2 Bed Flat, Single Let, Manchester, M19 2UX, £200,000

Kingsway Flat , Levenshulme, M19 2UX - 2 months ago

Leasehold
BTL
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£70K - £250K
Sold Prices/m²£1.7K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£155,471

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£699 - £1,565

Rent Estimate

£699

Running Costs/mo

£785

Cashflow/mo

£-86

Cashflow/yr

£-1,030

Gross Yield

4%

Local Sold Prices

32 sold prices from £70K to £250K, average is £156.3K. £1.7K/m² to £3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£130K03/230.22 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£70K03/230.3 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.3 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.3 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£123K03/230.3 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.31 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£75K02/230.62 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£142K10/210.72 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£130.5K03/210.78 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£115K03/210.79 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£155K10/210.83 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.83 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.83 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.83 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£165K05/210.83 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£203K12/220.83 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£250K12/220.86 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£185K12/220.87 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£145K06/220.87 mi2, Higher Meadows, Levenshulme, Manchester, Greater Manchester M19 3BQ2
£103K11/200.92 mi32, Totland Close, Manchester, Greater Manchester M12 5RY2
£129K05/230.96 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2
£155K12/200.96 miFlat 4, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP2
£170K01/230.97 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£202K12/220.98 mi30, Willow Bank, Manchester, Greater Manchester M14 6XT2
£160K02/210.98 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/230.98 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/230.98 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/230.98 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/230.98 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/230.98 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172.5K12/220.98 mi62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£213K10/210.98 mi32, Willow Bank, Manchester, Greater Manchester M14 6XT2

Local Rents

50 rents from £699/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95005/240 mi1 Kingsway, Manchester, M192
£97512/240.16 mi-2
£1,05004/250.16 mi-2
£1,27505/240.21 miAlbert Road, Manchester, Greater Manchester, M192
£1,32505/240.23 miAlbert Road, Levenshulme, M19 2FP2
£85005/240.32 mi4 Farmside Place, Levenshulme2
£1,00006/240.32 mi-2
£77512/240.32 mi-2
£77512/240.32 mi-2
£69912/240.32 mi-2
£69912/240.32 mi-2
£85012/240.32 mi-2
£80012/240.32 mi-2
£69912/240.32 mi-2
£69912/240.32 mi-2
£69912/240.32 mi-2
£77504/250.32 mi-2
£95012/240.35 mi-2
£1,00005/240.35 miBrailsford Road, Fallowfield, M142
£1,17005/240.36 miBurnage Avenue, Manchester, Greater Manchester, M192
£1,20012/240.36 mi-2
£1,54505/240.36 miBrailsford Road, Fallowfield, Manchester, M142
£1,25005/240.39 mi-2
£1,15004/250.41 mi-2
£1,00002/250.41 mi-2
£1,56505/240.43 miColwyn Avenue, Fallowfield, Manchester, M142
£1,54505/240.43 miBrailsford Road, Fallowfield, Manchester, M142
£1,05005/240.43 miBrailsford Road, Fallowfield, Manchester2
£1,35812/240.44 mi-2
£1,30001/250.44 mi-2
£1,20002/250.45 mi-2
£1,20001/250.45 mi-2
£72012/240.46 mi-2
£72012/240.46 mi-2
£1,15012/240.47 mi-2
£1,10012/240.47 mi-2
£1,00005/240.49 miAgnes Street, Levenshulme, Manchester, M192
£1,25012/240.51 mi-2
£1,20012/240.52 mi-2
£1,20012/240.52 mi-2
£1,09506/240.53 miDelafield Avenue, Manchester, M122
£1,10005/240.53 miHenderson Street, Levenshulme, Manchester, M192
£1,20002/250.53 mi-2
£1,09505/240.54 miRatcliffe Street, Manchester, M192
£1,09502/240.54 mi-2
£1,12705/240.54 miBalmoral Road, Fallowfield, Manchester, M142
£1,12705/240.54 miBalmoral Road, Fallowfield, Manchester, M142
£1,20006/240.55 mi-2
£1,09505/240.56 miDamien Street, Manchester, M122
£1,20012/240.59 mi-2

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.23 miles away

Nearest school

0.20 miles away

Nearest train station

0.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £200,000

February 21, 2025

Floor Plans

Description

  • Second Floor Apartment +
  • Two DOUBLE Bedrooms +
  • 63% Bigger Than The Other Flats In This Block +
  • Spacious Lounge/Kitchen +
  • Recently Renovated Bathroom +
  • NO CHAIN +

Occupying a convenient position within residential Levenshulme This TWO BEDROOM top floor apartment occupies a convenient position within a residential part of Levenshulme, with excellent TRANSPORT LINKS to both Manchester and Stockport. It is considerably bigger than others in the block. The SPACIOUS and OPEN PLAN lounge/kitchen area has triple-aspect windows with views over West Point Gardens. The fitted kitchen has integrated appliances, a five-ring gas hob, and ample countertop space. The good-sized entrance hall leads to two DOUBLE bedrooms and the recently renovated bathroom which features both bath and shower. The apartment is available with NO ONWARD CHAIN for a speedy completion process! Local amenities are within walking distance, such as shops, food/drink establishments, Birchfields Park and Gardens, as well as Westpoint Pharmacy. Levenshulme train station is a ten minute stroll away and can transport commuters to Manchester City Centre in under ten minutes. Additionally, there are regular bus routes to Manchester and stops within close proximity to the property.  Viewing is HIGHLY recommended to appreciate all this property has to offer. Call TODAY to register interest!

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 💪