2 Bed Flat, Single Let, Manchester, M4 5JG, £212,500

Swan Street, Manchester, Greater Manchester, M4 5JG - 1 views - a month ago

Leasehold
BTL
ROI: 5%
~68 m²

ValuationUndervalued

Sold Prices£108K - £487K
Sold Prices/m²£2.4K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£238,943
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,125

Stamp Duty & Legal Fees

£11,825

Total Cash In

£64,950

 

 

Cash Out

 

Rent Range

£1,100 - £3,000

Rent Estimate

£1,200

Running Costs/mo

£924

Cashflow/mo

£276

Cashflow/yr

£3,311

ROI

5%

Gross Yield

7%

Local Sold Prices

30 sold prices from £108K to £487K, average is £205.3K. £2.4K/m² to £4.4K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£487K03/230.09 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£257K10/210.29 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£270K05/230.56 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/210.58 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£250K11/230.69 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/210.69 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£234K06/210.7 miApartment 381, Block 7 Spectrum, Blackfriars Road, Salford, Greater Manchester M3 7BY2
£220K12/220.71 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£207.5K12/200.74 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/230.74 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£150K09/230.74 miApartment 219, Quebec Building, Bury Street, Salford, Greater Manchester M3 7DY2
£220K01/240.75 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£140K11/200.78 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£150K05/230.78 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£130K02/210.8 mi11, Georgette Drive, Salford, Greater Manchester M3 7AF2
£150K08/210.8 mi1, Georgette Drive, Salford, Greater Manchester M3 7AF2
£178K09/210.81 mi36, Bridgewater Street, Salford, Greater Manchester M3 7AS2
£170K09/210.87 miFlat 12, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£330K12/220.87 miFlat 36, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£167K03/210.89 miFlat 214, Canon Green Court, West King Street, Salford, Greater Manchester M3 7HA2
£108K07/230.89 miFlat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester M3 7LB2
£145K06/210.91 mi10, Bevill Square, Salford, Greater Manchester M3 6BB2
£285K06/210.95 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£277K07/210.95 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£294K12/200.95 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£220K06/210.97 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£125.5K07/230.97 miFlat 82, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8NT2
£166K07/230.99 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2
£166K07/230.99 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2
£125.5K02/231 miFlat 100, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8NT2

Local Rents

50 rents from £1.1K/mo to £3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50005/240.02 miMason Street, Manchester2
£1,60005/240.03 miFlat 811, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,28005/240.03 miFlat 220, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,50005/240.03 miFlat 809, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,65006/240.03 miFlat 1111, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,50006/240.03 miFlat 509, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,65006/240.03 miFlat 1211, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,50006/240.03 miFlat 709, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,55006/240.03 miFlat 419, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,50012/240.03 miFlat 909, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,55012/240.03 miFlat 217, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M42
£1,45002/240.04 mi-2
£2,60006/240.04 mi-2
£2,60012/240.04 mi-2
£3,00012/240.04 mi-2
£3,00004/250.04 mi-2
£1,60005/240.04 mi122 High Street, Northern Quarter2
£1,40002/240.06 mi-2
£1,55005/240.06 miNew Cross Central, M22
£1,55005/240.06 miNew Cross Central, M42
£1,35006/240.07 miDesign House, Northern Quarter2
£1,95002/250.07 mi-2
£1,10005/240.07 miSpinners Mill, 4 Hatter St 2
£1,20005/240.07 miThe Cartwright, Spinners Mill2
£1,35012/240.07 mi-2
£1,35012/240.07 mi-2
£1,20005/240.07 mi-2
£1,30005/240.07 miSpinners Mill, 4 Hatter Street, Northern Quarter, Manchester, M42
£1,25005/240.07 miSpinners Mill, 4 Hatter Street, Northern Quarter, Manchester, M42
£1,47505/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,50005/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,56005/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,40005/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,56505/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,59505/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,57505/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,37505/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,55005/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,58505/240.08 mi2 Addington Street, Manchester, Greater Manchester, M42
£1,64005/240.08 miApt 40, Addington Street, Manchester, Greater Manchester, M42
£1,25005/240.08 miHigh Street, Manchester, M42
£1,50005/240.08 miMason Street, Manchester, Greater Manchester, M42
£1,35005/240.08 mi32 Mason Street, M42
£3,00002/240.08 mi-2
£3,00005/240.08 mi-2
£3,00005/240.08 miHigh Street, Manchester, M42
£1,50002/250.08 mi-2
£2,50012/240.08 mi-2
£1,35005/240.09 miSkyline Central 1, 50 Goulden Street, Manchester City Centre, M42
£1,35006/240.09 miSkyline Central 1, 49 Goulden Street, Manchester City Centre, M42

Local Area Statistics

Population in M4

10,600

Population in Manchester

920,095

Town centre distance

2.20 miles away

Nearest school

0.40 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £212,500

March 10, 2025

Description

  • Prime location in Manchester +
  • New build with modern finishes +
  • 8% rental yield +
  • High rental demand area +
  • Low maintenance costs +
  • Strong capital growth potential +

This investment property on Swan Street, Manchester, presents an excellent opportunity with an 8% yield, a standout feature in today's competitive market. Located in a rapidly developing area, the new build offers modern designs and high-quality finishes, ensuring both tenant satisfaction and long-term value. The prime location ensures steady demand from professionals, students, and families, thanks to its proximity to public transportation, shopping centres, and key city landmarks.

The property's 8% yield provides a strong return on investment, making it an attractive option for both seasoned investors and newcomers. Additionally, the area is experiencing considerable regeneration, increasing property values and rental demand over time. The modern build means minimal maintenance costs in the short term, with the potential for high appreciation as Manchester's real estate market continues to thrive.

Investing in this property also offers low vacancy risk, as the demand for rental properties in the region remains high, driven by a growing workforce and student population. The new build design ensures energy efficiency, further reducing long-term operational costs.

Given its strong yield, prime location, and modern amenities, this property is an ideal choice for those looking to expand or diversify their investment portfolio while benefiting from both immediate returns and future capital growth.

Agent Details

Fortem Property, London

020 4538 0776

Next Steps?

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