2 Bed Terraced House, Single Let, Manchester, M18 8RN, £160,000

Harrop Street, Gorton, Manchester, Greater Manchester, M18 8RN - 3 views - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£69K - £174K
Sold Prices/m²£1.1K/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£108,822

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£800 - £1,350

Rent Estimate

£863

Running Costs/mo

£693

Cashflow/mo

£170

Cashflow/yr

£2,045

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £69K to £174K, average is £125K. £1.1K/m² to £2.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£150K10/220.02 mi53, Harrop Street, Manchester, Greater Manchester M18 8RN2
£135K03/230.03 mi297, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RH2
£108K10/200.04 mi328, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£95K04/210.04 mi290, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£115K12/200.06 mi24, Sandown Street, Manchester, Greater Manchester M18 8SA2
£102.5K11/200.08 mi52, Madison Street, Manchester, Greater Manchester M18 8SD2
£155K02/230.12 mi3, Kenyon Street, Manchester, Greater Manchester M18 8SH2
£110K01/210.14 mi213, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TN2
£125K05/210.14 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£125K05/210.14 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£141K07/230.15 mi8, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£125K07/210.15 mi36, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£130K03/240.15 mi13, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£100K11/200.16 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£100K11/200.16 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£115K01/230.16 mi19, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£138K05/240.16 mi46, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£112K12/210.16 mi20, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£129K06/230.18 mi43, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£105K02/240.18 mi29, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£145K12/230.19 mi41, Corrigan Street, Manchester, Greater Manchester M18 8QS2
£110K12/200.21 mi105, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TJ2
£140K02/240.22 mi47, Courier Street, Manchester, Greater Manchester M18 8SY2
£160K05/230.23 mi201, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8GA2
£174K12/220.23 mi19, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA2
£138K07/220.23 mi7, Franklyn Road, Manchester, Greater Manchester M18 8QX2
£160.2K06/230.25 mi4, Ernocroft Grove, Manchester, Greater Manchester M18 8GB2
£108K04/210.25 mi208, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8QN2
£90K12/230.26 mi12, Bread Street, Manchester, Greater Manchester M18 8QF2
£135K03/230.27 mi18, Gidlow Street, Manchester, Greater Manchester M18 8GE2
£144K04/210.36 mi46, Delamere Street, Manchester, Greater Manchester M11 1JY2
£145K07/230.37 mi47, Carberry Road, Manchester, Greater Manchester M18 8PR2
£90K12/230.38 mi12, Hollybush Street, Manchester, Greater Manchester M18 8PS2
£130K12/200.39 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£130K12/200.39 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£105K01/210.39 mi28, Vine Street, Manchester, Greater Manchester M11 1LJ2
£110.5K06/210.4 mi70, Ackroyd Street, Manchester, Greater Manchester M11 1WT2
£80K06/240.4 mi34, Longford Street, Manchester, Greater Manchester M18 8GQ2
£69K12/200.4 mi70, Longford Street, Manchester, Greater Manchester M18 8GQ2
£146K09/210.42 mi1, Plantation Street, Manchester, Greater Manchester M18 8PH2
£106K02/210.42 mi10, Plantation Street, Manchester, Greater Manchester M18 8PH2
£166K11/220.42 mi104, Cross Lane, Manchester, Greater Manchester M18 8NZ2
£92K06/230.44 mi8, Crowther Street, Manchester, Greater Manchester M18 8PY2
£163.5K08/240.44 mi65, Woodhouse Street, Manchester, Greater Manchester M18 8PA2
£121K02/230.46 mi57, Rockhampton Street, Manchester, Greater Manchester M18 8UP2
£136K11/200.47 mi55, Hobart Street, Manchester, Greater Manchester M18 8UR2
£100K02/240.47 mi15, Hobart Street, Manchester, Greater Manchester M18 8UR2
£140K11/220.47 mi52, Hobart Street, Manchester, Greater Manchester M18 8UG2
£115K05/230.47 mi45, Harrington Street, Manchester, Greater Manchester M18 8UQ2
£130K03/230.47 mi63, Rockhampton Street, Manchester, Greater Manchester M18 8UP2

Local Rents

52 rents from £800/mo to £1.4K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,10012/240.04 mi-2
£1,20003/250.05 mi-2
£89505/240.08 miMadison Street, Abbey Hey, Manchester, Greater Manchester, M182
£97512/240.1 mi-2
£85005/240.1 mi-2
£95005/240.12 miJetson Street, Manchester2
£1,00005/240.12 mi-2
£1,10003/250.12 mi-2
£90012/240.13 mi-2
£90002/240.16 mi-2
£90002/240.16 mi-2
£87012/240.17 mi-2
£87012/240.17 mi-2
£1,15005/240.21 miGrapevine Avenue, Manchester, Greater Manchester, M182
£1,35005/240.22 mi-2
£90012/240.23 mi-2
£95005/240.23 mi-2
£95006/240.23 mi-2
£95012/240.23 mi-2
£95005/240.29 miMontana Square, Manchester, M112
£95005/240.29 mi-2
£87512/240.35 mi-2
£82505/240.35 mi4 Maybury Street, Manchester, Greater Manchester, M18 8GP2
£1,05012/240.39 mi-2
£95005/240.4 miLongford Street, Manchester, M182
£90005/240.4 miHawthorn Street, Gorton, MANCHESTER, M182
£1,20003/250.42 mi-2
£99501/250.43 mi-2
£1,29912/240.44 mi-2
£1,00005/240.46 miCampbell House, Ashton Road, Openshaw2
£1,02505/240.46 miCampbell House, Ashton Road, Openshaw2
£1,20003/250.47 mi-2
£99506/240.47 miRockhampton Street, Manchester, M182
£1,20012/240.47 mi-2
£1,10012/240.48 mi-2
£1,30012/240.48 mi-2
£90005/240.49 miRockhampton Street, Gorton, Manchester, M182
£1,00005/240.49 miAshton Old Road, Manchester, Greater Manchester, M112
£1,25012/240.49 mi-2
£1,05005/240.54 miKirk Street, Gorton, Manchester, M182
£1,05006/240.54 miKirk Street, Gorton, Manchester, M182
£1,00005/240.55 miAshkirk Street, Manchester2
£95006/240.55 miAcheson Street, Manchester2
£95006/240.56 miJessop Street, Manchester, Greater Manchester, M182
£1,00005/240.57 mi-2
£1,00005/240.57 mi-2
£1,05003/250.57 mi-2
£95012/240.57 mi-2
£1,08003/250.58 mi-2
£95012/240.6 mi-2
£80012/230.61 mi-2
£1,05005/240.61 mi-2

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.90 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £160,000

February 25, 2025

Floor Plans

Description

Welcome to Harrop Street, a charming two-bedroom terrace home located in a desirable and convenient area. This property offers a perfect blend of cozy living spaces and modern design, making it an excellent choice for first-time buyers, small families, or those looking to downsize.

As you enter the property, you are greeted by a hallway. This leads to a welcoming family lounge situated at the front of the house. This bright and inviting space is perfect for relaxing and entertaining, with large windows that allow natural light to flood the room, creating a warm and homely atmosphere.
Towards the rear of the property, you will find the spacious dining/ Second reception area. The dining area leads through to the kitchen. This well-appointed space is designed for both cooking and dining, featuring ample countertop space, modern kitchen units.

The first floor comprises two well-proportioned double bedrooms, each offering ample space for everyone’s needs. The family bathroom is also located on this level, equipped with modern fixtures and fittings to meet all your needs.
Externally, the property is garden-fronted, enhancing its curb appeal and providing a pleasant outlook.

To the rear, there is an enclosed yard, offering a private outdoor space that is easy to maintain and perfect for a variety of uses, paved with stone perfect for relaxing in the fresh air to hosting barbecues.

Harrop Street is ideally located close to local amenities, schools, and excellent transport links, making it a convenient place to call home. This delightful terrace property combines comfort, functionality, and charm, making it a must-see for anyone looking for a new home in the area.

Don’t miss the chance to make this lovely property your own. Contact us today to arrange a viewing and discover all that Harrop Street has to offer.

Agent Details

Bridgfords, Denton

0161 524 6893

Next Steps?

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