3 Bed Semi-Detached House, Single Let, Manchester, M43 6LJ, £180,000

North Road, Droylsden, M43 6LJ - 3 months ago

Sold STC
BTL
ROI: 6%
~81 m²
+3 photos

ValuationUndervalued

Sold Prices£135K - £285K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~81 m²
Price/m²£2.2K/m²

Value Estimate

£192,721
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£995 - £3,650

Rent Estimate

£1,100

Running Costs/mo

£803

Cashflow/mo

£298

Cashflow/yr

£3,570

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £285K, average is £191.8K. £1.2K/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£190K03/230.01 mi22, North Road, Droylsden, Manchester, Greater Manchester M43 6LJ3
£153.5K05/210.03 mi6, Dovedale Avenue, Droylsden, Manchester, Greater Manchester M43 6LS3
£190K08/230.03 mi1, Dovedale Avenue, Droylsden, Manchester, Greater Manchester M43 6LS3
£216K08/230.06 mi572, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JQ3
£191.5K03/230.06 mi562, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JQ3
£165K11/230.07 mi47, Holly Street, Droylsden, Manchester, Greater Manchester M43 6WL3
£188K02/210.07 mi39, Holly Street, Droylsden, Manchester, Greater Manchester M43 6WL3
£168.5K06/210.07 mi24, Alderdale Drive, Droylsden, Manchester, Greater Manchester M43 6NN3
£135K02/210.07 mi25, Alderdale Drive, Droylsden, Manchester, Greater Manchester M43 6NN3
£151.8K04/210.08 mi42, Holly Street, Droylsden, Manchester, Greater Manchester M43 6NL3
£144K12/200.08 mi511, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6LG3
£216K05/230.1 mi18, Davids Road, Droylsden, Manchester, Greater Manchester M43 6WW3
£200K04/230.11 mi15, Vernon Road, Droylsden, Manchester, Greater Manchester M43 6LF3
£210K07/230.11 mi14, Vernon Road, Droylsden, Manchester, Greater Manchester M43 6LF3
£187K01/240.11 mi17, Repton Avenue, Droylsden, Manchester, Greater Manchester M43 6JG3
£145K06/210.11 mi11, Repton Avenue, Droylsden, Manchester, Greater Manchester M43 6JG3
£170K06/210.12 mi18, Godfrey Avenue, Droylsden, Manchester, Greater Manchester M43 6JR3
£210K05/230.12 mi18, Godfrey Avenue, Droylsden, Manchester, Greater Manchester M43 6JR3
£197.5K12/230.12 mi3, Peakdale Road, Droylsden, Manchester, Greater Manchester M43 6JX3
£239K02/230.13 mi38, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£211K06/210.13 mi52, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£235K11/230.13 mi7, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£235K02/240.13 mi14, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£210K11/230.14 mi25, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£180K02/210.14 mi16, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£242K01/230.14 mi7, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£192K11/200.14 mi2, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£180K12/220.14 mi37, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£190K08/230.14 mi29, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£230K11/220.15 mi33, Nelson Drive, Droylsden, Manchester, Greater Manchester M43 6ND3
£195K12/200.15 mi37, Nelson Drive, Droylsden, Manchester, Greater Manchester M43 6ND3
£212.1K08/230.15 mi29, Nelson Drive, Droylsden, Manchester, Greater Manchester M43 6ND3
£285K07/230.15 mi491, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JN3
£222K09/230.16 mi8, Westfield Road, Droylsden, Manchester, Greater Manchester M43 6NQ3
£227.5K01/230.16 mi14, Westfield Road, Droylsden, Manchester, Greater Manchester M43 6NQ3
£169.4K12/200.16 mi6, Westfield Road, Droylsden, Manchester, Greater Manchester M43 6NQ3
£173K08/210.17 mi337, North Road, Manchester, Greater Manchester M11 4NY3
£180K09/220.18 mi46, South Crescent, Manchester, Greater Manchester M11 4LN3
£221.5K01/230.19 mi17, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£198K03/210.2 mi16, Ashley Road, Droylsden, Manchester, Greater Manchester M43 6WP3
£255K12/210.2 mi8, Baslow Road, Droylsden, Manchester, Greater Manchester M43 6LT3
£146K05/210.2 mi12, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£159K02/210.2 mi35, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£220K10/230.2 mi20, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£200K06/230.2 mi61, Easton Road, Droylsden, Manchester, Greater Manchester M43 6NJ3
£168K01/210.21 mi82, Easton Road, Droylsden, Manchester, Greater Manchester M43 6WH3
£160K06/210.21 mi71, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6WB3
£215K08/230.22 mi77, Lewis Road, Droylsden, Manchester, Greater Manchester M43 6WR3
£135K12/200.22 mi52, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6NB3
£175K03/230.22 mi85, Seymour Road South, Manchester, Greater Manchester M11 4PS3

Local Rents

54 rents from £995/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,05008/240.02 miElm Grove, Manchester3
£1,20005/240.05 miChatsworth Road, Droylsden, Manchester3
£1,40012/240.06 mi-3
£1,20004/250.07 mi-3
£1,32504/250.08 mi-3
£1,15011/240.11 mi-3
£2,80006/240.12 mi-3
£2,60003/250.12 mi-3
£1,29507/240.13 miPalm Street, Droylsden, Manchester, M433
£1,29508/240.13 mi-3
£1,29507/240.13 miLydgate Road, Droylsden, Manchester, M433
£1,30008/240.15 miPeakdale Road, Droylsden, M433
£1,17504/250.17 mi-3
£1,25004/250.2 mi-3
£1,20006/240.2 miHolmlea Road, Manchester, M433
£1,20006/240.2 miAnsdell Drive, Droylsden, Tameside, M433
£3,65004/250.21 mi-3
£1,20004/250.23 mi-3
£1,30001/240.25 mi-3
£1,40008/240.26 miLynn Drive, Droylsden, Manchester, M433
£1,35009/240.26 mi-3
£2,80012/240.27 mi-3
£2,80012/240.27 mi-3
£1,20007/240.28 miDawlish Avenue, Droylsden, 3
£1,20003/250.31 mi-3
£3,20003/250.31 mi-3
£1,27508/240.31 mi-3
£1,27508/240.31 mi-3
£1,60008/240.35 mi-3
£1,60008/240.35 mi-3
£1,20012/240.35 mi-3
£99510/240.36 mi-3
£1,25012/240.38 mi-3
£1,20005/240.38 mi-3
£1,20005/240.38 mi-3
£1,20005/240.38 mi-3
£1,25003/250.41 mi-3
£99505/240.42 miFolkestone Road West, Clayton, Manchester, M11 4QP3
£1,15012/240.42 mi-3
£1,10002/250.43 mi-3
£1,20008/240.44 miBriarwood Avenue, Droylsden, Manchester, M433
£1,49504/250.44 mi-3
£1,30012/240.45 mi-3
£1,30012/240.45 mi-3
£2,50012/240.45 mi-3
£1,50004/250.45 mi-3
£1,45005/240.47 miGreenside Lane, Manchester, Greater Manchester, M433
£1,20006/240.47 mi-3
£1,20005/240.47 miSt. Georges Road, Droylsden, Manchester, M433
£1,50005/240.49 mi-3
£1,45004/240.49 mi-3
£1,30008/240.49 miCambridge Road, Droylsden, Manchester, M433
£1,30008/240.49 miCambridge Road, Droylsden, Manchester, M433
£1,30009/240.49 mi-3

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

4.06 miles away

Nearest school

0.30 miles away

Nearest train station

0.39 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £180,000

January 28, 2025

Floor Plans

Description

  • In need of refurbishment. +
  • Gardens and Parking. +
  • No vendor chain. +
  • Close to local amenities. +
  • Ideal investment purchase. +
  • Popular location. +

IN NEED OF MODERNISTAION NO VENDOR CHAIN GARDENS & PARKING 3 BEDROOMS SEMI DETACHED IDEAL INVESTMENT PURCHASE Located in the popular residential area of Droylsden and within walking distance of local shops, schools, transport links including the Metro link network and also close by to Lewis Road park, Sunny Bank-Medlock and Clayton vales. The accommodation benefits from PVCu double glazing, gated drive and garden. Viewings are recommended.

Agent Details

Edward Mellor Ltd, Droylsden

0161 524 2800

Next Steps?

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