3 Bed Semi-Detached House, Refurb/BRRR, Atherton, M46 9PU, £150,000

4 Kirby Avenue, Atherton, M46 9PU - 3 months ago

Sold STC

Refurb/BRRR

ROI: 4%

~69 m²

+18 photos

ValuationOvervalued

Sold Prices	£84K - £200K
Sold Prices/m²	£1.1K/m² - £2.6K/m²

Square Metres	~69.40 m²
Price/m²	£2.2K/m²
Value Estimate	£123,250£123,250

End Value (After Refurb)	£148,625£148,625

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£9,200£9,200
Refurb Costs	£29,252£29,252
Bridging Loan Interest	£3,938£3,938
Total Cash In	£81,640£81,640

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£148,625£148,625
Mortgage (After Refinance)	£111,469£111,469
Mortgage LTV	75%75%
Cash Left In	£81,640£81,640
Equity	£37,156£37,156
Rent Range	£850 - £1,195£850 - £1,195
Rent Estimate	£952
Running Costs/mo	£675£675
Cashflow/mo	£277£277
Cashflow/yr	£3,326£3,326
ROI	4%4%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £84K to £200K, average is £148.8K. £1.1K/m² to £2.6K/m², average is £1.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£150K	04/23	0.06 mi	30, Kent Road, Atherton, Manchester, Greater Manchester M46 9TF	£2,113	71	3	Semi-Detached House
£165K	06/23	0.06 mi	17, Kent Road, Atherton, Manchester, Greater Manchester M46 9TF	£2,357	70	3	Semi-Detached House
£130K	01/21	0.07 mi	149, Devonshire Road, Atherton, Manchester, Greater Manchester M46 9GA	£1,857	70	3	Semi-Detached House
£130K	11/22	0.07 mi	173, Devonshire Road, Atherton, Manchester, Greater Manchester M46 9GA	£1,757	74	3	Semi-Detached House
£84K	12/20	0.08 mi	23, Dorset Road, Atherton, Manchester, Greater Manchester M46 9PP	£1,200	70	3	Semi-Detached House
£84K	12/20	0.08 mi	23, Dorset Road, Atherton, Manchester, Greater Manchester M46 9PP	£1,200	70	3	Semi-Detached House
£105K	06/23	0.11 mi	17, Seaforth Avenue, Atherton, Manchester, Greater Manchester M46 9TD	£1,513	69	3	Semi-Detached House
£138K	06/23	0.11 mi	9, Dorset Road, Atherton, Manchester, Greater Manchester M46 9GJ	£1,979	70	3	Semi-Detached House
£165K	02/23	0.12 mi	66, Norfolk Road, Atherton, Manchester, Greater Manchester M46 9PS	-	-	3	Semi-Detached House
£147.5K	03/21	0.14 mi	2, Knowsley Avenue, Atherton, Manchester, Greater Manchester M46 9QJ	£2,114	70	3	Semi-Detached House
£140K	12/20	0.15 mi	209, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0WY	-	-	3	Semi-Detached House
£135K	12/22	0.15 mi	128, Devonshire Road, Atherton, Manchester, Greater Manchester M46 9QA	-	-	3	Semi-Detached House
£145K	12/20	0.18 mi	11, Gregory Avenue, Atherton, Manchester, Greater Manchester M46 9NX	£1,726	84	3	Semi-Detached House
£175K	05/23	0.18 mi	3, Gregory Avenue, Atherton, Manchester, Greater Manchester M46 9NX	£2,273	77	3	Semi-Detached House
£153.5K	10/21	0.18 mi	7, Wavertree Avenue, Atherton, Manchester, Greater Manchester M46 9GH	£2,193	70	3	Semi-Detached House
£162K	10/21	0.19 mi	249, Devonshire Road, Atherton, Manchester, Greater Manchester M46 9QB	£1,929	84	3	Semi-Detached House
£124K	11/21	0.19 mi	247, Devonshire Road, Atherton, Manchester, Greater Manchester M46 9QB	-	-	3	Semi-Detached House
£169K	12/22	0.19 mi	269, Devonshire Road, Atherton, Manchester, Greater Manchester M46 9QB	£1,943	87	3	Detached House
£85K	09/23	0.2 mi	70, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0HZ	£1,090	78	3	Semi-Detached House
£155K	04/24	0.2 mi	44, Somerset Road, Atherton, Manchester, Greater Manchester M46 9QF	£1,890	82	3	Semi-Detached House
£124.3K	05/23	0.21 mi	131, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0HY	£1,554	80	3	Terraced House
£165K	07/23	0.21 mi	167, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0HY	£2,171	76	3	Semi-Detached House
£128K	08/23	0.22 mi	229, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0HT	£1,684	76	3	Terraced House
£132K	06/21	0.22 mi	279, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0HT	£1,571	84	3	Semi-Detached House
£172K	01/23	0.23 mi	18, Mardale Close, Atherton, Manchester, Greater Manchester M46 9WZ	£2,072	83	3	Semi-Detached House
£133K	12/20	0.23 mi	70, Everest Road, Atherton, Manchester, Greater Manchester M46 9WT	£1,750	76	3	Terraced House
£150K	12/23	0.24 mi	22, Tarleton Avenue, Atherton, Manchester, Greater Manchester M46 9QE	£1,685	89	3	Semi-Detached House
£155K	11/21	0.24 mi	1, Tarleton Avenue, Atherton, Manchester, Greater Manchester M46 9QE	-	-	3	Semi-Detached House
£124K	05/21	0.25 mi	222, Car Bank Street, Atherton, Manchester, Greater Manchester M46 0HU	-	-	3	Semi-Detached House
£200K	05/23	0.25 mi	20, Tensing Avenue, Atherton, Manchester, Greater Manchester M46 9NU	£2,597	77	3	Semi-Detached House
£183K	09/23	0.25 mi	16, Tensing Avenue, Atherton, Manchester, Greater Manchester M46 9NU	-	-	3	Semi-Detached House
£150K	12/20	0.25 mi	5, Tensing Avenue, Atherton, Manchester, Greater Manchester M46 9NU	£1,852	81	3	Semi-Detached House
£149K	04/23	0.25 mi	68, Windermere Avenue, Atherton, Manchester, Greater Manchester M46 9NG	£1,840	81	3	Semi-Detached House
£110K	03/23	0.25 mi	49, Everest Road, Atherton, Manchester, Greater Manchester M46 9WR	£1,199	92	3	Semi-Detached House
£146.5K	08/23	0.25 mi	13, Everest Road, Atherton, Manchester, Greater Manchester M46 9WR	-	-	3	Semi-Detached House
£167K	11/23	0.26 mi	79, Everest Road, Atherton, Manchester, Greater Manchester M46 9NT	£2,141	78	3	Semi-Detached House
£145K	04/23	0.26 mi	115, Everest Road, Atherton, Manchester, Greater Manchester M46 9NT	£1,835	79	3	Semi-Detached House
£165K	11/23	0.26 mi	1, Brierfield Avenue, Atherton, Manchester, Greater Manchester M46 0FH	£1,755	94	3	Semi-Detached House
£145K	06/21	0.28 mi	65, Rainbow Drive, Atherton, Manchester, Greater Manchester M46 9ND	-	-	3	Semi-Detached House
£110K	12/20	0.28 mi	25, Oxford Road, Atherton, Manchester, Greater Manchester M46 9QD	£1,325	83	3	Semi-Detached House
£190K	12/23	0.29 mi	108, Flapper Fold Lane, Atherton, Manchester, Greater Manchester M46 0HA	£2,568	74	3	Semi-Detached House
£160K	11/22	0.3 mi	6, Willow Street, Atherton, Manchester, Greater Manchester M46 0FL	-	-	3	Terraced House
£165K	02/24	0.31 mi	5, Buttercup Close, Atherton, Manchester, Greater Manchester M46 9TW	£2,292	72	3	Semi-Detached House
£149.9K	03/21	0.31 mi	21, Buttercup Close, Atherton, Manchester, Greater Manchester M46 9TW	-	-	3	Detached House
£181K	01/23	0.31 mi	60, Oxford Road, Atherton, Manchester, Greater Manchester M46 9GB	£2,080	87	3	Semi-Detached House
£148.5K	03/21	0.35 mi	26, North Croft, Atherton, Manchester, Greater Manchester M46 0SW	£2,034	73	3	Terraced House
£153K	07/23	0.36 mi	12, Blake Avenue, Atherton, Manchester, Greater Manchester M46 9SR	£1,594	96	3	Terraced House
£128K	07/23	0.36 mi	99, Car Bank Street, Atherton, Manchester, Greater Manchester M46 9NH	-	-	3	Terraced House
£115K	07/21	0.38 mi	26, Car Bank Street, Atherton, Manchester, Greater Manchester M46 9NJ	£1,494	77	3	Semi-Detached House
£160K	11/23	0.38 mi	32, Car Bank Street, Atherton, Manchester, Greater Manchester M46 9NJ	£1,758	91	3	Semi-Detached House

Local Rents

24 rents from £850/mo to £1.2K/mo, average is £925/mo.

Rent	Date	Distance	Address	Beds	Type
£950	03/25	0.02 mi	-	3	Semi-Detached House
£875	05/24	0.11 mi	Ainsdale Avenue, Atherton, Manchester	3	Detached House
£1,050	05/24	0.16 mi	Gregory Avenue, Atherton, M46 9NX	3	Detached House
£875	12/24	0.16 mi	Wavertree Avenue, Atherton, M46	3	Semi-Detached House
£895	12/24	0.2 mi	Car Bank Street, Atherton, Manchester	3	Semi-Detached House
£995	02/24	0.21 mi	-	3	Terraced House
£995	02/25	0.21 mi	-	3	Terraced House
£1,100	03/25	0.22 mi	-	3	Semi-Detached House
£850	12/24	0.24 mi	Devonshire Road, M46	3	Terraced House
£900	05/24	0.25 mi	Windermere Avenue, Atherton, Manchester, Greater Manchester, M46	3	Detached House
£900	06/24	0.27 mi	Spa Road, Atherton, Manchester	3	Semi-Detached House
£900	03/25	0.29 mi	-	3	Semi-Detached House
£1,050	02/25	0.43 mi	-	3	Terraced House
£1,095	03/25	0.44 mi	-	3	Terraced House
£950	01/25	0.45 mi	-	3	Semi-Detached House
£1,000	04/25	0.47 mi	-	3	Terraced House
£1,195	05/24	0.51 mi	Threadneedle Place, Atherton, M46	3	Detached House
£895	02/24	0.51 mi	-	3	Terraced House
£860	02/25	0.55 mi	-	3	Terraced House
£995	05/24	0.56 mi	-	3	Semi-Detached House
£995	05/24	0.56 mi	-	3	Semi-Detached House
£850	05/24	0.62 mi	Barnes Passage, Atherton	3	House
£850	12/24	0.62 mi	Barnes Passage, Atherton	3	Semi-Detached House
£850	05/24	0.62 mi	Barnes Passage, Atherton	3	Semi-Detached House

Local Area Statistics

Population in M46	22,29822,298
Town centre distance	0.64 miles away0.64 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.07 miles away0.07 miles away

Rental growth (12m)	+17%+17%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+45%+45%

Property History

Price changed to £150,000

February 20, 2025

Listed for £160,000

January 15, 2025

Floor Plans

Description

Three Bedroom Semi +
Freehold Plot +
In Need of Updating +
Excellent Potential +
Close to Train Station +
Well Proportioned Sitting Rm +
Kitchen Dining Room +
Three Beds and Family Bathroom +
Driveway +
No Onward Chain +

ARC HOMES are delighted to offer FOR SALE this FREEHOLD three bedroom semi detached property boasting excellent potential. This property is perhaps in need of some cosmetic updating but is situated on a great size plot providing ample parking and is conveniently located within close proximity of a train station. With a competitive asking price and no onward chain, early viewing is highly advised. The property comprises of entrance hallway, spacious sitting room and kitchen dining room. To the first floor there are three generous bedrooms and a family bathroom. Outside, there is a low maintenance rear garden. The front garden is partly laid to lawn and provides off road parking.

Agent Details

Arc Homes, Atherton

01946 550990

Next Steps?

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