# 3 bedroom end of terrace house for rent (M40 1WU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 LORING STREET, MANCHESTER, GREATER MANCHESTER M40 1WU |
| Price | £550 pcm |
| Bedrooms | 3 |
| Last sold | £175,000 Nov 2025 |

## Description

We are delighted to offer this modern property for rent. Comprises of hall, through lounge, large kitchen, modern bathroom and 3 bedrooms. Also benefits from gas central heating and double glazed windows throughout. The property must be viewed to appreciate the excellent quality. Unfurnished.

## Property Photos

- ![Photo](/listings/photos/20125119/612050)
- ![Photo](/listings/photos/20125119/612052)
- ![Photo](/listings/photos/20125119/612054)
- ![Photo](/listings/photos/20125119/612056)
- ![Photo](/listings/photos/20125119/612058)
- ![Photo](/listings/photos/20125119/612059)

## Rental Range

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

- **Low:** £1,214/mo
- **Realistic:** £1,349/mo
- **Optimistic:** £1,484/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 Terraced House, Briscoe Lane, M40 | £1,800/mo | 3 | 0.23 miles | OpenRent |
| 3 Bed Semi-Detached House, Scotland Hall Road, M40 | £1,400/mo | 3 | 0.47 miles | OpenRent |
| 3 Bed Semi-Detached House, Rose Bank Road, M40 | £1,250/mo | 3 | 0.64 miles | OpenRent |
| 3 Bed Semi-Detached House, Manchester, M11 | £1,200/mo | 3 | 0.87 miles | OpenRent |
| 3 Bed Semi-Detached House, Repton Avenue, M43 | £1,195/mo | 3 | 0.89 miles | OpenRent |

**Average rent: £1,369/mo (5 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 2727.3%
- **Monthly cashflow:** £1,098/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8259.6%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)