Daisy Bank Road, Manchester, Greater Manchester, M14
TH

Daisy Bank Road, Manchester, Greater Manchester, M14

By Thornley Groves

£ 475,000

Reviews

2 out of 5 stars

Thornley Groves says ..

Investment Opportunity. A spacious and well presented five double bedroom double bay fronted property set in a popular location in Victoria Park. This substantial property is currently rented out for the 2023/2024 academic year for £29,904 (bills excluded) per annum! 6.2% yield....

Property Oracle says ..

This five-bedroom, two-bathroom property located on Daisy Bank Road in Rusholme, Manchester, presents itself as a potential investment opportunity, particularly within the student rental market. The listing highlights its suitability for rental income, and its proximity to several universities likely contributes to this appeal. The interior, as showcased in the photographs, appears relatively well-maintained and clean, with a modern kitchen. However, the property’s condition is not perfect. Minor improvements might enhance its aesthetic appeal and marketability. A significant drawback is the extremely limited outdoor space – the small yard is merely a paved area. The lack of garden space may deter families. Pricing seems somewhat elevated given the average prices of neighbouring streets are significantly lower (where data was available) and the lack of a sizeable garden. Additional information on recent comparable sales in the immediate vicinity and more complete plot size measurements would be necessary for a conclusive valuation. The property’s strong rental potential nonetheless offsets some of the concerns. Overall, the property represents a mixed bag; a good location and considerable living space are offset by a lack of outdoor space and the relatively high asking price compared to similarly sized properties without similar rental potential.

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
7
Condition
6
Location
7
Land
1
Bedrooms
5
Bathrooms
2
Sqft (est)
1,505.87

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
259,000.00 £
Decreased by 16.45 %
from 309,997.00 £
Est sale value
615,900.83 £
Increased by 42.01 %
from 433,690.56 £
Average area rental value
888.00 £/mo
Decreased by 19.13 %
from 1,098.00 £/mo
Est letting value
1,505.87 £/mo
Unchanged by 0.00 %
from 1,505.87 £/mo
Est rental Yield
4.11 %
Decreased by 3.29 %
from 4.25 %
Crime Rate
166.00 %
Unchanged by 0.00 %
from 166.00 %

Agent Activity

  • Thornley Groves created the listing.

Nearby Schools

NameTypeOfstedDistance
St Joseph'S Rc Primary School ManchesterVoluntary Aided SchoolGood0.07 KM
St John'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.30 KM
Dean Trust ArdwickAcademy Sponsor LedGood0.34 KM
Plymouth Grove Primary SchoolCommunity SchoolGood0.43 KM
St Luke'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.57 KM

Images

Picture No. 46 Picture No. 47 Picture No. 28 Picture No. 30 Picture No. 01 Picture No. 29 Picture No. 26 Picture No. 25 Picture No. 34 Picture No. 38 Picture No. 51 Picture No. 50 Picture No. 31 Picture No. 41 Picture No. 48 Picture No. 45

Nearby Streets

NameAverage PriceAverage SqftDistance
Culford Close £ 000.00 KM
Martindale Crescent £ 250,00000.00 KM
Sunnybank Road £ 000.00 KM
Lincoln Street £ 000.00 KM
Swayfield Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ardwick2960ADK1.47 KM
Ashburys2941ABY2.07 KM
Levenshulme2862LVM2.42 KM
Mauldeth Road2867MAU2.92 KM
Belle Vue2785BLV3.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Daisy Bank Road, Manchester, Greater Manchester, M14 £ 475,000BUY5 / 100.00 KM
Daisy Bank Road, Manchester, Greater Manchester, M14 £ 170,000BUYUnknown0.07 KM
52 Daisy Bank Road, Victoria Park, Manchester, M14 5QP £ 165,000BUY7 / 100.07 KM
Longford Place, Manchester, M14 £ 280,000BUY4 / 100.08 KM
Pine Grove, Manchester, M14 £ 330,000BUY5 / 100.15 KM

Nearby Properties

AddressPriceDistance
338 Plymouth Grove £ 200,0000.06 KM
334 Plymouth Grove £ 125,0000.06 KM
5 Longford Place £ 285,0000.08 KM
17 Longford Place £ 180,0000.08 KM
19 Longford Place £ 52,0000.08 KM