3 Bed Semi-Detached House, Single Let, Manchester, M18 8WU, £250,000

Alston Road, Gorton, M18 8WU - 2 views - 2 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£70K - £305.6K
Sold Prices/m²£889/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£167,218

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£950 - £3,300

Rent Estimate

£1,113

Running Costs/mo

£1,024

Cashflow/mo

£89

Cashflow/yr

£1,070

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £70K to £305.6K, average is £160K. £889/m² to £3.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£165K02/210.03 mi9, Havers Road, Manchester, Greater Manchester M18 8UN3
£305.6K12/220.06 mi68, High Bank, Manchester, Greater Manchester M18 8UL3
£135K10/200.1 mi28, Harrington Street, Manchester, Greater Manchester M18 8UQ3
£178.5K10/230.11 mi118, Cross Lane, Manchester, Greater Manchester M18 8NZ3
£70K05/230.11 mi3, Tanners Street, Manchester, Greater Manchester M18 8WT3
£170K12/200.12 mi10, Chertsey Close, Manchester, Greater Manchester M18 8QY3
£255K06/230.13 mi2, Donnington Road, Manchester, Greater Manchester M18 8RX3
£161K02/230.16 mi2, Hawthorn Street, Manchester, Greater Manchester M18 8PT3
£180K10/200.16 mi11, Louvaine Close, Manchester, Greater Manchester M18 8SJ3
£240K08/240.17 mi8, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA3
£201K09/210.18 mi76, Chapman Street, Manchester, Greater Manchester M18 8UA3
£160K11/210.19 mi36, Carberry Road, Manchester, Greater Manchester M18 8PG3
£178K04/240.19 mi50, Carberry Road, Manchester, Greater Manchester M18 8PG3
£105K10/200.19 mi58, Carberry Road, Manchester, Greater Manchester M18 8PG3
£156.5K01/210.21 mi9, Wentworth Avenue, Manchester, Greater Manchester M18 8RD3
£232K03/240.22 mi1, Redacre Road, Manchester, Greater Manchester M18 8RU3
£210K05/240.22 mi3, Redacre Road, Manchester, Greater Manchester M18 8RU3
£230K05/230.22 mi15, Redacre Road, Manchester, Greater Manchester M18 8RU3
£232K03/240.22 mi5, Redacre Road, Manchester, Greater Manchester M18 8RU3
£224.5K07/240.22 mi11, Hinstock Crescent, Manchester, Greater Manchester M18 8UU3
£126.5K02/210.22 mi27, Sheerness Street, Manchester, Greater Manchester M18 8TY3
£162K12/230.22 mi6, Sheerness Street, Manchester, Greater Manchester M18 8TY3
£205K11/220.23 mi12, Hinstock Crescent, Manchester, Greater Manchester M18 8UU3
£154K02/210.23 mi138, Chapman Street, Manchester, Greater Manchester M18 8LZ3
£165K11/230.25 mi2, Willow Grove, Manchester, Greater Manchester M18 7FG3
£118K02/210.25 mi9, Roxburgh Street, Manchester, Greater Manchester M18 8WX3
£175K02/230.25 mi160, Chapman Street, Manchester, Greater Manchester M18 8LZ3
£85K12/220.26 mi373, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RB3
£155K01/240.27 mi30, Pinnington Road, Manchester, Greater Manchester M18 8WR3
£145K02/210.27 mi22, Field Street, Manchester, Greater Manchester M18 8GT3
£151K02/240.28 mi9, Pinnington Road, Manchester, Greater Manchester M18 8NR3
£116K01/210.29 mi42, Long Street, Manchester, Greater Manchester M18 8QT3
£124K10/200.3 mi17, Elsdon Drive, Manchester, Greater Manchester M18 8WG3
£160K03/210.3 mi13, Elsdon Drive, Manchester, Greater Manchester M18 8WG3
£107.5K11/210.3 mi42, Godwin Street, Manchester, Greater Manchester M18 8GS3
£235K04/230.31 mi12, Harrop Street, Manchester, Greater Manchester M18 8RW3
£150K08/210.31 mi4, Woodland Avenue, Manchester, Greater Manchester M18 7HF3
£160K09/230.31 mi16, Woodland Avenue, Manchester, Greater Manchester M18 7HF3
£243.5K07/220.31 mi12, Forshaw Avenue, Manchester, Greater Manchester M18 8XQ3
£155K04/240.32 mi42, Constable Street, Manchester, Greater Manchester M18 8QJ3
£150K04/210.32 mi24, Hengist Street, Manchester, Greater Manchester M18 7EL3
£155K11/200.34 mi229, Chapman Street, Manchester, Greater Manchester M18 8WP3
£157K08/230.34 mi5, Walmer Street, Abbey Hey, Manchester, Greater Manchester M18 8QP3
£148K03/230.34 mi18, Walmer Street, Abbey Hey, Manchester, Greater Manchester M18 8QP3
£170K10/230.34 mi4, Winfield Drive, Manchester, Greater Manchester M18 8NQ3
£195K11/230.35 mi14, Franklyn Road, Manchester, Greater Manchester M18 8QX3
£110K11/200.35 mi47, Constable Street, Manchester, Greater Manchester M18 8QQ3
£150K03/230.35 mi32, Woodland Road, Gorton, Manchester, Greater Manchester M18 7JE3
£163.5K02/210.36 mi78, Longford Street, Manchester, Greater Manchester M18 8GQ3
£145K06/230.36 mi30, Longford Street, Manchester, Greater Manchester M18 8GQ3

Local Rents

51 rents from £950/mo to £3.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30005/240.17 mi-3
£1,20005/240.19 miCarberry Road, Gorton, Manchester, M183
£1,20005/240.19 miAysgarth Avenue, Abbey Hey3
£1,25005/240.19 miAysgarth Avenue, Manchester, M183
£1,25003/250.2 mi-3
£1,19512/240.2 mi-3
£1,25005/240.2 miHollybush Street, Manchester, M183
£1,00005/240.21 mi Sheerness Street, Gorton, M183
£95005/240.21 miCarberry Road, Gorton3
£1,27505/240.22 miWistaria Road, Manchester, M183
£1,27512/240.22 mi-3
£1,20002/250.24 mi-3
£1,20005/240.3 miWoodland Avenue, Gorton, Manchester, M18 7HF3
£1,35012/240.31 mi-3
£1,20003/250.32 mi-3
£1,60003/250.32 mi-3
£1,15012/240.33 mi-3
£1,10012/240.34 mi-3
£1,30005/240.35 miWalmer Street, Abbey Hey, Manchester3
£1,55012/240.35 mi-3
£1,55012/240.35 mi-3
£1,45002/250.35 mi-3
£1,55006/240.35 miStainton Avenue, Manchester, M183
£1,15005/240.36 miLongford Street, M183
£1,40005/240.36 mi-3
£99505/240.36 miLongford Street, Manchester, Greater Manchester, M183
£1,40003/250.37 mi-3
£1,15006/240.38 miWelbeck Street, Manchester, M183
£1,20004/240.38 mi-3
£1,19505/240.4 miReynolds Drive, Manchester, M183
£1,39505/240.4 mi-3
£1,40012/240.4 mi-3
£1,70005/240.45 mi-3
£1,70005/240.45 mi-3
£1,50012/240.45 mi-3
£1,50012/240.46 mi-3
£1,50002/250.46 mi-3
£1,50003/250.46 mi-3
£1,29505/240.48 mi-3
£1,15012/240.48 mi-3
£1,40002/250.49 mi-3
£1,35012/240.49 mi-3
£1,19506/240.52 miJetson Street, Abbey Hey, M18 8SZ3
£1,25012/240.52 mi-3
£1,55012/230.52 mi-3
£3,30012/240.53 mi-3
£3,30002/250.53 mi-3
£3,30002/250.53 mi-3
£2,60002/250.53 mi-3
£1,35006/240.54 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.54 miDorlan Avenue, Gorton, Manchester, M183

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.59 miles away

Nearest school

0.10 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £250,000

February 4, 2025

Floor Plans

Description

  • Large Corner Plot +
  • Driveway +
  • Excellent Location +
  • Potential to Extend STPP +
  • Freehold +

Welcome to Alston Road!

This charming three bedroom, semi detached home situated on a LARGE CORNER PLOT is the ideal home for any UPSIZERS, FIRST TIME BUYERS or GROWING FAMILIES. The property is sat within one of the most DESIRABLE locations of Gorton, with local transport close by as well as reputable schools, making it perfect for families or commuters alike

The home itself offers ample space throughout. Upon entering you are greeted with a GENEROUS HALLWAY that leads you to the OPEN PLAN living and dining room which is the perfect for families or anyone looking for a sociable space ideal for hosting. Heading back into the hallway you are then accessing the functional kitchen area. As you move upstairs you will find THREE GENEROUSLY SIZED BEDROOMS, as well as a extra room ideal for storage or offering room for the potential to extend the living space even further into the loft area STPP. Externally the gardens which wrap around the length of the property, offer ample outdoor space for relaxing in the summer nights or offering plenty of room for future extensions STPP. Call today to arrange your viewing and ensure you do not miss out on this RARE OPPORTUNITY!

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 💪