3 Bed Semi-Detached House, Planning Permission, Manchester, M41 6LL, £325,000

11 Rothiemay Road, Manchester, Greater Manchester, M41 6LL - 4 views - 5 months ago

Sold STC
Planning
ROI: 6%
69 m²
+10 photos

ValuationOvervalued

Sold Prices£227K - £600K
Sold Prices/m²£2.3K/m² - £9.1K/m²

 

 

Square Metres

69 m²
Price/m²£4.7K/m²

Value Estimate

£244,495

 

 

End Value (After Refurb)

£321,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£29,158

Bridging Loan Interest

£8,531

Total Cash In

£135,389

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£321,750

Mortgage (After Refinance)

£241,313

Mortgage LTV

75%

Cash Left In

£135,389

Equity

£80,438

Rent Range

£1,100 - £4,550

Rent Estimate

£2,103

Running Costs/mo

£1,446

Cashflow/mo

£657

Cashflow/yr

£7,883

ROI

6%

Gross Yield

8%

Local Sold Prices

50 sold prices from £227K to £600K, average is £324.5K. £2.3K/m² to £9.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£303K10/210.06 mi24, Whitegate Park, Urmston, Manchester, Greater Manchester M41 6LW3
£550K08/230.06 mi54, Whitegate Park, Urmston, Manchester, Greater Manchester M41 6LW3
£365K04/210.07 mi13, Hodnett Avenue, Urmston, Manchester, Greater Manchester M41 6LQ3
£325K01/230.1 mi35, Rothiemay Road, Urmston, Manchester, Greater Manchester M41 6LL3
£450K01/230.12 mi29, Irlam Road, Urmston, Manchester, Greater Manchester M41 6JR3
£330K11/220.13 mi48, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JZ3
£340K10/210.13 mi56, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JZ3
£295K03/210.14 mi26, Holly House Drive, Urmston, Manchester, Greater Manchester M41 6QS3
£370K11/200.15 mi6, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JX3
£390K11/210.15 mi16, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JX3
£325K05/230.18 mi1, The Avenue, Urmston, Manchester, Greater Manchester M41 6GT3
£284K10/230.2 mi20, Devon Road, Urmston, Manchester, Greater Manchester M41 6PN3
£372K09/230.2 mi4, Devon Road, Urmston, Manchester, Greater Manchester M41 6PN3
£287K11/200.21 mi31, Brooklyn Avenue, Urmston, Manchester, Greater Manchester M41 6PE3
£293K03/210.21 mi22, Brooklyn Avenue, Urmston, Manchester, Greater Manchester M41 6PE3
£391.6K11/200.22 mi57, Overdale Crescent, Urmston, Manchester, Greater Manchester M41 5GR3
£280K08/210.22 mi28, Goldsworthy Road, Urmston, Manchester, Greater Manchester M41 8TX3
£318.5K03/210.22 mi44, Wibbersley Park, Urmston, Manchester, Greater Manchester M41 6JQ3
£460K10/200.23 mi11, Brooklyn Avenue, Urmston, Manchester, Greater Manchester M41 6PF3
£338K03/210.24 mi45, Parsonage Road, Urmston, Manchester, Greater Manchester M41 6QN3
£335K03/230.25 mi25, Bromley Avenue, Urmston, Manchester, Greater Manchester M41 6HZ3
£600K06/210.25 mi79, Marlborough Road, Urmston, Manchester, Greater Manchester M41 5QP3
£425K07/230.25 mi59, Marlborough Road, Urmston, Manchester, Greater Manchester M41 5QP3
£379K11/220.25 mi36, Wibbersley Park, Urmston, Manchester, Greater Manchester M41 6JQ3
£375K07/230.25 mi53, Ambleside Road, Urmston, Manchester, Greater Manchester M41 6QX3
£273K04/210.27 mi4, Hampstead Avenue, Urmston, Manchester, Greater Manchester M41 6HY3
£335K08/210.29 mi46, Derwent Road, Urmston, Manchester, Greater Manchester M41 8UA3
£270K01/210.3 mi38, Lansdowne Road North, Urmston, Manchester, Greater Manchester M41 6QG3
£320K12/220.32 mi322, Church Road, Urmston, Manchester, Greater Manchester M41 6HR3
£324K07/210.32 mi64, Whitelake Avenue, Urmston, Manchester, Greater Manchester M41 5QN3
£405K06/230.32 mi34, Whitelake Avenue, Urmston, Manchester, Greater Manchester M41 5QN3
£310K12/200.32 mi9, Cecil Drive, Urmston, Manchester, Greater Manchester M41 8UW3
£310K08/230.32 mi2, Cecil Drive, Urmston, Manchester, Greater Manchester M41 8UW3
£324K06/210.32 mi33, Delamere Road, Urmston, Manchester, Greater Manchester M41 5GL3
£295K10/200.32 mi17, Delamere Road, Urmston, Manchester, Greater Manchester M41 5GL3
£320K12/230.32 mi13, Delamere Road, Urmston, Manchester, Greater Manchester M41 5GL3
£325.5K12/200.32 mi66, Whitelake Avenue, Urmston, Manchester, Greater Manchester M41 5QN3
£285K12/200.33 mi20, Windsor Avenue, Urmston, Manchester, Greater Manchester M41 5GP3
£325K06/230.34 mi36, Delamere Road, Urmston, Manchester, Greater Manchester M41 5QL3
£285K09/230.34 mi28, Delamere Road, Urmston, Manchester, Greater Manchester M41 5QL3
£227K09/210.34 mi88, Carrington Road, Urmston, Manchester, Greater Manchester M41 6HX3
£280K03/210.34 mi12, Carrington Road, Urmston, Manchester, Greater Manchester M41 6HX3
£249.9K06/210.35 mi23, Woodsend Road, Urmston, Manchester, Greater Manchester M41 8QY3
£279K03/230.35 mi23, Woodsend Road, Urmston, Manchester, Greater Manchester M41 8QY3
£375K09/230.35 mi104, Merwell Road, Urmston, Manchester, Greater Manchester M41 6PR3
£290K03/210.35 mi104, Merwell Road, Urmston, Manchester, Greater Manchester M41 6PR3
£249.5K05/210.35 mi84, Merwell Road, Urmston, Manchester, Greater Manchester M41 6PR3
£340K06/230.36 mi8, Vale Avenue, Urmston, Manchester, Greater Manchester M41 6PQ3
£324K05/230.36 mi3, Aldermere Crescent, Urmston, Manchester, Greater Manchester M41 8UE3
£330K12/200.36 mi5, Lawrence Road, Urmston, Manchester, Greater Manchester M41 8UN3

Local Rents

15 rents from £1.1K/mo to £4.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£4,55006/240.14 mi-3
£4,55007/240.14 mi-3
£4,55011/240.14 mi-3
£1,40007/240.16 mi16 Ambleside Road, M41 6PH3
£1,30012/230.23 mi-3
£1,60007/240.3 miDerwent Road, Flixton, Trafford, M413
£1,65007/240.32 miCecil Drive, M413
£1,70007/240.39 miBishop Road, Urmston, M41 8QU3
£1,70008/240.39 miBishop Road, Urmston, M41 8QU3
£1,70008/240.39 miBishop Road, Urmston, M41 8QU3
£1,10005/240.43 miAlderley Road, Urmston, Manchester3
£1,49505/240.49 miBrook Road, Flixton, Trafford, M413
£1,35012/240.52 mi-3
£1,32505/240.6 miShawe Hall Crescent, Manchester, M413
£1,65008/240.6 miBeechfield Avenue, Urmston, M413

Local Area Statistics

Population in M41

41,397

Population in Manchester

920,095

Town centre distance

5.57 miles away

Nearest school

0.30 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £325,000

November 8, 2024

Sold for £153,000

2008

Floor Plans

Description

  • NEW BOILER +
  • RESIN DRIVEWAY +
  • LANDSCAPED REAR GARDEN +
  • MULTI-FUEL STOVE +
  • CLOSE TO THE TRAIN STATION +
  • SOUTH FACING REAR GARDEN +

TRADING PLACES URMSTON are delighted to present this charming 1930s semi-detached home, ideally situated on a tree-lined residential road in a highly sought-after area. This well-positioned property offers a welcoming entrance hall, a spacious lounge, a bright conservatory, and a lovely, fitted kitchen. On the first floor, you'll find three well-appointed bedrooms, each with recently installed fitted wardrobes, as well as a family bathroom. Externally, the property boasts a front garden with mature shrubs and a newly installed environmentally friendly resin-bound driveway, providing off-road parking. The south-facing rear garden has been recently landscaped, featuring a lawn, mature trees, plants, and bushes that offer privacy in the summer months and a garden shed. Additionally, there is a large resin-bound patio that seamlessly connects the front and back of the property, perfect for outdoor entertaining. There is space to the side of the house which would be suitable for an extension (Subject to the necessary planning permissions). Additional highlights of the property include a gas central heating system with a new boiler with a smart thermostat and smart radiator valves, a multi-fuel stove, uPVC double glazing, and a newly replaced conservatory roof with excellent thermal insulation. For commuters, Flixton train station is just a short walk away, offering direct connections to Manchester City Centre in under 15 minutes. The property is also conveniently located with easy access to the motorway network and within a short drive of Urmston town centre, which offers a variety of shops, services, and restaurants. Nature lovers will appreciate the proximity to William Wroe Meadows, a protected community green space, while families will benefit from being within walking distance of several highly regarded schools, including Flixton Primary School, Flixton Girls' School, and St Monica's Primary School

Agent Details

Trading Places, Urmston

0161 524 7890

Next Steps?

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