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5 Bed HMO, Manchester, M21 0AT £440,000
ValuationUndervalued
| Sold Prices | £251K - £932K |
| Sold Prices/m² | £1.8K/m² - £6.3K/m² |
| |
Square Metres | 190 m² |
| Price/m² | £2.3K/m² |
Value Estimate | £532,400£532,400 |
| BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £110,000£110,000 |
Stamp Duty & Legal Fees | £35,200£35,200 |
Total Cash In | £145,200£145,200 |
| |
Cash Out | |
Room Rate | £667£667 |
Gross Rent | £3,335£3,335 |
Running Costs/mo | £2,691£2,691 |
Cashflow/mo | £644£644 |
Cashflow/yr | £7,726£7,726 |
ROI | 5%5% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £251K to £932K, average is £663.8K. £1.8K/m² to £6.3K/m², average is £3.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £623K | 11/22 | 0.09 mi | 57, Keppel Road, Manchester, Greater Manchester M21 0BP | £3,968 | 157 | 5 | Semi-Detached House | ||
| £667.5K | 05/21 | 0.1 mi | 21, Keppel Road, Manchester, Greater Manchester M21 0BP | £6,001 | 111 | 5 | Semi-Detached House | ||
| £607K | 09/23 | 0.13 mi | 33, Brundretts Road, Manchester, Greater Manchester M21 9DA | - | - | 5 | Terraced House | ||
| £830K | 08/23 | 0.16 mi | 11, Groby Road, Manchester, Greater Manchester M21 8AF | £4,663 | 178 | 5 | Semi-Detached House | ||
| £755K | 09/21 | 0.17 mi | 8, Chatfield Road, Manchester, Greater Manchester M21 8UR | - | - | 5 | Semi-Detached House | ||
| £833K | 02/24 | 0.19 mi | 22, Oswald Road, Manchester M21 9LP | £3,839 | 217 | 5 | Detached House | ||
| £833K | 02/24 | 0.19 mi | 22, Oswald Road, Manchester M21 9LP | - | - | 5 | Detached House | ||
| £625K | 10/23 | 0.21 mi | 10, Oak Avenue, Manchester, Greater Manchester M21 8BB | - | - | 5 | Semi-Detached House | ||
| £720K | 10/23 | 0.25 mi | 3, Vincent Avenue, Manchester, Greater Manchester M21 9GR | - | - | 5 | Terraced House | ||
| £777K | 01/23 | 0.25 mi | 6, Chestnut Avenue, Manchester, Greater Manchester M21 8BE | - | - | 5 | Semi-Detached House | ||
| £680K | 05/23 | 0.26 mi | 51, High Lane, Manchester, Greater Manchester M21 9FA | £4,146 | 164 | 5 | Terraced House | ||
| £705K | 12/21 | 0.27 mi | 16, Ellesmere Road, Manchester, Greater Manchester M21 0SR | - | - | 5 | Semi-Detached House | ||
| £570K | 08/23 | 0.28 mi | 231, Manley Road, Manchester, Greater Manchester M21 0RB | £3,257 | 175 | 5 | Semi-Detached House | ||
| £915K | 12/22 | 0.29 mi | 14, Ellesmere Road, Manchester, Greater Manchester M21 0SR | - | - | 5 | Semi-Detached House | ||
| £800K | 06/23 | 0.29 mi | 11, High Lane, Manchester, Greater Manchester M21 9DJ | £3,571 | 224 | 5 | Terraced House | ||
| £800K | 09/23 | 0.31 mi | 1a, Chequers Road, Manchester, Greater Manchester M21 9DX | £4,848 | 165 | 5 | Semi-Detached House | ||
| £900K | 11/21 | 0.32 mi | 8, Chandos Road, Manchester, Greater Manchester M21 0ST | - | - | 5 | Semi-Detached House | ||
| £605K | 06/21 | 0.32 mi | 8, Clarendon Road West, Manchester, Greater Manchester M21 0RW | - | - | 5 | Semi-Detached House | ||
| £319.3K | 03/25 | 0.32 mi | 36, Chequers Road, Manchester, Greater Manchester M21 9DY | £1,784 | 179 | 5 | Terraced House | ||
| £319.3K | 03/25 | 0.34 mi | 36, Chequers Road, Manchester M21 9DY | £1,784 | 179 | 5 | Terraced House | ||
| £474.5K | 09/21 | 0.34 mi | 13, Grange Road, Manchester, Greater Manchester M21 9NZ | £3,464 | 137 | 5 | Terraced House | ||
| £932K | 10/23 | 0.35 mi | 13, Chandos Road South, Manchester, Greater Manchester M21 0TH | - | - | 5 | Semi-Detached House | ||
| £520K | 01/23 | 0.38 mi | 90, St Werburghs Road, Manchester, Greater Manchester M21 0UL | £2,781 | 187 | 5 | Semi-Detached House | ||
| £675K | 09/24 | 0.45 mi | 51, White Moss Avenue, Manchester M21 0XS | £4,927 | 137 | 5 | Detached House | ||
| £675K | 09/24 | 0.45 mi | 51, White Moss Avenue, Manchester M21 0XS | - | - | 5 | Detached House | ||
| £560K | 10/22 | 0.47 mi | 13, Dovecote Mews, Manchester, Greater Manchester M21 9HN | £4,905 | 114 | 5 | Terraced House | ||
| £485K | 06/21 | 0.51 mi | 255, Kings Road, Chorlton Cum Hardy, Manchester, Greater Manchester M21 0XG | £3,170 | 153 | 5 | Semi-Detached House | ||
| £740K | 02/24 | 0.51 mi | 13, Daresbury Road, Manchester, Greater Manchester M21 9NA | £5,649 | 131 | 5 | Semi-Detached House | ||
| £450K | 11/21 | 0.52 mi | 29, Broseley Road, Manchester, Greater Manchester M16 0FZ | - | - | 5 | Semi-Detached House | ||
| £647.5K | 10/23 | 0.54 mi | 238, Ryebank Road, Chorlton Cum Hardy, Manchester, Greater Manchester M21 9LU | - | - | 5 | Semi-Detached House | ||
| £251K | 08/23 | 0.6 mi | 101, Manley Road, Manchester, Greater Manchester M16 8WE | - | - | 5 | Semi-Detached House | ||
| £660K | 03/25 | 0.62 mi | 131, College Road, Manchester M16 0AA | £3,235 | 204 | 5 | Semi-Detached House | ||
| £660K | 03/25 | 0.62 mi | 131, College Road, Manchester M16 0AA | - | - | 5 | Semi-Detached House | ||
| £797K | 03/23 | 0.65 mi | 155, College Road, Manchester, Greater Manchester M16 0AA | £6,276 | 127 | 5 | Semi-Detached House | ||
| £835K | 03/25 | 0.66 mi | 12, Chatham Road, Manchester M16 0DR | £3,939 | 212 | 5 | Detached House | ||
| £835K | 03/25 | 0.66 mi | 12, Chatham Road, Manchester M16 0DR | - | - | 5 | Detached House | ||
| £316K | 10/21 | 0.68 mi | 8, Russell Avenue, Manchester, Greater Manchester M16 8JQ | - | - | 5 | Terraced House | ||
| £625K | 07/25 | 0.72 mi | 375, Barlow Moor Road, Manchester M21 7FZ | - | - | 5 | Semi-Detached House | ||
| £365K | 03/25 | 0.73 mi | 25, Grosvenor Road, Manchester M16 8JP | - | - | 5 | Semi-Detached House | ||
| £488.6K | 10/24 | 0.75 mi | 15, Hazel Avenue, Manchester, Greater Manchester M16 8DY | £3,257 | 150 | 5 | Semi-Detached House | ||
| £365K | 03/25 | 0.75 mi | 25, Grosvenor Road, Manchester, Greater Manchester M16 8JP | £2,589 | 141 | 5 | Semi-Detached House | ||
| £385K | 05/21 | 0.75 mi | 164, Seymour Grove, Manchester, Greater Manchester M16 9GR | £2,163 | 178 | 5 | Semi-Detached House | ||
| £617.5K | 04/24 | 0.79 mi | 11, Wood Road, Manchester, Greater Manchester M16 9RB | £3,057 | 202 | 5 | Semi-Detached House | ||
| £775K | 10/22 | 0.79 mi | 5, Wood Road, Manchester, Greater Manchester M16 9RB | - | - | 5 | Semi-Detached House | ||
| £765K | 12/24 | 0.81 mi | 24, Redland Crescent, Manchester M21 8DL | £6,322 | 121 | 5 | Semi-Detached House | ||
| £670K | 10/21 | 0.86 mi | 20, Kenwood Road, Stretford, Manchester, Greater Manchester M32 8PT | - | - | 5 | Semi-Detached House | ||
| £525K | 01/24 | 0.87 mi | 56, Manley Road, Manchester, Greater Manchester M16 8HP | £2,720 | 193 | 5 | Semi-Detached House | ||
| £840K | 04/25 | 0.88 mi | 65, Kenwood Road, Stretford M32 8PS | £4,421 | 190 | 5 | Semi-Detached House | ||
| £840K | 04/25 | 0.88 mi | 65, Kenwood Road, Stretford M32 8PS | - | - | 5 | Semi-Detached House | ||
| £405K | 05/23 | 0.93 mi | 43, New Barns Avenue, Manchester, Greater Manchester M21 7DB | £2,852 | 142 | 5 | Semi-Detached House |
Local Area Statistics
Population in M21 | 29,23329,233 |
Population in Manchester | 920,095920,095 |
Town centre distance | 1.34 miles away1.34 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.12 miles away0.12 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -12%-12% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +40%+40% |
Property History
Listed for £440,000
January 14, 2025
Floor Plans
Description
*VIDEO TOUR AVAILABLE* An excellent opportunity to acquire this FIVE DOUBLE BEDROOM fully licenced HMO period property. *IMAGES TAKEN WHILST TENANTED* This charming bay-fronted Victorian semi-detached home is located in the heart of Chorlton. Within walking distance of the Metrolink station on Wilbraham Road, offering direct access to the city. Close to Manchester Road with its array of independent shops, cafes, and local amenities, as well as nearby Oswald Road's highly regarded primary schools and the green spaces of Longford Park. The well-planned accommodation consists of a vestibule, an entrance hallway, a lounge with a bay window to the front aspect with stripped and varnished wooden floor boards, a fitted kitchen/diner with access out into the rear, enclosed, courtyard style garden and a double bedroom to the ground floor. There is a useful chamber cellar, providing storage. To the first floor there is a landing leading to two well-proportioned double bedrooms, a three-piece shower room and an additional four-piece bathroom. The second floor reveals a landing with two further double bedroom, completing this four-storey property. The property also benefits from original period features, such as picture railings and ceiling coving, has a shared driveway and is warmed by gas fired central heating. Close by to great transport links, with bus routes providing easy-access to Manchester city centre and Universities. Please note The vendor is selling this investment opportunity as it is.
Externally - To the front aspect there is a driveway providing off road parking. To the rear aspect there is a raised patio area ideal for a table and chairs, a lawned garden with mature trees and bushes within it. The garden is enclosed with timber fencing to the neighbouring properties.
Financial Services - We believe that by introducing our clients to specialist advisors who provide simple, sensible, mortgage & protection advice we can help our clients make fully informed decisions giving them the confidence that they are getting the right deal from the start.
Our partners are committed to offering a tailor-made personal and professional service and aim to exceed expectations on every level, specialising in finding the best mortgage & protection products to suit your particular needs.
If you wish to take the opportunity to speak with our partner advisors at Bespoke Mortgage; Bridget and Mark can be reached on or
Aml - (Anti-Money Laundering). - We are required by law and HMRC guidelines to carry out anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.