3 Bed Terraced House, Single Let, Manchester, M19 2ES, £250,000

Forest Range, Levenshulme, M19 2ES - 2 views - 2 months ago

BTL
ROI: 2%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£168K - £455K
Sold Prices/m²£2K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£270,863
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,050 - £2,700

Rent Estimate

£1,159

Running Costs/mo

£1,033

Cashflow/mo

£126

Cashflow/yr

£1,511

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £168K to £455K, average is £297.5K. £2K/m² to £4.1K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£243K10/230.01 mi47, Forest Range, Manchester, Greater Manchester M19 2ES3
£325.5K09/230.02 mi54, Marshall Road, Manchester, Greater Manchester M19 2FQ3
£342K10/200.02 mi26, Marshall Road, Manchester, Greater Manchester M19 2FQ3
£270K06/210.03 mi44, Forest Range, Manchester, Greater Manchester M19 2HP3
£295K03/230.05 mi9, Fir Grove, Manchester, Greater Manchester M19 2ET3
£400K03/210.12 mi11, Buckhurst Road, Manchester, Greater Manchester M19 2DS3
£455K12/220.13 mi2, Arliss Avenue, Manchester, Greater Manchester M19 2PD3
£178K05/210.15 mi1, Ross Avenue, Manchester, Greater Manchester M19 2HW3
£327K02/240.16 mi29, Victoria Avenue, Levenshulme, Manchester, Greater Manchester M19 2PE3
£406.5K12/230.16 mi31, Victoria Avenue, Levenshulme, Manchester, Greater Manchester M19 2PE3
£325K08/230.19 mi7, Worsley Grove, Levenshulme, Manchester, Greater Manchester M19 3AF3
£350.1K12/200.2 mi48, Linden Park, Manchester, Greater Manchester M19 2PW3
£440K06/230.21 mi16, Sylvandale Avenue, Manchester, Greater Manchester M19 2FB3
£353K12/230.21 mi3, Carson Road, Manchester, Greater Manchester M19 2PJ3
£270K01/230.21 mi15, Pascal Street, Manchester, Greater Manchester M19 3WW3
£221.5K12/230.21 mi19, Pascal Street, Manchester, Greater Manchester M19 3WW3
£350K06/210.21 mi37, Linden Park, Manchester, Greater Manchester M19 2PQ3
£402K11/220.21 mi45, Linden Park, Manchester, Greater Manchester M19 2PQ3
£407K09/230.21 mi37, Linden Park, Manchester, Greater Manchester M19 2PQ3
£336K02/210.21 mi17, Linden Park, Manchester, Greater Manchester M19 2PQ3
£250K02/210.22 mi35, Cromwell Grove, Manchester, Greater Manchester M19 3QD3
£233K04/210.23 mi29, Stanhope Street, Manchester, Greater Manchester M19 3WQ3
£248K03/210.23 mi3, Stanhope Street, Manchester, Greater Manchester M19 3WQ3
£230K11/200.23 mi24, Stanhope Street, Manchester, Greater Manchester M19 3WQ3
£238.8K03/210.23 mi48, Delamere Road, Manchester, Greater Manchester M19 3NQ3
£317.5K08/230.24 mi20, Langdale Avenue, Manchester, Greater Manchester M19 3NT3
£218K01/210.24 mi33, Langdale Avenue, Manchester, Greater Manchester M19 3NT3
£200K11/200.24 mi32, Carrill Grove East, Manchester, Greater Manchester M19 3BT3
£406K11/200.25 mi22, Central Avenue, Manchester, Greater Manchester M19 2EN3
£228K05/210.27 mi8, Gordon Avenue, Manchester, Greater Manchester M19 3WG3
£216K06/210.27 mi12, Gordon Avenue, Manchester, Greater Manchester M19 3WG3
£265K05/230.28 mi29, Monica Grove, Manchester, Greater Manchester M19 2BQ3
£300K05/210.28 mi52, Cromwell Grove, Manchester, Greater Manchester M19 3QN3
£243.8K07/230.28 mi58, Cromwell Grove, Manchester, Greater Manchester M19 3QN3
£325K05/210.28 mi85, Linden Park, Manchester, Greater Manchester M19 2PG3
£400K11/230.28 mi57, Linden Park, Manchester, Greater Manchester M19 2PG3
£354K06/210.28 mi89, Linden Park, Manchester, Greater Manchester M19 2PG3
£325K01/230.28 mi92, Milwain Road, Burnage, Manchester, Greater Manchester M19 2PR3
£420.3K07/230.28 mi2, Gloucester Avenue, Manchester, Greater Manchester M19 3WT3
£325K04/210.29 mi3, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE3
£266K09/210.29 mi280, Moseley Road, Levenshulme, Manchester, Greater Manchester M19 2LH3
£286K01/240.29 mi14, Monica Grove, Manchester, Greater Manchester M19 2BN3
£317.5K01/240.29 mi20, Ranford Road, Manchester, Greater Manchester M19 2GL3
£235.5K11/200.3 mi27, Henderson Street, Manchester, Greater Manchester M19 2GQ3
£220K08/230.3 mi2, Craighall Avenue, Manchester, Greater Manchester M19 2BR3
£250K09/230.3 mi15, Kingsway, Manchester, Greater Manchester M19 2BZ3
£350K08/230.3 mi138, Slade Lane, Manchester, Greater Manchester M19 2AQ3
£168K10/210.3 mi1, Balleratt Street, Manchester, Greater Manchester M19 3DF3
£250K12/230.3 mi12, Eltham Street, Manchester, Greater Manchester M19 3AL3
£217K02/210.3 mi8, Eltham Street, Manchester, Greater Manchester M19 3AL3

Local Rents

50 rents from £1.1K/mo to £2.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25005/240.05 mi-3
£1,35004/250.05 mi-3
£1,25005/240.05 miForest Range, Manchester, M193
£1,30005/240.09 miAlbert Road, Manchester, M19 2FP3
£1,49505/240.09 miAlbert Road, Manchester, Greater Manchester, M193
£1,25012/240.1 mi-3
£1,25012/240.1 mi-3
£1,25005/240.1 miAlbert Road, Manchester, M193
£1,25006/240.1 miAlbert Road, Manchester, M193
£1,35005/240.16 mi-3
£1,35005/240.16 miAlbert Road, Manchester, M193
£1,40012/240.17 mi-3
£1,30012/240.19 mi-3
£1,51712/240.2 mi-3
£1,50005/240.2 miDelamere Road, Manchester, M193
£1,68005/240.2 miDelamere Road, Manchester, M193
£1,68006/240.2 mi-3
£1,20001/240.21 mi-3
£1,50005/240.22 mi-3
£1,10012/240.23 mi-3
£1,25006/240.24 miLangdale Avenue, Levenshulme, Manchester, M193
£1,80003/250.24 mi-3
£1,20005/240.26 miMonica Grove, Manchester, Greater Manchester, M193
£1,60005/240.27 miLytham Road, Fallowfield3
£1,59505/240.28 miCromwell Grove, Manchester, Greater Manchester, M193
£1,40002/240.29 mi-3
£1,40005/240.31 miMontreal Street, M19 3BY3
£1,45012/240.32 mi-3
£1,60012/240.32 mi-3
£1,19505/240.32 miBelvoir Avenue, Manchester, Greater Manchester, M193
£1,65006/240.33 miWoodland Road, Manchester3
£1,50004/250.33 mi-3
£1,60005/240.34 miFortuna Grove, Manchester, Greater Manchester, M19 2BP3
£1,30006/240.34 miKing Edward Street, Manchester3
£1,39505/240.34 miWestminster Street, Levenshulme, Manchester3
£1,50008/240.36 mi-3
£1,69504/250.37 mi-3
£2,70003/250.39 mi-3
£1,40002/250.39 mi-3
£1,35005/240.4 miRushmere Avenue, Levenshulme, Manchester, M193
£1,45005/240.41 miBurnage Lane, Manchester3
£1,30011/240.43 mi-3
£1,30011/240.43 mi-3
£1,05012/240.46 mi-3
£1,30005/240.46 miOld Hall Lane, Manchester, M133
£1,60002/250.47 mi-3
£1,52504/250.47 mi-3
£1,30005/240.48 miGarfield Avenue, Manchester, Greater Manchester, M193
£1,60005/240.49 miAlexandra Drive, Burnage, Manchester3
£1,35005/240.5 miRoseleigh Avenue3

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.48 miles away

Nearest school

0.10 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £250,000

February 21, 2025

Floor Plans

Description

  • Investment Opportunity +
  • Three Bedrooms +
  • Garden +
  • Well Connected Location +
  • Open Plan Lounge/Dining Room +
  • Local Amenities Nearby +

Call all INVESTORS! This three-bedroom terraced property is located in the heart of Levenshulme, a well-connected area with easy access to local amenities and transport links. Situated just a short distance from Levenshulme train station, this home presents an exciting investment opportunity for BUY-TO-LET buyers and those seeking a property brimming with POTENTIAL. The property opens with a welcoming vestibule, leading into an expansive OPEN PLAN lounge/dining room, perfect for family living and entertaining. At the rear, the kitchen provides convenient access to an enclosed, low-maintenance garden, ideal for outdoor dining. Upstairs, you'll find three double bedrooms. The master bedroom boasts built-in storage, offering a practical solution for keeping things organized. A three-piece bathroom suite completes the first floor. The property's location is a standout feature, with a variety of local shops, supermarkets, and medical practices nearby. Cringle Park offers green space for leisure, and there are reputable schools in the area, making it well situated for young families. Bus routes and train stations provide excellent links to Manchester and Stockport, ensuring a highly convenient lifestyle. This property offers incredible potential for those looking to invest in a growing and thriving area.

Agent Details

Edward Mellor Ltd, Levenshulme

0161 524 5302

Next Steps?

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