ValuationFair Value

Sold Prices	£100K - £980K
Sold Prices/m²	£741/m² - £4.3K/m²

Square Metres	~178.28 m²
Price/m²	£2.4K/m²
Value Estimate	£436,968£436,968

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£107,500£107,500
Stamp Duty & Legal Fees	£34,200£34,200
Total Cash In	£141,700£141,700

Cash Out
Room Rate	£607£607
Gross Rent	£3,035
Running Costs/mo	£2,591£2,591
Cashflow/mo	£444£444
Cashflow/yr	£5,330£5,330
ROI	4%4%
Gross Yield	8%8%

Local Sold Prices

21 sold prices from £100K to £980K, average is £373.3K. £741/m² to £4.3K/m², average is £2.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£250K	01/25	0.06 mi	10, Whitby Avenue, Fallowfield, Manchester, Greater Manchester M14 6QJ	£2,451	102	5	Terraced House
£321K	05/25	0.15 mi	10, Cedar Grove, Manchester M14 6YF	£2,841	113	5	Terraced House
£321K	05/25	0.15 mi	10, Cedar Grove, Manchester M14 6YF	-	-	5	Terraced House
£360K	08/24	0.29 mi	180, Ladybarn Lane, Manchester M14 6RW	£3,000	120	5	Detached House
£360K	08/24	0.29 mi	180, Ladybarn Lane, Manchester M14 6RW	-	-	5	Detached House
£475K	09/24	0.33 mi	13, Derby Road, Manchester, Greater Manchester M14 6UX	£2,436	195	5	Semi-Detached House
£550K	09/21	0.35 mi	17, Amherst Road, Manchester, Greater Manchester M14 6UG	-	-	5	Semi-Detached House
£625K	10/22	0.39 mi	2, Amherst Road, Manchester, Greater Manchester M14 6UQ	-	-	5	Semi-Detached House
£350K	12/22	0.54 mi	27, Chervil Close, Manchester, Greater Manchester M14 7DP	£4,321	81	5	Terraced House
£333K	11/23	0.68 mi	18, Beech Range, Manchester, Greater Manchester M19 2EU	£2,121	157	5	Semi-Detached House
£380K	02/23	0.68 mi	16, Beech Range, Manchester, Greater Manchester M19 2EU	-	-	5	Terraced House
£100K	07/21	0.68 mi	13, Beech Range, Manchester, Greater Manchester M19 2EU	£741	135	5	Semi-Detached House
£373.3K	02/23	0.7 mi	81, Wilbraham Road, Manchester M14 7DN	£2,363	158	5	Detached House
£490K	05/23	0.71 mi	40, Ranford Road, Manchester, Greater Manchester M19 2GL	£3,006	163	5	Semi-Detached House
£480K	03/25	0.73 mi	50, Albert Road, Manchester M19 2AB	£2,233	215	5	Semi-Detached House
£420K	01/23	0.75 mi	46, Whitebrook Road, Manchester M14 6EF	£3,443	122	5	Detached House
£420K	01/23	0.76 mi	46, Whitebrook Road, Manchester, Greater Manchester M14 6EF	£3,040	138	5	Detached House
£330K	06/21	0.79 mi	91, Rippingham Road, Manchester, Greater Manchester M20 3FT	£2,946	112	5	Terraced House
£980K	08/25	0.8 mi	8, Parsonage Road, Manchester M20 4PQ	-	-	5	Semi-Detached House
£294.4K	06/21	0.89 mi	170, Hamilton Road, Manchester, Greater Manchester M13 0PG	-	-	5	Terraced House
£468K	12/22	0.96 mi	13, Birchington Road, Manchester, Greater Manchester M14 6BY	-	-	5	Semi-Detached House

Local Area Statistics

Population in M14	52,85352,853
Population in Manchester	920,095920,095
Town centre distance	1.87 miles away1.87 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.48 miles away0.48 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+179%+179%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+43%+43%

Property History

Listed for £430,000

March 5, 2025

Floor Plans

Description

Let for 2025/2026 +
£3033pcm, yield of 8.5% +
Popular student location +
Licensed HMO with letting history +
Loft bedroom +
Scope to increase number of bedrooms +

* Brochure awaiting vendor approval * Nicholas Humphreys are delighted to bring this five bedroom student house to the market. A lovely three story 5 bed house in the heart of Fallowfield located behind Sainsburys. The house has wooden floors throughout and includes a second W/C downstairs. The current owner has been letting the property to students for well in excess of 15 years, and has a history of tenancy agreements to confirm this. The HMO license was renewed back in 2023 and was granted for 5 years. We believe that there may be scope to increase the number of bedrooms subject to the necessary permissions. REFERRAL ARRANGEMENT NOTE
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Hargeaves Gilman, Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the broker named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.
EPC rating: E. Tenure: Freehold, Mobile signal information: 4G and 5G available.