3 Bed Semi-Detached House, Single Let, Manchester, M18 8QZ, £220,000

13 Lakeside Close, Manchester, Greater Manchester, M18 8QZ - 3 views - 5 months ago

Sold STC
BTL
ROI: 2%
83 m²
+12 photos

ValuationOvervalued

Sold Prices£85K - £255K
Sold Prices/m²£1.2K/m² - £3.1K/m²

 

 

Square Metres

83 m²
Price/m²£2.7K/m²

Value Estimate

£164,600

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£950 - £1,600

Rent Estimate

£989

Running Costs/mo

£905

Cashflow/mo

£84

Cashflow/yr

£1,004

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £85K to £255K, average is £175K. £1.2K/m² to £3.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£215K11/220.03 mi23, Green Fold, Manchester, Greater Manchester M18 8RJ3
£225K11/220.06 mi7, Rookery Avenue, Manchester, Greater Manchester M18 8XH3
£185K11/210.08 mi12, Underwood Close, Manchester, Greater Manchester M18 8UY3
£147.5K07/210.08 mi16, Underwood Close, Manchester, Greater Manchester M18 8UY3
£221K11/230.1 mi2, Kings Close, Manchester, Greater Manchester M18 8TB3
£165K09/210.12 mi246, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP3
£138K03/210.12 mi252, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP3
£243.5K07/220.14 mi12, Forshaw Avenue, Manchester, Greater Manchester M18 8XQ3
£137K02/240.16 mi21, Sandown Street, Manchester, Greater Manchester M18 8SB3
£158K04/210.16 mi13, Jetson Street, Manchester, Greater Manchester M18 8SU3
£145K07/230.16 mi9, Jetson Street, Manchester, Greater Manchester M18 8SU3
£235K04/230.17 mi12, Harrop Street, Manchester, Greater Manchester M18 8RW3
£169K06/210.18 mi32, Ackroyd Avenue, Manchester, Greater Manchester M18 8TL3
£210K11/230.18 mi16, Ackroyd Avenue, Manchester, Greater Manchester M18 8TL3
£165K11/210.19 mi130, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TH3
£125K02/210.19 mi186, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TH3
£154K04/230.19 mi136, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TH3
£160K06/230.19 mi14, Peterborough Street, Manchester, Greater Manchester M18 8TF3
£175K03/230.2 mi80, Jetson Street, Manchester, Greater Manchester M18 8SZ3
£185K07/240.2 mi38, Jetson Street, Manchester, Greater Manchester M18 8SZ3
£170K02/240.2 mi54, Jetson Street, Manchester, Greater Manchester M18 8SZ3
£175K10/220.21 mi159, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TJ3
£182K03/230.22 mi59, Jetson Street, Manchester, Greater Manchester M18 8SX3
£235K08/240.22 mi7, Gibson Avenue, Manchester, Greater Manchester M18 8TS3
£142K02/230.25 mi24, Claymore Street, Manchester, Greater Manchester M18 8SP3
£85K12/220.25 mi373, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RB3
£201K12/220.26 mi5, Claymore Street, Manchester, Greater Manchester M18 8SQ3
£156.5K01/210.26 mi9, Wentworth Avenue, Manchester, Greater Manchester M18 8RD3
£145K02/210.27 mi22, Field Street, Manchester, Greater Manchester M18 8GT3
£185K10/230.27 mi43, Courier Street, Manchester, Greater Manchester M18 8SY3
£232K03/240.27 mi1, Redacre Road, Manchester, Greater Manchester M18 8RU3
£210K05/240.27 mi3, Redacre Road, Manchester, Greater Manchester M18 8RU3
£230K05/230.27 mi15, Redacre Road, Manchester, Greater Manchester M18 8RU3
£232K03/240.27 mi5, Redacre Road, Manchester, Greater Manchester M18 8RU3
£107.5K11/210.27 mi42, Godwin Street, Manchester, Greater Manchester M18 8GS3
£191K07/210.28 mi64, Neston Street, Manchester, Greater Manchester M11 1HZ3
£172K06/210.28 mi34, Neston Street, Manchester, Greater Manchester M11 1HZ3
£173K11/220.29 mi10, Neston Street, Manchester, Greater Manchester M11 1HZ3
£116K01/210.31 mi42, Long Street, Manchester, Greater Manchester M18 8QT3
£195K02/240.31 mi7, Rayleigh Avenue, Openshaw, Manchester, Greater Manchester M11 1GU3
£195K11/230.31 mi14, Franklyn Road, Manchester, Greater Manchester M18 8QX3
£130K11/200.31 mi89, Abbey Hey Lane, Openshaw, Manchester, Greater Manchester M11 1JW3
£255K06/230.32 mi2, Donnington Road, Manchester, Greater Manchester M18 8RX3
£240K08/240.34 mi8, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA3
£170K12/200.34 mi10, Chertsey Close, Manchester, Greater Manchester M18 8QY3
£154K04/210.34 mi9, Oxton Street, Manchester, Greater Manchester M11 1HY3
£175K07/210.34 mi1, Oxton Street, Manchester, Greater Manchester M11 1HY3
£190.6K11/200.34 mi23, Oxton Street, Manchester, Greater Manchester M11 1HY3
£209.2K03/230.34 mi33, Oxton Street, Manchester, Greater Manchester M11 1HY3
£170K03/210.34 mi4, Evington Avenue, Openshaw, Manchester, Greater Manchester M11 1GW3

Local Rents

32 rents from £950/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20004/240.12 mi-3
£1,10012/240.14 mi-3
£1,60001/250.15 mi-3
£1,25012/240.19 mi-3
£1,15012/240.2 mi-3
£1,40002/250.22 mi-3
£1,15012/240.23 mi-3
£1,19506/240.24 miJetson Street, Abbey Hey, M18 8SZ3
£1,25005/240.33 miAysgarth Avenue, Manchester, M183
£1,20005/240.34 miAysgarth Avenue, Abbey Hey3
£1,20010/240.37 mi-3
£1,50012/240.44 mi-3
£1,30005/240.46 miWalmer Street, Abbey Hey, Manchester3
£1,15006/240.46 miWelbeck Street, Manchester, M183
£1,25005/240.47 miHollybush Street, Manchester, M183
£99505/240.5 miLongford Street, Manchester, Greater Manchester, M183
£1,05012/240.5 mi-3
£1,40005/240.51 mi-3
£1,40003/250.51 mi-3
£1,40012/240.51 mi-3
£1,15005/240.51 miLongford Street, M183
£1,20005/240.52 miCarberry Road, Gorton, Manchester, M183
£1,35006/240.52 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.52 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.52 miDorlan Avenue, Gorton, Manchester, M183
£1,30005/240.53 mi-3
£1,20003/250.55 mi-3
£95005/240.56 miCarberry Road, Gorton3
£1,27505/240.59 miWistaria Road, Manchester, M183
£1,27512/240.59 mi-3
£1,55012/230.59 mi-3
£1,35012/240.61 mi-3

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £220,000

November 5, 2024

Sold for £165,000

2018

Sold for £68,995

2003

Description

Welcome to Lakeside Close – a charming and spacious three-bedroom semi-detached family home, ideal for comfortable modern living. This beautifully maintained property provides a blend of cozy, welcoming spaces and thoughtful amenities, perfect for a growing family.

Interior
Upon entering, you’re greeted by a bright and inviting entrance hall that sets the tone for the home’s warm atmosphere. The family lounge at the front of the property offers a comfortable space for relaxation and entertaining, featuring a large window that allows natural light to fill the room. At the heart of the home, you’ll find a generous kitchen-diner at the rear, thoughtfully designed to provide ample space for family meals and gatherings. With plenty of counter space and modern appliances, this kitchen-diner overlooks the rear garden, bringing the outdoors in and creating a lovely dining experience.

The first floor features three well-proportioned bedrooms. The primary bedroom is bright and spacious, offering plenty of storage and comfort, while the second bedroom also provides ample space, making it perfect as a child’s room, guest room, or even a home office. The third bedroom can be adapted as needed and is well-suited as a nursery or study. Completing the upstairs layout is a family bathroom, equipped with a full suite and finished in a timeless style.

Exterior
Externally, the property has excellent curb appeal. At the front, you’ll find convenient off-road parking, making daily life easier and more accessible. A detached garage provides extra storage or workshop space, ideal for hobbies or projects.

To the rear, an enclosed garden offers a peaceful retreat. Here, you’ll enjoy a spacious decked area, perfect for outdoor dining, entertaining, or simply unwinding. Beyond the decking, there is a well-maintained lawn, providing plenty of room for children to play or for anyone with a green thumb to create their ideal garden. This private outdoor area makes the home feel like a sanctuary, perfect for family life or gatherings with friends.

Lakeside Close is a lovely property that blends functionality, comfort, and style, offering everything you need for a balanced family life. This home is ready to welcome its next owners to start creating memories.

Agent Details

Bridgfords, Denton

0161 524 6893

Next Steps?

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