2 Bed Terraced House, Single Let, Manchester, M11 4EQ, £125,000

5 Pioneer Street, Manchester, Greater Manchester, M11 4EQ - 3 views - 4 months ago

Sold STC
BTL
ROI: 11%
94 m²
+6 photos

ValuationUndervalued

Sold Prices£40K - £206K
Sold Prices/m²£513/m² - £6.2K/m²

 

 

Square Metres

94 m²
Price/m²£1.3K/m²

Value Estimate

£150,000
BMV20%

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

£850 - £2,700

Rent Estimate

£941

Running Costs/mo

£599

Cashflow/mo

£342

Cashflow/yr

£4,106

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £40K to £206K, average is £131K. £513/m² to £6.2K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£118K04/210.06 mi66, Ranelagh Street, Manchester, Greater Manchester M11 4FX2
£93K03/210.08 mi65, Ilford Street, Manchester, Greater Manchester M11 4FL2
£185K08/230.19 mi7, Strathfield Drive, Manchester, Greater Manchester M11 4HB2
£94.5K11/200.19 mi40, Clayton Street, Manchester, Greater Manchester M11 4HA2
£130K09/210.27 mi149, Barrington Street, Manchester, Greater Manchester M11 4FB2
£107K11/200.27 mi177, Barrington Street, Manchester, Greater Manchester M11 4FB2
£157.5K02/230.27 mi201, Barrington Street, Manchester, Greater Manchester M11 4FB2
£115K09/230.27 mi189, Barrington Street, Manchester, Greater Manchester M11 4FB2
£110K03/230.27 mi193, Barrington Street, Manchester, Greater Manchester M11 4FB2
£110K02/210.29 mi174, Barrington Street, Manchester, Greater Manchester M11 4ED2
£130K09/230.29 mi166, Barrington Street, Manchester, Greater Manchester M11 4ED2
£206K08/230.34 mi27, Stuart Street, Manchester, Greater Manchester M11 4DU2
£175K02/230.34 mi28, Vale Street, Manchester, Greater Manchester M11 4WG2
£200K02/230.36 mi20, Stuart Street, Manchester, Greater Manchester M11 4DN2
£145K08/230.37 mi13, Stanton Street, Manchester, Greater Manchester M11 4NH2
£146K01/230.37 mi7, Stanton Street, Manchester, Greater Manchester M11 4NH2
£117.5K07/230.37 mi29, Stanton Street, Manchester, Greater Manchester M11 4NH2
£135K01/240.38 mi35, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.38 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£140K10/230.38 mi37, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.38 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£88K03/210.39 mi16, Tottington Street, Manchester, Greater Manchester M11 4WT2
£168K05/210.41 mi11, Stuart Street, Manchester, Greater Manchester M11 4DQ2
£137K10/230.43 mi9, Coatbridge Street, Manchester, Greater Manchester M11 4RL2
£175K06/230.44 mi36, North Road, Manchester, Greater Manchester M11 4NG2
£163K06/230.51 mi665, Ashton New Road, Manchester, Greater Manchester M11 4QJ2
£100K05/230.56 mi31, Powell Street, Clayton, Manchester, Greater Manchester M11 4GA2
£40K03/210.62 mi33, Stokes Street, Manchester, Greater Manchester M11 4SJ2
£125K04/210.63 mi30, Glenolden Street, Manchester, Greater Manchester M11 4PT2
£170K10/220.64 mi114, Seymour Road South, Manchester, Greater Manchester M11 4PS2
£99K10/200.69 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£100K10/230.69 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£150K08/230.73 mi14, Winslow Street, Manchester, Greater Manchester M11 2AY2
£122K11/220.73 mi1, Winslow Street, Manchester, Greater Manchester M11 2AY2
£110K11/230.73 mi19, Winslow Street, Manchester, Greater Manchester M11 2AY2
£130K07/230.74 mi15, Ballantine Street, Manchester, Greater Manchester M40 1RT2
£85K02/210.74 mi28, Connie Street, Manchester, Greater Manchester M11 2JT2
£75K02/210.74 mi17, Connie Street, Manchester, Greater Manchester M11 2JT2
£175.8K07/230.75 mi28, Reading Close, Manchester, Greater Manchester M11 1UA2
£132K07/210.75 mi469, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JN2
£138K11/210.76 mi15, Jobling Street, Manchester, Greater Manchester M11 3TA2
£165K05/230.77 mi512, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JW2
£126.5K09/210.77 mi17, Herne Street, Manchester, Greater Manchester M11 2AJ2
£176.2K12/220.78 mi528, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JQ2
£100K04/210.79 mi39, Meech Street, Manchester, Greater Manchester M11 2JJ2
£80K10/200.79 mi14, Timperley Street, Manchester, Greater Manchester M11 2JG2
£133.5K10/200.79 mi31, Reading Close, Manchester, Greater Manchester M11 1PF2
£135K03/210.8 mi31, Dargai Street, Manchester, Greater Manchester M11 4PW2
£125K08/230.8 mi51, Dargai Street, Manchester, Greater Manchester M11 4PW2
£200K01/240.8 mi13, Assheton Road, Manchester, Greater Manchester M40 1UB2

Local Rents

47 rents from £850/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£87512/240.04 mi-2
£1,20003/250.06 mi-2
£1,20002/250.06 mi-2
£97505/240.06 mi-2
£1,00003/250.06 mi-2
£95001/240.06 mi-2
£95005/240.28 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£97506/240.28 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£1,09505/240.28 mi3 Stillwater Drive, Sportcity , Manchester, M11 4TE2
£92505/240.28 miStillwater Drive,Clayton,Manchester,M11 4TE2
£1,25012/240.3 mi-2
£1,00005/240.3 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,00006/240.3 miStillwater Drive, Stillwater Drive, Manchester, M112
£95005/240.3 mi5 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£97505/240.3 mi5 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£97505/240.3 miStillwater Drive, SportCity, Manchester, M112
£89505/240.3 mi-2
£97506/240.3 mi1 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£95005/240.31 miStillwater Drive, Sports City, Manchester, M112
£1,05006/240.32 miStillwater Drive, Sports City, Macnhester, M112
£1,05006/240.32 miStillwater Drive, 5 Stillwater Drive, Manchester2
£95012/240.32 mi-2
£1,10006/240.33 miThe Drum, Stillwater Drive, M112
£1,30005/240.34 miWesham Road, Manchester, M112
£1,30012/240.34 mi-2
£1,30012/240.34 mi-2
£2,70012/240.34 mi-2
£2,10001/250.34 mi-2
£1,90005/240.36 mi-2
£1,30003/250.36 mi-2
£1,15005/240.36 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,10005/240.36 miThe Waterfront, Openshaw, Manchester, M112
£1,10005/240.36 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,05012/240.37 mi-2
£92503/250.38 mi-2
£1,10012/240.4 mi-2
£1,10005/240.41 miApt 10, 2 Stuart Street, Clayton M11 4DQ2
£1,10003/250.42 mi-2
£1,20001/240.42 mi-2
£1,00005/240.42 miThe Waterfront, Manchester, M112
£1,05005/240.43 miThe Drum, 2 Stuart Street, Sport City2
£1,20012/240.43 mi-2
£97502/250.43 mi-2
£1,02503/250.53 mi-2
£99505/240.54 miAshton New Road, Manchester, M112
£85004/240.56 mi-2
£99505/240.61 miStokes Street, Manchester, M112

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £125,000

November 20, 2024

Sold for £32,000

2003

Floor Plans

Description

  • Extended 2 bedroom home. +
  • Ideal BTL or FTB. +
  • GCH & Double glazed. +
  • Close to local amenities. +
  • Popular location. +

IDEAL FTB -BTL IVESTMENT 2 BEDROOMS WELL PRESENTED CLOSE TO THE ETHIAD CAMPUS- CO-OP ARENA & ETHIAD STADIUM **. Located in the extremely popular residential area of Clayton this extended mid terrace is close to great local amenities including schools, shops and transport links including the Metro link network, which gives great access into and out of MANCHESTER City Centre. The property itself benefits from gas central heating, Double glazed windows, kitchen extension, modern bathroom. Viewings are recommended. The loft space has no building regulations.

Agent Details

Edward Mellor Ltd, Droylsden

0161 524 2800

Next Steps?

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