3 Bed Terraced House, Single Let, Manchester, M18 7TG, £260,000

Falshaw Way, Manchester, M18 7TG - 2 months ago

BTL
ROI: 2%
~93 m²
+10 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

£224,984

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

£1,195

Running Costs/mo

£1,072

Cashflow/mo

£124

Cashflow/yr

£1,482

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £80K to £270K, average is £180K. £1.1K/m² to £3.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£185K05/230 mi1, Falshaw Way, Manchester, Greater Manchester M18 7TG3
£185K05/230 mi3, Falshaw Way, Manchester, Greater Manchester M18 7TG3
£217K08/230.03 mi6, Braithwaite Road, Manchester, Greater Manchester M18 7TJ3
£225K08/210.13 mi3, Rainshaw Lane, Gorton, Manchester, Greater Manchester M18 7TE3
£102K02/210.16 mi31, Sandown Crescent, Manchester, Greater Manchester M18 7WG3
£188K10/230.17 mi101, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA3
£180K04/240.17 mi103, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA3
£180K12/220.19 mi1, Horbury Avenue, Manchester, Greater Manchester M18 7WR3
£240K03/230.21 mi4, Horbury Avenue, Manchester, Greater Manchester M18 7WR3
£145K10/200.21 mi1, Horbury Avenue, Manchester, Greater Manchester M18 7WR3
£165K08/210.26 mi21, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£152K11/200.26 mi34, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£175K01/210.26 mi16, Bradfield Close, Stockport, Greater Manchester SK5 6XP3
£190K10/210.27 mi24, Fir Tree Avenue, Stockport, Greater Manchester SK5 6BF3
£235K11/210.28 mi36, Howden Close, Stockport, Greater Manchester SK5 6XW3
£80K03/210.28 mi24, Howden Close, Stockport, Greater Manchester SK5 6XW3
£170K08/210.28 mi6, Howden Close, Stockport, Greater Manchester SK5 6XW3
£155K02/210.28 mi5, Howden Close, Stockport, Greater Manchester SK5 6XW3
£179K12/200.28 mi46, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£265K06/230.28 mi1, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£140K11/200.29 mi104, Hemsworth Road, Manchester, Greater Manchester M18 7SD3
£170K11/200.33 mi78, Browning Road, Stockport, Greater Manchester SK5 6JT3
£135K06/210.33 mi30, Goldsmith Road, Stockport, Greater Manchester SK5 6JP3
£175K10/210.33 mi42, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£186.5K10/210.33 mi11, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£170K03/210.33 mi21, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£140K06/240.34 mi66, Highgate Crescent, Manchester, Greater Manchester M18 7EZ3
£90K12/200.34 mi10, Browning Road, Stockport, Greater Manchester SK5 6JN3
£194K12/200.34 mi7, Browning Road, Stockport, Greater Manchester SK5 6JN3
£178.1K02/210.36 mi4, Aigburth Grove, Stockport, Greater Manchester SK5 6NJ3
£220K08/210.36 mi61, Tytherington Drive, Manchester, Greater Manchester M19 3TD3
£175K12/200.36 mi23, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£270K05/220.36 mi26, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£205K04/230.37 mi14, Ryder Brow Road, Manchester, Greater Manchester M18 7FX3
£194K10/210.38 mi14, Ruskin Road, Stockport, Greater Manchester SK5 6JS3
£215K03/230.39 mi92, Darras Road, Manchester, Greater Manchester M18 7PS3
£160K10/200.39 mi44, Macauley Road, Stockport, Greater Manchester SK5 6JR3
£222.5K12/220.4 mi43, Coleridge Road, Stockport, Greater Manchester SK5 6JU3
£204K10/220.4 mi12, Unwin Avenue, Manchester, Greater Manchester M18 7PR3
£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
£190K12/210.42 mi12, Bispham Avenue, Stockport, Greater Manchester SK5 6NT3
£177K02/210.46 mi421, Gorton Road, Stockport, Greater Manchester SK5 6LR3
£215K10/220.46 mi35, Melland Road, Manchester, Greater Manchester M18 7QA3
£220K07/210.46 mi18, Farn Avenue, Reddish, Stockport, Greater Manchester SK5 6NQ3
£270K03/230.48 mi15, Darras Road, Manchester, Greater Manchester M18 7PB3
£150K07/210.48 mi9, Poplar Grove, Manchester, Greater Manchester M18 7EP3
£150K07/210.48 mi9, Poplar Grove, Manchester, Greater Manchester M18 7EP3

Local Rents

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

RentDateDistanceAddressBeds 
£1,49503/250.03 mi-3
£1,64510/240.05 mi-3
£1,60005/240.05 miShillingford Road, Manchester, M183
£1,70005/240.05 mi-3
£1,65012/240.05 mi-3
£1,35012/240.05 mi-3
£1,45002/250.06 mi-3
£1,35003/250.06 mi-3
£1,35005/240.08 miFylde Lane, Manchester, M183
£1,35005/240.08 miFylde Lane, Gorton3
£1,35005/240.09 miShillingford Road, Manchester, Greater Manchester, M183
£1,50012/240.11 mi-3
£1,20005/240.13 miNutmeg Drive, Gorton, Manchester, M183
£1,35009/240.13 mi-3
£1,35003/250.13 mi-3
£1,40005/240.14 mi-3
£1,40005/240.14 mi-3
£1,30001/250.14 mi-3
£1,60001/250.14 mi-3
£2,50003/250.14 mi-3
£1,50005/240.14 miShillingford Road, Manchester, M183
£1,39012/230.14 mi-3
£1,30009/240.14 mi-3
£1,39002/240.15 mi-3
£1,30005/240.15 mi-3
£1,60005/240.15 mi-3
£1,50002/240.15 mi-3
£1,50005/240.15 miRainshaw Lane, Manchester, M183
£1,35012/240.17 mi-3
£1,05008/240.22 mi-3
£1,10009/240.26 miBradfield Close, North Reddish, SK53
£1,20009/240.26 miBradfield Close, North Reddish, SK53
£1,30012/240.26 mi-3
£1,19505/240.27 miYeadon Road, Gorton, Manchester3
£1,35008/240.3 miCravenwood Road, Reddish, Stockport, Greater Manchester, SK53
£1,30003/250.31 mi-3
£1,45003/250.33 mi-3
£1,65005/240.39 miMannering Street, M183
£1,30012/240.39 mi-3
£1,50012/240.4 mi-3
£1,25002/250.41 mi-3
£1,55006/240.45 miStainton Avenue, Manchester, M183
£1,55012/240.45 mi-3
£1,55012/240.45 mi-3
£1,45002/250.45 mi-3
£1,40005/240.45 miPeter Moss Way, Manchester, M193
£1,69505/240.46 miMannering Street, Manchester, M183
£1,50012/240.47 mi-3
£1,29505/240.48 mi-3
£1,20009/240.51 miThornley Lane North, Stockport3

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.39 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 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 29, 2025

Floor Plans

Description

  • Book Viewings Online 24/7 +
  • Spacious Accommodation +
  • Sought After Location +
  • Garage And Driveway +
  • Local Transport Links +
  • Local Amenities +
  • Book Now To Avoid Disappointment +
  • NO CHAIN +

The Property
Spacious 3-Bedroom Terraced Home with Garage & Private Garden – Manchester

Situated in a sought-after area of Manchester, this three-bedroom terraced property offers the perfect blend of spacious living and convenience. With excellent transport links, top-rated schools, and a range of local amenities nearby, this home is ideal for families, professionals, or investors.

Property Features:
Three Generous Bedrooms – Including a spacious main bedroom with an en-suite for added luxury.
Open-Plan Kitchen/Dining Area – A great space perfect for entertaining and family meals.
Cosy Lounge – A warm and inviting area to relax and unwind.
Downstairs WC – Adding convenience to the ground floor.
Private Rear Garden – A great outdoor space for relaxation and entertaining.
Garage & Off-Road Parking – Secure parking and additional storage.

Why You’ll Love It: This property combines spacious interiors with a fantastic location, offering easy access to Manchester city centre, local parks, and excellent shopping and dining options.

Book online 24/7 using brochure link

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Manchester

0161 524 9265

Next Steps?

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