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17 Mere Drive, Clifton, Swinton, Manchester, M27 8SD

UPRN:10007897077Purpose Built Flat2 bedsBuilt 1996-2002
LeaseholdCouncil Tax: -EPC: C (80)
Data freshness:Listing· freshListing: fresh, refreshed yesterday (2026-10-24T04:00:05.961683+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T09:11:30.354515+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated yesterday
£119,000
Estimated value
Range: £108k - £131kLast sold: £75k (2021-03-10)

Estimate of £119k for this purpose built flat. 449 sales in M27 in the last 12 months; median £222k.

Estimate confidence
Medium confidence

Value History

Monthly AVM sale-value estimate
Current estimate
£119k
£108k - £131k - Medium confidence
Annualised (CAGR)
+3.45%
Over the full window
Peak estimate
£126k
Sep 2026
From peak
-5.56%
Drawdown from peak
£133k£118k£102k£87k£71k2020202120222023202420252026Peak
AVM estimate (model)Repeat-sales index - M27 district (quarterly)index YoY +1.92%
Growth by window
3m
-4.03%
6m
-4.03%
12m
+5.31%
24m
+8.18%
60m
+35.23%

Rental Market

Monthly
Estimated rent (pcm)
£800
/ month
Gross yield
7.38%
Rent ÷ asking price
Net yield
5.11%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
-

Market Metrics

6 live signals
Median Area Price
£222k
M27 sales, last 12 months
12m Price Growth
-
M27 median, Land Registry
Days on Market
74d
M27 average

Sales & Yield

3 metrics
Transactions / 12m
449
M27 sales
Area Gross Yield
4.95%
M27 medians
Last Sold
£75k
2021-03-10

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

  • Asking Price£130,000
  • SDLT standard£100
  • SDLT BTL surcharge (5%)£6,500
  • Legal, survey + broker (assumed)£2,100
  • RefurbishmentNot costed
  • Total Cost (excl. refurb)£138,700

Funding

  • Deposit (25%)£32,500
  • Mortgage (75% LTV)£97,500
  • Interest Rate (assumed)5.25%
  • Mortgage TypeInterest Only
  • Cash Required£41,200

Monthly Returns

  • Monthly Rent (estimate)£800
  • Mortgage Payment (IO)-£427
  • Management (10%)-£80
  • Insurance (assumed)-£40
  • Maintenance (assumed)-£60
  • Monthly Cashflow, before lease costs (not stated)+£193

Capital Returns

  • 5yr Property Value£153,506
  • 5yr Capital Gain (3.38% pa, historical)+£23,506
  • 5yr Cumulative Rent (net, before lease costs)+£38,955
  • Less mortgage interest-£25,620
  • 5yr Total Return (before lease costs)+£36,841

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only
YearProperty ValueEquityCashflow (cumulative)Total ReturnROI
Year 1£134,394£36,894+£2,316+£6,71016.3%
Year 2£138,937£41,437+£4,800+£13,73733.3%
Year 3£143,633£46,133+£7,468+£21,10051.2%
Year 4£148,487£50,987+£10,311+£28,79969.9%
Year 5£153,506£56,006+£13,335+£36,84189.4%

Modelled on the live asking price. Capital growth 3.38% a year is the M27 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£41,200).

Price Forecast

No forecast available.

Demand & Supply

DemandSupply

    Comparable Sales

    4 matches

    47 MERE DRIVE

    Recent sale
    £118k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    31 MERE DRIVE

    Recent sale
    £195k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    35 MERE DRIVE

    Recent sale
    £187k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    27 MERE DRIVE

    Recent sale
    £131k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    Area Economic Intelligence

    3 signals
    Signal
    £30,495
    Median earnings (local authority)
    Signal
    1,759
    Population
    Signal
    8.7%
    Households Deprived

    Upside Opportunities

    0 levers