2 Bed Flat, Single Let, Manchester, M4 7AL, £220,000

Pollard Street, Manchester, M4 7AL - 2 views - 25 days ago

Leasehold
BTL
ROI: 5%
~68 m²
+4 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£205,193

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£1,100 - £4,500

Rent Estimate

£1,200

Running Costs/mo

£948

Cashflow/mo

£253

Cashflow/yr

£3,030

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80K to £487K, average is £180K. £2.4K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£220K01/240.06 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£270K05/230.19 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/210.19 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£257K10/210.39 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£250K11/230.68 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/210.68 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£207.5K12/200.7 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/230.7 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£487K03/230.71 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£220K12/220.74 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£170K03/210.74 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£180K10/200.75 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£160K03/231.08 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£173K07/211.13 mi31, Conmere Square, Manchester, Greater Manchester M15 6DE2
£175K12/221.15 mi7, Valerie Walk, Manchester, Greater Manchester M15 6DB2
£165K12/231.19 mi57, Newcastle Street, Manchester, Greater Manchester M15 6HF2
£110K04/211.21 mi21, Clarendon Street, Manchester, Greater Manchester M15 5ED2
£196K05/211.28 mi18, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£180K10/201.28 mi4, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£204K08/211.28 mi68, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£142.5K02/211.28 mi2, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£190K11/231.28 mi42, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£285K06/211.3 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£155K10/211.3 mi16, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£171K09/211.3 mi34, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£141.7K06/211.32 mi57, Rockdove Avenue, Manchester, Greater Manchester M15 5EH2
£199.9K10/201.32 miApartment 222, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DU2
£277K07/211.33 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£294K12/201.33 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£234K06/211.33 miApartment 381, Block 7 Spectrum, Blackfriars Road, Salford, Greater Manchester M3 7BY2
£220K06/211.34 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£80K09/231.35 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£150K09/231.36 miApartment 219, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DY2
£160K07/211.36 mi54, Hunmanby Avenue, Manchester, Greater Manchester M15 5FE2
£152K04/211.39 mi160, Stretford Road, Manchester, Greater Manchester M15 5JH2
£170.5K10/231.39 mi154, Stretford Road, Manchester, Greater Manchester M15 5JH2
£165K01/211.39 mi56, Stretford Road, Manchester, Greater Manchester M15 5JH2
£150K05/231.44 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£140K11/201.44 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£170K09/211.45 miFlat 12, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£330K12/221.45 miFlat 36, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£161K02/241.46 mi104, Royce Road, Hulme, Manchester, Greater Manchester M15 5LA2
£130K02/211.47 mi11, Georgette Drive, Salford, Greater Manchester M3 7AF2
£150K08/211.47 mi1, Georgette Drive, Salford, Greater Manchester M3 7AF2
£178K09/211.47 mi36, Bridgewater Street, Salford, Greater Manchester M3 7AS2
£240K04/211.51 mi127f, Liverpool Road, Manchester, Greater Manchester M3 4JN2
£208K02/211.51 mi133d, Liverpool Road, Manchester, Greater Manchester M3 4JN2
£145K06/211.52 mi10, Bevill Square, Salford, Greater Manchester M3 6BB2
£400K04/211.52 miApartment 310, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£350K04/211.52 miApartment 301, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2

Local Rents

51 rents from £1.1K/mo to £4.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,65005/240 mi6A Pollard St, New Islington 2
£1,65006/240 mi6A Pollard St, New Islington2
£1,30012/240.02 miPollard Street, Manchester2
£1,30005/240.02 miAlbion Works, Pollard Street, M42
£1,35005/240.02 miAlbion Works, Block E, 12 Pollard Street, Ancoats2
£1,25005/240.02 miAlbion Works, Pollard Street, New Islington, Manchester, M42
£1,35005/240.02 miAlbion Works Ancoats2
£2,99502/240.02 mi-2
£3,10006/240.02 mi-2
£3,10012/240.02 mi-2
£2,85012/240.02 mi-2
£3,55002/250.02 mi-2
£1,30012/240.04 mi-2
£1,17505/240.04 miOvale, Block C, 12 Pollard Street, Manchester, M42
£1,45006/240.04 miOvale, Pollard Street, Manchester, M42
£1,39505/240.04 mi-2
£1,39505/240.04 mi-2
£1,40005/240.05 miPollard Street, Ancoats2
£1,20006/240.06 miAlbion Works, Pollard Street, Manchester, M42
£1,45005/240.06 miAlbion Works Block D, 12 Pollard Street, Manchester2
£1,20005/240.06 miAlbion Works, Block D, 12 Pollard Street, New Islington, Manchester, M4 7AQ2
£1,30005/240.06 miBlock D, Pollard Street, Manchester2
£1,45005/240.06 mi-2
£1,70005/240.06 miGreat Ancoats Street, Manchester, Greater Manchester, M42
£1,60005/240.06 miGreat Ancoats Street, Manchester, Greater Manchester, M42
£1,70005/240.06 miVictoria House, Great Ancoats Street, M42
£1,50005/240.06 miGreat Ancoats Street, Manchester, Greater Manchester, M42
£1,15005/240.06 miAlbion Works, Pollard Street, Manchester, Greater Manchester, M42
£1,50012/240.07 miGreat Ancoats Street, Manchester, M42
£1,75012/240.07 mi-2
£1,70012/240.07 mi-2
£1,65012/240.07 mi-2
£1,90005/240.07 mi-2
£1,20006/240.07 mi-2
£1,39505/240.07 mi-2
£1,39505/240.07 mi-2
£1,25008/240.07 mi-2
£1,69512/240.07 mi-2
£1,29502/250.07 mi-2
£1,29501/250.07 mi-2
£1,30002/250.07 mi-2
£1,69905/240.07 miVictoria House, 250 Great Ancoats2
£1,60305/240.07 miVictoria House, 250 Great Ancoats Street2
£1,49905/240.08 miVictoria House, 250 Great Ancoats Street2
£1,10006/240.08 miLoom Building, 1 Harrison Street, Manchester, Greater Manchester, M42
£4,50001/250.08 mi-2
£1,69905/240.08 miVictoria House, 250 Great Ancoats Street2
£1,70005/240.08 miVictoria House2
£1,30006/240.08 miAdvent Way, Manchester, Greater Manchester, M42
£1,65005/240.08 miVictoria House, Great Ancoats Street, Manchester, M42
£1,60005/240.08 miVictoria House, Great Ancoats Street, Manchester, M42

Local Area Statistics

Population in M4

10,600

Population in Manchester

920,095

Town centre distance

2.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £220,000

February 18, 2025

Floor Plans

Description

  • Ground floor apartment with private entrance +
  • 2 double bedrooms (1 ensuite) +
  • Very spacious design +
  • Large flexible living area with kitchen +
  • Utility/Store Room +
  • Within the popular Albion Works development +
  • Walking distance to New Islington & Ancoats +
  • EWS1 form available (B1 rating) +
  • Leasehold +
  • EPC Rating C +

This spacious 2 double bedroom ground floor apartment with a private direct entrance door forms part of the popular Albion Works development within easy reach of New Islington and Ancoats. Featuring large open-plan living area with kitchen, separate utility/store, ensuite and main bathroom. EWS1 form available (B1 rating). EPC Rating C.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MCC240733/2

Agent Details

Reeds Rains, Manchester

0161 524 8756

Next Steps?

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