3 Bed Terraced House, Single Let, Atherton, M46 0QX, £160,000

St Michaels Avenue, Atherton, M46 0QX - 3 months ago

Sold STC

BTL

ROI: 4%

~71 m²

+18 photos

ValuationUndervalued

Sold Prices	£102K - £325K
Sold Prices/m²	£1.6K/m² - £3.9K/m²

Square Metres	~71.35 m²
Price/m²	£2.2K/m²
Value Estimate	£171,769£171,769
BMV	7%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£40,000£40,000
Stamp Duty & Legal Fees	£9,900£9,900
Total Cash In	£49,900£49,900

Cash Out
Rent Range	£850 - £2,200£850 - £2,200
Rent Estimate	£875
Running Costs/mo	£695£695
Cashflow/mo	£180£180
Cashflow/yr	£2,160£2,160
ROI	4%4%
Gross Yield	7%7%

Local Sold Prices

51 sold prices from £102K to £325K, average is £210K. £1.6K/m² to £3.9K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120.5K	02/21	0.02 mi	8, Clements Avenue, Atherton, Manchester, Greater Manchester M46 0PT	£1,721	70	3	Semi-Detached House
£145K	07/23	0.02 mi	17, Clement Avenue, Atherton, Manchester, Greater Manchester M46 0PT	£2,034	71	3	Semi-Detached House
£197K	11/23	0.04 mi	7, Prosser Avenue, Atherton, Manchester, Greater Manchester M46 0QY	£2,775	71	3	Terraced House
£210K	05/23	0.05 mi	11, Frances Place, Atherton, Manchester, Greater Manchester M46 0QW	£3,043	69	3	Terraced House
£217.5K	10/23	0.11 mi	10, Pike Avenue, Atherton, Manchester, Greater Manchester M46 0QJ	£2,862	76	3	Semi-Detached House
£185K	02/21	0.11 mi	27, Albion Close, Atherton, Manchester, Greater Manchester M46 0GL	£2,283	81	3	Terraced House
£305K	08/23	0.12 mi	3, Gretna Road, Atherton, Manchester, Greater Manchester M46 0LZ	£3,910	78	3	Detached House
£245K	10/23	0.13 mi	Rose Cottage, Rear Of 313, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PQ	-	-	3	Detached House
£268.5K	09/22	0.14 mi	22a, Gibfield Drive, Atherton, Manchester, Greater Manchester M46 0GR	-	-	3	Detached House
£295K	10/23	0.15 mi	7, Valentines Road, Atherton, Manchester, Greater Manchester M46 0LD	-	-	3	Detached House
£215.5K	02/24	0.15 mi	11, Briarcroft Drive, Atherton, Manchester, Greater Manchester M46 0QT	-	-	3	Semi-Detached House
£228K	07/23	0.16 mi	7, Claybrook Close, Atherton, Manchester, Greater Manchester M46 0GG	£2,303	99	3	Terraced House
£102K	12/20	0.16 mi	40, Lilford Street, Atherton, Manchester, Greater Manchester M46 0PF	£1,569	65	3	Terraced House
£250K	08/23	0.19 mi	3, Walkdens Avenue, Atherton, Manchester, Greater Manchester M46 0RU	-	-	3	Semi-Detached House
£210K	10/23	0.22 mi	46, Cromer Drive, Atherton, Manchester, Greater Manchester M46 0QE	-	-	3	Semi-Detached House
£190K	09/23	0.22 mi	3, Cromer Drive, Atherton, Manchester, Greater Manchester M46 0QE	-	-	3	Semi-Detached House
£190K	09/23	0.22 mi	3, Cromer Drive, Atherton, Manchester, Greater Manchester M46 0QE	-	-	3	Semi-Detached House
£267.5K	08/23	0.22 mi	17, Cromer Drive, Atherton, Manchester, Greater Manchester M46 0QE	£3,821	70	3	Bungalow
£215K	11/22	0.22 mi	36, Desmond Street, Atherton, Manchester, Greater Manchester M46 0GH	-	-	3	Semi-Detached House
£219.9K	01/21	0.22 mi	3, Gadbury Court, Atherton, Manchester, Greater Manchester M46 0SQ	£2,682	82	3	Detached House
£255K	11/23	0.23 mi	10, Brook Fold, Atherton, Manchester, Greater Manchester M46 0FT	£2,742	93	3	Terraced House
£220K	11/23	0.23 mi	8, Brook Fold, Atherton, Manchester, Greater Manchester M46 0FT	£2,500	88	3	Terraced House
£230K	08/23	0.24 mi	9, Shalebrook Close, Atherton, Manchester, Greater Manchester M46 0GJ	£1,797	128	3	Terraced House
£210K	02/23	0.24 mi	4, Durban Street, Atherton, Manchester, Greater Manchester M46 0RT	£2,442	86	3	Semi-Detached House
£238K	06/23	0.24 mi	5, Durban Street, Atherton, Manchester, Greater Manchester M46 0RT	£3,606	66	3	Detached House
£129K	04/21	0.25 mi	395, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PW	£1,657	78	3	Terraced House
£129.9K	08/21	0.26 mi	181, Lovers Lane, Atherton, Manchester, Greater Manchester M46 0PY	-	-	3	Terraced House
£280K	09/22	0.27 mi	4, Gadbury Fold, Atherton, Manchester, Greater Manchester M46 0GX	£3,294	85	3	Detached House
£280K	04/24	0.27 mi	44, Gadbury Fold, Atherton, Manchester, Greater Manchester M46 0GX	£2,615	107	3	House
£287K	08/22	0.28 mi	19, Swan Grove, Atherton, Manchester, Greater Manchester M46 0GW	£2,760	104	3	Detached House
£220K	04/21	0.28 mi	1, Colliers Grove, Atherton, Manchester, Greater Manchester M46 0GT	£2,418	91	3	Detached House
£325K	12/20	0.28 mi	296, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GD	£2,407	135	3	Detached House
£165K	02/23	0.28 mi	336, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GD	£2,292	72	3	Terraced House
£170K	02/23	0.29 mi	268, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PN	£1,560	109	3	Terraced House
£250K	03/23	0.29 mi	5, Gadbury Fold, Atherton, Manchester, Greater Manchester M46 0GN	-	-	3	Terraced House
£270K	09/23	0.29 mi	91, Gadbury Fold, Atherton, Manchester, Greater Manchester M46 0GN	-	-	3	Detached House
£215K	07/21	0.3 mi	4, Murray Street, Atherton, Manchester, Greater Manchester M46 0BH	£2,287	94	3	Terraced House
£135K	02/21	0.3 mi	183, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GB	£1,646	82	3	Terraced House
£172K	03/21	0.34 mi	7, White Lee Croft, Atherton, Manchester, Greater Manchester M46 0SS	£2,211	78	3	Semi-Detached House
£179.9K	08/21	0.34 mi	15, White Lee Croft, Atherton, Manchester, Greater Manchester M46 0SS	£1,784	101	3	Terraced House
£177.5K	01/21	0.35 mi	12, Hope Fold Avenue, Atherton, Manchester, Greater Manchester M46 0BN	£2,649	67	3	Semi-Detached House
£205K	11/22	0.36 mi	20, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	£2,470	83	3	Semi-Detached House
£160K	01/21	0.37 mi	58, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	£2,424	66	3	Terraced House
£192.5K	05/21	0.37 mi	40, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	£2,213	87	3	Terraced House
£153K	05/21	0.37 mi	26, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	£1,888	81	3	Semi-Detached House
£185K	08/21	0.37 mi	8, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	-	-	3	Terraced House
£200K	05/23	0.37 mi	14, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	-	-	3	Semi-Detached House
£205K	11/23	0.37 mi	63, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ	£2,204	93	3	Terraced House
£220K	04/21	0.39 mi	340, Hamilton Street, Atherton, Manchester, Greater Manchester M46 0BE	£2,178	101	3	Semi-Detached House
£203K	12/22	0.4 mi	540, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GA	£2,256	90	3	Semi-Detached House
£174K	08/23	0.43 mi	4, Gadbury Avenue, Atherton, Manchester, Greater Manchester M46 0LQ	£2,320	75	3	Semi-Detached House

Local Rents

42 rents from £850/mo to £2.2K/mo, average is £963/mo.

Rent	Date	Distance	Address	Beds	Type
£925	04/25	0.05 mi	-	3	Terraced House
£1,250	12/24	0.22 mi	Cromer Drive, Atherton, Manchester. AVAILABLE NOW	3	Bungalow
£1,000	12/24	0.22 mi	Cromer Drive, Atherton, Manchester. AVAILABLE MAY	3	Bungalow
£1,300	05/24	0.27 mi	Shalewood Court, Atherton, Manchester	3	Detached House
£995	05/24	0.29 mi	Colliers Grove, Atherton	3	Flat
£1,050	03/25	0.29 mi	-	3	Terraced House
£900	05/24	0.47 mi	Wigan road, Atherton, M46 0QA APPLY ONLINE	3	Terraced House
£895	02/24	0.65 mi	-	3	Terraced House
£1,300	02/25	0.68 mi	-	3	Semi-Detached House
£995	11/24	0.7 mi	-	3	Semi-Detached House
£1,000	04/25	0.72 mi	-	3	Terraced House
£1,795	04/25	0.74 mi	-	3	Terraced House
£2,200	11/24	0.74 mi	-	3	Terraced House
£2,200	11/24	0.74 mi	-	3	Terraced House
£900	11/24	0.75 mi	Smallbrook Lane, Leigh, WN7	3	Flat
£925	03/25	0.75 mi	-	3	Terraced House
£1,195	05/24	0.75 mi	Threadneedle Place, Atherton, M46	3	Detached House
£950	11/24	0.79 mi	-	3	Terraced House
£1,200	11/24	0.8 mi	-	3	Detached House
£900	11/24	0.87 mi	-	3	Semi-Detached House
£947	11/24	0.89 mi	Priory Avenue, Leigh, WN7	3	Terraced House
£948	11/24	0.89 mi	-	3	Terraced House
£950	04/25	0.93 mi	-	3	Terraced House
£1,000	02/25	0.95 mi	-	3	Semi-Detached House
£995	09/24	1 mi	-	3	Semi-Detached House
£875	12/24	1.02 mi	Wavertree Avenue, Atherton, M46	3	Semi-Detached House
£950	01/25	1.02 mi	-	3	Semi-Detached House
£900	05/24	1.02 mi	High Street, Atherton, Manchester	3	Terraced House
£875	05/24	1.06 mi	Ainsdale Avenue, Atherton, Manchester	3	Detached House
£895	12/24	1.07 mi	Car Bank Street, Atherton, Manchester	3	Semi-Detached House
£1,050	02/25	1.11 mi	-	3	Terraced House
£860	02/25	1.13 mi	-	3	Terraced House
£950	03/25	1.14 mi	-	3	Terraced House
£950	03/25	1.15 mi	-	3	Semi-Detached House
£1,000	11/24	1.17 mi	-	3	Terraced House
£975	10/24	1.2 mi	-	3	Semi-Detached House
£1,050	01/25	1.22 mi	-	3	Terraced House
£900	03/25	1.22 mi	-	3	Semi-Detached House
£995	02/24	1.22 mi	-	3	Terraced House
£995	02/25	1.22 mi	-	3	Terraced House
£850	12/24	1.23 mi	Devonshire Road, M46	3	Terraced House
£915	03/24	1.24 mi	-	3	Terraced House

Local Area Statistics

Population in M46	22,29822,298
Town centre distance	0.74 miles away0.74 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	1.22 miles away1.22 miles away

Rental growth (12m)	+17%+17%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+45%+45%

Property History

Listed for £160,000

January 31, 2025

Floor Plans

Description

THREE BEDROOM END OF TERRACE +
POPULAR HOWE BRIDGE LOCATION +
WELL PRESENTED THROUGHOUT +
MODERN FITTED KITCHEN +
THREE PIECE FAMILY BATHROOM SUITE +
OFF ROAD PARKING TO THE FRONT +
ENCLOSED YARD TO THE REAR +
GARAGE WITH UP & OVER DOOR +
FREEHOLD +
NO ONWARD CHAIN +

BALMER & CO in ATHERTON are delighted to offer FOR SALE this three bedroom, end-terrace property. Situated in the ever popular Howe Bridge area Atherton, close to local schools, shops, amenities and transport links it is a perfect first time buy. Ground floor accommodation comprises in brief, entrance hallway, sitting room with feature fireplace and a modern fitted kitchen/dining room. To the first floor are three bedrooms and a bathroom suite. Externally, there is a low maintenance yard with single detached garage to the rear with a driveway to the front providing off road parking. Early viewings highly recommended, all enquiries welcome.