Hills says ..
CALLING INVESTORS! A TWO BEDROOM TERRACED HOUSE WITH SITTING TENANTS OFFERING A 6% ANNIAL YIELD. The property is presented
Property Oracle says ..
This two-bedroom terraced house in Manchester’s M11 postcode presents a mixed bag. The location offers access to public transport links and various schools, but further research is needed to evaluate the desirability of the immediate neighborhood and access to local amenities. The property’s condition is average; whilst structurally sound, it shows signs of wear and tear and could benefit from modernization and tidying. The lack of a garden or outdoor space is a notable drawback, typical for properties of this type in the area. The listing price of £150,000 is arguably competitive given the size, location, condition, and lack of land; however, the absence of accurate local price-per-square-foot data hinders precise valuation. Investors might consider the presence of sitting tenants, as mentioned in the listing, and the potential rental yield. Overall, the property appears suitable for first-time buyers, investors, or those seeking an affordable entry point into the Manchester housing market. However, potential buyers should factor in potential refurbishment costs. The lack of available information about the nearby properties’ sizes makes comparison difficult, and further research on the area would provide a more refined market perspective.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 5
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 780.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 480,222.00 £Decreased by 47.72 %
- Est sale value
- 443,040.00 £Decreased by 10.13 %
- Average area rental value
- 1,868.00 £/moIncreased by 9.11 %
- Est letting value
- 1,560.00 £/moIncreased by 100.00 %
- Est rental Yield
- 4.67 %Increased by 108.48 %
- Crime Rate
- 0.00 %
Agent Activity
Hills created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Co-Op Academy Belle Vue | Free Schools | 0.24 KM | |
| Connell Coop College | Free Schools 16 To 19 | Good | 0.31 KM |
| Bridge College | Special Post 16 Institution | Good | 0.42 KM |
| The East Manchester Academy | Academy Sponsor Led | Special Measures | 0.50 KM |
| St Brigid'S Rc Primary School | Voluntary Aided School | Good | 0.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Holroyd Street | £ 0 | 0 | 0.00 KM |
| Mill Street | £ 0 | 0 | 0.00 KM |
| Allison Way | £ 0 | 0 | 0.00 KM |
| Allison Way | £ 0 | 0 | 0.00 KM |
| Assisi Gardens | £ 240,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ashburys | 2941 | ABY | 0.69 KM |
| Belle Vue | 2785 | BLV | 1.94 KM |
| Ardwick | 2960 | ADK | 2.63 KM |
| Gorton | 2962 | GTO | 2.83 KM |
| Ryder Brow | 2977 | RRB | 2.95 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Winslow Street, Manchester, M11 | £ 190,000 | BUY | 5 / 10 | 0.04 KM |
| Dulgar Street, Openshaw | £ 200,000 | BUY | 6 / 10 | 0.11 KM |
| Dulgar Street, Openshaw,, Openshaw | £ 160,000 | BUY | 5 / 10 | 0.13 KM |
| Mill Street, Openshaw | £ 250,000 | BUY | 6 / 10 | 0.15 KM |
| Stopley Walk, M11 2AQ | £ 260,000 | BUY | 6 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Goole Street | £ 135,000 | 0.01 KM |
| 24 Goole Street | £ 65,000 | 0.01 KM |
| 8 Goole Street | £ 50,000 | 0.01 KM |
| 26 Goole Street | £ 67,500 | 0.01 KM |
| 20 Goole Street | £ 58,250 | 0.01 KM |