2 Bed Flat, Single Let, Manchester, M4 7ED, £180,000

Isaac Way, Manchester, Greater Manchester, M4 7ED - 2 views - a month ago

Leasehold
BTL
ROI: 6%
~65 m²
+3 photos

ValuationUndervalued

Sold Prices£80K - £487K
Sold Prices/m²£2.4K/m² - £4.4K/m²

 

 

Square Metres

~64.80 m²
Price/m²£2.8K/m²

Value Estimate

£192,436
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,900

Rent Estimate

£1,100

Running Costs/mo

£803

Cashflow/mo

£298

Cashflow/yr

£3,570

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80K to £487K, average is £174K. £2.4K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£220K01/240.08 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£270K05/230.29 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/210.3 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£257K10/210.48 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£250K11/230.78 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/210.78 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£207.5K12/200.79 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/230.79 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£487K03/230.8 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£170K03/210.8 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£220K12/220.84 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£180K10/200.84 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£160K03/231.07 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£173K07/211.21 mi31, Conmere Square, Manchester, Greater Manchester M15 6DE2
£175K12/221.24 mi7, Valerie Walk, Manchester, Greater Manchester M15 6DB2
£165K12/231.27 mi57, Newcastle Street, Manchester, Greater Manchester M15 6HF2
£110K04/211.29 mi21, Clarendon Street, Manchester, Greater Manchester M15 5ED2
£196K05/211.33 mi18, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£180K10/201.33 mi4, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£204K08/211.33 mi68, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£142.5K02/211.33 mi2, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£190K11/231.33 mi42, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£80K09/231.34 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£155K10/211.39 mi16, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£171K09/211.39 mi34, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£285K06/211.4 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£141.7K06/211.4 mi57, Rockdove Avenue, Manchester, Greater Manchester M15 5EH2
£199.9K10/201.42 miApartment 222, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DU2
£234K06/211.43 miApartment 381, Block 7 Spectrum, Blackfriars Road, Salford, Greater Manchester M3 7BY2
£277K07/211.43 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£294K12/201.43 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£220K06/211.44 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£160K07/211.45 mi54, Hunmanby Avenue, Manchester, Greater Manchester M15 5FE2
£150K09/231.46 miApartment 219, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DY2
£152K04/211.47 mi160, Stretford Road, Manchester, Greater Manchester M15 5JH2
£170.5K10/231.47 mi154, Stretford Road, Manchester, Greater Manchester M15 5JH2
£165K01/211.47 mi56, Stretford Road, Manchester, Greater Manchester M15 5JH2
£85K12/231.48 mi67, Gorton Lane, Manchester, Greater Manchester M12 5WF2
£150K05/231.54 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£140K11/201.54 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£161K02/241.55 mi104, Royce Road, Hulme, Manchester, Greater Manchester M15 5LA2
£170K09/211.56 miFlat 12, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£330K12/221.56 miFlat 36, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£180K07/211.56 miFlat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£158K10/201.56 miFlat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£130K02/211.57 mi11, Georgette Drive, Salford, Greater Manchester M3 7AF2
£150K08/211.57 mi1, Georgette Drive, Salford, Greater Manchester M3 7AF2
£139K09/211.57 miFlat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL2
£178K09/211.57 mi36, Bridgewater Street, Salford, Greater Manchester M3 7AS2
£165K02/211.6 mi24, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW2

Local Rents

51 rents from £1.1K/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15006/240 mi-2
£1,20012/240 mi-2
£1,30002/240.02 mi-2
£1,30005/240.02 mi2 Isaac Way, Manchester, M42
£1,25006/240.02 miAdvent, 1 Advent Way, Manchester, M42
£1,25006/240.02 miAdvent, 1 Advent Way, Manchester, M42
£1,30005/240.02 miAdvent House, Issac Way, M4 7EP2
£1,20012/240.02 miAdvent House, Manchester, M42
£1,20012/240.02 mi-2
£1,25002/250.02 mi-2
£1,19505/240.02 miAdvent House, Isaac Way, Manchester, M42
£1,15005/240.02 miAdvent House, Isaac Way, Manchester, M42
£1,30012/240.03 mi-2
£1,20012/240.04 mi1 Isaac Way, Manchester, M42
£1,19506/240.04 mi-2
£1,09505/240.04 miAdvent 2/3, Manchester City Centre, Manchester, M42
£1,20006/240.04 miAdvent House 2, Isaac Way, New Islington, Manchester, M42
£1,10003/250.04 mi-2
£1,20005/240.04 mi-2
£1,20005/240.04 mi-2
£1,25005/240.04 miIsaac Way, Manchester, M42
£1,26003/240.04 miIsaac Way, Manchester, Greater Manchester, M42
£1,15003/240.04 miIsaac Way, Manchester, M42
£1,10006/240.04 miLoom Building, 1 Harrison Street, Manchester, Greater Manchester, M42
£1,65001/250.04 mi-2
£1,50005/240.04 miLoom Building, New Islington2
£1,22501/250.04 mi-2
£1,22501/250.04 mi-2
£1,10006/240.04 miIsaac Way, Manchester, Greater Manchester, M42
£1,35005/240.04 miLoom Building, 1 Harrison Street, M42
£1,50002/240.06 mi-2
£1,20005/240.06 miLoom Building, 1 Harrison Street, Manchester, M42
£1,45005/240.06 miMalta Street, Manchester2
£1,45006/240.06 miMalta Street, Manchester2
£1,90005/240.06 mi-2
£1,20006/240.06 mi-2
£1,39505/240.06 mi-2
£1,39505/240.06 mi-2
£1,25008/240.06 mi-2
£1,69512/240.06 mi-2
£1,29502/250.06 mi-2
£1,29501/250.06 mi-2
£1,30002/250.06 mi-2
£1,30006/240.07 miAdvent Way, Manchester, Greater Manchester, M42
£1,50005/240.07 miAdvent Way, Manchester, M42
£1,75006/240.07 miAdvent Way, Manchester2
£1,20006/240.07 miAlbion Works, Pollard Street, Manchester, M42
£1,45005/240.07 miAlbion Works Block D, 12 Pollard Street, Manchester2
£1,20005/240.07 miAlbion Works, Block D, 12 Pollard Street, New Islington, Manchester, M4 7AQ2
£1,35005/240.08 miAdvent Way, Manchester, M42
£1,05005/240.08 miHemisphere, Every Street, M42

Local Area Statistics

Population in M4

10,600

Population in Manchester

920,095

Town centre distance

2.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Price changed to £180,000

March 8, 2025

Listed for £200,000

February 13, 2025

Floor Plans

Description

  • Second Floor Apartment +
  • No Onward Chain +
  • 2 Double Bedrooms +
  • Great First-Time Purchase/Investment Opportunity +
  • Open-Plan Kitchen/Siting Room +
  • Integrated Kitchen Appliances +
  • Ensuite Shower Room +
  • Family Bathroom +
  • Long Lease - 228 Years Remaining +
  • Close to Amenities +

This two-bedroom apartment on Isaac Way, Manchester presents an excellent opportunity in one of the city's most vibrant districts. Located in The Cube development, this modern property offers contemporary living spaces and is ideal for young professionals or investors looking to expand their portfolio.

The property's layout includes a spacious open-plan kitchen/sitting room with integrated appliances and large windows providing natural light. Two well-proportioned bedrooms complement the space, with the master bedroom benefiting from an en-suite bathroom. A separate family bathroom and welcoming entrance hall complete the internal accommodation.

Located in Manchester's thriving Northern Quarter, residents enjoy easy access to the city's extensive amenities. The vibrant shopping district, including the Arndale Centre, is within a 5-minute walk, while Manchester Piccadilly station is just 10 minutes away on foot. The property's central location puts restaurants, bars, and cultural venues right on your doorstep.

This modern apartment represents an excellent opportunity in Manchester's sought-after city centre. Whether as a first home or investment property, early viewing is strongly recommended to appreciate the potential this property offers.

Agent Details

Sold.co.uk, London

020 3840 3803

Next Steps?

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