3 Bed Terraced House, Single Let, Manchester, M30 8HE, £200,000

Verdun Road, Eccles, M30 8HE - 9 days ago

BTL
ROI: 5%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£154K - £426K
Sold Prices/m²£1.8K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£248,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,000 - £3,500

Rent Estimate

£1,100

Running Costs/mo

£865

Cashflow/mo

£235

Cashflow/yr

£2,820

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £154K to £426K, average is £238K. £1.8K/m² to £4.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£232K12/220.02 mi5, Verdun Road, Eccles, Manchester, Greater Manchester M30 8HE3
£260K06/240.04 mi13, Oakmere Avenue, Eccles, Manchester, Greater Manchester M30 8EE3
£223K05/240.05 mi198, Anson Street, Eccles, Manchester, Greater Manchester M30 8HH3
£220K10/200.09 mi78, Parrin Lane, Eccles, Manchester, Greater Manchester M30 8BD3
£188.7K07/210.1 mi63, Parrin Lane, Eccles, Manchester, Greater Manchester M30 8AY3
£235K06/240.11 mi38, Verdun Road, Eccles, Manchester, Greater Manchester M30 8HF3
£154K10/200.14 mi36, Napier Road, Eccles, Manchester, Greater Manchester M30 8AG3
£276.5K07/240.14 mi8, Napier Road, Eccles, Manchester, Greater Manchester M30 8AG3
£294K05/240.14 mi58, Napier Road, Eccles, Manchester, Greater Manchester M30 8AG3
£240K04/210.17 mi50, Montonmill Gardens, Eccles, Manchester, Greater Manchester M30 8BG3
£325K11/220.18 mi50, Montonmill Gardens, Eccles, Manchester, Greater Manchester M30 8BG3
£253K02/230.18 mi68, Montonmill Gardens, Eccles, Manchester, Greater Manchester M30 8BG3
£263K06/230.19 mi71, Montonfields Road, Eccles, Manchester, Greater Manchester M30 8AW3
£350K07/230.19 mi50, Montonfields Road, Eccles, Manchester, Greater Manchester M30 8AW3
£288K10/210.2 mi18, Montondale, Eccles, Manchester, Greater Manchester M30 8EA3
£242.5K08/230.2 mi14, Montondale, Eccles, Manchester, Greater Manchester M30 8EA3
£298.9K04/230.21 mi33, Canal Bank, Eccles, Manchester, Greater Manchester M30 8AF3
£275K07/230.21 mi26, Canal Bank, Eccles, Manchester, Greater Manchester M30 8AF3
£228.7K11/200.22 mi44, Trevor Road, Eccles, Manchester, Greater Manchester M30 8BB3
£210K02/210.22 mi60, Trevor Road, Eccles, Manchester, Greater Manchester M30 8BB3
£240K03/210.22 mi34, Trevor Road, Eccles, Manchester, Greater Manchester M30 8BB3
£238K01/230.22 mi56, Trevor Road, Eccles, Manchester, Greater Manchester M30 8BB3
£190K02/210.23 mi41, Westwood Crescent, Eccles, Manchester, Greater Manchester M30 8DY3
£240K03/210.24 mi36, Canal Bank, Eccles, Manchester, Greater Manchester M30 8AA3
£270K06/210.24 mi34, Canal Bank, Eccles, Manchester, Greater Manchester M30 8AA3
£200K11/200.24 mi1, Marsden Street, Eccles, Manchester, Greater Manchester M30 9QY3
£186K01/210.24 mi15, Anson Street, Eccles, Manchester, Greater Manchester M30 8HA3
£215K04/240.24 mi14, Anson Street, Eccles, Manchester, Greater Manchester M30 8HA3
£236K02/210.26 mi18, Nansen Avenue, Eccles, Manchester, Greater Manchester M30 8AT3
£290K02/240.26 mi8, Nansen Avenue, Eccles, Manchester, Greater Manchester M30 8AT3
£188K02/210.27 mi144, Parrin Lane, Eccles, Manchester, Greater Manchester M30 8BH3
£227.3K06/230.27 mi164, Parrin Lane, Eccles, Manchester, Greater Manchester M30 8BH3
£205K10/200.28 mi17, Bray Avenue, Eccles, Manchester, Greater Manchester M30 8WN3
£175K09/230.28 mi4, Bray Avenue, Eccles, Manchester, Greater Manchester M30 8WN3
£362K03/210.28 mi20, Algernon Street, Eccles, Manchester, Greater Manchester M30 9QA3
£270K05/210.28 mi9, Algernon Street, Eccles, Manchester, Greater Manchester M30 9QA3
£320.3K06/210.28 mi15, Algernon Street, Eccles, Manchester, Greater Manchester M30 9QA3
£350K07/230.28 mi6, Algernon Street, Eccles, Manchester, Greater Manchester M30 9QA3
£399K05/240.28 mi20, Algernon Street, Eccles, Manchester, Greater Manchester M30 9QA3
£426K12/220.29 mi16, Algernon Street, Eccles, Manchester, Greater Manchester M30 9QA3
£200K04/210.29 mi23, Shackleton Street, Eccles, Manchester, Greater Manchester M30 8AE3
£160K02/210.3 mi33, Weymouth Road, Eccles, Manchester, Greater Manchester M30 8NN3
£220K09/230.3 mi59, Weymouth Road, Eccles, Manchester, Greater Manchester M30 8NN3
£285K04/240.3 mi39, Weymouth Road, Eccles, Manchester, Greater Manchester M30 8NN3
£285K04/240.3 mi39, Weymouth Road, Eccles, Manchester, Greater Manchester M30 8NN3
£182K12/200.32 mi4, Vaughan Street, Eccles, Manchester, Greater Manchester M30 8DH3
£184K03/230.32 mi7, Vaughan Street, Eccles, Manchester, Greater Manchester M30 8DH3
£232.5K12/210.32 mi25, Kirtley Avenue, Eccles, Manchester, Greater Manchester M30 9PU3
£190K11/200.32 mi42, Weymouth Road, Eccles, Manchester, Greater Manchester M30 8WW3
£165K01/210.34 mi11, School Street, Eccles, Manchester, Greater Manchester M30 8DJ3
£265K01/210.35 mi19, Granville Street, Eccles, Manchester, Greater Manchester M30 9PX3

Local Rents

24 rents from £1K/mo to £3.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10005/240 mi-3
£1,16712/240.13 mi-3
£1,45001/250.13 mi-3
£1,29512/240.15 miMontonfields Road, Eccles3
£1,25012/240.21 mi-3
£1,00012/240.23 mi-3
£1,20003/250.31 mi-3
£1,50001/250.34 mi-3
£1,42512/240.35 mi-3
£1,50012/240.35 mi-3
£1,29003/250.35 mi-3
£1,29003/250.35 mi-3
£2,35003/250.38 mi-3
£2,50005/240.39 miHighfield Drive, Eccles, Manchester, M303
£1,35005/240.41 miCrawford Street, Eccles, M303
£3,50005/240.43 mi-3
£1,34512/240.44 miAlliott Avenue, Bridgewater Park (Houses), M303
£1,25001/250.49 mi-3
£1,40001/250.53 mi-3
£1,60005/240.56 miClifton Road, Eccles, Manchester, Greater Manchester, M303
£1,10003/250.57 mi-3
£1,25012/240.58 mi-3
£1,30005/240.59 mi-3
£1,69506/240.62 miSapling Road, Swinton, Manchester3

Local Area Statistics

Population in M30

36,165

Population in Manchester

920,095

Town centre distance

5.22 miles away

Nearest school

0.30 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+56%

Property History

Listed for £200,000

March 14, 2025

Floor Plans

Description

  • Mid terrace property +
  • 3 Bedrooms +
  • Kitchen/diner +
  • 3 Piece bathroom suite +
  • Driveway to the front +
  • Gardens to the front and rear +

We are pleased to present this three-bedroom mid-terrace property, perfect for investors or first time buyers.

Internally, the property offers a hallway, a spacious lounge and a while kitchen/diner is ideal for family living and entertaining. Upstairs, you’ll find a shaped landing leading to three well-proportioned bedrooms and a 3 piece bathroom suite.

Additional features include wooden double glazing and gas central heating.

Externally, the property benefits from gardens to both the front and rear. There is driveway parking to the front.

This property presents an excellent opportunity, contact the office today to book your viewing!

Agent Details

Thornley Groves, Monton

0161 524 9345

Next Steps?

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