3 Bed Terraced House, Single Let, Manchester, M43 7PQ, £180,000

Gloucester Road, Droylsden, Droylsden, M43 7PQ - 2 views - a month ago

BTL
ROI: 6%
~93 m²
+5 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£795 - £1,500

Rent Estimate

£1,081

Running Costs/mo

£799

Cashflow/mo

£282

Cashflow/yr

£3,388

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £107K to £290K, average is £186K. £1.6K/m² to £3.7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£180K12/220.08 mi22, Lancaster Road, Droylsden, Manchester, Greater Manchester M43 7GB3
£183K12/200.09 mi75, Gloucester Road, Droylsden, Manchester, Greater Manchester M43 7PW3
£170K04/230.12 mi92, Gloucester Road, Droylsden, Manchester, Greater Manchester M43 7PN3
£200K06/230.13 mi31, Somerset Road, Droylsden, Manchester, Greater Manchester M43 7PX3
£185K03/210.18 mi2, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SF3
£231K06/230.18 mi22, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SF3
£245K09/230.18 mi12, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SF3
£134K12/200.18 mi12, Cypress Road, Droylsden, Manchester, Greater Manchester M43 7PB3
£184K04/240.19 mi7, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SE3
£200K03/230.21 mi230, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7QE3
£206K01/230.22 mi57, Hampshire Road, Droylsden, Manchester, Greater Manchester M43 7PH3
£130K04/210.22 mi36, Coronation Road, Droylsden, Manchester, Greater Manchester M43 7RL3
£130K04/210.22 mi36, Coronation Road, Droylsden, Manchester, Greater Manchester M43 7RL3
£270K11/230.23 mi70, Hampshire Road, Droylsden, Manchester, Greater Manchester M43 7PL3
£210K11/230.24 mi9, St Georges Road, Droylsden, Manchester, Greater Manchester M43 7RW3
£179.9K01/210.24 mi15, St Georges Road, Droylsden, Manchester, Greater Manchester M43 7RW3
£215K12/220.25 mi22, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ3
£205K03/230.25 mi64, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ3
£278K08/230.25 mi62, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ3
£175K09/230.25 mi30, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ3
£180K09/230.25 mi52, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ3
£165K06/230.26 mi42, St Georges Road, Droylsden, Manchester, Greater Manchester M43 7RN3
£156K12/200.26 mi52, St Georges Road, Droylsden, Manchester, Greater Manchester M43 7RN3
£205K05/230.26 mi30, St Georges Road, Droylsden, Manchester, Greater Manchester M43 7RN3
£290K09/210.26 mi3, Lowfield Avenue, Droylsden, Manchester, Greater Manchester M43 7SG3
£175K01/210.27 mi48, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7WL3
£170K05/230.27 mi45, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7WH3
£220K06/210.27 mi17, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7WH3
£107K02/210.27 mi23, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7WH3
£163K03/210.27 mi306, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7SL3
£247.8K12/220.27 mi290, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7SL3
£158K02/210.28 mi5, Briarwood Avenue, Droylsden, Manchester, Greater Manchester M43 7RQ3
£140K11/220.28 mi33, Briarwood Avenue, Droylsden, Manchester, Greater Manchester M43 7RQ3
£190K05/210.28 mi51, Briarwood Avenue, Droylsden, Manchester, Greater Manchester M43 7RQ3
£155K12/200.28 mi43, Briarwood Avenue, Droylsden, Manchester, Greater Manchester M43 7RQ3
£188K07/210.28 mi363, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7RY3
£190K07/210.28 mi7, Tewkesbury Avenue, Droylsden, Manchester, Greater Manchester M43 7NL3
£215K10/230.28 mi34, Greenside Crescent, Droylsden, Manchester, Greater Manchester M43 7RB3
£150K06/210.29 mi4, Keats Avenue, Droylsden, Manchester, Greater Manchester M43 7WJ3
£187K11/220.31 mi62, Ruskin Road, Droylsden, Manchester, Greater Manchester M43 7NH3
£160K05/210.31 mi56, Ruskin Road, Droylsden, Manchester, Greater Manchester M43 7NH3
£251K05/230.32 mi2, Shakespeare Crescent, Droylsden, Manchester, Greater Manchester M43 7NE3
£250K11/230.32 mi15, Shakespeare Crescent, Droylsden, Manchester, Greater Manchester M43 7NE3
£205K06/210.33 mi4, St Martins Close, Droylsden, Manchester, Greater Manchester M43 7SJ3
£215.5K12/200.33 mi5, St Martins Close, Droylsden, Manchester, Greater Manchester M43 7SJ3
£285K12/220.33 mi3, St Martins Close, Droylsden, Manchester, Greater Manchester M43 7SJ3
£140K12/230.33 mi19, Hawkstone Avenue, Droylsden, Manchester, Greater Manchester M43 7RU3
£210K03/230.33 mi37, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7WD3
£175K07/210.33 mi51, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7WD3
£170K01/210.34 mi1, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7NX3

Local Rents

49 rents from £795/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.09 mi-3
£1,20009/240.1 mi-3
£1,20009/240.1 miEssex Avenue, Manchester, M433
£99507/240.1 miCornwall Road, Droylsden, Manchester3
£99507/240.1 miCornwall Road, Droylsden, Manchester3
£1,15011/240.12 mi-3
£1,35005/240.14 mi-3
£1,15003/250.14 mi-3
£1,07506/240.18 mi-3
£1,30009/240.2 mi-3
£1,30008/240.2 miCambridge Road, Droylsden, Manchester, M433
£1,30008/240.2 miCambridge Road, Droylsden, Manchester, M433
£1,09504/250.22 mi-3
£1,39511/240.22 mi-3
£1,10001/250.23 mi-3
£1,05006/240.23 mi-3
£1,05005/240.23 miSt. Kildas Avenue, Droylsden, Manchester, M433
£1,05006/240.23 miSt. Kildas Avenue, Droylsden, Manchester, M433
£1,20005/240.23 miSt. Georges Road, Droylsden, Manchester, M433
£1,20006/240.23 mi-3
£1,45005/240.26 miGreenside Lane, Manchester, Greater Manchester, M433
£1,22504/250.28 mi-3
£1,20008/240.28 miBriarwood Avenue, Droylsden, Manchester, M433
£1,15012/240.29 mi-3
£1,25003/250.31 mi-3
£1,40008/240.38 miWillows Drive, Failsworth3
£1,29506/240.39 mi-3
£1,29506/240.39 miThackeray Grove Droylsden, Manchester, M433
£1,29506/240.39 miThackeray Grove Droylsden, Manchester, M433
£1,29504/250.39 mi-3
£1,10006/240.43 mi-3
£1,10005/240.43 miCloagh Road, Manchester, M433
£1,15005/240.45 miLord Lane, Failsworth3
£1,20005/240.48 miLord Lane, Failsworth, Manchester3
£1,15005/240.51 miWoodlands, Failsworth3
£1,50009/240.51 mi-3
£1,17504/250.52 mi-3
£1,20007/240.53 mi-3
£1,20004/250.53 mi-3
£1,30007/240.53 miWoodlands, Failsworth, Manchester, M353
£1,20006/240.53 miAnsdell Drive, Droylsden, Tameside, M433
£1,35009/240.55 mi-3
£1,40008/240.55 miLynn Drive, Droylsden, Manchester, M433
£1,29507/240.56 miLydgate Road, Droylsden, Manchester, M433
£1,30008/240.58 miPeakdale Road, Droylsden, M433
£1,10004/250.6 mi-3
£79505/240.6 mi-3
£1,32504/250.61 mi-3
£1,20006/240.61 miHolmlea Road, Manchester, M433

Property History

Listed for £180,000

March 18, 2025

Floor Plans

Description

  • No vendor chain. +
  • Gardens and Parking. +
  • GCH & Double glazed. +
  • Close to local amenities. +
  • Popular Residential location. +
  • Ideal FTB or family home. +

This EXTENDED three-bedroom family home is being sold with NO ONWARD CHAIN and is ideal for first time buyers, families and buy to let investors alike. The accommodation benefits from gas central heating, PVCu double glazing, modern kitchen and shower room, GOOD SIZE rear garden with large SUMMER house and OFF-ROAD parking. The accommodation is located in Droylsden, close to local shops, schools and transport links and additionally backs onto Medlock vale. Viewings are highly recommended.

Agent Details

Edward Mellor Ltd, Droylsden

0161 524 2800

Next Steps?

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