Flat 6A, 23 Parkfield Road South, Manchester, M20 6DB

UPRN:77192077Converted Flat2 bedsBuilt 1900-1929

LeaseholdCouncil Tax: Band CEPC: C (70)

Data freshness:Listing· freshPlanning· 1mo agoEPC· 1mo agoRisk· 2y agoSchools· 4mo agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated today

£282,000

Estimated value

Range: £254k - £310k|Last sold: £165k (2013-12-10)

Estimate of £282k for this converted flat. 529 sales in M20 in the last 12 months; median £352k.

Estimate confidence

Medium confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£282k

£254k - £310k - Medium confidence

Annualised (CAGR)

+3.63%

Over the full window

Peak estimate

£288k

May 2026

From peak

-2.08%

Drawdown from peak

AVM estimate (model)Repeat-sales index - M20 district (quarterly)index YoY +5.70%

Growth by window

+0.36%

+3.30%

12m

+0.00%

24m

+6.02%

60m

+12.35%

Rental Market

Monthly

Estimated rent (pcm)

£1,200

/ month

Gross yield

6.00%

Rent ÷ asking price

Net yield

4.16%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£352k

M20 sales, last 12 months

12m Price Growth

-2.2%

M20 median, Land Registry

Days on Market

62d

M20 average

Sales & Yield

3 metrics

Transactions / 12m

529

M20 sales

Area Gross Yield

5.31%

M20 medians

Last Sold

£165k

2013-12-10

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£240,000
SDLT standard£2,300
SDLT BTL surcharge (5%)£12,000
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£256,400

Funding

Deposit (25%)£60,000
Mortgage (75% LTV)£180,000
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£76,400

Monthly Returns

Monthly Rent (estimate)£1,200
Mortgage Payment (IO)-£788
Management (10%)-£120
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£192

Capital Returns

5yr Property Value£278,361
5yr Capital Gain (3.01% pa, historical)+£38,361
5yr Cumulative Rent (net, before lease costs)+£61,450
Less mortgage interest-£47,280
5yr Total Return (before lease costs)+£52,531

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

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£247,224	£67,224	+£2,304	+£9,528	12.5%
Year 2	£254,665	£74,665	+£4,872	+£19,537	25.6%
Year 3	£262,331	£82,331	+£7,698	+£30,029	39.3%
Year 4	£270,227	£90,227	+£10,799	+£41,026	53.7%
Year 5	£278,361	£98,361	+£14,170	+£52,531	68.8%

Modelled on the live asking price. Capital growth 3.01% a year is the M20 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 (£76,400).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,529

Population

Signal

3.6%

Households Deprived

Upside Opportunities

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