2 Bed Flat, Single Let, Manchester, M16 9BE, £165,000

16 Northumberland Crescent, Old Trafford, M16 9BE - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 6%
57 m²
+23 photos

ValuationOvervalued

Sold Prices£95.5K - £540K
Sold Prices/m²£1.7K/m² - £3.8K/m²

 

 

Square Metres

57 m²
Price/m²£2.9K/m²

Value Estimate

£149,286

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£570 - £2,800

Rent Estimate

£947

Running Costs/mo

£725

Cashflow/mo

£222

Cashflow/yr

£2,664

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £95.5K to £540K, average is £161K. £1.7K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£122.5K05/210.49 mi377a, Stretford Road, Manchester, Greater Manchester M15 4AW2
£215K12/220.5 mi326, City Road, Manchester, Greater Manchester M15 4FA2
£137K08/210.51 mi28, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£142K05/210.51 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£137.5K11/200.51 mi60, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£134K10/210.51 mi143c, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4JG2
£174K12/230.51 mi159b, Chorlton Road, Manchester, Greater Manchester M15 4JG2
£142K05/210.52 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£157.5K04/210.52 mi15, Shawgreen Close, Manchester, Greater Manchester M15 4DR2
£162K03/230.54 mi24, Bankwell Street, Hulme, Manchester, Greater Manchester M15 5LN2
£178K03/230.57 mi15, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£170K02/230.57 mi17, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£157.5K05/230.57 mi22, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£144K02/210.57 mi71, Drayton Street, Hulme, Manchester, Greater Manchester M15 5LL2
£144K02/210.57 mi71, Drayton Street, Hulme, Manchester, Greater Manchester M15 5LL2
£159.5K11/220.57 mi75, Drayton Street, Manchester, Greater Manchester M15 5LL2
£138K07/210.59 mi324a, Stretford Road, Manchester, Greater Manchester M15 5TP2
£160K03/230.59 mi98, Bold Street, Hulme, Manchester, Greater Manchester M15 5QH2
£160K08/230.63 mi1d, Rolls Crescent, Manchester, Greater Manchester M15 5JZ2
£180K05/230.63 mi32, Abbotside Close, Manchester, Greater Manchester M16 7RP2
£540K02/210.66 mi15, Whalley Road, Manchester, Greater Manchester M16 8AD2
£165K06/230.71 mi296b, Stretford Road, Manchester, Greater Manchester M15 5TN2
£180K12/220.71 miApartment 47, Slater House, Woden Street, Salford, Greater Manchester M5 4UE2
£153.5K03/210.72 mi41, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£153K12/230.73 miRenolds House, Apartment 19, Everard Street, Salford, Greater Manchester M5 4UB2
£114K11/230.73 miApartment 1, Renolds House, Everard Street, Salford, Greater Manchester M5 4UB2
£187K05/230.74 mi61, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£250K07/210.74 miFlat 301, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£260K06/230.74 miFlat 108, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£130K01/210.75 miFlat 29, Thomas Court, Beattock Close, Manchester, Greater Manchester M15 4JA2
£205.5K12/220.75 mi53, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£142.5K10/230.75 mi26, Chichester Road South, Hulme, Manchester, Greater Manchester M15 5QQ2
£172K03/240.76 mi7, St Wilfrids Street, Manchester, Greater Manchester M15 5XE2
£148K05/210.76 mi94, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£172.5K06/230.76 mi94, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£173.5K12/220.76 mi86, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£210K09/210.77 miFlat 202, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£150K12/220.77 mi41, St Mary's Street, Hulme, Manchester, Greater Manchester M15 5WB2
£95.5K01/210.77 mi1, Bold Street, Hulme, Manchester, Greater Manchester M15 5QR2
£263K12/230.78 mi44, Merchants Quay, Salford, Greater Manchester M50 3XR2
£195K06/210.78 mi2, Woodlawn Court, Manchester, Greater Manchester M16 9RH2
£170K12/220.78 mi44, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£199.9K03/210.79 mi48, Woodlawn Court, Manchester, Greater Manchester M16 9RJ2
£165K06/210.79 mi104, Rolls Crescent, Manchester, Greater Manchester M15 5FP2
£140K11/200.79 mi102, Rolls Crescent, Manchester, Greater Manchester M15 5FP2
£134K04/210.8 mi16, Rook Street, Manchester, Greater Manchester M15 5PS2
£210K10/200.81 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£210K10/200.81 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£250K10/210.81 mi62, Merchants Quay, Salford, Greater Manchester M50 3XG2
£135K12/230.82 mi12b, Blanchard Street, Manchester, Greater Manchester M15 5PN2

Local Rents

50 rents from £570/mo to £2.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£99503/250.08 mi-2
£1,25006/240.08 miChester Road, Old Trafford, Manchester2
£1,46005/240.1 miWestpoint, Chester Road2
£1,05005/240.1 miThe Pulse, 25 Chorlton Street, Old Trafford, Manchester, M162
£1,20003/240.14 miPulse Apartments, Manchester Street, M162
£1,00005/240.14 miManchester Road, Trafford2
£1,10005/240.14 miManchester Street, Manchester, Greater Manchester, M162
£1,09503/240.15 miThe Pulse, 50 Manchester Street, Manchester, M162
£1,05005/240.15 miHulme, Manchester, M162
£1,10005/240.15 miPulse apartments, 50 Manchester Street, Manchester2
£1,10006/240.15 miPulse apartments, 50 Manchester Street, Manchester2
£1,10002/240.15 mi-2
£1,10005/240.17 mi78 Northumberland Road, Old Trafford2
£1,60001/250.22 mi-2
£95012/240.23 mi-2
£1,05005/240.24 miMetropolitan House, Brindley Road, Manchester, Greater Manchester, M162
£95005/240.24 miMetropolitan House, Brindley Road, Manchester, Greater Manchester, M162
£1,40005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,40005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,45005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,40005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,30005/240.27 mi-2
£1,42505/240.27 mi-2
£1,45005/240.28 miTower C, X1 Manchester Waters, 5 Pomona Strand , Old Trafford2
£1,15006/240.28 miStretford Road, Old Trafford, Manchester, M162
£2,50012/240.28 mi-2
£2,50012/240.28 mi-2
£2,10005/240.28 mi-2
£2,80012/240.28 mi-2
£1,25005/240.28 miMadison Apartments, Manchester, M16 0NB2
£1,20005/240.29 miUrban Green, Old Trafford2
£1,65005/240.29 miUrban Green, 75 Seymour Grove, Old Trafford, Manchester2
£1,55012/240.29 mi-2
£1,20005/240.29 mi-2
£1,30006/240.29 mi-2
£1,55012/240.3 mi-2
£92506/240.3 mi366 Chester Road, Manchester2
£1,15005/240.3 miMillennium House, Chester Road, Manchester, M162
£60905/240.3 mi-2
£57002/250.31 mi-2
£1,15005/240.31 miPark Rise, Trafford Plaza, 73 Seymour Grove, Manchester, M162
£1,30005/240.31 miUrban Green, Old Trafford, Manchester, M162
£1,44505/240.31 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,20005/240.31 miUrban Green, Old Trafford, M162
£1,30005/240.31 miUrban Green, Old Trafford, M162
£1,24505/240.31 miUrban Green, 75 Seymour Grove, Old Trafford2
£1,15005/240.31 miSeymour Grove, Manchester,M162

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

0.97 miles away

Nearest school

0.30 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Listed for £165,000

February 4, 2025

Floor Plans

Description

  • NO CHAIN +
  • Well presented top floor apartment +
  • Two double bedrooms +
  • Walking distance to multiple local parks +
  • 0.4 miles to the Metro (Trafford Bar) +
  • Ideal first time buy +
  • South facing balcony +
  • Allocated off road parking +
  • Double glazing and gas central heating +
  • Council Tax: A. EPC: C. +

*NO CHAIN* Positioned on the top floor of this purpose built development is this beautifully presented TWO DOUBLE BEDROOM APARTMENT, providing spacious accommodation ideal for a young couple or first time buyer. This delightful property benefits from both ALLOCATED OFF ROAD PARKING as well as a SOUTH FACING BALCONY and is ideally placed for all local amenities, transport links including the Metro (Trafford Bar, 0.4 Miles) and is within walking distance to multiple local parks. The accommodation briefly comprises: communal entrance hallway with stairs to second floor landing, entrance hall, 14ft lounge, kitchen, South facing balcony, two well proportioned double bedrooms and bathroom fitted with a three piece suite and over bath shower. Double glazing and gas central heating have been installed throughout. Externally, well maintained communal gardens surround the development. An internal viewing of this fine property is most highly recommended. Sold with no onward chain. Council Tax: A. EPC: C.

Agent Details

Jordan Fishwick, Chorlton

0161 524 4998

Next Steps?

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