2 Bed Terraced House, Single Let, Manchester, M35 0HA, £159,950

61 Ashton Road East, Failsworth, Manchester, M35 9PW - a month ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£100K - £278K
Sold Prices/m²£1.4K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£141,532

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£5,999

Total Cash In

£45,986

 

 

Cash Out

 

Rent Range

£675 - £2,901

Rent Estimate

£850

Running Costs/mo

£690

Cashflow/mo

£160

Cashflow/yr

£1,922

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £278K, average is £148K. £1.4K/m² to £4.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£120K11/200.04 mi25, Queen Street, Failsworth, Manchester, Greater Manchester M35 0HA2
£153K07/230.11 mi27, Nixon Street, Failsworth, Manchester, Greater Manchester M35 0FW2
£140.3K03/210.11 mi10, Nixon Street, Failsworth, Manchester, Greater Manchester M35 0FW2
£144K05/230.11 mi14, Nixon Street, Failsworth, Manchester, Greater Manchester M35 0FW2
£146K12/220.11 mi8, Hulton Street, Failsworth, Manchester, Greater Manchester M35 0AZ2
£144K05/230.12 mi36, Hulton Street, Failsworth, Manchester, Greater Manchester M35 0AZ2
£137.5K08/230.12 mi16, Hulton Street, Failsworth, Manchester, Greater Manchester M35 0AZ2
£155K05/230.15 mi4, Hardman Street, Failsworth, Manchester, Greater Manchester M35 0BB2
£132K12/220.15 mi6, Clive Road, Failsworth, Manchester, Greater Manchester M35 0FZ2
£177.5K01/230.17 mi13, Hardman Lane, Failsworth, Manchester, Greater Manchester M35 0DL2
£245K12/220.18 mi91, Mather Street, Failsworth, Manchester, Greater Manchester M35 0DS2
£125K10/220.18 mi26, Dean Street, Failsworth, Manchester, Greater Manchester M35 0DW2
£166K06/230.19 mi13, Ridgefield Street, Failsworth, Manchester, Greater Manchester M35 0HJ2
£125K09/210.2 mi6, Densmore Street, Failsworth, Manchester, Greater Manchester M35 0FY2
£120K11/200.23 mi20, Ash Street, Failsworth, Manchester, Greater Manchester M35 0AJ2
£140K06/210.23 mi67, Hardman Lane, Failsworth, Manchester, Greater Manchester M35 0DZ2
£109.5K12/200.24 mi16, Dunkerley Avenue, Failsworth, Manchester, Greater Manchester M35 0ET2
£162.5K07/230.24 mi31, Dunkerley Avenue, Failsworth, Manchester, Greater Manchester M35 0ET2
£169.9K03/230.24 mi20, Hale Lane, Failsworth, Manchester, Greater Manchester M35 0DN2
£105K11/220.24 mi40, Rothwell Street, Failsworth, Manchester, Greater Manchester M35 0FX2
£118K06/210.26 mi17, Hale Lane, Failsworth, Manchester, Greater Manchester M35 0DN2
£190K05/210.26 mi47, Clive Road, Failsworth, Manchester, Greater Manchester M35 0NN2
£180K06/210.26 mi49, Clive Road, Failsworth, Manchester, Greater Manchester M35 0NN2
£162K03/230.27 mi1, Bardsley Avenue, Failsworth, Manchester, Greater Manchester M35 0EA2
£117.5K03/210.27 mi16, Mellor Street, Failsworth, Manchester, Greater Manchester M35 0HT2
£148K03/210.27 mi144, Ashton Road West, Failsworth, Manchester, Greater Manchester M35 0FB2
£210K03/230.28 mi1, Wye Avenue, Failsworth, Manchester, Greater Manchester M35 0FG2
£205K11/220.34 mi40, Burgess Drive, Failsworth, Manchester, Greater Manchester M35 0EU2
£202K05/230.34 mi42, Burgess Drive, Failsworth, Manchester, Greater Manchester M35 0EU2
£278K11/210.36 mi77, Broadway, Failsworth, Manchester, Greater Manchester M35 0DX2
£135K05/210.36 mi3, Wrigley Crescent, Failsworth, Manchester, Greater Manchester M35 0FU2
£247.5K04/230.37 mi17, Simister Road, Failsworth, Manchester, Greater Manchester M35 9GD2
£144K01/210.38 mi11, Francis Street, Failsworth, Manchester, Greater Manchester M35 9QP2
£100K11/220.38 mi34, Coronation Road, Failsworth, Manchester, Greater Manchester M35 0LT2
£140K11/210.38 mi1, King Street, Failsworth, Manchester, Greater Manchester M35 0JA2
£148K11/200.38 mi1, Claremont Street, Failsworth, Manchester, Greater Manchester M35 9PE2
£149.9K07/230.38 mi8, Claremont Street, Failsworth, Manchester, Greater Manchester M35 9PE2
£153K10/200.39 mi20, Lord Lane, Failsworth, Manchester, Greater Manchester M35 0SJ2
£130K03/210.4 mi47, Main Street, Failsworth, Manchester, Greater Manchester M35 9PD2
£162.3K02/210.41 mi8, Oak Road, Failsworth, Manchester, Greater Manchester M35 0WW2
£162.3K02/210.41 mi8, Oak Road, Failsworth, Manchester, Greater Manchester M35 0WW2
£278K11/210.42 mi77, Broadway, Failsworth, Manchester, Greater Manchester M35 0DX2
£145K12/200.42 mi21, Farm Street, Failsworth, Manchester, Greater Manchester M35 0JS2
£220K02/210.42 mi3, Wagstaff Drive, Failsworth, Manchester, Greater Manchester M35 9GH2
£125K02/210.44 mi48, Pole Lane, Failsworth, Manchester, Greater Manchester M35 9PB2
£115K02/210.44 mi35, Pole Lane, Failsworth, Manchester, Greater Manchester M35 9PB2
£147K11/210.44 mi12, Broome Grove, Failsworth, Manchester, Greater Manchester M35 0RS2
£150K11/200.44 mi121, Lord Lane, Failsworth, Manchester, Greater Manchester M35 0RZ2
£182K11/210.44 mi1, Totton Road, Failsworth, Manchester, Greater Manchester M35 9RF2
£205K10/200.45 mi47, Rishworth Drive, Manchester, Greater Manchester M40 3PR2

Local Rents

51 rents from £675/mo to £2.9K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,02505/240.07 mi-2
£82505/240.09 miAldred Street, Failsworth , Manchester2
£97511/240.1 mi-2
£97501/250.1 mi-2
£97501/250.1 mi-2
£87503/250.1 mi-2
£89503/250.1 mi-2
£1,10011/240.11 mi-2
£1,10011/240.11 mi-2
£1,05003/250.11 mi-2
£99512/240.11 mi-2
£85005/240.11 mi-2
£85005/240.11 miBrookdale Street, Failsworth, Manchester, M352
£90005/240.11 miHulton Street, Failsworth, Manchester, Greater Manchester, M352
£90008/240.11 mi-2
£80006/240.12 mi-2
£80005/240.12 miOldham Road, Oldham, M352
£92508/240.12 miDovedale Street, Failsworth, Manchester2
£89509/240.12 miDovedale Street, Failsworth, Manchester2
£1,25001/250.13 mi-2
£95005/240.13 miLancaster Avenue, Manchester, Greater Manchester, M352
£1,05008/240.13 miBrookdale Street, Manchester2
£1,15007/240.13 miPrincess Street, Failsworth, Manchester, M352
£87505/240.15 mi-2
£87505/240.15 miOld Road, Failsworth, Manchester, M352
£95005/240.18 mi-2
£67508/240.18 miMetro House, Failsworth, Manchester2
£1,17508/240.19 miDuke, 160 Oldham Road, Failsworth2
£72509/240.2 mi-2
£1,00007/240.2 mi-2
£99003/250.2 mi-2
£98007/240.2 mi-2
£98007/240.2 miDensmore Street, Failsworth, Manchester, M352
£1,10007/240.2 mi-2
£1,10006/240.2 miMather Street, Failsworth, Manchester, M352
£90005/240.22 miOld Road, Failsworth, Manchester2
£1,05003/250.22 mi-2
£1,20005/240.23 miAsh Street, Failsworth, Manchester, M352
£1,05001/250.25 mi-2
£82506/240.28 miGrimshaw Street, Failsworth2
£87508/240.3 miOld Road, Manchester, Greater Manchester, M352
£95002/250.3 mi-2
£95005/240.38 mi-2
£95005/240.38 miFrancis Street, Failsworth, Manchester, Greater Manchester, M352
£97503/250.38 mi-2
£1,00001/250.39 mi-2
£1,19511/240.4 mi-2
£2,86405/240.4 mi-2
£2,86405/240.4 mi-2
£2,86406/240.4 mi-2
£2,90102/240.4 mi-2

Local Area Statistics

Population in M35

20,671

Population in Manchester

920,095

Town centre distance

5.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental growth (12m)

+90%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £159,950

February 26, 2025

Description

  • Chain Free +
  • Popular & Convenient Location +
  • Close To Good Bus Route +
  • Close To Metrolink Station +
  • No Through Road +
  • Deceptively Spacious +
  • Ideal For FTBS +
  • Ideal For Investor +

CHAIN FREEPOPULAR & CONVENIENT LOCATIONCLOSE TO METROLINKSPACIOUS & WELL MAINTAINEDIDEAL FOR FIRST TIME BUYER OR INVESTOR We offer for sale this deceptively spacious 2 bedroom terraced property, situated in a popular & convenient location, close to a good bus route and Failsworth Metrolink station, ideal for the first time buyer or investor. The property is uPVC double glazed & combi gas centrally heated and briefly comprises: Vestibule entrance, lounge, fitted kitchen, utility room, 2 bedrooms and a 3 piece bathroom. Externally the property is pavement fronted and has a private yard to the rear with 2 outhouses.

Vestibule Entrance -

Lounge - 4.04m x 4.04m (13'3 x 13'3) - Fitted electric fire. Feature fireplace. Radiator.

Kitchen - 4.04m x 3.56m (13'3 x 11'8) - Good range of fitted wall & base units incorporating oven, hob & extractor. Stainless steel sink, rinser & drainer. Part ceramic wall tiled. Ceramic floor tiled. Stairs off. Under stairs storage. Radiator.

Utility Room - 2.46m x 1.55m (8'1 x 5'1) - Plumbed for washer. Radiator.

First Floor Landing - Spindled balustrade. Loft access.

Bedroom 1 - 4.04m x 4.04m (13'3 x 13'3) - Front aspect. Built in cupboard. Radiator.

Bedroom 2 - 3.48m x 1.88m (11'5 x 6'2) - Rear aspect. Radiator.

Bathroom - 3 piece suite. Part ceramic wall tiled. Radiator.

External - Pavement fronted and private yard area to the rear with 2 outhouses.

Tenure & Council Tax - We have been advised that this property is Leasehold on a 999 year lease with a fixed ground rent of approx. £2 per annum. The council tax is in Band A with Oldham Council.

Agent Details

N P Estates, Manchester

0161 524 9701

Next Steps?

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