4 Bed Semi-Detached House, Refurb/BRRR, Manchester, M43 6BP, £200,000

St. Andrews Avenue, Droylsden, M43 6BP - 4 months ago

Under Offer
Refurb/BRRR
ROI: 6%
~87 m²
+6 photos

ValuationOvervalued

Sold Prices£168K - £450K
Sold Prices/m²£1.5K/m² - £4.1K/m²

 

 

Square Metres

~86.80 m²
Price/m²£2.3K/m²

Value Estimate

£183,684

 

 

End Value (After Refurb)

£180,364

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£36,587

Bridging Loan Interest

£5,250

Total Cash In

£106,287

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£180,364

Mortgage (After Refinance)

£135,273

Mortgage LTV

75%

Cash Left In

£106,287

Equity

£45,091

Rent Range

£850 - £3,650

Rent Estimate

£1,349

Running Costs/mo

£853

Cashflow/mo

£496

Cashflow/yr

£5,947

ROI

6%

Gross Yield

8%

Local Sold Prices

47 sold prices from £168K to £450K, average is £258K. £1.5K/m² to £4.1K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£285K03/230.19 mi54, Buxton Lane, Droylsden, Manchester, Greater Manchester M43 6HG4
£231.8K03/210.19 mi27, Buckingham Road, Droylsden, Manchester, Greater Manchester M43 6WF4
£363K12/220.21 mi10, Foxley Close, Droylsden, Manchester, Greater Manchester M43 6HS4
£250K06/230.24 mi68, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6NB4
£265K06/220.25 mi16, Linden Way, Droylsden, Manchester, Greater Manchester M43 6QJ4
£250K09/210.25 mi11, Linden Way, Droylsden, Manchester, Greater Manchester M43 6QJ4
£210K01/230.26 mi67, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6WB4
£188K05/210.4 mi122, Lewis Road, Droylsden, Manchester, Greater Manchester M43 6NP4
£216K12/200.4 mi4, Ashdale Crescent, Droylsden, Manchester, Greater Manchester M43 6PN4
£258K03/230.45 mi47, Lyme Grove, Droylsden, Manchester, Greater Manchester M43 6EY4
£335K06/210.45 mi150, North Road, Manchester, Greater Manchester M11 4LE4
£180K01/230.46 mi3, Elm Grove, Droylsden, Manchester, Greater Manchester M43 6LP4
£210K08/210.54 mi282, Fairfield Road, Droylsden, Manchester, Greater Manchester M43 6AN4
£400K04/230.56 mi30, Ash Tree Avenue, Droylsden, Manchester, Greater Manchester M43 7YR4
£367.5K12/210.56 mi32, Ash Tree Avenue, Droylsden, Manchester, Greater Manchester M43 7YR4
£405K12/200.59 mi215, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7US4
£285K12/200.61 mi1, Hales Close, Droylsden, Manchester, Greater Manchester M43 7QR4
£200K10/220.62 mi17, Capital Road, Manchester, Greater Manchester M11 1JZ4
£250K10/230.62 mi7, Capital Road, Manchester, Greater Manchester M11 1JZ4
£315K09/220.62 mi7, Hales Close, Droylsden, Manchester, Greater Manchester M43 7QR4
£203K03/210.67 mi133, Ogden Lane, Manchester, Greater Manchester M11 2LR4
£235K05/210.68 mi19, Shelley Grove, Droylsden, Manchester, Greater Manchester M43 7YF4
£321.5K09/220.69 mi46, Paprika Close, Manchester, Greater Manchester M11 2LS4
£232K06/210.7 mi12, Varna Street, Manchester, Greater Manchester M11 1WP4
£265K07/230.71 mi2a, Chappell Road, Droylsden, Manchester, Greater Manchester M43 7NA4
£295K01/230.71 mi23, Paprika Close, Manchester, Greater Manchester M11 2LS4
£172K11/220.72 mi50, Rosina Street, Manchester, Greater Manchester M11 1HX4
£330K07/230.72 mi6, Greenheys, Droylsden, Manchester, Greater Manchester M43 7GX4
£275K12/230.73 mi28, Albany Avenue, Manchester, Greater Manchester M11 1HQ4
£285K05/230.76 mi15, Glenville Terrace, Droylsden, Manchester, Greater Manchester M43 7SS4
£215K01/210.77 mi77, Cornwall Street, Manchester, Greater Manchester M11 2EN4
£331K09/230.77 mi3, Cherry Avenue, Manchester, Greater Manchester M11 2LW4
£287K11/210.79 mi35, Gorseyfields, Droylsden, Manchester, Greater Manchester M43 6DZ4
£357.5K06/210.79 mi21, Northway, Droylsden, Manchester, Greater Manchester M43 6EF4
£302K09/210.8 mi8, The Crest, Droylsden, Manchester, Greater Manchester M43 6FL4
£247K11/230.8 mi137, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7GF4
£168K11/200.81 mi1, Kings Walk, Droylsden, Manchester, Greater Manchester M43 6TP4
£313K12/220.82 mi55, Albion Fold, Droylsden, Manchester, Greater Manchester M43 7DF4
£285K11/200.85 mi83, Manchester Road, Audenshaw, Manchester, Greater Manchester M34 5PZ4
£180K04/210.89 mi177, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6FW4
£238K04/210.91 mi2, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7NN4
£355K04/230.95 mi9, Boothdale Drive, Audenshaw, Manchester, Greater Manchester M34 5JU4
£450K11/200.95 mi115, Boothdale Drive, Audenshaw, Manchester, Greater Manchester M34 5JU4
£190K09/230.96 mi36, Bamford Street, Manchester, Greater Manchester M11 4FE4
£180K05/210.97 mi15, Goring Avenue, Manchester, Greater Manchester M18 8WW4
£195.2K01/210.97 mi86, Assheton Road, Manchester, Greater Manchester M40 1WE4
£205K08/231 mi61, Pinnington Road, Manchester, Greater Manchester M18 8NR4

Local Rents

54 rents from £850/mo to £3.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,30012/240 mi-3
£1,30012/240 mi-3
£1,20005/240.09 mi-3
£1,20005/240.09 mi-3
£1,20005/240.09 mi-3
£1,10003/250.13 mi-3
£99510/240.14 mi-3
£3,20003/250.14 mi-3
£1,60008/240.14 mi-3
£1,60008/240.14 mi-3
£1,20006/240.15 mi-3
£1,20005/240.15 miManchester Road, Manchester, M433
£1,28004/250.16 mi-3
£1,20003/240.16 miRainow Avenue, Droylsden, Manchester, M433
£1,20007/240.17 miDawlish Avenue, Droylsden, 3
£1,27508/240.18 mi-3
£1,27508/240.18 mi-3
£85005/240.19 miEdge Lane Droylsden, Manchester, M433
£1,30001/250.22 mi-4
£1,20003/250.23 mi-3
£1,20005/240.25 mi-3
£1,25004/250.26 mi-3
£1,20003/250.26 mi-3
£3,65003/250.27 mi-3
£1,29508/240.32 mi-3
£1,29507/240.32 miPalm Street, Droylsden, Manchester, M433
£1,15011/240.34 mi-3
£1,20006/240.34 miHolmlea Road, Manchester, M433
£1,25003/250.36 mi-3
£1,20004/250.38 mi-3
£1,40008/240.38 miLynn Drive, Droylsden, Manchester, M433
£1,35009/240.38 mi-3
£1,40001/250.4 mi-3
£1,35004/250.4 mi-3
£1,35001/240.4 mi-3
£1,19505/240.41 miAshdale Crescent, Droylsden, Manchester, M433
£1,30006/240.41 mi-3
£1,30006/240.41 miAshdale Crescent, Droylsden, Manchester, M433
£1,15005/240.41 miAshdale Crescent, Manchester, Greater Manchester, M433
£1,40012/240.41 mi-3
£99506/240.42 mi-3
£1,15005/240.43 miFarrar Road, Droylsden, Manchester3
£1,55001/250.43 mi-3
£2,80012/240.43 mi-3
£2,80012/240.43 mi-3
£1,20006/240.43 miAnsdell Drive, Droylsden, Tameside, M433
£1,20011/240.44 mi-3
£1,10005/240.45 miShort Avenue, Droylsden, Manchester, M433
£1,10005/240.45 mi-3
£1,05008/240.46 miElm Grove, Manchester3
£1,32504/250.48 mi-3
£1,60004/250.48 mi-3
£1,20012/240.49 mi-3
£1,20005/240.49 miChatsworth Road, Droylsden, Manchester3

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

3.94 miles away

Nearest school

0.10 miles away

Nearest train station

0.06 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Price changed to £200,000

January 23, 2025

Listed for £210,000

November 26, 2024

Floor Plans

Description

  • EXTENDED FOUR BEDROOMED SEMI +
  • FAMILY SHOWER ROOM +
  • SPACIOUS LOUNGE +
  • POPULAR LOCATION +
  • MUST BE VIEWED +
  • FRONT AND REAR GARDENS +
  • SEMI DETACHED +
  • NO VENDOR CHAIN +
  • DRIVEWAY PARKING +
  • CLOSE TO AMENITIES +

*POPULAR LOCATION* SLEIGH & SON are delighted to welcome this EXTENDED FOUR BEDROOMED SEMI-DETACHED property for sale with NO VENDOR CHAIN! The property is situated in a POPULAR residential area of Droylsden but in need of some modernisation. This MUCH LOVED property has been a HAPPY family home for many years along with having benefits spacious lounge, fitted kitchen, downstairs shower room and front and rear gardens. To the first floor there are four bedrooms making it the ideal new home for many buyers. There are gardens to the front and rear of the property and a driveway. 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:- lounge, kitchen, downstairs shower room. Four bedrooms bathroom to the first floor.
Traditional brick built with tiled roof. There is mains electric, gas, water (unmetered) and sewerage at the property. Council tax band B. FREEHOLD

PORCH: uPVC double glazed windows and doors to the front elevation. Light and power points.

ENTRANCE HALL: uPVC double glazed privacy windows and door to the front elevation. Radiator, light and power points. Doors to the lounge and kitchen.

LOUNGE: uPVC double glazed bay window to the front elevation. Radiator, light and power points.

KITCHEN: uPVC double glazed window to the rear elevation. uPVC double glazed privacy window to the side elevation. Fitted kitchen, with wall and base units with roll edge worktops. Space for cooker, fridge/freezer and washing machine. Part tiled with tiled splashbacks. Plastic sink and drainer with hot and cold taps. Radiator, light and power points.

INTEGRAL HALWAY: uPVC double glazed privacy door to the side elevation. Boiler and light point.

SHOWER ROOM: uPVC double glazed privacy window to the rear elevation. Low level w.c, vanity hand wash basin with mixer tap, fully tiled walls and flooring. Chrome heated towel rail, shower cubicle and spot lights.

STAIRCASE AND LANDING: uPVC double glazed privacy window to the side elevation. Loft hatch and light points.

MASTER BEDROOM: uPVC double glazed bay window to the front elevation. Radiator. light and power points.

BEDROOM TWO: uPVC double glazed window to the rear elevation. Radiator, light and power points.

BEDROOM THREE: uPVC double glazed window to the rear elevation. Radiator, light and power points.

BEDROOM FOUR: uPVC double glazed window to the front elevation. Radiator, light and power points.

EXTERNAL: To the front of the property is a block paved garden and driveway fully enclosed with cast ironed gates. To the rear of the property is a block paved area, lawned area fully enclosed with fence panels and an outside tap.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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