3 Bed Semi-Detached House, Single Let, Manchester, M18 7TJ, £260,000

Shillingford Road, Manchester, M18 7TJ - 2 months ago

BTL
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£80K - £270K
Sold Prices/m²£1.1K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£226,768

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,050 - £2,500

Rent Estimate

£1,112

Running Costs/mo

£1,055

Cashflow/mo

£57

Cashflow/yr

£685

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £80K to £270K, average is £185K. £1.1K/m² to £3.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£217K08/230 mi6, Braithwaite Road, Manchester, Greater Manchester M18 7TJ3
£185K05/230.03 mi1, Falshaw Way, Manchester, Greater Manchester M18 7TG3
£185K05/230.03 mi3, Falshaw Way, Manchester, Greater Manchester M18 7TG3
£188K10/230.15 mi101, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA3
£180K04/240.15 mi103, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA3
£102K02/210.17 mi31, Sandown Crescent, Manchester, Greater Manchester M18 7WG3
£225K08/210.17 mi3, Rainshaw Lane, Gorton, Manchester, Greater Manchester M18 7TE3
£180K12/220.2 mi1, Horbury Avenue, Manchester, Greater Manchester M18 7WR3
£240K03/230.22 mi4, Horbury Avenue, Manchester, Greater Manchester M18 7WR3
£145K10/200.22 mi1, Horbury Avenue, Manchester, Greater Manchester M18 7WR3
£190K10/210.25 mi24, Fir Tree Avenue, Stockport, Greater Manchester SK5 6BF3
£165K08/210.25 mi21, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£152K11/200.25 mi34, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£175K01/210.25 mi16, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£235K11/210.27 mi36, Howden Close, Stockport, Greater Manchester SK5 6XW3
£80K03/210.27 mi24, Howden Close, Stockport, Greater Manchester SK5 6XW3
£170K08/210.27 mi6, Howden Close, Stockport, Greater Manchester SK5 6XW3
£155K02/210.27 mi5, Howden Close, Stockport, Greater Manchester SK5 6XW3
£179K12/200.29 mi46, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£265K06/230.29 mi1, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£140K11/200.3 mi104, Hemsworth Road, Manchester, Greater Manchester M18 7SD3
£135K06/210.3 mi30, Goldsmith Road, Stockport, Greater Manchester SK5 6JP3
£170K11/200.31 mi78, Browning Road, Stockport, Greater Manchester SK5 6JT3
£90K12/200.31 mi10, Browning Road, Stockport, Greater Manchester SK5 6JN3
£194K12/200.31 mi7, Browning Road, Stockport, Greater Manchester SK5 6JN3
£220K08/210.33 mi61, Tytherington Drive, Manchester, Greater Manchester M19 3TD3
£175K10/210.35 mi42, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£186.5K10/210.35 mi11, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£170K03/210.35 mi21, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£194K10/210.35 mi14, Ruskin Road, Stockport, Greater Manchester SK5 6JS3
£178.1K02/210.36 mi4, Aigburth Grove, Stockport, Greater Manchester SK5 6NJ3
£160K10/200.36 mi44, Macauley Road, Stockport, Greater Manchester SK5 6JR3
£140K06/240.37 mi66, Highgate Crescent, Manchester, Greater Manchester M18 7EZ3
£175K12/200.38 mi23, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£270K05/220.38 mi26, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£222.5K12/220.39 mi43, Coleridge Road, Stockport, Greater Manchester SK5 6JU3
£205K04/230.4 mi14, Ryder Brow Road, Manchester, Greater Manchester M18 7FX3
£215K03/230.4 mi92, Darras Road, Manchester, Greater Manchester M18 7PS3
£165K10/200.42 mi43, Melland Road, Manchester, Greater Manchester M18 7QA3
£205K04/230.42 mi63, Melland Road, Manchester, Greater Manchester M18 7QA3
£208K05/230.42 mi33, Melland Road, Manchester, Greater Manchester M18 7QA3
£150K10/200.42 mi31, Melland Road, Manchester, Greater Manchester M18 7QA3
£204K10/220.42 mi12, Unwin Avenue, Manchester, Greater Manchester M18 7PR3
£190K12/210.44 mi12, Bispham Avenue, Stockport, Greater Manchester SK5 6NT3
£247.5K03/230.45 mi4, Ramsey Avenue, Manchester, Greater Manchester M19 3JN3
£220K07/210.46 mi18, Farn Avenue, Reddish, Stockport, Greater Manchester SK5 6NQ3
£215K10/220.46 mi35, Melland Road, Manchester, Greater Manchester M18 7QA3
£177K02/210.46 mi421, Gorton Road, Stockport, Greater Manchester SK5 6LR3
£207K02/230.46 mi270, Mount Road, Manchester, Greater Manchester M19 3FS3
£200K10/230.47 mi510, Nelstrop Road, Manchester, Greater Manchester M19 3JL3

Local Rents

50 rents from £1.1K/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,64510/240.02 mi-3
£1,60005/240.02 miShillingford Road, Manchester, M183
£1,70005/240.02 mi-3
£1,65012/240.02 mi-3
£1,35012/240.02 mi-3
£1,49503/250.06 mi-3
£1,35005/240.07 miShillingford Road, Manchester, Greater Manchester, M183
£1,50012/240.08 mi-3
£1,45002/250.08 mi-3
£1,35003/250.08 mi-3
£1,20005/240.09 miNutmeg Drive, Gorton, Manchester, M183
£1,35005/240.11 miFylde Lane, Manchester, M183
£1,35005/240.11 miFylde Lane, Gorton3
£2,50002/250.13 mi-3
£1,30001/250.13 mi-3
£1,60001/250.13 mi-3
£1,35009/240.16 mi-3
£1,35003/250.16 mi-3
£1,40005/240.17 mi-3
£1,40005/240.17 mi-3
£1,50005/240.17 miShillingford Road, Manchester, M183
£1,39012/230.18 mi-3
£1,30009/240.18 mi-3
£1,39002/240.18 mi-3
£1,30005/240.18 mi-3
£1,60005/240.18 mi-3
£1,50002/240.18 mi-3
£1,50005/240.18 miRainshaw Lane, Manchester, M183
£1,35012/240.2 mi-3
£1,05008/240.23 mi-3
£1,10009/240.25 miBradfield Close, North Reddish, SK53
£1,20009/240.25 miBradfield Close, North Reddish, SK53
£1,19505/240.29 miYeadon Road, Gorton, Manchester3
£1,30012/240.29 mi-3
£1,35008/240.3 miCravenwood Road, Reddish, Stockport, Greater Manchester, SK53
£1,30003/250.32 mi-3
£1,45003/250.34 mi-3
£1,50012/240.38 mi-3
£1,65005/240.38 miMannering Street, M183
£1,30012/240.42 mi-3
£1,40005/240.42 miPeter Moss Way, Manchester, M193
£1,25002/250.44 mi-3
£1,50012/240.45 mi-3
£1,69505/240.46 miMannering Street, Manchester, M183
£1,55006/240.48 miStainton Avenue, Manchester, M183
£1,55012/240.48 mi-3
£1,55012/240.48 mi-3
£1,45002/250.48 mi-3
£1,25008/240.49 mi-3
£1,60003/250.51 mi-3

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.38 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £260,000

January 23, 2025

Floor Plans

Description

  • MODERN THREE BED SEMI DETACHED +
  • LOCATED ON POPULAR PEACOCK GARDENS DEVELOPMENT +
  • SPACIOUS LIVING ACCOMODATION +
  • KITCHEN DINER WITH INTEGRATED WHITE GOODS +
  • THREE BATHROOMS +
  • ENCLOSED REAR GARDEN +
  • OFF STREET PARKING +
  • OFFERED CHAIN FREE +

Belvoir are delighted to offer for sale this modern three bedroom semi detached home located on the popular Peacock Gardens development in Gorton and well situated for local shops, schools, public transport links and easy access into Manchester city centre and onto the motorway networks. The property benefits from spacious living accommodation and is offered chain free. The property briefly comprises; entrance hallway, front living room with under stairs storage cupboard, kitchen/diner with integrated white goods, downstairs WC, three bedrooms with en suite to master, family bathroom, boarded loft, double glazing and gas central heating throughout, rear garden and off-street parking. Ground Floor  The flagged footpath leads up to the front doorway that opens into the hallway with carpeted flooring. There is a two-piece ground floor WC cloakroom. The spacious lounge is newly carpeted and there is an under stairs storage cupboard. There are panel wood doors leading into the dining kitchen making it ideal for entertaining as well as for everyday living. The fitted kitchen includes wall/base units with work surfaces, integrated oven and electric hob, integrated fridge/freezer and integrated washing machine. There are patio doors leading out into the garden.   First Floor  
The landing gives access to two double bedrooms, one single bedroom, the family bathroom as well as a boarded full sized loft. The master double bedroom has built in wardrobes and is newly carpeted. It has an en suite with shower, WC and wash hand basin. The second double bedroom and single bedroom have both been newly carpeted. The modern family bathroom includes a white bath, contemporary wash hand basin and WC.   Outside   Front - Flagged footpath to front door, small, pebbled garden with black metal railing Side - Tarmac drive with a wood fence and a gate leading to the back garden, electric and gas meter boxes   Rear - Flagged patio area and grassed garden with wood fence surround Additional information  
Freehold   
Council Tax Band B. 
The loft is accessed off the landing via a retractable ladder.  Gas central heating with radiators from a wall mounted combi boiler.  EPC rating: C. Council tax band: B, Tenure: Freehold EPC rating: C. Tenure: Freehold,

Agent Details

Belvoir Sales, Bury

0161 524 9297

Next Steps?

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