2 Bed Flat, Single Let, Worsley, M28 3ST, £90,000

12 Worsley Gardens, Mountain Street, Worsley, M28 3ST - 4 views - 6 months ago

Leasehold
BTL
ROI: 14%
53 m²
+16 photos

ValuationUndervalued

Sold Prices£75K - £187K
Sold Prices/m²£1.4K/m² - £3.1K/m²

 

 

Square Metres

53 m²
Price/m²£1.7K/m²

Value Estimate

£96,000
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£750

Running Costs/mo

£451

Cashflow/mo

£299

Cashflow/yr

£3,585

ROI

14%

Gross Yield

10%

Local Sold Prices

30 sold prices from £75K to £187K, average is £99.5K. £1.4K/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£99K03/230.05 miApartment 2, Hilltop Court, Fereday Street, Worsley, Manchester, Greater Manchester M28 3TG2
£98K07/230.41 miApartment 4, St Andrews House, Manchester Road East, Little Hulton, Manchester, Greater Manchester M38 9AD2
£130K01/230.42 mi16, Hirst Avenue, Worsley, Manchester, Greater Manchester M28 3QH2
£78K04/210.44 mi16, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£187K11/220.44 mi8, Egerton Road, Worsley, Manchester, Greater Manchester M28 3JY2
£140K11/210.44 mi47, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£110K10/220.44 mi31, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£110K01/230.44 mi32, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£78K04/210.45 mi34, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£105K03/230.45 mi17, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£96K06/210.46 mi26, Hatherton Court, Worsley, Manchester, Greater Manchester M28 3ER2
£100K12/210.46 mi20, Hatherton Court, Worsley, Manchester, Greater Manchester M28 3ER2
£90K12/200.46 mi16, Hatherton Court, Worsley, Manchester, Greater Manchester M28 3ER2
£95K08/210.46 mi32, Hatherton Court, Worsley, Manchester, Greater Manchester M28 3ER2
£110K05/240.46 mi8, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£96K07/230.46 mi2, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£120K12/200.46 mi74, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£100K05/210.46 mi18, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£86K12/220.46 miApartment 14, Prescott Court, Prescott Street, Worsley, Manchester, Greater Manchester M28 0ZA2
£81K07/230.47 miApartment 10, Prescott Court, Prescott Street, Worsley, Manchester, Greater Manchester M28 0ZA2
£90K01/230.61 mi48, Springside Avenue, Worsley, Manchester, Greater Manchester M28 3PB2
£100K07/220.66 mi32, Crestfold, Little Hulton, Manchester, Greater Manchester M38 0BF2
£150K10/210.66 mi99, Longshaw Drive, Worsley, Manchester, Greater Manchester M28 0BD2
£120K07/210.68 mi46a, St Georges Crescent, Worsley, Manchester, Greater Manchester M28 3AN2
£120K07/210.68 mi46a, St Georges Crescent, Worsley, Manchester, Greater Manchester M28 3AN2
£90K03/230.68 mi48b, St Georges Crescent, Worsley, Manchester, Greater Manchester M28 3AN2
£80K01/210.76 mi8, Cawdor Street, Worsley, Manchester, Greater Manchester M28 3HF2
£100K06/210.8 mi211g, Manchester Road, Worsley, Manchester, Greater Manchester M28 3HE2
£75K11/200.83 mi87, Buckley Lane, Farnworth, Bolton, Greater Manchester BL4 9PQ2
£85K07/220.86 miFlat 6, Highfield Court, Masefield Drive, Farnworth, Bolton, Greater Manchester BL4 9TF2

Local Rents

50 rents from £750/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£99504/250 mi-2
£95008/230.05 mi-2
£99512/240.06 mi-2
£90009/230.06 mi-2
£85009/240.06 mi-2
£95010/240.16 mi-2
£90005/240.16 miVictoria Place Walkden2
£85005/240.17 miReservoir Gardens, Worsley, Manchester, M282
£85012/240.17 mi-2
£92504/250.2 mi-2
£99009/240.21 mi-2
£95005/240.22 miAlexandra Road, Worsley, Salford, M282
£97503/250.23 mi-2
£95010/240.23 mi-2
£85002/250.24 mi-2
£99004/250.27 mi-2
£95003/250.29 mi-2
£99504/250.32 mi-2
£1,00003/250.33 mi-2
£1,00003/250.33 mi-2
£95012/240.33 mi-2
£90005/240.36 mi-2
£90005/240.36 mi-2
£90006/240.36 mi-2
£89512/240.36 mi-2
£85005/240.37 miManchester Road East, Little Hulton, Manchester, M382
£92504/250.38 mi-2
£79507/230.39 mi-2
£99501/250.4 mi-2
£95005/240.4 mi-2
£95008/240.4 miSt. Andrews House, Manchester Road East, M382
£99503/250.4 mi-2
£98504/240.41 mi-2
£79508/240.43 miManchester Road, Little Hulton, M382
£90012/240.44 mi-2
£77505/240.44 miLargo House, Egerton Road, Walkden2
£77506/240.44 miLargo House, Egerton Road, Walkden2
£75005/240.44 miLargo House, Walkden2
£75006/240.44 miLargo House, Walkden2
£80005/240.45 miPrescott Court, Walkden, Worsley2
£85005/240.46 miHatherton Court, Worsley2
£89509/240.46 mi-2
£99512/240.46 mi-2
£90008/240.47 mi-2
£90003/250.47 mi-2
£99505/240.48 mi-2
£1,00005/240.48 mi-2
£1,00005/240.49 mi-2
£1,10002/250.49 mi-2
£87505/240.52 miLongley Road, Worsley, Manchester, M282

Local Area Statistics

Population in M28

39,097

Town centre distance

0.95 miles away

Nearest school

0.30 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £90,000

November 5, 2024

Floor Plans

Description

Miller Metcalfe are now in receipt of an offer for the sum of £93,000 for 12 Worsley Gardens, Mountain Street, Worsley, M28 3ST. Anyone wishing to place an offer on this property should contact Miller Metcalfe Estate Agents, Worsley before exchange of contracts.

This modern second floor apartment is situated in a highly popular and convenient location within easy walking distance to Walkden shopping centre, offering exceptionally well-proportioned accommodation that must be seen in person to be fully appreciated. This property would be ideally suited to first time buyers, professional couples, those looking to downsize as well as making an excellent to let investment if required.

The generous living space comprises an entrance hall, wonderful light and airy living kitchen including modern fitted wall and base units with integrated appliances and a lounge area with French doors and Juliet balcony that offers views to the front aspect, two good sized double bedrooms plus a modern three piece bathroom which completes the accommodation. Outside the property has communal gardens whilst a gated residents car park provides provision for parking.

The popular location has Walkden on the doorstep, meaning it is within easy access many bars, restaurants and shops, along with renowned schooling. It is also well placed for major transport links making it easy to commute into Manchester city centre, Salford Quays, Worsley village and across the North West.

Rarely do properties of this calibre come to the market at such an attractive price and tend not to be available to buy for long. With the added benefit of No Chain, an early internal viewing is strongly recommended to avoid disappointment.

Agent Details

Miller Metcalfe, Worsley

0161 524 0938

Next Steps?

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