5 Bed HMO, Manchester, M21 0AT £440,000

18 Keppel Road, Chorlton, Manchester, M21 0AT - 3 views - 10 months ago
Sold STC
HMO
ROI: 5%
190 m²
Property image

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
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£110,000

Stamp Duty & Legal Fees

£35,200

Total Cash In

£145,200

 

 

Cash Out

 

Room Rate

£667

Gross Rent

£3,335

Running Costs/mo

£2,691

Cashflow/mo

£644

Cashflow/yr

£7,726

ROI

5%

Gross Yield

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
Beds
 
£623K11/220.09 mi57, Keppel Road, Manchester, Greater Manchester M21 0BP5
£667.5K05/210.1 mi21, Keppel Road, Manchester, Greater Manchester M21 0BP5
£607K09/230.13 mi33, Brundretts Road, Manchester, Greater Manchester M21 9DA5
£830K08/230.16 mi11, Groby Road, Manchester, Greater Manchester M21 8AF5
£755K09/210.17 mi8, Chatfield Road, Manchester, Greater Manchester M21 8UR5
£833K02/240.19 mi22, Oswald Road, Manchester M21 9LP5
£833K02/240.19 mi22, Oswald Road, Manchester M21 9LP5
£625K10/230.21 mi10, Oak Avenue, Manchester, Greater Manchester M21 8BB5
£720K10/230.25 mi3, Vincent Avenue, Manchester, Greater Manchester M21 9GR5
£777K01/230.25 mi6, Chestnut Avenue, Manchester, Greater Manchester M21 8BE5
£680K05/230.26 mi51, High Lane, Manchester, Greater Manchester M21 9FA5
£705K12/210.27 mi16, Ellesmere Road, Manchester, Greater Manchester M21 0SR5
£570K08/230.28 mi231, Manley Road, Manchester, Greater Manchester M21 0RB5
£915K12/220.29 mi14, Ellesmere Road, Manchester, Greater Manchester M21 0SR5
£800K06/230.29 mi11, High Lane, Manchester, Greater Manchester M21 9DJ5
£800K09/230.31 mi1a, Chequers Road, Manchester, Greater Manchester M21 9DX5
£900K11/210.32 mi8, Chandos Road, Manchester, Greater Manchester M21 0ST5
£605K06/210.32 mi8, Clarendon Road West, Manchester, Greater Manchester M21 0RW5
£319.3K03/250.32 mi36, Chequers Road, Manchester, Greater Manchester M21 9DY5
£319.3K03/250.34 mi36, Chequers Road, Manchester M21 9DY5
£474.5K09/210.34 mi13, Grange Road, Manchester, Greater Manchester M21 9NZ5
£932K10/230.35 mi13, Chandos Road South, Manchester, Greater Manchester M21 0TH5
£520K01/230.38 mi90, St Werburghs Road, Manchester, Greater Manchester M21 0UL5
£675K09/240.45 mi51, White Moss Avenue, Manchester M21 0XS5
£675K09/240.45 mi51, White Moss Avenue, Manchester M21 0XS5
£560K10/220.47 mi13, Dovecote Mews, Manchester, Greater Manchester M21 9HN5
£485K06/210.51 mi255, Kings Road, Chorlton Cum Hardy, Manchester, Greater Manchester M21 0XG5
£740K02/240.51 mi13, Daresbury Road, Manchester, Greater Manchester M21 9NA5
£450K11/210.52 mi29, Broseley Road, Manchester, Greater Manchester M16 0FZ5
£647.5K10/230.54 mi238, Ryebank Road, Chorlton Cum Hardy, Manchester, Greater Manchester M21 9LU5
£251K08/230.6 mi101, Manley Road, Manchester, Greater Manchester M16 8WE5
£660K03/250.62 mi131, College Road, Manchester M16 0AA5
£660K03/250.62 mi131, College Road, Manchester M16 0AA5
£797K03/230.65 mi155, College Road, Manchester, Greater Manchester M16 0AA5
£835K03/250.66 mi12, Chatham Road, Manchester M16 0DR5
£835K03/250.66 mi12, Chatham Road, Manchester M16 0DR5
£316K10/210.68 mi8, Russell Avenue, Manchester, Greater Manchester M16 8JQ5
£625K07/250.72 mi375, Barlow Moor Road, Manchester M21 7FZ5
£365K03/250.73 mi25, Grosvenor Road, Manchester M16 8JP5
£488.6K10/240.75 mi15, Hazel Avenue, Manchester, Greater Manchester M16 8DY5
£365K03/250.75 mi25, Grosvenor Road, Manchester, Greater Manchester M16 8JP5
£385K05/210.75 mi164, Seymour Grove, Manchester, Greater Manchester M16 9GR5
£617.5K04/240.79 mi11, Wood Road, Manchester, Greater Manchester M16 9RB5
£775K10/220.79 mi5, Wood Road, Manchester, Greater Manchester M16 9RB5
£765K12/240.81 mi24, Redland Crescent, Manchester M21 8DL5
£670K10/210.86 mi20, Kenwood Road, Stretford, Manchester, Greater Manchester M32 8PT5
£525K01/240.87 mi56, Manley Road, Manchester, Greater Manchester M16 8HP5
£840K04/250.88 mi65, Kenwood Road, Stretford M32 8PS5
£840K04/250.88 mi65, Kenwood Road, Stretford M32 8PS5
£405K05/230.93 mi43, New Barns Avenue, Manchester, Greater Manchester M21 7DB5

Local Area Statistics

Population in M21

29,233

Population in Manchester

920,095

Town centre distance

1.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+40%

Property History

Listed for £440,000

January 14, 2025

Floor Plans

Property image

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.

Agent Details

JP & Brimelow, South Manchester

0161 524 5506

Next Steps?

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