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.

RentDateDistanceAddressBeds 
£1,50012/240.03 mi-3
£1,50002/250.03 mi-3
£1,19505/240.09 miReynolds Drive, Manchester, M183
£1,39505/240.09 mi-3
£1,20001/250.16 mi-3
£1,15005/240.2 miLongford Street, M183
£1,40002/250.2 mi-3
£1,40005/240.2 mi-3
£1,70005/240.21 mi-3
£1,70005/240.21 mi-3
£1,50012/240.21 mi-3
£99505/240.22 miLongford Street, Manchester, Greater Manchester, M183
£1,50003/250.22 mi-3
£1,40012/240.22 mi-3
£1,27512/240.25 mi-3
£1,27505/240.25 miWistaria Road, Manchester, M183
£95005/240.25 miCarberry Road, Gorton3
£1,30005/240.25 miWalmer Street, Abbey Hey, Manchester3
£1,15006/240.26 miWelbeck Street, Manchester, M183
£1,20005/240.27 miCarberry Road, Gorton, Manchester, M183
£1,25005/240.27 miHollybush Street, Manchester, M183
£1,30005/240.29 mi-3
£1,00005/240.32 mi Sheerness Street, Gorton, M183
£1,20002/250.33 mi-3
£96012/240.35 mi-3
£1,20005/240.4 miAysgarth Avenue, Abbey Hey3
£1,25005/240.41 miAysgarth Avenue, Manchester, M183
£1,25001/250.47 mi-3
£1,19512/240.47 mi-3
£1,43003/250.48 mi-3
£1,40001/250.48 mi-3
£1,15012/240.51 mi-3
£1,20006/240.52 miYale Road, Manchester3
£1,15012/240.56 mi-3
£1,60001/250.57 mi-3
£1,10012/240.57 mi-3
£1,40002/250.58 mi-3
£1,45002/250.58 mi-3
£1,20004/240.59 mi-3
£1,19506/240.59 miJetson Street, Abbey Hey, M18 8SZ3
£1,75005/240.59 miScenic Street, Belle Vue3
£1,60005/240.59 miScenic Street, Belle Vue3
£1,55001/250.59 mi-3
£1,80005/240.61 mi-3
£1,80005/240.61 mi-3
£1,80005/240.61 miScenic Way, Manchester, M183
£1,60012/240.61 mi-3
£1,60005/240.61 miScenic Way, Manchester, M183
£1,60005/240.61 miScenic Way, Manchester, M183
£1,20011/240.61 mi-3
£2,00005/240.61 miScenic Street, Manchester, M183

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

Description

Amazing potential to extend (Subject to planning permission)

Welcome to Seddon Avenue – a charming and spacious three-bedroom family home, ideal for comfortable modern living. This beautifully maintained property provides a blend of cozy, welcoming spaces and thoughtful amenities, perfect for a growing family.

Upon entering, you’re greeted by a bright and inviting entrance hall that sets the tone for the home’s warm atmosphere. The family lounge spans from the front to the rear of the property offers a comfortable space for relaxation and entertaining, featuring large double doors that allows natural light to fill the room. At the heart of the home, you’ll find a modern kitchen at the rear, thoughtfully designed to provide ample space for family meals and gatherings. With plenty of counter space and modern appliances.

The first floor features two well-proportioned bedrooms and a third single room. The primary bedroom is bright and spacious, offering plenty of storage and comfort, while the second bedroom also provides ample space, making it perfect as a child’s room, guest room, or even a home office. The third bedroom can be adapted as needed and is well-suited as a nursery or study. Completing the upstairs layout is a family bathroom, equipped with a full suite and finished in a timeless style.

Externally, the property has excellent curb appeal. At the rear, you’ll find convenient off-road parking, making daily life easier and more accessible. The plot is truly a one of a kind. There is great potential for an extension without losing any of the beautiful garden space. (Subject to planning permission)

Seddon Avenue is a lovely property that blends functionality, comfort, and style, offering everything you need for a balanced family life. This home is ready to welcome its next owners to start creating memories

Agent Details

Bridgfords, Denton

0161 524 6893

Next Steps?

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