2 Bed Terraced House, Single Let, Manchester, M18 8ST, £170,000

Burstead Street, Abbey Hey, M18 8ST - 2 views - 5 months ago

BTL
ROI: 3%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£69K - £222K
Sold Prices/m²£1.1K/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£109,293

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£825 - £1,350

Rent Estimate

£855

Running Costs/mo

£722

Cashflow/mo

£133

Cashflow/yr

£1,593

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £69K to £222K, average is £125K. £1.1K/m² to £4.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£140K02/240.03 mi47, Courier Street, Manchester, Greater Manchester M18 8SY2
£129K06/230.07 mi43, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£105K02/240.07 mi29, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£138K05/240.09 mi46, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£112K12/210.09 mi20, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£115K01/230.1 mi19, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£141K07/230.1 mi8, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£125K07/210.1 mi36, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£130K03/240.1 mi13, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£100K11/200.12 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£100K11/200.12 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£155K02/230.13 mi3, Kenyon Street, Manchester, Greater Manchester M18 8SH2
£138K07/220.14 mi7, Franklyn Road, Manchester, Greater Manchester M18 8QX2
£110K12/200.14 mi105, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TJ2
£105K01/210.15 mi28, Vine Street, Manchester, Greater Manchester M11 1LJ2
£144K04/210.16 mi46, Delamere Street, Manchester, Greater Manchester M11 1JY2
£110.5K06/210.16 mi70, Ackroyd Street, Manchester, Greater Manchester M11 1WT2
£102.5K11/200.17 mi52, Madison Street, Manchester, Greater Manchester M18 8SD2
£145K12/230.17 mi41, Corrigan Street, Manchester, Greater Manchester M18 8QS2
£160.2K06/230.18 mi4, Ernocroft Grove, Manchester, Greater Manchester M18 8GB2
£115K12/200.2 mi24, Sandown Street, Manchester, Greater Manchester M18 8SA2
£108K10/200.21 mi328, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£95K04/210.21 mi290, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£110K01/210.23 mi213, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TN2
£160K05/230.23 mi201, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8GA2
£135K03/230.23 mi297, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RH2
£108K04/210.24 mi208, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8QN2
£135K03/230.25 mi18, Gidlow Street, Manchester, Greater Manchester M18 8GE2
£90K12/230.26 mi12, Bread Street, Manchester, Greater Manchester M18 8QF2
£161K11/220.26 mi20, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£125K05/210.26 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£125K05/210.26 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£150K10/220.26 mi53, Harrop Street, Manchester, Greater Manchester M18 8RN2
£155K01/240.29 mi89, Lees Street, Openshaw, Manchester, Greater Manchester M11 1NW2
£222K02/230.29 mi15, Brinklow Close, Manchester, Greater Manchester M11 1NH2
£174K12/220.3 mi19, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA2
£80K06/240.31 mi34, Longford Street, Manchester, Greater Manchester M18 8GQ2
£69K12/200.31 mi70, Longford Street, Manchester, Greater Manchester M18 8GQ2
£89K11/200.38 mi4, Burman Street, Manchester, Greater Manchester M11 1EY2
£130K12/200.39 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£130K12/200.39 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£90K12/230.4 mi12, Hollybush Street, Manchester, Greater Manchester M18 8PS2
£145K07/230.4 mi47, Carberry Road, Manchester, Greater Manchester M18 8PR2
£132.1K01/230.44 mi54, Wheler Street, Manchester, Greater Manchester M11 1DF2
£118.5K10/220.46 mi77, Wheler Street, Manchester, Greater Manchester M11 1DT2
£146K09/210.48 mi1, Plantation Street, Manchester, Greater Manchester M18 8PH2
£106K02/210.48 mi10, Plantation Street, Manchester, Greater Manchester M18 8PH2
£137K06/210.49 mi63, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP2
£118K12/200.49 mi35, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP2
£112K01/210.49 mi47, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP2

Local Rents

49 rents from £825/mo to £1.4K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£90012/240.03 mi-2
£95005/240.06 mi-2
£95005/240.06 miMontana Square, Manchester, M112
£90002/240.1 mi-2
£90002/240.1 mi-2
£1,15005/240.1 miGrapevine Avenue, Manchester, Greater Manchester, M182
£87012/240.12 mi-2
£87012/240.12 mi-2
£90012/240.13 mi-2
£1,08304/250.13 mi-2
£1,00005/240.13 mi-2
£95005/240.13 miJetson Street, Manchester2
£1,35005/240.15 mi-2
£97512/240.17 mi-2
£89505/240.17 miMadison Street, Abbey Hey, Manchester, Greater Manchester, M182
£1,20004/250.18 mi-2
£95005/240.18 mi-2
£95006/240.18 mi-2
£95012/240.18 mi-2
£1,29912/240.19 mi-2
£1,00005/240.21 miCampbell House, Ashton Road, Openshaw2
£1,02505/240.21 miCampbell House, Ashton Road, Openshaw2
£1,00005/240.25 miAshton Old Road, Manchester, Greater Manchester, M112
£1,10012/240.26 mi-2
£1,20003/250.26 mi-2
£87512/240.28 mi-2
£82505/240.28 mi4 Maybury Street, Manchester, Greater Manchester, M18 8GP2
£85005/240.28 mi-2
£95005/240.3 miLongford Street, Manchester, M182
£1,25012/240.32 mi-2
£1,05012/240.36 mi-2
£90005/240.41 miHawthorn Street, Gorton, MANCHESTER, M182
£92510/240.47 mi-2
£1,20005/240.49 mi-2
£99501/250.5 mi-2
£1,20012/240.51 mi-2
£97506/240.52 miOld Lane, Manchester, M112
£1,20004/250.53 mi-2
£1,05003/250.54 mi-2
£1,05003/250.54 mi-2
£95006/240.55 miAcheson Street, Manchester2
£99506/240.57 miRockhampton Street, Manchester, M182
£1,00005/240.57 miAshkirk Street, Manchester2
£1,10012/240.58 mi-2
£1,30012/240.58 mi-2
£90005/240.58 miRockhampton Street, Gorton, Manchester, M182
£1,30004/240.6 mi-2
£1,20003/250.61 mi-2
£95006/240.62 miJessop Street, Manchester, Greater Manchester, M182

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.83 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £170,000

November 25, 2024

Sold for £32,000

1995

Floor Plans

Description

  • EXTENDED TWO BEDROOMED MID TERRACED +
  • TWO RECEPTION ROOMS +
  • MUST BE VIEWED +
  • POPULAR LOCATION +
  • FAMILY BATHROOM +
  • CLOSE TO AMENITIES +
  • FITTED KITCHEN +
  • READY TO MOVE IN TO +
  • STREET PARKING +
  • GAS CENTRAL HEATED +

*POPULAR LOCATION* SLEIGH & SON are delighted to welcome this TWO DOUBLE BEDROOMED EXTENDED END TERRACED property. The property is situated in a POPULAR residential area of ABBEY HEY. This MUCH LOVED property has been a HAPPY family home for many years along with having benefits of two spacious reception rooms, fitted kitchen with a walled front garden and enclosed rear yard. To the first floor there are two spacious bedrooms and a family sized bathroom making it the ideal new home for many buyers. The property is located close to schools, amenities, transport links into Manchester City Centre, parks, playing fields and a short distance drive to the M60 motorway. Gas central heating is installed throughout and there is double glazing throughout. Briefly the accommodation comprises:- two reception rooms and kitchen to the ground floor. Two double bedrooms and a bathroom to the first floor. Traditional brick with tiled roof. Street parking only.
Mains electric, gas, water (unmetered) and sewerage. Council tax band A. FREEHOLD

ENTRANCE HALL: uPVC double glazed door to the front elevation. Vestibule and Light point. Wooden door leading into the lounge.

LOUNGE: 4.06m x 4.01m (13'4" x 13'2"), uPVC double glazed window partial bay window to the front elevation. Gas fire, radiator, light and power points. Door to stairs and second reception room.

SECOND RECEPTION ROOM: 3.97m x 3.71m (13'0" x 12'2"), uPVC double glazed window to the rear elevation. Electric stand-alone fire, Radiator, under stairs storage cupboard, light and power points. Door into the kitchen.

KITCHEN: 3.59m x 2.30m (11'9" x 7'7"), uPVC double glazed window to the side elevation. Fitted kitchen, with wall and base units with roll edge worktops. Built in electric oven with gas hob, extractor hood, space for fridge/freezer, washing machine and dish washer. Part tiled with tiled splashbacks. Stainless steel sink and drainer with mixer tap. Radiator, light and power points. uPVC double glazed door to the side elevation into the backyard.

STAIRCASE AND LANDING: Light and power points. Doors to master bedroom, bedroom two and bathroom.

MASTER BEDROOM: 4.01m x 3.40m (13'2" x 11'2"), uPVC double glazed window to the front elevation. Storage cupboard, radiator, light and power points.

BEDROOM TWO: 3.72m x 2.71m (12'2" x 8'11"), uPVC double glazed window to the rear elevation. Radiator, light and power points.

BATHROOM: 2.66m x 1.86m (8'9" x 6'1"), uPVC double glazed privacy glass window to the rear elevation. Low level w.c, hand wash basin with hot and cold taps. bathtub with overhead shower. Chrome heated hand towel rail and light point.

EXTERNAL: To the front of the property is a walled enclosed front garden with wrought iron gate. To the rear of the property is and enclosed walled concrete yard with a gate leading to a communal ginnel area.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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