5 Bed Terraced House, Refurb/BRRR, Manchester, M19 3DN, £350,000

35 Portville Road, Manchester, Greater Manchester, M19 3DN - 7 views - 4 months ago

Leasehold
Refurb/BRRR
ROI: 4%
80 m²
+16 photos

ValuationOvervalued

Sold Prices£100K - £902K
Sold Prices/m²£741/m² - £5.6K/m²

 

 

Square Metres

80 m²
Price/m²£4.4K/m²

Value Estimate

£189,975

 

 

End Value (After Refurb)

£239,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£20,300

Refurb Costs

£33,720

Bridging Loan Interest

£9,188

Total Cash In

£152,458

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£239,750

Mortgage (After Refinance)

£179,813

Mortgage LTV

75%

Cash Left In

£152,458

Equity

£59,938

Rent Range

£600 - £6,283

Rent Estimate

£1,677

Running Costs/mo

£1,105

Cashflow/mo

£572

Cashflow/yr

£6,869

ROI

5%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £902K, average is £448.3K. £741/m² to £5.6K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£235K06/210.22 mi8, Ollier Avenue, Manchester, Greater Manchester M12 5SU5
£495K03/210.25 mi3, Rushford Avenue, Manchester, Greater Manchester M19 2HG5
£286K02/210.34 mi37, Albert Road, Manchester, Greater Manchester M19 2FT5
£100K07/210.38 mi13, Beech Range, Manchester, Greater Manchester M19 2EU5
£333K11/230.38 mi18, Beech Range, Manchester, Greater Manchester M19 2EU5
£380K02/230.38 mi16, Beech Range, Manchester, Greater Manchester M19 2EU5
£294.4K06/210.43 mi170, Hamilton Road, Manchester, Greater Manchester M13 0PG5
£750K11/200.44 miThe Grange, Grange Avenue, Levenshulme, Manchester, Greater Manchester M19 2EY5
£295K07/220.57 mi156, Northmoor Road, Manchester, Greater Manchester M12 5RS5
£230K02/210.57 mi370, Slade Lane, Manchester, Greater Manchester M19 2BU5
£460K08/220.57 mi1, Calbourne Crescent, Manchester, Greater Manchester M12 5GX5
£450K03/210.61 mi97, Linden Park, Manchester, Greater Manchester M19 2PG5
£490K05/230.62 mi40, Ranford Road, Manchester, Greater Manchester M19 2GL5
£150K07/210.73 mi14, Hamilton Road, Manchester, Greater Manchester M13 0PB5
£188K03/230.78 mi330, Dickenson Road, Manchester, Greater Manchester M13 0NG5
£290K02/210.85 mi2, Connaught Avenue, Burnage, Manchester, Greater Manchester M19 2NN5
£420K03/210.94 mi2, Omer Drive, Manchester, Greater Manchester M19 2JN5
£335K03/241.05 mi51, Brookhurst Road, Manchester, Greater Manchester M18 7ND5
£425K03/211.06 mi8, Upper Kent Road, Manchester, Greater Manchester M14 5DF5
£419K06/211.07 mi8, Upper Kent Road, Manchester, Greater Manchester M14 5DF5
£697K10/221.12 mi383, Wellington Road North, Stockport, Greater Manchester SK4 5AQ5
£379.9K12/201.18 mi11, Norfolk Avenue, Stockport, Greater Manchester SK4 5AG5
£323K12/201.3 mi7, Buckingham Road, Stockport, Greater Manchester SK4 4QU5
£225K08/231.34 mi17, Runhall Close, Manchester, Greater Manchester M12 5PY5
£400K07/221.34 mi28, Lower Park Road, Manchester, Greater Manchester M14 5QY5
£630K02/231.35 mi21, Ellesmere Road North, Stockport, Greater Manchester SK4 4QQ5
£325K07/231.35 mi35, Hathersage Road, Manchester, Greater Manchester M13 0EJ5
£452.5K12/201.35 mi29, Buckingham Road, Stockport, Greater Manchester SK4 4QY5
£550K09/211.37 mi17, Amherst Road, Manchester, Greater Manchester M14 6UG5
£625K10/221.4 mi2, Amherst Road, Manchester, Greater Manchester M14 6UQ5
£250K08/211.41 mi14, Crescent Range, Manchester, Greater Manchester M14 5RW5
£330K05/211.41 mi10, Crescent Range, Manchester, Greater Manchester M14 5RW5
£635K03/231.41 mi96, Buckingham Road, Stockport, Greater Manchester SK4 4RB5
£665K03/231.41 mi33, Tatton Road North, Stockport, Greater Manchester SK4 4QX5
£592K03/211.43 mi20, Heathfield Avenue, Stockport, Greater Manchester SK4 4QJ5
£486.5K02/211.43 mi18, Heathfield Avenue, Stockport, Greater Manchester SK4 4QJ5
£785K01/211.43 mi2, York Road, Stockport, Greater Manchester SK4 4PQ5
£902K01/231.47 mi34, Peel Moat Road, Stockport, Greater Manchester SK4 4PH5
£810K05/231.48 mi42, Peel Moat Road, Stockport, Greater Manchester SK4 4PH5
£350K12/221.48 mi27, Chervil Close, Manchester, Greater Manchester M14 7DP5
£505K07/231.52 mi26, Christleton Avenue, Stockport, Greater Manchester SK4 5EQ5
£705K02/231.52 mi9, Cedar Grove, Stockport, Greater Manchester SK4 4RN5
£446.5K11/201.52 mi9, Cedar Grove, Stockport, Greater Manchester SK4 4RN5
£460K06/211.54 mi20, Brook Road, Stockport, Greater Manchester SK4 5BZ5
£800K07/231.55 mi2, Brownsville Road, Stockport, Greater Manchester SK4 4PE5
£790K06/211.57 mi17, Singleton Road, Stockport, Greater Manchester SK4 4PW5
£525K12/201.6 mi30, Burlington Road, Manchester, Greater Manchester M20 4QA5
£868.8K06/211.62 mi25, Victoria Grove, Stockport, Greater Manchester SK4 5BU5
£560K11/201.65 mi20, Langford Road, Stockport, Greater Manchester SK4 5BR5
£420K01/231.7 mi46, Whitebrook Road, Manchester, Greater Manchester M14 6EF5

Local Rents

50 rents from £600/mo to £6.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50005/240.06 mi-4
£1,50005/240.06 mi-4
£1,50008/240.06 mi-3
£1,19505/240.13 miBelvoir Avenue, Manchester, Greater Manchester, M193
£1,30006/240.13 miKing Edward Street, Manchester3
£5,00003/250.14 mi-6
£1,40005/240.15 miMontreal Street, M19 3BY3
£1,40002/250.16 mi-3
£1,59505/240.16 miCromwell Grove, Manchester, Greater Manchester, M193
£1,39505/240.16 miWestminster Street, Levenshulme, Manchester3
£2,70003/250.16 mi-3
£1,45012/240.17 mi-3
£1,35005/240.18 miRushmere Avenue, Levenshulme, Manchester, M193
£1,19502/240.19 mi-3
£1,25005/240.2 miLonsdale Road, Manchester, M193
£1,35005/240.22 miStovell Avenue, Manchester, M123
£1,59505/240.25 miHannah Street, Manchester, M124
£1,10012/240.25 mi-3
£1,30005/240.27 miAlbert Road, Manchester, M19 2FP3
£1,49505/240.27 miAlbert Road, Manchester, Greater Manchester, M193
£2,16705/240.28 miWindsor Road, Levenshulme, Manchester, Greater Manchester, M195
£1,51712/240.31 mi-3
£1,50005/240.31 miDelamere Road, Manchester, M193
£1,68005/240.32 miDelamere Road, Manchester, M193
£1,68006/240.32 mi-3
£1,40005/240.32 miAudley Road, Manchester M19 3EG3
£1,40002/240.32 mi-3
£1,25012/240.33 mi-3
£1,25012/240.33 mi-3
£1,25005/240.33 miAlbert Road, Manchester, M193
£1,25006/240.33 miAlbert Road, Manchester, M193
£65003/240.34 miAlbert Road, Levenshulme (student properties)6
£1,50005/240.35 mi-3
£1,25006/240.35 miLangdale Avenue, Levenshulme, Manchester, M193
£60004/250.35 mi-6
£1,05012/240.37 mi-3
£1,25005/240.37 mi-3
£1,35004/250.37 mi-3
£1,25005/240.37 miForest Range, Manchester, M193
£1,60005/240.38 miLytham Road, Fallowfield3
£1,30005/240.38 miGarfield Avenue, Manchester, Greater Manchester, M193
£1,40012/240.39 mi-3
£1,30005/240.39 mi-3
£1,35005/240.39 mi-3
£1,35005/240.39 miAlbert Road, Manchester, M193
£2,30012/240.4 mi-5
£2,25305/240.4 miPreston Road, Levenshulme, M19 2FR4
£1,30012/240.4 mi-3
£6,28305/240.4 miSlade lane, Fallowfield, Manchester, M19 2AE10
£1,50004/250.41 mi-3

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.55 miles away

Nearest school

0.30 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £350,000

February 12, 2025

Listed for £395,000

December 3, 2024

Sold for £163,000

2023

Sold for £20,800

2000

Description

Lancashire Properties are delighted to present this renovated, deceptively spacious five bedroom, two bathroom property located in Central Levenshulme. Excellent as a family home or for investment purposes due to it's close proximity to local amenities and excellent transport network.

Grandeur Redefined: Step into a world of opulence with this magnificent five-bedroom property. Impeccable design and attention to detail make this residence a showcase of sophistication and style.

Coveted Location: Nestled in a prime area, Portville Road offers a perfect blend of tranquility and convenience. Enjoy easy access to schools, parks, shopping, and excellent transport links, ensuring every necessity is at your fingertips.

Spacious and Versatile: With five bedrooms, this home caters to a variety of lifestyles. Whether you need space for a growing family, a home office, or a guest suite, the flexible layout allows you to customize each room to suit your unique needs.

Gourmet Kitchen Haven: The heart of this home is the chef's kitchen, equipped with top-of-the-line appliances, sleek countertops, and ample storage. Unleash your culinary creativity in an environment designed for both functionality and beauty.

Serene Bedrooms: Each of the five bedrooms is a sanctuary of tranquility. Enjoy the luxury of space, natural light, and well-appointed features that make these rooms a true retreat.

Sumptuous Bathrooms: Indulge in spa-like bathrooms featuring modern fixtures and chic design. Pamper yourself in an oasis of relaxation and sophistication.

Move-In Ready: This property is ready for you to call it home. No need to worry about renovations - start living the life of luxury from day one.

Secure Your Dream Home: Seize the opportunity to make Portville Road your own. Contact us now to arrange a viewing and experience the epitome of elegant living in M19!

Tenure: Leasehold
Term: 999 years from 1903
Ground rent: TBC

Notice:
The above property details should be considered as a general guide only for prospective purchasers. Lancashire Properties does not have any authority to give any warranty in relation to the property.
We would like to bring to the attention of any purchaser that we have endeavoured to provide a realistic description of the property, no specific survey or detailed inspection has been carried out relating to the property, services, appliances and any further fixtures and fittings/equipment.
If double glazing has been stated in the details , the purchaser is advised to satisfy themselves as to the type and amount of double glazing fitted to the property.
We recommend all buyers to carry out their own survey/investigations relating to the purchase of any of our properties.
The mention of any appliances and/or services within these sales particulars does not imply they are in full and efficient working order.
While we endeavour to make our property details accurate and reliable, if there is any point, which is of particular interest to you, please contact the office and we will be pleased to check the information.
All dimensions are maximum unless otherwise stated. Dimensions should not be used for furniture, flooring, or ordering any other personal fittings.

Council Tax Band: A (Manchester City Council)
Tenure: Leasehold (999 years)

Agent Details

Lancashire Properties, Manchester

0161 524 2345

Next Steps?

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