Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£575k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
14 Murrays Mills, 50 Bengal Street, Manchester, M4 6LR
UPRN:10093688730Converted Flat2 bedsBuilt -
LeaseholdCouncil Tax: -EPC: C (76)AI-Powered Intelligence
Data freshness:Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-06-03T06:37:15.373916+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 3mo agoRisk: ageing, refreshed 3mo ago (2026-07-04T06:46:22.443816+00:00)Connectivity· 3mo agoConnectivity: ageing, refreshed 3mo ago (2026-07-04T20:23:28.637306+00:00)Amenities· 3mo agoAmenities: ageing, refreshed 3mo ago (2026-07-05T20:05:00.707256+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated yesterday
£338,000
Estimated value
Range: £321k - £355k|Last sold: £260k (2019-05-28)
Estimate of £338k for converted flats in Manchester. 366 transactions in the last 12 months; median £248k.
AI Confidence
-
High confidence
Value History
Current estimate
£338k
£321k - £355k - High confidence
Annualised (CAGR)
+3.86%
Over the full window
Peak estimate
£359k
Apr 2026
From peak
-5.85%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M4 district (quarterly)index YoY -18.04%
Growth by window
3m
-2.87%
6m
-5.59%
12m
+7.30%
24m
+8.68%
60m
+23.36%
Rental Market
Estimated rent (pcm)
£2,000
/ month
Gross yield
6.38%
Net yield
5.25%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£248k
2-bed Converted Flat
12m Price Growth
+33.9%
vs UK avg
Days on Market
124d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£338,000
- SDLT standard£6,900
- SDLT BTL surcharge (5%)£16,900
- Legal + Survey£15,000
- Refurb (light)£23,660
- Total All-In Cost£400,460
Funding
- Deposit (25%)£84,500
- Mortgage (75% LTV)£253,500
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£146,960
Monthly Returns
- Monthly Rent (est)£2,000
- Mortgage Payment (IO)-£1,109
- Management (10%)-£200
- Insurance-£109
- Maintenance-£141
- Monthly Cashflow+£441
Capital Returns
- 5yr Property Value£334,801
- 5yr Capital Gain (-0.19% pa)+£-3,199
- 5yr Cumulative Rent (net)+£93,000
- Less mortgage interest-£66,540
- 5yr Total Return+£23,261
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £337,358 | £83,858 | +£5,292 | +£4,650 | 3.2% |
| Year 2 | £336,717 | £83,217 | +£10,584 | +£9,301 | 6.3% |
| Year 3 | £336,077 | £82,577 | +£15,876 | +£13,953 | 9.5% |
| Year 4 | £335,439 | £81,939 | +£21,168 | +£18,607 | 12.7% |
| Year 5 | £334,801 | £81,301 | +£26,460 | +£23,261 | 15.8% |
Assumes -0.19% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£146,960).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£350k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£340k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£385k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£36,554
Median Income
Signal
1,193
Population
Signal
0.3 / 100
Deprivation