Sold Bungalow

5 CLEEVE ROAD

MANCHESTER, GREATER MANCHESTER M23 0FT

2 beds 1 baths 678 sq ft Listed 19 Jun 2024 (-774d)

£180,000

Guide Price

Reduced on 8 May 2024

Save

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD

Floor area

63 m²

Council tax band

TBC

EPC rating

D

Last sold

£195,000 Dec 2024

Price per m²

£2,857/m²

Local average

£500,161 (-64%)

Deprivation

Decile 2 (4,822 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Additional details

Parking
Yes
Garden
Yes

Description

FOR SALE VIA MODERN METHOD OF AUCTION
A well loved two bedroom bungalow sitting on a generous plot.
Located on Cleeve Road, an ever popular road within Northern Moor. This property’s position ticks all the boxes for many reasons, such as being prime for Schools and education. Access to major motorway networks (M60 & M56) and public transport including the Metrolink, ideal for the commuter, plus an array of varied amenities within walking distance.
This two bedroom bungalow offers spacious accommodation and enjoys the benefit of having gated off street parking and a good sized rear garden with single detached garage. The property has had a new Combi Boiler installed in December 2022 with 5-year warranty. An internal inspection will reveal: Entrance hall opening to the 16’ lounge with attractive fireplace ingle and gas fire, which is currently capped off. Well maintained 12’ kitchen fitted with a range of base and eye level units and side access door. Two bedrooms, the master being a good size and having a bay window feature over looking the garden. Bedroom 2 has a conservatory off, which has door leading to the rear. Spacious boarded loft with good head height, roof light and power supply. This is accessed by folding ladder from the internal hall. The loft provides ample storage and/or potential for development of additional living space (subject to relevant planning consent).
Outside, there is a manicured lawn front garden with mature borders stocked with bushes, shrubs and driveway secured with wrought iron gates. The drive flows down the side of the bungalow leading to the detached single garage (which was fully reroofed in 2021) and good sized private garden with mature apple and plum trees and predominantly lawned.
A great home that will be popular.

Leasehold: Approximately 911 years remaining on 999 years from August 1935. The annual amounts payable are at peppercorn rates of approx £10 per annum.

This property is offered through Modern Method of Auction. Should you
view, offer or bid your data will be shared with the Auctioneer, iamsold
Limited.

This method requires both parties to complete the transaction within
56 days, allowing buyers to proceed with mortgage finance (subject to
lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee
of 4.2% of the purchase price including VAT, subject to a minimum of £6,200.00 including VAT. This fee is paid in
addition to purchase price and will be considered as part of the chargeable consideration for the property in the
calculation for stamp duty liability. Buyers will be required to complete an identification process with
iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not
tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of
the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid
for the referral. These services are optional, and you will be advised of any payment, in writing before any services
are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Listed by

Sale

Countrywide UK Sales - Connells

Reference: 149343971

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 09/01/2023

Expiry date: 08/01/2033

Current heating cost: £495/year

Potential heating cost: £439/year

Est. upgrade cost to C: £10,725

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 08/12/2024 (1 year ago) £195,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 9 CLEEVE ROAD, MANCHESTER, GREATER MANCHESTER, M23 0FT £215,000 08/12/2023 Semi-detached
6 MAINWARING TERRACE, MANCHESTER, GREATER MANCHESTER, M23 0EW £315,000 31/08/2022 Detached
37 FELL PARK ROAD, MANCHESTER, GREATER MANCHESTER, M23 0EX £285,000 29/04/2022 Detached
Same street 22 CLEEVE ROAD, MANCHESTER, GREATER MANCHESTER, M23 0FT £275,000 08/04/2022 Semi-detached
31 FELL PARK ROAD, MANCHESTER, GREATER MANCHESTER, M23 0EX £285,000 23/03/2022 Detached
2 LORD MORRIS DRIVE, MANCHESTER, GREATER MANCHESTER, M23 0GX £360,000 10/03/2022 Detached
27 FELL PARK ROAD, MANCHESTER, GREATER MANCHESTER, M23 0EX £360,000 18/02/2022 Detached
29 FELL PARK ROAD, MANCHESTER, GREATER MANCHESTER, M23 0EX £285,000 18/02/2022 Detached

Street average: £245,000 (2 sales)

Area average: £315,000 (6 sales)

Capital growth trend

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

5y growth -26.8%
10y growth 38.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Detached. As of April 2026.

1y (index) 3.1%
5y (index) 21.9%
10y (index) 78.9%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,222/mo
Realistic £1,358/mo
Optimistic £1,494/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for Southern Greater Manchester: £748/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Northern Moor, Sale Road/Cleeve Road 0.1 miles
Bus stop Northern Moor, Sale Road / near Brenchley Drive 0.1 miles
Shop Nisa Local 0.3 miles
Shop Tesco Express 0.5 miles
Train station East Didsbury 2.5 miles
Hospital Withington Clinic 2.5 miles
Train station Gatley 2.6 miles
Hospital Altrincham Health and Wellbeing Centre 3.5 miles
University Fallowfield Reception and Richmond Amenities Building 3.5 miles
University University of Manchester Fallowfield Campus 3.6 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Pioneer House High School Other 0.2 miles Outstanding — 4 Jun 2019
Rack House Primary School Primary 0.3 miles Good — 2 Dec 2021
Button Lane Primary School Primary 0.3 miles Good — 25 Sep 2023
St. Aidan's Catholic Primary School, a Voluntary Academy Primary 0.4 miles Requires improvement — 4 Dec 2023
Worthington Primary School Primary 0.7 miles Good — 4 Mar 2020

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, Northern Moor, M23 £1,200/mo 2 0.11 miles OpenRent
2 Bed Semi-Detached House, Burdale Walk, M23 £1,125/mo 2 0.51 miles OpenRent

Average rent: £1,163/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.65%
Max investor price (0.8%) £145,375
Target investor price (1%) £116,300
Gross yield 7.8%
Cost-to-rent ratio 12.9×
Monthly cashflow £313/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).