3 Bed Semi-Detached House, Planning Permission, Manchester, M19 1DS, £365,000

Pearn Road, Manchester, M19 1DS - 3 views - a month ago

Sold STC
Planning
ROI: 1%
~93 m²
+30 photos

ValuationOvervalued

Sold Prices£180K - £350K
Sold Prices/m²£2K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£277,743

 

 

End Value (After Refurb)

£305,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£25,200

Refurb Costs

£39,200

Bridging Loan Interest

£9,581

Total Cash In

£166,981

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£305,000

Mortgage (After Refinance)

£228,750

Mortgage LTV

75%

Cash Left In

£166,981

Equity

£76,250

Rent Range

£1,200 - £1,850

Rent Estimate

£1,476

Running Costs/mo

£1,268

Cashflow/mo

£208

Cashflow/yr

£2,492

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £180K to £350K, average is £254.5K. £2K/m² to £4.8K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£330K08/230.01 mi1, Pearn Avenue, Manchester, Greater Manchester M19 1FQ3
£220K04/210.04 mi365, Burnage Lane, Manchester, Greater Manchester M19 1DG3
£254K11/230.05 mi7, Pearn Road, Manchester, Greater Manchester M19 1DS3
£306K09/230.05 mi24, Pearn Road, Manchester, Greater Manchester M19 1DS3
£250K08/230.06 mi15, Ashburn Avenue, Manchester, Greater Manchester M19 1DQ3
£263K10/200.06 mi9, Ashburn Avenue, Manchester, Greater Manchester M19 1DQ3
£255K03/230.06 mi18, Ashburn Avenue, Manchester, Greater Manchester M19 1DQ3
£237K05/210.07 mi1, Fair Oak Road, Manchester, Greater Manchester M19 1DT3
£220K04/210.07 mi15, Fair Oak Road, Manchester, Greater Manchester M19 1DT3
£290K02/230.13 mi93, Green End Road, Manchester, Greater Manchester M19 1LE3
£325K03/240.16 mi36, Shawbrook Road, Manchester, Greater Manchester M19 1DN3
£280K01/210.16 mi24, Shawbrook Road, Manchester, Greater Manchester M19 1DN3
£250K09/210.17 mi93, Green End Road, Manchester, Greater Manchester M19 1LE3
£200K02/240.18 mi1, Elmhurst Drive, Manchester, Greater Manchester M19 1GD3
£220K06/210.2 mi2, Winslow Place, Manchester, Greater Manchester M19 1HD3
£193K06/210.21 mi12, Woodside Avenue, Manchester, Greater Manchester M19 1DY3
£232K03/210.21 mi13, Woodside Avenue, Manchester, Greater Manchester M19 1DY3
£234K11/210.22 mi78, Broadlea Road, Manchester, Greater Manchester M19 1BG3
£325K08/230.22 mi54, Broadlea Road, Manchester, Greater Manchester M19 1BG3
£305K01/210.22 mi15, Hyde Fold Close, Manchester, Greater Manchester M19 1EB3
£250K08/230.22 mi24, Western Circle, Manchester, Greater Manchester M19 1HH3
£240K01/210.22 mi12, Western Circle, Manchester, Greater Manchester M19 1HH3
£265K05/230.22 mi16, Western Circle, Manchester, Greater Manchester M19 1HH3
£289K01/230.22 mi18, Western Circle, Manchester, Greater Manchester M19 1HH3
£265K12/230.23 mi20, Shawlea Avenue, Manchester, Greater Manchester M19 1BY3
£220K06/210.24 mi28, Green End Road, Manchester, Greater Manchester M19 1LL3
£295K05/230.25 mi309, Mauldeth Road, Manchester, Greater Manchester M19 1DZ3
£233.5K04/210.25 mi31, Overlea Drive, Manchester, Greater Manchester M19 1QY3
£199K10/200.25 mi1, Hatfield Avenue, Manchester, Greater Manchester M19 1LX3
£235K06/230.25 mi14, Rosevale Avenue, Manchester, Greater Manchester M19 1BR3
£262K09/210.26 mi196, Errwood Road, Manchester, Greater Manchester M19 1HU3
£260K07/210.26 mi168, Errwood Road, Manchester, Greater Manchester M19 1HU3
£292.5K02/230.26 mi96, Broadlea Road, Manchester, Greater Manchester M19 1BS3
£227K03/240.27 mi46, Broadlea Road, Manchester, Greater Manchester M19 1BZ3
£228K02/210.27 mi21, Moorcroft Drive, Manchester, Greater Manchester M19 1NL3
£325K12/230.27 mi47, Moorcroft Drive, Manchester, Greater Manchester M19 1NL3
£350K11/220.27 mi33, Broadhill Road, Manchester, Greater Manchester M19 1AQ3
£290K06/210.27 mi19, Broadhill Road, Manchester, Greater Manchester M19 1AQ3
£340K07/230.28 mi44, Westdale Gardens, Manchester, Greater Manchester M19 1JD3
£275K05/210.28 mi16, Westdale Gardens, Manchester, Greater Manchester M19 1JD3
£290K11/200.28 mi257, Burnage Lane, Manchester, Greater Manchester M19 1FN3
£215K05/210.28 mi18, Ferndale Gardens, Manchester, Greater Manchester M19 1AW3
£235K05/210.28 mi33, Ferndale Gardens, Manchester, Greater Manchester M19 1AW3
£226.5K11/200.29 mi3, Henley Place, Manchester, Greater Manchester M19 1QE3
£265K12/210.29 mi20, Avon Road, Manchester, Greater Manchester M19 1FW3
£230K09/210.3 mi38, Avon Road, Manchester, Greater Manchester M19 1HA3
£260K03/230.32 mi21, Overlea Drive, Manchester, Greater Manchester M19 1QR3
£205K10/210.32 mi33, Avon Road, Manchester, Greater Manchester M19 1HW3
£290K05/230.34 mi3, Oakland Avenue, Manchester, Greater Manchester M19 1LB3
£180K02/210.34 mi275, Kingsway, Manchester, Greater Manchester M19 1AN3

Local Rents

27 rents from £1.2K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30002/240.08 mi-3
£1,45004/250.2 mi-3
£1,65005/240.22 miCarrgreen Close, Manchester, M193
£1,45005/240.29 miBriarfield Road, Manchester3
£1,40009/240.36 miWhitehurst Road, Stockport, Cheshire, SK43
£1,30012/240.38 mi-3
£1,30012/240.38 mi-3
£1,72512/240.38 mi-3
£1,72512/240.38 mi-3
£1,85004/250.38 mi-3
£1,30003/250.38 mi-3
£1,50012/240.45 mi-3
£1,40004/250.45 mi-3
£1,55004/250.48 mi-3
£1,50005/240.51 miMoorton Avenue, Burnage3
£1,25012/240.52 mi-3
£1,20005/240.52 miHaldon Road, Withington, M203
£1,35008/240.53 miKingsleigh Road, Heaton Mersey, Stockport, Greater Manchester, SK43
£1,60012/240.53 mi-3
£1,40004/250.56 mi-3
£1,45006/240.57 miGrangethorpe Drive, Manchester, M19 2LG3
£1,27506/240.58 miWestcroft Road, Manchester, Greater Manchester, M203
£1,49504/250.58 mi-3
£1,35005/240.59 miRoseleigh Avenue3
£1,50008/240.6 mi-3
£1,60005/240.61 miAlexandra Drive, Burnage, Manchester3
£1,79405/240.62 miSt Georges Road, Fallowfield, M143

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.76 miles away

Nearest school

0.10 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £365,000

March 3, 2025

Floor Plans

Description

  • Beautifully Renovated Home +
  • Spacious Living Areas +
  • Expansive Garden with Potential +
  • Well-Appointed Bedrooms & Luxury Bathroom +
  • Excellent Transport Links +
  • Prime Location with Great Amenities +

This beautifully renovated three-bedroom semi-detached home is a true gem, offering modern living with an exceptional finish throughout. A significant amount has been invested in transforming this property into a stylish and comfortable space, making it an ideal home for families and professionals alike. The ground floor boasts a bright and inviting reception room, perfect for relaxing or entertaining guests. To the rear, the impressive open-plan kitchen and dining area has been finished to a high standard, featuring contemporary fittings and plenty of space for family meals. Double doors open out onto an incredibly large garden, offering a fantastic outdoor space for entertaining, gardening, or potential future extension (subject to planning permission). A convenient downstairs WC adds to the practicality of this well-designed home. Upstairs, the property offers two spacious double bedrooms and a well-proportioned single bedroom, all beautifully presented. The family bathroom is larger than average and has been finished to a superb standard, complete with high-quality fittings and a modern design. Externally, the property benefits from off-road parking with a private driveway. The location is well-connected, with Mauldeth Road and Heaton Chapel train stations just a short drive away, providing direct routes into Manchester city centre. Regular bus services along nearby Stockport Road ensure easy access to the city and surrounding areas. The home is also within close proximity to a variety of amenities, including supermarkets, independent shops, cafés, and restaurants. Well-regarded schools are nearby, making this an excellent choice for families. With its immaculate presentation, spacious layout, and an incredibly large garden offering outstanding potential, this home is a rare opportunity not to be missed.

Agent Details

Jacob Knight, Manchester

0161 524 8470

Next Steps?

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