3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M29 8PY, £190,000

Lynton Road, Tyldesley, Manchester M29 8PY - 5 views - 2 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+3 photos

ValuationFair Value

Sold Prices£110K - £336K
Sold Prices/m²£1.9K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£190,000

 

 

End Value (After Refurb)

£235,685

Uplift in Value

+24%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£39,200

Bridging Loan Interest

£4,988

Total Cash In

£104,138

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£235,685

Mortgage (After Refinance)

£176,764

Mortgage LTV

75%

Cash Released

£34,264

Cash Left In

£69,874

Equity

£58,921

Rent Range

£795 - £1,500

Rent Estimate

£1,194

Running Costs/mo

£995

Cashflow/mo

£199

Cashflow/yr

£2,384

ROI

2%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £336K, average is £238K. £1.9K/m² to £4.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£192K11/210.03 mi74, Lynton Road, Tyldesley, Manchester, Greater Manchester M29 8PX3
£175K02/230.03 mi38, Lynton Road, Tyldesley, Manchester, Greater Manchester M29 8PX3
£245K12/220.05 mi35, Chester Road, Tyldesley, Manchester, Greater Manchester M29 8PT3
£263.9K03/230.05 mi73, Chester Road, Tyldesley, Manchester, Greater Manchester M29 8PT3
£236K02/230.05 mi61, Chester Road, Tyldesley, Manchester, Greater Manchester M29 8PT3
£185K11/220.07 mi169, Sale Lane, Tyldesley, Manchester, Greater Manchester M29 8PA3
£270K09/210.08 mi177, Sale Lane, Tyldesley, Manchester, Greater Manchester M29 8PG3
£185K03/230.08 mi13, Pear Tree Grove, Tyldesley, Manchester, Greater Manchester M29 8PD3
£135K12/200.1 mi3, Mort Lane, Tyldesley, Manchester, Greater Manchester M29 8PB3
£230K05/210.1 mi24, Clondberry Close, Tyldesley, Manchester, Greater Manchester M29 8RE3
£200K11/220.1 mi7, Laburnum Grove, Tyldesley, Manchester, Greater Manchester M29 8PL3
£165K08/210.11 mi208, Sale Lane, Tyldesley, Manchester, Greater Manchester M29 8PS3
£188K08/210.11 mi198, Sale Lane, Tyldesley, Manchester, Greater Manchester M29 8PS3
£240K04/210.11 mi2, Laburnum Grove, Tyldesley, Manchester, Greater Manchester M29 8PL3
£185K09/210.11 mi60, Heathfield Drive, Tyldesley, Manchester, Greater Manchester M29 8PJ3
£175K12/220.13 mi83, Chester Road, Tyldesley, Manchester, Greater Manchester M29 8PT3
£217K01/230.14 mi106, Sale Lane, Tyldesley, Manchester, Greater Manchester M29 8PZ3
£240K08/230.18 mi12, Friars Close, Tyldesley, Manchester, Greater Manchester M29 8QB3
£188K05/230.18 mi1, Friars Close, Tyldesley, Manchester, Greater Manchester M29 8QB3
£230K06/230.19 mi40, Heathfield Drive, Tyldesley, Manchester, Greater Manchester M29 8PW3
£210K12/200.19 mi44, Sherriffs Drive, Tyldesley, Manchester, Greater Manchester M29 8PP3
£336K11/220.2 mi21, Bank House Close, Tyldesley, Manchester, Greater Manchester M29 8RB3
£328K01/230.2 mi5, Wellington Drive, Tyldesley, Manchester, Greater Manchester M29 8RA3
£285K02/230.28 mi3, Parkfield Drive, Tyldesley, Manchester, Greater Manchester M29 8NR3
£255K02/230.3 mi9, Bourton Court, Tyldesley, Manchester, Greater Manchester M29 8QR3
£110K07/230.31 mi9, Hough Lane, Tyldesley, Manchester, Greater Manchester M29 8WN3
£247K05/210.33 mi18, Parkfield Drive, Tyldesley, Manchester, Greater Manchester M29 8QJ3
£285K12/220.34 mi6, Ashling Court, Tyldesley, Manchester, Greater Manchester M29 8QS3
£290K02/210.36 mi44, Hough Lane, Tyldesley, Manchester, Greater Manchester M29 8NW3
£300K06/230.37 mi12, Crawley Close, Tyldesley, Manchester, Greater Manchester M29 8XG3
£248K04/210.4 mi14, Hatford Close, Tyldesley, Manchester, Greater Manchester M29 8WX3
£275K12/200.4 mi5, Brimfield Avenue, Tyldesley, Manchester, Greater Manchester M29 8WY3
£305K12/220.41 mi16, Leafield, Tyldesley, Manchester, Greater Manchester M29 8QE3
£261K11/200.42 mi6, St Austell Avenue, Astley, Manchester, Greater Manchester M29 7FY3
£197.5K01/210.45 mi194, Manchester Road, Tyldesley, Manchester, Greater Manchester M29 8NN3
£248K03/210.46 mi32, Cherington Drive, Tyldesley, Manchester, Greater Manchester M29 8WE3
£285K02/230.46 mi16, Cherington Drive, Tyldesley, Manchester, Greater Manchester M29 8WE3
£203K05/240.47 mi20, Richmond Road, Worsley, Manchester, Greater Manchester M28 1AU3
£300K12/220.47 mi11, Carswell Close, Tyldesley, Manchester, Greater Manchester M29 8XH3
£242K05/210.47 mi9, Carswell Close, Tyldesley, Manchester, Greater Manchester M29 8XH3
£178K04/240.48 mi2, Kendal Road, Worsley, Manchester, Greater Manchester M28 1AG3
£265K03/210.48 mi94, Treen Road, Astley, Manchester, Greater Manchester M29 7HA3
£287K08/230.49 mi40, St Johns Road, Worsley, Manchester, Greater Manchester M28 1PA3
£187K06/210.49 mi45, St Johns Road, Worsley, Manchester, Greater Manchester M28 1PA3
£320K06/240.49 mi42, St Johns Road, Worsley, Manchester, Greater Manchester M28 1PA3
£183K12/200.49 mi23, Grange Road, Worsley, Manchester, Greater Manchester M28 1AT3
£146K03/210.49 mi30, Grange Road, Worsley, Manchester, Greater Manchester M28 1AT3
£150K02/210.5 mi165, Mosley Common Road, Worsley, Manchester, Greater Manchester M28 1AH3
£268K12/230.5 mi113, Mosley Common Road, Worsley, Manchester, Greater Manchester M28 1AH3
£175K04/230.52 mi4, Malton Road, Worsley, Manchester, Greater Manchester M28 1AS3

Local Rents

13 rents from £795/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,07505/240 miLynton Road, Tyldesley, Manchester, M293
£1,30005/240.36 miSilk Mill Street, Mosley Common, Manchester, M283
£1,45005/240.36 miNorton Nook, Mosley Common, Worsley3
£1,30005/240.43 miWeavers Close, Worsley, Manchester, Lancashire, M283
£79507/240.45 mi-3
£1,15003/250.45 mi-3
£99502/240.46 mi-3
£99505/240.46 mi-3
£1,20004/240.49 mi-3
£1,15004/250.51 mi-3
£1,49504/240.6 mi-3
£1,50004/250.6 mi-3
£1,07503/250.61 mi-3

Local Area Statistics

Population in M29

22,788

Population in Manchester

920,095

Town centre distance

8.73 miles away

Nearest school

0.40 miles away

Nearest train station

1.83 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £190,000

March 6, 2025

Floor Plans

Description

  • Semi Detached House +
  • Spacious Lounge and Kitchen +
  • Large Private Rear Garden +
  • Off Road Parking +
  • Close to Transport Links, Local Schools and Amenities +
  • Great Potential +

GetAnOffer are pleased to offer this property for sale:

This semi-detached home in Tyldesley presents a fantastic opportunity. In need of some improvements, the property offers great potential to be transformed into a beautiful home.

The ground floor features a spacious lounge and a functional kitchen with access to the large rear garden.

Upstairs, there are three well-sized bedrooms and a family bathroom. While the property requires some updating, its generous space and desirable location make it an excellent investment.

With local amenities, schools, and transport links nearby, this is a great chance to add value and create a stunning living space.

* FOR FURTHER INFORMATION PLEASE CALL: *

Please Note:

(Under the terms of The Estate Agent Act 1979 it is hereby advised that Future Planned Relocation Services Ltd (Get An Offer) has a legal interest in this property or is a close associate of the seller.)

Images may be subject to photographic enhancements and staging for marketing purposes.

All details and measurements have been given for guidance purposes only. Due to the nature of our business our details are usually produced by a third party so any information supplied should be checked by yourself for any inaccuracies.

Although this property may have the facility of heating and other appliances they have not been tested at the time of our instructions.

Get an Offer makes no guarantees as to the accuracy within these property details.

Agent Details

GET AN OFFER, Worthing

01903 497334

Next Steps?

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