3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M43 6WH, £160,000

Easton Road, Droylsden, M43 6WH - 11 views - a month ago

Refurb/BRRR
ROI: 6%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£135K - £340K
Sold Prices/m²£1.3K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£160,000

 

 

End Value (After Refurb)

£211,271

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£39,200

Bridging Loan Interest

£4,200

Total Cash In

£94,350

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£211,271

Mortgage (After Refinance)

£158,453

Mortgage LTV

75%

Cash Released

£38,453

Cash Left In

£55,897

Equity

£52,818

Rent Range

£850 - £3,650

Rent Estimate

£1,414

Running Costs/mo

£963

Cashflow/mo

£451

Cashflow/yr

£5,412

ROI

6%

Gross Yield

11%

Local Sold Prices

50 sold prices from £135K to £340K, average is £197.2K. £1.3K/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£168K01/210 mi82, Easton Road, Droylsden, Manchester, Greater Manchester M43 6WH3
£200K06/230.02 mi61, Easton Road, Droylsden, Manchester, Greater Manchester M43 6NJ3
£215K08/230.03 mi77, Lewis Road, Droylsden, Manchester, Greater Manchester M43 6WR3
£211K06/210.09 mi52, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£235K11/230.09 mi7, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£235K02/240.09 mi14, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£239K02/230.09 mi38, Palm Street, Droylsden, Manchester, Greater Manchester M43 6WJ3
£216K05/230.11 mi18, Davids Road, Droylsden, Manchester, Greater Manchester M43 6WW3
£230K11/220.12 mi33, Nelson Drive, Droylsden, Manchester, Greater Manchester M43 6ND3
£195K12/200.12 mi37, Nelson Drive, Droylsden, Manchester, Greater Manchester M43 6ND3
£212.1K08/230.12 mi29, Nelson Drive, Droylsden, Manchester, Greater Manchester M43 6ND3
£223K07/230.12 mi11, Buckingham Road, Droylsden, Manchester, Greater Manchester M43 6WA3
£135K12/200.13 mi52, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6NB3
£290K09/220.13 mi3, Thornlea, Droylsden, Manchester, Greater Manchester M43 6WZ3
£160K06/210.14 mi71, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6WB3
£189.5K12/200.14 mi6, Easton Road, Droylsden, Manchester, Greater Manchester M43 6NH3
£234.5K05/230.14 mi8, Easton Road, Droylsden, Manchester, Greater Manchester M43 6NH3
£161K06/230.14 mi23, Easton Road, Droylsden, Manchester, Greater Manchester M43 6NH3
£168.5K06/210.14 mi24, Alderdale Drive, Droylsden, Manchester, Greater Manchester M43 6NN3
£135K02/210.14 mi25, Alderdale Drive, Droylsden, Manchester, Greater Manchester M43 6NN3
£198K03/210.14 mi16, Ashley Road, Droylsden, Manchester, Greater Manchester M43 6WP3
£222K09/230.14 mi8, Westfield Road, Droylsden, Manchester, Greater Manchester M43 6NQ3
£227.5K01/230.14 mi14, Westfield Road, Droylsden, Manchester, Greater Manchester M43 6NQ3
£169.4K12/200.14 mi6, Westfield Road, Droylsden, Manchester, Greater Manchester M43 6NQ3
£190K07/210.15 mi11, Lewis Road, Droylsden, Manchester, Greater Manchester M43 6NS3
£150K08/210.15 mi10, Lynn Drive, Droylsden, Manchester, Greater Manchester M43 6WQ3
£196.4K12/220.17 mi359, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JL3
£340K05/220.18 mi232, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD3
£220K12/230.18 mi208, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD3
£190K02/210.18 mi220, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD3
£264.9K01/230.18 mi212, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD3
£180K02/210.18 mi6, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6NA3
£220K04/210.18 mi16, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6NA3
£221.5K01/230.19 mi17, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£146K05/210.19 mi12, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£159K02/210.19 mi35, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£220K10/230.19 mi20, Ansdell Drive, Droylsden, Manchester, Greater Manchester M43 6NG3
£165K11/230.19 mi47, Holly Street, Droylsden, Manchester, Greater Manchester M43 6WL3
£188K02/210.19 mi39, Holly Street, Droylsden, Manchester, Greater Manchester M43 6WL3
£285K07/230.2 mi491, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JN3
£151.8K04/210.21 mi42, Holly Street, Droylsden, Manchester, Greater Manchester M43 6NL3
£190K03/230.21 mi22, North Road, Droylsden, Manchester, Greater Manchester M43 6LJ3
£200K04/230.22 mi15, Vernon Road, Droylsden, Manchester, Greater Manchester M43 6LF3
£210K07/230.22 mi14, Vernon Road, Droylsden, Manchester, Greater Manchester M43 6LF3
£153.5K05/210.23 mi6, Dovedale Avenue, Droylsden, Manchester, Greater Manchester M43 6LS3
£190K08/230.23 mi1, Dovedale Avenue, Droylsden, Manchester, Greater Manchester M43 6LS3
£166K12/220.24 mi356, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6QX3
£180K02/210.25 mi16, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£242K01/230.25 mi7, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3
£192K11/200.25 mi2, Lydgate Road, Droylsden, Manchester, Greater Manchester M43 6LD3

Local Rents

54 rents from £850/mo to £3.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25004/250.04 mi-3
£1,29508/240.09 mi-3
£1,29507/240.09 miPalm Street, Droylsden, Manchester, M433
£1,20006/240.1 miHolmlea Road, Manchester, M433
£1,27508/240.11 mi-3
£1,27508/240.11 mi-3
£1,15011/240.11 mi-3
£1,20007/240.12 miDawlish Avenue, Droylsden, 3
£1,20004/250.12 mi-3
£1,20004/250.14 mi-3
£3,65004/250.15 mi-3
£3,20003/250.16 mi-3
£1,40008/240.17 miLynn Drive, Droylsden, Manchester, M433
£1,35009/240.17 mi-3
£1,20005/240.18 mi-3
£1,20005/240.18 mi-3
£1,20005/240.18 mi-3
£1,20006/240.19 miAnsdell Drive, Droylsden, Tameside, M433
£1,40012/240.19 mi-3
£1,60008/240.21 mi-3
£1,60008/240.21 mi-3
£99510/240.22 mi-3
£1,32504/250.22 mi-3
£1,05008/240.22 miElm Grove, Manchester3
£1,20005/240.23 miChatsworth Road, Droylsden, Manchester3
£1,20003/250.25 mi-3
£1,29507/240.25 miLydgate Road, Droylsden, Manchester, M433
£1,30012/240.26 mi-3
£1,30012/240.26 mi-3
£1,17504/250.27 mi-3
£1,20006/240.29 mi-3
£1,20005/240.29 miManchester Road, Manchester, M433
£1,10004/250.29 mi-3
£1,30008/240.32 miPeakdale Road, Droylsden, M433
£2,80006/240.33 mi-3
£2,60003/250.33 mi-3
£2,80012/240.33 mi-3
£2,80012/240.33 mi-3
£1,20005/240.36 mi-3
£1,30001/240.37 mi-3
£1,28004/250.38 mi-3
£1,25003/250.38 mi-3
£1,20003/240.39 miRainow Avenue, Droylsden, Manchester, M433
£1,35001/240.4 mi-3
£1,19505/240.4 miAshdale Crescent, Droylsden, Manchester, M433
£1,15005/240.4 miAshdale Crescent, Manchester, Greater Manchester, M433
£1,20012/240.42 mi-3
£1,25003/250.44 mi-3
£85005/240.45 miEdge Lane Droylsden, Manchester, M433
£1,30006/240.45 mi-3
£1,30006/240.45 miAshdale Crescent, Droylsden, Manchester, M433
£1,40001/250.46 mi-3
£1,35004/250.46 mi-3
£1,20006/240.48 mi-3

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

4.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.22 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £160,000

March 24, 2025

Description

  • THREE BEDROOMED +
  • MID QUASI SEMI DETACHED +
  • TWO RECEPTION ROOMS +
  • GAS CENTRAL HEATING +
  • POPULAR LOCATION +
  • IN NEED OF MODERNISATION +
  • FRONT AND REAR GARDENS +
  • NO VENDOR CHAIN +
  • CLOSE TO TRANSPORT LINKS +
  • MUST BE VIEWED! +

* IDEAL PURCHASE FOR A WIDE RANGE OF BUYERS * POPULAR LOCATION***SLEIGH AND SON are delighted to welcome to the open market this THREE BEDROOMED MID QUASI SEMI DETACHED property for sale with NO VENDOR CHAIN. This home has been a welcoming family home for many years as well as having the benefits of a spacious lounge, SECOND RECEPTION ROOM, front and rear gardens, making this property an ideal purchase for a wide range of buyers. This property is located in a POPULAR residential estate within Droylsden, as well as being close to local schools, amenities and transport links into Manchester City centre. The property is warmed via gas central heating and uPVC double glazing is installed.

Briefly the accommodation comprises:- Lounge, reception room and kitchen to the ground floor. Three bedrooms and a bathroom to the first floor.

There is mains electric, gas, water (unmetered) and sewerage at the property. Traditional brick built, tiled roof. Council tax band A. Tenure - TBC

ENTRANCE HALL: Hardwood glazed door to the front elevation. Radiator. Storage cupboard. Light point. Doors into the lounge and kitchen. Staircase to the first floor.

LOUNGE: uPVC double glazed window to the front elevation. Radiator. Light and power points. Archway into the reception room.

RECEPTION ROOM: uPVC double glazed window to the rear elevation. Privacy glazed window to the kitchen. Gas fire. Radiator. Combi Boiler. Light and power points.

KITCHEN: uPVC double glazed exit door and window to the rear elevation. Fitted wall and base until with a stainless steel sink and drainer. Space for a cooker and fridge freezer. Tiled splashbacks. Radiator. Light and power points.

STAIRS AND LANDING: Loft hatch. Wall light. Power point. Doors into the bedrooms and bathroom.

MASTER BEDROOM: uPVC double glazed window to the front elevation. Fitted wardrobes. Radiator. Light and power points.

BEDROOM TWO: uPVC double glazed window to the rear elevation. Fitted wardrobes. Radiator. Light and power points.

BEDROOM THREE: uPVC double glazed window to the front elevation. Radiator. Light and power points.

BATHROOM: uPVC double glazed privacy window to the rear elevation. Panel bathtub with hot and cold taps, electric shower over. Hand wash basin with hot and cold taps. Low level w/c. Radiator. Light point.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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