2 Bed Terraced House, Single Let, Manchester, M43 7HH, £150,000

Moorside Street, Droylsden, M43 7HH - 2 views - 3 months ago

Sold STC
BTL
ROI: 5%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£110K - £266K
Sold Prices/m²£1.6K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£171,181
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£6,000

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£895 - £1,350

Rent Estimate

£898

Running Costs/mo

£668

Cashflow/mo

£230

Cashflow/yr

£2,756

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £266K, average is £170K. £1.6K/m² to £4.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£158K08/210.02 mi7, James Street, Droylsden, Manchester, Greater Manchester M43 7SZ2
£178K06/230.06 mi8, Holyoake Street, Droylsden, Manchester, Greater Manchester M43 7HZ2
£120K10/230.06 mi33, Royal Avenue, Droylsden, Manchester, Greater Manchester M43 7HF2
£160.5K11/220.08 mi6, Holyoake Street, Droylsden, Manchester, Greater Manchester M43 7HZ2
£185K07/230.11 mi32, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7HB2
£120K12/230.11 mi52, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7HB2
£110K12/230.11 mi18, Bower Terrace, Droylsden, Manchester, Greater Manchester M43 7GQ2
£140K08/230.11 mi22, Bower Terrace, Droylsden, Manchester, Greater Manchester M43 7GQ2
£180.9K11/230.11 mi8, Bower Terrace, Droylsden, Manchester, Greater Manchester M43 7GQ2
£170K02/230.11 mi6, Newton Street, Droylsden, Manchester, Greater Manchester M43 7GP2
£130K10/230.12 mi13, Marlborough Grove, Droylsden, Manchester, Greater Manchester M43 7GL2
£145K02/210.14 mi140, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7HG2
£170K10/230.14 mi9, Moss Bank Avenue, Droylsden, Manchester, Greater Manchester M43 7XH2
£155K05/230.14 mi2, Moss Bank Avenue, Droylsden, Manchester, Greater Manchester M43 7XE2
£181K02/240.14 mi27, Hoppet Lane, Droylsden, Manchester, Greater Manchester M43 7GN2
£138K02/210.14 mi27, Hoppet Lane, Droylsden, Manchester, Greater Manchester M43 7GN2
£210K12/210.15 mi62, Hawthorn Road, Droylsden, Manchester, Greater Manchester M43 7JD2
£117K07/210.17 mi5, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7ZD2
£170K09/230.17 mi4, Flint Street, Droylsden, Manchester, Greater Manchester M43 7HA2
£140K07/210.19 mi2, Malvern Avenue, Droylsden, Manchester, Greater Manchester M43 7JF2
£157K03/210.19 mi15, Malvern Avenue, Droylsden, Manchester, Greater Manchester M43 7JF2
£165K08/210.21 mi1, Glendene Avenue, Droylsden, Manchester, Greater Manchester M43 7GR2
£113K02/210.22 mi9, Moorside Avenue, Droylsden, Manchester, Greater Manchester M43 7HS2
£182K08/210.29 mi238, Sandy Lane, Droylsden, Manchester, Greater Manchester M43 7JX2
£170K12/220.29 mi3, Marina Road, Droylsden, Manchester, Greater Manchester M43 7DB2
£185K10/230.29 mi64, Clough Road, Droylsden, Manchester, Greater Manchester M43 7NG2
£212K03/230.29 mi58, Clough Road, Droylsden, Manchester, Greater Manchester M43 7NG2
£180K05/230.3 mi35, Clough Road, Droylsden, Manchester, Greater Manchester M43 7NQ2
£152.5K12/200.3 mi25, Marina Road, Droylsden, Manchester, Greater Manchester M43 7DB2
£157K09/230.31 mi12, Bell Clough Road, Droylsden, Manchester, Greater Manchester M43 7WR2
£255K10/230.32 mi5, Nightingale Drive, Audenshaw, Manchester, Greater Manchester M34 5QY2
£260K12/220.32 mi31, Nightingale Drive, Audenshaw, Manchester, Greater Manchester M34 5QY2
£205K11/200.33 mi7, Benny Lane, Droylsden, Manchester, Greater Manchester M43 7UG2
£260K11/230.33 mi3, Linnet Close, Audenshaw, Manchester, Greater Manchester M34 5GZ2
£195K11/230.33 mi50, Luke Road, Droylsden, Manchester, Greater Manchester M43 7FE2
£266K11/220.34 mi3, Nightingale Drive, Audenshaw, Manchester, Greater Manchester M34 5QY2
£148K01/210.34 mi12, Brookside Avenue, Droylsden, Manchester, Greater Manchester M43 7LE2
£150K01/210.34 mi79, Lumb Lane, Droylsden, Manchester, Greater Manchester M43 7LD2
£160K12/220.36 mi6, Brookside Avenue, Droylsden, Manchester, Greater Manchester M43 7LE2
£156K10/210.36 mi4, Albion Drive, Droylsden, Manchester, Greater Manchester M43 7NP2
£197K12/220.36 mi16, Albion Drive, Droylsden, Manchester, Greater Manchester M43 7NP2
£192K05/230.36 mi5, Albion Drive, Droylsden, Manchester, Greater Manchester M43 7NP2
£165K02/230.37 mi18, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7NN2
£182.5K08/210.38 mi6, Legh Drive, Audenshaw, Manchester, Greater Manchester M34 5TG2
£220K07/230.39 mi23, Heron Drive, Audenshaw, Manchester, Greater Manchester M34 5QX2
£175.8K11/220.39 mi9, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7NX2
£235K04/230.4 mi5, Kestrel Avenue, Audenshaw, Manchester, Greater Manchester M34 5QJ2
£175K05/240.4 mi15, Kestrel Avenue, Audenshaw, Manchester, Greater Manchester M34 5QJ2
£171K05/210.4 mi3, Kestrel Avenue, Audenshaw, Manchester, Greater Manchester M34 5QJ2
£195K12/200.41 mi15, Dovecote, Droylsden, Manchester, Greater Manchester M43 7TP2

Local Rents

30 rents from £895/mo to £1.4K/mo, average is £963/mo.

RentDateDistanceAddressBeds 
£89505/240.06 miRoyal Avenue, Droylsden, 2
£95006/240.11 miPark Street, Droylsden, Tameside, M432
£95006/240.12 miMoorside Street, Droylsden, Manchester, M432
£99512/240.33 mi-2
£92507/240.33 miMarket Street, Droylsden, Manchester, M432
£92508/240.33 mi-2
£1,25005/240.35 miAnnable Road, Droylsden, Manchester, M432
£99505/240.36 miNightingale Drive, Audenshaw, Manchester, M342
£99507/240.39 miWaverley Crescent, Droylsden, Manchester, M432
£99507/240.39 mi-2
£95003/240.43 miHigh Street, Manchester, Greater Manchester, M432
£99505/240.43 mi-2
£97511/230.46 mi-2
£90005/240.48 miMedlock Place, Droylsden2
£1,05002/250.48 mi-2
£1,15005/240.49 mi-2
£90007/240.49 mi-2
£90009/240.49 mi-2
£90009/240.49 mi-2
£89511/230.52 mi-2
£1,04003/250.52 mi-2
£95005/240.54 mi-2
£1,35011/240.55 mi-2
£99505/240.57 miDroylsden Road, Manchester, Greater Manchester, M342
£1,15005/240.58 mi-2
£99509/240.58 mi-2
£1,00001/240.61 mi-2
£95006/240.61 miDroylsden Road, Manchestet, M342
£95006/240.61 miDroylsden Road, Manchestet, M342
£95007/240.61 mi-2

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

5.16 miles away

Nearest school

0.30 miles away

Nearest train station

0.62 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Price changed to £150,000

February 12, 2025

Listed for £160,000

January 23, 2025

Description

  • TWO BEDROOMED TERRACED +
  • MODERN BATHROOM +
  • DRIVEWAY PARKING +
  • NO VENDOR CHAIN +
  • MUST BE VIEWED +
  • TWO DOUBLE BEDROOMS +
  • CLOSE TO AMENITIES +
  • POPULAR LOCATION +
  • FITTED KITCHEN / DINER +
  • SPACIOUS LOUNGE +

* ATTENTION ALL FIRST TIME BUYERS * SLEIGH & SON are delighted to welcome this TWO DOUBLE BEDROOMED end terraced property to the open market with NO VENDOR CHAIN. This WELCOMING home is situated in a POPULAR residential area of DROYLSDEN and benefits from a spacious fitted dining kitchen, good size master bedroom, fitted bathroom, rear garden and many more, making it the ideal purchase for a wide range of buyers. This HAPPY home is located close to local schools, amenities, parks, playing fields, transport links into Manchester City centre and the M60 motorway. Gas central heating and uPVC double glazing is installed throughout.

Briefly the accommodation comprises:- vestibule, lounge and kitchen diner to the ground floor. Two bedrooms and bathroom to the first floor.

There is mains electricity, gas and water (unmetered) and sewerage at the property.
Traditional brick built with tiled roof. FREEHOLD. Councii tax band A.

VESTIBULE: uPVC double glazed entrance door to the front elevation. Hard wood door into the lounge.

LOUNGE: uPVC double glazed window to the front elevation. Radiator, light and power points. Door to stairs and kitchen/diner.

KITHCEN / DINER: uPVC double glazed French doors to the rear elevation. Fitted kitchen, with wall and base units with roll edge worktops. Built in electric oven with electric hob and extractor fan, space for fridge/freezer and washing machine. Part tiled with tiled splashbacks. Stainless steel sink and drainer with hot and cold taps. Light and power points and understairs storage,

STAIRCASE AND LANDING: Stairs to the first floor, loft hatch, radiator, and light point. Doors to bedrooms and bathroom.

MASTER BEDROOM: uPVC double glazed window to the front elevation. Radiator, light and power points.

BEDROOM TWO: uPVC double glazed window to the rear elevation. Radiator, light and power points.

BATHROOM: uPVC double glazed privacy window to the rear elevation. Vanity sink unit with mixer taps, low level W.C, bathtub with overhead shower. Fully tiled walls and floor, heated towel rail and spot lights. Storage unit and storage cupboard with boiler.

EXTERNAL: To the front of the property is a paved area fully walled enclosed garden.
To the rear of the property is paved and Astro-Turf area fully walled enclosed garden with gated access to the side of the property and at the side parking.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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