4 Bed Terraced House, Refurb/BRRR, Manchester, M34 2WB, £180,000

Laburnum Road, Denton, Manchester, Greater Manchester, M34 2WB - 59 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~129 m²
+4 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Refurb Costs

£54,483

Bridging Loan Interest

£4,725

Total Cash In

£112,558

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£282,451

Agent Fees (1%)

£2,825

Bridging Loan

£135,000

Bridging Loan Interest

£4,725

Flip Profit

£32,069













Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50004/250.06 mi-4
£1,45002/250.08 mi-4
£1,55004/250.08 mi-4
£1,39511/240.1 mi-4
£1,55012/230.12 mi-3
£1,20012/240.13 miRoyston Avenue, Denton, Manchester, Greater Manchester, M343
£1,35012/240.13 mi-3
£1,25005/240.14 miOrwell Avenue, Dane Bank, M343
£1,80006/240.16 mi-4
£3,30012/240.18 mi-3
£3,30002/250.18 mi-3
£3,30002/250.18 mi-3
£2,60002/250.18 mi-3
£1,19505/240.19 miMayfield Grove, Manchester, M183
£1,35006/240.19 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.19 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.19 miDorlan Avenue, Gorton, Manchester, M183
£1,20009/240.26 miThornley Lane North, Stockport3
£1,29505/240.27 mi-3
£1,25002/250.3 mi-3
£1,30005/240.33 miManchester road, Denton, M344
£1,25006/240.34 miManchester Road, Denton, Manchester4
£1,30012/240.34 mi-3
£1,35005/240.35 mi-4
£1,40011/240.35 mi-4
£1,27509/240.41 mi-3
£1,30008/240.42 miCromwell Avenue, Stockport, Cheshire, SK54
£1,20002/250.42 mi-3
£1,35004/240.44 mi-3
£1,35005/240.44 miWindsor Road, Denton, Manchester, M343
£1,35012/240.44 mi-3
£1,20005/240.45 miWoodland Avenue, Gorton, Manchester, M18 7HF3
£1,10009/240.48 mi-3
£1,55012/240.5 mi-3
£1,55012/240.5 mi-3
£1,45002/250.5 mi-3
£1,55006/240.5 miStainton Avenue, Manchester, M183
£1,30003/250.51 mi-3
£1,45004/250.56 mi-3
£1,35008/240.56 miCravenwood Road, Reddish, Stockport, Greater Manchester, SK53
£1,50004/250.57 mi-3
£1,50002/240.57 mi-3
£1,05008/240.57 mi-3
£1,35012/240.59 mi-3
£1,30009/240.59 mi-3
£1,50005/240.6 miShillingford Road, Manchester, M183
£1,50005/240.6 miRainshaw Lane, Manchester, M183
£1,39002/240.6 mi-3
£1,30005/240.6 mi-3
£1,60005/240.6 mi-3

Local Area Statistics

Population in M34

46,114

Population in Manchester

920,095

Town centre distance

4 miles away

Nearest school

0.30 miles away

Nearest train station

0.54 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £180,000

January 13, 2025

Floor Plans

Description

Nestled in the sought-after location of Dane Bank, this delightful four-bedroom end terrace home presents an exciting opportunity for those with a vision. Boasting two spacious reception rooms flooded with natural light, this residence offers ample space for both relaxation and entertaining.

As you step inside, the potential is immediately apparent. Each room invites your creative touch, allowing you to transform this blank canvas into your dream abode. The generous layout is perfect for family gatherings or cosy evenings in, while the intimate charm of the neighbourhood beckons you to make lasting memories.

With no chain delay, you can embark on your homeownership journey without the usual waiting game. Imagine the bliss of designing your surroundings in a community renowned for its warmth and friendliness.

While this property is in need of updating, it provides an invaluable opportunity to inject your personality and style into every corner.

Don't miss your chance to breathe new life into this charming residence and create the home of your dreams in a location that truly feels like home. Embrace the possibilities and make it yours today!

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

HYD250022/2

Agent Details

Reeds Rains, Hyde

0161 524 5472

Next Steps?

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