2 Bed Terraced House, Single Let, Manchester, M14 7QF, £200,000

Horton Road, Manchester, Greater Manchester, M14 7QF - 3 months ago

Sold STC
BTL
ROI: 3%
~70 m²
+12 photos

ValuationOvervalued

Sold Prices£136.5K - £254K
Sold Prices/m²£2K/m² - £3.8K/m²

 

 

Square Metres

~69.80 m²
Price/m²£2.9K/m²

Value Estimate

£180,064

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£880 - £2,900

Rent Estimate

£1,000

Running Costs/mo

£845

Cashflow/mo

£155

Cashflow/yr

£1,860

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £136.5K to £254K, average is £180K. £2K/m² to £3.8K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£137K04/210 mi190, Horton Road, Manchester, Greater Manchester M14 7QF2
£217.5K02/230.02 mi195, Thornton Road, Manchester, Greater Manchester M14 7NS2
£160K05/210.02 mi159, Horton Road, Manchester, Greater Manchester M14 7QE2
£225.5K07/230.02 mi167, Horton Road, Manchester, Greater Manchester M14 7QE2
£190K10/210.02 mi205, Horton Road, Manchester, Greater Manchester M14 7QE2
£187K05/210.02 mi207, Thornton Road, Manchester, Greater Manchester M14 7NS2
£200K02/230.03 mi181, Thornton Road, Manchester, Greater Manchester M14 7NS2
£163K04/210.06 mi5, Dalton Avenue, Manchester, Greater Manchester M14 7NR2
£196K05/230.06 mi31, Dalton Avenue, Manchester, Greater Manchester M14 7NR2
£210K04/230.06 mi19, Dalton Avenue, Manchester, Greater Manchester M14 7NR2
£183.5K09/210.07 mi24, Dorset Avenue, Manchester, Greater Manchester M14 7WR2
£203K10/210.08 mi51, Dorset Avenue, Manchester, Greater Manchester M14 7WR2
£195K09/230.08 mi41, Dorset Avenue, Manchester, Greater Manchester M14 7WR2
£169.7K03/210.08 mi15, Dorset Avenue, Manchester, Greater Manchester M14 7WR2
£220K10/230.08 mi34, Dorset Avenue, Manchester, Greater Manchester M14 7WR2
£242K11/220.09 mi137, Horton Road, Manchester, Greater Manchester M14 7QD2
£157.5K12/200.09 mi174, Thornton Road, Manchester, Greater Manchester M14 7WS2
£205K11/220.1 mi57, Dorset Avenue, Manchester, Greater Manchester M14 7WR2
£155K11/200.11 mi130, Thornton Road, Manchester, Greater Manchester M14 7WS2
£137.5K09/210.11 mi138, Thornton Road, Manchester, Greater Manchester M14 7WS2
£162.5K08/210.11 mi153, Horton Road, Manchester, Greater Manchester M14 7QD2
£210K03/230.11 mi107, Horton Road, Manchester, Greater Manchester M14 7QD2
£187K05/230.11 mi123, Horton Road, Manchester, Greater Manchester M14 7QD2
£189.3K02/230.11 mi121, Horton Road, Manchester, Greater Manchester M14 7QD2
£142K04/210.11 mi90, Horton Road, Manchester, Greater Manchester M14 7GD2
£160K03/210.11 mi146, Horton Road, Manchester, Greater Manchester M14 7GD2
£195K02/230.11 mi118, Horton Road, Manchester, Greater Manchester M14 7GD2
£170K03/210.11 mi83, Thornton Road, Manchester, Greater Manchester M14 7NT2
£143K10/220.13 mi228, Maine Road, Manchester, Greater Manchester M14 7WQ2
£177.5K06/210.14 mi8, Lloyd Street South, Manchester, Greater Manchester M14 7HY2
£136.5K04/210.14 mi2, Middleham Street, Manchester, Greater Manchester M14 7NG2
£230K11/230.18 mi4, Burdith Avenue, Manchester, Greater Manchester M14 7HX2
£254K11/220.18 mi17, Bredbury Road, Manchester, Greater Manchester M14 7AG2
£180.9K10/210.19 mi16, Laurel Avenue, Manchester, Greater Manchester M14 7JW2
£150K11/200.19 mi23, Laurel Avenue, Manchester, Greater Manchester M14 7JW2
£170K04/210.19 mi15, Laurel Avenue, Manchester, Greater Manchester M14 7JW2
£180K10/220.2 mi18, Laurel Avenue, Manchester, Greater Manchester M14 7JW2
£140K02/210.2 mi29, Lowthorpe Street, Manchester, Greater Manchester M14 7WP2
£155K12/200.2 mi37, Lowthorpe Street, Manchester, Greater Manchester M14 7WP2
£156K05/210.2 mi28, Lowthorpe Street, Manchester, Greater Manchester M14 7WP2
£198K11/230.21 mi20, Lloyd Street South, Manchester, Greater Manchester M14 7HY2
£180K11/230.21 mi70, Horton Road, Manchester, Greater Manchester M14 7GB2
£185K01/230.21 mi6, Horton Road, Manchester, Greater Manchester M14 7GB2
£165K12/200.22 mi2, Yew Tree Avenue, Fallowfield, Manchester, Greater Manchester M14 7JP2
£143K01/210.22 mi62, Thornton Road, Manchester, Greater Manchester M14 7WT2
£140K07/230.22 mi53, Horton Road, Manchester, Greater Manchester M14 7QB2
£224K07/230.22 mi55, Horton Road, Manchester, Greater Manchester M14 7QB2
£174K07/210.22 mi69, Thornton Road, Manchester, Greater Manchester M14 7NU2
£182K11/200.22 mi9, Thornton Road, Manchester, Greater Manchester M14 7NU2
£150.5K04/210.22 mi21, Brompton Road, Manchester, Greater Manchester M14 7QA2

Local Rents

50 rents from £880/mo to £2.9K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10005/240.01 miHorton Road, Fallowfield, Manchester, M142
£1,00005/240.01 miThornton Road, Fallowfield, Manchester, M142
£1,30005/240.02 miThornton Road, Manchester M142
£1,25005/240.03 miThornton Road, Manchester, Greater Manchester, M142
£1,30004/250.03 mi-2
£1,10006/240.08 miDorset Avenue, Manchester, Greater Manchester, M142
£1,17505/240.08 miDorset Avenue, Manchester, Greater Manchester, M142
£1,15012/240.08 mi-2
£1,40005/240.11 miHorton Road, Rusholme, Manchester, M142
£1,00006/240.13 miThornton Road, Manchester2
£1,00005/240.13 miLloyd Street South, Manchester, M14 7HS2
£1,30004/250.15 mi-2
£1,10005/240.15 miCopper Place, Fallowfield, Manchester, M142
£1,00005/240.15 miThornton Road, Manchester2
£1,50003/250.16 mi-2
£1,40012/240.16 mi-2
£1,40005/240.16 miBluemoonway, Manchester, M142
£1,20005/240.16 miBlue Moon Way, Manchester, M142
£1,05005/240.16 mi-2
£1,05005/240.16 miCopper Place, Manchester, M142
£1,60012/240.18 mi-2
£1,07505/240.2 miPLATT LANE, RUSHOLME, Manchester M14 5WH2
£1,20005/240.2 miBrockley Avenue, Fallowfield, Manchester2
£1,34005/240.21 miEdith Avenue, Fallowfield, Manchester, M142
£1,20005/240.21 miEdith Avenue, Manchester2
£1,25003/250.22 mi-2
£1,10006/240.22 mi-2
£1,20012/240.22 mi-2
£1,10002/240.22 mi-2
£1,35004/250.22 mi-2
£2,90012/240.22 mi-2
£1,10005/240.22 miThornton Road, Fallowfield, M142
£1,20012/240.23 mi-2
£92505/240.23 miYew Tree Avenue, Fallowfield, Manchester, M142
£1,37005/240.24 miDriffield Street, Rusholme, Manchester, M142
£99505/240.27 miMarkington Street, Manchester, Greater Manchester, M142
£1,30005/240.27 miPrincess Road, Manchester, M142
£1,30006/240.27 mi-2
£1,10005/240.29 miLynton Street, Manchester2
£88003/240.31 miBoscombe Street, Manchester, Greater Manchester, M142
£1,10005/240.32 miCarlton Avenue, Manchester, M142
£1,38505/240.36 miLetchworth Street, Rusholme, Manchester, M142
£1,33505/240.36 miRoute 1 at The Depot 2
£1,20005/240.37 mi-2
£1,46005/240.38 miHartington Street, Rusholme, Manchester, M142
£1,00005/240.38 miCarnforth Street, Rusholme, M142
£1,20005/240.38 miWincombe Street, Manchester2
£1,15012/240.38 mi-2
£1,34005/240.39 miCamborne Street, Rusholme, Manchester, M142
£1,34005/240.39 miCamborne Street, Rusholme, Manchester, M142

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

0.71 miles away

Nearest school

0.10 miles away

Nearest train station

1.20 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £200,000

January 7, 2025

Floor Plans

Description

This charming two-bedroom mid-terraced house is located on Horton Road, one of the most sought-after streets in the M14 area. Offering an excellent location, the property is within easy reach of a wide range of local amenities, including shops, cafes, and schools, as well as providing excellent public transport links to nearby hospitals, universities, and quick access into Manchester city centre.

Previously a long-term rental, the property is now available for sale with no vendor chain, making it an ideal option for first-time buyers or buy-to-let investors. The house is presented in good condition throughout and is ready to move into or rent out immediately.

The ground floor features a bright and spacious living room and dining room, along with a well-appointed kitchen, creating a practical and comfortable space for everyday living. Upstairs, you'll find two well-sized bedrooms and a family bathroom.

Externally, there is street parking available, and to the rear of the property, you’ll find a private, enclosed yard, perfect for outdoor relaxation or entertaining. With its great location, solid condition, and no vendor chain, this property is a fantastic opportunity for anyone looking to invest in the area or start their homeownership journey.

Agent Details

Bridgfords, Withington

0161 524 2534

Next Steps?

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