2 Bed Flat, Single Let, Manchester, M14 6WT, £185,000

1 Whiteoak Road, Manchester - a month ago

Leasehold
BTL
ROI: 2%
63 m²
+9 photos

ValuationOvervalued

Sold Prices£70K - £450K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

63.01 m²
Price/m²£2.9K/m²

Value Estimate

£172,178

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£11,650

Total Cash In

£57,900

 

 

Cash Out

 

Rent Range

£650 - £3,300

Rent Estimate

£850

Running Costs/mo

£768

Cashflow/mo

£82

Cashflow/yr

£983

ROI

2%

Gross Yield

6%

Local Sold Prices

46 sold prices from £70K to £450K, average is £160.8K. £1.7K/m² to £3.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£129K05/230.04 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2
£155K12/200.14 miFlat 4, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP2
£130.5K03/210.14 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£135.5K01/210.14 mi14 Agnes Court, Wilmslow Road, Manchester, Greater Manchester M14 6AJ2
£213K10/210.18 mi32, Willow Bank, Manchester, Greater Manchester M14 6XT2
£202K12/220.18 mi30, Willow Bank, Manchester, Greater Manchester M14 6XT2
£176.6K02/230.3 mi20, Gwynant Place, Manchester, Greater Manchester M20 4AE2
£147K09/210.34 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£162K08/230.34 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£149.9K06/230.34 mi10, Chervil Close, Manchester, Greater Manchester M14 7DP2
£131K05/210.34 mi74, Chervil Close, Manchester, Greater Manchester M14 7DP2
£450K07/210.47 mi1, Parsonage Road, Manchester, Greater Manchester M20 4PB2
£169K12/200.48 mi50, Strathblane Close, Manchester, Greater Manchester M20 3FZ2
£147.5K12/200.56 mi93, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£152.5K12/200.56 mi51, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£168K01/230.58 mi22, Whimberry Way, Withington, Manchester, Greater Manchester M20 4SG2
£191K12/220.6 mi72, Briarfield Road, Manchester, Greater Manchester M20 4SS2
£113K01/230.61 mi22, Kinderton Avenue, Manchester, Greater Manchester M20 1AL2
£185K12/220.66 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£155K10/210.69 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.69 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.69 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.69 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£203K12/220.69 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£188K09/230.71 mi145, Parrs Wood Road, Manchester, Greater Manchester M20 4RS2
£165K05/210.73 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£250K12/220.74 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£175K12/200.75 miFlat 5, Everett Court, Aldborough Close, Manchester, Greater Manchester M20 3DT2
£194K03/230.76 mi6, Thursby Avenue, Manchester, Greater Manchester M20 1FT2
£71.5K10/200.78 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.78 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.78 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£70K03/230.78 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£135K02/230.78 mi19, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£159.5K12/230.8 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£131K12/200.8 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£245K06/210.82 miFlat 6, Holly Court, Palatine Road, Manchester, Greater Manchester M20 3JE2
£263K06/210.82 miFlat 10, Holly Court, Palatine Road, Manchester, Greater Manchester M20 3JE2
£210K12/220.84 miFlat 7, Rutland Court, Oak Road, Manchester, Greater Manchester M20 3BA2
£142K10/210.86 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£190K04/210.86 mi30, Meltham Avenue, Manchester, Greater Manchester M20 1FF2
£75K02/230.9 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£103K01/210.9 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2
£115K03/210.92 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£192K02/230.92 mi95, Golborne Avenue, Manchester, Greater Manchester M20 1FH2
£177.5K07/230.97 mi92, Meltham Avenue, Manchester, Greater Manchester M20 1EF2

Local Rents

50 rents from £650/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.04 miThe Deansgate, Whiteoak Road, Fallowfield, M142
£1,05005/240.04 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,00005/240.04 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,00005/240.04 miWhiteoak Road, Manchester, Greater Manchester, M142
£85003/240.07 mi350 Wilmslow Road,Fallowfield,Manchester,M14 6AB2
£1,15006/240.1 miAmherst Gardens, 22C Amherst Road, Withington, M14 6UQ2
£99903/240.1 miBrook Road, Manchester, M14 6UE2
£1,20003/240.13 mi4 Egerton Road, Fallowfield. M14 6YB2
£85005/240.13 mi-2
£1,29505/240.14 miWillow Court, M142
£1,02503/240.14 miLees Hall Crescent, Manchester, Greater Manchester, M142
£99705/240.15 miEgerton Road, Fallowfield, Manchester2
£97105/240.15 miEgerton Road, Fallowfield, Manchester2
£65005/240.15 miEgerton Road, Manchester, 2
£97105/240.16 miEgerton Road, Manchester M14 6NQ2
£90005/240.16 miFlat 7 34, Derby Road, Manchester, M142
£1,40003/240.16 miBeech Court, Willowbank2
£1,40405/240.19 miSherwood Street, 2 Bed, Fallowfield, Manchester2
£1,12605/240.2 miWellington Road, Fallowfield, Manchester, M142
£1,04005/240.2 miWellington Road, Fallowfield, Manchester, M142
£3,30002/240.2 mi-2
£3,30005/240.2 mi-2
£3,30005/240.2 mi-2
£3,30005/240.2 mi-2
£1,10005/240.2 miWilmslow Road, Manchester, M202
£85006/240.2 miWellington Road, Fallowfield2
£2,60005/240.2 miEgerton, Manchester M14 6UZ2
£1,34004/250.2 mi-2
£1,32004/250.2 mi-2
£85003/240.21 mi9 Wynnstay Grove,Fallowfield,Manchester,M14 6XF2
£1,29506/240.21 mi-2
£1,29505/240.21 miOrange Grove House, Manchester, M142
£89003/240.21 mi11 Wynnstay Grove,Fallowfield,Manchester,M14 6XF2
£1,15004/250.21 mi-2
£1,08003/240.21 miMauldeth Road, Withington, Manchester, M202
£1,06003/240.21 mi Mauldeth Road, Withington, Manchester, M202
£1,40005/240.22 miSherwood Street, Manchester M14 6NJ2
£1,15012/240.22 mi-2
£1,15005/240.22 miThorn Grove, Manchester, M142
£1,15005/240.22 miThorn Grove, Manchester, M142
£1,30006/240.22 mi-2
£1,07505/240.23 miArosa Court, 419 Wilmslow Road, Withington, Manchester, M202
£1,10005/240.23 miDerby Road, Fallowfield, M142
£1,29505/240.24 miSherwood Street, 2 Bed, Fallowfield, Manchester2
£1,05005/240.24 miBooth Avenue, Manchester, M142
£99506/240.24 miEgerton Road, Manchester, M142
£1,02305/240.25 miEgerton Road, 2 Bed, Fallowfield, Manchester2
£1,25005/240.25 mi28 Ladybarn Lane, Fallowfield, Manchester, Greater Manchester, M142
£1,20005/240.25 miLadybarn Court, Ladybarn Lane, Fallowfield, Manchester, M142
£1,25005/240.25 miLadybarn Lane , Fallowfield2

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.72 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £185,000

March 6, 2025

Floor Plans

Description

  • Spacious Two-Bedroom Apartment +
  • Ideal Investment in a Prime Student Area +
  • Well-Presented with Separate Lounge & Kitchen +
  • New Boiler & Long Lease for Peace of Mind +
  • Allocated Car Parking Space Included +
  • Excellent Transport Links to City Centre & Universities +

Spacious Two-Bedroom Apartment in a Prime Student Area. This well-presented two-bedroom apartment is a fantastic opportunity for both investors and homeowners alike. Situated in a sought-after location, the property is in excellent condition throughout and offers generous living space. With two double bedrooms, it is ideal for professionals, students, or small families looking for comfortable accommodation in a convenient setting. The apartment features a spacious lounge and a separate kitchen, providing a practical layout for day-to-day living. The kitchen is well-equipped, offering ample storage and workspace. The bright and airy lounge provides a welcoming space to relax and unwind. Both bedrooms are generously sized, perfect for tenants or owner-occupiers seeking a comfortable home. Recent upgrades include a newly installed boiler, ensuring energy efficiency and peace of mind. Additionally, the property benefits from a long lease, making it a secure investment with long-term potential. An allocated car parking space is also included, a valuable feature in this bustling area. Positioned in a prime student hotspot, this apartment offers excellent investment potential with strong rental demand. Transport links are superb, with easy access to Manchester city centre. Mauldeth Road train station is within walking distance, providing quick connections to the city and beyond. Multiple bus routes along Wilmslow Road offer frequent services to the universities and central Manchester, making this a highly desirable location. Contact Jacob Knight to arrange your viewing!

Agent Details

Jacob Knight, Manchester

0161 524 8470

Next Steps?

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