# 2 bedroom semi-detached bungalow for sale (M24 1HE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 STANWAY CLOSE, MANCHESTER, MIDDLETON, GREATER MANCHESTER M24 1HE |
| Price | £179,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £210,000 Jul 2022 |

## Description

Two bed semi detached bungalow with detached garage, driveway and gardens to the front and rear. Briefly comprising of gas central heating, uPVC double glazed windows, lounge, kitchen, bathroom and two bedrooms. There is a drop down ladder leading to the converted loft space housing two extra rooms. (no building regs - storage only). Externally to the front is a lawned garden with soil borders and a tarmacadam driveway affording off road parking. To the rear is a good sized garden with patio area. Both internally and externally the property requires upgrading presenting an excellent opportunity to create a superb family home.

Situated in the much sought after area of Alkrington with easy walking distance to its shops and excellent schooling, whilst Middleton town centre and its range of amenities are easily accessible. The M60 motorway network is just a short drive away making this property a good choice for the commuter.

**Hallway** - Entrance hall with radiator and storage cupboard housing combi boiler.

**Lounge** - 5.8m x 3.5m (19'0" x 11'5") - Bay fronted lounge to the front aspect with living flame gas fire set within feature surround, carpet flooring, coved ceiling and two radiators.

**Inner Hallway** - Inner hallway which provides access to the kitchen, bathroom and bedrooms. There is also a drop down ladder which provides access to the converted loft space housing two further rooms. (No building regs - storage only).

**Kitchen** - 2.9m x 2.8m (9'6" x 9'2") - Side aspect with a range of wall and base units incorporating stainless steel sink, electric hob, laminated flooring and radiator. External access.

**Bedroom 1** - 3.7m x 3.5m (12'1" x 11'5") - Rear aspect with fitted wardrobes, carpet flooring and radiator.

**Bedroom 2** - 2.8m x 2.7m (9'2" x 8'10") - Rear aspect with carpet flooring, fitted wardrobes and radiator.

**Bathroom** - Three-piece bathroom comprising of bath with shower above, vanity wash-basin, low-level W,C, fully tiled walls and heated towel rail.

**Outside** - Externally to the front is a lawned garden with soil borders and a tarmacadam driveway affording off road parking. To the rear is a good sized garden with patio area.

## Property Photos

- ![DSC_0174.JPG](/listings/photos/90041219/344267) - DSC_0174.JPG
- ![LOUNGE](/listings/photos/90041219/344268) - LOUNGE
- ![KITCHEN](/listings/photos/90041219/344269) - KITCHEN
- ![BEDROOM 1](/listings/photos/90041219/344270) - BEDROOM 1
- ![BEDROOM 2](/listings/photos/90041219/344271) - BEDROOM 2
- ![BATHROOM](/listings/photos/90041219/344272) - BATHROOM
- ![OUTSIDE](/listings/photos/90041219/344273) - OUTSIDE

## Floorplans

- ![3StanwayClose-print.JPG](/listings/photos/90041219/344274) - 3StanwayClose-print.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/90041219/344275) - EE Rating
- ![EI Rating](/listings/photos/90041219/344276) - EI Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 STANWAY CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HE | £210,000 | 22/07/2022 | Semi-detached |
| 3 STANWAY CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HE | £180,000 | 23/09/2020 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 14 STANWAY CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HE | £100,000 | 22/01/2026 | Semi-detached |
| 64 RUTHIN AVENUE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1FG | £270,000 | 10/12/2025 | Semi-detached |
| 61 GLOUCESTER ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HT | £335,000 | 27/11/2025 | Semi-detached |
| 17 CHELTENHAM GREEN, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HQ | £282,500 | 17/11/2025 | Semi-detached |
| [Same street] 9 STANWAY CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HE | £280,000 | 28/08/2025 | Semi-detached |
| 121 KINGSWAY, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HP | £244,000 | 22/08/2025 | Semi-detached |
| 156 MOUNT ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HA | £305,000 | 15/08/2025 | Semi-detached |
| 116 HARDFIELD ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1JH | £240,000 | 28/07/2025 | Semi-detached |
| 26 NAUNTON ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1EY | £245,000 | 01/12/2023 | Semi-detached |
| 8 COLWYN AVENUE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1ER | £282,100 | 27/11/2023 | Semi-detached |
| 115 MOUNT ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1EZ | £270,000 | 25/09/2023 | Semi-detached |
| 109 KINGSWAY, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HW | £205,000 | 11/09/2023 | Semi-detached |
| 7 WARWICK ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HU | £95,000 | 17/07/2023 | Semi-detached |
| 91 KINGSWAY, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HW | £230,000 | 09/06/2023 | Semi-detached |
| 29 WARWICK ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HU | £310,000 | 02/03/2023 | Semi-detached |
| 61 WARWICK ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HU | £230,000 | 24/02/2023 | Semi-detached |
| 81 MOUNT ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1EX | £245,000 | 09/12/2022 | Semi-detached |
| 114 KINGSWAY, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HN | £250,000 | 06/12/2022 | Semi-detached |
| 8 ALCESTER CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HJ | £340,000 | 30/11/2022 | Semi-detached |
| 47 RUTHIN AVENUE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1FQ | £267,000 | 29/11/2022 | Semi-detached |
| 43 WARWICK ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1HU | £335,000 | 18/11/2022 | Semi-detached |
| 13 APPLE WAY, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 1GX | £259,000 | 10/11/2022 | Semi-detached |

**Street average:** £190,000 (2 sales)
**Area average:** £261,980 (20 sales)

## Price vs local average

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

- **Local average:** £264,046 (75 Semi-detached, M24, 2024–2026)
- **Deviation:** -32.2%

## Rental Range

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

- **Low:** £744/mo
- **Realistic:** £827/mo
- **Optimistic:** £910/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 Terraced House, Green Street, M24 | £900/mo | 2 | 0.69 miles | OpenRent |
| 2 Bed Terraced House, Green St, M24 | £995/mo | 2 | 0.72 miles | OpenRent |
| 2 Bed Terraced House, Thornley Street, M24 | £975/mo | 2 | 0.81 miles | OpenRent |
| 2 Bed Semi-Detached House, Oxford Drive, M24 | £995/mo | 2 | 1.14 miles | OpenRent |

**Average rent: £966/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.55% (weak for cashflow)
- **Max investor price (0.8%):** £123,125
- **Target investor price (1%):** £98,500

*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 £985/mo).*

- **Gross yield:** 6.6%
- **Cost-to-rent:** 15.1×
- **Monthly cashflow:** £157/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.6%

*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:** 31.8%
- **10y growth:** 89.5%

## House Price Index (HM Land Registry)

*Official index for Rochdale; Semi-detached series; as of March 2026.*

- **1y growth (index):** 4.4%
- **5y growth (index):** 37.1%
- **10y growth (index):** 87.2%

## 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)