14 Long Street, Manchester

Description

Situated on Long Street, close to local shopping and travelling facilities including Gorton (GTO) and Fairfield Train Stations. Debdale Park is also nearby. A semi-detached house requiring modernisation.

Accommodation

Accommodation arranged on two floors. First floor: Bedroom (One), Bedroom (Two), Bedroom (Three), Bathroom/WC. Ground floor: Entrance Hall, Living Room, Kitchen. Garage, driveway providing off-street parking, front garden and courtyard garden at rear.

Location

Situated on Long Street, close to local shopping and travelling facilities including Gorton (GTO) and Fairfield Train Stations. Debdale Park is also nearby.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-address sale at £149,500 on 7 July 2026. Other same-street semi-detached freehold sales range from £110,000 to £170,000, although several are older. A base GDV of £149,500 is therefore used, with an evidence-based range of £119,300 to £170,000. The property requires modernisation, but no quantified works schedule or condition report is supplied.

Investment Snapshot

Strategy Recommendation

Potential buy-to-let or light refurbishment strategy, subject to a satisfactory survey and confirmation that the achievable rent supports the investment. Do not set a maximum bid until the modernisation scope, seller fees and finance costs are established.

Works Required

Modernisation of the existing three-bedroom semi-detached house, including review and updating of the kitchen, bathroom, decoration and finishes as required. The supplied evidence does not establish any specific defects or structural works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £100,000 guide, the known buyer premium would bring the purchase figure to at least £101,500 before refurbishment and any seller fees. A 75% refinance against the £149,500 base GDV would be approximately £112,125. Cash left in cannot be calculated because refurbishment costs, finance costs and total acquisition costs are not supplied.

Buy-to-Let Analysis

The two more relevant Manchester rental listings indicate asking rents of £1,400–£1,500 pcm. This implies approximately £16,800–£18,000 annual gross rent and 16.8%–18.0% gross yield against the £100,000 guide, before finance, operating costs, voids, management and refurbishment. The listings are asking rents rather than achieved rents, so the yield is indicative only.

Flip Analysis

The base GDV is £149,500, supported by the July 2026 same-address sale. A flip surplus cannot be calculated because the modernisation budget, finance costs, selling costs and any applicable seller fees are unknown. The evidence supports a potential value uplift from the guide, but not a reliable project profit.

Investor Risks & Due Diligence

• The property is described as requiring modernisation, but the scope and cost of works are unknown.

• Rental evidence comprises advertised asking rents rather than achieved rents and is limited to comparable listings.

• Additional seller fees may apply under the special conditions but are not supplied.

• Auction completion requires the balance of the 10% deposit, subject to the stated minimum, and the buyer premium within 24 hours.

• Gross yields exclude finance, management, maintenance, voids, operating costs and refurbishment expenditure.

Recommendation

Potential buy-to-let or light refurbishment strategy, subject to a satisfactory survey and confirmation that the achievable rent supports the investment. Do not set a maximum bid until the modernisation scope, seller fees and finance costs are established.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy, same-street completed sales and indicative local asking rents are supplied. However, the condition and refurbishment cost, achieved rent, seller fees, finance costs and selling costs are not provided.