2 Bed Terraced House, Single Let, Manchester, M16 9LE, £240,000

Langshaw Street, Old Trafford, Manchester. M16 9LE - 2 months ago

Under Offer
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£134K - £332K
Sold Prices/m²£1.7K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£223,185

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£570 - £2,800

Rent Estimate

£984

Running Costs/mo

£967

Cashflow/mo

£17

Cashflow/yr

£206

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £134K to £332K, average is £209.4K. £1.7K/m² to £4.3K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£199K08/210.01 mi65, Langshaw Street, Manchester, Greater Manchester M16 9LE2
£218.5K04/230.01 mi79, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2
£180K04/210.01 mi21, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2
£186.3K03/210.01 mi5, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2
£213K08/230.04 mi57, Pemberton Street, Manchester, Greater Manchester M16 9JY2
£225K12/230.04 mi47, Pemberton Street, Manchester, Greater Manchester M16 9JY2
£208K08/230.07 mi78, Langshaw Street, Manchester, Greater Manchester M16 9LD2
£155K04/210.07 mi78, Langshaw Street, Manchester, Greater Manchester M16 9LD2
£235.7K11/220.08 mi24, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£185K02/210.08 mi26, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£179K03/210.09 mi10, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9LH2
£260K11/200.13 mi7, Khartoum Street, Manchester, Greater Manchester M16 9WE2
£258K09/220.15 mi23, Beever Street, Manchester, Greater Manchester M16 9JR2
£210K02/230.27 mi79, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9BQ2
£242K01/230.29 mi22, Northumberland Road, Manchester, Greater Manchester M16 9DP2
£225K05/240.3 mi2, Farwood Close, Manchester, Greater Manchester M16 9DQ2
£221.1K10/210.3 mi2, Sudbury Close, Manchester, Greater Manchester M16 9DG2
£217.5K05/210.33 mi10, Abbotside Close, Manchester, Greater Manchester M16 7RP2
£332K10/220.44 mi105, Skerton Road, Manchester, Greater Manchester M16 0NG2
£195K11/210.46 mi12, Marple Street, Manchester, Greater Manchester M15 4AH2
£195K11/210.46 mi12, Marple Street, Manchester, Greater Manchester M15 4AH2
£134K12/200.48 mi50, Bold Street, Moss Side, Manchester, Greater Manchester M16 7AB2
£162K02/230.48 mi58, Bold Street, Moss Side, Manchester, Greater Manchester M16 7AB2
£165K04/210.49 mi56, Moss Lane West, Manchester, Greater Manchester M15 5PD2
£185K07/210.53 mi43, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£182K12/200.64 mi17, St Marys Street, Hulme, Manchester, Greater Manchester M15 5WB2
£185K12/230.64 mi19, St Mary's Street, Hulme, Manchester, Greater Manchester M15 5WB2
£172.5K08/230.65 mi40b, Mayfield Road, Manchester, Greater Manchester M16 8EU2
£205K04/230.66 mi35, Warde Street, Hulme, Manchester, Greater Manchester M15 5TG2
£195K08/230.66 mi17, Blanchard Street, Manchester, Greater Manchester M15 5PX2
£240K08/220.67 mi74, Ribston Street, Manchester, Greater Manchester M15 5RJ2
£210K12/200.7 mi1, Beech Hurst Close, Manchester, Greater Manchester M16 8EP2
£245K04/240.7 mi18, Beech Hurst Close, Whalley Range, Manchester, Greater Manchester M16 8EP2
£220K11/220.7 mi17, Mallow Street, Manchester, Greater Manchester M15 5GE2
£195K11/200.74 mi62, Old York Street, Hulme, Manchester, Greater Manchester M15 5TH2
£200K09/220.75 mi5, Kenside Street, Manchester, Greater Manchester M16 7NP2
£172K07/210.78 mi5, Dunham Street, Manchester, Greater Manchester M15 5FX2
£205K05/230.8 mi8, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW2
£238K01/240.82 mi13, Treelands Walk, Salford, Greater Manchester M5 3FU2
£215K12/220.82 mi17, Warburton Street, Salford, Greater Manchester M5 3FX2
£195K03/230.83 mi14, Catfield Walk, Manchester, Greater Manchester M15 4HH2
£315K11/230.84 mi20, Blenheim Avenue, Manchester, Greater Manchester M16 8JT2
£260.9K12/200.84 mi20, Blenheim Avenue, Manchester, Greater Manchester M16 8JT2
£286K03/240.86 mi24, Hawarden Avenue, Manchester, Greater Manchester M16 0AP2
£225K07/210.87 mi78, Taylorson Street, Salford, Greater Manchester M5 3EX2
£208.8K03/210.87 mi92, Taylorson Street, Salford, Greater Manchester M5 3EX2
£235K12/220.89 mi13, Weedall Avenue, Salford, Greater Manchester M5 3DG2
£280K10/230.92 mi57c, Manley Road, Manchester, Greater Manchester M16 8WF2
£212K03/230.94 mi29, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£178K01/210.95 mi35, Windmill Avenue, Salford, Greater Manchester M5 3NF2

Local Rents

50 rents from £570/mo to £2.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.08 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,30002/240.08 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,40002/240.08 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,40005/240.08 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,40005/240.08 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,30005/240.08 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,30005/240.08 miManchester Waters, 3 Pomona Strand, Old Trafford, M162
£87512/240.18 mi-2
£1,20006/240.19 miBurton Place, Manchester, M152
£1,10005/240.21 mi78 Northumberland Road, Old Trafford2
£57002/250.23 mi-2
£1,10005/240.27 miUpper Chorlton Road, Manchester, M162
£99512/240.27 mi-2
£1,10004/250.27 mi-2
£1,25012/240.27 mi-2
£1,10004/250.27 mi-2
£99504/250.3 mi-2
£1,20006/240.31 mi39 Upper Chorlton Road, Whalley Range, Manchester, Greater Manchester. M16 7RW2
£1,40005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,40005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,45005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,40005/240.34 miUrban Green, 75 Seymour Grove, Manchester, M162
£95012/240.34 mi-2
£1,55012/240.36 mi-2
£1,20003/240.37 miPulse Apartments, Manchester Street, M162
£1,00005/240.37 miManchester Road, Trafford2
£1,10005/240.37 miManchester Street, Manchester, Greater Manchester, M162
£1,09503/240.37 miThe Pulse, 50 Manchester Street, Manchester, M162
£1,05005/240.37 miHulme, Manchester, M162
£1,15006/240.37 miStretford Road, Old Trafford, Manchester, M162
£1,55012/240.37 mi-2
£1,20005/240.37 mi-2
£1,30006/240.37 mi-2
£1,25006/240.37 miChester Road, Old Trafford, Manchester2
£1,10005/240.37 miPulse apartments, 50 Manchester Street, Manchester2
£1,10006/240.37 miPulse apartments, 50 Manchester Street, Manchester2
£1,10002/240.37 mi-2
£2,50004/250.37 mi-2
£2,50004/250.37 mi-2
£1,15002/250.37 mi-2
£2,10005/240.37 mi-2
£2,80012/240.37 mi-2
£1,05005/240.38 miThe Pulse, 25 Chorlton Street, Old Trafford, Manchester, M162
£1,46005/240.38 miWestpoint, Chester Road2
£1,40005/240.38 miTrafford Plaza, Seymour Grove, Old Trafford, Manchester, M162
£1,65005/240.38 miUrban Green, 75 Seymour Grove, Old Trafford, Manchester2
£1,20005/240.38 miUrban Green, Old Trafford2

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Listed for £240,000

February 17, 2025

Description

Lovely, mid terrace starter home in a popular and convenient part of Old Trafford, being close to parks, shops and school. It is also walking distance to the Metro stop at Trafford Bar. 2 double bedrooms and 2 reception rooms. Very large bathroom with 4 piece suite. Fitted kitchen.
Great first time buyer property.

Agent Details

David Andrews Homes Ltd, Manchester

0161 524 8838

Next Steps?

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