2 Bed Flat, Single Let, Manchester, M22 9AN, £140,000

Actonville Avenue, Manchester, M22 9AN - 3 views - 5 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£86.5K - £185K
Sold Prices/m²£1.5K/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£145,320
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£900 - £2,100

Rent Estimate

£950

Running Costs/mo

£648

Cashflow/mo

£303

Cashflow/yr

£3,630

ROI

9%

Gross Yield

8%

Local Sold Prices

24 sold prices from £86.5K to £185K, average is £136.3K. £1.5K/m² to £2.7K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£110K05/230.4 mi18, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£131K11/200.4 mi16, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£137.5K05/230.4 mi20, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£135K09/230.47 mi48, Studland Road, Manchester, Greater Manchester M22 5AN2
£97K05/230.51 mi41, Calve Croft Road, Manchester, Greater Manchester M22 5FY2
£158K08/230.57 mi2, Knowe Avenue, Manchester, Greater Manchester M22 0FG2
£86.5K12/200.66 mi53, Longhope Road, Manchester, Greater Manchester M22 1UP2
£118K11/220.66 mi21, Longhope Road, Manchester, Greater Manchester M22 1UP2
£120K10/210.67 mi32, Beamsley Drive, Manchester, Greater Manchester M22 1TZ2
£185K03/240.67 mi11, Brayford Road, Manchester, Greater Manchester M22 0NS2
£150K02/230.68 mi4, Fenside Road, Manchester, Greater Manchester M22 4WZ2
£110K09/230.69 mi104, Cotefield Road, Manchester, Greater Manchester M22 1UG2
£150K11/230.74 mi13, Flaxwood Walk, Manchester, Greater Manchester M22 9RW2
£160K12/220.74 mi52, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£170K10/220.74 mi42, Starling Close, Manchester, Greater Manchester M22 4XS2
£139.9K10/210.74 mi102, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£165K07/230.74 mi80, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£166.5K04/230.74 mi46, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£165K02/230.89 mi25, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£130K11/200.89 mi21, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£130K05/210.89 mi31, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£125K08/210.97 mi1, Ravenscar Crescent, Manchester, Greater Manchester M22 0HZ2
£116K03/210.97 mi87, Cornishway, Manchester, Greater Manchester M22 1PA2
£146K12/220.98 mi2, Bude Walk, Manchester, Greater Manchester M23 1PG2

Local Rents

15 rents from £900/mo to £2.1K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95006/240 miActonville Avenue, Wythenshawe2
£1,35004/250.01 mi-2
£90004/250.02 mi-2
£95005/240.06 miFlat 16 2, Actonville Avenue, Manchester, M222
£1,00006/240.07 miSandycroft Avenue, Manchester, M222
£95005/240.07 miSandycroft Avenue, Wythenshawe2
£1,10002/250.09 mi-2
£97502/250.39 mi-2
£99505/240.4 miArdmore Walk, Peel Estate, Manchester2
£95005/240.42 miArdmore Walk, Manchester, M222
£1,00012/240.47 mi-2
£1,10005/240.48 miSummerfield Road, Wythenshawe, Manchester, M222
£1,20005/240.49 miHaslington Drive; Wythenshawe; M222
£1,15005/240.53 miStancliffe Road, Manchester, Greater Manchester, M222
£2,10005/240.61 mi-2

Local Area Statistics

Population in M22

42,201

Population in Manchester

920,095

Town centre distance

5.03 miles away

Nearest school

0.30 miles away

Nearest train station

0.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+52%

Property History

Listed for £140,000

November 28, 2024

Floor Plans

Description

  • Loft Storage +
  • No Onward Chain +
  • Two Double Bedrooms +
  • Ideal For Commuter Routes +
  • Short Walk To The Metro +
  • Generous Living Space +
  • Modern Kitchen +
  • Beautifully Presented +
  • Lifts Too All Floors +

What a delight to offer for sale this generous top floor, two double bedroom apartment with an attractive Juliette balcony offering lots of natural light and views, lifts to all floors and secure parking. This apartment is very well proportioned, has additional loft storage, with generous living space and a separate kitchen, which is ideally located a short walk from the Metro, the excellent commuter routes and the motorway networks, as well as being a short walk from the centre with is quirky selection of shopping, bars and restaurants, as well as being ideally located for Manchester Airport and Wythenshawe Hospital.

In brief the property comprises communal entrance hall, stairs and elevator to all floors, entrance hall, generous open plan living/ dining room, kitchen, two double bedrooms one with fitted bedroom furniture and a modern bathroom. Externally the property has an allocated secured parking space, the property is surrounded by communal gardens. FIRST TO SEE WILL BUY!!    EPC band: D Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, North West & Midlands

01525 659945

Next Steps?

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