3 Bed Terraced House, Planning Permission, Manchester, M18 8NW, £200,000
Seddon Avenue, MANCHESTER, Lancashire, M18 8NW - 1 views - a month ago
Leasehold
Planning
ROI: 6%
~93 m²





+12 photos
ValuationOvervalued
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £7,200 |
Refurb Costs | £39,324 |
Bridging Loan Interest | £5,250 |
Total Cash In | £103,524 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £188,173 |
Mortgage (After Refinance) | £141,130 |
Mortgage LTV | 75% |
Cash Left In | £103,524 |
Equity | £47,043 |
Rent Range | £950 - £2,000 |
Rent Estimate | £1,354 |
Running Costs/mo | £879 |
Cashflow/mo | £475 |
Cashflow/yr | £5,700 |
ROI | 6% |
Gross Yield | 8% |
Local Rents
51 rents from £950/mo to £2K/mo, average is £1.3K/mo.
Local Area Statistics
Population in M18 | 23,432 |
Population in Manchester | 920,095 |
Town centre distance | 3.31 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.22 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +69% |
Sales demand | Seller's market |
Capital growth (5yrs) | +74% |
Property History
Listed for £200,000
February 18, 2025
Floor Plans
