2 Bed Terraced House, Single Let, Manchester, M18 7JG, £200,000

Chatham Road, Gorton, M18 7JG - 3 views - 2 months ago

Sold STC
BTL
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£95K - £230K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£131,731

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£695 - £1,550

Rent Estimate

£795

Running Costs/mo

£804

Cashflow/mo

£-9

Cashflow/yr

£-108

Gross Yield

5%

Local Sold Prices

50 sold prices from £95K to £230K, average is £140.7K. £1.2K/m² to £3.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£153.5K07/240.01 mi13, Chatham Road, Gorton, Manchester, Greater Manchester M18 7JG2
£130K01/210.01 mi5, Chatham Road, Gorton, Manchester, Greater Manchester M18 7JG2
£120K10/200.01 mi7, Chatham Road, Gorton, Manchester, Greater Manchester M18 7JG2
£159K10/210.06 mi16, Reddish Lane, Manchester, Greater Manchester M18 7JN2
£113K06/230.06 mi46, Reddish Lane, Manchester, Greater Manchester M18 7JN2
£135K01/240.07 mi54, Mayfield Grove, Manchester, Greater Manchester M18 7JS2
£125K12/200.07 mi48, Mayfield Grove, Manchester, Greater Manchester M18 7JS2
£165K10/220.08 mi27, Mayfield Grove, Manchester, Greater Manchester M18 7JS2
£145K02/230.09 mi32, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£120.2K05/210.09 mi39, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£109K11/200.09 mi27, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£129K03/210.09 mi7, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£135K05/210.1 mi21, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£115K12/200.1 mi11, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£178K09/230.1 mi3, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£95K10/200.1 mi10, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£145K12/230.1 mi2, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£150K04/240.1 mi23, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£144K05/210.12 mi4, Laburnum Road, Denton, Manchester, Greater Manchester M34 2NE2
£171.5K11/220.15 mi12, Birtles Avenue, Stockport, Greater Manchester SK5 6PF2
£140.1K04/210.15 mi14, Birtles Avenue, Stockport, Greater Manchester SK5 6PF2
£125K06/210.16 mi21, Ash Road, Denton, Manchester, Greater Manchester M34 2WE2
£170K06/210.17 mi1, Belfield Road, Stockport, Greater Manchester SK5 6NY2
£177K07/210.17 mi12, Belfield Road, Stockport, Greater Manchester SK5 6NY2
£160.5K10/210.17 mi6, Belfield Road, Stockport, Greater Manchester SK5 6NY2
£184K12/220.18 mi5, Lyndale Avenue, Stockport, Greater Manchester SK5 6PA2
£154.3K08/210.19 mi35, Broadfield Road, Stockport, Greater Manchester SK5 6PB2
£181K06/230.21 mi4, Lonsdale Avenue, Stockport, Greater Manchester SK5 6NZ2
£125K03/210.21 mi6, Lonsdale Avenue, Stockport, Greater Manchester SK5 6NZ2
£210K02/230.21 mi87, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£175K02/230.21 mi89, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£130K07/210.22 mi39, Woodland Avenue, Manchester, Greater Manchester M18 7HX2
£160K11/230.22 mi37, Woodland Avenue, Manchester, Greater Manchester M18 7HX2
£107K12/200.23 mi16, Thornwood Avenue, Manchester, Greater Manchester M18 7HW2
£97.5K03/230.24 mi133, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£230K10/230.24 mi103, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£120K02/210.24 mi123, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£145K12/200.25 mi2, St Agnes Street, Stockport, Greater Manchester SK5 6RA2
£130K10/230.26 mi16, Friendship Avenue, Manchester, Greater Manchester M18 7HH2
£153K01/230.28 mi17, Tindall Street, Stockport, Greater Manchester SK5 6QZ2
£139K05/230.28 mi11, Tindall Street, Stockport, Greater Manchester SK5 6QZ2
£160K03/210.28 mi52, Thornley Lane North, Stockport, Greater Manchester SK5 6QR2
£143K06/210.31 mi4, Sandheys Grove, Manchester, Greater Manchester M18 7FE2
£161K02/230.33 mi14, Sandheys Grove, Manchester, Greater Manchester M18 7FE2
£125K12/200.37 mi17, Lyndhurst Road, Stockport, Greater Manchester SK5 6NA2
£136K04/230.38 mi5, Lyndhurst Road, Stockport, Greater Manchester SK5 6NA2
£132.5K02/210.38 mi26, Hobson Street, Stockport, Greater Manchester SK5 6PT2
£131K04/210.39 mi23, Bower Street, Stockport, Greater Manchester SK5 6NW2
£141.3K06/230.39 mi1, Bower Street, Stockport, Greater Manchester SK5 6NW2
£140K12/200.39 mi2, Sandbach Road, Stockport, Greater Manchester SK5 6LZ2

Local Rents

49 rents from £695/mo to £1.6K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£95003/240.02 miReddish Lane, Gorton2
£95005/240.07 miMayfield Grove, Manchester, Greater Manchester, M182
£99508/240.07 mi-2
£99509/240.07 mi-2
£99509/240.07 mi-2
£99509/240.07 mi-2
£99509/240.07 mi-2
£90005/240.08 miCranbrook Road, Manchester, M182
£97512/230.08 mi-2
£97502/250.1 mi-2
£90005/240.1 mi-2
£90012/240.1 mi-2
£95005/240.11 miHarold Avenue, Manchester2
£80012/230.15 mi-2
£1,05005/240.16 mi-2
£1,20008/240.17 mi-2
£1,09501/250.17 mi-2
£95008/240.18 miBelfield Road, Stockport, Cheshire, SK52
£1,05011/240.18 mi-2
£89510/240.2 mi-2
£95012/240.24 mi-2
£85012/240.25 mi-2
£95012/240.26 mi-2
£1,40012/240.27 mi-2
£1,40012/240.27 mi-2
£1,55012/240.27 mi-2
£1,55012/240.27 mi-2
£1,50005/240.27 miHyde Road, Manchester, M182
£95011/230.29 mi-2
£95008/240.29 mi-2
£75009/240.3 mi-2
£1,00008/240.31 miOswald Street, Stockport, Cheshire, SK52
£92508/240.31 mi-2
£92508/240.31 mi-2
£99509/240.32 miBoscombe Street, Reddish, Stockport, SK52
£78012/230.35 mi-2
£1,10008/240.36 mi-2
£1,05008/240.37 mi-2
£1,05002/250.37 mi-2
£90008/240.38 mi-2
£1,00008/240.39 miCarna Road, Reddish2
£69511/230.39 mi-2
£85009/240.4 miSandbach Road, Reddish, Stockport, Cheshire, SK52
£90009/240.4 miGorton Road, Stockport, SK52
£1,20003/250.42 mi-2
£1,00009/240.46 miCromwell Avenue, Sandringham Gardens, Denton, Stockport, SK52
£1,05009/240.46 miCromwell Avenue, Stockport, SK52
£1,00003/250.47 mi-2
£95003/250.48 mi-2

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.74 miles away

Nearest school

0.10 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £200,000

January 17, 2025

Floor Plans

Description

  • PLEASE QUOTE OK0110 +
  • TWO DOUBLE BEDROOM PERIOD END TERRACED +
  • SITUATED ON A QUIET ROAD SURROUNDED BY AMENITIES +
  • IMMACULATELY PRESENTED THROUGHOUT; READY TO MOVE IN TO +
  • PERFECT FOR FIRST TIME BUYERS +
  • BOASTING SPACIOUS ROOMS AND HIGH CEILINGS THROUGHOUT +

OPEN DAY SATURDAY 25TH JANUARY - BY APPOINTMENT ONLY An immaculately presented, two double bedroom period garden fronted end terraced offering spacious rooms, high ceilings and period features throughout. With Reddish train station 0.5 miles away and with local shops, cafes and amenities within walking distance, this property is perfect for any young couples or families wanting to make the most of what the area has to offer. Immaculately presented throughout and benefitting from spacious reception rooms and larger than average bedrooms; this property is ideal for modern living and is ready to move straight in to. The property briefly comprises of: entrance hall leading to a large, bright lounge with bay window and feature fireplace to the front of the property. Double doors lead through to the second reception room, currently a spacious dining room providing ample space for family life and with French doors out to the rear yard. Opening up from the dining room, a modern gloss kitchen with a range of wall and base units with integrated appliances. A separate storage cupboard under the stairs provides extra storage.  To the first floor: a king size bedroom to the rear of the property, with dual aspect windows and plenty of space for king size bed and storage. The main bedroom, to the front of the property, expands across the full width of the house and boasts two large windows, room for super-king size bed and extra storage if needed. The modern four piece family bathroom serves both bedrooms and comprises of separate shower, bath, WC and basin. Externally, there is a well proportioned private rear yard with paved and decked areas; the perfect quiet space to enjoy on a summers day or evening. The property also benefits from UPVC double glazing throughout. With character features but a modern twist, a viewing is highly recommended to appreciate the property on offer.

Agent Details

eXp UK, North West

03304 609968

Next Steps?

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