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

103 Meech Street Openshaw M11 2JJ, Manchester - 2 views - 24 days ago

Leasehold
BTL
ROI: 3%
51 m²
+5 photos

ValuationOvervalued

Sold Prices£40K - £222K
Sold Prices/m²£513/m² - £4.7K/m²

 

 

Square Metres

51 m²
Price/m²£3.3K/m²

Value Estimate

£90,183

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£800 - £1,900

Rent Estimate

£860

Running Costs/mo

£723

Cashflow/mo

£137

Cashflow/yr

£1,641

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £40K to £222K, average is £136K. £513/m² to £4.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£91.8K11/200.02 mi10, Meech Street, Manchester, Greater Manchester M11 2JL2
£100K04/210.05 mi39, Meech Street, Manchester, Greater Manchester M11 2JJ2
£85K02/210.11 mi28, Connie Street, Manchester, Greater Manchester M11 2JT2
£75K02/210.11 mi17, Connie Street, Manchester, Greater Manchester M11 2JT2
£175.8K07/230.15 mi28, Reading Close, Manchester, Greater Manchester M11 1UA2
£130.1K02/230.21 mi17, Greenside Street, Manchester, Greater Manchester M11 2EX2
£101.5K11/210.23 mi12, Vincent Street, Manchester, Greater Manchester M11 2FU2
£105K03/230.23 mi12, Vincent Street, Manchester, Greater Manchester M11 2FU2
£163K06/230.43 mi665, Ashton New Road, Manchester, Greater Manchester M11 4QJ2
£132.1K01/230.46 mi54, Wheler Street, Manchester, Greater Manchester M11 1DF2
£145K12/200.47 mi16, Bendall Street, Manchester, Greater Manchester M11 1GE2
£118.5K10/220.47 mi77, Wheler Street, Manchester, Greater Manchester M11 1DT2
£137K10/230.48 mi9, Coatbridge Street, Manchester, Greater Manchester M11 4RL2
£222K02/230.53 mi15, Brinklow Close, Manchester, Greater Manchester M11 1NH2
£135K01/240.53 mi35, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.53 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£140K10/230.53 mi37, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.53 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£40K03/210.54 mi33, Stokes Street, Manchester, Greater Manchester M11 4SJ2
£155K01/240.54 mi89, Lees Street, Openshaw, Manchester, Greater Manchester M11 1NW2
£160K08/230.54 mi460, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6QZ2
£135K03/210.54 mi31, Dargai Street, Manchester, Greater Manchester M11 4PW2
£125K08/230.54 mi51, Dargai Street, Manchester, Greater Manchester M11 4PW2
£88K03/210.55 mi16, Tottington Street, Manchester, Greater Manchester M11 4WT2
£161K11/220.56 mi20, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£100K05/230.56 mi31, Powell Street, Clayton, Manchester, Greater Manchester M11 4GA2
£150K08/210.56 mi317, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6LU2
£126.5K09/210.56 mi17, Herne Street, Manchester, Greater Manchester M11 2AJ2
£150K08/230.56 mi14, Winslow Street, Manchester, Greater Manchester M11 2AY2
£122K11/220.56 mi1, Winslow Street, Manchester, Greater Manchester M11 2AY2
£110K11/230.56 mi19, Winslow Street, Manchester, Greater Manchester M11 2AY2
£100K10/230.56 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£159K04/210.57 mi2, Merton Drive, Droylsden, Manchester, Greater Manchester M43 6BH2
£145K08/230.57 mi13, Stanton Street, Manchester, Greater Manchester M11 4NH2
£146K01/230.57 mi7, Stanton Street, Manchester, Greater Manchester M11 4NH2
£117.5K07/230.57 mi29, Stanton Street, Manchester, Greater Manchester M11 4NH2
£173K02/230.58 mi60, Hamnett Street, Droylsden, Manchester, Greater Manchester M43 6LW2
£145K01/230.59 mi126, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£150K02/230.6 mi94, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£125K04/210.61 mi30, Glenolden Street, Manchester, Greater Manchester M11 4PT2
£148K11/210.61 mi4, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BJ2
£192K11/230.62 mi2, Mere Avenue, Droylsden, Manchester, Greater Manchester M43 6BF2
£155K03/210.62 mi13, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BN2
£210.5K11/230.62 mi17, Eastwood Avenue, Droylsden, Manchester, Greater Manchester M43 6BN2
£113K03/210.63 mi348, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£121K11/200.63 mi350, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£175K06/230.63 mi36, North Road, Manchester, Greater Manchester M11 4NG2
£110K02/210.64 mi174, Barrington Street, Manchester, Greater Manchester M11 4ED2
£130K09/230.64 mi166, Barrington Street, Manchester, Greater Manchester M11 4ED2
£197K01/240.64 mi14, Kirkham Avenue, Manchester, Greater Manchester M18 8WN2

Local Rents

35 rents from £800/mo to £1.9K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,10011/240.05 mi-2
£89005/240.06 mi-2
£89005/240.06 mi-2
£89001/240.06 mi-2
£89005/240.06 mi-2
£89005/240.06 mi-2
£89005/240.06 mi-2
£1,20003/250.14 miEccles Close, Manchester, M112
£1,10004/250.2 mi-2
£85004/250.21 mi-2
£89505/240.23 miCuthbert Copse, 3 Greenside Street, Beswick, Manchester, M112
£89506/240.23 miCuthbert Copse, 3 Greenside Street, Beswick, Manchester, M112
£1,05003/250.28 mi-2
£1,05003/250.28 mi-2
£1,20004/250.3 mi-2
£97506/240.31 miOld Lane, Manchester, M112
£99505/240.44 miAshton New Road, Manchester, M112
£92510/240.49 mi-2
£1,39503/250.52 mi-2
£1,10001/250.54 mi-2
£1,02503/250.54 mi-2
£1,35012/240.55 mi-2
£1,25001/250.55 mi-2
£1,15005/240.55 miRonald Street, Manchester, M112
£92503/250.56 mi-2
£1,90005/240.57 mi-2
£1,30004/250.57 mi-2
£97508/240.58 miHamnett Street, Droylsden, Manchester, M432
£1,05012/240.58 mi-2
£97503/250.58 mi-2
£99505/240.59 miStokes Street, Manchester, M112
£85004/250.6 mi-2
£1,20005/240.61 mi-2
£1,00002/240.61 mi-2
£80003/250.61 mi-2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £170,000

April 3, 2025

Description

  • Ideal for first-time buyers, small families, or couples seeking a move-in ready home in a popular neighbourhood. +
  • Excellent transport links to the city centre +
  • Leasehold property expiry date 24/06/2904 +
  • Council tax band A +
  • No vendor chain +
  • Brand new fitted kitchen +
  • Brand new fitted bathroom +
  • Conveniently located near local supermarkets, shops and restaurants +

This fully refurbished 2-bedroom terrace property in Openshaw is an excellent opportunity for those seeking a home that combines modern updates with traditional terrace style. Upon entering, you are welcomed into a bright and airy living room with a contemporary feel, perfect for entertaining or relaxing after a busy day. The spacious kitchen has been updated with new cabinetry, countertops, and integrated appliances, offering both functionality and style.
Upstairs, you will find two generous-sized bedrooms, both with plenty of natural light and fresh, neutral décor. The master bedroom is large enough for a double bed and additional furnishings, while the second bedroom makes for an ideal guest room or home office. The property benefits from a newly fitted bathroom, featuring sleek tiles and modern fixtures, creating a calming space.
The property also includes a small private rear yard, ideal for enjoying the outdoors in a low-maintenance space. The home has been refurbished throughout, ensuring energy efficiency, comfort, and peace of mind for the new owners. Located in the popular and vibrant area of Openshaw, the property is well-served by public transport links and is just a short distance from local shops, schools, and parks.

Agent Details

Chris Wilkinson, Irlam

0161 524 3414

Next Steps?

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