3 Bed Semi-Detached House, Single Let, Manchester, M22 9PB, £165,000

Honford Road, Manchester, Greater Manchester, M22 9PB - 2 views - a month ago

Leasehold
Auction
BTL
ROI: 10%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£40K - £360K
Sold Prices/m²£426/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£201,300
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£875 - £1,800

Rent Estimate

£1,195

Running Costs/mo

£775

Cashflow/mo

£420

Cashflow/yr

£5,045

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £40K to £360K, average is £204.3K. £426/m² to £4.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£222K02/230.03 mi80, Moat Road, Manchester, Greater Manchester M22 9HX3
£210K04/230.05 mi58, Moat Road, Manchester, Greater Manchester M22 9HX3
£230K10/230.15 mi88, Broadoak Road, Manchester, Greater Manchester M22 9WE3
£170K12/200.15 mi1, Hollyhedge Road, Manchester, Greater Manchester M22 8HF3
£200K08/230.23 mi136, Broadoak Road, Manchester, Greater Manchester M22 9PL3
£158K04/210.24 mi25, Panfield Road, Manchester, Greater Manchester M22 9NJ3
£220K04/230.25 mi47, Nearbrook Road, Manchester, Greater Manchester M22 9PY3
£270K11/200.27 mi32, Dunnisher Road, Manchester, Greater Manchester M23 2YN3
£173K11/200.27 mi79, Mottershead Road, Manchester, Greater Manchester M22 9QG3
£237.6K12/220.27 mi104, Hollyhedge Road, Manchester, Greater Manchester M22 8LT3
£218K12/230.28 mi151, Mottershead Road, Manchester, Greater Manchester M22 9GP3
£203.5K01/240.29 mi14, Ninfield Road, Manchester, Greater Manchester M23 2ZG3
£235K03/240.29 mi17, Ninfield Road, Manchester, Greater Manchester M23 2ZG3
£217K10/220.3 mi215, Firbank Road, Manchester, Greater Manchester M23 2YG3
£265K12/220.3 mi51, Dunnisher Road, Manchester, Greater Manchester M23 2ZL3
£205K12/230.3 mi120, Newhey Road, Manchester, Greater Manchester M22 9ND3
£191K12/220.3 mi102, Newhey Road, Manchester, Greater Manchester M22 9ND3
£240K07/230.3 mi121, Firbank Road, Manchester, Greater Manchester M23 2YP3
£268.5K03/240.3 mi119, Firbank Road, Manchester, Greater Manchester M23 2YP3
£174K09/210.32 mi49, Newhey Road, Manchester, Greater Manchester M22 9NB3
£185K05/230.32 mi5, Birling Drive, Manchester, Greater Manchester M23 2ZF3
£360K01/230.33 mi8, Balmer Drive, Manchester, Greater Manchester M23 2YQ3
£250K12/220.33 mi20, Flagcroft Drive, Manchester, Greater Manchester M23 2YL3
£158K04/210.33 mi30, Barncroft Gardens, Manchester, Greater Manchester M22 8LZ3
£205K03/230.35 mi18, Wynyard Road, Manchester, Greater Manchester M22 9PS3
£214K01/240.35 mi3, Glendevon Close, Manchester, Greater Manchester M22 8FB3
£165K09/210.37 mi13, Broadoak Road, Manchester, Greater Manchester M22 8FY3
£230K03/210.37 mi70, Firbank Road, Manchester, Greater Manchester M23 2YH3
£223K11/230.37 mi6, Broadoak Drive, Manchester, Greater Manchester M22 8FW3
£245K12/220.37 mi15, Wendon Road, Manchester, Greater Manchester M23 1PT3
£338K12/220.38 mi33, Broadoak Drive, Manchester, Greater Manchester M22 8FW3
£183K09/210.38 mi114, Hollyhedge Road, Manchester, Greater Manchester M22 8LS3
£160K02/210.38 mi165, Greenwood Road, Manchester, Greater Manchester M22 8BF3
£200K06/230.38 mi179, Greenwood Road, Manchester, Greater Manchester M22 8BF3
£205K06/230.41 mi69, Colshaw Road, Manchester, Greater Manchester M23 2GP3
£258K06/230.41 mi71, Colshaw Road, Manchester, Greater Manchester M23 2GP3
£145K01/210.43 mi49, Blackcarr Road, Manchester, Greater Manchester M23 1LR3
£160.5K03/230.46 mi42, Whitburn Road, Manchester, Greater Manchester M23 2YR3
£185K02/230.47 mi11, Overton Road, Manchester, Greater Manchester M22 8JN3
£185K05/210.48 mi42, Poundswick Lane, Manchester, Greater Manchester M22 9PQ3
£172K12/220.48 mi1, Tamar Drive, Manchester, Greater Manchester M23 2QB3
£187K03/210.48 mi198, Firbank Road, Manchester, Greater Manchester M23 2ZS3
£152K02/210.49 mi34, Overton Road, Manchester, Greater Manchester M22 8LL3
£188K10/230.49 mi61, Cedars Road, Manchester, Greater Manchester M22 9SZ3
£225K02/210.49 mi21d, Inglesham Close, Manchester, Greater Manchester M23 1LQ3
£191.5K06/230.49 mi167, Hollyhedge Road, Manchester, Greater Manchester M22 8UE3
£302.5K04/240.49 mi7, Malling Road, Manchester, Greater Manchester M23 2XE3
£40K10/230.5 mi34, Porlock Road, Manchester, Greater Manchester M23 1LZ3
£165K04/210.51 mi1, Althorn Walk, Manchester, Greater Manchester M23 2GD3
£182K06/210.51 mi115, Benchill Road, Manchester, Greater Manchester M22 8LB3

Local Rents

46 rents from £875/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30004/250.08 mi-3
£1,30005/240.18 mi-3
£1,30004/250.18 mi-3
£1,25001/250.19 mi-3
£1,25002/250.19 mi-3
£1,20005/240.21 miBroadoak Road, Manchester, M223
£1,50004/250.24 mi-3
£1,45006/240.25 mi-3
£1,20005/240.25 miHaveley Road, Manchester, M223
£1,20012/240.26 mi-3
£1,10001/250.27 mi-3
£1,20005/240.32 miHollyhedge Road, Manchester, M223
£1,40005/240.33 miLittlewood Road, Manchester, M22 9NG3
£1,25002/250.34 mi-3
£87505/240.34 miBroadoak Road, Manchester, M223
£1,40005/240.34 miLittlewood Road, Manchester, Greater Manchester, M223
£1,20012/240.34 mi-3
£1,30005/240.37 miBroadoak Drive, Manchester, M223
£1,30005/240.37 mi-3
£1,35001/250.38 mi-3
£1,25005/240.38 miOverton Avenue, Manchester, M223
£1,30005/240.39 mi-3
£1,24503/250.39 mi-3
£1,30005/240.4 miWoodhouse Lane, Manchester, M223
£1,20006/240.4 mi-3
£1,25004/250.4 mi-3
£1,32512/240.42 mi-3
£1,32505/240.42 miWoodhouse Lane, Wythenshawe, M223
£1,19505/240.43 mi13 Peterswood Close, Manchester, Greater Manchester, M223
£1,20005/240.46 miBenchill Drive, Manchester, M22 8FH3
£1,25005/240.5 mi-3
£1,80012/240.5 mi-3
£1,50012/240.51 mi-3
£1,25012/240.52 mi-3
£1,20002/250.52 mi-3
£1,65001/250.53 mi-3
£1,40012/240.53 mi-3
£1,40012/240.53 mi-3
£1,40005/240.54 mi-3
£1,20003/250.56 mi-3
£1,20001/250.56 mi-3
£1,40005/240.58 miActonville Avenue, Wythenshawe, M223
£1,25002/250.58 mi-3
£1,20005/240.6 miBrookfield Gardens, Wythenshawe3
£1,25012/240.6 mi-3
£1,10005/240.62 mi-3

Local Area Statistics

Population in M22

42,201

Population in Manchester

920,095

Town centre distance

4.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+52%

Property History

Listed for £165,000

March 19, 2025

Floor Plans

Description

  • For Sale by Modern Auction – T & C’s apply +
  • Subject to Reserve Price +
  • No Chain +

Auctioneers Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

COW250013/2

Agent Details

Reeds Rains, Didsbury

0161 524 2267

Next Steps?

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