3 Bed Terraced House, Single Let, Manchester, M11 3NE, £325,000

Athletes Way, Manchester, M11 3NE - 2 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~93 m²
+50 photos

ValuationOvervalued

Sold Prices£107K - £490K
Sold Prices/m²£1.1K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£276,158

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£1,300 - £5,000

Rent Estimate

£1,350

Running Costs/mo

£1,306

Cashflow/mo

£44

Cashflow/yr

£533

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £107K to £490K, average is £235.8K. £1.1K/m² to £4.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£276.5K02/230.01 mi6, Athletes Way, Manchester, Greater Manchester M11 3NE3
£226K10/230.03 mi17, Rimmer Close, Manchester, Greater Manchester M11 3AD3
£225K06/210.06 mi41, Commonwealth Avenue, Manchester, Greater Manchester M11 3NN3
£268K09/210.1 mi1, Stadium Drive, Manchester, Greater Manchester M11 3NB3
£235K12/200.11 mi50, Rylance Street, Manchester, Greater Manchester M11 3NP3
£238K06/210.12 mi10, Holly Street, Manchester, Greater Manchester M11 3BN3
£240K06/210.14 mi10, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£280K01/230.14 mi16, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£248K11/210.15 mi23, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£230K01/210.17 mi34, Paxton Place, Manchester, Greater Manchester M11 3NL3
£265K04/210.17 mi2, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£238K11/230.17 mi4, Carbis Avenue, Manchester, Greater Manchester M11 3DP3
£175K10/200.18 mi14, Alderman Square, Manchester, Greater Manchester M12 6WL3
£235K05/240.19 mi6, Markham Close, Manchester, Greater Manchester M12 6WR3
£205K08/210.19 mi11, Wren Way, Manchester, Greater Manchester M11 3NH3
£210K07/230.2 mi298, Viaduct Street, Manchester, Greater Manchester M12 6NE3
£134.8K12/200.22 mi2, Blakemore Walk, Manchester, Greater Manchester M12 6PH3
£197.5K12/200.27 mi3, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£170K07/210.27 mi48, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£210K12/200.27 mi8, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£248K11/230.33 mi12, Brennock Close, Manchester, Greater Manchester M11 3LD3
£235K12/200.33 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£281K09/230.33 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£220K12/200.36 mi9, Gurney Street, Manchester, Greater Manchester M4 7DZ3
£265K03/230.37 mi16, Blisworth Close, Manchester, Greater Manchester M4 7DT3
£201K04/230.38 mi6, Barleywood Drive, Manchester, Greater Manchester M11 3LP3
£223K02/230.4 mi7, Maidford Close, Manchester, Greater Manchester M4 7EG3
£170K05/210.43 mi6, Badby Close, Manchester, Greater Manchester M4 7EY3
£270K12/210.6 mi112, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£300K02/240.6 mi102, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£297.5K05/230.6 mi120, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£195K02/210.61 mi39, Bradford Road, Manchester, Greater Manchester M40 7EY3
£225K08/210.63 mi59, Ridgway Street, Manchester, Greater Manchester M40 7FY3
£490K09/220.66 mi12, Spindle Mews, Manchester, Greater Manchester M4 6DB3
£236.5K10/210.67 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£236.5K10/210.67 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£242K06/210.67 mi137, Ridgway Street, Manchester, Greater Manchester M40 7DS3
£270K03/230.67 mi25, Bollington Road, Manchester, Greater Manchester M40 7DX3
£315K07/230.68 mi5, Saltford Avenue, Manchester, Greater Manchester M4 6EL3
£242K03/210.69 mi13, Weybridge Road, Manchester, Greater Manchester M4 6FD3
£168K05/210.71 mi32, Bollington Road, Manchester, Greater Manchester M40 7HE3
£297K09/220.72 mi10, Woodward Street, Manchester, Greater Manchester M4 7JS3
£230K08/210.73 mi130, Butler Street, Manchester, Greater Manchester M4 7JJ3
£180K04/210.77 mi33, Stuart Street, Manchester, Greater Manchester M11 4DU3
£220K12/200.77 mi169, Varley Street, Manchester, Greater Manchester M40 7EJ3
£250K07/220.78 mi17, Beastow Road, Manchester, Greater Manchester M12 5GS3
£340K11/220.79 mi17, Kingham Drive, Manchester, Greater Manchester M4 7JT3
£270K11/220.81 mi2, Energy Street, Manchester, Greater Manchester M40 7ZQ3
£185K09/210.81 mi116, Sandal Street, Manchester, Greater Manchester M40 7EF3
£107K10/200.81 mi135, Clayton Lane, Manchester, Greater Manchester M11 2AS3

Local Rents

50 rents from £1.3K/mo to £5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.01 mi-3
£3,50005/240.02 mi-3
£3,50012/240.02 mi-3
£1,60004/250.04 mi-3
£1,40003/240.05 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£4,00005/240.06 mi-3
£3,60012/240.06 mi-3
£3,20001/250.06 mi-3
£3,50012/240.06 mi-3
£3,50001/250.06 mi-3
£1,35005/240.07 miHolly Street, Beswick, Manchester, M113
£1,45005/240.08 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£2,40003/250.08 mi-3
£2,50002/250.09 mi-3
£1,60003/250.09 miCommonwealth Avenue, Manchester, M113
£1,64501/250.09 mi-3
£1,59503/250.09 mi-3
£1,35005/240.09 mi-3
£1,35006/240.09 mi-3
£1,35003/250.09 mi-3
£1,45005/240.09 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.09 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.09 miLloyd Wright Avenue, Manchester, M113
£1,60005/240.09 miStadium Drive, Manchester, M113
£2,95003/250.1 mi-3
£1,45005/240.11 miRylance Street, Manchester, Greater Manchester, M113
£5,00012/240.11 mi-3
£4,60001/250.11 mi-3
£2,00003/250.13 mi-3
£1,50005/240.13 miOlympic Street, Manchester, Greater Manchester, M113
£1,50005/240.13 miHolly Street, Manchester, M113
£3,60005/240.14 mi-3
£3,50005/240.14 mi-3
£3,60005/240.14 mi-3
£3,60005/240.14 mi-3
£3,60012/240.14 mi-3
£3,60004/250.14 mi-3
£1,45006/240.15 mi-3
£1,45005/240.15 miPaxton Place, Manchester, M113
£1,45006/240.15 miPaxton Place, Manchester, M113
£1,50005/240.16 mi-3
£1,45005/240.16 miCarbis Avenue, Beswick, Manchester, M113
£3,00005/240.17 mi-3
£3,50005/240.17 mi-3
£3,50005/240.17 mi-3
£3,10005/240.17 mi-3
£1,50002/240.18 mi-3
£1,85006/240.18 mi-3
£1,70012/240.2 mi-3
£1,30005/240.22 miWynne Close, Beswick, Manchester, M113

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

2.36 miles away

Nearest school

0.10 miles away

Nearest train station

0.40 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £325,000

February 15, 2025

Floor Plans

Description

  • Shops and amenities nearby +
  • Air Conditioning +
  • Fitted Kitchen +
  • En suite +
  • Double glazing +
  • Close to public transport +
  • Garden +
  • Parking +
  • Excellent Modern Kitchen/Diner +
  • Useful Utility And Downstairs WC +

Mustafa & Co are proud to present this brand new, beautifully presented 3 bedroom house close to Manchester City Centre.

This property is located in a recently built estate close to Manchester City Centre. From the main road, you will find regular buses taken you into the City Centre within 10 minutes. There are also ASDA supermarkets and local shops close by.

 The property is in excellent condition,  comprises of, hallway, downstairs WC, large living room, kitchen/dinning room while upstairs there are 3 good size bedrooms, family bathroom. The bathroom comprises a three-piece suite to include bath with shower fitting, wash basin and lavatory.

Externally to the front the property is next to a PARKING Outside there is a large garden with fenced.

      -250 YEARS FROM JAN 2004-

  • Mid Terrace House

  • Three Bedrooms

  • Downstairs WC

  • Modern Fitted Kitchen And Bathroom

  • Off Road Parking

  • Central Heating

  • Double Glazed

  • Excellent Public Transport Links

  • Close To Manchester City Centre

  • Rear Garden

  • Council Tax Band B

  • EPC D

Agent Details

Mustafa & Co Property Management, Manchester

0161 393 5791

Next Steps?

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