3 Bed Terraced House, Single Let, Manchester, M9 8QE, £170,000

Villa , Lakeside Rise, Blackley, M9 8QE - 2 views - 9 days ago

Leasehold
Auction
BTL
ROI: 9%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£70K - £424K
Sold Prices/m²£675/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£208,963
BMV23%

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

£550 - £2,500

Rent Estimate

£1,200

Running Costs/mo

£791

Cashflow/mo

£409

Cashflow/yr

£4,905

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £70K to £424K, average is £187K. £675/m² to £3.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£164.5K12/200.04 mi21, Lakeside Rise, Manchester, Greater Manchester M9 8QD3
£260K07/230.09 mi20, Hill Crescent, Manchester, Greater Manchester M9 8EX3
£280K09/220.14 mi7, Ellbourne Road, Manchester, Greater Manchester M9 8EU3
£292K07/210.14 mi15, Ellbourne Road, Manchester, Greater Manchester M9 8EU3
£385K07/220.15 mi320, Blackley New Road, Manchester, Greater Manchester M9 8FG3
£230K03/210.16 mi328, Blackley New Road, Manchester, Greater Manchester M9 8FG3
£273K10/230.19 mi166, Blackley New Road, Manchester, Greater Manchester M9 8FQ3
£155K11/200.19 mi200, Blackley New Road, Manchester, Greater Manchester M9 8FQ3
£182K06/230.19 mi238, Blackley New Road, Manchester, Greater Manchester M9 8FQ3
£270K06/230.19 mi164, Blackley New Road, Manchester, Greater Manchester M9 8FQ3
£250K09/220.23 mi22, Mariman Drive, Manchester, Greater Manchester M8 4PT3
£167.5K11/200.28 mi11, Dinorwic Close, Manchester, Greater Manchester M8 4FT3
£250K12/220.28 mi18, Dinorwic Close, Manchester, Greater Manchester M8 4FT3
£170K08/230.28 mi114, Chudleigh Road, Manchester, Greater Manchester M8 4PG3
£210K10/200.29 mi3, Roch Bank, Manchester, Greater Manchester M9 8FL3
£142K06/210.29 mi10, Sankey Grove, Manchester, Greater Manchester M9 8JF3
£230K01/210.32 mi103, Wilton Road, Crumpsall, Manchester, Greater Manchester M8 4PD3
£261K03/210.32 mi129, Wilton Road, Crumpsall, Manchester, Greater Manchester M8 4PD3
£180K07/230.32 mi1, Galvin Road, Manchester, Greater Manchester M9 8HX3
£150K10/230.33 mi37, Chudleigh Road, Manchester, Greater Manchester M8 4PW3
£140K08/210.33 mi25, Herristone Road, Manchester, Greater Manchester M8 4PL3
£240K10/220.34 mi64, Wilton Road, Crumpsall, Manchester, Greater Manchester M8 4EP3
£216K01/230.36 mi2, Bodney Walk, Manchester, Greater Manchester M9 8JY3
£140K01/210.38 mi260, Middleton Road, Manchester, Greater Manchester M8 4WA3
£149K01/210.39 mi90, Brynorme Road, Manchester, Greater Manchester M8 4QW3
£133K10/200.4 mi45, Cudworth Road, Manchester, Greater Manchester M9 8PG3
£133K10/200.4 mi45, Cudworth Road, Manchester, Greater Manchester M9 8PG3
£211.5K10/210.4 mi23, Atherstone Avenue, Manchester, Greater Manchester M8 4PE3
£100K12/200.4 mi19, Atherstone Avenue, Manchester, Greater Manchester M8 4PE3
£180K12/200.4 mi4, Atherstone Avenue, Manchester, Greater Manchester M8 4PE3
£231K10/220.4 mi4, Atherstone Avenue, Manchester, Greater Manchester M8 4PE3
£155K12/200.41 mi47, Brynorme Road, Manchester, Greater Manchester M8 4GN3
£224.5K12/220.41 mi17, Atherstone Avenue, Manchester, Greater Manchester M8 4PE3
£400K02/210.42 mi301, Middleton Road, Manchester, Greater Manchester M8 4LY3
£148K10/200.42 mi79, Kearsley Road, Manchester, Greater Manchester M8 4QJ3
£192K07/230.43 mi30, Cudworth Road, Manchester, Greater Manchester M9 8PE3
£130K10/200.43 mi30, Cudworth Road, Manchester, Greater Manchester M9 8PE3
£142.5K02/210.43 mi8, Cudworth Road, Manchester, Greater Manchester M9 8PE3
£332K11/230.44 mi34, Boardman Road, Manchester, Greater Manchester M8 4FH3
£70K02/210.45 mi65, Bank House Road, Manchester, Greater Manchester M9 8LY3
£145K05/210.45 mi59, Bank House Road, Manchester, Greater Manchester M9 8LY3
£155K07/230.45 mi19, Cudworth Road, Manchester, Greater Manchester M9 8PL3
£140K05/210.45 mi15, Cudworth Road, Manchester, Greater Manchester M9 8PL3
£163K12/230.45 mi9, Solent Avenue, Manchester, Greater Manchester M8 4QA3
£250K07/230.45 mi11, Hillwood Avenue, Manchester, Greater Manchester M8 4LU3
£230K12/230.46 mi82, Cleveland Road, Crumpsall, Manchester, Greater Manchester M8 4QY3
£125K08/230.46 mi59, Broomhall Road, Manchester, Greater Manchester M9 8PB3
£243K07/210.46 mi19, Kearsley Road, Manchester, Greater Manchester M8 4GH3
£230K12/200.47 mi9, Wilton Road, Crumpsall, Manchester, Greater Manchester M8 4NG3
£424K03/230.47 mi14, Wilton Road, Crumpsall, Manchester, Greater Manchester M8 4WQ3

Local Rents

50 rents from £550/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,50007/240.04 miLakeside Rise, Manchester, M9 8QD3
£1,30008/240.08 mi-3
£1,30008/240.08 mi-3
£55003/250.11 mi-3
£1,30002/250.12 mi-3
£1,30007/240.31 miWilton Road, Crumpsall, Manchester, Greater Manchester, M83
£1,50012/240.32 mi-3
£1,20004/240.33 mi-3
£1,20005/240.33 miWelford Road, Manchester, M83
£1,15006/240.35 miNorthbrook Avenue, Crumpsall, Manchester, M83
£1,55005/240.37 mi-3
£1,16503/250.39 mi-3
£1,25005/240.4 miMaldwyn Avenue, Manchester3
£1,35006/240.41 mi-3
£1,15005/240.41 mi-3
£1,20005/240.41 mi-3
£1,13006/240.42 mi-3
£1,18505/240.42 miAtherstone Avenue, Manchester, M83
£1,15005/240.42 miAtherstone Avenue, Manchester, M83
£1,25003/250.44 mi-3
£1,09502/240.46 mi-3
£1,45005/240.49 mi-3
£1,45005/240.49 mi-3
£1,45012/240.49 mi-3
£1,20002/240.5 mi-3
£1,45003/250.52 mi-3
£2,50001/250.54 mi-3
£1,20007/240.55 miBoardman Road, Manchester, M83
£1,20008/240.55 mi-3
£1,20003/250.55 mi-3
£1,25007/240.56 miSilverlea Drive, Manchester3
£1,35003/250.56 mi-3
£1,30008/240.56 mi-3
£1,20007/240.56 miTweedle Hill Road, Manchester, M93
£1,20007/240.56 miTweedle Hill Road, Manchester, M93
£1,30007/240.56 miTweedle Hill Road, Manchester, M93
£1,15008/240.56 miTweedle Hill Road, Manchester, Greater Manchester, M93
£1,30003/250.56 mi-3
£1,40005/240.57 miDelaunays Road, Manchester, Greater Manchester, M83
£1,79507/240.57 mi-3
£1,79507/240.57 mi-3
£1,79506/240.57 miMiddleton Road, Crumpsall, M83
£1,79507/240.57 miMiddleton Road, Crumpsall, M83
£1,20005/240.58 miArdern Road, Manchester3
£1,09502/250.58 mi-3
£1,35003/250.59 mi-3
£1,37501/240.6 mi-3
£1,25005/240.6 miMeade Hill Road, Prestwich, Manchester, M25 0DH3
£1,35003/250.6 mi-3
£1,20005/240.61 miSheepfoot Lane, Prestwich3

Local Area Statistics

Population in M9

39,412

Population in Manchester

920,095

Town centre distance

4.93 miles away

Nearest school

0.40 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+45%

Sales demand

Seller's market

Capital growth (5yrs)

+60%

Property History

Listed for £170,000

March 21, 2025

Floor Plans

Description

  • To be sold by auction +
  • Three bedrooms and two bathrooms +
  • Gas central heating and double glazing +
  • EPC rating C +
  • Sought after location overlooking woodland +

TO BE SOLD BY ONLINE AUCTION ON 23RD APRIL 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS. Villa 41, Lakeside Rise, Blackley, M9 8QF Townhouse over three floors with hall, garage, WC and bedroom three on the ground floor. To the first floor is the spacious open plan living space with the two further bedrooms (one with en-suite) and bathroom on the second floor. Two balconies overlooking the woodland to rear. Gas central heating and double glazing. Vacant possession. VIRTUAL VIEWING AVAILABLE Lakeside Rise is directly off Blackley New Road which runs between Old Market Street and Middleton Road (A576), close to the Crumpsall and Prestwich borders. The property is well placed for access to a good range of amenities and facilities including North Manchester General Hospital, Co-op Academy Manchester, Heaton Park, Plant Hill Park and Boggart Hole Clough plus local shops, supermarkets, schools and Bowker Vale Metrolink. Tenant ready property rental values in the area are in the region of £1100 to £1300 per month. EPC rating C. Sold as seen.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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