# 2 bedroom terraced house for sale (M32 9AJ) ## Property Details | Key | Value | |-----|-------| | Address | Chapel Lane, Stretford, M32, M32 9AJ | | Price | £270,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | ## Description Offered to the market with no onward chain, this well presented two bedroom terraced home is ready for immediate occupation and provides the perfect blank canvas for buyers looking to put their own stamp on a property. The accommodation comprises two bedrooms, a spacious and welcoming reception room, a generous fitted kitchen with ample worktop and storage space, and one well appointed bathroom. Finished in neutral décor throughout, the property is bright, modern and exceptionally well maintained, allowing any purchaser to move straight in with minimal effort. The versatile layout is ideally suited to families, first time buyers and professionals alike, with spacious rooms and practical storage solutions enhancing everyday living. Occupying a convenient Stretford location, the property benefits from close proximity to ALDI, Stretford Metrolink station, the highly regarded Stretford Grammar School and the open green spaces of Victoria Park, making it an ideal choice for families and commuters alike. Early viewing is highly recommended to fully appreciate the quality and value on offer. Disclaimer (While every effort has been made to ensure the accuracy and completeness of the information, Trading Places and the seller makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information contained in this advertisement for any purpose and any reliance you place on such information is strictly at your own risk. All information should be confirmed by your Legal representative). EPC Rating: C ## Property Photos - ![Photo](/listings/photos/89649924/734438) - ![Photo](/listings/photos/89649924/734439) - ![Photo](/listings/photos/89649924/734440) - ![Photo](/listings/photos/89649924/734441) - ![Photo](/listings/photos/89649924/734442) - ![Photo](/listings/photos/89649924/734443) - ![Photo](/listings/photos/89649924/734444) - ![Photo](/listings/photos/89649924/734446) - ![Photo](/listings/photos/89649924/734447) - ![Photo](/listings/photos/89649924/734449) - ![Photo](/listings/photos/89649924/734451) - ![Photo](/listings/photos/89649924/734452) - ![Photo](/listings/photos/89649924/734454) - ![Photo](/listings/photos/89649924/734456) - ![Photo](/listings/photos/89649924/734457) - ![Photo](/listings/photos/89649924/734459) - ![Photo](/listings/photos/89649924/734461) - ![Photo](/listings/photos/89649924/734463) - ![Photo](/listings/photos/89649924/734465) - ![Photo](/listings/photos/89649924/734467) - ![Photo](/listings/photos/89649924/734468) - ![Photo](/listings/photos/89649924/734469) - ![Photo](/listings/photos/89649924/734470) - ![Photo](/listings/photos/89649924/734471) ## Floorplans - ![All](/listings/photos/89649924/734472) - All ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 10 NELSON STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8LU | £238,500 | 14/11/2025 | Terraced | | [Same street] 22 CHAPEL LANE, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 9AJ | £306,600 | 07/11/2025 | Terraced | | 103 LACY STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8WL | £210,500 | 10/08/2023 | Terraced | | [Same street] 7 CHAPEL LANE, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 9AJ | £302,500 | 14/04/2023 | Terraced | | 113 LACY STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8WL | £181,600 | 03/11/2022 | Terraced | | 23 HANCOCK STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8WH | £200,000 | 21/10/2022 | Terraced | | 39 BRUNSWICK STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8NJ | £210,000 | 31/08/2022 | Terraced | | 20 HIGHFIELD ROAD, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8NQ | £725,000 | 29/04/2022 | Terraced | | 41 BRUNSWICK STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8NJ | £210,000 | 28/04/2022 | Terraced | | 11 CROSSFORD STREET, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8WA | £220,075 | 07/03/2022 | Terraced | | [Same street] 13 CHAPEL LANE, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 9AJ | £240,250 | 04/02/2022 | Terraced | | 7 BARTON ROAD, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 9FA | £175,000 | 09/12/2021 | Terraced | | 111 BARTON ROAD, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 9AF | £230,000 | 29/10/2021 | Terraced | **Street average:** £283,117 (3 sales) **Area average:** £260,068 (10 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £277,191 (26 Terraced, M32, 2024–2026) - **Deviation:** -2.6% ## Rental Range *ONS Price Index of Private Rents (Trafford). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,226/mo - **Realistic:** £1,362/mo - **Optimistic:** £1,498/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/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 | |------|------|------|------|------| | 2 Bed Flat, Stretford, M32 | £950/mo | 2 | 0.11 miles | OpenRent | | 2 Bed Terraced House, Pinnington Lane, M32 | £1,395/mo | 2 | 0.27 miles | OpenRent | **Average rent: £1,173/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.43% (weak for cashflow) - **Max investor price (0.8%):** £146,625 - **Target investor price (1%):** £117,300 *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 £1,173/mo).* - **Gross yield:** 5.2% - **Cost-to-rent:** 19.2× - **Monthly cashflow:** £-33/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.5% *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.* - **5y growth:** 12.1% - **10y growth:** 62.1% ## House Price Index (HM Land Registry) *Official index for Trafford; Terraced series; as of March 2026.* - **1y growth (index):** 0.9% - **5y growth (index):** 20.4% - **10y growth (index):** 65.8% ## 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)