2 Bed Terraced House, Single Let, Manchester, M12 5GE, £179,950

12 Giles Street, Manchester, Greater Manchester, M12 5GE - 5 views - 4 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£85K - £210K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£154,317

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£6,599

Total Cash In

£51,586

 

 

Cash Out

 

Rent Range

£700 - £2,201

Rent Estimate

£947

Running Costs/mo

£772

Cashflow/mo

£175

Cashflow/yr

£2,103

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £210K, average is £145K. £1.2K/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£150K02/240.01 mi2, Giles Street, Manchester, Greater Manchester M12 5GE2
£85K01/230.01 mi1, Giles Street, Manchester, Greater Manchester M12 5GE2
£155K07/220.02 mi7, Blakey Street, Manchester, Greater Manchester M12 5QF2
£191K09/230.09 mi33, Farrant Road, Manchester, Greater Manchester M12 4PF2
£100K09/220.11 mi44, Parry Road, Manchester, Greater Manchester M12 5QD2
£113.5K12/200.18 mi8, Sherrington Street, Manchester, Greater Manchester M12 5RW2
£155K07/210.19 mi214, Pink Bank Lane, Manchester, Greater Manchester M12 5RF2
£165K12/220.19 mi210, Pink Bank Lane, Manchester, Greater Manchester M12 5RF2
£100K02/210.19 mi180, Pink Bank Lane, Manchester, Greater Manchester M12 5RF2
£140K10/230.2 mi13, Patey Street, Manchester, Greater Manchester M12 5RP2
£210K12/230.23 mi31, Sarnesfield Close, Manchester, Greater Manchester M12 4PZ2
£200K12/220.23 mi26, Sarnesfield Close, Manchester, Greater Manchester M12 4PZ2
£140K09/220.24 mi15, Macfarren Street, Manchester, Greater Manchester M12 4WX2
£130K05/230.24 mi25, Macfarren Street, Manchester, Greater Manchester M12 4WX2
£149.9K05/240.24 mi28, Macfarren Street, Manchester, Greater Manchester M12 4WX2
£172K11/220.26 mi133, East Road, Longsight, Manchester, Greater Manchester M12 5GY2
£145K04/240.3 mi12, Sullivan Street, Manchester, Greater Manchester M12 4WS2
£160K09/230.31 mi12, Lockhart Close, Manchester, Greater Manchester M12 4JY2
£198K06/230.31 mi15, Ellen Wilkinson Crescent, Manchester, Greater Manchester M12 4JU2
£139K06/210.31 mi33, Ellen Wilkinson Crescent, Manchester, Greater Manchester M12 4JU2
£120.5K01/210.32 mi92, East Road, Longsight, Manchester, Greater Manchester M12 5QA2
£147.5K07/210.34 mi3, Butterwick Close, Manchester, Greater Manchester M12 5RA2
£147.5K07/210.34 mi3, Butterwick Close, Manchester, Greater Manchester M12 5RA2
£130K10/200.38 mi18, Bracewell Close, Manchester, Greater Manchester M12 5WQ2
£117K04/210.41 mi13, Innes Street, Manchester, Greater Manchester M12 5TB2
£190K01/240.42 mi27, Thornholme Close, Manchester, Greater Manchester M18 7RL2
£144K01/210.42 mi1, Thornholme Close, Manchester, Greater Manchester M18 7RL2
£155K12/220.42 mi14, Wilpshire Avenue, Manchester, Greater Manchester M12 5TL2
£145K02/240.43 mi47, Stovell Avenue, Longsight, Manchester, Greater Manchester M12 5SY2
£145K12/210.43 mi31, Stovell Avenue, Longsight, Manchester, Greater Manchester M12 5SY2
£143K01/230.44 mi13, Grasmere Street, Manchester, Greater Manchester M12 5TE2
£110K01/210.45 mi19, Grasmere Street, Manchester, Greater Manchester M12 5TE2
£150K04/230.45 mi19, Grasmere Street, Manchester, Greater Manchester M12 5TE2
£100K03/210.45 mi14, Grasmere Street, Manchester, Greater Manchester M12 5TE2
£110K09/220.45 mi16, Grasmere Street, Manchester, Greater Manchester M12 5TE2
£155K12/210.49 mi4, Dobcross Close, Manchester, Greater Manchester M13 0GQ2
£155K12/210.49 mi4, Dobcross Close, Manchester, Greater Manchester M13 0GQ2
£176K11/220.51 mi40, Hannah Street, Manchester, Greater Manchester M12 5SN2
£155K01/210.52 mi34, Longsight Road, Manchester, Greater Manchester M18 7RA2
£168.8K09/220.55 mi13, Ollier Avenue, Manchester, Greater Manchester M12 5SU2
£110K12/210.55 mi17, Windsor Street, Gorton, Manchester, Greater Manchester M18 7BU2
£133K06/210.55 mi64, Longden Road, Manchester, Greater Manchester M12 5SG2
£145K04/240.55 mi42, Longden Road, Manchester, Greater Manchester M12 5SG2
£108K01/210.55 mi2, Delafield Avenue, Manchester, Greater Manchester M12 5SL2
£130K08/230.56 mi132, Heathcote Road, Manchester, Greater Manchester M18 7GL2
£114K07/210.56 mi148, Heathcote Road, Manchester, Greater Manchester M18 7GL2
£160K03/230.56 mi10, Spring Street, Manchester, Greater Manchester M12 5SP2
£100K07/210.56 mi122, Buckley Road, Manchester, Greater Manchester M18 7GJ2
£126K02/210.56 mi108, Buckley Road, Manchester, Greater Manchester M18 7GJ2
£97K11/200.56 mi137, Heathcote Road, Manchester, Greater Manchester M18 7QL2

Local Rents

44 rents from £700/mo to £2.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30001/240.02 mi-2
£1,20006/240.16 miMackenzie Street, Manchester, M122
£1,15012/240.16 mi-2
£1,05005/240.19 miSherrington Street, Manchester, Greater Manchester, M122
£1,40005/240.22 mi-2
£1,40005/240.22 miTotland Close, Manchester, M122
£1,09505/240.24 miSantley Street, Manchester, M122
£1,29503/250.24 mi-2
£1,10003/250.25 mi-2
£1,25005/240.26 miHoskins Close, Manchester, M122
£1,05003/250.34 mi-2
£1,19505/240.37 miBickerdike Avenue, Manchester, M122
£1,50005/240.38 miFairground Road, Belle Vue, Manchester, M182
£1,09503/250.41 mi-2
£1,40005/240.42 miKurkmanshulme Lane, Belle Vue, Manchester, M182
£1,50005/240.43 miFairground Road, Manchester, Greater Manchester, M182
£1,09506/240.45 miGrasmere Street, Manchester, M122
£1,20005/240.45 miGrasmere Street, Longsight2
£99505/240.45 miGrasmere Street, Longsight, Manchester, M122
£1,25005/240.46 mi1-3 Birch Lane, Manchester, M132
£1,19505/240.46 miBirch Lane, Manchester, M132
£1,05005/240.46 miGrasmere Street, Manchester, M122
£1,10005/240.46 miBirch Lane, Longsight, Manchester, M132
£1,10005/240.47 miBirch Lane, Longsight, Manchester2
£1,20001/250.47 mi-2
£1,00003/250.54 mi-2
£92505/240.55 miHyde Road, Manchester, M12 5PS2
£1,25012/240.55 mi-2
£97512/240.55 mi-2
£1,09506/240.55 miDelafield Avenue, Manchester, M122
£70003/250.57 mi-2
£70003/250.57 mi-2
£1,15005/240.57 miClarence Road, Manchester, Greater Manchester, M132
£2,20103/250.57 mi-2
£1,05005/240.58 miBeard Road, Manchester, M182
£1,09505/240.58 miDamien Street, Manchester, M122
£1,15005/240.59 mi-2
£1,30002/250.59 mi-2
£1,29503/250.6 mi-2
£95005/240.61 miBuckley Road, Gorton2
£95005/240.61 miBuckley Road, Gorton2
£95001/250.62 mi-2
£1,00012/240.62 mi-2
£1,27503/250.62 mi-2

Local Area Statistics

Population in M12

15,739

Population in Manchester

920,095

Town centre distance

2.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+22%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £179,950

December 4, 2024

Sold for £43,000

2004

Floor Plans

Description

  • Close To Public Transport +
  • Double Glazing +
  • Shops & Amenities Nearby +
  • Un-Furnished +

Welcome to Giles Street, Manchester, M12, where a fantastic opportunity awaits at this charming 2-bedroom terrace property, now available for sale. This spacious residence presents an excellent investment opportunity in a desirable location, offering easy access to an array of amenities and convenient transport options. Situated within close proximity to the vibrant heart of Manchester, this property promises a comfortable and convenient lifestyle.

Boasting a prime location, this terrace property is just a stones throw away from a range of shops, including Longsight and George At ASDA supermarkets, ensuring that daily essentials are easily within reach. Additionally, a variety of dining options are available nearby, with popular restaurants such as Paratha Hut, Whats your Flava, and Reggae Grill all within a kilometres distance.

Families will appreciate the close proximity to several well-regarded primary schools, including Manchester Adult Education Centre (0.54km), St Agnes Cofe Primary School (0.64km), and St Richards Rc Primary School (0.69km), ensuring that quality education is easily accessible. For further education, Erp Longsight (0.41km) and Aspire Learning Centres (0.43km) are conveniently located for higher learning opportunities.

This property also offers easy access to public transport, with the Crowcroft Park bus stop just 0.89km away, and the Belle Vue railway station within a kilometre, providing seamless connectivity for daily commuting. Furthermore, the nearby Crazy Land hospital (0.42km), Parkside Surgery (0.54km), and Mymedicare Pharmacy (0.93km) assure residents of essential healthcare services within reach.

For leisure and entertainment, residents can enjoy the convenience of being close to fitness clubs such as Better the National Speedway Stadium (0.25km), nightlife spots like Belle Vue Rock & Roll Club (0.25km), and the Showcase Cinemas (0.71km) for a night out at the movies. Additionally, green spaces such as Crowcroft Park (0.42km) and Annie Lees Park (0.76km) offer tranquil settings for outdoor activities and relaxation.

Embrace this exceptional opportunity to own a property in a prosperous and vibrant area, offering the perfect blend of convenience and comfort. Dont miss out on this great investment – schedule a viewing today and envision the possibilities that await at Giles Street, Manchester!

Agent Details

Madina Property, Manchester

0161 524 6736

Next Steps?

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