2 Bed Flat, Single Let, Manchester, M11 2DJ, £153,000

Ashton Old Road, Beswick, Manchester, M11 2DJ - a month ago

Leasehold

BTL

ROI: 8%

~68 m²

+10 photos

ValuationUndervalued

Sold Prices	£53K - £487K
Sold Prices/m²	£905/m² - £4.2K/m²

Square Metres	~68.11 m²
Price/m²	£2.2K/m²
Value Estimate	£176,956£176,956
BMV	16%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£38,250£38,250
Stamp Duty & Legal Fees	£8,850£8,850
Total Cash In	£47,100£47,100

Cash Out
Rent Range	£700 - £2,950£700 - £2,950
Rent Estimate	£991
Running Costs/mo	£696£696
Cashflow/mo	£295£295
Cashflow/yr	£3,536£3,536
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £53K to £487K, average is £170K. £905/m² to £4.2K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£220K	01/24	0.72 mi	Block D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT	£3,607	61	2	Flat
£85K	12/23	0.8 mi	67, Gorton Lane, Manchester, Greater Manchester M12 5WF	-	-	2	Flat
£270K	03/21	0.94 mi	4, John Smeaton Court, Manchester, Greater Manchester M1 2NR	£4,219	64	2	Flat
£270K	05/23	0.94 mi	17, William Jessop Court, Manchester, Greater Manchester M1 2NE	£3,462	78	2	Flat
£160K	03/23	0.96 mi	22, Devonshire Street South, Manchester, Greater Manchester M13 9HA	£2,963	54	2	Flat
£170K	03/21	1.13 mi	10, Hursthead Walk, Manchester, Greater Manchester M13 9UT	£2,394	71	2	Flat
£257K	10/21	1.16 mi	Flat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS	-	-	2	Flat
£95K	10/20	1.25 mi	108, Stanley Grove, Manchester, Greater Manchester M12 5GF	£905	105	2	Flat
£207.5K	12/20	1.31 mi	Flat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR	-	-	2	Flat
£203K	02/23	1.31 mi	Flat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR	-	-	2	Flat
£250K	11/23	1.32 mi	Flat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT	-	-	2	Flat
£213K	03/21	1.32 mi	Flat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT	-	-	2	Flat
£120K	05/24	1.36 mi	9, Mount Road, Manchester, Greater Manchester M18 7BG	-	-	2	Flat
£220K	12/22	1.38 mi	Apartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX	-	-	2	Flat
£180K	07/21	1.38 mi	Flat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF	-	-	2	Flat
£158K	10/20	1.38 mi	Flat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF	-	-	2	Flat
£180K	10/20	1.38 mi	Apartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX	-	-	2	Flat
£139K	09/21	1.4 mi	Flat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL	-	-	2	Flat
£103K	11/20	1.46 mi	32, Totland Close, Manchester, Greater Manchester M12 5RY	£2,191	47	2	Flat
£487K	03/23	1.47 mi	11, Marshall Street, Manchester, Greater Manchester M4 5FU	£3,555	137	2	Flat
£146.5K	12/20	1.48 mi	Apartment 30, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH	-	-	2	Flat
£160K	02/21	1.48 mi	Apartment 6, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH	-	-	2	Flat
£175K	12/20	1.48 mi	Apartment 7, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH	-	-	2	Flat
£172.5K	12/22	1.49 mi	62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,575	67	2	Flat
£160K	02/21	1.49 mi	14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,216	72	2	Flat
£157.5K	04/23	1.49 mi	84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,289	69	2	Flat
£175.5K	03/23	1.49 mi	60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,742	64	2	Flat
£172K	03/23	1.49 mi	4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,537	68	2	Flat
£171K	06/23	1.49 mi	36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,591	66	2	Flat
£157.5K	08/23	1.49 mi	92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,283	69	2	Flat
£170K	01/23	1.5 mi	90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY	£2,464	69	2	Flat
£196K	05/21	1.56 mi	18, Burlington Street, Manchester, Greater Manchester M15 6HQ	£2,970	66	2	Flat
£180K	10/20	1.56 mi	4, Burlington Street, Manchester, Greater Manchester M15 6HQ	£2,500	72	2	Flat
£204K	08/21	1.56 mi	68, Burlington Street, Manchester, Greater Manchester M15 6HQ	£3,075	66	2	Flat
£142.5K	02/21	1.56 mi	2, Burlington Street, Manchester, Greater Manchester M15 6HQ	£2,969	48	2	Flat
£190K	11/23	1.56 mi	42, Burlington Street, Manchester, Greater Manchester M15 6HQ	£2,911	65	2	Flat
£130K	09/23	1.57 mi	36, Tinningham Close, Manchester, Greater Manchester M11 1NB	£2,605	50	2	Flat
£53K	11/20	1.59 mi	8, Ketton Close, Manchester, Greater Manchester M11 1NA	£1,060	50	2	Flat
£173K	07/21	1.63 mi	31, Conmere Square, Manchester, Greater Manchester M15 6DE	£2,582	67	2	Flat
£175K	12/22	1.66 mi	7, Valerie Walk, Manchester, Greater Manchester M15 6DB	£2,612	67	2	Flat
£160K	12/21	1.67 mi	16, Kent Avenue, Droylsden, Manchester, Greater Manchester M43 6BW	£2,078	77	2	Flat
£165K	12/23	1.67 mi	57, Newcastle Street, Manchester, Greater Manchester M15 6HF	£3,056	54	2	Flat
£105K	07/22	1.69 mi	250a, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD	£1,650	64	2	Flat
£80K	09/23	1.7 mi	Flat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW	-	-	2	Flat
£110K	04/21	1.72 mi	21, Clarendon Street, Manchester, Greater Manchester M15 5ED	-	-	2	Flat
£71.3K	09/21	1.76 mi	Flat 6, Brookfield Court, Kirkman Close, Manchester, Greater Manchester M18 7EA	-	-	2	Flat
£155K	10/21	1.83 mi	16, Rockdove Avenue, Manchester, Greater Manchester M15 5FH	-	-	2	Flat
£171K	09/21	1.83 mi	34, Rockdove Avenue, Manchester, Greater Manchester M15 5FH	-	-	2	Flat
£141.7K	06/21	1.85 mi	57, Rockdove Avenue, Manchester, Greater Manchester M15 5EH	£2,624	54	2	Flat
£165K	01/21	1.87 mi	56, Stretford Road, Manchester, Greater Manchester M15 5JH	£2,750	60	2	Flat

Local Rents

43 rents from £700/mo to £3K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£975	02/25	0.05 mi	-	2	Flat
£1,050	05/24	0.05 mi	Campbell House, 403 Ashton Old Road, Beswick	2	Flat
£2,790	12/24	0.05 mi	-	2	Flat
£1,150	05/24	0.05 mi	Radcliffe House, 401 Ashton Old Road, Manchester, M11	2	Flat
£2,600	05/24	0.05 mi	-	2	Flat
£1,900	12/24	0.05 mi	-	2	Flat
£2,800	01/25	0.05 mi	-	2	Flat
£1,050	02/25	0.06 mi	-	2	Semi-Detached House
£1,050	05/24	0.06 mi	Radcliffe House, Manchester, M11	2	Flat
£1,150	05/24	0.06 mi	Campbell House, 403, Ashton Old Road, Manchester, M11	2	Flat
£2,950	12/24	0.08 mi	-	2	Flat
£1,800	12/24	0.08 mi	-	2	Detached House
£1,095	05/24	0.08 mi	Synergy 1, 425 Ashton Old Road, Beswick, Manchester, M11 2DL	2	Flat
£1,295	05/24	0.08 mi	Synergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL	2	Flat
£1,095	05/24	0.08 mi	Synergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL	2	Flat
£1,095	05/24	0.08 mi	Synergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL	2	Flat
£1,550	05/24	0.14 mi	-	2	Terraced House
£1,500	02/24	0.14 mi	-	2	Terraced House
£1,550	05/24	0.14 mi	-	2	Terraced House
£1,000	05/24	0.16 mi	Burcot Road, Manchester, M11	2	Semi-Detached House
£2,950	01/24	0.18 mi	-	2	Semi-Detached House
£1,350	01/25	0.18 mi	-	2	Semi-Detached House
£1,400	05/24	0.18 mi	-	2	Semi-Detached House
£1,200	05/24	0.19 mi	-	2	Semi-Detached House
£1,200	05/24	0.19 mi	Chassen Close, Manchester, M11	2	Semi-Detached House
£1,400	01/25	0.23 mi	-	2	Semi-Detached House
£1,275	12/24	0.23 mi	-	2	Semi-Detached House
£1,500	05/24	0.26 mi	-	2	Semi-Detached House
£1,100	12/24	0.3 mi	-	2	Semi-Detached House
£1,100	06/24	0.32 mi	Walshaw Street, Manchester, M11	2	Semi-Detached House
£1,150	05/24	0.37 mi	Darley Street, Manchester, M11	2	Detached House
£1,000	02/24	0.49 mi	-	2	Flat
£1,200	05/24	0.5 mi	Kelsall Street, Manchester, Greater Manchester, M12	2	Terraced House
£1,295	02/24	0.53 mi	-	2	Terraced House
£1,200	05/24	0.56 mi	Clowes Street, Manchester, M12	2	Terraced House
£1,350	12/24	0.56 mi	-	2	Terraced House
£1,250	01/25	0.56 mi	-	2	Terraced House
£950	05/24	0.56 mi	Ainsdale St, Gorton	2	Terraced House
£700	05/24	0.57 mi	Beyers Bahn, Manchester	2	Flat
£1,395	03/25	0.58 mi	-	2	Semi-Detached House
£1,200	06/24	0.58 mi	Lawnswood Road, Gorton, Manchester	2	House
£1,250	06/24	0.6 mi	Advent 3, Isaac Way, M4	2	Flat
£1,050	05/24	0.62 mi	Hemisphere, Every Street, M4	2	Flat

Local Area Statistics

Population in M11	20,27320,273
Population in Manchester	920,095920,095
Town centre distance	2.35 miles away2.35 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.46 miles away0.46 miles away

Rental growth (12m)	+112%+112%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+27%+27%

Property History

Listed for £153,000

February 20, 2025

Floor Plans

Description

Two double bedrooms +
First Floor Position +
Secure Parking Space +
Close to Piccadilly Station +
Purpose Built Development +
Large feature windows +
Modern fitted kitchen +
No onward chain +
Well presented +
Viewing essential +

NO ONWARD CHAIN - VITALSPACE ESTATE AGENTS are pleased to offer for sale this well presented, TWO DOUBLE BEDROOM apartment which briefly comprises; Chic and stylish living with a modern and neutral interior with two decent sized bedrooms each with jack and Jill access into a three piece shower room. This first floor apartment also benefits from a large open living room, kitchen and dining area. The apartment also has a parking space within the gated car park. The stylish development is located just a five minute drive to the east of the city centre. With close links to the ring road, and Sport City and Piccadilly Train Station being just a stone's throw away. Manchester city centre is just 1.25 miles away and has a range of bars, shops and restaurants for you to enjoy. This apartment is perfect if you’re a city worker, you’d make it to work in no time at all. Contact VitalSpace Estate Agents for further information or to arrange an internal inspection.

Agent Details

VitalSpace, South Manchester

0161 524 7829

Next Steps?

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

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