3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M13 0YD, £265,000

Alwyn Drive, Longsight, M13 0YD - 15 days ago

Refurb/BRRR

ROI: 5%

~93 m²

+13 photos

ValuationOvervalued

Sold Prices	£63K - £300K
Sold Prices/m²	£1.3K/m² - £3.9K/m²

Square Metres	~93 m²
Price/m²	£2.8K/m²
Value Estimate	£199,286£199,286

End Value (After Refurb)	£245,000£245,000

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£66,250£66,250
Stamp Duty & Legal Fees	£17,700£17,700
Refurb Costs	£39,324£39,324
Bridging Loan Interest	£6,956£6,956
Total Cash In	£131,980£131,980

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£245,000£245,000
Mortgage (After Refinance)	£183,750£183,750
Mortgage LTV	75%75%
Cash Left In	£131,980£131,980
Equity	£61,250£61,250
Rent Range	£602 - £2,500£602 - £2,500
Rent Estimate	£1,648
Running Costs/mo	£1,115£1,115
Cashflow/mo	£533£533
Cashflow/yr	£6,393£6,393
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £63K to £300K, average is £200K. £1.3K/m² to £3.9K/m², average is £2.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£240K	04/22	0.02 mi	5, Alwyn Drive, Manchester, Greater Manchester M13 0YD	£2,963	81	3	Semi-Detached House
£150K	12/20	0.04 mi	103, Clarence Road, Manchester, Greater Manchester M13 0ZE	£1,415	106	3	Terraced House
£190K	11/22	0.04 mi	19, Allingham Street, Manchester, Greater Manchester M13 0ZF	£2,043	93	3	Terraced House
£235K	06/24	0.09 mi	32, Clarence Road, Manchester, Greater Manchester M13 0YE	£2,938	80	3	Semi-Detached House
£200K	08/24	0.14 mi	45, Bankfield Avenue, Manchester, Greater Manchester M13 0YQ	£2,247	89	3	Terraced House
£135K	04/21	0.14 mi	45, Bankfield Avenue, Manchester, Greater Manchester M13 0YQ	£1,517	89	3	Terraced House
£200K	04/21	0.14 mi	17, Bankfield Avenue, Manchester, Greater Manchester M13 0YQ	£2,198	91	3	Terraced House
£176.5K	02/21	0.18 mi	36, Swayfield Avenue, Manchester, Greater Manchester M13 0NQ	-	-	3	Semi-Detached House
£192K	02/21	0.21 mi	18, Newton Avenue, Longsight, Manchester, Greater Manchester M12 4EW	-	-	3	Semi-Detached House
£180K	02/23	0.22 mi	15, Beckfoot Drive, Manchester, Greater Manchester M13 0XA	£1,765	102	3	Terraced House
£235K	08/22	0.25 mi	25, Rainforth Street, Manchester, Greater Manchester M13 0RP	£1,794	131	3	Terraced House
£185K	06/21	0.27 mi	33, Richmond Grove, Manchester, Greater Manchester M13 0DS	£1,697	109	3	Terraced House
£245K	08/21	0.28 mi	66, Slade Grove, Manchester, Greater Manchester M13 0SJ	£1,815	135	3	Semi-Detached House
£170K	07/22	0.28 mi	80, Slade Grove, Manchester, Greater Manchester M13 0SJ	£1,828	93	3	Semi-Detached House
£245K	08/21	0.28 mi	66, Slade Grove, Manchester, Greater Manchester M13 0SJ	£1,815	135	3	Semi-Detached House
£270K	04/22	0.31 mi	60, Clitheroe Road, Manchester, Greater Manchester M13 0QU	£3,214	84	3	Semi-Detached House
£220K	09/22	0.31 mi	13, Littlehaven Close, Manchester, Greater Manchester M12 4DS	-	-	3	Terraced House
£230K	05/23	0.32 mi	11a, Portland Road, Manchester, Greater Manchester M13 0SA	£2,771	83	3	Terraced House
£195K	01/23	0.33 mi	17, Slade Grove, Manchester, Greater Manchester M13 0QF	£2,068	94	3	Terraced House
£217K	07/21	0.33 mi	69, Clitheroe Road, Manchester, Greater Manchester M13 0QU	£2,614	83	3	Semi-Detached House
£201.6K	10/23	0.33 mi	78, Clitheroe Road, Manchester, Greater Manchester M13 0QU	-	-	3	Terraced House
£217K	07/21	0.33 mi	69, Clitheroe Road, Manchester, Greater Manchester M13 0QU	£2,614	83	3	Semi-Detached House
£300K	05/23	0.34 mi	54, Bexhill Drive, Manchester, Greater Manchester M13 0RD	£2,970	101	3	Semi-Detached House
£245K	11/22	0.35 mi	15, Meldreth Drive, Manchester, Greater Manchester M12 4NB	-	-	3	Terraced House
£220K	01/24	0.35 mi	13, Norman Grove, Manchester, Greater Manchester M12 5GJ	£2,785	79	3	Terraced House
£243K	02/22	0.36 mi	77, Duncan Road, Manchester, Greater Manchester M13 0GU	-	-	3	Semi-Detached House
£216K	07/21	0.37 mi	71, Duncan Road, Manchester, Greater Manchester M13 0GU	-	-	3	Semi-Detached House
£165K	12/20	0.37 mi	50, Duncan Road, Manchester, Greater Manchester M13 0GU	£1,701	97	3	Terraced House
£282.5K	02/24	0.37 mi	75, Duncan Road, Manchester, Greater Manchester M13 0GU	£2,260	125	3	Semi-Detached House
£264K	01/21	0.38 mi	5, Hanover Crescent, Manchester, Greater Manchester M14 5PA	£3,106	85	3	Semi-Detached House
£220K	10/22	0.38 mi	1, Berigan Close, Manchester, Greater Manchester M12 4QT	-	-	3	Terraced House
£130K	05/23	0.43 mi	14, Macfarren Street, Manchester, Greater Manchester M12 4WX	-	-	3	Terraced House
£260K	03/24	0.43 mi	9, Rushford Street, Manchester, Greater Manchester M12 4WZ	£3,939	66	3	Semi-Detached House
£165K	05/21	0.43 mi	25, Rushford Street, Manchester, Greater Manchester M12 4WZ	-	-	3	Terraced House
£180K	12/21	0.44 mi	29, Montgomery Road, Manchester, Greater Manchester M13 0PW	£1,748	103	3	Semi-Detached House
£180K	12/21	0.44 mi	29, Montgomery Road, Manchester, Greater Manchester M13 0PW	£1,748	103	3	Semi-Detached House
£210K	04/24	0.45 mi	35, Cochrane Avenue, Manchester, Greater Manchester M12 4WD	£2,626	80	3	Terraced House
£180K	05/21	0.45 mi	46, Parry Road, Manchester, Greater Manchester M12 5QD	£2,769	65	3	Semi-Detached House
£165K	11/21	0.45 mi	49, Rushford Street, Manchester, Greater Manchester M12 4WY	£2,143	77	3	Terraced House
£180K	02/22	0.46 mi	24, Farrant Road, Manchester, Greater Manchester M12 4PD	£2,069	87	3	Semi-Detached House
£140.5K	09/22	0.46 mi	18, Meldon Road, Manchester, Greater Manchester M13 0TT	-	-	3	Semi-Detached House
£225K	05/23	0.46 mi	18, Farrant Road, Manchester, Greater Manchester M12 4PD	£2,296	98	3	Semi-Detached House
£210K	12/22	0.46 mi	16, Farrant Road, Manchester, Greater Manchester M12 4PD	£2,917	72	3	Semi-Detached House
£104K	09/22	0.47 mi	9, Welby Street, Manchester, Greater Manchester M13 0EL	£1,300	80	3	Terraced House
£63K	11/23	0.48 mi	21, Buller Road, Manchester, Greater Manchester M13 0PP	-	-	3	Semi-Detached House
£170K	06/21	0.49 mi	77, Northmoor Road, Manchester, Greater Manchester M12 4PE	£1,619	105	3	Semi-Detached House
£207K	04/24	0.49 mi	77, Northmoor Road, Manchester, Greater Manchester M12 4PE	£1,971	105	3	Semi-Detached House
£168K	08/21	0.49 mi	11, Olney Street, Manchester, Greater Manchester M13 0EN	-	-	3	Terraced House
£198K	02/21	0.49 mi	20, Oadby Close, Manchester, Greater Manchester M12 4WJ	£2,829	70	3	Semi-Detached House
£198K	02/21	0.49 mi	20, Oadby Close, Manchester, Greater Manchester M12 4WJ	£2,829	70	3	Semi-Detached House

Local Rents

45 rents from £602/mo to £2.5K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£676	05/24	0.13 mi	331, Dickenson Road, Manchester	3	Flat
£1,500	05/24	0.15 mi	Longford Place, Manchester	3	Semi-Detached House
£2,500	05/24	0.21 mi	7 , M14	3	Terraced House
£2,080	05/24	0.21 mi	Victoria Groves, Gove Village	3	Flat
£2,210	05/24	0.21 mi	Plymouth Grove, Victoria Park, Manchester	3	Flat
£2,080	02/24	0.21 mi	Victoria Groves, Grove Village	3	Flat
£2,210	02/24	0.21 mi	Victoria Groves, Grove Village	3	Flat
£2,210	05/24	0.21 mi	Victoria Groves, Grove Village	3	Flat
£2,210	05/24	0.21 mi	Victoria Groves, Grove Village	3	Flat
£2,210	05/24	0.21 mi	Victoria Groves, Grove Village	3	Flat
£1,695	12/24	0.3 mi	-	3	Semi-Detached House
£1,976	05/24	0.32 mi	Birchfields Road, 3 bed, Victoria Park, Manchester	3	Flat
£1,976	05/24	0.32 mi	Birchfields Road, 3 bed, Victoria Park, Manchester	3	Flat
£1,976	05/24	0.33 mi	Birchfields Road, Rusholme, Manchester, M13	3	Flat
£1,820	05/24	0.36 mi	Daisy Bank Road, Manchester, Greater Manchester, M14	3	Flat
£1,820	05/24	0.36 mi	Daisy Bank Road, Manchester, Greater Manchester, M14	3	Flat
£1,200	05/24	0.36 mi	Milverton Road, Manchester, Greater Manchester, M14	3	Semi-Detached House
£1,560	05/24	0.38 mi	Hanover Crescent, Rusholme	3	Flat
£1,875	05/24	0.39 mi	Anson Road, Manchester, M14	3	Flat
£1,875	05/24	0.39 mi	Anson Road, Manchester, M14	3	Flat
£1,800	03/24	0.4 mi	£139 pp/pwk, Eston St., Victoria Park, Manchester, M13	3	House
£1,800	05/24	0.41 mi	£139 pp/pwk, Denham Street,Victoria Park,Manchester,M13	3	Flat
£1,034	12/24	0.42 mi	-	3	Flat
£1,250	05/24	0.44 mi	Sarnesfield Close, Longsight	3	Detached House
£1,550	05/24	0.44 mi	Kirkmanshulme Lane, Manchester, M12	3	Detached House
£1,456	05/24	0.45 mi	Montgomery Road, Manchester	3	Flat
£1,800	05/24	0.45 mi	£139 pp/pwk, Welby Street, Victoria Park, Manchester, M1	3	Flat
£602	05/24	0.45 mi	£1800 PCM, Welby Street, Victoria Park, Manchester, M1	3	Flat
£1,750	04/25	0.48 mi	-	3	Semi-Detached House
£1,595	05/24	0.49 mi	Omer Avenue, Manchester, M13	3	Semi-Detached House
£1,600	05/24	0.5 mi	Schuster Road, Victoria Park, M14	3	House
£1,635	05/24	0.51 mi	Daisy Bank Road, Manchester, M14	3	Flat
£1,650	12/24	0.53 mi	-	3	Semi-Detached House
£1,650	06/24	0.53 mi	Schuster Rd, Rusholme, M14	3	Semi-Detached House
£1,500	12/24	0.55 mi	-	3	Semi-Detached House
£1,295	05/24	0.55 mi	Reynell Road, Longsight, Manchester, M13	3	Terraced House
£1,820	05/24	0.56 mi	Dickenson Road, Fallowfield, Manchester, M14	3	Flat
£1,586	05/24	0.57 mi	Flat 7, 301 Upper Brook Street, Manchester, Greater Manchester, M13	3	Flat
£1,128	05/24	0.58 mi	Schuster Road, Manchester, M14	3	Terraced House
£1,250	05/24	0.59 mi	18 Tarrington Close, Manchester, Greater Manchester, M12	3	Detached House
£1,250	03/25	0.6 mi	-	3	Terraced House
£1,365	05/24	0.61 mi	Olivia Grove, Rusholme, M14	3	Terraced House
£1,500	05/24	0.61 mi	Ellerslie Court, Upper Park Road, M14	3	Flat
£1,365	05/24	0.61 mi	Olivia Grove, M14	3	Terraced House
£1,350	05/24	0.62 mi	Ellerslie Court, Upper Park Road, Manchester, M14	3	Flat

Local Area Statistics

Population in M13	22,70522,705
Population in Manchester	920,095920,095
Town centre distance	1.85 miles away1.85 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.02 miles away1.02 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	+13%+13%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+55%+55%

Property History

Listed for £265,000

March 28, 2025

Floor Plans

Description

Two Large Reception Rooms +
Large Garden +
Brand New windows +
Close to local amenities +
No Chain! +
Virtual Viewing Tour Available +

Nestled in a popular residential area, this three-bedroom semi-detached home on Alwyn Drive offers a fantastic opportunity for buyers looking to put their own stamp on a property. Boasting two spacious reception rooms with large windows, this home enjoys an abundance of natural light, creating a bright and airy living space. The property features three bedrooms—two generous doubles and a well-sized single—ideal for families or those needing extra space for a home office. To the rear, a large garden provides plenty of outdoor space for relaxation, entertaining, or future landscaping potential. While modernisation is required, the property has recently benefited from brand-new windows (installed less than six months ago), offering a great starting point for further improvements. Conveniently located close to local amenities, schools, and transport links, this home presents an exciting refurbishment opportunity in a sought-after location. Contact us today to arrange a viewing! No Chain!

Agent Details

Edward Mellor Ltd, Levenshulme

0161 524 5302

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

3 Bed House, Refurb/BRRR, Manchester, M13 0YR

£235,000

2 views • a year ago • 83 m²

2 Bed House, Refurb/BRRR, Manchester, M12 4PB

£150,000

1 views • 11 days ago • 68 m²

2 Bed House, Refurb/BRRR, Manchester, M14 5TX

£349,950

4 views • 9 months ago • 68 m²