3 Bed Semi-Detached House, Planning Permission, Manchester, M34 2WA, £250,000

406 Manchester Road, Manchester, Greater Manchester, M34 2WA - 4 views - 5 months ago

Planning
ROI: 5%
81 m²
+12 photos

ValuationOvervalued

Sold Prices£117K - £340K
Sold Prices/m²£1.3K/m² - £3.9K/m²

 

 

Square Metres

81 m²
Price/m²£3.1K/m²

Value Estimate

£211,963

 

 

End Value (After Refurb)

£244,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£9,500

Refurb Costs

£34,142

Bridging Loan Interest

£6,563

Total Cash In

£114,454

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£244,000

Mortgage (After Refinance)

£183,000

Mortgage LTV

75%

Cash Left In

£114,454

Equity

£61,000

Rent Range

£1,100 - £3,300

Rent Estimate

£1,591

Running Costs/mo

£1,101

Cashflow/mo

£490

Cashflow/yr

£5,884

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £117K to £340K, average is £240K. £1.3K/m² to £3.9K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£205.5K12/200.08 mi45, Balmoral Drive, Denton, Manchester, Greater Manchester M34 2JT3
£215K05/240.09 mi24, Oak Drive, Denton, Manchester, Greater Manchester M34 2JS3
£185K11/210.09 mi50, Oak Drive, Denton, Manchester, Greater Manchester M34 2JS3
£230K04/230.09 mi33, Kingsdale Road, Manchester, Greater Manchester M18 7WB3
£320K06/230.09 mi29, Oak Drive, Denton, Manchester, Greater Manchester M34 2JR3
£240K07/240.09 mi45, Oak Drive, Denton, Manchester, Greater Manchester M34 2JR3
£267.8K01/230.1 mi55, Balmoral Drive, Denton, Manchester, Greater Manchester M34 2JT3
£240K08/210.12 mi48, Balmoral Drive, Denton, Manchester, Greater Manchester M34 2JU3
£237.5K07/230.12 miFern Cottage, Earl Street, Denton, Manchester, Greater Manchester M34 2PJ3
£255K07/230.13 mi3, Farley Avenue, Manchester, Greater Manchester M18 7WA3
£273.8K01/230.13 mi11, Farley Avenue, Manchester, Greater Manchester M18 7WA3
£262K07/230.13 mi6, Farley Avenue, Manchester, Greater Manchester M18 7WA3
£210K11/210.13 mi35, Clumber Road, Manchester, Greater Manchester M18 7LZ3
£260K07/240.14 mi10, Elford Grove, Manchester, Greater Manchester M18 7NB3
£265K02/230.15 mi16, Elford Grove, Manchester, Greater Manchester M18 7NB3
£258K11/210.16 mi12, Windsor Road, Denton, Manchester, Greater Manchester M34 2HD3
£276K06/230.16 mi20, Windsor Road, Denton, Manchester, Greater Manchester M34 2HD3
£175K11/200.16 mi17, Dorlan Avenue, Manchester, Greater Manchester M18 7NA3
£235K06/230.16 mi533, Manchester Road, Denton, Manchester, Greater Manchester M34 2PF3
£193.5K12/200.16 mi539, Manchester Road, Denton, Manchester, Greater Manchester M34 2PF3
£215K02/210.16 mi563, Manchester Road, Denton, Manchester, Greater Manchester M34 2PF3
£217.5K06/240.17 mi142, Laburnum Road, Denton, Manchester, Greater Manchester M34 2WB3
£280K11/230.19 mi45, Norfolk Avenue, Denton, Manchester, Greater Manchester M34 2WL3
£233K12/200.2 mi46, Norfolk Avenue, Denton, Manchester, Greater Manchester M34 2NL3
£280K12/200.21 mi5, Orwell Avenue, Denton, Manchester, Greater Manchester M34 2LR3
£220K12/200.21 mi107, Laburnum Road, Denton, Manchester, Greater Manchester M34 2NB3
£244K02/240.21 mi111, Laburnum Road, Denton, Manchester, Greater Manchester M34 2NB3
£270K06/230.21 mi10, Cromer Avenue, Denton, Manchester, Greater Manchester M34 2JG3
£340K08/240.21 mi5, Cromer Avenue, Denton, Manchester, Greater Manchester M34 2JG3
£245K02/230.21 mi9, Clumber Road, Manchester, Greater Manchester M18 7LX3
£255K05/240.21 mi10, Clumber Road, Manchester, Greater Manchester M18 7LX3
£236K04/210.22 mi1087, Hyde Road, Manchester, Greater Manchester M18 7LN3
£275K08/230.22 mi5, Royston Avenue, Denton, Manchester, Greater Manchester M34 2LX3
£268.5K08/240.23 mi1, Linton Avenue, Denton, Manchester, Greater Manchester M34 2JQ3
£210K10/210.24 mi21, Claremont Range, Manchester, Greater Manchester M18 7LT3
£238K09/210.26 mi63, Granada Road, Denton, Manchester, Greater Manchester M34 2JZ3
£230K07/230.26 mi32, Ashwood Avenue, Denton, Manchester, Greater Manchester M34 2PB3
£310K04/240.26 mi18, Ashwood Avenue, Denton, Manchester, Greater Manchester M34 2PB3
£275K06/210.27 mi90, Granada Road, Denton, Manchester, Greater Manchester M34 2LA3
£212.5K03/210.27 mi28, Carlton Range, Manchester, Greater Manchester M18 7LS3
£240K11/210.27 mi7, Hulme Road, Denton, Manchester, Greater Manchester M34 2NX3
£117K11/200.27 mi51, Ashwood Avenue, Denton, Manchester, Greater Manchester M34 2PA3
£237.4K04/240.27 mi17, Ashwood Avenue, Denton, Manchester, Greater Manchester M34 2PA3
£229K01/210.27 mi29, Ashwood Avenue, Denton, Manchester, Greater Manchester M34 2PA3
£183K03/210.28 mi3, Melton Avenue, Denton, Manchester, Greater Manchester M34 2LB3
£164K01/210.29 mi13, Highfield Range, Manchester, Greater Manchester M18 7LR3
£250K09/210.29 mi58, Windsor Road, Denton, Manchester, Greater Manchester M34 2HE3
£210.5K09/210.29 mi86, Windsor Road, Denton, Manchester, Greater Manchester M34 2HE3
£292.5K12/220.29 mi36, Shirley Avenue, Denton, Manchester, Greater Manchester M34 2LN3
£280K03/240.3 mi32, Hulme Road, Denton, Manchester, Greater Manchester M34 2WZ3

Local Rents

24 rents from £1.1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.18 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.18 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.18 miDorlan Avenue, Gorton, Manchester, M183
£1,25005/240.21 miOrwell Avenue, Dane Bank, M343
£1,20012/240.21 miRoyston Avenue, Denton, Manchester, Greater Manchester, M343
£1,55012/230.22 mi-3
£1,35012/240.27 mi-3
£1,20002/250.29 mi-3
£3,30012/240.37 mi-3
£3,30002/250.37 mi-3
£3,30002/250.37 mi-3
£2,60002/250.37 mi-3
£1,19505/240.38 miMayfield Grove, Manchester, M183
£1,35004/240.39 mi-3
£1,35005/240.39 miWindsor Road, Denton, Manchester, M343
£1,20009/240.44 miThornley Lane North, Stockport3
£1,50002/240.44 mi-3
£1,29505/240.46 mi-3
£1,25004/250.5 mi-3
£1,27509/240.52 mi-3
£1,30012/240.53 mi-3
£1,10009/240.59 mi-3
£1,35012/240.6 mi-3
£1,20005/240.61 miWoodland Avenue, Gorton, Manchester, M18 7HF3

Local Area Statistics

Population in M34

46,114

Population in Manchester

920,095

Town centre distance

4.18 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Price changed to £250,000

February 28, 2025

Listed for £260,000

December 2, 2024

Sold for £183,000

2021

Floor Plans

Description

Nestled on the desirable Manchester Road in Denton, this charming three-bedroom semi-detached property offers an ideal home for families seeking both comfort and convenience. Boasting generous living spaces and excellent potential, this property is perfectly situated close to local amenities, schools, and transport links.

Internal Features:
Property is heated throughout with a combination of gas central heating and electric radiators. The three bedrooms have electric raditors and downstairs is heated with gas central heating plus small radiator in the airing cupboard and heating towel rail in bathroom.

Entrance Hall: Welcoming and bright, the entrance hall sets the tone for the home, providing access to the ground-floor living areas.

Family Lounge: A spacious and inviting lounge overlooking the front of the property, perfect for relaxing or entertaining guests.

Dining Room: Positioned to the rear, the dining room offers ample space for family meals and gatherings, with views of the rear garden.

Kitchen: A functional kitchen with direct access to the garage, offering convenience and potential for modernization to suit your needs.

Garage Access: Internal access to the attached garage provides additional storage or potential for conversion, subject to necessary planning permissions.

First Floor:

Three Bedrooms: Two generously sized double bedrooms and a comfortable single bedroom, all well-proportioned and filled with natural light.

Bathroom: Featuring a bath and hand basin, the bathroom serves the family needs conveniently.

Separate WC: A separate toilet adds practicality for busy households.

External Features:

Front Garden and Parking: The property benefits from a neat front garden, off-road parking, and access to the attached garage, ensuring ample space for multiple vehicles.

Rear Garden: A generously sized enclosed garden, primarily laid to lawn, offers a tranquil outdoor space for relaxation or play. The garden also features a greenhouse, perfect for gardening enthusiasts.

This property presents a wonderful opportunity for buyers looking to create their ideal family home. With spacious rooms, practical features, and a sought-after location, it’s ready to welcome its next chapter. Arrange a viewing today to fully appreciate the potential of this fantastic home!

Agent Details

Bridgfords, Denton

0161 524 6893

Next Steps?

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