3 Bed Terraced House, Single Let, Manchester, M15 5QQ, £260,000

Chichester Road South, Hulme, Manchester, M15 5QQ - a month ago

Leasehold
BTL
ROI: 3%
~93 m²
+24 photos

ValuationFair Value











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£850 - £2,000

Rent Estimate

£1,236

Running Costs/mo

£1,080

Cashflow/mo

£156

Cashflow/yr

£1,876

ROI

3%

Gross Yield

6%













Local Rents

50 rents from £850/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,80005/240 miChichester Road South, Hulme, Manchester3
£1,86505/240.01 miChichester Road South, Hulme, Manchester M15 5QQ3
£1,86512/240.01 mi-3
£2,00003/250.01 mi-3
£1,50003/250.05 mi-3
£1,50003/250.05 mi-3
£1,30005/240.05 miHeron Street, Hulme, Manchester, M15 5PR3
£1,30005/240.05 miHeron Street, Hulme, Manchester, M15 5PR3
£1,38505/240.08 miBlanchard Street, Hulme, Manchester. M15 5PN3
£1,40005/240.09 miMytton Street, Manchester, Greater Manchester, M153
£1,38505/240.09 miMytton Street, Hulme, Manchester. M15 5AZ3
£1,60001/250.1 mi-3
£1,50005/240.1 miBlanchard St, Hulme, Manchester. M15 5PN3
£1,50005/240.1 miBlanchard St, Hulme, Manchester. M15 5PN3
£1,29505/240.1 miAlanbrooke Walk, Manchester, M153
£1,40005/240.11 miPeregrine Street, Hulme, Manchester, M153
£1,45005/240.11 miGreenheys Lane West, Manchester, M153
£1,96505/240.12 miPeregrine Street, Hulme, Manchester, M15 5PZ3
£1,85005/240.12 miBoston Street, Hulme, Manchester3
£85003/250.12 mi-3
£1,80005/240.12 miBoston Street, Hulme, Manchester3
£1,85005/240.12 miBoston Street, Hulme, Manchester3
£1,86505/240.13 miPeregrine Street, Hulme, Manchester. M15 5PU3
£1,82002/240.13 miBoston Street, Hulme, Manchester. M15 5AY3
£1,86505/240.13 miBetsham Street, Hulme, Manchester. M15 5JN3
£1,80005/240.13 miBoston Street, Hulme, Manchester3
£1,40005/240.13 miBoston Street, Manchester, M15 5AY3
£1,30005/240.13 miBoston Street, Manchester, M15 5AY3
£2,00005/240.14 miPeregrine Street, Hulme, Manchester3
£1,50005/240.14 miPeregrine St, Hulme, Manchester. M15 5PU3
£1,99505/240.14 miHulme High Street, Hulme, M153
£1,99512/240.14 mi-3
£1,99505/240.14 miHulme High Street, Manchester, M153
£1,80003/250.14 mi-3
£1,39503/250.15 mi-3
£1,75005/240.16 miBold Street, Hulme, Manchester3
£1,85005/240.19 miPickering Street , Hulme, Manchester, M15 5LQ3
£1,45005/240.19 miHalston Street, Manchester, M153
£1,50005/240.22 miRolls Crescent, Hulme, Manchester, M153
£1,85005/240.22 miDrayton Street, Hulme, Manchester. M15 5LL3
£1,50005/240.22 miRolls Crescent, Hulme, Manchester, M15 5FP3
£1,86005/240.22 miMackworth Street, Hulme, Manchester, M15 5LP3
£1,60005/240.22 miBold Street, Hulme, Manchester3
£1,50005/240.23 miWarde Street, Hulme, Manchester3
£1,90003/250.23 mi-3
£1,70005/240.23 miBold Street, Hulme, Manchester3
£1,45005/240.23 mi-3
£1,45005/240.23 miWarde Street, Manchester, M153
£1,86505/240.23 miMackworth Street, Hulme, Manchester, M15 5LP.3
£1,50005/240.23 miBankwell Street, Hulme, Manchester, M153

Local Area Statistics

Population in M15

20,050

Population in Manchester

920,095

Town centre distance

0.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £260,000

February 26, 2025

Floor Plans

Description

NEW PRICE.

An opportunity for both investors and first-time buyers to acquire this three storey Mews style property in the highly sought after location of Hulme M15.

Offering in brief: a hallway, W/C, and bedroom to the ground floor along with a rear garage. To the first floor are two double size bedrooms with the master bedroom featuring an en-suite shower room, a main bathroom and balcony. The top floor offers a vast open plan living area incorporating a fitted kitchen.

Leasehold Expires 01/05/2125
Ground rent £102 per year To E & M
Service Charge £880 per 6 months To First Port.
EPC C

Agent Details

Bridgfords, Manchester

0161 524 4219

Next Steps?

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