2 Bed Semi-Detached House, Single Let, Manchester, M18 7TY, £190,000

Toft Road, Gorton, M18 7TY - 4 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£70K - £243K
Sold Prices/m²£867/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£143,890

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£900 - £2,201

Rent Estimate

£900

Running Costs/mo

£794

Cashflow/mo

£106

Cashflow/yr

£1,275

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £243K, average is £133.8K. £867/m² to £3.4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£100K11/220.05 mi10, Bakewell Street, Manchester, Greater Manchester M18 7AT2
£89K08/210.05 mi8, Bakewell Street, Manchester, Greater Manchester M18 7AT2
£138K10/220.06 mi8, Radnor Street, Gorton, Manchester, Greater Manchester M18 7AP2
£105K02/210.07 mi16, Knutsford Road, Manchester, Greater Manchester M18 7AL2
£130K12/230.09 mi4, Beckett Street, Manchester, Greater Manchester M18 7AW2
£133.5K02/240.09 mi5, Beckett Street, Manchester, Greater Manchester M18 7AW2
£80K12/220.1 mi39, Beckett Street, Manchester, Greater Manchester M18 7AS2
£130K06/230.1 mi47, Bakewell Street, Manchester, Greater Manchester M18 7AQ2
£138K11/210.1 mi2, Bragenham Street, Manchester, Greater Manchester M18 7AN2
£130K03/230.1 mi11, Bragenham Street, Manchester, Greater Manchester M18 7AN2
£147K04/210.11 mi21, Parkdale Avenue, Manchester, Greater Manchester M18 7AG2
£105K11/200.12 mi49, Agnew Road, Manchester, Greater Manchester M18 7AR2
£150K09/210.16 mi31, Haworth Road, Manchester, Greater Manchester M18 7EN2
£118K07/230.16 mi24, Sunny Brow Road, Manchester, Greater Manchester M18 7AE2
£110K12/210.16 mi17, Windsor Street, Gorton, Manchester, Greater Manchester M18 7BU2
£100K07/210.17 mi122, Buckley Road, Manchester, Greater Manchester M18 7GJ2
£126K02/210.17 mi108, Buckley Road, Manchester, Greater Manchester M18 7GJ2
£97K11/200.18 mi137, Heathcote Road, Manchester, Greater Manchester M18 7QL2
£114K07/210.19 mi148, Heathcote Road, Manchester, Greater Manchester M18 7GL2
£130K08/230.19 mi132, Heathcote Road, Manchester, Greater Manchester M18 7GL2
£95K10/200.2 mi119, Craig Road, Manchester, Greater Manchester M18 7QW2
£144K09/230.21 mi21, Beard Road, Manchester, Greater Manchester M18 7GU2
£152K03/230.21 mi146, Craig Road, Gorton, Manchester, Greater Manchester M18 7GN2
£134K08/240.22 mi133, Thomson Road, Manchester, Greater Manchester M18 7GW2
£186.5K07/210.25 miGorton Hall Lodge, Milton Mount, Manchester, Greater Manchester M18 7EJ2
£186.5K07/210.25 miGorton Hall Lodge, Milton Mount, Manchester, Greater Manchester M18 7EJ2
£123K03/210.25 mi13, Milkwood Grove, Manchester, Greater Manchester M18 7FQ2
£70K10/230.29 mi20, Kirkman Close, Manchester, Greater Manchester M18 7EA2
£126K07/210.3 mi33, Middlewich Walk, Manchester, Greater Manchester M18 8JL2
£133K11/200.31 mi30, Garlick Street, Manchester, Greater Manchester M18 8UB2
£133K11/200.31 mi30, Garlick Street, Manchester, Greater Manchester M18 8UB2
£137.5K02/210.31 mi48, Far Lane, Manchester, Greater Manchester M18 7FF2
£210K02/240.31 mi56, Far Lane, Manchester, Greater Manchester M18 7FF2
£132K06/240.33 mi5, Roxburgh Street, Manchester, Greater Manchester M18 8WX2
£118K05/210.35 mi11, Jessop Street, Manchester, Greater Manchester M18 8TZ2
£157.5K11/220.37 mi34, Sheerness Street, Manchester, Greater Manchester M18 8TY2
£165K08/240.37 mi9, Pipewell Avenue, Manchester, Greater Manchester M18 8ZA2
£145K12/200.41 mi11, Pinetree Street, Manchester, Greater Manchester M18 8DH2
£195K01/230.41 mi14, Pinetree Street, Manchester, Greater Manchester M18 8DH2
£130K08/230.42 mi26, Acheson Street, Manchester, Greater Manchester M18 8LQ2
£139.9K10/230.42 mi12, Acheson Street, Manchester, Greater Manchester M18 8LQ2
£136.8K04/210.42 mi32, Buttress Street, Manchester, Greater Manchester M18 8EG2
£243K11/220.42 mi36, Far Lane, Manchester, Greater Manchester M18 7FF2
£145.5K01/240.42 mi26, Furnival Road, Manchester, Greater Manchester M18 8DQ2
£137.5K02/230.43 mi32, Acheson Street, Manchester, Greater Manchester M18 8LQ2
£190K01/240.43 mi27, Thornholme Close, Manchester, Greater Manchester M18 7RL2
£144K01/210.43 mi1, Thornholme Close, Manchester, Greater Manchester M18 7RL2
£180K01/230.44 mi19, Fellbrigg Close, Manchester, Greater Manchester M18 7QU2
£135K03/210.44 mi39, Fellbrigg Close, Manchester, Greater Manchester M18 7QU2
£149K06/240.44 mi48, Hobart Street, Manchester, Greater Manchester M18 8UG2

Local Rents

45 rents from £900/mo to £2.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£90005/240.13 mi-2
£95005/240.13 miBuckley Road, Gorton2
£95005/240.13 miBuckley Road, Gorton2
£95001/250.14 mi-2
£95005/240.15 mi-2
£1,00003/250.15 mi-2
£1,25012/240.16 mi-2
£1,05005/240.18 miBeard Road, Manchester, M182
£1,10005/240.19 mi-2
£2,20103/250.2 mi-2
£1,15005/240.21 mi-2
£99003/250.28 mi-2
£1,08002/250.35 mi-2
£95006/240.36 miJessop Street, Manchester, Greater Manchester, M182
£1,00005/240.37 mi-2
£1,00005/240.37 mi-2
£1,05003/250.37 mi-2
£1,50005/240.37 miFairground Road, Manchester, Greater Manchester, M182
£1,50005/240.37 miFairground Road, Belle Vue, Manchester, M182
£1,05005/240.39 miKirk Street, Gorton, Manchester, M182
£1,05006/240.39 miKirk Street, Gorton, Manchester, M182
£1,00005/240.4 miAshkirk Street, Manchester2
£1,05001/250.4 mi-2
£1,40005/240.41 miKurkmanshulme Lane, Belle Vue, Manchester, M182
£92505/240.41 miHyde Road, Manchester, M12 5PS2
£97512/240.41 mi-2
£95006/240.42 miAcheson Street, Manchester2
£90005/240.43 miRockhampton Street, Gorton, Manchester, M182
£1,17005/240.43 mi-2
£1,25003/250.43 mi-2
£1,10012/240.44 mi-2
£1,30012/240.44 mi-2
£99506/240.45 miRockhampton Street, Manchester, M182
£1,20012/240.46 mi-2
£99501/250.49 mi-2
£1,20003/250.51 mi-2
£95012/240.54 mi-2
£95012/240.55 mi-2
£1,40005/240.56 miTotland Close, Manchester, M122
£1,40005/240.56 mi-2
£90005/240.56 miHawthorn Street, Gorton, MANCHESTER, M182
£1,10003/250.6 mi-2
£1,05003/250.6 mi-2
£1,05012/240.6 mi-2
£1,25005/240.61 miHoskins Close, Manchester, M122

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £190,000

December 2, 2024

Floor Plans

Description

  • Spacious two-bedroom family home with excellent potential for personalization +
  • Bright living room with tall windows and convenient understairs storage +
  • Generous kitchen with ample wall and base units and space for freestanding white goods +
  • Two well-proportioned double bedrooms offering versatility and customization options +
  • Three-piece bathroom featuring a bath with shower over, WC, and hand wash basin +
  • Large rear garden with a tidy natural lawn and off-road parking on the driveway +

This generously sized two-bedroom home is set on an impressive plot, featuring an extensive rear garden and off-road parking to the front. With a blank canvas for customization, this property is an ideal opportunity to create your dream living space tailored to your preferences and lifestyle.

The ground floor features a bright living room with two tall front-facing windows that allow natural light to flood the space, as well as a convenient understairs storage area. Adjacent is a spacious kitchen offering ample wall and base units, generous work surfaces, and space for freestanding white goods, providing a practical foundation for modern upgrades.

On the first floor, two well-proportioned double bedrooms offer flexibility and ample space to accommodate your personal design ideas. A three-piece family bathroom services these rooms, including a WC, hand wash basin, and a bath with an overhead shower.

Externally, the property boasts off-road parking on the driveway at the front, while the rear garden impresses with its large, well-maintained lawn, offering endless possibilities for landscaping or outdoor activities.

This property is perfect for first-time buyers, small families, or anyone looking to put their personal stamp on a home in a desirable location.

Agent Details

Philip James Kennedy, Heaton Moor

0161 524 3546

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪