3 Bed Terraced House, Single Let, Manchester, M35 0AQ, £190,000

36 Aldred Street, Manchester, Greater Manchester, M35 0AQ - 2 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£90K - £290K
Sold Prices/m²£1.1K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£202,124
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£995 - £3,534

Rent Estimate

£1,000

Running Costs/mo

£814

Cashflow/mo

£186

Cashflow/yr

£2,235

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £90K to £290K, average is £180K. £1.1K/m² to £4.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£193K05/230.01 mi24, Aldred Street, Failsworth, Manchester, Greater Manchester M35 0AQ3
£185K03/230.04 mi13, Old Road, Failsworth, Manchester, Greater Manchester M35 0BQ3
£137K01/210.12 mi34, Mather Street, Failsworth, Manchester, Greater Manchester M35 0DT3
£190K07/210.12 mi347, Oldham Road, Failsworth, Manchester, Greater Manchester M35 0AN3
£170K01/230.13 mi30, Dalton Street, Failsworth, Manchester, Greater Manchester M35 0DU3
£115K12/200.13 mi26, Queen Street, Failsworth, Manchester, Greater Manchester M35 0HA3
£133K05/210.15 mi25, Brown Street, Failsworth, Manchester, Greater Manchester M35 0AX3
£149.9K06/230.15 mi34, Brown Street, Failsworth, Manchester, Greater Manchester M35 0AX3
£132.5K01/210.16 mi12, Stanhope Way, Failsworth, Manchester, Greater Manchester M35 0GE3
£184.9K05/230.16 mi1, Hale Lane, Failsworth, Manchester, Greater Manchester M35 0DN3
£171.5K01/230.17 mi24, Ash Street, Failsworth, Manchester, Greater Manchester M35 0AJ3
£165K07/230.17 mi35, Hulton Street, Failsworth, Manchester, Greater Manchester M35 0AZ3
£250K04/230.19 mi42, Brookfold, Failsworth, Manchester, Greater Manchester M35 0DH3
£160K02/230.2 mi23, Elm Street, Failsworth, Manchester, Greater Manchester M35 0AF3
£95K04/210.24 mi15, Springfield Close, Failsworth, Manchester, Greater Manchester M35 0GB3
£160K11/220.24 mi151, Old Road, Failsworth, Manchester, Greater Manchester M35 0GD3
£90K12/200.27 mi58, Marlborough Drive, Failsworth, Manchester, Greater Manchester M35 0LE3
£220K05/230.27 mi10, Marlborough Drive, Failsworth, Manchester, Greater Manchester M35 0LE3
£215K10/220.27 mi1, Propps Hall Drive, Failsworth, Manchester, Greater Manchester M35 0ND3
£190K07/230.27 mi138, Ashton Road West, Failsworth, Manchester, Greater Manchester M35 0FB3
£230K12/210.3 mi7, Chauncy Road, Manchester, Greater Manchester M40 3GG3
£141.5K12/200.3 mi69, Chauncy Road, Manchester, Greater Manchester M40 3GG3
£177.5K03/210.3 mi51, Broadway, Failsworth, Manchester, Greater Manchester M35 0DX3
£240K09/200.3 mi69, Broadway, Failsworth, Manchester, Greater Manchester M35 0DX3
£245K12/200.32 mi32, Park Avenue, Failsworth, Manchester, Greater Manchester M35 0DY3
£174.9K11/210.32 mi52, Propps Hall Drive, Failsworth, Manchester, Greater Manchester M35 0LW3
£227K03/230.33 mi39a, Moston Lane East, Manchester, Greater Manchester M40 3GF3
£180K01/230.33 mi6, Middleton Avenue, Failsworth, Manchester, Greater Manchester M35 0FE3
£180K05/210.35 mi51, Rishworth Drive, Manchester, Greater Manchester M40 3PR3
£218K08/230.35 mi5, Brooks Drive, Failsworth, Manchester, Greater Manchester M35 0LS3
£185K12/220.35 mi17, Brooks Drive, Failsworth, Manchester, Greater Manchester M35 0LS3
£178K10/220.36 mi48, Rishworth Drive, Manchester, Greater Manchester M40 3PG3
£250K05/230.36 mi28, Rishworth Drive, Manchester, Greater Manchester M40 3PG3
£178K06/210.36 mi9, Lord Lane, Failsworth, Manchester, Greater Manchester M35 9GB3
£186K08/230.37 mi15, Rishworth Drive, Manchester, Greater Manchester M40 3PS3
£174K12/220.38 mi25, Jackson Street, Failsworth, Manchester, Greater Manchester M35 0HX3
£115K08/210.38 mi25, Jackson Street, Failsworth, Manchester, Greater Manchester M35 0HX3
£186K03/210.38 mi17, Burgess Drive, Failsworth, Manchester, Greater Manchester M35 0EU3
£161K01/230.39 mi241, Ashton Road West, Failsworth, Manchester, Greater Manchester M35 9PJ3
£290K06/230.39 mi20, Pole Lane, Failsworth, Manchester, Greater Manchester M35 9PB3
£204.5K06/210.39 mi74, Norfolk Crescent, Failsworth, Manchester, Greater Manchester M35 0NS3
£155K02/210.39 mi88, Norfolk Crescent, Failsworth, Manchester, Greater Manchester M35 0NS3
£178K05/210.39 mi110, Norfolk Crescent, Failsworth, Manchester, Greater Manchester M35 0NS3
£238K11/220.4 mi5, Onslow Avenue, Manchester, Greater Manchester M40 3PW3
£204K11/220.4 mi27, Burgess Drive, Failsworth, Manchester, Greater Manchester M35 0EU3
£190K09/210.4 mi2, Onslow Avenue, Manchester, Greater Manchester M40 3PW3
£185K10/230.4 mi13, Onslow Avenue, Manchester, Greater Manchester M40 3PW3
£216K12/220.4 mi18, Onslow Avenue, Manchester, Greater Manchester M40 3PW3
£170K02/210.42 mi59, Norfolk Crescent, Failsworth, Manchester, Greater Manchester M35 0WS3
£139.9K04/210.42 mi32, Poplar Street, Failsworth, Manchester, Greater Manchester M35 0HY3

Local Rents

50 rents from £995/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,04503/250.06 mi-3
£1,05010/240.11 mi-3
£1,15012/240.12 mi-3
£1,00003/250.13 mi-3
£99503/250.13 mi-3
£1,00010/240.15 mi-3
£1,20008/240.16 mi-3
£1,65003/250.18 mi-3
£1,20008/240.18 miWhitekirk Drive, Failsworth, Manchester, M35 0TB3
£99505/240.19 mi-3
£1,25008/240.19 mi-3
£1,05007/240.22 miBrookdale Street, Failsworth, M353
£1,10005/240.23 miPiercy Street, Failsworth, Manchester3
£1,10008/240.3 miChauncy Road, Manchester, Greater Manchester, M403
£1,55010/240.3 mi-3
£1,19502/250.3 mi-3
£1,10006/240.31 mi-3
£1,00008/240.32 mi-3
£1,45008/240.34 mi-3
£1,15007/240.36 miRegent Crescent, Failsworth, Manchester3
£1,40005/240.36 miChauncy Road, Manchester3
£1,40012/240.36 mi-3
£1,05009/240.37 miGrange Street, Failsworth, Oldham, M353
£1,00006/240.38 mi-3
£1,25006/240.4 mi-3
£1,20003/250.4 mi-3
£1,70006/240.4 mi-3
£1,50005/240.4 miPole Lane, Failsworth3
£99508/240.4 miPole Lane, Failsworth, Manchester3
£1,45007/240.41 miTrinity Drive, Failsworth, Manchester, Greater Manchester, M353
£1,10006/240.44 miVictoria Street, Failsworth, Manchester3
£1,20008/240.45 mi-3
£1,45004/240.47 mi-3
£1,45008/240.47 mi-3
£1,45005/240.47 miAlbert Street West, Failsworth, Manchester, M353
£1,45007/240.47 miAlbert Street West, Failsworth, Manchester, M353
£1,47507/240.47 mi-3
£1,47506/240.47 miGreaves Avenue, Manchester, M353
£3,00011/240.47 mi-3
£2,50002/250.47 mi-3
£2,80009/240.48 mi-3
£1,27505/240.48 miByron Terrace, Partington Street, Failsworth3
£3,53405/240.5 mi-3
£3,53402/240.5 mi-3
£3,46002/240.5 mi-3
£3,53405/240.5 mi-3
£3,46006/240.5 mi-3
£3,53406/240.5 mi-3
£3,46005/240.5 mi-3
£3,53408/240.5 mi-3

Local Area Statistics

Population in M35

20,671

Population in Manchester

920,095

Town centre distance

5.15 miles away

Nearest school

0.20 miles away

Nearest train station

0.09 miles away

 

 

Rental growth (12m)

+90%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £190,000

November 19, 2024

Sold for £83,500

2005

Sold for £35,995

2002

Floor Plans

Description

  • THREE BEDROOMS +
  • MODERN INTERIOR +
  • TWO RECEPTION ROOMS +
  • STUNNIG KITCHEN AND BATHROOM +
  • IDEAL FOR FIRST TIME BUYERS +
  • PERFECT FOR BUY-TO-LET +
  • CLOSE TO LOCAL AMMINATIES +
  • NEAR TRANSPORT LINKS +
  • LEASEHOLD: 999 years from February 1777 +
  • GROUND RENT: £2 p/a +

NO CHAIN - This stunning three bedroom mid-terrace is ideal for First Time Buyers. EPC: TBC

Presented to the market with no onward chain, this three bedroom mid-terrace property is ideal for First Time Buyers and buy-to-let investors alike.

With superb fixtures and fittings, the decor has been left as a blank canvas ready for any buyer to put their own stamp on.

Upon entry, there is a generous entrance hallway with two large, well-lit reception rooms with the modern kitchen to the rear.

Upstairs, there are three well proportioned bedrooms and the stunning fitted bathroom, with separate bath and walk in shower unit.

Externally, there is a good sized rear patio to the rear while there is on-street parking at the front.

Located just off Old Road, the property is within a brief walk the nearby Metrolink round the corner - ideal for commuters needing easy access to the Manchester city centre. Nearby you will also find an abundance of local amenities including shops and supermarkets. There are local primary and secondary schools within half a mile and the M60 motorway is just over a mile's drive.

Agent Details

Ryder & Dutton, Chadderton

0161 524 3010

Next Steps?

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