3 Bed Terraced House, Single Let, Manchester, M22 9JG, £190,000

6 Nearmaker Road, Manchester, Greater Manchester, M22 9JG - 6 views - 5 months ago

Under Offer

BTL

ROI: 7%

73 m²

+4 photos

ValuationOvervalued

Sold Prices	£145K - £360K
Sold Prices/m²	£2K/m² - £4.8K/m²

Square Metres	73 m²
Price/m²	£2.6K/m²
Value Estimate	£182,500£182,500

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£47,500£47,500
Stamp Duty & Legal Fees	£6,900£6,900
Total Cash In	£54,400£54,400

Cash Out
Rent Range	£875 - £1,800£875 - £1,800
Rent Estimate	£1,148
Running Costs/mo	£843£843
Cashflow/mo	£305£305
Cashflow/yr	£3,656£3,656
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £145K to £360K, average is £201.8K. £2K/m² to £4.8K/m², average is £2.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£210K	04/23	0.08 mi	58, Moat Road, Manchester, Greater Manchester M22 9HX	-	-	3	Semi-Detached House
£222K	02/23	0.09 mi	80, Moat Road, Manchester, Greater Manchester M22 9HX	-	-	3	Semi-Detached House
£230K	10/23	0.09 mi	88, Broadoak Road, Manchester, Greater Manchester M22 9WE	£2,911	79	3	Semi-Detached House
£200K	08/23	0.17 mi	136, Broadoak Road, Manchester, Greater Manchester M22 9PL	£2,740	73	3	Terraced House
£220K	04/23	0.19 mi	47, Nearbrook Road, Manchester, Greater Manchester M22 9PY	-	-	3	Semi-Detached House
£158K	04/21	0.19 mi	25, Panfield Road, Manchester, Greater Manchester M22 9NJ	£2,164	73	3	Terraced House
£170K	12/20	0.2 mi	1, Hollyhedge Road, Manchester, Greater Manchester M22 8HF	£2,500	68	3	Semi-Detached House
£205K	12/23	0.24 mi	120, Newhey Road, Manchester, Greater Manchester M22 9ND	£2,523	81	3	Semi-Detached House
£191K	12/22	0.24 mi	102, Newhey Road, Manchester, Greater Manchester M22 9ND	£2,616	73	3	Terraced House
£237.6K	12/22	0.24 mi	104, Hollyhedge Road, Manchester, Greater Manchester M22 8LT	-	-	3	Terraced House
£218K	12/23	0.26 mi	151, Mottershead Road, Manchester, Greater Manchester M22 9GP	-	-	3	Semi-Detached House
£173K	11/20	0.27 mi	79, Mottershead Road, Manchester, Greater Manchester M22 9QG	£1,989	87	3	Terraced House
£174K	09/21	0.28 mi	49, Newhey Road, Manchester, Greater Manchester M22 9NB	-	-	3	Semi-Detached House
£205K	03/23	0.29 mi	18, Wynyard Road, Manchester, Greater Manchester M22 9PS	-	-	3	Terraced House
£158K	04/21	0.33 mi	30, Barncroft Gardens, Manchester, Greater Manchester M22 8LZ	£2,225	71	3	Semi-Detached House
£183K	09/21	0.33 mi	114, Hollyhedge Road, Manchester, Greater Manchester M22 8LS	£2,504	73	3	Semi-Detached House
£270K	11/20	0.33 mi	32, Dunnisher Road, Manchester, Greater Manchester M23 2YN	£2,432	111	3	Semi-Detached House
£203.5K	01/24	0.34 mi	14, Ninfield Road, Manchester, Greater Manchester M23 2ZG	£2,339	87	3	Semi-Detached House
£235K	03/24	0.34 mi	17, Ninfield Road, Manchester, Greater Manchester M23 2ZG	£2,765	85	3	Semi-Detached House
£223K	11/23	0.35 mi	6, Broadoak Drive, Manchester, Greater Manchester M22 8FW	£3,141	71	3	Semi-Detached House
£165K	09/21	0.35 mi	13, Broadoak Road, Manchester, Greater Manchester M22 8FY	£2,324	71	3	Semi-Detached House
£217K	10/22	0.35 mi	215, Firbank Road, Manchester, Greater Manchester M23 2YG	£2,214	98	3	Semi-Detached House
£338K	12/22	0.36 mi	33, Broadoak Drive, Manchester, Greater Manchester M22 8FW	£4,829	70	3	Semi-Detached House
£265K	12/22	0.36 mi	51, Dunnisher Road, Manchester, Greater Manchester M23 2ZL	-	-	3	Semi-Detached House
£240K	07/23	0.37 mi	121, Firbank Road, Manchester, Greater Manchester M23 2YP	-	-	3	Semi-Detached House
£268.5K	03/24	0.37 mi	119, Firbank Road, Manchester, Greater Manchester M23 2YP	£3,580	75	3	Semi-Detached House
£185K	05/23	0.37 mi	5, Birling Drive, Manchester, Greater Manchester M23 2ZF	£2,126	87	3	Semi-Detached House
£214K	01/24	0.38 mi	3, Glendevon Close, Manchester, Greater Manchester M22 8FB	£2,675	80	3	Semi-Detached House
£360K	01/23	0.39 mi	8, Balmer Drive, Manchester, Greater Manchester M23 2YQ	-	-	3	Detached House
£250K	12/22	0.39 mi	20, Flagcroft Drive, Manchester, Greater Manchester M23 2YL	-	-	3	Semi-Detached House
£160K	02/21	0.42 mi	165, Greenwood Road, Manchester, Greater Manchester M22 8BF	£2,581	62	3	Terraced House
£200K	06/23	0.42 mi	179, Greenwood Road, Manchester, Greater Manchester M22 8BF	£3,246	62	3	Terraced House
£188K	10/23	0.42 mi	61, Cedars Road, Manchester, Greater Manchester M22 9SZ	£2,293	82	3	Terraced House
£185K	05/21	0.42 mi	42, Poundswick Lane, Manchester, Greater Manchester M22 9PQ	£2,176	85	3	Semi-Detached House
£230K	03/21	0.43 mi	70, Firbank Road, Manchester, Greater Manchester M23 2YH	£2,035	113	3	Detached House
£245K	12/22	0.43 mi	15, Wendon Road, Manchester, Greater Manchester M23 1PT	-	-	3	Terraced House
£185K	02/23	0.44 mi	11, Overton Road, Manchester, Greater Manchester M22 8JN	£2,534	73	3	Terraced House
£191.5K	06/23	0.44 mi	167, Hollyhedge Road, Manchester, Greater Manchester M22 8UE	-	-	3	Terraced House
£160.5K	04/21	0.44 mi	203c, Woodhouse Lane, Manchester, Greater Manchester M22 9TE	£2,548	63	3	Terraced House
£195K	01/23	0.45 mi	34, Poundswick Lane, Manchester, Greater Manchester M22 9SU	£2,671	73	3	Semi-Detached House
£152K	02/21	0.46 mi	34, Overton Road, Manchester, Greater Manchester M22 8LL	-	-	3	Terraced House
£164K	03/21	0.46 mi	203e, Woodhouse Lane, Manchester, Greater Manchester M22 9TE	-	-	3	Terraced House
£165K	05/21	0.46 mi	203b, Woodhouse Lane, Manchester, Greater Manchester M22 9TE	£2,627	63	3	Semi-Detached House
£205K	06/23	0.47 mi	69, Colshaw Road, Manchester, Greater Manchester M23 2GP	£2,330	88	3	Semi-Detached House
£258K	06/23	0.47 mi	71, Colshaw Road, Manchester, Greater Manchester M23 2GP	£1,955	132	3	Semi-Detached House
£225.5K	07/23	0.48 mi	19, Carrick Gardens, Manchester, Greater Manchester M22 9XF	-	-	3	Semi-Detached House
£172K	11/21	0.48 mi	88, Northcote Avenue, Wythenshawe, Manchester, Greater Manchester M22 9AJ	£2,646	65	3	Semi-Detached House
£145K	01/21	0.49 mi	49, Blackcarr Road, Manchester, Greater Manchester M23 1LR	£2,164	67	3	Terraced House
£182K	06/21	0.49 mi	115, Benchill Road, Manchester, Greater Manchester M22 8LB	£2,364	77	3	Semi-Detached House
£160.5K	03/23	0.52 mi	42, Whitburn Road, Manchester, Greater Manchester M23 2YR	-	-	3	Semi-Detached House

Local Rents

46 rents from £875/mo to £1.8K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	04/25	0.11 mi	-	3	Semi-Detached House
£1,250	01/25	0.15 mi	-	3	Semi-Detached House
£1,250	02/25	0.15 mi	-	3	Semi-Detached House
£1,200	05/24	0.18 mi	Broadoak Road, Manchester, M22	3	Terraced House
£1,500	04/25	0.18 mi	-	3	Semi-Detached House
£1,200	12/24	0.2 mi	-	3	Terraced House
£1,300	05/24	0.22 mi	-	3	Semi-Detached House
£1,300	04/25	0.22 mi	-	3	Terraced House
£1,100	01/25	0.22 mi	-	3	Semi-Detached House
£1,200	05/24	0.26 mi	Haveley Road, Manchester, M22	3	Terraced House
£1,450	06/24	0.26 mi	-	3	Semi-Detached House
£1,400	05/24	0.27 mi	Littlewood Road, Manchester, M22 9NG	3	Semi-Detached House
£1,400	05/24	0.28 mi	Littlewood Road, Manchester, Greater Manchester, M22	3	Semi-Detached House
£1,200	05/24	0.28 mi	Hollyhedge Road, Manchester, M22	3	Detached House
£1,250	02/25	0.32 mi	-	3	Semi-Detached House
£1,300	05/24	0.33 mi	Woodhouse Lane, Manchester, M22	3	Terraced House
£875	05/24	0.33 mi	Broadoak Road, Manchester, M22	3	Terraced House
£1,250	05/24	0.36 mi	Overton Avenue, Manchester, M22	3	Flat
£1,200	12/24	0.36 mi	-	3	Semi-Detached House
£1,300	05/24	0.36 mi	Broadoak Drive, Manchester, M22	3	Detached House
£1,300	05/24	0.36 mi	-	3	Semi-Detached House
£1,325	12/24	0.37 mi	-	3	Terraced House
£1,325	05/24	0.37 mi	Woodhouse Lane, Wythenshawe, M22	3	Terraced House
£1,245	03/25	0.39 mi	-	3	Terraced House
£1,350	01/25	0.4 mi	-	3	Terraced House
£1,200	06/24	0.41 mi	-	3	Semi-Detached House
£1,250	04/25	0.41 mi	-	3	Semi-Detached House
£1,300	05/24	0.42 mi	-	3	Terraced House
£1,195	05/24	0.44 mi	13 Peterswood Close, Manchester, Greater Manchester, M22	3	Semi-Detached House
£1,250	05/24	0.44 mi	-	3	Semi-Detached House
£1,800	12/24	0.44 mi	-	3	Semi-Detached House
£1,500	12/24	0.45 mi	-	3	Terraced House
£1,200	05/24	0.46 mi	Benchill Drive, Manchester, M22 8FH	3	Detached House
£1,400	12/24	0.47 mi	-	3	Terraced House
£1,400	05/24	0.48 mi	-	3	Terraced House
£1,650	01/25	0.48 mi	-	3	Terraced House
£1,400	05/24	0.52 mi	Actonville Avenue, Wythenshawe, M22	3	Terraced House
£1,200	03/25	0.54 mi	-	3	Terraced House
£1,200	01/25	0.54 mi	-	3	Terraced House
£1,400	12/24	0.54 mi	-	3	Terraced House
£1,250	02/25	0.55 mi	-	3	Semi-Detached House
£1,250	12/24	0.56 mi	-	3	Semi-Detached House
£1,200	02/25	0.58 mi	-	3	Semi-Detached House
£1,195	05/24	0.6 mi	5 Crawley Avenue, Manchester, Greater Manchester, M22	3	Semi-Detached House
£1,200	05/24	0.6 mi	Brookfield Gardens, Wythenshawe	3	Detached House
£1,100	05/24	0.62 mi	-	3	Terraced House

Local Area Statistics

Population in M22	42,20142,201
Population in Manchester	920,095920,095
Town centre distance	4.80 miles away4.80 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.57 miles away0.57 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+11%+11%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+52%+52%

Property History

Listed for £190,000

December 5, 2024

Sold for £105,000

2015

Description

A Three bedroom Mid Terraced property in need of refurbishment +
Ideal for access to Motorway/Metro links +
Close by to an array of amenities +
Gas Central Heating, UPVC Double Glazed +

Northern Etchells Home Welcomes to the A Three bedroom Mid Terraced property in need of refurbishment. Ideal for access to Motorway/Metro links, Airport, Hospital, Close by to an array of amenities. Property comprises Lounge, Kitchen, Family Bathroom, Gas Central Heating, UPVC Double Glazed, Rear Garden, NO CHAIN.EPC Please call to arrange a viewing.

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