2 Bed Terraced House, Single Let, Manchester, M14 6RS, £230,000

Edgeworth Drive, Manchester, Greater Manchester, M14 6RS - 2 months ago

BTL
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£133.5K - £350K
Sold Prices/m²£1.8K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£198,796

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£650 - £2,600

Rent Estimate

£971

Running Costs/mo

£933

Cashflow/mo

£38

Cashflow/yr

£457

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £133.5K to £350K, average is £196K. £1.8K/m² to £4.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£185K08/210 mi91, Edgeworth Drive, Manchester, Greater Manchester M14 6RS2
£237.5K07/230 mi42, Edgeworth Drive, Manchester, Greater Manchester M14 6RS2
£188K12/200 mi69, Edgeworth Drive, Manchester, Greater Manchester M14 6RS2
£195K06/210.03 mi3, Sherlock Street, Manchester, Greater Manchester M14 6QU2
£190K11/230.03 mi1, Sherlock Street, Manchester, Greater Manchester M14 6QU2
£182K12/220.03 mi16, Shippey Street, Manchester, Greater Manchester M14 6TR2
£240K03/230.04 mi15, Shippey Street, Manchester, Greater Manchester M14 6TR2
£250K10/230.06 mi14, Beverly Road, Manchester, Greater Manchester M14 6TG2
£165K06/210.06 mi10, Beverly Road, Manchester, Greater Manchester M14 6TG2
£255K07/220.07 mi22, Edgeworth Drive, Manchester, Greater Manchester M14 6RU2
£227.5K05/230.08 mi41, Rufus Street, Manchester, Greater Manchester M14 6TQ2
£220K11/200.08 mi22, Edgeworth Drive, Manchester, Greater Manchester M14 6RU2
£321K06/230.1 mi132, Ladybarn Lane, Manchester, Greater Manchester M14 6RW2
£180K02/230.1 mi15, Egerton Terrace, Manchester, Greater Manchester M14 6RL2
£162.5K11/200.11 mi13, Egerton Terrace, Manchester, Greater Manchester M14 6RL2
£223.5K02/210.13 mi7, Ellesmere Terrace, Manchester, Greater Manchester M14 6QY2
£202K05/210.13 mi9, Bowers Street, Ladybarn, Manchester, Greater Manchester M14 6SU2
£186K10/200.13 mi11, Bowers Street, Ladybarn, Manchester, Greater Manchester M14 6SU2
£180K11/200.13 mi12, Bowers Street, Ladybarn, Manchester, Greater Manchester M14 6SU2
£207K03/240.13 mi24, Bowers Street, Ladybarn, Manchester, Greater Manchester M14 6SU2
£200K06/210.15 mi21, St Georges Road, Manchester, Greater Manchester M14 6SX2
£174K12/200.15 mi17, St Georges Road, Manchester, Greater Manchester M14 6SX2
£218K07/230.15 mi37, St Georges Road, Manchester, Greater Manchester M14 6SX2
£195K04/210.15 mi29, Meredith Street, Manchester, Greater Manchester M14 6ST2
£186K11/200.15 mi1, Meredith Street, Manchester, Greater Manchester M14 6ST2
£185K06/210.16 mi46, St Georges Road, Manchester, Greater Manchester M14 6SZ2
£205.6K02/210.16 mi48, St Georges Road, Manchester, Greater Manchester M14 6SZ2
£194.9K06/210.16 mi38, St Georges Road, Manchester, Greater Manchester M14 6SZ2
£154K11/210.18 mi28, Thorn Grove, Manchester, Greater Manchester M14 6YJ2
£185K01/230.18 mi34, Thorn Grove, Manchester, Greater Manchester M14 6YJ2
£133.5K11/200.18 mi13, Thorn Grove, Manchester, Greater Manchester M14 6YJ2
£215K08/230.18 mi19, Thorn Grove, Manchester, Greater Manchester M14 6YJ2
£282.5K02/230.21 mi7a, Beech Grove, Manchester, Greater Manchester M14 6UY2
£247.5K05/210.21 mi7a, Beech Grove, Manchester, Greater Manchester M14 6UY2
£210K08/210.22 mi13b, Brook Road, Manchester, Greater Manchester M14 6UE2
£147.5K03/210.34 mi81, Braemar Road, Manchester, Greater Manchester M14 6PQ2
£169K06/210.35 mi137, Brailsford Road, Manchester, Greater Manchester M14 6PZ2
£170K10/230.35 mi129, Brailsford Road, Manchester, Greater Manchester M14 6PZ2
£190K10/220.35 mi166, Brailsford Road, Manchester, Greater Manchester M14 6QA2
£245K03/210.55 mi6, Cape Street, Manchester, Greater Manchester M20 3WA2
£170K12/200.55 mi20, St Margarets Avenue, Manchester, Greater Manchester M19 1FJ2
£197K10/210.55 mi36, St Margarets Avenue, Manchester, Greater Manchester M19 1FJ2
£166.6K12/200.57 mi7, St Margarets Avenue, Manchester, Greater Manchester M19 1EL2
£236K05/210.57 mi21, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£225K04/210.57 mi23, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£350K03/230.58 mi9, Heaton Road, Manchester, Greater Manchester M20 4PX2
£350K12/230.68 mi10, Davenport Avenue, Manchester, Greater Manchester M20 3EY2
£250K02/210.73 mi86, Hill Street, Manchester, Greater Manchester M20 3GN2
£230K11/200.75 mi81, Hill Street, Manchester, Greater Manchester M20 3FY2
£195K10/200.75 mi83, Hill Street, Manchester, Greater Manchester M20 3FY2

Local Rents

50 rents from £650/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.02 mi-2
£1,30002/250.02 mi-2
£1,15006/240.04 miShippey Street, Ladybarn, M142
£1,15005/240.06 miBeverly Road, Fallowfield, M142
£1,15005/240.06 miBeverly Road, Fallowfield2
£1,10005/240.11 miDerby Road, Fallowfield, M142
£2,60005/240.13 miEgerton, Manchester M14 6UZ2
£1,15012/240.13 mi-2
£1,25012/240.14 mi-2
£1,19505/240.14 mi-2
£1,02305/240.14 miEgerton Road, 2 Bed, Fallowfield, Manchester2
£99503/250.15 mi-2
£99503/250.15 mi-2
£99503/250.15 mi-2
£1,20012/240.16 mi-2
£1,20002/250.16 mi-2
£99506/240.16 miEgerton Road, Manchester, M142
£97105/240.17 miEgerton Road, Manchester M14 6NQ2
£1,15012/240.17 mi-2
£1,15005/240.17 miThorn Grove, Manchester, M142
£1,15005/240.17 miThorn Grove, Manchester, M142
£1,10012/240.17 mi-2
£1,05005/240.18 miBooth Avenue, Manchester, M142
£1,10005/240.18 miMauldeth Road, Manchester, Greater Manchester, M142
£1,02512/240.18 mi-2
£65005/240.19 miEgerton Road, Manchester, 2
£99903/240.22 miBrook Road, Manchester, M14 6UE2
£1,20003/240.23 mi4 Egerton Road, Fallowfield. M14 6YB2
£99705/240.23 miEgerton Road, Fallowfield, Manchester2
£97105/240.23 miEgerton Road, Fallowfield, Manchester2
£1,25005/240.25 mi28 Ladybarn Lane, Fallowfield, Manchester, Greater Manchester, M142
£1,20005/240.25 miLadybarn Court, Ladybarn Lane, Fallowfield, Manchester, M142
£1,25005/240.25 miLadybarn Lane , Fallowfield2
£1,00005/240.26 miLadybarn Lane, Fallowfield, Manchester, M142
£85005/240.26 mi-2
£1,19501/250.27 mi-2
£1,19503/250.27 mi-2
£1,02503/240.27 miLees Hall Crescent, Manchester, Greater Manchester, M142
£1,05005/240.28 miLadybarn Lane, Manchester, M142
£1,56505/240.28 miColwyn Avenue, Fallowfield, Manchester, M142
£1,30001/250.29 mi-2
£1,05005/240.3 miBrailsford Road, Fallowfield, Manchester2
£1,12705/240.3 miBalmoral Road, Fallowfield, Manchester, M142
£1,12705/240.3 miBalmoral Road, Fallowfield, Manchester, M142
£1,15006/240.3 miAmherst Gardens, 22C Amherst Road, Withington, M14 6UQ2
£1,54505/240.3 miBrailsford Road, Fallowfield, Manchester, M142
£1,20003/250.31 mi-2
£1,05005/240.32 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,00005/240.32 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,00005/240.32 miWhiteoak Road, Manchester, Greater Manchester, M142

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

2.01 miles away

Nearest school

0.20 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £230,000

February 11, 2025

Floor Plans

Description

This well-presented mid-terraced property, located in the highly desirable Ladybarn area of M14, offers the perfect balance of convenience, charm, and potential. Ideally situated for easy access to Manchester city centre, it’s just a half-mile walk from Mauldeth Road train station, with frequent services into the heart of the city. Excellent bus routes and major roads are also nearby, making commuting a breeze. For outdoor lovers, Kingswood Park is just a short stroll away, offering green space for recreation and relaxation.

The property is within close proximity to a variety of local amenities, including independent shops, cafes, restaurants, and supermarkets, ensuring all your everyday needs are met. Additionally, the area is known for its strong sense of community, with several schools, parks, and healthcare facilities also within easy reach.

Internally, the property is neutrally decorated, with well-proportioned rooms that provide a blank canvas for the new owners to add their personal touch. Whether you're a first-time buyer seeking an affordable entry point to the market, or a buy-to-let investor looking for a property in a prime location with strong rental demand, this home offers fantastic potential.

With no vendor chain, the property presents a hassle-free opportunity to move in quickly and settle into a vibrant and well-connected neighbourhood. It’s an excellent choice for those looking for a low-maintenance home with long-term value.

Agent Details

Bridgfords, Withington

0161 524 2534

Next Steps?

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