2 Bed Flat, Single Let, Manchester, M14 6HJ, £180,000

209b Charlotte Court, Old Hall Lane, Manchester, M14 6HJ - 2 months ago

Leasehold
BTL
ROI: 4%
~57 m²
+3 photos

ValuationOvervalued

Sold Prices£70K - £250K
Sold Prices/m²£1.9K/m² - £3K/m²

 

 

Square Metres

~56.80 m²
Price/m²£3.2K/m²

Value Estimate

£133,229

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£950 - £3,300

Rent Estimate

£950

Running Costs/mo

£773

Cashflow/mo

£178

Cashflow/yr

£2,130

ROI

4%

Gross Yield

6%

Local Sold Prices

43 sold prices from £70K to £250K, average is £157.5K. £1.9K/m² to £3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£155K10/210.21 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.21 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.21 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.21 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£203K12/220.21 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£165K05/210.22 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£185K12/220.24 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£250K12/220.25 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£130.5K03/210.49 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£170K01/230.54 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£160K02/210.54 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/230.54 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/230.54 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/230.54 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/230.54 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/230.54 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£202K12/220.55 mi30, Willow Bank, Manchester, Greater Manchester M14 6XT2
£147K09/210.55 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£162K08/230.55 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£149.9K06/230.55 mi10, Chervil Close, Manchester, Greater Manchester M14 7DP2
£131K05/210.55 mi74, Chervil Close, Manchester, Greater Manchester M14 7DP2
£172.5K12/220.55 mi62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£213K10/210.55 mi32, Willow Bank, Manchester, Greater Manchester M14 6XT2
£155K12/200.56 miFlat 4, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP2
£129K05/230.65 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2
£146.5K12/200.69 miApartment 30, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£160K02/210.69 miApartment 6, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£175K12/200.69 miApartment 7, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£135.5K01/210.71 mi14 Agnes Court, Wilmslow Road, Manchester, Greater Manchester M14 6AJ2
£71.5K10/200.72 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.72 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.72 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£70K03/230.72 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£130K03/230.73 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£135K02/230.75 mi19, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£180K07/210.75 miFlat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£158K10/200.75 miFlat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£139K09/210.76 miFlat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL2
£159.5K12/230.77 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£131K12/200.77 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£123K03/230.79 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.8 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£176.6K02/230.89 mi20, Gwynant Place, Manchester, Greater Manchester M20 4AE2

Local Rents

50 rents from £950/mo to £3.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10006/240.01 miOld Hall Lane, Manchester, Greater Manchester, M142
£1,10005/240.21 miWilmslow Road, Manchester, Greater Manchester, M142
£1,25001/250.22 mi-2
£1,20005/240.24 mi-2
£1,20005/240.24 miBrighton Grove, Manchester, M142
£95005/240.24 miBrighton Grove, Manchester, Greater Manchester, M142
£95005/240.24 miBrighton Grove, Manchester, Greater Manchester, M142
£95003/240.24 miBrighton Grove, Manchester, Greater Manchester, M142
£95005/240.24 miBrighton Grove, Manchester, Greater Manchester, M142
£95003/240.27 miBrighton Grove Manchester, M142
£1,00003/240.29 mi43, M142
£1,19503/240.29 miBrighton Grove, Fallowfield, M14 5YT2
£1,19506/240.31 miGrove House, Brighton Grove, Manchester, M14 5YT2
£1,09505/240.31 miGrove House, Brighton Grove, Manchester, M14 5YT2
£1,12705/240.36 miBalmoral Road, Fallowfield, Manchester, M142
£1,12705/240.36 miBalmoral Road, Fallowfield, Manchester, M142
£2,00005/240.37 miLadybarn Road, Manchester, M14 6WN2
£1,13005/240.37 miLadybarn Road, Manchester, Greater Manchester, M142
£1,10005/240.37 miThe Cube, Wilbraham Road, Fallowfield, Manchester, M142
£1,10005/240.37 miThe Cube, Wilbraham Road, Fallowfield, Manchester, M142
£97505/240.37 miThe Cube, Wilbraham Road, M142
£1,65005/240.37 miLadybarn Road, Manchester, M14 6WN2
£1,49505/240.37 miLadybarn Road, Manchester, M14 6WN2
£1,10002/240.38 mi-2
£1,45012/240.38 mi-2
£1,20002/250.38 mi-2
£1,10001/250.38 mi-2
£1,50005/240.38 miWilmslow Road, Manchester, Greater Manchester, M142
£1,05005/240.39 miLadybarn Lane, Manchester, M142
£1,25003/250.4 mi-2
£1,19501/250.4 mi-2
£1,19503/250.4 mi-2
£1,10005/240.4 miWilbraham Road, Manchester, M142
£1,10005/240.41 miVillage Gate, Wilbraham Road, Fallowfield, M142
£1,00005/240.41 miLadybarn Lane, Fallowfield, Manchester, M142
£1,29506/240.41 mi-2
£1,29505/240.41 miOrange Grove House, Manchester, M142
£1,34003/250.42 mi-2
£3,30002/240.42 mi-2
£3,30005/240.42 mi-2
£3,30005/240.42 mi-2
£3,30005/240.42 mi-2
£1,25005/240.42 mi28 Ladybarn Lane, Fallowfield, Manchester, Greater Manchester, M142
£1,20005/240.42 miLadybarn Court, Ladybarn Lane, Fallowfield, Manchester, M142
£1,25005/240.42 miLadybarn Lane , Fallowfield2
£1,40405/240.42 miSherwood Street, 2 Bed, Fallowfield, Manchester2
£1,10003/240.43 mi14 Wilbraham Road, Manchester, M14 6DL2
£1,10005/240.43 miWilbraham Road, Manchester2
£1,54505/240.45 miBrailsford Road, Fallowfield, Manchester, M142
£1,30001/250.45 mi-2

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.61 miles away

Nearest school

0.10 miles away

Nearest train station

0.90 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £180,000

February 10, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • One Bathroom +
  • On Site Parking +
  • Newly Redecorated Throughout +
  • No Chain +
  • EPC Rating C +
  • Tenanted Until 31st October 2025 +
  • Great Location +

A spacious two-bedroom, first-floor apartment that has been newly redecorated throughout.

The property has its own entrance and features two double bedrooms, a living room, a separate fully fitted kitchen, and a bathroom.

Situated on Old Hall Lane, the property benefits from being within walking distance of The Manchester Grammar School, as well as the high streets of Fallowfield and Didsbury. It also offers excellent transport links to the city centre and beyond.

Tenanted Until 31st October 2025.

The Tour - Upon entering through the front door, you are welcomed into a hallway with stairs leading to the rest of the accommodation.

Living/Kitchen Area – A spacious, carpeted living area featuring a large double-glazed window. The adjoining kitchen boasts tiled flooring, a tiled splashback, an integrated oven, a gas hob, a washer-dryer, and a freestanding fridge freezer.

Bedrooms – Carpeted throughout, with TV points and double-glazed windows. Bedroom 2 includes built-in storage for added convenience.

Family Bathroom – Features a panelled bath with a wall-mounted mixer shower, a low-level WC, and a wash hand basin. The walls are partially tiled, and the floor is finished with vinyl flooring.

The Area - This location offers a variety of amenities and services.

Transportation -
Levenshulme and Mauldeth Road stations are approximately 0.9 miles away, providing access to regional train services.

Education -
Primary Schools: St James' CofE Primary School is about 260 yards away, and Birchfields Primary School is approximately 660 yards from the area.
Secondary Schools: Manchester High School for Girls is located around 670 yards away.

Leisure and Culture -
This area features attractions such as the Manchester University Botanical Garden and the Whitworth Art Gallery, providing cultural and recreational opportunities.

This area is well-served by educational institutions, healthcare facilities, and cultural attractions, contributing to a vibrant community environment.

Lease Information - Leasehold - 999 years from 1993.
Ground rent - peppercorn.
Service charge - £778 per annum.

Agent Details

Reside, Manchester

0161 524 5946

Next Steps?

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