3 Bed Flat, Single Let, Manchester, M16 9DL, £195,000
Stanley Court, Stanley Road, Old Trafford, M16 9DL - 2 views - 3 months ago
Leasehold
BTL
ROI: 9%
~93 m²





+8 photos
ValuationUndervalued
Sold Prices | £88K - £337.5K |
Sold Prices/m² | £1.4K/m² - £5.3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £2.1K/m² |
Value Estimate | £239,850 |
BMV | 23% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £48,750 |
Stamp Duty & Legal Fees | £7,050 |
Total Cash In | £55,800 |
| |
Cash Out | |
Rent Range | £1,250 - £3,500 |
Rent Estimate | £1,338 |
Running Costs/mo | £897 |
Cashflow/mo | £441 |
Cashflow/yr | £5,292 |
ROI | 9% |
Gross Yield | 8% |
Local Sold Prices
32 sold prices from £88K to £337.5K, average is £225.3K. £1.4K/m² to £5.3K/m², average is £2.9K/m².
Local Rents
42 rents from £1.3K/mo to £3.5K/mo, average is £1.8K/mo.
Local Area Statistics
Population in M16 | 35,559 |
Population in Manchester | 920,095 |
Town centre distance | 1.10 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.07 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +36% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +80% |
Property History
Listed for £195,000
January 24, 2025
Floor Plans

Description
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