23 SOUTHERN CLOSE
Recent sale
£330k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
6 Southern Close, Denton, Manchester, M34 6FS
UPRN:100011606382-Beds -Built 1950-1966
Tenure: -Council Tax: Band CEPC: C (71)
Data freshness:Listing· freshListing: fresh, refreshed 2d ago (2026-10-21T04:00:02.931607+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T09:43:25.124775+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 today
£368,000
Estimated value
Range: £331k - £405k|Last sold: -- (-)
Estimate of £368k for this property. 445 sales in M34 in the last 12 months; median £218k.
Estimate confidence
Medium confidence
Value History
Current estimate
£368k
£331k - £405k - Medium confidence
Annualised (CAGR)
+4.12%
Over the full window
Peak estimate
£382k
May 2025
From peak
-3.66%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M34 district (quarterly)index YoY -1.08%
Growth by window
3m
-2.39%
6m
-0.54%
12m
+1.10%
24m
-0.54%
60m
+9.20%
Rental Market
Estimated rent (pcm)
£2,100
/ month
Gross yield
8.40%
Rent ÷ asking price
Net yield
-
Vacancy trend
12-month change
Market Metrics
Median Area Price
£218k
M34 sales, last 12 months
12m Price Growth
-
M34 median, Land Registry
Days on Market
85d
M34 average
Sales & Yield
3 metricsTransactions / 12m
445
M34 sales
Area Gross Yield
3.89%
M34 medians
Last Sold
-
-
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£300,000
- SDLT standard£5,000
- SDLT BTL surcharge (5%)£15,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£322,100
Funding
- Deposit (25%)£75,000
- Mortgage (75% LTV)£225,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£97,100
Monthly Returns
- Monthly Rent (estimate)£2,100
- Mortgage Payment (IO)-£984
- Management (10%)-£210
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£806
Capital Returns
- 5yr Property Value£371,535
- 5yr Capital Gain (4.37% pa, historical)+£71,535
- 5yr Cumulative Rent (net, before lease costs)+£112,038
- Less mortgage interest-£59,040
- 5yr Total Return (before lease costs)+£124,533
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
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £313,110 | £88,110 | +£9,672 | +£22,782 | 23.5% |
| Year 2 | £326,793 | £101,793 | +£19,800 | +£46,593 | 48.0% |
| Year 3 | £341,074 | £116,074 | +£30,394 | +£71,468 | 73.6% |
| Year 4 | £355,979 | £130,979 | +£41,453 | +£97,431 | 100.3% |
| Year 5 | £371,535 | £146,535 | +£52,998 | +£124,533 | 128.3% |
Modelled on the live asking price. Capital growth 4.37% a year is the M34 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 (£97,100).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
13 SOUTHERN CLOSE
Recent sale
£240k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
1 SOUTHERN CLOSE
Recent sale
£223k
Sale price
£/sqft
-
Rent pcm
-
Yield
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18 SOUTHERN CLOSE
Recent sale
£263k
Sale price
£/sqft
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Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£29,877
Median earnings (local authority)
Signal
1,326
Population
Signal
7.7%
Households Deprived