Levenshulme, Manchester, Greater Manchester, M19
MU

Levenshulme, Manchester, Greater Manchester, M19

By Mustafa & Co Property Management

£ 1,200,000

Reviews

2 out of 5 stars

Mustafa & Co Property Management says ..

Exceptional investment opportunity in Levenshulme, Manchester! This fully let, 13 en suite bedroom house share generates over £120,000 per annum, offering a fantastic return on investment. With spacious accommodation, a large fitted dining kitchen, and a prime location near amenities and tr...

Property Oracle says ..

Levenshulme is a vibrant and diverse area in South Manchester, with a strong sense of community. The property is located on Slade Lane, which benefits from excellent transport links, with Levenshulme train station being within walking distance, providing direct links to Manchester city centre and beyond. The area also boasts a good selection of local shops, restaurants, and amenities. The presence of several well-regarded schools nearby, such as Cringle Brook Primary School (rated Outstanding by Ofsted), further enhances its appeal to families. The local market adds to the area’s charm and character. However, it’s worth noting that property prices in Levenshulme vary significantly depending on size, condition, and specific location within the area.

Based on the provided images, the property appears to be in good condition. The exterior has been recently renovated, with a fresh coat of paint and modern features. The interior photos showcase well-maintained rooms, modern fixtures, and updated flooring throughout. The overall impression is that the property is clean, well-maintained, and ready for immediate occupancy.

The property does not appear to have a significant amount of land. The images show a small front garden, but the plot size is listed as 0.00 sqft, which suggests minimal outdoor space.

Considering the property’s size (14,376 sqft), location in Levenshulme, apparent good condition, and the lack of significant land, the list price of £1,200,000 appears high compared to the average price per sqft in the area (£306). Nearby comparable properties on Slade Lane are significantly lower in price. While the property is large and has many bedrooms and bathrooms, suggesting it could be suitable for a multi-family dwelling or HMO, the price per sqft is considerably higher than the area average. Further investigation into the rental income potential might be needed to fully justify the asking price. The absence of plot size information also impacts the overall assessment of value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
8
Location
9
Land
2
Bedrooms
13
Bathrooms
14
Sqft (est)
14,376.00

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
295,000.00 £
Increased by 14.57 %
from 257,494.00 £
Est sale value
3,895,896.00 £
Increased by 4.63 %
from 3,723,384.00 £
Average area rental value
1,162.00 £/mo
Decreased by 6.52 %
from 1,243.00 £/mo
Est letting value
14,376.00 £/mo
Unchanged by 0.00 %
from 14,376.00 £/mo
Est rental Yield
4.73 %
Decreased by 18.31 %
from 5.79 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Mustafa & Co Property Management created the listing.

Nearby Schools

NameTypeOfstedDistance
Cringle Brook Primary SchoolFree SchoolsOutstanding0.54 KM
Manchester Enterprise Academy CentralFree Schools0.56 KM
Manchester Vocational And Learning AcademyOther Independent SchoolGood0.59 KM
Birchfields Primary SchoolCommunity SchoolGood0.65 KM
Acacias Community Primary SchoolCommunity SchoolGood0.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Road £ 000.00 KM
Montrose Crescent £ 475,00000.00 KM
Turnbull Road £ 000.00 KM
Linden Park £ 000.00 KM
Linden Park £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Levenshulme2862LVM0.72 KM
Mauldeth Road2867MAU1.69 KM
Belle Vue2785BLV2.87 KM
Heaton Chapel2861HTC3.06 KM
Ashburys2941ABY3.07 KM

Nearby Listings

AddressPriceTypeScoreDistance
Levenshulme, Manchester, Greater Manchester, M19 £ 1,200,000BUY5 / 100.00 KM
Slade Lane, Fallowfield, Manchester, M19 2AE £ 750,000BUYUnknown0.03 KM
Kingsway, Burnage, Manchester, Greater Manchester £ 205,000BUY7 / 100.07 KM
Kingsway Flat , Levenshulme £ 200,000BUY7 / 100.08 KM
Slade Lane, Manchester £ 330,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
187 Slade Lane £ 134,0000.00 KM
191 Slade Lane £ 55,0000.00 KM
189 Slade Lane £ 160,0000.00 KM
193 Slade Lane £ 48,0000.01 KM
181 Slade Lane £ 255,0000.02 KM