# 3 bedroom terraced house for sale (M40 5EE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 176 LIGHTBOWNE ROAD, MANCHESTER, MANCHESTER, GREATER MANCHESTER M40 5EE |
| Price | £200,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £41,000 Mar 2008 |

## Description

ATTENTION INVESTORS - Let at £900 pcm until June 2023.

A fantastic opportunity to purchase this recently refurbished three bedroom FREEHOLD Victorian terrace located in the popular area of Moston. Situated close to the shops and local schools and providing easy access to the city centre. 

The accommodation briefly comprises; hall, living room, dining room and a kitchen. To the first floor there are three bedrooms and a shower room. 

Viewing essential. EPC Rating - C.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:** We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case. 

MCC220154/2

## Property Photos

- ![PHOTOGRAPHY](/listings/photos/121147142/747481) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747482) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747483) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747484) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747485) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747486) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747487) - PHOTOGRAPHY
- ![PHOTOGRAPHY](/listings/photos/121147142/747488) - PHOTOGRAPHY

## Floorplans

- ![FLOOR-PLAN](/listings/photos/121147142/747489) - FLOOR-PLAN

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/121147142/747490) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 176 LIGHTBOWNE ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EE | £41,000 | 14/03/2008 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 137 ADRIAN STREET, MANCHESTER, GREATER MANCHESTER, M40 5FQ | £160,000 | 30/11/2023 | Terraced |
| 9 SPREADBURY STREET, MANCHESTER, GREATER MANCHESTER, M40 9DR | £68,000 | 11/08/2023 | Terraced |
| 24 JOAN STREET, MANCHESTER, GREATER MANCHESTER, M40 5FP | £141,000 | 28/07/2023 | Terraced |
| 78 - 80 ATTLEBORO ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EN | £183,000 | 06/07/2023 | Terraced |
| [Same street] 172 LIGHTBOWNE ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EE | £48,000 | 04/07/2023 | Terraced |
| 115 ADRIAN STREET, MANCHESTER, GREATER MANCHESTER, M40 5FQ | £137,000 | 19/12/2022 | Terraced |
| 54 ADRIAN STREET, MANCHESTER, GREATER MANCHESTER, M40 5FG | £220,000 | 16/12/2022 | Terraced |
| 49 OSCAR STREET, MANCHESTER, GREATER MANCHESTER, M40 9EG | £127,500 | 18/11/2022 | Terraced |
| 205 LIGHTBOWNE ROAD, MANCHESTER, GREATER MANCHESTER, M40 9DD | £131,000 | 31/10/2022 | Terraced |
| 4 OSCAR STREET, MANCHESTER, GREATER MANCHESTER, M40 9EG | £108,000 | 21/10/2022 | Terraced |
| [Same street] 174 LIGHTBOWNE ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EE | £190,000 | 20/10/2022 | Terraced |
| 89 OSCAR STREET, MANCHESTER, GREATER MANCHESTER, M40 9EG | £108,500 | 25/08/2022 | Terraced |
| 15 LAKIN STREET, MANCHESTER, GREATER MANCHESTER, M40 9DT | £95,000 | 17/08/2022 | Terraced |
| 96 LANGWORTHY ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EQ | £100,000 | 15/07/2022 | Terraced |
| 63 LANGWORTHY ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EP | £140,000 | 03/05/2022 | Terraced |
| 47 ATTLEBORO ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EW | £143,000 | 29/04/2022 | Terraced |
| 30 SPREADBURY STREET, MANCHESTER, GREATER MANCHESTER, M40 9DR | £110,000 | 28/04/2022 | Terraced |
| 127 ADRIAN STREET, MANCHESTER, GREATER MANCHESTER, M40 5FQ | £100,250 | 11/04/2022 | Terraced |
| 3 SPREADBURY STREET, MANCHESTER, GREATER MANCHESTER, M40 9DR | £115,000 | 25/01/2022 | Terraced |
| 51 LANGWORTHY ROAD, MANCHESTER, GREATER MANCHESTER, M40 5FT | £158,000 | 24/01/2022 | Terraced |
| 65 OSCAR STREET, MANCHESTER, GREATER MANCHESTER, M40 9EG | £155,100 | 17/12/2021 | Terraced |
| [Same street] 172 LIGHTBOWNE ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EE | £35,000 | 08/12/2021 | Terraced |
| [Same street] 172 LIGHTBOWNE ROAD, MANCHESTER, GREATER MANCHESTER, M40 5EE | £120,000 | 07/12/2021 | Terraced |
| 21 EGBERT STREET, MANCHESTER, GREATER MANCHESTER, M40 5ER | £148,000 | 20/09/2021 | Terraced |

**Street average:** £98,250 (4 sales)
**Area average:** £132,418 (20 sales)

## Price vs local average

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

- **Local average:** £164,733 (40 Terraced, M40, 2024–2026)
- **Deviation:** +21.4%

## 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 West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £504/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 Detached House, Wilfred St, M40 | £1,450/mo | 3 | 0.25 miles | OpenRent |
| 3 Bed End Terrace, Mapledon Road, M9 | £1,595/mo | 3 | 0.43 miles | OpenRent |
| 3 Bed Terraced House, Oldham Road, M40 | £650/mo | 3 | 0.7 miles | OpenRent |

**Average rent: £1,232/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.73% (weak for cashflow)
- **Max investor price (0.8%):** £181,250
- **Target investor price (1%):** £145,000

*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 £1,450/mo).*

- **Gross yield:** 8.7%
- **Cost-to-rent:** 11.5×
- **Monthly cashflow:** £492/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.2%

*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:** 7.3%
- **10y growth:** 85.6%

## House Price Index (HM Land Registry)

*Official index for Manchester; Terraced series; as of March 2026.*

- **1y growth (index):** 3.2%
- **5y growth (index):** 23.3%
- **10y growth (index):** 85.1%

## 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)