2 Bed Terraced House, Refurb/BRRR, Manchester, M18 7JT, £175,000

32 Harold Avenue, Manchester, M18 7JT - 2 views - 2 months ago

Leasehold
Refurb/BRRR
ROI: 3%
77 m²
+12 photos

ValuationOvervalued

Sold Prices£97.5K - £243K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

77 m²
Price/m²£2.3K/m²

Value Estimate

£150,934

 

 

End Value (After Refurb)

£171,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Refurb Costs

£32,559

Bridging Loan Interest

£4,594

Total Cash In

£92,602

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£171,500

Mortgage (After Refinance)

£128,625

Mortgage LTV

75%

Cash Left In

£92,602

Equity

£42,875

Rent Range

£695 - £1,550

Rent Estimate

£1,017

Running Costs/mo

£759

Cashflow/mo

£258

Cashflow/yr

£3,092

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £97.5K to £243K, average is £144.5K. £1.2K/m² to £3.4K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£135K05/210.02 mi21, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£115K12/200.02 mi11, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£178K09/230.02 mi3, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£145K12/230.02 mi2, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£150K04/240.02 mi23, Harold Avenue, Manchester, Greater Manchester M18 7JT2
£145K02/230.04 mi32, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£120.2K05/210.04 mi39, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£109K11/200.04 mi27, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£129K03/210.04 mi7, Beatrice Avenue, Manchester, Greater Manchester M18 7JU2
£165K10/220.06 mi27, Mayfield Grove, Manchester, Greater Manchester M18 7JS2
£135K01/240.07 mi54, Mayfield Grove, Manchester, Greater Manchester M18 7JS2
£125K12/200.07 mi48, Mayfield Grove, Manchester, Greater Manchester M18 7JS2
£159K10/210.1 mi16, Reddish Lane, Manchester, Greater Manchester M18 7JN2
£113K06/230.1 mi46, Reddish Lane, Manchester, Greater Manchester M18 7JN2
£153.5K07/240.11 mi13, Chatham Road, Gorton, Manchester, Greater Manchester M18 7JG2
£130K01/210.11 mi5, Chatham Road, Gorton, Manchester, Greater Manchester M18 7JG2
£144K05/210.12 mi4, Laburnum Road, Denton, Manchester, Greater Manchester M34 2NE2
£125K06/210.17 mi21, Ash Road, Denton, Manchester, Greater Manchester M34 2WE2
£210K02/230.18 mi87, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£175K02/230.18 mi89, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£97.5K03/230.19 mi133, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£230K10/230.19 mi103, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£120K02/210.19 mi123, Ash Road, Denton, Manchester, Greater Manchester M34 2WH2
£171.5K11/220.22 mi12, Birtles Avenue, Stockport, Greater Manchester SK5 6PF2
£140.1K04/210.22 mi14, Birtles Avenue, Stockport, Greater Manchester SK5 6PF2
£107K12/200.23 mi16, Thornwood Avenue, Manchester, Greater Manchester M18 7HW2
£170K06/210.25 mi1, Belfield Road, Stockport, Greater Manchester SK5 6NY2
£177K07/210.25 mi12, Belfield Road, Stockport, Greater Manchester SK5 6NY2
£160.5K10/210.25 mi6, Belfield Road, Stockport, Greater Manchester SK5 6NY2
£130K07/210.25 mi39, Woodland Avenue, Manchester, Greater Manchester M18 7HX2
£160K11/230.25 mi37, Woodland Avenue, Manchester, Greater Manchester M18 7HX2
£130K10/230.26 mi16, Friendship Avenue, Manchester, Greater Manchester M18 7HH2
£184K12/220.26 mi5, Lyndale Avenue, Stockport, Greater Manchester SK5 6PA2
£154.3K08/210.27 mi35, Broadfield Road, Stockport, Greater Manchester SK5 6PB2
£181K06/230.28 mi4, Lonsdale Avenue, Stockport, Greater Manchester SK5 6NZ2
£125K03/210.28 mi6, Lonsdale Avenue, Stockport, Greater Manchester SK5 6NZ2
£145K12/200.31 mi2, St Agnes Street, Stockport, Greater Manchester SK5 6RA2
£160K03/210.32 mi52, Thornley Lane North, Stockport, Greater Manchester SK5 6QR2
£143K06/210.32 mi4, Sandheys Grove, Manchester, Greater Manchester M18 7FE2
£153K01/230.33 mi17, Tindall Street, Stockport, Greater Manchester SK5 6QZ2
£139K05/230.33 mi11, Tindall Street, Stockport, Greater Manchester SK5 6QZ2
£161K02/230.34 mi14, Sandheys Grove, Manchester, Greater Manchester M18 7FE2
£167K10/230.35 mi647, Manchester Road, Denton, Manchester, Greater Manchester M34 2NA2
£243K11/220.4 mi36, Far Lane, Manchester, Greater Manchester M18 7FF2
£130K12/200.4 mi14, Wilton Grove, Denton, Manchester, Greater Manchester M34 2NS2
£195K12/200.43 mi1, Wilton Paddock, Denton, Manchester, Greater Manchester M34 2NU2
£132.5K02/210.43 mi26, Hobson Street, Stockport, Greater Manchester SK5 6PT2
£131K04/210.47 mi23, Bower Street, Stockport, Greater Manchester SK5 6NW2
£141.3K06/230.47 mi1, Bower Street, Stockport, Greater Manchester SK5 6NW2
£125K12/200.47 mi17, Lyndhurst Road, Stockport, Greater Manchester SK5 6NA2

Local Rents

49 rents from £695/mo to £1.6K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£95005/240.02 miHarold Avenue, Manchester2
£95005/240.05 miMayfield Grove, Manchester, Greater Manchester, M182
£80012/230.07 mi-2
£97512/230.07 mi-2
£90012/240.08 mi-2
£90005/240.08 mi-2
£97504/250.08 mi-2
£95003/240.09 miReddish Lane, Gorton2
£1,05005/240.15 mi-2
£85012/240.16 mi-2
£99508/240.17 mi-2
£99509/240.17 mi-2
£99509/240.17 mi-2
£99509/240.17 mi-2
£99509/240.17 mi-2
£1,40012/240.17 mi-2
£1,40011/240.17 mi-2
£90005/240.17 miCranbrook Road, Manchester, M182
£1,55012/240.17 mi-2
£1,55012/240.17 mi-2
£1,50005/240.17 miHyde Road, Manchester, M182
£1,09502/250.18 mi-2
£95011/230.19 mi-2
£95012/240.25 mi-2
£1,20008/240.25 mi-2
£1,05011/240.25 mi-2
£95012/240.26 mi-2
£95008/240.26 miBelfield Road, Stockport, Cheshire, SK52
£89510/240.28 mi-2
£97504/250.28 mi-2
£1,15004/250.29 mi-2
£95004/250.33 mi-2
£95008/240.34 mi-2
£75009/240.35 mi-2
£1,00008/240.36 miOswald Street, Stockport, Cheshire, SK52
£99509/240.37 miBoscombe Street, Reddish, Stockport, SK52
£1,10004/250.38 mi-2
£92508/240.39 mi-2
£92508/240.39 mi-2
£1,20003/250.4 mi-2
£1,10008/240.42 mi-2
£90008/240.42 mi-2
£78012/230.44 mi-2
£69511/230.47 mi-2
£90009/240.47 miGorton Road, Stockport, SK52
£1,05008/240.47 mi-2
£1,05002/250.47 mi-2
£1,05009/240.48 miCromwell Avenue, Stockport, SK52
£1,00003/250.48 mi-2

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £175,000

March 7, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • Two Reception Rooms +
  • Rear Yard +
  • Short Stroll to Debdale Park +
  • Great Selection of Schools +
  • Popular Transport Links +
  • Council Tax Band: A +
  • EPC: D +

Welcome to this charming two-bedroom mid-terrace house located on Harold Avenue in Gorton a short stroll from Debdale Park. Spanning an impressive 958 square feet, this spacious property offers a delightful living experience, perfect for both investors and residential buyers.

Upon entering, you will find two well-proportioned reception rooms that provide ample space to suite your style of living. The layout is both practical and inviting, making it easy to envision your own personal touch throughout the home. The property features two comfortable bedrooms, ensuring a restful retreat at the end of the day.

The bathroom is conveniently situated, catering to the needs of modern living. This home is ready to move into, allowing you to settle in without the hassle of extensive renovations. The absence of a chain further simplifies the buying process, making it an attractive option for those looking to make a swift purchase.

Situated in a popular location, this property is surrounded by a wealth of amenities, including shops, parks, and excellent transport links, ensuring that everything you need is within easy reach. Whether you are seeking a new home or a sound investment opportunity, this terraced house on Harold Avenue is a fantastic choice. Don’t miss the chance to make it your own. To arrange a viewing, please call Kingsdale Estates on .

First Reception Room - 3.00 x 3.40 (9'10" x 11'1") -

Second Reception Room - 3.20 x 3.90 (10'5" x 12'9") -

Kitchen - 2.40 x 3.00 (7'10" x 9'10") -

Bedroom One - 4.10 x 3.40 (13'5" x 11'1") -

Bedroom Two - 2.60 x 3.90 (8'6" x 12'9") -

Bathroom - 2.40 x 3.90 (7'10" x 12'9") -

Anti Money Laundering - MONEY LAUNDERING If you are thinking
of Buying, Selling, Renting or Investing in
Property, please note, that it is our
obligation to comply with the following Acts
of Parliament: 1) The Money Laundering
Regulations Act 2003 2) The Proceeds of
Crime Act 2002 3) Terrorism Act 2000 (as
amended by the anti-terrorism Crime and
Security Act 2001)

Disclaimer - Kingsdale Estates have received confirmation from the Landlord or Seller that all information within the particulars are correct. In the event of the property being a leasehold, Kingsdale Estates would have requested all relevant information in advance. Although we believe all material in the marketing to be correct, we would advise interested parties to satisfy any quires prior to reaching a legal agreement.

Agent Details

Kingsdale Estates, Covering Manchester

0161 524 9506

Next Steps?

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