2 Bed House, Single Let, Worsley, M28 3ST, £90,000

Worsley Gardens, Mountain Street, Worsley, M28 3ST - 2 months ago

Sold STC
Leasehold
BTL
ROI: 14%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£72K - £257K
Sold Prices/m²£1.2K/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£108,900
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£763

Running Costs/mo

£454

Cashflow/mo

£309

Cashflow/yr

£3,710

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £72K to £257K, average is £139K. £1.2K/m² to £2.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£160K12/210.05 mi33, Brackley Street, Worsley, Manchester, Greater Manchester M28 3GU2
£160K02/230.09 mi183, Bolton Road, Worsley, Manchester, Greater Manchester M28 3BJ2
£127K03/210.1 mi5, Algernon Road, Worsley, Manchester, Greater Manchester M28 3RD2
£115K02/210.13 mi8, Thorpe Street, Worsley, Manchester, Greater Manchester M28 3QQ2
£141.4K12/200.13 mi10, Thorpe Street, Worsley, Manchester, Greater Manchester M28 3QQ2
£220K07/240.17 mi10, Hill Top Road, Worsley, Manchester, Greater Manchester M28 3QG2
£135K06/210.17 mi40, St Marys Road, Worsley, Manchester, Greater Manchester M28 3RF2
£135K06/210.17 mi40, St Marys Road, Worsley, Manchester, Greater Manchester M28 3RF2
£89K11/200.2 mi70, Ridyard Street, Little Hulton, Manchester, Greater Manchester M38 9WE2
£131K03/240.25 mi30, Ellesmere Street, Little Hulton, Manchester, Greater Manchester M38 9NH2
£141.5K05/210.28 mi5, Ridyard Street, Little Hulton, Manchester, Greater Manchester M38 9LN2
£135K01/240.3 mi4, Russell Street, Little Hulton, Manchester, Greater Manchester M38 0LW2
£185K12/220.31 mi73, Worsley Road North, Worsley, Manchester, Greater Manchester M28 3QD2
£145K10/230.32 mi97, Worsley Road North, Worsley, Manchester, Greater Manchester M28 3QD2
£165K06/240.32 mi107, Worsley Road North, Worsley, Manchester, Greater Manchester M28 3QD2
£130K09/210.32 mi31, Cecil Street, Worsley, Manchester, Greater Manchester M28 3LE2
£110K11/230.32 mi27, Cecil Street, Worsley, Manchester, Greater Manchester M28 3LE2
£122K12/200.32 mi55, Cecil Street, Worsley, Manchester, Greater Manchester M28 3LE2
£117.5K11/200.32 mi56, Cecil Street, Worsley, Manchester, Greater Manchester M28 3LE2
£141K09/210.32 mi3, Lidgett Close, Little Hulton, Manchester, Greater Manchester M38 9NN2
£72K03/230.32 mi9, Lidgett Close, Little Hulton, Manchester, Greater Manchester M38 9NN2
£152K05/230.33 mi60, Manchester Road East, Little Hulton, Manchester, Greater Manchester M38 9LB2
£112K05/240.34 mi14, Grosvenor Drive, Worsley, Manchester, Greater Manchester M28 3RW2
£134K12/200.38 mi15, Westmeade Road, Worsley, Manchester, Greater Manchester M28 3GG2
£171K09/230.4 mi11, Albert Avenue, Worsley, Manchester, Greater Manchester M28 3GE2
£100K12/220.4 mi22, Bridgewater Street, Little Hulton, Manchester, Greater Manchester M38 9ND2
£157.5K08/230.41 mi74, Whittle Street, Worsley, Manchester, Greater Manchester M28 3WY2
£150K09/210.41 mi22, Hilton Lane, Worsley, Manchester, Greater Manchester M28 0SS2
£115K04/210.41 mi88, Worsley Road North, Worsley, Manchester, Greater Manchester M28 3QW2
£145K10/200.42 mi11, High Street, Worsley, Manchester, Greater Manchester M28 3JH2
£130K03/230.42 mi21, High Street, Worsley, Manchester, Greater Manchester M28 3JH2
£129.5K03/210.42 mi8, Egerton Road, Worsley, Manchester, Greater Manchester M28 3JY2
£162K04/210.42 mi26, Egerton Road, Worsley, Manchester, Greater Manchester M28 3JY2
£110K11/210.43 mi196, Manchester Road East, Little Hulton, Manchester, Greater Manchester M38 9LG2
£161.5K02/230.44 mi219, Manchester Road East, Little Hulton, Manchester, Greater Manchester M38 9AN2
£115K11/220.44 mi231, Manchester Road East, Little Hulton, Manchester, Greater Manchester M38 9AN2
£140K06/210.44 mi73, Trafford Drive, Little Hulton, Manchester, Greater Manchester M38 9QA2
£160K04/240.44 mi22, Mayfield Avenue, Worsley, Manchester, Greater Manchester M28 3JF2
£145K06/230.46 mi46, Hilton Lane, Worsley, Manchester, Greater Manchester M28 0ST2
£122K03/210.48 mi5, Pemberton Street, Little Hulton, Manchester, Greater Manchester M38 9LR2
£171K11/210.48 mi70, Tynesbank, Worsley, Manchester, Greater Manchester M28 0SL2
£115K11/200.48 mi97, Coniston Avenue, Little Hulton, Manchester, Greater Manchester M38 9NZ2
£120K01/210.49 mi16, Wingate Road, Little Hulton, Manchester, Greater Manchester M38 9PP2
£151K10/230.5 mi2, Delphi Avenue, Worsley, Manchester, Greater Manchester M28 3ED2
£170K12/220.56 mi69, Wilbraham Road, Worsley, Manchester, Greater Manchester M28 3LL2
£257K02/230.56 mi27, Church Road, Worsley, Manchester, Greater Manchester M28 3LW2
£230K04/230.56 mi63, Westminster Road, Worsley, Manchester, Greater Manchester M28 3AW2
£132.5K01/210.57 mi38, Graymar Road, Little Hulton, Manchester, Greater Manchester M38 9PE2
£143K11/210.59 mi41, Hodge Road, Worsley, Manchester, Greater Manchester M28 3AU2
£138K01/210.59 mi64, Memorial Road, Worsley, Manchester, Greater Manchester M28 3AG2

Local Rents

50 rents from £750/mo to £1.1K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£99504/250 mi-2
£95008/230.05 mi-2
£99512/240.06 mi-2
£90009/230.06 mi-2
£85009/240.06 mi-2
£95010/240.16 mi-2
£90005/240.16 miVictoria Place Walkden2
£85005/240.17 miReservoir Gardens, Worsley, Manchester, M282
£85012/240.17 mi-2
£92504/250.2 mi-2
£99009/240.21 mi-2
£95005/240.22 miAlexandra Road, Worsley, Salford, M282
£97503/250.23 mi-2
£95010/240.23 mi-2
£85002/250.24 mi-2
£99004/250.27 mi-2
£95003/250.29 mi-2
£99504/250.32 mi-2
£1,00003/250.33 mi-2
£1,00003/250.33 mi-2
£95012/240.34 mi-2
£90005/240.36 mi-2
£90005/240.36 mi-2
£90006/240.36 mi-2
£89512/240.36 mi-2
£85005/240.37 miManchester Road East, Little Hulton, Manchester, M382
£92504/250.38 mi-2
£79507/230.39 mi-2
£99501/250.4 mi-2
£95005/240.4 mi-2
£95008/240.4 miSt. Andrews House, Manchester Road East, M382
£99503/250.4 mi-2
£98504/240.41 mi-2
£79508/240.43 miManchester Road, Little Hulton, M382
£90012/240.44 mi-2
£77505/240.44 miLargo House, Egerton Road, Walkden2
£77506/240.44 miLargo House, Egerton Road, Walkden2
£75005/240.44 miLargo House, Walkden2
£75006/240.44 miLargo House, Walkden2
£80005/240.45 miPrescott Court, Walkden, Worsley2
£85005/240.46 miHatherton Court, Worsley2
£89509/240.46 mi-2
£99512/240.46 mi-2
£90008/240.47 mi-2
£90003/250.47 mi-2
£99505/240.48 mi-2
£1,00005/240.48 mi-2
£1,00005/240.49 mi-2
£1,10002/250.49 mi-2
£87505/240.52 miLongley Road, Worsley, Manchester, M282

Local Area Statistics

Population in M28

39,097

Town centre distance

0.96 miles away

Nearest school

0.30 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £90,000

February 26, 2025

Floor Plans

Description

  • PERFECT FOR FIRST TIME BUYERS +
  • NO CHAIN +
  • CLOSE TO AMENITIES +
  • MOVE IN READY +
  • TWO BEDROOMS +
  • SECURE PARKING +

This stylish two-bedroom apartment, located on the second floor, offers modern living just moments from Walkden Town Centre.

The property features a welcoming entrance hall, a spacious lounge, a contemporary fitted kitchen, two well-proportioned bedrooms, and a modern bathroom. Additional benefits include allocated parking and secure gated access. With convenient access to major motorway and rail networks, as well as local shops, restaurants, and a range of sporting and recreational facilities, this apartment perfectly combines comfort and convenience.

Agent Details

Hunters Worsley, Worsley

0161 524 8645

Next Steps?

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