2 Bed Terraced House, Single Let, Manchester, M11 3HY, £155,000

Ashton New Road, Manchester, M11 3HY - 2 views - 2 months ago

Auction
BTL
ROI: 6%
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£75K - £260K
Sold Prices/m²£1.2K/m² - £6.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£131,425

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£6,150

Total Cash In

£44,900

 

 

Cash Out

 

Rent Range

£925 - £2,950

Rent Estimate

£950

Running Costs/mo

£694

Cashflow/mo

£256

Cashflow/yr

£3,068

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £260K, average is £137.8K. £1.2K/m² to £6.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£138K11/210.2 mi15, Jobling Street, Manchester, Greater Manchester M11 3TA2
£199K12/230.34 mi165, Rylance Street, Manchester, Greater Manchester M11 3NA2
£168K05/210.36 mi11, Stuart Street, Manchester, Greater Manchester M11 4DQ2
£200K02/230.37 mi20, Stuart Street, Manchester, Greater Manchester M11 4DN2
£206K08/230.39 mi27, Stuart Street, Manchester, Greater Manchester M11 4DU2
£190K06/210.42 mi20, Wynne Close, Manchester, Greater Manchester M11 3TR2
£214K03/230.43 mi8, Walshaw Street, Manchester, Greater Manchester M11 3BF2
£99K10/200.46 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£100K10/230.46 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£150K08/230.49 mi14, Winslow Street, Manchester, Greater Manchester M11 2AY2
£122K11/220.49 mi1, Winslow Street, Manchester, Greater Manchester M11 2AY2
£110K11/230.49 mi19, Winslow Street, Manchester, Greater Manchester M11 2AY2
£126.5K09/210.52 mi17, Herne Street, Manchester, Greater Manchester M11 2AJ2
£220K08/210.61 mi5, Gurney Street, Manchester, Greater Manchester M4 7DZ2
£220K08/210.61 mi5, Gurney Street, Manchester, Greater Manchester M4 7DZ2
£260K10/220.62 mi23, Pattishall Close, Manchester, Greater Manchester M4 7DU2
£118K04/210.64 mi66, Ranelagh Street, Manchester, Greater Manchester M11 4FX2
£242K10/220.66 mi42, Tutbury Street, Manchester, Greater Manchester M4 7DG2
£93K03/210.67 mi65, Ilford Street, Manchester, Greater Manchester M11 4FL2
£190K11/210.67 mi95, Ridgway Street, Manchester, Greater Manchester M40 7DS2
£132K12/200.68 mi22, Kenwyn Street, Manchester, Greater Manchester M40 7AE2
£136.5K12/230.69 mi12, Penzance Street, Manchester, Greater Manchester M40 7BD2
£205K03/210.69 mi202, Varley Street, Manchester, Greater Manchester M40 7EJ2
£94.5K11/200.73 mi40, Clayton Street, Manchester, Greater Manchester M11 4HA2
£243K11/230.78 mi70, Holland Street, Manchester, Greater Manchester M40 7DF2
£185K08/230.78 mi7, Strathfield Drive, Manchester, Greater Manchester M11 4HB2
£130K09/210.82 mi149, Barrington Street, Manchester, Greater Manchester M11 4FB2
£107K11/200.82 mi177, Barrington Street, Manchester, Greater Manchester M11 4FB2
£157.5K02/230.82 mi201, Barrington Street, Manchester, Greater Manchester M11 4FB2
£115K09/230.82 mi189, Barrington Street, Manchester, Greater Manchester M11 4FB2
£110K03/230.82 mi193, Barrington Street, Manchester, Greater Manchester M11 4FB2
£200K01/240.82 mi1, Neenton Square, Manchester, Greater Manchester M12 5PT2
£110K02/210.83 mi174, Barrington Street, Manchester, Greater Manchester M11 4ED2
£130K09/230.83 mi166, Barrington Street, Manchester, Greater Manchester M11 4ED2
£135K01/240.85 mi35, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.85 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£140K10/230.85 mi37, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.85 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£101.5K11/210.86 mi12, Vincent Street, Manchester, Greater Manchester M11 2FU2
£105K03/230.86 mi12, Vincent Street, Manchester, Greater Manchester M11 2FU2
£165K07/210.86 mi19, Kimbolton Close, Manchester, Greater Manchester M12 5PD2
£155K01/230.86 mi8, Kimbolton Close, Manchester, Greater Manchester M12 5PD2
£195K03/240.86 mi5, Kimbolton Close, Manchester, Greater Manchester M12 5PD2
£165K07/210.86 mi19, Kimbolton Close, Manchester, Greater Manchester M12 5PD2
£85K02/210.86 mi28, Connie Street, Manchester, Greater Manchester M11 2JT2
£75K02/210.86 mi17, Connie Street, Manchester, Greater Manchester M11 2JT2
£137K10/230.86 mi9, Coatbridge Street, Manchester, Greater Manchester M11 4RL2
£145K08/230.88 mi13, Stanton Street, Manchester, Greater Manchester M11 4NH2
£146K01/230.88 mi7, Stanton Street, Manchester, Greater Manchester M11 4NH2
£117.5K07/230.88 mi29, Stanton Street, Manchester, Greater Manchester M11 4NH2

Local Rents

50 rents from £925/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15005/240.22 miDarley Street, Manchester, M112
£1,00005/240.3 miThe Waterfront, Manchester, M112
£1,20001/240.3 mi-2
£1,10004/250.31 mi-2
£1,10012/240.32 mi-2
£1,10005/240.32 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,40005/240.32 mi-2
£1,35001/250.32 mi-2
£2,95001/240.32 mi-2
£2,70012/240.32 mi-2
£2,10001/250.32 mi-2
£1,15005/240.32 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,10005/240.32 miThe Waterfront, Openshaw, Manchester, M112
£97502/250.33 mi-2
£1,20012/240.33 mi-2
£1,05005/240.34 miThe Drum, 2 Stuart Street, Sport City2
£1,10006/240.35 miThe Drum, Stillwater Drive, M112
£95005/240.36 mi5 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£97505/240.36 mi5 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£1,05006/240.36 miStillwater Drive, 5 Stillwater Drive, Manchester2
£95012/240.36 mi-2
£1,05006/240.36 miStillwater Drive, Sports City, Macnhester, M112
£1,10012/240.36 mi-2
£1,10005/240.36 miApt 10, 2 Stuart Street, Clayton M11 4DQ2
£1,50005/240.37 mi-2
£95005/240.37 miStillwater Drive, Sports City, Manchester, M112
£1,00005/240.38 miBurcot Road, Manchester, M112
£92505/240.38 miStillwater Drive,Clayton,Manchester,M11 4TE2
£1,09505/240.38 mi3 Stillwater Drive, Sportcity , Manchester, M11 4TE2
£1,75004/250.39 mi-2
£95005/240.39 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£97506/240.39 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£1,20005/240.39 miChassen Close, Manchester, M112
£1,20005/240.39 mi-2
£97505/240.39 miStillwater Drive, SportCity, Manchester, M112
£97506/240.39 mi1 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£1,25012/240.39 mi-2
£1,00005/240.39 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,00006/240.39 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,30012/240.41 mi-2
£1,30012/240.41 mi-2
£1,30005/240.41 miWesham Road, Manchester, M112
£1,40001/250.41 mi-2
£1,10006/240.43 miWalshaw Street, Manchester, M112
£1,05002/250.44 mi-2
£1,27512/240.45 mi-2
£1,09505/240.46 miSynergy 1, 425 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,29505/240.46 miSynergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,09505/240.46 miSynergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,09505/240.46 miSynergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

2.77 miles away

Nearest school

0.10 miles away

Nearest train station

0.60 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £155,000

March 8, 2025

Listed for £165,000

February 20, 2025

Floor Plans

Description

  • For Sale by Auction – T & C’s apply +
  • Subject to an undisclosed Reserve Price +
  • Buyer’s fees apply +
  • The Modern Method of Auction +
  • 2 bedroom terraced house +
  • Opposite the Etihad Stadium +
  • Easy access to the city centre +
  • No onward chain +
  • Freehold +
  • EPC Rating D +

For sale by Modern Method of Auction. Starting Bid Price £165,000 plus Reservation Fee. A superb 2 bedroom property in a prime location opposite the Etihad stadium and within walking distance of Co-Op Live. An ideal opportunity for both owner-occupiers and investors to purchase a freehold house located within easy reach of the city centre on foot or via Metrolink. No chain. EPC Rating D.

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.

MCC250097/2

Agent Details

Reeds Rains, Manchester

0161 524 8756

Next Steps?

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