2 Bed Flat, Single Let, Manchester, M4 7AJ, £159,500

Pollard Street, Manchester, M4 7AJ - 1 views - 10 days ago

Leasehold
BTL
ROI: 10%
~68 m²
+1 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£191,400
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,875

Stamp Duty & Legal Fees

£9,175

Total Cash In

£49,050

 

 

Cash Out

 

Rent Range

£1,100 - £1,900

Rent Estimate

£1,167

Running Costs/mo

£752

Cashflow/mo

£415

Cashflow/yr

£4,982

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £80K to £487K, average is £172K. £2.4K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£220K01/240.16 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£270K05/230.32 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/210.33 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£257K10/210.45 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£487K03/230.74 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£250K11/230.82 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/210.82 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£207.5K12/200.84 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/230.84 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£170K03/210.88 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£220K12/220.88 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£180K10/200.89 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£160K03/231.17 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£80K09/231.24 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£173K07/211.27 mi31, Conmere Square, Manchester, Greater Manchester M15 6DE2
£175K12/221.3 mi7, Valerie Walk, Manchester, Greater Manchester M15 6DB2
£165K12/231.33 mi57, Newcastle Street, Manchester, Greater Manchester M15 6HF2
£110K04/211.35 mi21, Clarendon Street, Manchester, Greater Manchester M15 5ED2
£199.9K10/201.41 miApartment 222, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DU2
£234K06/211.41 miApartment 381, Block 7 Spectrum, Blackfriars Road, Salford, Greater Manchester M3 7BY2
£196K05/211.41 mi18, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£180K10/201.41 mi4, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£204K08/211.41 mi68, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£142.5K02/211.41 mi2, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£190K11/231.41 mi42, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£285K06/211.42 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£150K09/231.44 miApartment 219, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DY2
£155K10/211.44 mi16, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£171K09/211.44 mi34, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£277K07/211.45 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£294K12/201.45 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£141.7K06/211.46 mi57, Rockdove Avenue, Manchester, Greater Manchester M15 5EH2
£220K06/211.46 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£160K07/211.51 mi54, Hunmanby Avenue, Manchester, Greater Manchester M15 5FE2
£150K05/231.51 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£140K11/201.51 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£85K12/231.53 mi67, Gorton Lane, Manchester, Greater Manchester M12 5WF2
£152K04/211.53 mi160, Stretford Road, Manchester, Greater Manchester M15 5JH2
£170.5K10/231.53 mi154, Stretford Road, Manchester, Greater Manchester M15 5JH2
£165K01/211.53 mi56, Stretford Road, Manchester, Greater Manchester M15 5JH2
£130K02/211.53 mi11, Georgette Drive, Salford, Greater Manchester M3 7AF2
£150K08/211.53 mi1, Georgette Drive, Salford, Greater Manchester M3 7AF2
£178K09/211.54 mi36, Bridgewater Street, Salford, Greater Manchester M3 7AS2
£170K09/211.55 miFlat 12, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£330K12/221.55 miFlat 36, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£125.5K07/231.56 miFlat 82, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8NT2
£125.5K02/231.59 miFlat 100, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8NT2
£145K06/211.6 mi10, Bevill Square, Salford, Greater Manchester M3 6BB2
£167K03/211.6 miFlat 214, Canon Green Court, West King Street, Salford, Greater Manchester M3 7HA2
£105K06/211.6 miFlat 41, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8ND2

Local Rents

52 rents from £1.1K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.03 miPollard Street, Manchester2
£1,90001/240.03 mi-2
£1,55005/240.03 mi-2
£1,55005/240.03 mi-2
£1,55005/240.03 miMunday Street, Manchester, M42
£1,45005/240.04 miMalta Street, Manchester2
£1,45006/240.04 miMalta Street, Manchester2
£1,40005/240.05 miThe Hatbox, New Islington, M42
£1,20005/240.05 miLoom Building, 1 Harrison Street, Manchester, M42
£1,50002/240.05 mi-2
£1,20005/240.05 miMilliners Wharf, 2 Munday Street, New Islington, Manchester, M42
£1,45007/240.06 mi-2
£1,45007/240.06 mi-2
£1,50012/240.06 mi-2
£1,35005/240.06 miLoom Building, 1 Harrison Street, M42
£1,45012/240.06 mi-2
£1,60012/240.06 mi-2
£1,40003/250.06 mi-2
£1,49112/240.06 mi-2
£1,30006/240.06 mi2 Munday Street, Manchester, M42
£1,35006/240.06 miMunday Street, Ancoats, Manchester, M42
£1,22501/250.06 mi-2
£1,22501/250.06 mi-2
£1,35005/240.07 mi-2
£1,35005/240.07 miMunday Street, Manchester, M42
£1,40003/250.07 mi-2
£1,35005/240.07 miMilliners Wharf, New Islington2
£1,30012/240.07 mi-2
£1,40005/240.07 miMunday Street, New Islington, M42
£1,50005/240.07 miLoom Building, New Islington2
£1,65001/250.07 mi-2
£1,90005/240.07 mi-2
£1,20006/240.07 mi-2
£1,39505/240.07 mi-2
£1,39505/240.07 mi-2
£1,25008/240.07 mi-2
£1,69512/240.07 mi-2
£1,29502/250.07 mi-2
£1,29501/250.07 mi-2
£1,30002/250.07 mi-2
£1,10006/240.08 miLoom Building, 1 Harrison Street, Manchester, Greater Manchester, M42
£1,50006/240.08 mi-2
£1,50005/240.08 miMunday Street, Manchester, M42
£1,50003/250.08 mi-2
£1,25005/240.08 miMilliners Wharf, 2 Munday Street, Manchester, M42
£1,45006/240.08 miMilliners Wharf, 2 Munday Street, Manchester, M42
£1,30005/240.09 mi2 Isaac Way, Manchester, M42
£1,25006/240.09 miAdvent, 1 Advent Way, Manchester, M42
£1,25006/240.09 miAdvent, 1 Advent Way, Manchester, M42
£1,30002/240.09 mi-2
£1,19505/240.09 miAdvent House, Isaac Way, Manchester, M42
£1,15005/240.09 miAdvent House, Isaac Way, Manchester, M42

Local Area Statistics

Population in M4

10,600

Population in Manchester

920,095

Town centre distance

2.23 miles away

Nearest school

0.10 miles away

Nearest train station

0.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £159,500

March 5, 2025

Description

  • Investors only +
  • 2-Bedroom, 2-Bathroom apartment +
  • Excellent location +
  • High specification throughout +
  • Great local amenities +
  • High rental demand +

*Investors only*

CityRise is pleased to present this impressive 2-bedroom apartment located in the desirable Manchester area. With its prime location, modern design, and excellent potential for rental income, this property offers an unrivaled investment opportunity.

The apartment boasts a generous, well-designed floor plan, offering plenty of space for comfortable living. Featuring two bedrooms, one witn en-suite, a fully-equipped kitchen, a modern bathroom and an inviting living area, this apartment is perfect for young professionals or couples.

With its vibrant economy, thriving cultural scene, and growing population, Manchester is a city that continues to attract both domestic and international interest. The city's strong rental demand ensures a steady stream of tenants, making it an ideal location for buy-to-let investments.

Please do not hesitate to contact us for more information.

Lease Details:
Lease Length 229 Years
Ground Rent £319
Service Charge £3.25 per Sqft

About CityRise

CityRise has continued with the same ethos it was founded upon; tailor-making the best property investment solutions across the UK to suit our client’s investment goals. As a company, we adopt an authentic and personal approach whilst guiding you to the right investment. Regardless of whether you are adding to an existing portfolio, or are a first-time investor, our team of experts will be with you from start to finish. You will receive independent, professional advice whilst we search the market for the property that best suits your strategy and goals.

Agent Details

CityRise, Leeds

0113 519 8838

Next Steps?

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