3 Bed Semi-Detached House, Single Let, Manchester, M19 1NE, £260,000

47 Cranwell Drive, Manchester, Greater Manchester, M19 1NE - 1 views - 4 months ago

Sold STC
BTL
ROI: 3%
86 m²
+12 photos

ValuationFair Value

Sold Prices£183K - £465K
Sold Prices/m²£2.5K/m² - £4.4K/m²

 

 

Square Metres

86 m²
Price/m²£3K/m²

Value Estimate

£264,404

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,200 - £2,200

Rent Estimate

£1,247

Running Costs/mo

£1,082

Cashflow/mo

£165

Cashflow/yr

£1,981

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £183K to £465K, average is £260K. £2.5K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£220K03/210.02 mi14, Ashby Avenue, Manchester, Greater Manchester M19 1NF3
£227.5K10/210.06 mi7, Cranwell Drive, Manchester, Greater Manchester M19 1SA3
£193K10/200.07 mi32, Cranwell Drive, Manchester, Greater Manchester M19 1WD3
£310K09/210.11 mi8, Upton Avenue, Stockport, Greater Manchester SK4 3PL3
£335K06/210.11 mi2, Upton Avenue, Stockport, Greater Manchester SK4 3PL3
£280K07/230.12 mi69, Lane End Road, Manchester, Greater Manchester M19 1NB3
£213K02/210.12 mi51, Lane End Road, Manchester, Greater Manchester M19 1NB3
£183K06/210.13 mi7, Leaburn Drive, Manchester, Greater Manchester M19 1SD3
£305K11/230.13 mi562, Burnage Lane, Manchester, Greater Manchester M19 1LA3
£320K03/230.13 mi543, Burnage Lane, Manchester, Greater Manchester M19 1NH3
£229.9K08/210.14 mi5, Whitecroft Gardens, Manchester, Greater Manchester M19 1NT3
£290K05/230.17 mi3, Oakland Avenue, Manchester, Greater Manchester M19 1LB3
£220K03/210.19 mi6, Ivylea Road, Manchester, Greater Manchester M19 1WT3
£275K02/230.2 mi20, Westcroft Road, Manchester, Greater Manchester M19 1PU3
£235K08/210.2 mi24, Heathwood Road, Manchester, Greater Manchester M19 1SL3
£400K03/230.21 mi65, Kingsleigh Road, Stockport, Greater Manchester SK4 3PP3
£245K08/230.22 mi5, Barcicroft Road, Manchester, Greater Manchester M19 1WS3
£245K03/220.22 mi431, Kingsway, Manchester, Greater Manchester M19 1WG3
£310K12/220.22 mi427, Kingsway, Manchester, Greater Manchester M19 1WG3
£270K02/210.22 mi37, Lavister Avenue, Manchester, Greater Manchester M19 1RT3
£325K06/210.23 mi4, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR3
£198K02/210.23 mi15, Heathwood Road, Manchester, Greater Manchester M19 1WU3
£260K03/230.24 mi21, Overlea Drive, Manchester, Greater Manchester M19 1QR3
£228K02/210.25 mi21, Moorcroft Drive, Manchester, Greater Manchester M19 1NL3
£325K12/230.25 mi47, Moorcroft Drive, Manchester, Greater Manchester M19 1NL3
£233.5K04/210.25 mi31, Overlea Drive, Manchester, Greater Manchester M19 1QY3
£320K11/200.25 mi3, Hepple Close, Stockport, Greater Manchester SK4 3RR3
£260K02/230.26 mi403, Kingsway, Manchester, Greater Manchester M19 1WQ3
£225K10/230.26 mi52, Uppermill Drive, Manchester, Greater Manchester M19 1RU3
£208K03/230.26 mi348, Kingsway, Manchester, Greater Manchester M19 1PW3
£260K06/230.26 mi346, Kingsway, Manchester, Greater Manchester M19 1PW3
£233K02/230.27 mi5, Brayside Road, Manchester, Greater Manchester M19 1ST3
£245K01/240.28 mi6, Clover Bank Avenue, Manchester, Greater Manchester M19 1PG3
£268K03/230.29 mi17, Fernbray Avenue, Manchester, Greater Manchester M19 1PQ3
£295K05/230.29 mi309, Mauldeth Road, Manchester, Greater Manchester M19 1DZ3
£445K10/200.3 mi11, Cherry Holt Avenue, Stockport, Greater Manchester SK4 3PT3
£250K07/230.3 mi12, Hurstbank Avenue, Manchester, Greater Manchester M19 1PN3
£220K06/210.3 mi28, Green End Road, Manchester, Greater Manchester M19 1LL3
£320K09/210.31 mi24, Kingsleigh Road, Stockport, Greater Manchester SK4 3QG3
£245K10/230.31 mi9, Westcroft Road, Manchester, Greater Manchester M19 1SU3
£334.5K12/200.32 mi35, Ingram Drive, Stockport, Greater Manchester SK4 3RH3
£298K11/230.32 mi406, Kingsway, Manchester, Greater Manchester M19 1PL3
£290K01/230.33 mi286, Kingsway, Manchester, Greater Manchester M19 1QA3
£205K11/200.34 mi19, Southbank Road, Manchester, Greater Manchester M19 1PZ3
£270K02/230.35 mi41, Southbank Road, Manchester, Greater Manchester M19 1PZ3
£240K12/200.35 mi19, Chevington Drive, Stockport, Greater Manchester SK4 3RF3
£193K06/210.35 mi12, Woodside Avenue, Manchester, Greater Manchester M19 1DY3
£232K03/210.35 mi13, Woodside Avenue, Manchester, Greater Manchester M19 1DY3
£465K05/210.36 mi5, Trentham Avenue, Stockport, Greater Manchester SK4 3QD3
£290K02/230.37 mi93, Green End Road, Manchester, Greater Manchester M19 1LE3

Local Rents

33 rents from £1.2K/mo to £2.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.07 mi-3
£1,50012/240.14 mi-3
£1,35008/240.16 miKingsleigh Road, Heaton Mersey, Stockport, Greater Manchester, SK43
£1,50005/240.16 mi-3
£1,50012/240.16 mi-3
£1,30004/250.22 mi-3
£1,40009/240.22 miWhitehurst Road, Stockport, Cheshire, SK43
£1,65005/240.27 miCarrgreen Close, Manchester, M193
£1,40005/240.28 miFernbray Avenue, Manchester, M193
£1,40002/250.31 mi-3
£2,00009/240.31 miBluestone Drive, Stockport3
£1,40004/250.31 mi-3
£1,39505/240.37 miNorwood Avenue, Manchester3
£1,27506/240.38 miWestcroft Road, Manchester, Greater Manchester, M203
£1,35005/240.38 miMelbury Avenue, Manchester, M203
£1,50008/240.42 miBerwick Avenue, Heaton Mersey, Stockport3
£1,95012/240.44 mi-3
£1,30009/240.49 miBerwick Avenue, Heaton Mersey, Stockport, SK43
£1,45004/250.49 mi-3
£2,20004/250.5 mi-3
£1,70005/240.51 miHomestead Crescent, Manchester, M19 3
£1,45005/240.51 miBriarfield Road, Manchester3
£1,60012/240.51 mi-3
£1,20002/250.55 mi-3
£1,85004/250.56 mi-3
£1,72512/240.56 mi-3
£1,72512/240.56 mi-3
£1,80012/240.56 mi-3
£1,30002/240.57 mi-3
£1,60005/240.57 mi-3
£1,20005/240.58 miHaldon Road, Withington, M203
£1,70005/240.6 miAustin Drive, Didsbury, Manchester3
£1,45005/240.61 miPytha Fold 3

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.94 miles away

Nearest school

0.40 miles away

Nearest train station

0.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £260,000

December 11, 2024

Sold for £87,000

2002

Floor Plans

Description

We are delighted to present this well-maintained three-bedroom semi-detached home, new to the market and ideal for families or investors looking for a property in Burnage. Please note, the property is being sold with tenants in situ, making it a fantastic investment opportunity with a reliable rental income.

The property offers a welcoming entrance hallway, leading to a generous through lounge that features modern touches while retaining a homely feel. At the rear, an extended fitted kitchen provides ample space for family meals, and a bright conservatory overlooks the expansive, sun-trapped garden—perfect for enjoying outdoor space throughout the seasons. The large garden is laid to lawn and offers plenty of scope for further landscaping or relaxation.

On the ground floor, you’ll also find a stylish family bathroom, complete with both a shower and a large corner bath, offering a peaceful retreat after a busy day.

Upstairs, the home features three well-proportioned bedrooms, each offering great flexibility for use as sleeping, study, or play spaces. There is also a separate modern W.C. for added convenience.

For those seeking further potential, the loft benefits from velux windows and offers an excellent opportunity for conversion into additional living space (subject to planning).

Externally, the property boasts a large front garden, currently laid to lawn, with the added potential to convert into a driveway (subject to planning), providing off-road parking.

Located in a highly desirable area of Burnage, the property is perfectly positioned to benefit from excellent local amenities, schools, and transport links. You’ll enjoy easy access to trains, trams, major bus routes, and the M60 motorway network, making commuting or exploring the surrounding areas a breeze.

This lovely home is presented to a high standard throughout and offers a wonderful opportunity for families seeking a well-connected, spacious property or for investors looking to acquire a property with tenants already in place.

Contact us today to arrange a viewing or for further details!

Agent Details

Bridgfords, Didsbury

0161 524 4743

Next Steps?

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