3 Bed Terraced House, Single Let, Manchester, M22 1GE, £200,000

Lenham Walk, Woodhouse Park, Wythenshaw, Greater Manchester, M22 1GE - 4 views - a month ago

BTL
ROI: 4%
~93 m²
+18 photos

ValuationUndervalued

Sold Prices£92.5K - £308K
Sold Prices/m²£1.1K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£217,705

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£57,800

 

 

Cash Out

 

Rent Range

£1,100 - £2,650

Rent Estimate

£1,144

Running Costs/mo

£874

Cashflow/mo

£270

Cashflow/yr

£3,242

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £92.5K to £308K, average is £210K. £1.1K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£218.5K08/230.1 mi41, Ellenbrook Road, Manchester, Greater Manchester M22 1JH3
£218K06/230.14 mi100, Thornsgreen Road, Manchester, Greater Manchester M22 1GD3
£220K12/230.15 mi176, Cornishway, Manchester, Greater Manchester M22 1WN3
£210K11/210.17 mi37, Ravenscar Crescent, Manchester, Greater Manchester M22 0HY3
£175K01/210.17 mi6, Darian Avenue, Manchester, Greater Manchester M22 0HR3
£160K04/210.19 mi2, Staithes Road, Manchester, Greater Manchester M22 0HD3
£174K01/210.2 mi30, Hazelwood Road, Wythenshawe, Manchester, Greater Manchester M22 0AD3
£212.3K11/210.21 mi12, Lambourne Close, Manchester, Greater Manchester M22 1HS3
£217.5K04/230.23 mi30, Hazelwood Road, Wythenshawe, Manchester, Greater Manchester M22 0AD3
£150K10/200.25 mi79, Ravenscar Crescent, Manchester, Greater Manchester M22 0HP3
£239.3K02/230.26 mi12, Thirlby Drive, Manchester, Greater Manchester M22 0EQ3
£185K10/200.27 mi12, Austell Road, Manchester, Greater Manchester M22 0WN3
£207K06/230.27 mi103, Ravenscar Crescent, Manchester, Greater Manchester M22 0HP3
£240K06/230.28 mi64, Staithes Road, Manchester, Greater Manchester M22 0HF3
£180K06/210.28 mi18, Herle Drive, Manchester, Greater Manchester M22 1WH3
£235K05/230.28 mi10, Braintree Road, Manchester, Greater Manchester M22 0HH3
£210K06/210.31 mi173, Cornishway, Manchester, Greater Manchester M22 1SX3
£215K06/230.32 mi12, Herle Drive, Manchester, Greater Manchester M22 1WH3
£210K02/230.32 mi32, Austell Road, Manchester, Greater Manchester M22 0NQ3
£246K10/230.33 mi28, Robinsbay Road, Manchester, Greater Manchester M22 0LT3
£173K01/210.33 mi30, Robinsbay Road, Manchester, Greater Manchester M22 0LT3
£165K11/200.33 mi10, Poynings Drive, Manchester, Greater Manchester M22 1WF3
£245K02/230.34 mi13, Bampton Road, Manchester, Greater Manchester M22 1NH3
£140K06/210.35 mi6, Edendale Drive, Manchester, Greater Manchester M22 1NF3
£92.5K01/210.36 mi2, Kerris Close, Manchester, Greater Manchester M22 0AF3
£275.5K12/220.39 mi27, Lownorth Road, Manchester, Greater Manchester M22 0JU3
£193K08/210.4 mi42, Hilary Road, Manchester, Greater Manchester M22 1WQ3
£190K08/210.41 mi13, Exbourne Road, Manchester, Greater Manchester M22 1WE3
£185K03/210.41 mi8, Suffield Walk, Manchester, Greater Manchester M22 1NG3
£218K08/230.47 mi77, Hatchett Road, Manchester, Greater Manchester M22 0FB3
£180K01/240.49 mi55, Prinknash Road, Manchester, Greater Manchester M22 0FE3
£155K12/200.49 mi30, Coxton Road, Manchester, Greater Manchester M22 0FA3
£180K06/210.54 mi3, Hollins Walk, Manchester, Greater Manchester M22 0DB3
£165K11/210.54 mi18, Brundage Road, Manchester, Greater Manchester M22 0BZ3
£180K02/210.56 mi102, Ringway Road, Manchester, Greater Manchester M22 5WE3
£275K12/230.57 mi134, Robinswood Road, Manchester, Greater Manchester M22 0DD3
£175K11/200.57 mi12, Goodridge Avenue, Manchester, Greater Manchester M22 1QN3
£215K01/230.57 mi45, Robinswood Road, Manchester, Greater Manchester M22 0BU3
£204.5K10/230.59 mi62, Robinswood Road, Manchester, Greater Manchester M22 0BU3
£165K03/210.59 mi54, Robinswood Road, Manchester, Greater Manchester M22 0BU3
£225K01/230.6 mi4, Hansen Walk, Manchester, Greater Manchester M22 1AJ3
£235K08/230.61 mi37, Stoneacre Road, Manchester, Greater Manchester M22 1BN3
£265K11/200.62 mi8, Ullswater Road, Wythenshawe, Manchester, Greater Manchester M22 1TQ3
£308K10/220.63 mi4, Buttermere Avenue, Wythenshawe, Manchester, Greater Manchester M22 1TH3
£220K12/220.64 mi32, Wexford Walk, Manchester, Greater Manchester M22 5GN3
£155K03/210.64 mi32, Wexford Walk, Manchester, Greater Manchester M22 5GN3
£235K07/230.64 mi181, Portway, Manchester, Greater Manchester M22 1QP3
£212K08/230.65 mi9, Buttermere Avenue, Wythenshawe, Manchester, Greater Manchester M22 1TJ3
£285K04/210.66 mi16, Haslington Road, Manchester, Greater Manchester M22 5HS3
£285K07/210.68 mi21, Haslington Road, Manchester, Greater Manchester M22 5HS3

Local Rents

16 rents from £1.1K/mo to £2.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,65005/240.11 mi-3
£2,55012/240.11 mi-3
£2,50003/250.11 mi-3
£1,30005/240.14 miCornishway, Woodhouse Park Manchester3
£1,30009/240.19 mi-3
£1,50007/230.22 mi-3
£1,30003/250.23 mi-3
£1,15012/230.25 mi-3
£1,15003/230.26 mi-3
£1,15010/240.29 mi-3
£1,10005/240.32 miCornishway, Manchester3
£1,45006/240.37 miHilary Road, Manchester3
£1,10005/240.47 miHatchett Road, Manchester3
£1,30005/240.49 mi6 Tayfield Road Woodhouse Park Manchester3
£1,25012/240.5 mi-3
£1,29505/240.55 miBrundage Road, Manchester3

Local Area Statistics

Population in M22

42,201

Population in Manchester

920,095

Town centre distance

6.06 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+52%

Property History

Price changed to £200,000

March 20, 2025

Listed for £220,000

February 27, 2025

Floor Plans

Description

  • No vendor chain +
  • Three well proportioned bedroom terrace +
  • Good size rear garden +
  • Lots of scope +
  • Convenient location +

Bristling with potential and scope, this well proportioned THREE BEDROOM TERRACE HOME is offered for sale with NO VENDOR CHAIN.

Number 11 is set back from the road by way of a green to the front.

For those seeking to buy a home in this location, a viewing will give you a better taste of the generous size (including three well proportioned bedrooms), the good sized rear garden and the immense scope for you to create a home to your own style choices.

For airport staff and frequent flyers, this home is conveniently situated within walking distance to Manchester Airport (within one mile), For hospital staff, Wythenshaw hospital is approximately 3 miles away.

For commuters, the property is about 1 mile from Peel Hall Metro Link and Wythenshaw Park Metro is within 5 miles affording links to Manchester city centre, local shops, schools and nearby attractions further add to the property's convenience.

The property falls under council tax band A, which is another attractive feature for potential home buyers.

Council Tax band A
EPC Band: E
Tenure: Freehold

Agent Details

Warrens, Stockport

0161 524 5778

Next Steps?

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