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2 Bed Flat, Single Let, Salford, M6 7DP £140,000
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£163,728 |
| BMV | 17% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £35,000£35,000 |
Stamp Duty & Legal Fees | £5,400£5,400 |
Total Cash In | £40,400£40,400 |
| |
Cash Out | |
Rent Range | £368 - £1,850£368 - £1,850 |
Rent Estimate | £938 |
Running Costs/mo | £645£645 |
Cashflow/mo | £293£293 |
Cashflow/yr | £3,515£3,515 |
ROI | 9%9% |
Gross Yield | 8%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 | Price/m² | m² | Beds | Type | ||
| £111.2K | 10/23 | 0.07 mi | 21, Woolpack Green, Salford, Greater Manchester M6 7AY | £1,444 | 77 | 2 | Flat | ||
| £60K | 08/25 | 0.22 mi | Apartment 6, 9 The Maypole, Broughton Road, Salford M6 6LS | - | - | 2 | Flat | ||
| £135K | 12/24 | 0.31 mi | 397 Theatre House, 18, Langworthy Road, Salford M6 7AH | £1,901 | 71 | 2 | Flat | ||
| £103K | 03/24 | 0.37 mi | 2 Quince House, 10, Milton Place, Salford M6 5RL | £1,791 | 58 | 2 | Flat | ||
| £138K | 04/24 | 0.37 mi | 2 Quince House, 16, Milton Place, Salford M6 5RL | £2,339 | 59 | 2 | Flat | ||
| £230K | 09/24 | 0.37 mi | 71, Reservoir Street, Salford M6 5NB | £2,500 | 92 | 2 | Flat | ||
| £115K | 06/21 | 0.39 mi | 20, Ashfield Close, Salford, Greater Manchester M6 8RQ | £1,386 | 83 | 2 | Flat | ||
| £158K | 07/25 | 0.41 mi | 15, Ashfield Close, Salford M6 8RQ | - | - | 2 | Flat | ||
| £216K | 06/25 | 0.41 mi | 6, Field Street, Salford M6 5EY | £2,512 | 86 | 2 | Flat | ||
| £216K | 06/25 | 0.41 mi | 6, Field Street, Salford M6 5EY | - | - | 2 | Flat | ||
| £145K | 05/23 | 0.41 mi | 16, Trentham Lawns, Salford, Greater Manchester M6 6QN | - | - | 2 | Flat | ||
| £150K | 01/25 | 0.45 mi | 55, Chaplin Close, Salford M6 8FW | £2,419 | 62 | 2 | Flat | ||
| £150K | 01/25 | 0.45 mi | 55, Chaplin Close, Salford M6 8FW | - | - | 2 | Flat | ||
| £122K | 07/21 | 0.48 mi | 61, Chaplin Close, Salford, Greater Manchester M6 8FW | - | - | 2 | Flat | ||
| £120K | 09/24 | 0.49 mi | Hepburn Court, Flat 10, Monroe Close, Salford M6 8GH | £2,222 | 54 | 2 | Flat | ||
| £127.5K | 11/23 | 0.5 mi | Bogart Court, Flat 1, Monroe Close, Salford M6 8GH | £2,713 | 47 | 2 | Flat | ||
| £140K | 03/25 | 0.5 mi | 70, Seedley Terrace, Salford M6 8RN | £1,728 | 81 | 2 | Flat | ||
| £140K | 03/25 | 0.5 mi | 70, Seedley Terrace, Salford M6 8RN | - | - | 2 | Flat | ||
| £145K | 10/22 | 0.51 mi | Flat 41, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH | - | - | 2 | Flat | ||
| £130K | 03/24 | 0.52 mi | Garbo Court, Flat 46, Monroe Close, Salford, Greater Manchester M6 8GH | £2,364 | 55 | 2 | Flat | ||
| £130K | 07/24 | 0.52 mi | Garbo Court, Flat 35, Monroe Close, Salford, Greater Manchester M6 8GH | £2,453 | 53 | 2 | Flat | ||
| £114K | 08/21 | 0.52 mi | Flat 40, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH | - | - | 2 | Flat | ||
| £135K | 06/23 | 0.52 mi | Flat 6, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH | - | - | 2 | Flat | ||
| £116K | 10/23 | 0.52 mi | Flat 8, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH | - | - | 2 | Flat | ||
| £147.5K | 10/22 | 0.52 mi | Flat 18, Hepburn Court, Monroe Close, Salford, Greater Manchester M6 8GH | - | - | 2 | Flat | ||
| £150K | 07/24 | 0.53 mi | Garbo Court, Flat 44, Monroe Close, Salford M6 8GH | £2,941 | 51 | 2 | Flat | ||
| £130K | 03/24 | 0.53 mi | Garbo Court, Flat 46, Monroe Close, Salford M6 8GH | £2,364 | 55 | 2 | Flat | ||
| £133K | 09/24 | 0.53 mi | Garbo Court, Flat 29, Monroe Close, Salford M6 8GH | £2,956 | 45 | 2 | Flat | ||
| £150.5K | 05/22 | 0.64 mi | Flat 15, Ailsa House, Langworthy Road, Salford, Greater Manchester M6 5SW | - | - | 2 | Flat | ||
| £115K | 06/21 | 0.73 mi | Flat 25, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG | - | - | 2 | Flat | ||
| £136.8K | 04/23 | 0.73 mi | Flat 31, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG | - | - | 2 | Flat | ||
| £137.5K | 05/23 | 0.73 mi | Flat 37, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG | - | - | 2 | Flat | ||
| £136K | 12/22 | 0.73 mi | Flat 36, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG | - | - | 2 | Flat | ||
| £150K | 08/23 | 0.73 mi | Flat 11, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG | - | - | 2 | Flat | ||
| £132K | 07/25 | 0.75 mi | 2, Ellishaw Row, Eccles New Road, Salford M5 4UJ | - | - | 2 | Flat | ||
| £140K | 07/23 | 0.76 mi | Flat 49, Redmires Court, Eccles New Road, Salford, Greater Manchester M5 4US | - | - | 2 | Flat | ||
| £127.5K | 06/21 | 0.76 mi | Flat 1, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ | - | - | 2 | Flat | ||
| £137K | 11/23 | 0.76 mi | Flat 21, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ | - | - | 2 | Flat | ||
| £145K | 11/22 | 0.76 mi | Flat 1, Wearhead Row, Eccles New Road, Salford, Greater Manchester M5 4UH | - | - | 2 | Flat | ||
| £170K | 11/24 | 0.76 mi | 6, Apartment 36, Langworthy Road, Salford M5 4HE | £2,931 | 58 | 2 | Flat | ||
| £117.5K | 11/21 | 0.76 mi | Flat 23, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UL | - | - | 2 | Flat | ||
| £152K | 07/23 | 0.97 mi | 17, Princeton Close, Salford, Greater Manchester M6 8QL | £3,234 | 47 | 2 | Flat | ||
| £130K | 10/23 | 0.97 mi | 25, Princeton Close, Salford, Greater Manchester M6 8QL | £2,642 | 49 | 2 | Flat | ||
| £138.5K | 11/21 | 0.98 mi | 3, Wortley Avenue, Salford, Greater Manchester M6 8DB | £2,164 | 64 | 2 | Flat | ||
| £113.5K | 09/24 | 0.98 mi | 24, Harvard Grove, Salford M6 8GT | £2,415 | 47 | 2 | Flat | ||
| £162.5K | 12/24 | 0.99 mi | 56 Lexington Court, Apartment 112, Broadway, Salford M50 2UG | £2,579 | 63 | 2 | Flat | ||
| £115K | 01/23 | 0.99 mi | 10, Sugar Mill Square, Salford, Greater Manchester M5 5EB | £2,091 | 55 | 2 | Flat | ||
| £168K | 12/24 | 1 mi | 43, Blackburn Street, Salford, Greater Manchester M3 6AS | £3,500 | 48 | 2 | Flat | ||
| £125K | 12/22 | 1 mi | 65, Blackburn Street, Salford, Greater Manchester M3 6AS | £2,404 | 52 | 2 | Flat | ||
| £162.5K | 02/25 | 1 mi | 24, Linen Court, Salford M3 6JG | £2,802 | 58 | 2 | Flat |
Local Rents
50 rents from £368/mo to £1.9K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £950 | 08/25 | 0 mi | Church Green, Salford, Greater Manchester, M6 | 2 | Flat | ||
| £1,000 | 08/25 | 0.07 mi | Rosehill Close, Greater Manchester, SALFORD, M6 | 2 | Flat | ||
| £368 | 08/25 | 0.12 mi | Seedley Road, Salford, Manchester, M6 7LX | 2 | Room | ||
| £398 | 05/25 | 0.14 mi | Belhill Gardens, Seedley Road, Salford, M6 7LX | 2 | Flat | ||
| £1,180 | 05/25 | 0.17 mi | - | 2 | Terraced House | ||
| £1,200 | 10/25 | 0.17 mi | Brindle Heath Road, Salford | 2 | Semi-Detached House | ||
| £1,100 | 08/25 | 0.18 mi | Maurice Street, Salford, Greater Manchester, M6 | 2 | Semi-Detached House | ||
| £1,000 | 09/25 | 0.19 mi | Maurice Street, Salford, Greater Manchester, M6 | 2 | Terraced House | ||
| £1,000 | 05/24 | 0.19 mi | Maurice Street, Salford, Greater Manchester, M6 | 2 | Detached House | ||
| £1,425 | 05/24 | 0.2 mi | Eccles Old Road, Pendleton, Salford, M6 | 2 | Flat | ||
| £1,200 | 05/24 | 0.2 mi | Eccles Old Road, Pendleton, Salford, M6 | 2 | Flat | ||
| £1,000 | 05/24 | 0.2 mi | Eccles Old Road, Pendleton, Salford, M6 | 2 | Flat | ||
| £1,075 | 06/24 | 0.2 mi | Eccles Old Road, Pendleton, Salford, M6 | 2 | Flat | ||
| £1,195 | 08/25 | 0.2 mi | Eccles Old Road, Pendleton, Salford, M6 | 2 | Flat | ||
| £1,250 | 12/24 | 0.21 mi | - | 2 | Semi-Detached House | ||
| £1,220 | 10/25 | 0.21 mi | - | 2 | Semi-Detached House | ||
| £398 | 06/25 | 0.22 mi | Elkanagh Gardens , Seedley Road, Salford, M6 7LU | 2 | Flat | ||
| £1,000 | 10/25 | 0.24 mi | - | 2 | Flat | ||
| £1,100 | 08/25 | 0.24 mi | Brindle Heath Road, Salford, M6 | 2 | Flat | ||
| £1,250 | 11/25 | 0.25 mi | Coomassie Street, Salford | 2 | Semi-Detached House | ||
| £800 | 08/25 | 0.25 mi | Coomassie Street, Salford, Greater Manchester, M6 | 2 | Semi-Detached House | ||
| £1,250 | 06/25 | 0.26 mi | Brindle Heath Road, Salford, M6 | 2 | Terraced House | ||
| £1,250 | 06/25 | 0.26 mi | - | 2 | Terraced House | ||
| £1,400 | 05/24 | 0.26 mi | Block C Alto, Sullivan Way, M3 6GD | 2 | Flat | ||
| £1,150 | 06/25 | 0.26 mi | Ladywell Point, Pilgrims Way, Salford, M50 1AU | 2 | Flat | ||
| £1,850 | 05/24 | 0.26 mi | - | 2 | Flat | ||
| £1,000 | 04/25 | 0.27 mi | - | 2 | Flat | ||
| £900 | 11/25 | 0.27 mi | Broughton Road, Salford, Greater Manchester, M6 | 2 | Flat | ||
| £1,100 | 06/25 | 0.27 mi | Nave Court, Salford, Greater Manchester, M6 | 2 | Semi-Detached House | ||
| £1,450 | 12/24 | 0.28 mi | - | 2 | Terraced House | ||
| £1,300 | 06/25 | 0.28 mi | Shale Lane Salford M5 | 2 | Flat | ||
| £1,325 | 05/25 | 0.28 mi | Middlewood Locks, Salford | 2 | Flat | ||
| £1,150 | 11/25 | 0.28 mi | Sandringham House, M5 4AX | 2 | Flat | ||
| £980 | 11/25 | 0.28 mi | Park Road Salford M6 | 2 | Flat | ||
| £1,250 | 04/25 | 0.28 mi | - | 2 | Terraced House | ||
| £1,200 | 05/24 | 0.28 mi | - | 2 | Terraced House | ||
| £825 | 08/25 | 0.28 mi | Spring Gardens, Salford | 2 | Terraced House | ||
| £625 | 07/25 | 0.28 mi | Spring Gardens, Salford | 2 | Terraced House | ||
| £1,000 | 07/25 | 0.28 mi | Jones Street, Salford, Greater Manchester, M6 | 2 | Terraced House | ||
| £1,000 | 08/25 | 0.28 mi | Jones Street, Salford, Greater Manchester, M6 | 2 | Terraced House | ||
| £950 | 05/24 | 0.29 mi | Spring Gardens, Salford, M6 | 2 | Terraced House | ||
| £1,100 | 07/25 | 0.29 mi | Jones Street, Salford | 2 | Terraced House | ||
| £1,100 | 08/25 | 0.29 mi | Jones Street, Salford | 2 | Terraced House | ||
| £1,000 | 05/24 | 0.29 mi | Langworthy Road, Salford, Greater Manchester, M6 | 2 | Terraced House | ||
| £900 | 05/24 | 0.29 mi | Spring Gardens, Salford | 2 | Terraced House | ||
| £1,100 | 09/25 | 0.29 mi | Jones Street, Salford, M6 | 2 | Terraced House | ||
| £1,100 | 06/25 | 0.3 mi | Jones Street, Salford | 2 | Terraced House | ||
| £1,100 | 11/25 | 0.3 mi | - | 2 | Terraced House | ||
| £1,100 | 10/25 | 0.3 mi | Jones Street, Salford, M6 | 2 | Terraced House | ||
| £1,200 | 07/25 | 0.3 mi | Osborne Street, Salford, M6 | 2 | Terraced House |
Local Area Statistics
Population in M6 | 31,26831,268 |
Population in Salford | 88,69788,697 |
Town centre distance | 1.13 miles away1.13 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.62 miles away0.62 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +10%+10% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +22%+22% |
Property History
Listed for £140,000
June 22, 2023
Floor Plans
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
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