Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£270k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
81 Murrays Mills, 50 Bengal Street, Manchester, M4 6LS
UPRN:10093688859Converted Flat2 bedsBuilt -
LeaseholdCouncil Tax: -EPC: E (50)AI-Powered Intelligence
Data freshness:Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· 2mo agoPlanning: ageing, refreshed 2mo ago (2026-07-10T09:43:27.506088+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 3 days ago
£516,000
Estimated value
Range: £490k - £542k|Last sold: £465k (2019-10-08)
Estimate of £516k for converted flats in Manchester. 366 transactions in the last 12 months; median £248k.
AI Confidence
-
High confidence
Value History
Current estimate
£516k
£490k - £542k - High confidence
Annualised (CAGR)
+9.73%
Over the full window
Peak estimate
£522k
Jun 2026
From peak
-1.15%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M4 district (quarterly)index YoY -18.04%
Growth by window
3m
+13.16%
6m
+12.66%
12m
+7.28%
24m
+6.61%
60m
+11.93%
Rental Market
Estimated rent (pcm)
£3,050
/ month
Gross yield
6.38%
Net yield
4.27%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£248k
2-bed Converted Flat
12m Price Growth
-9.5%
vs UK avg
Days on Market
124d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£516,000
- SDLT standard£15,800
- SDLT BTL surcharge (5%)£25,800
- Legal + Survey£15,000
- Refurb (light)£36,120
- Total All-In Cost£608,720
Funding
- Deposit (25%)£129,000
- Mortgage (75% LTV)£387,000
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£221,720
Monthly Returns
- Monthly Rent (est)£3,050
- Mortgage Payment (IO)-£1,693
- Management (10%)-£305
- Insurance-£127
- Maintenance-£215
- Monthly Cashflow+£710
Capital Returns
- 5yr Property Value£511,117
- 5yr Capital Gain (-0.19% pa)+£-4,883
- 5yr Cumulative Rent (net)+£144,180
- Less mortgage interest-£101,580
- 5yr Total Return+£37,717
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £515,020 | £128,020 | +£8,520 | +£7,540 | 3.4% |
| Year 2 | £514,041 | £127,041 | +£17,040 | +£15,081 | 6.8% |
| Year 3 | £513,064 | £126,064 | +£25,560 | +£22,624 | 10.2% |
| Year 4 | £512,090 | £125,090 | +£34,080 | +£30,170 | 13.6% |
| Year 5 | £511,117 | £124,117 | +£42,600 | +£37,717 | 17.0% |
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 (£221,720).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£348k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£330k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
MURRAYS MILLS, 50 BENGAL STREET
£350k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£36,554
Median Income
Signal
1,193
Population
Signal
0.3 / 100
Deprivation