2 Bed Flat, Single Let, Salford, M6 7DP £140,000

Church Green, Salford, Greater Manchester, M6 7DP - 6 views - 2 years ago
Sold STC
Leasehold
BTL
ROI: 9%
~68 m²
Property image

ValuationUndervalued

Sold Prices£60K - £230K
Sold Prices/m²£1.4K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£163,728
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£368 - £1,850

Rent Estimate

£938

Running Costs/mo

£645

Cashflow/mo

£293

Cashflow/yr

£3,515

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £230K, average is £136.9K. £1.4K/m² to £3.5K/m², average is £2.4K/m².

Price
Date
Distance
Address
Beds
 
£111.2K10/230.07 mi21, Woolpack Green, Salford, Greater Manchester M6 7AY2
£60K08/250.22 miApartment 6, 9 The Maypole, Broughton Road, Salford M6 6LS2
£135K12/240.31 mi397 Theatre House, 18, Langworthy Road, Salford M6 7AH2
£103K03/240.37 mi2 Quince House, 10, Milton Place, Salford M6 5RL2
£138K04/240.37 mi2 Quince House, 16, Milton Place, Salford M6 5RL2
£230K09/240.37 mi71, Reservoir Street, Salford M6 5NB2
£115K06/210.39 mi20, Ashfield Close, Salford, Greater Manchester M6 8RQ2
£158K07/250.41 mi15, Ashfield Close, Salford M6 8RQ2
£216K06/250.41 mi6, Field Street, Salford M6 5EY2
£216K06/250.41 mi6, Field Street, Salford M6 5EY2
£145K05/230.41 mi16, Trentham Lawns, Salford, Greater Manchester M6 6QN2
£150K01/250.45 mi55, Chaplin Close, Salford M6 8FW2
£150K01/250.45 mi55, Chaplin Close, Salford M6 8FW2
£122K07/210.48 mi61, Chaplin Close, Salford, Greater Manchester M6 8FW2
£120K09/240.49 miHepburn Court, Flat 10, Monroe Close, Salford M6 8GH2
£127.5K11/230.5 miBogart Court, Flat 1, Monroe Close, Salford M6 8GH2
£140K03/250.5 mi70, Seedley Terrace, Salford M6 8RN2
£140K03/250.5 mi70, Seedley Terrace, Salford M6 8RN2
£145K10/220.51 miFlat 41, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£130K03/240.52 miGarbo Court, Flat 46, Monroe Close, Salford, Greater Manchester M6 8GH2
£130K07/240.52 miGarbo Court, Flat 35, Monroe Close, Salford, Greater Manchester M6 8GH2
£114K08/210.52 miFlat 40, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£135K06/230.52 miFlat 6, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£116K10/230.52 miFlat 8, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£147.5K10/220.52 miFlat 18, Hepburn Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£150K07/240.53 miGarbo Court, Flat 44, Monroe Close, Salford M6 8GH2
£130K03/240.53 miGarbo Court, Flat 46, Monroe Close, Salford M6 8GH2
£133K09/240.53 miGarbo Court, Flat 29, Monroe Close, Salford M6 8GH2
£150.5K05/220.64 miFlat 15, Ailsa House, Langworthy Road, Salford, Greater Manchester M6 5SW2
£115K06/210.73 miFlat 25, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£136.8K04/230.73 miFlat 31, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£137.5K05/230.73 miFlat 37, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£136K12/220.73 miFlat 36, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£150K08/230.73 miFlat 11, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£132K07/250.75 mi2, Ellishaw Row, Eccles New Road, Salford M5 4UJ2
£140K07/230.76 miFlat 49, Redmires Court, Eccles New Road, Salford, Greater Manchester M5 4US2
£127.5K06/210.76 miFlat 1, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ2
£137K11/230.76 miFlat 21, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ2
£145K11/220.76 miFlat 1, Wearhead Row, Eccles New Road, Salford, Greater Manchester M5 4UH2
£170K11/240.76 mi6, Apartment 36, Langworthy Road, Salford M5 4HE2
£117.5K11/210.76 miFlat 23, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UL2
£152K07/230.97 mi17, Princeton Close, Salford, Greater Manchester M6 8QL2
£130K10/230.97 mi25, Princeton Close, Salford, Greater Manchester M6 8QL2
£138.5K11/210.98 mi3, Wortley Avenue, Salford, Greater Manchester M6 8DB2
£113.5K09/240.98 mi24, Harvard Grove, Salford M6 8GT2
£162.5K12/240.99 mi56 Lexington Court, Apartment 112, Broadway, Salford M50 2UG2
£115K01/230.99 mi10, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£168K12/241 mi43, Blackburn Street, Salford, Greater Manchester M3 6AS2
£125K12/221 mi65, Blackburn Street, Salford, Greater Manchester M3 6AS2
£162.5K02/251 mi24, Linen Court, Salford M3 6JG2

Local Rents

50 rents from £368/mo to £1.9K/mo, average is £1.1K/mo.

Rent
Date
Distance
Address
Beds
 
£95008/250 miChurch Green, Salford, Greater Manchester, M62
£1,00008/250.07 miRosehill Close, Greater Manchester, SALFORD, M62
£36808/250.12 miSeedley Road, Salford, Manchester, M6 7LX2
£39805/250.14 miBelhill Gardens, Seedley Road, Salford, M6 7LX2
£1,18005/250.17 mi-2
£1,20010/250.17 miBrindle Heath Road, Salford2
£1,10008/250.18 miMaurice Street, Salford, Greater Manchester, M62
£1,00009/250.19 miMaurice Street, Salford, Greater Manchester, M62
£1,00005/240.19 miMaurice Street, Salford, Greater Manchester, M62
£1,42505/240.2 miEccles Old Road, Pendleton, Salford, M62
£1,20005/240.2 miEccles Old Road, Pendleton, Salford, M62
£1,00005/240.2 miEccles Old Road, Pendleton, Salford, M62
£1,07506/240.2 miEccles Old Road, Pendleton, Salford, M62
£1,19508/250.2 miEccles Old Road, Pendleton, Salford, M62
£1,25012/240.21 mi-2
£1,22010/250.21 mi-2
£39806/250.22 miElkanagh Gardens , Seedley Road, Salford, M6 7LU2
£1,00010/250.24 mi-2
£1,10008/250.24 miBrindle Heath Road, Salford, M62
£1,25011/250.25 miCoomassie Street, Salford2
£80008/250.25 miCoomassie Street, Salford, Greater Manchester, M62
£1,25006/250.26 miBrindle Heath Road, Salford, M62
£1,25006/250.26 mi-2
£1,40005/240.26 miBlock C Alto, Sullivan Way, M3 6GD2
£1,15006/250.26 miLadywell Point, Pilgrims Way, Salford, M50 1AU2
£1,85005/240.26 mi-2
£1,00004/250.27 mi-2
£90011/250.27 miBroughton Road, Salford, Greater Manchester, M62
£1,10006/250.27 miNave Court, Salford, Greater Manchester, M62
£1,45012/240.28 mi-2
£1,30006/250.28 miShale Lane Salford M52
£1,32505/250.28 miMiddlewood Locks, Salford2
£1,15011/250.28 miSandringham House, M5 4AX2
£98011/250.28 miPark Road Salford M62
£1,25004/250.28 mi-2
£1,20005/240.28 mi-2
£82508/250.28 miSpring Gardens, Salford2
£62507/250.28 miSpring Gardens, Salford2
£1,00007/250.28 miJones Street, Salford, Greater Manchester, M62
£1,00008/250.28 miJones Street, Salford, Greater Manchester, M62
£95005/240.29 miSpring Gardens, Salford, M62
£1,10007/250.29 miJones Street, Salford2
£1,10008/250.29 miJones Street, Salford2
£1,00005/240.29 miLangworthy Road, Salford, Greater Manchester, M62
£90005/240.29 miSpring Gardens, Salford2
£1,10009/250.29 miJones Street, Salford, M62
£1,10006/250.3 miJones Street, Salford2
£1,10011/250.3 mi-2
£1,10010/250.3 miJones Street, Salford, M62
£1,20007/250.3 miOsborne Street, Salford, M62

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.13 miles away

Nearest school

0.30 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £140,000

June 22, 2023

Floor Plans

Property image

Description

  • Spacious 2-bedroom flat +
  • Neutrally decorated throughout +
  • Well-equipped kitchen with dining space +
  • Double bedrooms for ample space +
  • Excellent public transport links +
  • Close proximity to nearby schools +
  • Convenient access to local amenities +
  • Beautiful nearby parks for relaxation +
  • Impressive EPC rating of C +
  • Affordable council tax band A +

WALKING DISTANCE TO TESCO EXTRA NEXT TO A580 AND BUS DIRECT TO MANCHESTER TOP FLOOR WITH LOFT ACCESS TWO DOUBLE BEDROOMS CLOSE TO BUILE HILL PARK Welcome to this delightful 2-bedroom flat located in a prime location in England. This neutrally decorated property has everything you need for comfortable living.

Upon entering the flat, you are greeted by a spacious reception room, perfect for relaxing and entertaining. The flat also boasts a well-equipped kitchen with a dining space, making it ideal for enjoying meals with family and friends.

The two double bedrooms offer ample space for a growing family or for couples looking for a comfortable living environment. The neutral decor throughout the property ensures a calming ambiance, allowing you to make it your own.

This property is located in an area that offers excellent public transport links, making commuting a breeze. Families will benefit from the proximity to nearby schools, providing convenience for busy parents. Local amenities are also within easy reach, ensuring that all your daily needs are catered for. For those who enjoy being surrounded by nature, nearby parks provide the perfect escape from the bustle of city life.

In terms of energy efficiency, the flat has been awarded an impressive EPC rating of C, meaning you can enjoy reduced energy costs. The council tax band for this property is A, further enhancing its affordability.

Whether you are a growing family or a couple looking for a comfortable abode, this flat is an ideal choice. Don't miss out on the opportunity to make this property your new home. Contact us today to arrange a viewing!

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 most cases.

SAF220571/2

Agent Details

Reeds Rains, Salford

0161 524 9343

Next Steps?

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