3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M14 7EP, £270,000

Thelwall Avenue, Manchester, Greater Manchester, M14 7EP - 4 views - 25 days ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£163K - £357K
Sold Prices/m²£1.7K/m² - £4.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£268,743

 

 

End Value (After Refurb)

£269,032

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Refurb Costs

£39,200

Bridging Loan Interest

£7,088

Total Cash In

£131,238

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£269,032

Mortgage (After Refinance)

£201,774

Mortgage LTV

75%

Cash Left In

£131,238

Equity

£67,258

Rent Range

£900 - £2,600

Rent Estimate

£1,441

Running Costs/mo

£1,149

Cashflow/mo

£292

Cashflow/yr

£3,505

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £163K to £357K, average is £243K. £1.7K/m² to £4.5K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£260K09/230 mi17, Thelwall Avenue, Manchester, Greater Manchester M14 7EP3
£252K06/210.04 mi8, Thelwall Avenue, Manchester, Greater Manchester M14 7FW3
£210K06/210.04 mi12, Burslem Avenue, Manchester, Greater Manchester M20 1BD3
£228K05/210.08 mi204, Mauldeth Road West, Withington, Manchester, Greater Manchester M20 1GX3
£260K02/230.1 mi234, Mauldeth Road West, Withington, Manchester, Greater Manchester M20 1BE3
£165K03/210.11 mi9, Sandbach Avenue, Manchester, Greater Manchester M14 7EG3
£215K03/210.15 mi133, Mauldeth Road West, Withington, Manchester, Greater Manchester M20 1BB3
£242K12/200.15 mi121, Mauldeth Road West, Withington, Manchester, Greater Manchester M20 1BB3
£225.5K07/230.17 mi29, Hassall Avenue, Manchester, Greater Manchester M20 1PG3
£357K12/220.18 mi49, Mornington Crescent, Manchester, Greater Manchester M14 6DB3
£239K04/210.21 mi18, Doncaster Avenue, Manchester, Greater Manchester M20 1GJ3
£237K04/210.21 mi30, Doncaster Avenue, Manchester, Greater Manchester M20 1GJ3
£227.6K06/210.21 mi10, Cuddington Avenue, Manchester, Greater Manchester M20 1PA3
£243K03/230.21 mi5, Cuddington Avenue, Manchester, Greater Manchester M20 1PA3
£252.5K02/210.21 mi124, Wilbraham Road, Fallowfield, Manchester, Greater Manchester M14 7DU3
£310K05/230.22 mi25, Bowdon Avenue, Manchester, Greater Manchester M14 7HD3
£217K03/210.22 mi6, Bowdon Avenue, Manchester, Greater Manchester M14 7HD3
£240K10/200.22 mi32, Bowdon Avenue, Manchester, Greater Manchester M14 7HD3
£285.5K12/220.24 mi16, Alford Avenue, Manchester, Greater Manchester M20 1AQ3
£268.5K09/230.24 mi17, Doncaster Avenue, Manchester, Greater Manchester M20 1AG3
£272K01/230.24 mi7, Doncaster Avenue, Manchester, Greater Manchester M20 1AG3
£235K06/210.25 mi401, Princess Road, Manchester, Greater Manchester M14 7ER3
£325K01/230.25 mi9, Somerford Avenue, Manchester, Greater Manchester M20 1GD3
£168K02/210.26 mi1, Somerford Avenue, Manchester, Greater Manchester M20 1GD3
£255K04/210.27 mi8, Stanthorne Avenue, Manchester, Greater Manchester M20 1GN3
£190K06/210.27 mi169, Lloyd Street South, Manchester, Greater Manchester M14 7DX3
£258K12/220.27 mi4, Ulverston Avenue, Manchester, Greater Manchester M20 1DU3
£280K11/210.28 mi9, Stanthorne Avenue, Manchester, Greater Manchester M20 1GH3
£215K11/200.29 mi28, Nantwich Road, Manchester, Greater Manchester M14 7AP3
£300K09/220.29 mi6, Nantwich Road, Manchester, Greater Manchester M14 7AP3
£215K03/240.3 mi60, Hassall Avenue, Manchester, Greater Manchester M20 1DX3
£230K03/210.3 mi12, Pownall Avenue, Manchester, Greater Manchester M20 1GP3
£243K06/210.3 mi5, Pownall Avenue, Manchester, Greater Manchester M20 1GP3
£205K01/230.31 mi43, Doncaster Avenue, Manchester, Greater Manchester M20 1DH3
£163K05/210.31 mi22, Gatley Avenue, Manchester, Greater Manchester M14 7HE3
£222K09/210.31 mi4, Gatley Avenue, Manchester, Greater Manchester M14 7HE3
£267K06/230.31 mi22, Gatley Avenue, Manchester, Greater Manchester M14 7HE3
£235K04/210.31 mi19, Nantwich Road, Manchester, Greater Manchester M14 7AW3
£192.5K02/210.31 mi77, Doncaster Avenue, Manchester, Greater Manchester M20 1DH3
£245K09/230.32 mi16, Mouldsworth Avenue, Manchester, Greater Manchester M20 1AS3
£255K11/230.32 mi115, Victoria Road, Fallowfield, Manchester, Greater Manchester M14 6DA3
£328.9K10/220.33 mi32, Delacourt Road, Manchester, Greater Manchester M14 6BX3
£256K02/210.33 mi30, Delacourt Road, Manchester, Greater Manchester M14 6BX3
£256K02/210.33 mi30, Delacourt Road, Manchester, Greater Manchester M14 6BX3
£260K02/210.33 mi149, Wilbraham Road, Fallowfield, Manchester, Greater Manchester M14 7DS3
£186K12/200.33 mi6, Wallasey Avenue, Manchester, Greater Manchester M14 7AL3
£290K03/210.33 mi27, Delacourt Road, Manchester, Greater Manchester M14 6BU3
£307K10/220.34 mi205, Platt Lane, Manchester, Greater Manchester M14 7EA3
£290K08/230.34 mi543, Princess Road, Manchester, Greater Manchester M20 1HA3
£215K02/210.35 mi5, Siddington Avenue, Manchester, Greater Manchester M20 1AT3

Local Rents

37 rents from £900/mo to £2.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30005/240.12 miOakham Avenue, Manchester, M20 1LR3
£1,47505/240.28 miDelacourt Road, Fallowfield, Manchester3
£1,50003/250.3 mi-3
£1,50003/250.3 mi-3
£1,35012/240.32 mi-3
£1,35005/240.32 miMouldsworth Avenue, Manchester, M203
£1,35006/240.32 miMouldsworth Avenue, Manchester, M203
£1,25005/240.32 mi-3
£1,40002/250.32 mi-3
£1,29505/240.34 miPrincess Road, Withington 3
£1,40005/240.34 miMouldsworth Avenue, Withington, Manchester3
£1,70005/240.38 miMauldeth Road West, Manchester, M213
£1,65003/250.4 mi-3
£1,62505/240.4 miYew Tree Road, Fallowfield, Manchester, M143
£1,62505/240.4 miYew Tree Road, Fallowfield, Manchester, M143
£1,25006/240.41 miDovedale Avenue, Withington, Manchester, M203
£1,62505/240.42 miMallowdale Avenue, Fallowfield3
£1,25005/240.43 miHasper Avenue, Withington, M203
£2,60001/250.45 mi-3
£1,25012/240.45 mi-3
£1,35005/240.47 miYew Tree Road, Manchester, Greater Manchester, M143
£1,80005/240.47 miKingsbrook Road, Whalley Range3
£1,30005/240.51 miCaistor Close, Manchester, Greater Manchester, M163
£1,40006/240.51 miRosedale Road, Fallowfield3
£1,20005/240.51 miBucklow Avenue, Fallowfield3
£1,43005/240.53 miHorton Road, Rusholme, M143
£1,40012/240.54 mi-3
£1,40006/240.54 miSt. Brendans Road North, Manchester, M203
£1,85012/240.56 mi-3
£1,60003/250.56 mi-3
£1,45005/240.57 miSt. Brendans Road Manchester, M20 3GH3
£1,00005/240.57 miLloyd Street South, Fallowfield3
£1,30005/240.58 miAshford Road, Withington3
£1,55005/240.58 miHartley Hall Gardens, Whalley Range3
£90005/240.6 mi-3
£1,20002/250.61 mi-3
£1,69505/240.61 miBrantingham Road, Whalley Range3

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.05 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £270,000

March 12, 2025

Floor Plans

Description

Nestled on a quiet cul-de-sac on Thelwall Avenue, Fallowfield, this inviting three-bedroom property offers the ideal blend of convenience, comfort, and potential. Located just a short walk from Hough End Leisure Centre, perfect for leisure and fitness activities, and Whalley Range High School, this home is in an excellent spot for families and those who enjoy an active lifestyle.

With excellent public transport links nearby, commuting to Manchester city centre is a breeze, and for those needing to travel further afield, Princess Parkway offers quick access to the M60 motorway, providing connections to the surrounding areas.

Externally, the house boasts both front and rear gardens—ideal for outdoor relaxation, gardening, or simply enjoying the peace and quiet of the cul-de-sac. The property also benefits from off-road parking, ensuring convenience for residents and visitors alike.

The ground floor offers a welcoming entrance hallway that leads into the spacious living room, which is perfect for relaxing or entertaining. The separate dining room provides ample space for family meals, while the kitchen is well-sized and functional, offering plenty of storage and worktop space to meet the demands of modern living.

Upstairs, you’ll find three well-proportioned bedrooms, each offering plenty of natural light and space for a growing family or professionals seeking extra room. The family bathroom is conveniently located, with a separate toilet adding extra convenience for busy households.

The house offers a fantastic opportunity for a buyer to make their own mark, whether through renovation or cosmetic updates, and is ideal for first-time buyers, growing families, or investors seeking strong rental potential.

With no vendor chain, this property is ready for a quick sale, offering you the chance to settle in swiftly without the usual delays. Whether you're looking for a family home or a great investment opportunity, this property offers excellent value and a superb location.

Agent Details

Bridgfords, Withington

0161 524 2534

Next Steps?

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