2 Bed Flat, Single Let, Manchester, M14 7BA, £170,000

Park Side, Hart Road, Manchester, M14 7BA - 4 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£113K - £640K
Sold Prices/m²£1.9K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£179,026
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£880 - £2,900

Rent Estimate

£969

Running Costs/mo

£745

Cashflow/mo

£224

Cashflow/yr

£2,687

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £113K to £640K, average is £161K. £1.9K/m² to £3.4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£159.5K12/230.18 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£131K12/200.18 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£135K02/230.2 mi19, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£147K09/210.63 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£162K08/230.63 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£149.9K06/230.63 mi10, Chervil Close, Manchester, Greater Manchester M14 7DP2
£131K05/210.63 mi74, Chervil Close, Manchester, Greater Manchester M14 7DP2
£185K12/220.72 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168K09/210.76 mi32, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£200K03/240.76 mi24, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£170K10/200.76 mi57, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£172.5K08/210.76 mi26, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£180K07/240.76 mi42, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£210K08/230.76 mi18, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£113K01/230.76 mi22, Kinderton Avenue, Manchester, Greater Manchester M20 1AL2
£250K12/220.76 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£203K12/220.77 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£155K10/210.77 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.77 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.77 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.77 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£170K12/200.78 mi12, Woodgate Road, Manchester, Greater Manchester M16 8LX2
£154K07/210.78 mi10, Woodgate Road, Manchester, Greater Manchester M16 8LX2
£640K01/240.78 mi26, Stanley Road, Whalley Range, Manchester, Greater Manchester M16 8HS2
£202K12/220.79 mi30, Willow Bank, Manchester, Greater Manchester M14 6XT2
£213K10/210.79 mi32, Willow Bank, Manchester, Greater Manchester M14 6XT2
£165K05/210.79 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£155K12/200.82 miFlat 4, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP2
£146.5K12/200.89 miApartment 30, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£160K02/210.89 miApartment 6, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£175K12/200.89 miApartment 7, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£135.5K01/210.9 mi14 Agnes Court, Wilmslow Road, Manchester, Greater Manchester M14 6AJ2
£160K03/230.91 mi6, Wilcock Street, Manchester, Greater Manchester M16 7DA2
£129.9K04/210.92 mi22, Wilcock Street, Manchester, Greater Manchester M16 7DA2
£134K05/210.94 mi12, Plainsfield Street, Manchester, Greater Manchester M16 7HB2
£132K11/230.94 mi18, Plainsfield Street, Manchester, Greater Manchester M16 7HB2
£139K09/210.96 miFlat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL2
£129K05/230.96 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2
£176.6K02/230.97 mi20, Gwynant Place, Manchester, Greater Manchester M20 4AE2
£169K12/200.98 mi50, Strathblane Close, Manchester, Greater Manchester M20 3FZ2
£180K07/210.98 miFlat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£158K10/200.98 miFlat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£130.5K03/210.99 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£170K01/230.99 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£160K02/210.99 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/230.99 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/230.99 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/230.99 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/230.99 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/230.99 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2

Local Rents

50 rents from £880/mo to £2.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10005/240.06 miHorton Road, Fallowfield, Manchester, M142
£1,00005/240.07 miThornton Road, Fallowfield, Manchester, M142
£1,30005/240.07 miThornton Road, Manchester M142
£1,25005/240.08 miThornton Road, Manchester, Greater Manchester, M142
£1,10005/240.1 miCopper Place, Fallowfield, Manchester, M142
£1,05005/240.11 mi-2
£1,05005/240.11 miCopper Place, Manchester, M142
£1,15012/240.12 mi-2
£1,10006/240.13 miDorset Avenue, Manchester, Greater Manchester, M142
£1,40005/240.13 miHorton Road, Rusholme, Manchester, M142
£1,17505/240.13 miDorset Avenue, Manchester, Greater Manchester, M142
£1,00006/240.16 miThornton Road, Manchester2
£1,00005/240.17 miThornton Road, Manchester2
£1,07505/240.19 miPLATT LANE, RUSHOLME, Manchester M14 5WH2
£1,00005/240.19 miLloyd Street South, Manchester, M14 7HS2
£1,20005/240.19 miBrockley Avenue, Fallowfield, Manchester2
£1,20005/240.21 miBlue Moon Way, Manchester, M142
£1,50003/250.21 mi-2
£1,40012/240.21 mi-2
£1,40005/240.21 miBluemoonway, Manchester, M142
£1,10006/240.22 mi-2
£1,20012/240.22 mi-2
£1,25003/250.22 mi-2
£1,20012/240.23 mi-2
£1,60012/240.24 mi-2
£1,35003/250.24 mi-2
£1,10002/240.24 mi-2
£1,10005/240.25 miThornton Road, Fallowfield, M142
£1,34005/240.27 miEdith Avenue, Fallowfield, Manchester, M142
£1,20005/240.27 miEdith Avenue, Manchester2
£92505/240.28 miYew Tree Avenue, Fallowfield, Manchester, M142
£2,90012/240.28 mi-2
£1,30005/240.29 miPrincess Road, Manchester, M142
£1,30006/240.29 mi-2
£1,10005/240.29 miLynton Street, Manchester2
£1,37005/240.3 miDriffield Street, Rusholme, Manchester, M142
£88003/240.32 miBoscombe Street, Manchester, Greater Manchester, M142
£99505/240.33 miMarkington Street, Manchester, Greater Manchester, M142
£1,20012/240.34 mi-2
£1,20006/240.34 miVentura Close, Manchester, M142
£1,10005/240.36 miCarlton Avenue, Manchester, M142
£1,38505/240.39 miLetchworth Street, Rusholme, Manchester, M142
£1,20005/240.39 mi-2
£1,20005/240.4 miWincombe Street, Manchester2
£1,34005/240.4 miCamborne Street, Rusholme, Manchester, M142
£1,34005/240.4 miCamborne Street, Rusholme, Manchester, M142
£1,00005/240.41 miCarnforth Street, Rusholme, M142
£1,33505/240.41 miRoute 1 at The Depot 2
£1,00005/240.41 miCamborne Street, Rusholme, M142
£1,46005/240.43 miHartington Street, Rusholme, Manchester, M142

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

0.76 miles away

Nearest school

0.10 miles away

Nearest train station

1.52 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £170,000

November 4, 2024

Floor Plans

Description

  • A two bedroom first floor apartment +
  • Open plan living/kitchen area +
  • Double glazed & electric heating +
  • Private residents allocated parking +
  • Close to all amenities +
  • No chain +

A most appealing, two double bedroom, first floor apartment forming part of a popular purpose built development that enjoys an ideal location just off Wilbraham Road, Suitable for a number of buyers including the first time buyer or buy to let landlord, offering easy access to the Universities and Manchester City Centre. The living space is extremely well presented and ready for immediate occupation, with a good size entrance hall, open plan lounge/dining room/kitchen with views over Plat Fields Park, two double bedrooms and bathroom with white suite and over bath shower. Externally, there are well tended communal grounds and private residents parking, double glazing and electric heating completes the impressive specification. No chain. EPC B

Agent Details

Jordan Fishwick, Didsbury

0161 524 8937

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪