3 Bed Terraced House, Single Let, Manchester, M43 6AQ, £170,000

Field Street, Droylsden, M43 6AQ - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£100K - £338K
Sold Prices/m²£1.1K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£189,569
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£995 - £3,000

Rent Estimate

£1,100

Running Costs/mo

£771

Cashflow/mo

£329

Cashflow/yr

£3,945

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £100K to £338K, average is £175K. £1.1K/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£147.5K01/210.01 mi1, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP3
£130K07/230.14 mi1, High Bank Road, Droylsden, Manchester, Greater Manchester M43 6FS3
£142.5K11/200.14 mi57, High Bank Road, Droylsden, Manchester, Greater Manchester M43 6FS3
£175K06/210.15 mi8, Old Farm Crescent, Droylsden, Manchester, Greater Manchester M43 6FT3
£150K11/200.15 mi48, Old Farm Crescent, Droylsden, Manchester, Greater Manchester M43 6FT3
£165K04/210.16 mi3, Cordingley Avenue, Droylsden, Manchester, Greater Manchester M43 6FU3
£181.1K11/210.18 mi32, Farrar Road, Droylsden, Manchester, Greater Manchester M43 6EX3
£173K03/230.2 mi9, Maddison Road, Droylsden, Manchester, Greater Manchester M43 6ES3
£195K08/210.21 mi45, Lyme Grove, Droylsden, Manchester, Greater Manchester M43 6EY3
£338K10/210.21 mi20, Fairfield Avenue, Droylsden, Manchester, Greater Manchester M43 6ED3
£338K10/210.21 mi20, Fairfield Avenue, Droylsden, Manchester, Greater Manchester M43 6ED3
£225K02/210.21 mi12, Fairfield Avenue, Droylsden, Manchester, Greater Manchester M43 6ED3
£220K05/210.24 mi12a, Broadway, Droylsden, Manchester, Greater Manchester M43 6FD3
£181K06/230.24 mi4, Albany Avenue, Manchester, Greater Manchester M11 1HQ3
£195K09/220.24 mi12, Albany Avenue, Manchester, Greater Manchester M11 1HQ3
£165K06/210.24 mi4, John Street, Droylsden, Manchester, Greater Manchester M43 6FY3
£158K02/210.24 mi2, Edmund Street, Droylsden, Manchester, Greater Manchester M43 6GN3
£215K03/210.25 mi11, The Crest, Droylsden, Manchester, Greater Manchester M43 6FL3
£212K11/220.25 mi1, Lock Keepers Court, Droylsden, Manchester, Greater Manchester M43 6GG3
£215K06/230.26 mi1, Beech Avenue, Droylsden, Manchester, Greater Manchester M43 6FR3
£154K04/210.26 mi9, Oxton Street, Manchester, Greater Manchester M11 1HY3
£175K07/210.26 mi1, Oxton Street, Manchester, Greater Manchester M11 1HY3
£190.6K11/200.26 mi23, Oxton Street, Manchester, Greater Manchester M11 1HY3
£209.2K03/230.26 mi33, Oxton Street, Manchester, Greater Manchester M11 1HY3
£145K05/210.26 mi21, Ashbrook Street, Openshaw, Manchester, Greater Manchester M11 1GS3
£250K04/210.27 mi29, Kershaw Street, Droylsden, Manchester, Greater Manchester M43 6FQ3
£150K06/210.28 mi17, Hobson Street, Manchester, Greater Manchester M11 1HT3
£165K03/210.28 mi9, Hobson Street, Manchester, Greater Manchester M11 1HT3
£128K11/220.3 mi56, Kershaw Street, Droylsden, Manchester, Greater Manchester M43 6FZ3
£215K01/210.3 mi24, Linden Way, Droylsden, Manchester, Greater Manchester M43 6QJ3
£170K03/210.3 mi4, Evington Avenue, Openshaw, Manchester, Greater Manchester M11 1GW3
£105K12/200.3 mi6a, Market Street, Droylsden, Manchester, Greater Manchester M43 6EA3
£160K11/210.31 mi11, West Bank, Openshaw, Manchester, Greater Manchester M11 1GT3
£100K06/230.31 mi9, West Bank, Openshaw, Manchester, Greater Manchester M11 1GT3
£195K02/240.31 mi7, Rayleigh Avenue, Openshaw, Manchester, Greater Manchester M11 1GU3
£128.5K10/210.31 mi54a, Kershaw Street, Droylsden, Manchester, Greater Manchester M43 6FZ3
£190K02/230.32 mi14, Westway, Droylsden, Manchester, Greater Manchester M43 6FH3
£175K08/210.32 mi7, Mulberry Walk, Droylsden, Manchester, Greater Manchester M43 6QH3
£260K11/220.33 mi1, Foxley Close, Droylsden, Manchester, Greater Manchester M43 6HS3
£173K11/220.33 mi10, Neston Street, Manchester, Greater Manchester M11 1HZ3
£172.5K02/210.34 mi40, Delamere Street, Manchester, Greater Manchester M11 1JY3
£185K02/230.34 mi40, Delamere Street, Manchester, Greater Manchester M11 1JY3
£191K07/210.34 mi64, Neston Street, Manchester, Greater Manchester M11 1HZ3
£172K06/210.34 mi34, Neston Street, Manchester, Greater Manchester M11 1HZ3
£227K07/230.34 mi3, Delamere Street, Manchester, Greater Manchester M11 1JY3
£160K03/240.34 mi19, Capital Road, Manchester, Greater Manchester M11 1JZ3
£222.5K09/210.35 mi48, Masefield Road, Droylsden, Manchester, Greater Manchester M43 6RJ3
£185K03/230.36 mi16, Cemetery Road, Droylsden, Manchester, Greater Manchester M43 6QN3
£154.5K10/220.36 mi48, Capital Road, Manchester, Greater Manchester M11 1LA3
£192K01/210.36 mi2, Rainow Avenue, Droylsden, Manchester, Greater Manchester M43 6HW3

Local Rents

50 rents from £995/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20001/250.13 mi-3
£1,20012/240.13 mi-3
£1,30010/240.17 mi-3
£1,10005/240.18 mi-3
£1,10005/240.18 miShort Avenue, Droylsden, Manchester, M433
£1,15005/240.19 miFarrar Road, Droylsden, Manchester3
£1,50012/240.19 mi-3
£1,10005/240.23 miLock Keepers Court, Droylsden, Manchester, M433
£99506/240.24 mi-3
£1,25006/240.27 miNorthway, Droylsden, M433
£1,05012/240.29 mi-3
£1,00008/240.3 miManchester Road, Droylsden3
£1,10008/240.3 miManchester Road, Droylsden3
£1,17506/240.31 mi-3
£1,17505/240.31 miFairway, Manchester, M433
£1,39512/240.31 mi-3
£1,10005/240.32 miGorseyfields, Droylsden 3
£1,29505/240.32 miDroylsden, Manchester, M433
£1,20005/240.33 mi-3
£1,20007/240.33 miMarket Street, Droylsden, M433
£1,20007/240.33 miMarket Street, Droylsden, M433
£1,20010/240.34 mi-3
£1,25007/240.34 miBridgewater Wharf , Droylsden 3
£1,39011/240.36 mi-3
£1,40001/250.36 mi-3
£1,35004/250.36 mi-3
£1,35004/250.36 mi-3
£3,00005/240.37 mi-3
£2,95009/240.37 mi-3
£1,30006/240.37 mi-3
£1,30006/240.37 miAshdale Crescent, Droylsden, Manchester, M433
£1,20005/240.38 mi-3
£1,80011/240.38 mi-3
£1,49911/240.38 mi-3
£1,20003/240.38 miRainow Avenue, Droylsden, Manchester, M433
£1,28004/250.39 mi-3
£1,15012/240.39 mi-3
£1,35001/240.4 mi-3
£1,20004/250.41 mi-3
£1,45006/240.41 miThe Orangery, Droylsden, Manchester, M433
£1,45007/240.41 mi-3
£1,40006/240.41 mi-3
£1,20005/240.42 miScott Road, Droylsden, Manchester, M433
£1,10006/240.42 miScott Road, Droylsden, Manchester, M433
£1,48008/240.44 mi-3
£1,20006/240.45 mi-3
£1,20005/240.45 miManchester Road, Manchester, M433
£1,48005/240.45 miMarmalade Lane, Droylsden, Manchester, M433
£1,18005/240.45 mi-3
£1,48006/240.45 mi-3

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

4.22 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £170,000

February 4, 2025

Floor Plans

Description

  • No vendor chain. +
  • 3 Bedroom Mid Terrace. +
  • GCH & Double glazed. +
  • Close to local amenities. +
  • Ready to move into. +
  • Popular location. +

This spacious 3-bedroom mid terrace is being sold with no vendor chain, and is ideal for both first-time buyers and families alike. Viewings are highly recommended. The accommodation is located within this popular residential street in Droylsden, close to local shops, schools and transport links, as well as Lime Square Retail Park. This property also overlooks Fairfield Moravian Allotments, to the rear and has a low maintenance rear paved garden which also double as off-road parking if required. The accommodation itself benefits from gas central heating, PVCu double glazing, modern kitchen and shower room, two reception rooms and 3 good sized bedrooms. Viewings are highly recommended and the property can also be viewed using our online 360 viewing tour.

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 💪