3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M14 6TU, £230,000

Talbot Road, Fallowfield, Manchester, Greater Manchester, M14 6TU - 2 views - 16 days ago

Auction
Refurb/BRRR
ROI: 3%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£160K - £361.5K
Sold Prices/m²£2K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£232,300

 

 

End Value (After Refurb)

£270,983

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£39,200

Bridging Loan Interest

£6,038

Total Cash In

£117,188

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£270,983

Mortgage (After Refinance)

£203,237

Mortgage LTV

75%

Cash Released

£30,737

Cash Left In

£86,451

Equity

£67,746

Rent Range

£130 - £2,015

Rent Estimate

£1,498

Running Costs/mo

£1,166

Cashflow/mo

£332

Cashflow/yr

£3,979

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £160K to £361.5K, average is £273.8K. £2K/m² to £5.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£310K08/220.06 mi30, Wald Avenue, Manchester, Greater Manchester M14 6TE3
£315K01/230.07 mi90, Beverly Road, Manchester, Greater Manchester M14 6TH3
£292K10/210.07 mi84, Beverly Road, Manchester, Greater Manchester M14 6TH3
£240K10/200.07 mi68, Beverly Road, Manchester, Greater Manchester M14 6TH3
£303K06/210.07 mi41, Green Street, Manchester, Greater Manchester M14 6TD3
£275K06/210.09 mi2, Hove Drive, Manchester, Greater Manchester M14 6TF3
£267.5K08/210.11 mi58, Kingswood Road, Manchester, Greater Manchester M14 6RX3
£283K07/220.11 mi74, Kingswood Road, Manchester, Greater Manchester M14 6RX3
£198K02/210.11 mi43, Edgeworth Drive, Manchester, Greater Manchester M14 6RU3
£325K10/220.13 mi21, Green Street, Manchester, Greater Manchester M14 6TL3
£270K06/230.13 mi13a, Green Street, Manchester, Greater Manchester M14 6TL3
£265K04/210.15 mi20, Astor Road, Manchester, Greater Manchester M19 2LX3
£272.5K03/210.16 mi6, Orville Drive, Manchester, Greater Manchester M19 2JW3
£285K08/230.16 mi3, Orville Drive, Manchester, Greater Manchester M19 2JW3
£288.5K03/210.17 mi5, Santon Avenue, Manchester, Greater Manchester M14 6QZ3
£235K01/230.17 mi17, Meredith Street, Manchester, Greater Manchester M14 6ST3
£207.5K04/230.18 mi49, Lindleywood Road, Manchester, Greater Manchester M14 6QP3
£216.5K03/210.2 mi18, Lindleywood Road, Manchester, Greater Manchester M14 6GP3
£285K03/230.21 mi10, Lynton Drive, Manchester, Greater Manchester M19 2LQ3
£280K07/230.21 mi9, Lynton Drive, Manchester, Greater Manchester M19 2LQ3
£195K10/200.21 mi20, Abersoch Avenue, Manchester, Greater Manchester M14 6QQ3
£238.5K03/210.22 mi99, Burnside Drive, Manchester, Greater Manchester M19 2NA3
£345K08/230.23 mi9, Grangethorpe Drive, Manchester, Greater Manchester M19 2LR3
£287K03/210.23 mi7, Grangethorpe Drive, Manchester, Greater Manchester M19 2LR3
£230K03/210.23 mi48, Burnage Hall Road, Manchester, Greater Manchester M19 2JL3
£210K07/210.24 mi7, Mostyn Avenue, Manchester, Greater Manchester M14 6QG3
£200.5K04/210.24 mi20, Mostyn Avenue, Manchester, Greater Manchester M14 6QG3
£261K03/230.24 mi7, Mostyn Avenue, Manchester, Greater Manchester M14 6QG3
£325K06/210.25 mi14, Grangethorpe Drive, Manchester, Greater Manchester M19 2LG3
£240K12/200.25 mi41, Brookthorpe Avenue, Manchester, Greater Manchester M19 1AD3
£195K10/210.26 mi24, Abergele Road, Manchester, Greater Manchester M14 6GN3
£352K01/240.26 mi9, Connaught Avenue, Burnage, Manchester, Greater Manchester M19 2NW3
£310K06/210.26 mi9, Exbury Street, Manchester, Greater Manchester M14 6RF3
£230K03/210.27 mi48, Burnage Hall Road, Manchester, Greater Manchester M19 2JL3
£345K03/230.27 mi175, Parsonage Road, Manchester, Greater Manchester M20 4NL3
£340K03/230.27 mi167, Parsonage Road, Manchester, Greater Manchester M20 4NL3
£300K08/230.27 mi1, Devon Avenue, Manchester, Greater Manchester M19 2JH3
£310K02/230.27 mi15, Devon Avenue, Manchester, Greater Manchester M19 2JH3
£268K06/210.27 mi253, Mauldeth Road, Manchester, Greater Manchester M19 1AB3
£305K04/230.27 mi257, Mauldeth Road, Manchester, Greater Manchester M19 1AB3
£312.5K09/230.28 mi14, Lindsay Road, Manchester, Greater Manchester M19 2JG3
£361.5K12/220.28 mi9, Lindsay Road, Manchester, Greater Manchester M19 2LB3
£247.5K11/230.28 mi12, Egerton Terrace, Manchester, Greater Manchester M14 6RL3
£236K09/220.3 mi35, Colwyn Avenue, Manchester, Greater Manchester M14 6QN3
£335K12/230.3 mi4, Hembury Avenue, Manchester, Greater Manchester M19 1FH3
£267.5K08/210.31 mi4, Parrs Wood Road, Manchester, Greater Manchester M20 4NJ3
£322.5K08/210.32 mi86, Burnage Lane, Manchester, Greater Manchester M19 2WL3
£252K03/210.33 mi1, Calverley Avenue, Manchester, Greater Manchester M19 2JR3
£180K02/210.33 mi275, Kingsway, Manchester, Greater Manchester M19 1AN3
£160K03/210.33 mi192, Brailsford Road, Manchester, Greater Manchester M14 6QA3

Local Rents

50 rents from £130/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.07 miBeverly Road, Manchester, Greater Manchester, M143
£1,49505/240.12 miEdgeworth Drive, Fallowfield, M14 6RU3
£1,79405/240.13 miSt Georges Road, Fallowfield, M143
£1,50005/240.13 miSt. Georges Road, Manchester, M143
£1,50006/240.13 miSt. Georges Road, Manchester, M143
£1,50006/240.13 miSt. Georges Road, Manchester, M143
£1,50012/240.13 mi-3
£1,50012/240.13 mi-3
£1,88505/240.14 miKingswood Road, M14 7PU3
£1,88505/240.14 miKingswood Road, M14 7PU3
£1,30005/240.14 miKingswood Road, Manchester, M14 6SB3
£1,79405/240.16 miHolcombe Road, Fallowfield, Manchester, M143
£1,79405/240.16 miHolcombe Road, Fallowfield, Manchester, M143
£13005/240.16 miGreen Street, Manchester, 3
£1,20005/240.17 miBeverly Road, Manchester, Greater Manchester, M143
£1,19503/240.19 miPensarn Avenue, M143
£1,40005/240.2 miKingswood Road, Fallowfield3
£1,17005/240.21 miSherlock Street, Fallowfield, M143
£1,50012/240.22 mi-3
£1,75012/240.23 mi-3
£1,40005/240.23 miBurnage Hall Road, Burnage, M193
£1,70005/240.24 miMauldeth Road, Withington, M14 6SQ3
£1,45006/240.25 miGrangethorpe Drive, Manchester, M19 2LG3
£1,40012/240.25 mi-3
£1,24505/240.25 miLindleywood Road, Manchester, Greater Manchester, M143
£54205/240.26 miExbury Street, Manchester, 3
£60705/240.26 miExbury Street, Manchester, 3
£54205/240.26 miExbury Street, Manchester , 3
£56305/240.26 miExbury Street, Manchester, 3
£56305/240.26 miExbury Street, Manchester , 3
£1,40005/240.27 miRoyle Street, Manchester, Greater Manchester, M143
£1,60012/240.27 mi-3
£1,60002/250.28 mi-3
£1,57503/250.28 mi-3
£1,56005/240.33 miCedar Grove, Fallowfield, Manchester, M143
£1,56005/240.33 miBrailsford Road, Fallowfield, Manchester, M143
£1,56005/240.33 miBrailsford Road, Fallowfield3
£1,59503/250.33 mi-3
£1,43005/240.34 miBrailsford Road, Manchester, M143
£2,01505/240.34 miBrailsford Road. Bills included, Fallowfield, M14 6PZ3
£1,30003/250.34 mi-3
£1,30005/240.34 miBrailsford Road, Fallowfield, M143
£1,43002/240.34 mi-3
£1,35005/240.35 miBrailsford Road, Fallowfield, Manchester, M143
£1,95005/240.35 miBrailsford Road, Fallowfield3
£39005/240.35 miBrailsford Road, Manchester, Greater Manchester, M143
£1,59506/240.35 miSt Chad's Road, Withington3
£1,30005/240.35 miBrailsford Road, Fallowfield, Manchester, M143
£1,60005/240.36 miAlexandra Drive, Burnage, Manchester3
£1,50005/240.36 miThorn Grove, Fallowfield, Manchester M14 6YJ3

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

2.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £230,000

March 20, 2025

Floor Plans

Description

- For Sale via Modern Method Of Auction (T's & C's apply)

Situated in a highly sought-after location, this three-bedroom semi-detached property offers an exciting opportunity for buyers to create their ideal family home. Located in the heart of Ladybarn, Fallowfield, the property boasts excellent access to the A34, making commuting into Manchester and Stockport effortless. With convenient public transport links, including bus stops and Mauldeth Road train station nearby, travel is made easy.

For outdoor enthusiasts, Ladybarn Park is just a short walk away, providing ample green space to enjoy leisure time with the family. The area is also home to a number of good local schools, making it ideal for families looking to settle in a vibrant community.

Offered to the market via the modern method of auction with no onward vendor chain, the property is in need of modernisation but presents a fantastic opportunity for those wanting to add their personal touch. The accommodation briefly comprises of an entrance hallway, a bay-fronted living room, a spacious dining room, and a kitchen extension to the ground floor. To the first floor, you'll find three bedrooms and a family bathroom.

The property is set on a generous corner plot, with driveway parking to the front and ample garden space to the front, side, and rear—perfect for outdoor living or potential future expansion.

This property offers incredible potential and is a great choice for those looking to invest in a home in a prime location, with the opportunity to modernise and make it your own.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Agent Details

Bridgfords, Withington

0161 524 2534

Next Steps?

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