2 Bed Flat, Single Let, Manchester, M22 4UD, £125,000

11 Kendal Court, Downes Way, Sharston, M22 4UD - 3 months ago

Leasehold
BTL
ROI: 12%
51 m²
+4 photos

ValuationOvervalued

Sold Prices£86.5K - £800K
Sold Prices/m²£1.5K/m² - £6.7K/m²

 

 

Square Metres

51 m²
Price/m²£2.5K/m²

Value Estimate

£112,196

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£7,450

Total Cash In

£38,700

 

 

Cash Out

 

Rent Range

£995 - £1,400

Rent Estimate

£995

Running Costs/mo

£610

Cashflow/mo

£385

Cashflow/yr

£4,625

ROI

12%

Gross Yield

10%

Local Sold Prices

50 sold prices from £86.5K to £800K, average is £142K. £1.5K/m² to £6.7K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£139.9K10/210.05 mi102, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£165K07/230.05 mi80, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£166.5K04/230.05 mi46, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£170K10/220.05 mi42, Starling Close, Manchester, Greater Manchester M22 4XS2
£160K12/220.05 mi52, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£165K02/230.17 mi25, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£130K11/200.17 mi21, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£130K05/210.17 mi31, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£150K02/230.2 mi4, Fenside Road, Manchester, Greater Manchester M22 4WZ2
£125K03/210.57 mi11, Lovett Walk, Manchester, Greater Manchester M22 4LB2
£137.5K04/210.6 mi124, Royle Green Road, Manchester, Greater Manchester M22 4LD2
£120K12/200.62 mi1, Kerfoot Close, Manchester, Greater Manchester M22 4YJ2
£146K12/220.81 mi2, Bude Walk, Manchester, Greater Manchester M23 1PG2
£135K09/230.9 mi48, Studland Road, Manchester, Greater Manchester M22 5AN2
£197K12/201.01 mi18, Govan Street, Manchester, Greater Manchester M22 4HA2
£150K01/231.04 mi32, Floatshall Road, Manchester, Greater Manchester M23 1BX2
£115K02/211.05 mi21, Floatshall Road, Manchester, Greater Manchester M23 1WE2
£150K11/231.14 mi13, Flaxwood Walk, Manchester, Greater Manchester M22 9RW2
£110K05/231.17 mi18, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£131K11/201.17 mi16, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£137.5K05/231.17 mi20, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£130K06/211.18 mi16, Avebury Road, Manchester, Greater Manchester M23 2GE2
£97K05/231.2 mi41, Calve Croft Road, Manchester, Greater Manchester M22 5FY2
£142K02/211.2 mi2, Heyland Road, Manchester, Greater Manchester M23 1HE2
£86.5K12/201.22 mi53, Longhope Road, Manchester, Greater Manchester M22 1UP2
£118K11/221.22 mi21, Longhope Road, Manchester, Greater Manchester M22 1UP2
£120K10/211.24 mi32, Beamsley Drive, Manchester, Greater Manchester M22 1TZ2
£130K09/221.24 mi90, Oakcliffe Road, Manchester, Greater Manchester M23 1DA2
£285K05/211.24 mi15, Oakcliffe Road, Manchester, Greater Manchester M23 1DA2
£139K12/221.24 mi64, Oakcliffe Road, Manchester, Greater Manchester M23 1DA2
£143K11/221.24 mi92, Oakcliffe Road, Manchester, Greater Manchester M23 1DA2
£122.3K10/231.24 mi60, Oakcliffe Road, Manchester, Greater Manchester M23 1DA2
£110K09/231.27 mi104, Cotefield Road, Manchester, Greater Manchester M22 1UG2
£142K09/221.33 mi17, Portslade Walk, Manchester, Greater Manchester M23 2RQ2
£158K08/231.36 mi2, Knowe Avenue, Manchester, Greater Manchester M22 0FG2
£133K10/221.43 mi2, Borth Walk, Manchester, Greater Manchester M23 1EJ2
£185K03/241.47 mi11, Brayford Road, Manchester, Greater Manchester M22 0NS2
£212.8K12/201.47 mi13, Hearthstone Close, Cheadle, Greater Manchester SK8 2NW2
£130K08/211.48 mi89, Silverdale Road, Gatley, Cheadle, Greater Manchester SK8 4RF2
£147K12/221.53 mi1, Foxton Walk, Manchester, Greater Manchester M23 2YE2
£155K09/211.56 mi15, Dixon Court, Cheadle, Greater Manchester SK8 1DE2
£183K08/211.56 mi2, Dixon Court, Cheadle, Greater Manchester SK8 1DE2
£150K01/231.58 mi25, Chatcombe Road, Manchester, Greater Manchester M22 1RQ2
£133.5K08/211.62 mi10, Barrowfield Road, Manchester, Greater Manchester M22 1RT2
£100K09/231.64 mi16, Woodbridge Grove, Manchester, Greater Manchester M23 0NL2
£228K07/231.65 miFlat 28, South View Gardens, Schools Hill, Cheadle, Greater Manchester SK8 1PA2
£240K11/201.65 miFlat 31, South View Gardens, Schools Hill, Cheadle, Greater Manchester SK8 1PA2
£265K03/231.65 miFlat 31, South View Gardens, Schools Hill, Cheadle, Greater Manchester SK8 1PA2
£180K11/221.67 miFlat 31, Whitegates, Wilmslow Road, Cheadle, Greater Manchester SK8 1HG2
£800K05/211.68 mi2, Plowley Close, Manchester, Greater Manchester M20 2DB2

Local Rents

33 rents from £995/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05005/240.07 miAltrincham Road, Manchester2
£1,15004/250.09 mi-2
£1,15006/240.11 miNorthumberland Way, Sharston2
£1,20004/250.11 mi-2
£1,10005/240.12 mi196 Altrincham Road, Manchester2
£1,20002/250.12 mi-2
£1,10002/250.12 mi-2
£1,19505/240.12 miPetworth Close, Manchester, M222
£99512/240.12 mi-2
£1,05001/250.13 mi-2
£1,20002/250.16 mi-2
£1,05005/240.18 miAltrincham Road, Manchester, Greater Manchester, M222
£1,00004/250.18 mi-2
£1,20012/240.18 mi-2
£1,10005/240.19 miAltrincham Road, Manchester2
£1,15005/240.2 miTurnbury Road, Sharston, Manchester, M22 4ZB2
£1,15005/240.21 miFenside Road, Manchester2
£1,10004/250.21 mi-2
£1,15005/240.27 miStancliffe Road, Manchester, Greater Manchester, M222
£1,10005/240.36 miChaffinch Close, Sharston, M22 4WX2
£1,15012/240.37 mi-2
£1,25005/240.38 miChaffinch Close, Manchester2
£1,05005/240.41 mi21 Broadoak Drive, Manchester, Greater Manchester, M222
£1,10009/240.44 miCranston Grove, SK82
£1,20009/240.45 miCranston Grove, Gatley, Cheadle, Cheshire, SK82
£1,00005/240.47 miGreenwood Road, Wythenshawe, Manchester, M222
£1,00005/240.47 mi69 Greenwood Rd, Moss Nook2
£1,00005/240.47 mi71 Greenwood Road, Wythenshawe2
£1,05004/250.5 mi-2
£99505/240.5 miGreenwood Road, Manchester, M222
£1,20006/240.61 miGreenwood Road, Wythenshawe2
£1,40005/240.61 miBronington Close, Northenden2
£1,20003/250.62 mi-2

Local Area Statistics

Population in M22

42,201

Population in Manchester

920,095

Town centre distance

4.24 miles away

Nearest school

0.50 miles away

Nearest train station

0.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+52%

Property History

Listed for £125,000

February 3, 2025

Floor Plans

Description

  • No Onward Chain +
  • Requires Internal Improvement +
  • Two Bedrooms +
  • Open-plan Living/Dining Room +
  • Juliet Balcony +
  • Bathroom +
  • Second Floor Position +
  • Popular Development +
  • Close to Transport Links +
  • Sold As Seen +

Main & Main are now in receipt of an offer for the sum of £135,000 for 11 Kendal Court.

Anyone wishing to place an offer on the property should contact Main and Main, 198 Finney Lane, Heald Green, Cheadle, SK8 3QA, prior to exchange of contracts.

Located to the top floor of a purpose-built development, this two bedroom apartment is offered for sale with no onward chain involved.

The apartment requires improvement. It is priced accordingly and sold as seen.

A communal hallway and stairs rise to the second floor and the private entrance to the apartment. An entrance hallway leads to an open-plan living/dining room with Juliet balcony and built-in storage. The room leads to a kitchen area. There are two bedrooms and a bathroom.

Kendal Court stands in maintained communal gardens, with an allocated parking space.

This is a property with significant potential - The location is popular thanks to it offering excellent transport links and easy access to amenities.

Communal Entrance Hallway - Stairs rising to second floor.

Private Entrance To Apartment -

Entrance Hallway - With storage cupboard.

Living Room - 4.98m max red to 2.57m x ( 16'4" max red to 8'5" -

Kitchen - 2.31m max x 2.29m max (7'7" max x 7'6" max) -

Bedroom One - 3.15m x 2.79m (10'4" x 9'2") - Plus wardrobes

Bedroom Two - 2.16m x 2.79m (7'1" x 9'2") -

Bathroom - 1.78m x 2.08m (5'10" x 6'10") -

Externally - Maintained communal gardens and allocated parking space.

Disclaimer - All services/appliances have not and will not be tested.

Additional Information - Lease: 964 years of a 999 year lease remain (Start date 31/03/1990, end date 28/03/2989)
Service Charge: £1,532.40 PA
Ground Rent: £246.29 PA

Agent Details

Main & Main, Heald Green

0161 524 7286

Next Steps?

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