# 3 bedroom detached house for sale (M16 9RD)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2A, WOOD ROAD, MANCHESTER, GREATER MANCHESTER M16 9RD |
| Price | £175,000 |
| Bedrooms | 3 |
| Last sold | £165,000 Dec 2010 |

## Description

A detached residence in need of refurbishment offering spacious accommodation with great location. Three good size bedrooms this home will suit a variety of potential purchasers. In brief the property comprises of porch, entrance hall, three large reception rooms and kitchen with morning area. To the first floor there are three well proportioned bedrooms and family bathroom. Great location and close proximity to Chorlton Village make this an opportunity not to be missed.

Three bedroom detached

Three large reception rooms

Kitchen with morning area

Driveway, gardens at the rear 

The property has slight fire damage

## Property Photos

- ![Photo](/listings/photos/21833132/1346595)

## Floorplans

- ![Floorplan 1](/listings/photos/21833132/1346596) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2A WOOD ROAD, MANCHESTER, GREATER MANCHESTER, M16 9RD | £165,000 | 20/12/2010 | Detached |

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £490,000 (1 Detached, M16, 2024–2026)
- **Deviation:** -64.3%

## Rental Range

*ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,217/mo
- **Realistic:** £1,352/mo
- **Optimistic:** £1,487/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for East Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £593/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Royston Road, M16 | £1,500/mo | 3 | 0.56 miles | OpenRent |

**Average rent: £1,500/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.86% (okay)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,500/mo).*

- **Gross yield:** 10.3%
- **Cost-to-rent:** 9.7×
- **Monthly cashflow:** £636/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 15%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** 75.8%

## House Price Index (HM Land Registry)

*Official index for Manchester; Detached series; as of April 2026.*

- **1y growth (index):** 3.1%
- **5y growth (index):** 21.9%
- **10y growth (index):** 78.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)