2 Bed Terraced House, Single Let, Manchester, M11 1FY, £170,000

Wallwork Street, Openshaw, Manchester, M11 1FY - a month ago

Under Offer
BTL
ROI: 4%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£69K - £222K
Sold Prices/m²£973/m² - £4.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£120,453

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£800 - £2,400

Rent Estimate

£890

Running Costs/mo

£729

Cashflow/mo

£161

Cashflow/yr

£1,929

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £69K to £222K, average is £140.5K. £973/m² to £4.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£132.1K01/230.02 mi54, Wheler Street, Manchester, Greater Manchester M11 1DF2
£118.5K10/220.06 mi77, Wheler Street, Manchester, Greater Manchester M11 1DT2
£145K12/200.11 mi16, Bendall Street, Manchester, Greater Manchester M11 1GE2
£222K02/230.2 mi15, Brinklow Close, Manchester, Greater Manchester M11 1NH2
£145K01/230.2 mi126, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£150K02/230.21 mi94, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£161K11/220.22 mi20, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£155K01/240.25 mi89, Lees Street, Openshaw, Manchester, Greater Manchester M11 1NW2
£110.5K06/210.28 mi70, Ackroyd Street, Manchester, Greater Manchester M11 1WT2
£105K01/210.28 mi28, Vine Street, Manchester, Greater Manchester M11 1LJ2
£192K11/230.3 mi2, Mere Avenue, Droylsden, Manchester, Greater Manchester M43 6BF2
£159K04/210.32 mi2, Merton Drive, Droylsden, Manchester, Greater Manchester M43 6BH2
£135K03/210.32 mi1, Copperas Lane, Droylsden, Manchester, Greater Manchester M43 6HP2
£148K11/210.32 mi4, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BJ2
£155K09/210.35 mi16, Rainow Avenue, Droylsden, Manchester, Greater Manchester M43 6HW2
£164K02/210.35 mi4, Rainow Avenue, Droylsden, Manchester, Greater Manchester M43 6HW2
£155K03/210.36 mi13, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BN2
£210.5K11/230.36 mi17, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BN2
£180K11/230.37 mi32, Keston Avenue, Droylsden, Manchester, Greater Manchester M43 6BL2
£180K04/230.37 mi22, Keston Avenue, Droylsden, Manchester, Greater Manchester M43 6BL2
£128.5K03/210.37 mi9, Keston Avenue, Droylsden, Manchester, Greater Manchester M43 6BL2
£144K04/210.39 mi46, Delamere Street, Manchester, Greater Manchester M11 1JY2
£190K02/240.39 mi3, Foxley Close, Droylsden, Manchester, Greater Manchester M43 6HS2
£91.8K11/200.43 mi10, Meech Street, Manchester, Greater Manchester M11 2JL2
£175.8K07/230.43 mi28, Reading Close, Manchester, Greater Manchester M11 1UA2
£160K08/230.44 mi460, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6QZ2
£115K12/200.45 mi203, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JA2
£140K02/240.46 mi47, Courier Street, Manchester, Greater Manchester M18 8SY2
£150K08/210.48 mi317, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6LU2
£138K07/220.48 mi7, Franklyn Road, Manchester, Greater Manchester M18 8QX2
£115K04/210.49 mi271, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6HF2
£80K06/240.49 mi34, Longford Street, Manchester, Greater Manchester M18 8GQ2
£69K12/200.49 mi70, Longford Street, Manchester, Greater Manchester M18 8GQ2
£129K06/230.5 mi43, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£105K02/240.5 mi29, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£89K11/200.5 mi4, Burman Street, Manchester, Greater Manchester M11 1EY2
£100K04/210.5 mi39, Meech Street, Manchester, Greater Manchester M11 2JJ2
£153K05/210.51 mi25, Carpenters Walk, Droylsden, Manchester, Greater Manchester M43 6LZ2
£160.2K06/230.51 mi4, Ernocroft Grove, Manchester, Greater Manchester M18 8GB2
£138K05/240.51 mi46, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£112K12/210.51 mi20, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£160K01/230.51 mi26, Carpenters Walk, Droylsden, Manchester, Greater Manchester M43 6LZ2
£115K01/230.52 mi19, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£173K02/230.52 mi60, Hamnett Street, Droylsden, Manchester, Greater Manchester M43 6LW2
£141K07/230.52 mi8, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£125K07/210.52 mi36, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£130K03/240.52 mi13, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£135K03/210.53 mi31, Dargai Street, Manchester, Greater Manchester M11 4PW2
£125K08/230.53 mi51, Dargai Street, Manchester, Greater Manchester M11 4PW2
£133.5K03/210.53 mi229, Fairfield Road, Droylsden, Manchester, Greater Manchester M43 6AL2

Local Rents

52 rents from £800/mo to £2.4K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£92510/240.1 mi-2
£97506/240.16 miOld Lane, Manchester, M112
£1,20004/250.17 mi-2
£1,05003/250.18 mi-2
£1,05003/250.18 mi-2
£1,00005/240.2 miAshton Old Road, Manchester, Greater Manchester, M112
£1,20005/240.22 mi-2
£1,00005/240.23 miCampbell House, Ashton Road, Openshaw2
£1,02505/240.23 miCampbell House, Ashton Road, Openshaw2
£85004/250.24 mi-2
£1,29912/240.26 mi-2
£1,20004/250.26 mi-2
£95005/240.35 mi-2
£1,20005/240.37 miEastwood Avenue, Droyslden, M432
£97505/240.39 miKeston Avenue, Manchester, Greater Manchester, M92
£95005/240.4 mi-2
£95005/240.4 miMontana Square, Manchester, M112
£1,10011/240.41 mi-2
£80003/250.42 mi-2
£1,20003/250.42 miEccles Close, Manchester, M112
£90008/240.42 miBuxton Lane, Droylsden, Manchester, Greater Manchester, M432
£1,25012/240.43 mi-2
£90006/240.43 mi-2
£90005/240.43 miSt. Andrews Avenue, Droylsden, Manchester, M432
£90006/240.43 miSt. Andrews Avenue, Droylsden, Manchester, M432
£90012/240.46 mi-2
£90010/240.47 mi-2
£2,40003/250.48 mi-2
£1,15005/240.48 miGrapevine Avenue, Manchester, Greater Manchester, M182
£95005/240.49 miLongford Street, Manchester, M182
£1,15005/240.49 miRonald Street, Manchester, M112
£89005/240.49 mi-2
£89001/240.49 mi-2
£89005/240.49 mi-2
£89005/240.49 mi-2
£89005/240.49 mi-2
£89005/240.49 mi-2
£1,35005/240.5 mi-2
£87512/240.51 mi-2
£97503/250.51 mi-2
£97508/240.51 miHamnett Street, Droylsden, Manchester, M432
£82505/240.51 mi4 Maybury Street, Manchester, Greater Manchester, M18 8GP2
£1,30004/240.52 mi-2
£95005/240.52 mi-2
£95006/240.52 mi-2
£95012/240.52 mi-2
£90002/240.52 mi-2
£90002/240.52 mi-2
£95007/240.53 miManchester Road, Droylsden, Manchester, M432
£95007/240.53 miManchester Road, Droylsden, Manchester, M432
£87012/240.54 mi-2
£87012/240.54 mi-2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £170,000

March 20, 2025

Floor Plans

Description

Lancashire Properties are proud to present this TWO BED terraced house for sale in OPENSHAW in a high demand residential area, just OFF ASHTON OLD ROAD, M11. An ideal FMAILY HOME or BUY TO LET OPPORTUNITY. Excellently situated with the following benefits:
- Walking distance to all amenities including an Farmfoods, B&M Store, Morrisons and Lidl as well as take-ways and restaurants open till late on the main road.
- Centrally located with easy access to schools such as Seymour Road Academy, Droylsden Academy etc. all within easy walking distance.
- There is an excellent commute network with frequent buses - 216, 230, 231 linking towards Manchester City Centre.

Briefly comprising a Large Living Room and Kitchen with dining space on the Ground Floor; whereas, there are Two good sized Bedrooms and a Bathroom on the First Floor. Kitchen comprises of wall & base units with worktop incorporating a sink with mixer tap. Bathroom comprises of a WC, wash basin and bathtub fitted with shower mixer. Externally, there is a rear yard.

Excellent for investment as the property is within walking distance to all local amenities and next to public transport links making it quite attractive for prospective tenants.

Dimensions:

Ground floor

Reception Room ( 12' 5 X 13' 5" )
Double glazed window to the front aspect. Carpeted floor. Ceiling light point. Heating radiator. Electric points.

Kitchen ( 9' 6" X 13' 5" )
Double glazed window to the rear aspect. Ceiling light point. Electric points. Wall & base units with worktop incorporating a bowl sink with mixer tap. Access to rear yard.

First floor

Master Bedroom ( 13' 9" X 13' 5" )
Double glazed window to the front aspect. Carpeted floor. Ceiling light point. Heating radiator. Electric points.

Bedroom 2 ( 7' 6" X 10' 6" )
Double glazed window to the rear aspect. Carpeted floor. Ceiling light point. Heating radiator. Electric points.

Bathroom ( 5' 7" X 6' 10" )
Double glazed window to the rear aspect. Laminate floor. Ceiling light point. WC. Wash basin. Bathtub.

Notice:
The above property details should be considered as a general guide only for prospective purchasers. Lancashire Properties does not have any authority to give any warranty in relation to the property.
We would like to bring to the attention of any purchaser that we have endeavoured to provide a realistic description of the property, no specific survey or detailed inspection has been carried out relating to the property, services, appliances and any further fixtures and fittings/equipment.
If double glazing has been stated in the details , the purchaser is advised to satisfy themselves as to the type and amount of double glazing fitted to the property.
We recommend all buyers to carry out their own survey/investigations relating to the purchase of any of our properties.
The mention of any appliances and/or services within these sales particulars does not imply they are in full and efficient working order.
While we endeavour to make our property details accurate and reliable, if there is any point, which is of particular interest to you, please contact the office and we will be pleased to check the information.

Council Tax Band: A (Manchester City Council)
Tenure: Freehold

Agent Details

Lancashire Properties, Manchester

0161 524 2345

Next Steps?

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