2 Bed Flat, Single Let, Manchester, M35 0LF, £125,000
8 Metro House, Hardman Lane, Manchester, M35 0LF - 2 views - 4 months ago
Sold STC
Leasehold
BTL
ROI: 6%
57 m²





+3 photos
ValuationOvervalued
Sold Prices | £86.5K - £272.5K |
Sold Prices/m² | £1.5K/m² - £3K/m² |
| |
Square Metres | 57 m² |
Price/m² | £2.2K/m² |
Value Estimate | £102,170 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £31,250 |
Stamp Duty & Legal Fees | £4,950 |
Total Cash In | £36,200 |
| |
Cash Out | |
Rent Range | £675 - £1,250 |
Rent Estimate | £725 |
Running Costs/mo | £556 |
Cashflow/mo | £169 |
Cashflow/yr | £2,033 |
ROI | 6% |
Gross Yield | 7% |
Local Sold Prices
21 sold prices from £86.5K to £272.5K, average is £125K. £1.5K/m² to £3K/m², average is £1.9K/m².
Local Rents
51 rents from £675/mo to £1.3K/mo, average is £970/mo.
Local Area Statistics
Population in M35 | 20,671 |
Population in Manchester | 920,095 |
Town centre distance | 5.24 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.03 miles away |
| |
Rental growth (12m) | +90% |
Sales demand | Balanced market |
Capital growth (5yrs) | +27% |
Property History
Listed for £125,000
November 15, 2024
Floor Plans

Description
Similar Properties
Like this property? Maybe you'll like these ones close by too.
2 Bed Flat, Single Let, Manchester, M35 0GY
£115,000
6 months ago • 65 m²
Under Offer
3 Bed House, Single Let, Manchester, M35 0AW
£210,000
10 days ago • 93 m²
3 Bed House, Single Let, Manchester, M35 0BQ
£190,000
3 months ago • 93 m²
Sold STC
2 Bed House, Single Let, Manchester, M35 0AJ
£170,000
7 months ago • 93 m²