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2 Bed Flat, Single Let, Manchester, M11 4TF, £135,000

5 Stillwater Drive, Sports City, Openshaw, Manchester, M11, M11 4TF - 3 months ago

Sold STC
Leasehold
BTL
ROI: 9%
60 m²
+1 photos

ValuationUndervalued

Sold Prices£53K - £487K
Sold Prices/m²£778/m² - £4.2K/m²

 

 

Square Metres

60.29 m²
Price/m²£2.2K/m²

Value Estimate

£144,356
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£875 - £2,700

Rent Estimate

£938

Running Costs/mo

£629

Cashflow/mo

£309

Cashflow/yr

£3,702

ROI

9%

Gross Yield

8%

Local Sold Prices

35 sold prices from £53K to £487K, average is £160K. £778/m² to £4.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£220K01/241.14 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£59.5K05/211.15 mi5, Crosby Road, Manchester, Greater Manchester M40 1QB2
£85K12/231.22 mi67, Gorton Lane, Manchester, Greater Manchester M12 5WF2
£80K09/231.22 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£105K07/221.27 mi250a, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD2
£160K12/211.3 mi16, Kent Avenue, Droylsden, Manchester, Greater Manchester M43 6BW2
£270K05/231.35 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/211.36 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£257K10/211.42 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£107K07/211.44 mi79, Crammond Close, Manchester, Greater Manchester M40 1PL2
£86.5K12/201.44 mi73, Crammond Close, Manchester, Greater Manchester M40 1PL2
£140K06/211.46 mi396, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7RZ2
£53K11/201.5 mi8, Ketton Close, Manchester, Greater Manchester M11 1NA2
£130K09/231.51 mi36, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£150K03/211.54 mi11, Faversham Street, Manchester, Greater Manchester M40 5AR2
£487K03/231.62 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£160K08/211.68 mi11, Old Farm Crescent, Droylsden, Manchester, Greater Manchester M43 6EU2
£215K07/211.73 mi5, Lindrick Close, Manchester, Greater Manchester M40 3WB2
£70K02/211.74 mi2, Edale Avenue, Manchester, Greater Manchester M40 9HU2
£160K03/231.78 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£120K05/241.8 mi9, Mount Road, Manchester, Greater Manchester M18 7BG2
£170K03/211.8 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£250K11/231.84 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/211.84 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£207.5K12/201.86 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/231.86 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£130K04/211.86 mi18, Lock Keepers Court, Droylsden, Manchester, Greater Manchester M43 6GG2
£130K09/211.89 mi65, Abbeydale Road, Manchester, Greater Manchester M40 0AJ2
£220K12/221.9 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£95K10/201.9 mi108, Stanley Grove, Manchester, Greater Manchester M12 5GF2
£180K10/201.91 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£156K02/221.93 mi16, Clapham Street, Manchester, Greater Manchester M40 0BA2
£115K01/221.94 mi11, Mitchells Quay, Failsworth, Manchester, Greater Manchester M35 0QD2
£197.5K09/211.99 mi8, Bridgewater Wharf, Droylsden, Manchester, Greater Manchester M43 7ZA2
£197.5K09/211.99 mi8, Bridgewater Wharf, Droylsden, Manchester, Greater Manchester M43 7ZA2

Local Rents

47 rents from £875/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05006/240 miStillwater Drive, 5 Stillwater Drive, Manchester2
£1,05006/240 miStillwater Drive, Sports City, Macnhester, M112
£95012/240.01 mi-2
£1,10006/240.01 miThe Drum, Stillwater Drive, M112
£95005/240.02 miStillwater Drive, Sports City, Manchester, M112
£95005/240.03 mi5 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£97505/240.03 mi5 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£92505/240.03 miStillwater Drive,Clayton,Manchester,M11 4TE2
£1,09505/240.03 mi3 Stillwater Drive, Sportcity , Manchester, M11 4TE2
£97505/240.03 miStillwater Drive, SportCity, Manchester, M112
£97506/240.03 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£2,70012/240.03 mi-2
£2,10001/250.03 mi-2
£95005/240.03 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£97506/240.04 mi1 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£1,25012/240.04 mi-2
£1,00005/240.04 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,00006/240.04 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,15005/240.05 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,10005/240.05 miThe Waterfront, Openshaw, Manchester, M112
£1,10005/240.05 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,30005/240.09 miWesham Road, Manchester, M112
£1,30012/240.09 mi-2
£1,30012/240.09 mi-2
£1,10012/240.09 mi-2
£1,10003/250.11 mi-2
£1,20001/240.11 mi-2
£1,00005/240.11 miThe Waterfront, Manchester, M112
£1,10005/240.12 miApt 10, 2 Stuart Street, Clayton M11 4DQ2
£1,05005/240.13 miThe Drum, 2 Stuart Street, Sport City2
£1,20012/240.13 mi-2
£97502/250.13 mi-2
£1,20003/250.29 mi-2
£1,20002/250.29 mi-2
£87512/240.33 mi-2
£97505/240.36 mi-2
£1,00003/250.36 mi-2
£95001/240.36 mi-2
£1,00008/240.51 miThe Mews, Manchester, M402
£1,15005/240.55 miDarley Street, Manchester, M112
£1,10006/240.57 miSaxon Street, Manchester, M402
£1,10006/240.58 miSaxon Street, Manchester, M402
£1,30008/240.58 miSaxon Street, Manchester, M402
£89505/240.59 mi-2
£2,25011/240.6 mi-2
£1,07506/240.61 miPadstow Street, Sports City, Manchester, M402
£1,15008/240.61 miPadstow Street, Sports City, Manchester, M402

Links

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.84 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £135,000

January 9, 2025

Floor Plans

Description

  • Mortgage Buyers Welcome +
  • Great For First Time Buyers +
  • Great Investment +
  • Close To The CO-OP Arena +
  • Close to Metrolink +
  • Great Access to City Centre +
  • Fifth Floor Apartment +
  • Two Double Bedrooms +
  • Private Balcony +
  • No Chain Delay +

Located close to the Etihad football stadium with an abundance of sports facilities on the doorstep and just 5 minutes' drive to the vibrant Manchester city centre with it's fantastic mix of restaurants, bars & fashion boutiques to satisfy every urban living lifestyle.

Built to a good specification with fitted kitchen and bathroom, spacious open plan living/dining area, this two bedroom apartment has been stylishly furnished in a contemporary style. Positioned on the 5th floor this apartment benefits from a walk on balcony overlooking landscaped gardens and comes with secure parking.

Mortgage Buyers Welcome.

Subject to contract. EPC rating B.

Agent Details

Thornley Groves, Manchester Southern Gateway

0161 524 4726

Next Steps?

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

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