3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M19 1NR, £290,000

Kingsway, Manchester, Greater Manchester, M19 1NR - 2 views - 2 months ago

Sold STC

Refurb/BRRR

ROI: 3%

~93 m²

+12 photos

ValuationFair Value

Sold Prices	£183K - £525K
Sold Prices/m²	£2K/m² - £5.6K/m²

Square Metres	~93 m²
Price/m²	£3.1K/m²
Value Estimate	£285,925£285,925

End Value (After Refurb)	£284,392£284,392

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£72,500£72,500
Stamp Duty & Legal Fees	£12,700£12,700
Refurb Costs	£39,200£39,200
Bridging Loan Interest	£7,613£7,613
Total Cash In	£133,763£133,763

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£284,392£284,392
Mortgage (After Refinance)	£213,294£213,294
Mortgage LTV	75%75%
Cash Left In	£133,763£133,763
Equity	£71,098£71,098
Rent Range	£1,200 - £2,200£1,200 - £2,200
Rent Estimate	£1,565
Running Costs/mo	£1,222£1,222
Cashflow/mo	£343£343
Cashflow/yr	£4,119£4,119
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £183K to £525K, average is £260K. £2K/m² to £5.6K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£208K	03/23	0.04 mi	348, Kingsway, Manchester, Greater Manchester M19 1PW	£2,537	82	3	Terraced House
£260K	06/23	0.04 mi	346, Kingsway, Manchester, Greater Manchester M19 1PW	-	-	3	Terraced House
£250K	07/23	0.06 mi	12, Hurstbank Avenue, Manchester, Greater Manchester M19 1PN	£3,086	81	3	Semi-Detached House
£268K	03/23	0.06 mi	17, Fernbray Avenue, Manchester, Greater Manchester M19 1PQ	-	-	3	Terraced House
£275K	02/23	0.09 mi	20, Westcroft Road, Manchester, Greater Manchester M19 1PU	-	-	3	Semi-Detached House
£233K	02/23	0.09 mi	5, Brayside Road, Manchester, Greater Manchester M19 1ST	-	-	3	Semi-Detached House
£183K	06/21	0.11 mi	7, Leaburn Drive, Manchester, Greater Manchester M19 1SD	-	-	3	Terraced House
£245K	01/24	0.11 mi	6, Clover Bank Avenue, Manchester, Greater Manchester M19 1PG	£3,267	75	3	Semi-Detached House
£298K	11/23	0.12 mi	406, Kingsway, Manchester, Greater Manchester M19 1PL	-	-	3	Semi-Detached House
£245K	03/22	0.12 mi	431, Kingsway, Manchester, Greater Manchester M19 1WG	£3,063	80	3	Detached House
£310K	12/22	0.12 mi	427, Kingsway, Manchester, Greater Manchester M19 1WG	-	-	3	Terraced House
£280K	07/23	0.15 mi	69, Lane End Road, Manchester, Greater Manchester M19 1NB	£3,922	71	3	Semi-Detached House
£213K	02/21	0.15 mi	51, Lane End Road, Manchester, Greater Manchester M19 1NB	£2,918	73	3	Semi-Detached House
£235K	09/23	0.16 mi	9, Melbury Avenue, Manchester, Greater Manchester M20 6FH	-	-	3	Terraced House
£270K	02/21	0.18 mi	37, Lavister Avenue, Manchester, Greater Manchester M19 1RT	-	-	3	Semi-Detached House
£227.5K	10/21	0.18 mi	7, Cranwell Drive, Manchester, Greater Manchester M19 1SA	-	-	3	Detached House
£245K	10/23	0.19 mi	9, Westcroft Road, Manchester, Greater Manchester M19 1SU	£2,753	89	3	Semi-Detached House
£225K	10/23	0.19 mi	52, Uppermill Drive, Manchester, Greater Manchester M19 1RU	£3,462	65	3	Semi-Detached House
£193K	10/20	0.19 mi	32, Cranwell Drive, Manchester, Greater Manchester M19 1WD	£2,573	75	3	Semi-Detached House
£321K	01/23	0.19 mi	27, Norwood Avenue, Manchester, Greater Manchester M20 6EX	£3,057	105	3	Terraced House
£245K	08/23	0.19 mi	5, Barcicroft Road, Manchester, Greater Manchester M19 1WS	-	-	3	Semi-Detached House
£220K	10/20	0.19 mi	7, Norwood Avenue, Manchester, Greater Manchester M20 6EX	£2,018	109	3	Terraced House
£277.5K	03/21	0.19 mi	21, Norwood Avenue, Manchester, Greater Manchester M20 6EX	£3,343	83	3	Terraced House
£252.5K	01/21	0.2 mi	15, Leafield Avenue, Manchester, Greater Manchester M20 6EJ	£3,117	81	3	Terraced House
£260K	02/23	0.21 mi	403, Kingsway, Manchester, Greater Manchester M19 1WQ	-	-	3	Semi-Detached House
£245K	09/21	0.21 mi	15, Leyland Avenue, Manchester, Greater Manchester M20 6EW	-	-	3	Terraced House
£220K	03/21	0.22 mi	6, Ivylea Road, Manchester, Greater Manchester M19 1WT	£2,933	75	3	Semi-Detached House
£220K	03/21	0.22 mi	14, Ashby Avenue, Manchester, Greater Manchester M19 1NF	£2,909	76	3	Terraced House
£215K	10/20	0.22 mi	29, Barcicroft Road, Manchester, Greater Manchester M19 1SG	£2,337	92	3	Semi-Detached House
£285K	09/23	0.23 mi	3, Lancing Avenue, Manchester, Greater Manchester M20 6ET	£3,167	90	3	Semi-Detached House
£260K	02/21	0.23 mi	30, Brayside Road, Manchester, Greater Manchester M20 6ER	£3,059	85	3	Semi-Detached House
£305K	11/23	0.23 mi	436, Kingsway, Manchester, Greater Manchester M19 1JS	-	-	3	Semi-Detached House
£310K	06/21	0.23 mi	13, Withnell Road, Manchester, Greater Manchester M19 1GH	£3,039	102	3	Semi-Detached House
£229.9K	08/21	0.24 mi	5, Whitecroft Gardens, Manchester, Greater Manchester M19 1NT	£2,911	79	3	Terraced House
£267K	12/20	0.25 mi	253, Parrs Wood Road, Manchester, Greater Manchester M20 6EE	£3,560	75	3	Terraced House
£235K	08/21	0.26 mi	24, Heathwood Road, Manchester, Greater Manchester M19 1SL	£3,219	73	3	Semi-Detached House
£198K	02/21	0.26 mi	15, Heathwood Road, Manchester, Greater Manchester M19 1WU	£2,506	79	3	Terraced House
£305K	11/23	0.29 mi	562, Burnage Lane, Manchester, Greater Manchester M19 1LA	£3,427	89	3	Semi-Detached House
£270K	02/23	0.29 mi	41, Southbank Road, Manchester, Greater Manchester M19 1PZ	£3,556	76	3	Semi-Detached House
£290K	01/23	0.29 mi	286, Kingsway, Manchester, Greater Manchester M19 1QA	-	-	3	Semi-Detached House
£205K	11/20	0.29 mi	19, Southbank Road, Manchester, Greater Manchester M19 1PZ	£3,015	68	3	Semi-Detached House
£240K	12/20	0.3 mi	19, Chevington Drive, Stockport, Greater Manchester SK4 3RF	£3,871	62	3	Semi-Detached House
£290K	05/23	0.31 mi	3, Oakland Avenue, Manchester, Greater Manchester M19 1LB	£3,718	78	3	Semi-Detached House
£525K	08/23	0.31 mi	131, Fog Lane, Manchester, Greater Manchester M20 6ED	£5,585	94	3	Semi-Detached House
£419K	01/21	0.31 mi	143, Fog Lane, Manchester, Greater Manchester M20 6ED	£3,581	117	3	Semi-Detached House
£334.5K	12/20	0.31 mi	35, Ingram Drive, Stockport, Greater Manchester SK4 3RH	£3,248	103	3	Semi-Detached House
£320K	03/23	0.32 mi	543, Burnage Lane, Manchester, Greater Manchester M19 1NH	-	-	3	Semi-Detached House
£400K	10/23	0.33 mi	15, The Drive, Manchester, Greater Manchester M20 6HZ	£5,333	75	3	Semi-Detached House
£260K	03/23	0.33 mi	21, Overlea Drive, Manchester, Greater Manchester M19 1QR	-	-	3	Semi-Detached House
£302K	03/23	0.33 mi	40, Chevington Drive, Stockport, Greater Manchester SK4 3RG	£4,871	62	3	Semi-Detached House

Local Rents

40 rents from £1.2K/mo to £2.2K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	05/24	0.07 mi	Fernbray Avenue, Manchester, M19	3	Semi-Detached House
£1,500	05/24	0.1 mi	-	3	Semi-Detached House
£1,500	12/24	0.1 mi	-	3	Semi-Detached House
£1,395	05/24	0.14 mi	Norwood Avenue, Manchester	3	Detached House
£1,350	05/24	0.16 mi	Melbury Avenue, Manchester, M20	3	Terraced House
£1,400	02/25	0.16 mi	-	3	Semi-Detached House
£1,500	12/24	0.19 mi	-	3	Semi-Detached House
£1,400	04/25	0.2 mi	-	3	Semi-Detached House
£1,275	06/24	0.24 mi	Westcroft Road, Manchester, Greater Manchester, M20	3	Semi-Detached House
£1,950	12/24	0.25 mi	-	3	Semi-Detached House
£1,400	04/25	0.27 mi	-	3	Semi-Detached House
£2,200	04/25	0.27 mi	-	3	Semi-Detached House
£1,200	02/25	0.33 mi	-	3	Flat
£1,600	05/24	0.34 mi	-	3	Semi-Detached House
£1,700	05/24	0.34 mi	Homestead Crescent, Manchester, M19	3	Detached House
£1,700	05/24	0.37 mi	Austin Drive, Didsbury, Manchester	3	House
£1,350	08/24	0.37 mi	Kingsleigh Road, Heaton Mersey, Stockport, Greater Manchester, SK4	3	Detached House
£1,500	08/24	0.4 mi	Berwick Avenue, Heaton Mersey, Stockport	3	Detached House
£1,600	12/24	0.43 mi	-	3	Semi-Detached House
£1,300	09/24	0.44 mi	Berwick Avenue, Heaton Mersey, Stockport, SK4	3	Semi-Detached House
£2,000	09/24	0.44 mi	Bluestone Drive, Stockport	3	Bungalow
£1,650	05/24	0.45 mi	Carrgreen Close, Manchester, M19	3	Detached House
£1,400	09/24	0.45 mi	Whitehurst Road, Stockport, Cheshire, SK4	3	Semi-Detached House
£1,800	12/24	0.45 mi	-	3	Semi-Detached House
£1,700	12/24	0.46 mi	-	3	Semi-Detached House
£1,450	05/24	0.47 mi	Pytha Fold	3	Semi-Detached House
£1,950	05/24	0.51 mi	Willoughby Avenue, Didsbury, M20 6AS	3	Detached House
£1,200	05/24	0.52 mi	Haldon Road, Withington, M20	3	Flat
£1,800	05/24	0.54 mi	Adria Road, Didsbury	3	Semi-Detached House
£1,450	05/24	0.54 mi	Briarfield Road, Manchester	3	Semi-Detached House
£1,700	03/25	0.55 mi	-	3	Detached House
£1,850	04/25	0.56 mi	-	3	Semi-Detached House
£1,725	12/24	0.56 mi	-	3	Semi-Detached House
£1,725	12/24	0.56 mi	-	3	Semi-Detached House
£1,450	04/25	0.57 mi	-	3	Semi-Detached House
£1,500	05/24	0.57 mi	Fog Lane, Didsbury, Manchester, M20	3	Flat
£1,950	05/24	0.59 mi	School Lane, Didsbury, Manchester, M20	3	Semi-Detached House
£1,300	05/24	0.6 mi	School Lane, Didsbury, M20	3	Flat
£1,500	05/24	0.61 mi	Stephens Road, Manchester, Greater Manchester, M20	3	Semi-Detached House
£1,495	04/25	0.62 mi	-	3	Semi-Detached House

Local Area Statistics

Population in M19	34,83834,838
Population in Manchester	920,095920,095
Town centre distance	2.82 miles away2.82 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.11 miles away0.11 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+13%+13%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+30%+30%

Property History

Price changed to £290,000

February 8, 2025

Listed for £300,000

January 30, 2025

Floor Plans

Description

Three Bedrroms +
Semi Detached +
Driveway +
Garden +
Good Location +
Chain Free +

New to market is this fantastic three bedroom semi detached home. The property has been well maintained by the current owner and just requires some modernisation. Available on a chain free basis.

The accommodation comprises; entrance hallway, bay fronted lounge, additional reception room to the rear with doors overlooking the garden, fitted kitchen, three well proportioned bedrooms and family bathroom.

Externally there is a walled and gated driveway providing ample off road parking. To the rear is an attractive garden with lawn area, planted borders, patio and shed.

The property is ideally positioned to take advantage of some excellent local amenities, schools and transport links, with easy access into Didsbury and Manchester via, major bus routes, train, tram and the M60 motorway network.

An early viewing comes highly recommended.

Agent Details

Bridgfords, Didsbury

0161 524 4743

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Refurb/BRRR, Manchester, M19 1PL

£300,000

12 views • a year ago • 90 m²

Sold STC

3 Bed House, Refurb/BRRR, Manchester, M19 1QL

£330,000

6 views • 5 months ago • 93 m²

Sold STC

3 Bed House, Refurb/BRRR, Stockport, SK4 3PJ

£350,000

3 views • 2 months ago • 93 m²

3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M19 1NR, £290,000

ValuationFair Value

Investment OpportunityOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

3 Bed House, Refurb/BRRR, Manchester, M19 1PL

3 Bed House, Refurb/BRRR, Manchester, M19 1QL

3 Bed House, Refurb/BRRR, Stockport, SK4 3PJ

Investment Opportunity

Local Sold Prices

Local Rents