2 Bed Flat, Single Let, Manchester, M22 9AL, £130,000

Sandycroft Avenue, Manchester, M22 9AL - 2 months ago

Under Offer

Leasehold

BTL

ROI: 10%

~68 m²

+13 photos

ValuationUndervalued

Sold Prices	£86.5K - £185K
Sold Prices/m²	£1.5K/m² - £2.7K/m²

Square Metres	~68.11 m²
Price/m²	£1.9K/m²
Value Estimate	£150,842£150,842
BMV	16%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,500£32,500
Stamp Duty & Legal Fees	£7,700£7,700
Total Cash In	£40,200£40,200

Cash Out
Rent Range	£900 - £1,350£900 - £1,350
Rent Estimate	£950
Running Costs/mo	£616£616
Cashflow/mo	£334£334
Cashflow/yr	£4,005£4,005
ROI	10%10%
Gross Yield	9%9%

Local Sold Prices

22 sold prices from £86.5K to £185K, average is £138.7K. £1.5K/m² to £2.7K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£110K	05/23	0.47 mi	18, Ardmore Walk, Manchester, Greater Manchester M22 5QG	£1,692	65	2	Flat
£131K	11/20	0.47 mi	16, Ardmore Walk, Manchester, Greater Manchester M22 5QG	£1,456	90	2	Flat
£137.5K	05/23	0.47 mi	20, Ardmore Walk, Manchester, Greater Manchester M22 5QG	£2,307	60	2	Flat
£135K	09/23	0.48 mi	48, Studland Road, Manchester, Greater Manchester M22 5AN	£1,875	72	2	Flat
£97K	05/23	0.56 mi	41, Calve Croft Road, Manchester, Greater Manchester M22 5FY	£1,590	61	2	Flat
£150K	02/23	0.61 mi	4, Fenside Road, Manchester, Greater Manchester M22 4WZ	-	-	2	Flat
£158K	08/23	0.64 mi	2, Knowe Avenue, Manchester, Greater Manchester M22 0FG	-	-	2	Flat
£160K	12/22	0.67 mi	52, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS	-	-	2	Flat
£170K	10/22	0.67 mi	42, Starling Close, Manchester, Greater Manchester M22 4XS	£2,698	63	2	Flat
£139.9K	10/21	0.67 mi	102, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS	£2,326	60	2	Flat
£165K	07/23	0.67 mi	80, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS	£2,538	65	2	Flat
£166.5K	04/23	0.67 mi	46, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS	-	-	2	Flat
£86.5K	12/20	0.69 mi	53, Longhope Road, Manchester, Greater Manchester M22 1UP	-	-	2	Flat
£118K	11/22	0.69 mi	21, Longhope Road, Manchester, Greater Manchester M22 1UP	£2,185	54	2	Flat
£120K	10/21	0.7 mi	32, Beamsley Drive, Manchester, Greater Manchester M22 1TZ	-	-	2	Flat
£110K	09/23	0.72 mi	104, Cotefield Road, Manchester, Greater Manchester M22 1UG	-	-	2	Flat
£150K	11/23	0.75 mi	13, Flaxwood Walk, Manchester, Greater Manchester M22 9RW	£2,381	63	2	Flat
£185K	03/24	0.75 mi	11, Brayford Road, Manchester, Greater Manchester M22 0NS	£2,372	78	2	Flat
£165K	02/23	0.81 mi	25, Pepper Close, Manchester, Greater Manchester M22 4JZ	-	-	2	Flat
£130K	11/20	0.82 mi	21, Pepper Close, Manchester, Greater Manchester M22 4JZ	£2,353	55	2	Flat
£130K	05/21	0.82 mi	31, Pepper Close, Manchester, Greater Manchester M22 4JZ	£2,215	59	2	Flat
£146K	12/22	0.94 mi	2, Bude Walk, Manchester, Greater Manchester M23 1PG	£2,000	73	2	Flat

Local Rents

17 rents from £900/mo to £1.4K/mo, average is £1K/mo.

Rent	Date	Distance	Address	Beds	Type
£950	05/24	0 mi	Sandycroft Avenue, Wythenshawe	2	Flat
£1,000	06/24	0 mi	Sandycroft Avenue, Manchester, M22	2	Flat
£900	04/25	0.06 mi	-	2	Flat
£1,350	04/25	0.06 mi	-	2	Terraced House
£950	06/24	0.08 mi	Actonville Avenue, Wythenshawe	2	Flat
£1,100	02/25	0.08 mi	-	2	Flat
£950	05/24	0.12 mi	Flat 16 2, Actonville Avenue, Manchester, M22	2	Flat
£975	02/25	0.41 mi	-	2	Flat
£1,150	05/24	0.45 mi	Stancliffe Road, Manchester, Greater Manchester, M22	2	Semi-Detached House
£995	05/24	0.47 mi	Ardmore Walk, Peel Estate, Manchester	2	Flat
£950	05/24	0.49 mi	Ardmore Walk, Manchester, M22	2	Flat
£1,000	12/24	0.52 mi	-	2	Flat
£1,100	05/24	0.54 mi	Summerfield Road, Wythenshawe, Manchester, M22	2	Semi-Detached House
£1,200	05/24	0.54 mi	Haslington Drive; Wythenshawe; M22	2	Flat
£1,150	05/24	0.56 mi	Turnbury Road, Sharston, Manchester, M22 4ZB	2	Flat
£1,050	05/24	0.56 mi	21 Broadoak Drive, Manchester, Greater Manchester, M22	2	Detached House
£1,150	05/24	0.61 mi	Fenside Road, Manchester	2	Detached House

Local Area Statistics

Population in M22	42,20142,201
Population in Manchester	920,095920,095
Town centre distance	4.96 miles away4.96 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.04 miles away0.04 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+11%+11%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+52%+52%

Property History

Listed for £130,000

March 7, 2025

Floor Plans

Description

Ground Floor Flat +
Two Bedrooms +
Tiled Bathroom +
White Gloss Kitchen +
Off Road Parking +
Tram Stop on Doorstep +

Callaghans are pleased to offer for sale this spacious two-bedroom ground floor apartment, perfectly situated in a highly convenient location with a tram stop just across the road.
Step into the welcoming entrance hallway that leads to a bright, spacious lounge—an ideal setting for relaxation and entertaining. The apartment features a modern white gloss fitted kitchen that combines style with functionality, perfect for preparing your favourite meals.
The contemporary bathroom is appointed with a modern suite and an over-bath shower, providing a blend of comfort and convenience. The accommodation includes a generously sized double master bedroom alongside a second well-proportioned bedroom, offering flexibility to suit your lifestyle.
Enhancing the appeal of this property is the off-road residents parking, ensuring ease and security for your vehicle.
This apartment offers a superb combination of location, modern living, and practicality. Contact Callaghans today to arrange a viewing and discover all it has to offer!

Agent Details

Callaghans, Gatley

0161 524 4378

Next Steps?

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

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