2 Bed Flat, Single Let, Manchester, M4 7EF, £180,000

Isaac Way, Manchester, M4 7EF - 10 days ago

Leasehold
BTL
ROI: 6%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£80K - £487K
Sold Prices/m²£2.4K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£202,204
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£1,050 - £1,900

Rent Estimate

£1,100

Running Costs/mo

£803

Cashflow/mo

£298

Cashflow/yr

£3,570

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £80K to £487K, average is £174K. £2.4K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£220K01/240.08 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£270K05/230.29 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/210.3 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£257K10/210.48 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£250K11/230.78 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/210.78 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£207.5K12/200.79 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/230.79 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£487K03/230.8 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£170K03/210.8 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£220K12/220.84 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£180K10/200.84 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£160K03/231.07 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£173K07/211.21 mi31, Conmere Square, Manchester, Greater Manchester M15 6DE2
£175K12/221.24 mi7, Valerie Walk, Manchester, Greater Manchester M15 6DB2
£165K12/231.27 mi57, Newcastle Street, Manchester, Greater Manchester M15 6HF2
£110K04/211.29 mi21, Clarendon Street, Manchester, Greater Manchester M15 5ED2
£196K05/211.33 mi18, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£180K10/201.33 mi4, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£204K08/211.33 mi68, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£142.5K02/211.33 mi2, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£190K11/231.33 mi42, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£80K09/231.34 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£155K10/211.39 mi16, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£171K09/211.39 mi34, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£285K06/211.4 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£141.7K06/211.4 mi57, Rockdove Avenue, Manchester, Greater Manchester M15 5EH2
£199.9K10/201.42 miApartment 222, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DU2
£234K06/211.43 miApartment 381, Block 7 Spectrum, Blackfriars Road, Salford, Greater Manchester M3 7BY2
£277K07/211.43 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£294K12/201.43 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£220K06/211.44 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£160K07/211.45 mi54, Hunmanby Avenue, Manchester, Greater Manchester M15 5FE2
£150K09/231.46 miApartment 219, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DY2
£152K04/211.47 mi160, Stretford Road, Manchester, Greater Manchester M15 5JH2
£170.5K10/231.47 mi154, Stretford Road, Manchester, Greater Manchester M15 5JH2
£165K01/211.47 mi56, Stretford Road, Manchester, Greater Manchester M15 5JH2
£85K12/231.48 mi67, Gorton Lane, Manchester, Greater Manchester M12 5WF2
£150K05/231.54 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£140K11/201.54 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£161K02/241.55 mi104, Royce Road, Hulme, Manchester, Greater Manchester M15 5LA2
£170K09/211.56 miFlat 12, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£330K12/221.56 miFlat 36, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£180K07/211.56 miFlat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£158K10/201.56 miFlat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£130K02/211.57 mi11, Georgette Drive, Salford, Greater Manchester M3 7AF2
£150K08/211.57 mi1, Georgette Drive, Salford, Greater Manchester M3 7AF2
£139K09/211.57 miFlat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL2
£178K09/211.57 mi36, Bridgewater Street, Salford, Greater Manchester M3 7AS2
£165K02/211.6 mi24, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW2

Local Rents

51 rents from £1.1K/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15006/240 mi-2
£1,20012/240 mi-2
£1,30002/240.02 mi-2
£1,30005/240.02 mi2 Isaac Way, Manchester, M42
£1,25006/240.02 miAdvent, 1 Advent Way, Manchester, M42
£1,25006/240.02 miAdvent, 1 Advent Way, Manchester, M42
£1,30005/240.02 miAdvent House, Issac Way, M4 7EP2
£1,20012/240.02 miAdvent House, Manchester, M42
£1,20012/240.02 mi-2
£1,25002/250.02 mi-2
£1,19505/240.02 miAdvent House, Isaac Way, Manchester, M42
£1,15005/240.02 miAdvent House, Isaac Way, Manchester, M42
£1,30012/240.03 mi-2
£1,20012/240.04 mi1 Isaac Way, Manchester, M42
£1,19506/240.04 mi-2
£1,09505/240.04 miAdvent 2/3, Manchester City Centre, Manchester, M42
£1,20006/240.04 miAdvent House 2, Isaac Way, New Islington, Manchester, M42
£1,10003/250.04 mi-2
£1,20005/240.04 mi-2
£1,20005/240.04 mi-2
£1,25005/240.04 miIsaac Way, Manchester, M42
£1,26003/240.04 miIsaac Way, Manchester, Greater Manchester, M42
£1,15003/240.04 miIsaac Way, Manchester, M42
£1,10006/240.04 miLoom Building, 1 Harrison Street, Manchester, Greater Manchester, M42
£1,65001/250.04 mi-2
£1,50005/240.04 miLoom Building, New Islington2
£1,22501/250.04 mi-2
£1,22501/250.04 mi-2
£1,10006/240.04 miIsaac Way, Manchester, Greater Manchester, M42
£1,35005/240.04 miLoom Building, 1 Harrison Street, M42
£1,50002/240.06 mi-2
£1,20005/240.06 miLoom Building, 1 Harrison Street, Manchester, M42
£1,45005/240.06 miMalta Street, Manchester2
£1,45006/240.06 miMalta Street, Manchester2
£1,90005/240.06 mi-2
£1,20006/240.06 mi-2
£1,39505/240.06 mi-2
£1,39505/240.06 mi-2
£1,25008/240.06 mi-2
£1,69512/240.06 mi-2
£1,29502/250.06 mi-2
£1,29501/250.06 mi-2
£1,30002/250.06 mi-2
£1,30006/240.07 miAdvent Way, Manchester, Greater Manchester, M42
£1,50005/240.07 miAdvent Way, Manchester, M42
£1,75006/240.07 miAdvent Way, Manchester2
£1,20006/240.07 miAlbion Works, Pollard Street, Manchester, M42
£1,45005/240.07 miAlbion Works Block D, 12 Pollard Street, Manchester2
£1,20005/240.07 miAlbion Works, Block D, 12 Pollard Street, New Islington, Manchester, M4 7AQ2
£1,35005/240.08 miAdvent Way, Manchester, M42
£1,05005/240.08 miHemisphere, Every Street, M42

Local Area Statistics

Population in M4

10,600

Population in Manchester

920,095

Town centre distance

2.15 miles away

Nearest school

0.10 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £180,000

March 5, 2025

Floor Plans

Description

  • Modern 5th floor apartment +
  • Within the popular Advent development +
  • 2 double bedrooms +
  • Open-plan living area with kitchen +
  • Ensuite Wet Room & Bathroom +
  • EWS1 form available (B1 rating) +
  • Within easy reach of Piccadilly station +
  • No onward chain +
  • Leasehold +
  • EPC Rating C +

A superb 2 double bedroom apartment on the 5th floor with great views from the Juliet-style balcony. Featuring a spacious open-plan living area with kitchen, bathroom and ensuite wet room. Popular location within easy reach of Piccadilly station and the wider city centre. EWS1 form available (B1 rating). No onward chain. EPC Rating C.

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.

MCC250139/2

Agent Details

Reeds Rains, Manchester

0161 524 8756

Next Steps?

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