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
BMV23%

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.

PriceDateDistanceAddressBeds 
£157.5K06/210.15 miFlat 6, Stanley Court, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9DL3
£298.3K01/240.29 mi2, Fulford Street, Manchester, Greater Manchester M16 9PU3
£227.5K04/240.74 mi40, Woodlawn Court, Manchester, Greater Manchester M16 9RJ3
£225K01/210.9 mi22, Vancouver Quay, Salford, Greater Manchester M50 3TT3
£200K02/210.92 mi7, St Lawrence Quay, Salford, Greater Manchester M50 3XT3
£262.8K02/230.93 mi47, Vancouver Quay, Salford, Greater Manchester M50 3TU3
£290K12/230.94 mi36, Vancouver Quay, Salford, Greater Manchester M50 3TU3
£276K10/230.96 mi81, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£276K10/230.96 mi81, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£263.3K12/200.96 mi52, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£337.5K01/230.96 miFlat 112, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ3
£270K04/230.96 mi87, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£245K04/230.96 mi78, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£243K04/210.96 mi81, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£225K04/231.09 mi22, Betsham Street, Manchester, Greater Manchester M15 5JN3
£265K04/231.13 mi34, Taylors Road, Stretford, Manchester, Greater Manchester M32 0JJ3
£230K04/231.19 mi27, Humberstone Avenue, Manchester, Greater Manchester M15 5EE3
£225K12/221.19 mi11, Humberstone Avenue, Manchester, Greater Manchester M15 5EE3
£140K01/211.38 miFlat 33, Redmires Court, Eccles New Road, Salford, Greater Manchester M5 4US3
£137.5K08/211.4 miFlat 37, Carthorpe Arch, Eccles New Road, Salford, Greater Manchester M5 4UR3
£150K03/211.44 mi39, Ingleby Court, Stretford, Manchester, Greater Manchester M32 8PY3
£225.5K08/221.5 miFlat 18, Norwood Court, Norwood Road, Stretford, Manchester, Greater Manchester M32 8PL3
£141.5K10/231.63 miFlat 2, Darley House, My Street, Salford, Greater Manchester M5 5GJ3
£219.9K02/211.7 miApartment 45, Central Court, Melville Street, Salford, Greater Manchester M3 6DH3
£178.5K11/201.83 mi25, Bevill Square, Salford, Greater Manchester M3 6BB3
£235K07/231.83 mi25, Bevill Square, Salford, Greater Manchester M3 6BB3
£177K07/211.87 mi34, Lockett Gardens, Salford, Greater Manchester M3 6BJ3
£275K12/201.88 miApartment 21, Velvet Court, Granby Row, Manchester, Greater Manchester M1 7AB3
£150K10/201.9 mi42, Linen Court, Salford, Greater Manchester M3 6JG3
£145.5K06/211.93 mi2, Osborne Street, Salford, Greater Manchester M6 5LG3
£88K11/211.99 mi63, Sugar Mill Square, Salford, Greater Manchester M5 5EB3
£112.3K03/211.99 mi43, Sugar Mill Square, Salford, Greater Manchester M5 5EB3

Local Rents

42 rents from £1.3K/mo to £3.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£2,10605/240.17 miWestpoint, Chester Road3
£1,40012/240.29 mi-3
£1,35005/240.31 miCranbourne Road, Old Trafford, Mannchester3
£1,75005/240.36 miPomona Strand, Manchester, Greater Manchester, M163
£1,75005/240.36 miPomona Strand, Manchester, Greater Manchester, M163
£3,00012/240.37 mi-3
£2,10005/240.38 mi-3
£3,00012/240.38 mi-3
£2,00012/240.38 mi-3
£1,50012/240.41 mi-3
£3,00003/250.41 mi-3
£1,79505/240.44 mi-3
£1,79505/240.44 mi-3
£1,75012/240.44 mi-3
£1,75006/240.44 miColeby Avenue, Manchester, M163
£1,80005/240.44 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M163
£2,49504/250.44 mi-3
£2,50003/250.45 mi-3
£1,52503/240.45 miApartment 309, 86 Talbot Road , Manchester , M16 0UF3
£1,55012/240.45 mi-3
£1,60002/250.45 mi-3
£2,90003/250.46 mi-3
£1,75005/240.5 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M163
£1,78005/240.51 miClippers Quay Salford M503
£1,39505/240.51 miDarnley Street, Old Trafford3
£2,60005/240.52 mi-3
£3,50012/240.52 mi-3
£3,00002/250.52 mi-3
£3,50012/240.52 mi-3
£3,00003/250.52 mi-3
£1,45005/240.53 miBarlow Road, Stretford, Manchester, M323
£1,45006/240.53 mi-3
£1,30005/240.56 miTaylorson Street, Salford, Lancashire, M53
£1,50005/240.57 miRadclyffe Mews, Salford, M53
£1,50006/240.58 miRadclyffe Mews, Salford, M53
£1,50006/240.58 mi-3
£1,49505/240.59 miTrent Court, OldTrafford, Manchester3
£1,70003/250.6 mi-3
£1,30003/250.6 mi-3
£1,80012/240.6 mi-3
£1,80006/240.6 miHenley Avenue, Manchester, M163
£1,25005/240.62 miGilbert House, Elmira Way, Salford, M53

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

A THREE BEDROOM, first floor apartment, located in Old Trafford. Situated on a quiet residential road within walking distance of all amenities and two minutes from the Metrolink stop at Trafford Bar. Seymour and Hullard Park are nearby, several primary schools are on your doorstep, as are easy transport links to the City Centre, Media City and Manchester Airport. This apartment offers well planned and spacious accommodation throughout and consists of a communal entrance hallway with stairs to all floors, a private entrance hallway, a storage room which could also be used as a study, a lounge, a fitted kitchen with a balcony, a three-piece bathroom suite, two good sized double bedrooms one with built in storage and a further bedroom with a balcony. The apartment also benefits from electric heating and communal off road parking. Would ideally suit a first time buyer or investor. Currently tenanted and achieving a rental figure of £1,675 PCM correct as of January 2025.

Externally - The Stanley Court development is set within well maintained grounds.

Financial Services - We believe that by introducing our clients to specialist advisors who provide simple, sensible, mortgage & protection advice we can help our clients make fully informed decisions giving them the confidence that they are getting the right deal from the start.

Our partners are committed to offering a tailor-made personal and professional service and aim to exceed expectations on every level, specialising in finding the best mortgage & protection products to suit your particular needs.

If you wish to take the opportunity to speak with our partner advisors at Bespoke Mortgage; Bridget and Mark can be reached on or

Aml - (Anti-Money Laundering). - We are required by law and HMRC guidelines to carry out anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.

Agent Details

JP & Brimelow, South Manchester

0161 524 5506

Next Steps?

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