1 Atholl Avenue, Stretford, Manchester, Greater Manchester

Description

A leasehold semi-detached house situated on a corner plot and comprising: Hall, lounge, dining room, kitchen, three bedrooms and bathroom. Driveway, single detached garage and gardens to the front, side and rear. Please note: The property has appeared to have suffered some structural movement with visible cracks above the front door. Prospective purchasers are advised to seek professional advice prior to bidding.

Accommodation

Hall, lounge, dining room, kitchen, three bedrooms and bathroom.

Location

Situated close to the centre of Stretford and just a few minutes’ walk from Humphrey Park rail station providing easy access to Media City and Manchester city centre.

Tenure / Property Information

Investment Analysis

Five same-street leasehold semi-detached sales range from £303,000 to £451,000. Recent 2025 evidence is £350,000 and £380,500; £350,000 is used as the base GDV benchmark, subject to structural investigation and condition. This is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not bid without reviewing the legal pack and obtaining professional structural advice. Proceed only if the purchase price leaves sufficient contingency for unknown remedial works.

Works Required

Obtain a professional structural survey before bidding. Any remedial structural works and making-good of visible cracking should follow the survey; costs cannot be estimated from the evidence supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance against the £350,000 base GDV would be approximately £262,500. BRRR viability cannot be established because structural remedial costs, total project cost and finance costs are unknown.

Buy-to-Let Analysis

The supplied advertised asking rent is £1,300 pcm, equivalent to £15,600 annually. Gross yield on the £200,000 guide is approximately 7.8%, before fees, finance, maintenance, voids and other costs. This is an asking rent, not an achieved or passing rent. Structural condition remains a major unknown.

Flip Analysis

The evidence supports an indicative repaired-condition GDV range of £303,000 to £380,500, with £350,000 as the base case. Flip surplus cannot be calculated because refurbishment costs and supported selling allowances are unavailable.

Investor Risks & Due Diligence

• Visible cracks above the front door and apparent structural movement require professional investigation.

• Structural remedial costs are unknown and could materially affect returns.

• Buyer premium, administration charge and possible legal-pack disbursements increase acquisition costs.

• The £1,300 pcm figure is an advertised asking rent rather than achieved or passing rent.

• Ground rent and service charge figures are unspecified.

• Comparable sale prices vary substantially and may not reflect the subject property's condition.

Recommendation

Do not bid without reviewing the legal pack and obtaining professional structural advice. Proceed only if the purchase price leaves sufficient contingency for unknown remedial works.

Strategy Rating

Analysis Confidence

Good same-street sales evidence and one rental listing are available, but structural costs, as-is value, occupancy, leasehold charges and project costs are not supplied.