2 Bed Terraced House, Single Let, Manchester, M15 4ZE, £445,000

Victoria Residence, Crown Street, 16, Silvercroft Street, Manchester, M15 4ZE - 1 views - 2 months ago

Leasehold

BTL

~68 m²

+15 photos

ValuationOvervalued

Sold Prices	£122K - £400K
Sold Prices/m²	£2K/m² - £4.3K/m²

Square Metres	~68.11 m²
Price/m²	£6.5K/m²
Value Estimate	£225,009£225,009

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£111,250£111,250
Stamp Duty & Legal Fees	£33,200£33,200
Total Cash In	£144,450£144,450

Cash Out
Rent Range	£1,700 - £3,600£1,700 - £3,600
Rent Estimate	£1,781
Running Costs/mo	£1,767£1,767
Cashflow/mo	£14£14
Cashflow/yr	£170£170
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

48 sold prices from £122K to £400K, average is £205K. £2K/m² to £4.3K/m², average is £3.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£195K	03/23	0.23 mi	14, Catfield Walk, Manchester, Greater Manchester M15 4HH	-	-	2	Terraced House
£195K	11/20	0.35 mi	62, Old York Street, Hulme, Manchester, Greater Manchester M15 5TH	£2,468	79	2	Semi-Detached House
£220K	11/22	0.37 mi	17, Mallow Street, Manchester, Greater Manchester M15 5GE	£3,056	72	2	Detached House
£240K	08/22	0.39 mi	74, Ribston Street, Manchester, Greater Manchester M15 5RJ	£3,684	65	2	Terraced House
£230K	10/23	0.47 mi	A 13.07, Block A Wilburn Basin, Ordsall Lane, Salford, Greater Manchester M5 4XQ	-	-	2	Terraced House
£172K	07/21	0.47 mi	5, Dunham Street, Manchester, Greater Manchester M15 5FX	£2,630	65	2	Semi-Detached House
£205K	04/23	0.48 mi	35, Warde Street, Hulme, Manchester, Greater Manchester M15 5TG	£3,727	55	2	Terraced House
£205K	05/23	0.49 mi	8, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW	£3,727	55	2	Terraced House
£170K	11/21	0.5 mi	23, Newcastle Street, Manchester, Greater Manchester M15 6AH	£2,833	60	2	Semi-Detached House
£185K	07/21	0.53 mi	43, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW	-	-	2	Semi-Detached House
£122K	09/22	0.56 mi	81, Pink Bank Lane, Manchester, Greater Manchester M12 5GR	-	-	2	Terraced House
£195K	11/21	0.57 mi	12, Marple Street, Manchester, Greater Manchester M15 4AH	£3,385	58	2	Terraced House
£195K	11/21	0.57 mi	12, Marple Street, Manchester, Greater Manchester M15 4AH	£3,385	58	2	Terraced House
£212.5K	11/21	0.59 mi	5, Wodens Avenue, Salford, Greater Manchester M5 4TF	£2,796	76	2	Terraced House
£160K	11/20	0.72 mi	33, Whimberry Close, Salford, Greater Manchester M5 3WL	£3,137	51	2	Semi-Detached House
£226.5K	10/23	0.72 mi	8, Whimberry Close, Salford, Greater Manchester M5 3WL	£4,274	53	2	Semi-Detached House
£215K	01/23	0.73 mi	41, Whimberry Close, Salford, Greater Manchester M5 3WL	£3,981	54	2	Semi-Detached House
£221.1K	10/21	0.77 mi	2, Sudbury Close, Manchester, Greater Manchester M16 9DG	£3,625	61	2	Detached House
£195K	08/23	0.77 mi	17, Blanchard Street, Manchester, Greater Manchester M15 5PX	£3,457	56	2	Semi-Detached House
£210.1K	02/24	0.77 mi	17, Windmill Avenue, Salford, Greater Manchester M5 3NF	£4,060	52	2	Semi-Detached House
£205K	05/23	0.77 mi	12, Windmill Avenue, Salford, Greater Manchester M5 3NF	£2,808	73	2	Semi-Detached House
£178K	01/21	0.77 mi	35, Windmill Avenue, Salford, Greater Manchester M5 3NF	£2,918	61	2	Semi-Detached House
£214K	10/23	0.77 mi	15, Windmill Avenue, Salford, Greater Manchester M5 3NF	£4,038	53	2	Semi-Detached House
£212K	03/23	0.78 mi	29, Windmill Avenue, Salford, Greater Manchester M5 3NF	£3,855	55	2	Semi-Detached House
£210K	02/23	0.78 mi	79, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9BQ	£3,333	63	2	Terraced House
£225K	05/24	0.8 mi	2, Farwood Close, Manchester, Greater Manchester M16 9DQ	£3,571	63	2	Semi-Detached House
£182K	12/20	0.81 mi	17, St Marys Street, Hulme, Manchester, Greater Manchester M15 5WB	£3,250	56	2	Terraced House
£185K	12/23	0.81 mi	19, St Mary's Street, Hulme, Manchester, Greater Manchester M15 5WB	£3,304	56	2	Terraced House
£165K	03/21	0.82 mi	14, Buckfield Avenue, Salford, Greater Manchester M5 3HJ	-	-	2	Terraced House
£242K	01/23	0.86 mi	22, Northumberland Road, Manchester, Greater Manchester M16 9DP	£3,559	68	2	Semi-Detached House
£258K	09/22	0.88 mi	23, Beever Street, Manchester, Greater Manchester M16 9JR	-	-	2	Terraced House
£165K	04/21	0.88 mi	56, Moss Lane West, Manchester, Greater Manchester M15 5PD	£2,089	79	2	Terraced House
£179K	03/21	0.91 mi	10, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9LH	-	-	2	Terraced House
£235.7K	11/22	0.93 mi	24, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU	£2,807	84	2	Terraced House
£185K	02/21	0.93 mi	26, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU	£2,098	88	2	Terraced House
£255K	07/22	0.93 mi	7, Tysoe Gardens, Salford, Greater Manchester M3 6BL	£3,923	65	2	Semi-Detached House
£400K	03/23	0.93 mi	17, Tysoe Gardens, Salford, Greater Manchester M3 6BL	-	-	2	Semi-Detached House
£220K	09/21	0.95 mi	17, Picton Close, Salford, Greater Manchester M3 6BE	£3,793	58	2	Terraced House
£215K	04/23	0.95 mi	39, Ryall Avenue, Salford, Greater Manchester M5 3HX	£2,792	77	2	Terraced House
£134K	12/20	0.96 mi	50, Bold Street, Moss Side, Manchester, Greater Manchester M16 7AB	-	-	2	Terraced House
£162K	02/23	0.96 mi	58, Bold Street, Moss Side, Manchester, Greater Manchester M16 7AB	-	-	2	Terraced House
£160K	05/23	0.96 mi	11, Brotherton Drive, Salford, Greater Manchester M3 6BH	£2,963	54	2	Semi-Detached House
£213K	08/23	0.98 mi	57, Pemberton Street, Manchester, Greater Manchester M16 9JY	£1,994	107	2	Terraced House
£225K	12/23	0.98 mi	47, Pemberton Street, Manchester, Greater Manchester M16 9JY	£2,961	76	2	Terraced House
£215K	12/22	0.99 mi	17, Warburton Street, Salford, Greater Manchester M5 3FX	£3,772	57	2	Terraced House
£218.5K	04/23	1 mi	79, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB	£2,875	76	2	Terraced House
£180K	04/21	1 mi	21, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB	-	-	2	Terraced House
£186.3K	03/21	1 mi	5, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB	£2,451	76	2	Terraced House

Local Rents

50 rents from £1.7K/mo to £3.6K/mo, average is £2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,800	05/24	0 mi	Chester Road, Manchester, M15	2	Flat
£2,500	05/24	0.01 mi	Victoria Residence, 16 Silvercroft Street, Manchester, M15	2	Terraced House
£2,100	05/24	0.01 mi	Victoria Residence, 16 Silvercroft Street, Manchester, M15	2	Flat
£2,500	12/24	0.01 mi	-	2	Flat
£1,800	05/24	0.01 mi	Victoria Residence, Manchester	2	Flat
£1,900	05/24	0.01 mi	Victoria Residence, 16 Silvercroft Street, Manchester, M15	2	Flat
£1,900	06/24	0.01 mi	-	2	Flat
£2,000	05/24	0.02 mi	The Blade, New Jackson	2	Flat
£1,900	05/24	0.02 mi	Silvercroft Street, Manchester, M15	2	Flat
£1,700	05/24	0.02 mi	Silvercroft Street, Manchester, M15	2	Flat
£1,700	05/24	0.02 mi	Silvercroft Street, Manchester, M15	2	Flat
£2,400	05/24	0.02 mi	The Blade, Silvercroft Street, Manchester	2	Flat
£2,125	05/24	0.02 mi	Three60 Silvercroft Street, Manchester, M15	2	Flat
£2,250	05/24	0.02 mi	The Blade Tower, 15 Silvercroft Street, Greater Manchester, M15	2	Flat
£1,800	05/24	0.02 mi	Victoria Residence, 16 Silvercroft Street, Manchester	2	Flat
£2,002	05/24	0.02 mi	Victoria Residence, 16 Silvercroft Street, MANCHESTER	2	House
£2,200	05/24	0.03 mi	The Blade, M15	2	Flat
£1,800	05/24	0.03 mi	The Blade, M15	2	Flat
£1,900	05/24	0.03 mi	Silvercroft Street, Manchester, Greater Manchester, M15	2	Flat
£1,900	05/24	0.03 mi	Silvercroft Street, Manchester, Greater Manchester, M15	2	Flat
£1,750	05/24	0.03 mi	Silvercroft Street, Manchester, Greater Manchester, M15	2	Flat
£2,195	05/24	0.03 mi	Three60, New Jackson, M15	2	Flat
£2,000	05/24	0.03 mi	Three60, New Jackson, M15	2	Flat
£1,960	06/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£1,800	06/24	0.03 mi	Three60, M15	2	Flat
£1,950	05/24	0.03 mi	Silvercroft Street, Manchester, Greater Manchester, M15	2	Flat
£2,000	05/24	0.03 mi	Silvercroft Street, Manchester, Greater Manchester, M15	2	Flat
£1,800	05/24	0.03 mi	Elizabeth Tower, Manchester	2	Flat
£2,250	05/24	0.03 mi	Three60, 11 Silvercroft Street, M15	2	Flat
£2,000	05/24	0.03 mi	Three60, New Jackson, M15	2	Flat
£2,100	06/24	0.03 mi	Three60, 11 Silvercroft Street, M15	2	Flat
£1,975	05/24	0.03 mi	-	2	Flat
£1,975	03/25	0.03 mi	-	2	Flat
£1,975	05/24	0.03 mi	Chester Road, Manchester, M15	2	Flat
£2,300	05/24	0.03 mi	Elizabeth Tower, 141 Chester Road, M15	2	Flat
£3,600	01/25	0.03 mi	-	2	Flat
£3,600	02/25	0.03 mi	-	2	Flat
£2,000	05/24	0.03 mi	Elizabeth Tower, Manchester	2	Flat
£2,125	05/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£2,400	05/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£2,250	05/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£2,135	05/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£2,000	05/24	0.03 mi	Three60, New Jackson, M15	2	Flat
£2,275	05/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£1,925	05/24	0.03 mi	Three60, M15	2	Flat
£1,750	05/24	0.03 mi	Three60, M15	2	Flat
£2,235	06/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£1,800	06/24	0.03 mi	Three60, M15	2	Flat
£2,215	06/24	0.03 mi	Three60, Manchester, Greater Manchester, M15	2	Flat
£1,950	06/24	0.03 mi	Three60, Silvercroft Street, Manchester, Greater Manchester, M15	2	Flat

Local Area Statistics

Population in M15	20,05020,050
Population in Manchester	920,095920,095
Town centre distance	1.19 miles away1.19 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.21 miles away0.21 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+14%+14%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+39%+39%

Property History

Listed for £445,000

February 28, 2025

Floor Plans

Description

SPECTACULAR 44TH FLOOR SWIMMING POOL & GYM! 14th Floor LUXURY 2-Bed Apartment in Victoria Residence at the PRESTIGE Crown Street development. 1026 Sq Ft.

Amenities: Swimming Pool, Gymnasium, Terrace Garden & Resident Workspace

EWS1 A1 Rated. Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants.
Currently 5.93% Rental Yield @ £2200 PCM
Projected 6.07% Rental Yield @ £2250 PCM
Currently Tenanted

Lease Info: 999 Years Lease Since 2019
Service Charge: Approximately £3500 Per Annum
Building Insurance: Approximately £506.8 Per Annum
Ground Rent: Approximately£493 Per Annum
Council Tax Band - E
EPC Rating - B

Crown Street Victoria Residence and Elizabeth Tower, offer elegant apartments, penthouses and townhouses in a highly sought-after location. The development benefits from luxury, residential facilities such as a residents’ lounge and private dining, 24/7 concierge, and co-working space. There is a 20m swimming pool situated at 44 storeys making it the highest residential pool in the UK, as well as a state-of-the-art gymnasium, a holistic studio and two roof garden terraces all at 44 storeys, all comprising exceptional views of the city.

Agent Details

NEXIS Property, Manchester

0161 839 1680

Next Steps?

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

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2 Bed Terraced House, Single Let, Manchester, M15 4ZE, £445,000

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

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Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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