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23 Farrar Road, Droylsden, Manchester, M43 6FX

UPRN:100011592102Semi-Detached House3 bedsBuilt 1930-1949
LeaseholdCouncil Tax: Band AEPC: C (72)
Data freshness:Listing· freshListing: fresh, refreshed yesterday (2026-10-23T04:00:04.135672+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:39:33.514843+00:00)EPC· 1mo agoEPC: ageing, refreshed 1mo ago (2026-09-20T00:39:47.830896+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
£246,000
Estimated value
Range: £234k - £259kLast sold: -- (-)

Estimate of £246k for this semi-detached house. 223 sales in M43 in the last 12 months; median £220k.

Estimate confidence
High confidence

Value History

Monthly AVM sale-value estimate
Current estimate
£246k
£234k - £259k - High confidence
Annualised (CAGR)
+9.94%
Over the full window
Peak estimate
£246k
Oct 2026
From peak
+0.00%
Drawdown from peak
£250k£219k£189k£158k£128k2020202120222023202420252026Peak
AVM estimate (model)Repeat-sales index - M43 district (quarterly)index YoY -3.51%
Growth by window
3m
+23.62%
6m
+26.15%
12m
+28.80%
24m
+30.85%
60m
+67.35%

Rental Market

Monthly
Estimated rent (pcm)
£1,600
/ month
Gross yield
7.68%
Rent ÷ asking price
Net yield
5.32%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
-

Market Metrics

6 live signals
Median Area Price
£220k
M43 sales, last 12 months
12m Price Growth
-
M43 median, Land Registry
Days on Market
76d
M43 average

Sales & Yield

3 metrics
Transactions / 12m
223
M43 sales
Area Gross Yield
12.91%
M43 medians
Last Sold
-
-

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

  • Asking Price£250,000
  • SDLT standard£2,500
  • SDLT BTL surcharge (5%)£12,500
  • Legal, survey + broker (assumed)£2,100
  • RefurbishmentNot costed
  • Total Cost (excl. refurb)£267,100

Funding

  • Deposit (25%)£62,500
  • Mortgage (75% LTV)£187,500
  • Interest Rate (assumed)5.25%
  • Mortgage TypeInterest Only
  • Cash Required£79,600

Monthly Returns

  • Monthly Rent (estimate)£1,600
  • Mortgage Payment (IO)-£820
  • Management (10%)-£160
  • Insurance (assumed)-£40
  • Maintenance (assumed)-£60
  • Monthly Cashflow, before lease costs (not stated)+£520

Capital Returns

  • 5yr Property Value£339,477
  • 5yr Capital Gain (6.31% pa, historical)+£89,477
  • 5yr Cumulative Rent (net, before lease costs)+£83,934
  • Less mortgage interest-£49,200
  • 5yr Total Return (before lease costs)+£124,211

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£265,775£78,275+£6,240+£22,01527.7%
Year 2£282,545£95,045+£12,828+£45,37357.0%
Year 3£300,374£112,874+£19,772+£70,14688.1%
Year 4£319,328£131,828+£27,067+£96,394121.1%
Year 5£339,477£151,977+£34,734+£124,211156.0%

Modelled on the live asking price. Capital growth 6.31% a year is the M43 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 (£79,600).

Price Forecast

No forecast available.

Demand & Supply

DemandSupply

    Comparable Sales

    4 matches

    11 FARRAR ROAD

    Recent sale
    £185k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    39 FARRAR ROAD

    Recent sale
    £138k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    37 FARRAR ROAD

    Recent sale
    £70k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    31 FARRAR ROAD

    Recent sale
    £135k
    Sale price
    £/sqft
    -
    Rent pcm
    -
    Yield
    -

    Area Economic Intelligence

    3 signals
    Signal
    £29,877
    Median earnings (local authority)
    Signal
    2,190
    Population
    Signal
    5.4%
    Households Deprived

    Upside Opportunities

    0 levers