2 Bed Semi-Detached House, Single Let, Manchester, M43 6FT, £160,000

Old Farm Crescent, Droylsden, M43 6FT - 4 months ago

Sold STC

BTL

ROI: 4%

~68 m²

+4 photos

ValuationOvervalued

Sold Prices	£89K - £222K
Sold Prices/m²	£1.3K/m² - £4.7K/m²

Square Metres	~68.11 m²
Price/m²	£2.3K/m²
Value Estimate	£126,725£126,725

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£40,000£40,000
Stamp Duty & Legal Fees	£9,900£9,900
Total Cash In	£49,900£49,900

Cash Out
Rent Range	£800 - £3,250£800 - £3,250
Rent Estimate	£869
Running Costs/mo	£694£694
Cashflow/mo	£175£175
Cashflow/yr	£2,102£2,102
ROI	4%4%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £89K to £222K, average is £138.5K. £1.3K/m² to £4.7K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£134.9K	12/20	0.11 mi	31, Farrar Road, Droylsden, Manchester, Greater Manchester M43 6FX	£2,212	61	2	Semi-Detached House
£133.5K	03/21	0.12 mi	229, Fairfield Road, Droylsden, Manchester, Greater Manchester M43 6AL	£1,405	95	2	Terraced House
£137K	06/21	0.14 mi	63, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP	£1,851	74	2	Terraced House
£118K	12/20	0.14 mi	35, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP	£1,761	67	2	Terraced House
£112K	01/21	0.14 mi	47, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP	£1,577	71	2	Terraced House
£133.5K	06/21	0.18 mi	10, Maddison Road, Droylsden, Manchester, Greater Manchester M43 6ES	£2,189	61	2	Semi-Detached House
£175K	09/23	0.18 mi	21, Maddison Road, Droylsden, Manchester, Greater Manchester M43 6ES	£2,215	79	2	Semi-Detached House
£134.9K	12/20	0.18 mi	17, Beech Avenue, Droylsden, Manchester, Greater Manchester M43 6FR	£2,109	64	2	Semi-Detached House
£190K	02/24	0.18 mi	3, Foxley Close, Droylsden, Manchester, Greater Manchester M43 6HS	£3,065	62	2	Semi-Detached House
£153K	05/21	0.19 mi	25, Carpenters Walk, Droylsden, Manchester, Greater Manchester M43 6LZ	£2,684	57	2	Semi-Detached House
£135K	03/21	0.2 mi	1, Copperas Lane, Droylsden, Manchester, Greater Manchester M43 6HP	-	-	2	Semi-Detached House
£160K	01/23	0.2 mi	26, Carpenters Walk, Droylsden, Manchester, Greater Manchester M43 6LZ	-	-	2	Semi-Detached House
£156K	12/20	0.2 mi	29, Mellor Street, Droylsden, Manchester, Greater Manchester M43 6ER	£2,557	61	2	Semi-Detached House
£155K	09/21	0.21 mi	16, Rainow Avenue, Droylsden, Manchester, Greater Manchester M43 6HW	-	-	2	Semi-Detached House
£164K	02/21	0.21 mi	4, Rainow Avenue, Droylsden, Manchester, Greater Manchester M43 6HW	£1,726	95	2	Semi-Detached House
£89K	11/20	0.23 mi	4, Burman Street, Manchester, Greater Manchester M11 1EY	-	-	2	Terraced House
£115K	04/21	0.25 mi	271, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6HF	£1,917	60	2	Terraced House
£150K	02/23	0.26 mi	94, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA	£2,206	68	2	Terraced House
£192K	11/23	0.28 mi	2, Mere Avenue, Droylsden, Manchester, Greater Manchester M43 6BF	-	-	2	Semi-Detached House
£145K	01/23	0.28 mi	126, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA	£1,768	82	2	Terraced House
£127.5K	01/24	0.29 mi	307, Fairfield Road, Droylsden, Manchester, Greater Manchester M43 6EB	£1,992	64	2	Terraced House
£180K	11/23	0.31 mi	32, Keston Avenue, Droylsden, Manchester, Greater Manchester M43 6BL	£2,466	73	2	Semi-Detached House
£180K	04/23	0.31 mi	22, Keston Avenue, Droylsden, Manchester, Greater Manchester M43 6BL	-	-	2	Semi-Detached House
£128.5K	03/21	0.31 mi	9, Keston Avenue, Droylsden, Manchester, Greater Manchester M43 6BL	£1,760	73	2	Semi-Detached House
£148K	11/21	0.31 mi	4, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BJ	£1,973	75	2	Semi-Detached House
£155K	03/21	0.33 mi	13, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BN	£2,422	64	2	Semi-Detached House
£210.5K	11/23	0.33 mi	17, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BN	£2,924	72	2	Semi-Detached House
£159K	04/21	0.37 mi	2, Merton Drive, Droylsden, Manchester, Greater Manchester M43 6BH	£2,013	79	2	Semi-Detached House
£144K	04/21	0.38 mi	46, Delamere Street, Manchester, Greater Manchester M11 1JY	£1,694	85	2	Terraced House
£115K	12/20	0.4 mi	203, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JA	£1,797	64	2	Terraced House
£145K	12/20	0.4 mi	16, Bendall Street, Manchester, Greater Manchester M11 1GE	-	-	2	Semi-Detached House
£197K	11/22	0.41 mi	50, Broadway, Droylsden, Manchester, Greater Manchester M43 6FE	-	-	2	Semi-Detached House
£118.5K	10/22	0.41 mi	77, Wheler Street, Manchester, Greater Manchester M11 1DT	£1,769	67	2	Terraced House
£120.7K	06/21	0.42 mi	20, Gorseyfields, Droylsden, Manchester, Greater Manchester M43 6DZ	-	-	2	Terraced House
£132.1K	01/23	0.44 mi	54, Wheler Street, Manchester, Greater Manchester M11 1DF	£1,861	71	2	Terraced House
£150K	06/21	0.46 mi	16, Westway, Droylsden, Manchester, Greater Manchester M43 6FH	-	-	2	Terraced House
£105K	01/21	0.47 mi	28, Vine Street, Manchester, Greater Manchester M11 1LJ	£1,265	83	2	Terraced House
£124K	03/21	0.48 mi	85, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY	-	-	2	Terraced House
£166K	08/23	0.48 mi	95, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY	-	-	2	Terraced House
£124K	03/21	0.48 mi	85, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY	-	-	2	Terraced House
£110K	01/21	0.48 mi	93, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY	£1,692	65	2	Terraced House
£137K	02/23	0.48 mi	16, Ribble Walk, Droylsden, Manchester, Greater Manchester M43 7UP	£1,671	82	2	Terraced House
£137K	09/23	0.51 mi	13, Moorcroft Street, Droylsden, Manchester, Greater Manchester M43 7YB	£1,257	109	2	Terraced House
£110.5K	06/21	0.51 mi	70, Ackroyd Street, Manchester, Greater Manchester M11 1WT	£1,300	85	2	Semi-Detached House
£110K	12/20	0.52 mi	105, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TJ	£1,450	76	2	Terraced House
£117.5K	04/21	0.52 mi	34, Buckingham Road, Droylsden, Manchester, Greater Manchester M43 6WF	-	-	2	Semi-Detached House
£160K	08/23	0.53 mi	460, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6QZ	-	-	2	Terraced House
£140K	02/24	0.54 mi	47, Courier Street, Manchester, Greater Manchester M18 8SY	£1,728	81	2	Terraced House
£161K	11/22	0.54 mi	20, Tinningham Close, Manchester, Greater Manchester M11 1NB	£3,286	49	2	Detached House
£222K	02/23	0.55 mi	15, Brinklow Close, Manchester, Greater Manchester M11 1NH	£4,723	47	2	Detached House

Local Rents

48 rents from £800/mo to £3.3K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	04/24	0.07 mi	-	2	Semi-Detached House
£850	04/25	0.15 mi	-	2	Terraced House
£1,050	11/24	0.15 mi	-	2	Semi-Detached House
£1,150	05/24	0.17 mi	High Bank Road, Droylsden, Manchester, M43	2	Detached House
£1,000	05/24	0.18 mi	High Bank Road, Droylsden, Manchester, M43 6ET	2	Detached House
£1,100	04/24	0.2 mi	-	2	Semi-Detached House
£950	07/24	0.23 mi	Manchester Road, Droylsden, Manchester, M43	2	Terraced House
£950	07/24	0.23 mi	Manchester Road, Droylsden, Manchester, M43	2	Terraced House
£1,250	12/24	0.23 mi	-	2	Semi-Detached House
£1,200	05/24	0.26 mi	-	2	Flat
£950	05/24	0.3 mi	-	2	Semi-Detached House
£3,250	06/24	0.31 mi	-	2	Terraced House
£975	05/24	0.31 mi	Keston Avenue, Manchester, Greater Manchester, M9	2	Flat
£900	08/24	0.32 mi	Buxton Lane, Droylsden, Manchester, Greater Manchester, M43	2	House
£975	07/24	0.33 mi	Old Mill Wharf, Droylsden, Manchester	2	Flat
£950	08/24	0.33 mi	Durham Street, Droylsden, Manchester	2	Terraced House
£900	06/24	0.34 mi	-	2	Terraced House
£900	05/24	0.34 mi	St. Andrews Avenue, Droylsden, Manchester, M43	2	Terraced House
£900	06/24	0.34 mi	St. Andrews Avenue, Droylsden, Manchester, M43	2	Terraced House
£1,200	05/24	0.34 mi	Eastwood Avenue, Droyslden, M43	2	Detached House
£2,400	03/25	0.36 mi	-	2	Terraced House
£950	09/24	0.37 mi	-	2	Flat
£1,100	03/25	0.37 mi	-	2	Flat
£1,000	05/24	0.37 mi	-	2	Flat
£1,000	07/24	0.37 mi	-	2	Flat
£1,200	09/24	0.37 mi	-	2	Flat
£1,100	11/24	0.37 mi	-	2	Flat
£1,000	05/24	0.37 mi	Droylsden, Manchester, M43	2	Flat
£1,000	06/24	0.37 mi	Droylsden, Manchester, M43	2	Flat
£1,200	08/24	0.37 mi	Bridgewater Wharf, Droylsden, Manchester, M43	2	Flat
£925	10/24	0.38 mi	-	2	Terraced House
£1,000	05/24	0.38 mi	Ashton Old Road, Manchester, Greater Manchester, M11	2	Flat
£1,200	05/24	0.39 mi	-	2	Terraced House
£900	10/24	0.4 mi	-	2	Terraced House
£1,299	12/24	0.4 mi	-	2	Terraced House
£1,000	05/24	0.4 mi	Campbell House, Ashton Road, Openshaw	2	Flat
£1,025	05/24	0.4 mi	Campbell House, Ashton Road, Openshaw	2	Flat
£1,050	06/24	0.41 mi	Market Street, Droyslden, Manchester, M43	2	House
£925	06/24	0.41 mi	Old Mill Wharf, Droylsden, Manchester	2	Flat
£1,050	07/24	0.41 mi	Old Mill Wharf, Droylsden, Manchester	2	Flat
£1,000	06/24	0.42 mi	Gorseyfields, Droylsden, Tameside, M43	2	Terraced House
£800	03/25	0.43 mi	-	2	Flat
£950	05/24	0.47 mi	Montana Square, Manchester, M11	2	Terraced House
£950	05/24	0.47 mi	-	2	Terraced House
£1,200	04/25	0.49 mi	-	2	Terraced House
£875	05/24	0.51 mi	Williamson Lane, Droylsden, Manchester	2	Terraced House
£850	08/24	0.51 mi	Williamson Lane, Droylsden, Manchester, M43	2	Terraced House
£850	09/24	0.51 mi	-	2	Terraced House

Local Area Statistics

Population in M43	23,03723,037
Population in Manchester	920,095920,095
Town centre distance	4.15 miles away4.15 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.46 miles away0.46 miles away

Rental growth (12m)	+25%+25%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+59%+59%

Property History

Listed for £160,000

January 10, 2025

Floor Plans

Description

TWO BEDROOMED QUASI SEMI +
READY TO MOVE IN TO +
POPULAR LOCATION +
NO VENDOR CHAIN +
MUST BE VIEWED +
CLOSE TO TRANSPORT LINKS +
FRONT AND REAR GARDEN +
DRIVEWAY PARKING +
SPACIOUS LOUNGE +
FITTED KITCHEN +

* DROP YOUR BAGS AND MOVE STRAIGHT IN* SLEIGH AND SON are proud to welcome to the open market this TWO DOUBLE BEDROOMED mid quasi semi detached property for sale with NO VENDOR CHAIN! This property has many benefits to it, including two double bedrooms, fitted kitchen, DRIVEWAY PARKING, garden to the front, and a larger than average garden to the rear, making it an ideal purchase for a first time buyer looking to get onto the property ladder or a buy to let investor looking to enhance their portfolio. This potential home is conveniently located close to local schools, amenities and the Metro link stop into Manchester city centre. The property is warmed via gas central heating and uPVC double glazing is installed throughout.
Briefly the accommodation comprises:- Entrance hallway, lounge and kitchen to the ground floor. Two bedrooms and bathroom to the first floor.
Traditional brick built tiled roof. There is mains electric, gas, water (unmetered) and sewerage at the property. Council tax band A. FREEHOLD.

ENTRANCE HALL: uPVC double glazed entrance door to the front elevation. Staircase to the first floor. Door into the lounge. Light point.

LOUNGE: uPVC double glazed window to the front elevation. uPVC double glazed window to the rear elevation. Gas fire with marble hearth, surround and mantle. Radiator. Light and power points. Glazed door into the kitchen.

KITCHEN: uPVC double glazed window to the side elevation. uPVC double glazed window to the rear elevation. A range of fitted wall and base units with roll edge worktops. Integrated oven, gas hobs and extractor fan. Space for a washing machine and fridge freezer. Stainless steel sink and drainer with hot and cold taps. Radiator. Light and power points. uPVC double glazed exit door to the side elevation.

STAIRCASE AND LANDING: Loft hatch. Light point. Doors into the bedroom and bathroom.

MASTER BEDROOM: uPVC double glazed window to the front elevation. Radiator. Light and power points.

BEDROOM TWO: uPVC double glazed window to the rear elevation. Radiator. Light and power points.

BATHROOM: uPVC double glazed privacy window to the rear elevation. Panel bathtub with hot and cold taps. Hand wash basin with hot and cold taps. Low level w/c. Storage cupboard. Fully tiled. Light point.

EXTERNAL: To the front - Paved driveway and walkway. Enclosed with case iron gates.

To the rear - Paved patio leading to lawn and a decked area. Fully enclosed with fence panels.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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

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