3 Bed Terraced House, Refurb/BRRR, Manchester, M38 9QB, £165,000

Trafford Drive, Little Hulton, Manchester, Greater Manchester, M38 9QB - 3 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 4%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£100.5K - £240K
Sold Prices/m²£1.1K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£169,950
BMV3%

 

 

End Value (After Refurb)

£170,408

Uplift in Value

+3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Refurb Costs

£39,200

Bridging Loan Interest

£4,331

Total Cash In

£95,981

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£170,408

Mortgage (After Refinance)

£127,806

Mortgage LTV

75%

Cash Released

£4,056

Cash Left In

£91,925

Equity

£42,602

Rent Range

£850 - £2,499

Rent Estimate

£1,125

Running Costs/mo

£778

Cashflow/mo

£347

Cashflow/yr

£4,170

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £100.5K to £240K, average is £170K. £1.1K/m² to £2.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£175K01/230.08 mi30, Windsor Avenue, Little Hulton, Manchester, Greater Manchester M38 9GB3
£120K12/200.08 mi3, Trafford Drive, Little Hulton, Manchester, Greater Manchester M38 9QA3
£194K09/220.08 mi25, Trafford Drive, Little Hulton, Manchester, Greater Manchester M38 9QA3
£188K03/210.09 mi13, Windmill Road, Worsley, Manchester, Greater Manchester M28 3RP3
£180K11/230.11 mi8, Trafford Drive, Little Hulton, Manchester, Greater Manchester M38 9GD3
£132K12/210.17 mi24, Grosvenor Road, Worsley, Manchester, Greater Manchester M28 3RN3
£170K02/210.17 mi10, Grosvenor Road, Worsley, Manchester, Greater Manchester M28 3RN3
£172K01/210.19 mi13, Westmeade Road, Worsley, Manchester, Greater Manchester M28 3GG3
£192K07/240.19 mi24, Westmeade Road, Worsley, Manchester, Greater Manchester M28 3GG3
£193K09/210.19 mi8, Hope Avenue, Little Hulton, Manchester, Greater Manchester M38 9NE3
£147.5K06/210.21 mi17, Irwell Avenue, Little Hulton, Manchester, Greater Manchester M38 9GG3
£128K02/210.21 mi11, Adelphi Drive, Little Hulton, Manchester, Greater Manchester M38 9QT3
£229.4K02/230.22 mi42, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY3
£135K06/210.22 mi10, Langworthy Avenue, Little Hulton, Manchester, Greater Manchester M38 9GQ3
£150K12/230.24 mi130, Eastham Way, Little Hulton, Manchester, Greater Manchester M38 9QE3
£185K09/220.25 mi18, Seedley Avenue, Little Hulton, Manchester, Greater Manchester M38 9LZ3
£170K12/230.25 mi22, Seedley Avenue, Little Hulton, Manchester, Greater Manchester M38 9LZ3
£180K08/220.25 mi38, Crescent Drive, Little Hulton, Manchester, Greater Manchester M38 9QH3
£135K01/210.26 mi11, Burns Road, Little Hulton, Manchester, Greater Manchester M38 9QW3
£150K06/210.26 mi70, St Marys Road, Worsley, Manchester, Greater Manchester M28 3RF3
£162K06/210.26 mi34, Ellesmere Street, Little Hulton, Manchester, Greater Manchester M38 9NH3
£173.5K11/200.26 mi48, Algernon Road, Worsley, Manchester, Greater Manchester M28 3RE3
£160K05/210.26 mi1, Algernon Road, Worsley, Manchester, Greater Manchester M28 3RD3
£150K03/210.27 mi1, Buile Hill Grove, Little Hulton, Manchester, Greater Manchester M38 9GT3
£182.5K08/230.27 mi58, Algernon Road, Worsley, Manchester, Greater Manchester M28 3RE3
£117K01/210.28 mi145, Eastham Way, Little Hulton, Manchester, Greater Manchester M38 9QF3
£165K07/220.28 mi143, Eastham Way, Little Hulton, Manchester, Greater Manchester M38 9QF3
£215K12/220.29 mi24, Mountain Street, Worsley, Manchester, Greater Manchester M28 3RB3
£240K12/220.31 mi5, Jackson Street, Worsley, Manchester, Greater Manchester M28 3RH3
£235K11/200.31 mi39, Ashton Field Drive, Worsley, Manchester, Greater Manchester M28 3RT3
£185K01/210.32 mi4, Broughton Avenue, Little Hulton, Manchester, Greater Manchester M38 9GW3
£183K07/210.33 mi13, Hirst Avenue, Worsley, Manchester, Greater Manchester M28 3QH3
£175K09/230.33 mi24, Plantation Avenue, Worsley, Manchester, Greater Manchester M28 3GY3
£145K08/220.34 mi7, Greenfield Road, Little Hulton, Manchester, Greater Manchester M38 9PF3
£143K02/230.35 mi35, Coniston Avenue, Little Hulton, Manchester, Greater Manchester M38 9NY3
£100.5K12/200.35 mi21, Falcon Drive, Little Hulton, Manchester, Greater Manchester M38 9SN3
£115K04/210.35 mi25, Coniston Avenue, Little Hulton, Manchester, Greater Manchester M38 9NY3
£130K04/210.35 mi47, Coniston Avenue, Little Hulton, Manchester, Greater Manchester M38 9NY3
£160K11/220.36 mi279, Cleggs Lane, Little Hulton, Manchester, Greater Manchester M38 9NJ3
£195K12/220.36 mi3, Wingate Road, Little Hulton, Manchester, Greater Manchester M38 9PP3
£175K11/210.36 mi19, St John Street, Worsley, Manchester, Greater Manchester M28 3RX3
£161K06/220.37 mi36, West Way, Little Hulton, Manchester, Greater Manchester M38 9GL3
£185K08/220.37 mi12, Wingate Road, Little Hulton, Manchester, Greater Manchester M38 9PP3
£135K12/200.37 mi19, Wingate Road, Little Hulton, Manchester, Greater Manchester M38 9PP3
£172K07/210.38 mi48, Brackley Street, Worsley, Manchester, Greater Manchester M28 3GX3
£192K06/240.38 mi52, Brackley Street, Worsley, Manchester, Greater Manchester M28 3GX3
£192K05/240.38 mi48, Brackley Street, Worsley, Manchester, Greater Manchester M28 3GX3
£145K03/230.4 mi19, Graymar Road, Little Hulton, Manchester, Greater Manchester M38 9PB3
£141.1K04/210.4 mi15, Ellesmere Street, Little Hulton, Manchester, Greater Manchester M38 9WJ3
£168K06/230.4 mi31, Dearden Avenue, Little Hulton, Manchester, Greater Manchester M38 9GH3

Local Rents

51 rents from £850/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05004/250.02 mi-3
£1,05005/240.09 mi2 Charlton Fold3
£1,10001/240.14 mi-3
£1,05003/250.18 mi-3
£1,10008/240.19 mi-3
£99507/240.23 mi-3
£1,40003/250.24 mi-3
£1,20005/240.25 miSeedley Avenue, Little Hulton, M383
£2,49905/240.26 mi-3
£1,00005/240.29 mi-3
£99507/240.29 miBurns Road, Little Hulton, Manchester, Greater Manchester, M383
£1,20001/250.29 mi-3
£90005/240.29 mi-3
£97501/240.29 mi-3
£99504/250.29 mi-3
£1,05005/240.29 miMountain Street, Worsley, Manchester, M283
£1,10007/240.3 mi-3
£1,00006/240.3 miMountain Street, Worsley, Manchester, M283
£1,10011/240.31 mi-3
£1,05002/240.32 mi-3
£1,25005/240.33 miHirst Avenue, M283
£1,25005/240.35 miHirst Avenue, Worsley, Manchester, Greater Manchester, M283
£1,35008/240.35 mi-3
£1,35007/240.35 miGrayson Road, Little Hulton, Manchester, M383
£1,35007/240.35 miGrayson Road, Little Hulton, Manchester, M383
£1,27504/250.35 mi-3
£99505/240.35 miBolton Road, Walkden, Greater Manchester3
£1,30008/240.36 mi-3
£1,20008/240.36 mi-3
£1,20003/250.36 mi-3
£1,17504/250.36 mi-3
£1,50003/250.37 mi-3
£1,50003/250.37 mi-3
£95002/250.4 mi-3
£1,00004/250.4 mi-3
£87505/240.42 miBeechfield Avenue, Little Hulton, Manchester, M383
£95005/240.42 miNewholme Gardens, Worsley, Manchester3
£1,10008/240.43 miThirmere Drive, Manchester, M383
£1,10009/240.43 mi-3
£85005/240.44 miConiston Avenue, Little Hulton, M383
£1,10006/240.45 miLaurel Drive, M383
£1,20012/240.45 mi-3
£1,00005/240.46 miConiston Avenue, Little Hulton, Manchester, M383
£1,00007/240.46 mi-3
£1,10005/240.48 mi-3
£97505/240.49 mi-3
£97506/240.49 mi-3
£99508/230.5 mi-3
£1,10007/240.5 mi-3
£95005/240.5 miWestland Avenue, Farnworth3
£1,40005/240.52 miJenny Street M283

Local Area Statistics

Population in M38

13,544

Population in Manchester

920,095

Town centre distance

8.44 miles away

Nearest school

0.30 miles away

Nearest train station

1.07 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+86%

Property History

Listed for £165,000

March 3, 2025

Floor Plans

Description

  • No Chain +
  • Three Bedrooms +
  • Off Road Parking +
  • Popular Family Location +
  • In Need Of Modernisation +
  • Rear Garden +
  • Gas Central Heating +
  • Freehold +
  • Council Tax Band A +
  • EPC Rating B +

*No Chain* This spacious, three bedroom terraced property offers excellent size rooms throughout and is perfectly positioned for young families. The property has been well maintained throughout and has a modern gas central heating system, it is ready for a new owner to make the property their own!

Perfectly positioned for families with excellent access to the shops, supermarkets and restaurants at Walkden Town Centre, Walkden train station and a variety of schools. The main commuter routes to the city centre and motorway network are a short distance away and there are regular bus services available walking distance from the property.

The property features an entrance porch, spacious lounge, kitchen diner with fitted units and a rear porch to the garden. To the first floor are three well proportioned bedrooms, all benefitting from fitted wardrobes, and a family shower room.

Externally, there is gated driveway providing off road parking for multiple vehicles. At the rear is a low maintenance family garden with patio seating area, lawn and storage shed.

The property further benefits from gas central heating and double glazed windows throughout, book your viewing today to avoid disappointment!

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

WAK250072/2

Agent Details

Your Move, Walkden

0161 524 9464

Next Steps?

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