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2 Bed Flat, Single Let, Salford, M6 6EH £135,000
ValuationFair Value
| Sold Prices | £60K - £182.5K |
| Sold Prices/m² | £1.1K/m² - £3.5K/m² |
| |
Square Metres | ~52.60 m² |
| Price/m² | £2.6K/m² |
Value Estimate | £134,459£134,459 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £33,750£33,750 |
Stamp Duty & Legal Fees | £8,150£8,150 |
Total Cash In | £41,900£41,900 |
| |
Cash Out | |
Rent Range | £825 - £1,480£825 - £1,480 |
Rent Estimate | £894 |
Running Costs/mo | £621£621 |
Cashflow/mo | £273£273 |
Cashflow/yr | £3,280£3,280 |
ROI | 8%8% |
Gross Yield | 8%8% |
Local Sold Prices
50 sold prices from £60K to £182.5K, average is £138.8K. £1.1K/m² to £3.5K/m², average is £2.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £150K | 09/24 | 0.38 mi | 33, Flat 8, Duke Street, Salford M7 1PR | £2,727 | 55 | 2 | Flat | ||
| £130K | 08/24 | 0.38 mi | 33, Flat 11, Duke Street, Salford M7 1PR | £2,407 | 54 | 2 | Flat | ||
| £180K | 05/25 | 0.42 mi | Apartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ | £3,103 | 58 | 2 | Flat | ||
| £180K | 05/25 | 0.42 mi | Apartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ | - | - | 2 | Flat | ||
| £145K | 05/23 | 0.43 mi | 16, Trentham Lawns, Salford, Greater Manchester M6 6QN | - | - | 2 | Flat | ||
| £140K | 02/25 | 0.49 mi | 236, Camp Street, Salford, Greater Manchester M7 1ZN | £2,642 | 53 | 2 | Flat | ||
| £123K | 03/25 | 0.5 mi | 358, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £140K | 02/25 | 0.5 mi | 236, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £123K | 03/25 | 0.5 mi | 358, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £140K | 02/25 | 0.5 mi | 236, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £165K | 12/24 | 0.52 mi | 125, Apartment 4, Great Clowes Street, Salford M7 1AL | £3,000 | 55 | 2 | Flat | ||
| £60K | 08/25 | 0.62 mi | Apartment 6, 9 The Maypole, Broughton Road, Salford M6 6LS | - | - | 2 | Flat | ||
| £120K | 01/23 | 0.67 mi | 3, Betula Grove, Salford, Greater Manchester M7 2AB | £1,905 | 63 | 2 | Flat | ||
| £169K | 03/25 | 0.67 mi | 115, Blackburn Street, Salford M3 6AS | £3,189 | 53 | 2 | Flat | ||
| £158K | 04/25 | 0.67 mi | Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ | £2,394 | 66 | 2 | Flat | ||
| £158K | 04/25 | 0.67 mi | Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ | - | - | 2 | Flat | ||
| £131K | 06/21 | 0.67 mi | 88, Velour Close, Salford, Greater Manchester M3 6AP | £2,569 | 51 | 2 | Flat | ||
| £139.5K | 09/21 | 0.67 mi | 76, Velour Close, Salford, Greater Manchester M3 6AP | £2,632 | 53 | 2 | Flat | ||
| £110K | 09/21 | 0.67 mi | 44, Velour Close, Salford, Greater Manchester M3 6AP | - | - | 2 | Flat | ||
| £125K | 12/22 | 0.68 mi | 65, Blackburn Street, Salford, Greater Manchester M3 6AS | £2,404 | 52 | 2 | Flat | ||
| £168K | 12/24 | 0.68 mi | 43, Blackburn Street, Salford, Greater Manchester M3 6AS | £3,500 | 48 | 2 | Flat | ||
| £168K | 12/24 | 0.7 mi | 43, Blackburn Street, Salford M3 6AS | £3,500 | 48 | 2 | Flat | ||
| £103K | 03/24 | 0.71 mi | 2 Quince House, 10, Milton Place, Salford M6 5RL | £1,791 | 58 | 2 | Flat | ||
| £138K | 04/24 | 0.71 mi | 2 Quince House, 16, Milton Place, Salford M6 5RL | £2,339 | 59 | 2 | Flat | ||
| £166K | 01/23 | 0.75 mi | 57, Linen Court, Salford, Greater Manchester M3 6JG | £2,594 | 64 | 2 | Flat | ||
| £168K | 12/22 | 0.75 mi | 61, Linen Court, Salford, Greater Manchester M3 6JG | £2,597 | 65 | 2 | Flat | ||
| £170K | 05/23 | 0.75 mi | 17, Linen Court, Salford, Greater Manchester M3 6JG | £3,333 | 51 | 2 | Flat | ||
| £135K | 09/23 | 0.75 mi | 44, Linen Court, Salford, Greater Manchester M3 6JG | £1,957 | 69 | 2 | Flat | ||
| £162.5K | 02/25 | 0.75 mi | 24, Linen Court, Salford, Greater Manchester M3 6JG | £2,802 | 58 | 2 | Flat | ||
| £161.5K | 01/25 | 0.75 mi | 60, Linen Court, Salford, Greater Manchester M3 6JG | £2,563 | 63 | 2 | Flat | ||
| £125K | 08/21 | 0.76 mi | 44, Calico Close, Salford, Greater Manchester M3 6AH | £2,273 | 55 | 2 | Flat | ||
| £135K | 02/23 | 0.76 mi | 38, Calico Close, Salford, Greater Manchester M3 6AH | £2,455 | 55 | 2 | Flat | ||
| £162.5K | 02/25 | 0.76 mi | 24, Linen Court, Salford M3 6JG | £2,802 | 58 | 2 | Flat | ||
| £162.5K | 02/25 | 0.76 mi | 24, Linen Court, Salford M3 6JG | £2,802 | 58 | 2 | Flat | ||
| £182.5K | 05/25 | 0.76 mi | 33, Linen Court, Salford M3 6JG | £2,944 | 62 | 2 | Flat | ||
| £120K | 09/21 | 0.77 mi | 36, Angora Drive, Salford, Greater Manchester M3 6AR | £2,596 | 46 | 2 | Flat | ||
| £72K | 11/21 | 0.81 mi | Flat 53, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST | - | - | 2 | Flat | ||
| £105K | 07/23 | 0.81 mi | Flat 71, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST | - | - | 2 | Flat | ||
| £69.5K | 03/24 | 0.81 mi | Tilehurst Court, Flat 70, Kersal Way, Salford, Greater Manchester M7 3ST | £1,086 | 64 | 2 | Flat | ||
| £90K | 10/23 | 0.82 mi | Tilehurst Court, Flat 61, Kersal Way, Salford M7 3ST | £1,525 | 59 | 2 | Flat | ||
| £83K | 10/24 | 0.82 mi | Tilehurst Court, Flat 14, Kersal Way, Salford M7 3ST | £1,221 | 68 | 2 | Flat | ||
| £91K | 10/24 | 0.82 mi | Tilehurst Court, Flat 28, Kersal Way, Salford M7 3ST | £1,492 | 61 | 2 | Flat | ||
| £72K | 06/25 | 0.82 mi | Flat 1, Tilehurst Court, Kersal Way, Salford M7 3ST | - | - | 2 | Flat | ||
| £111.2K | 10/23 | 0.85 mi | 21, Woolpack Green, Salford, Greater Manchester M6 7AY | £1,444 | 77 | 2 | Flat | ||
| £160K | 09/22 | 0.89 mi | 6, St Albans Terrace, Manchester, Greater Manchester M8 8BZ | £2,462 | 65 | 2 | Flat | ||
| £108K | 07/23 | 0.9 mi | Flat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester M3 7LB | - | - | 2 | Flat | ||
| £110K | 02/25 | 0.92 mi | Riverbank Tower, Flat 45, Bridgewater Street, Salford, Greater Manchester M3 7JY | £1,507 | 73 | 2 | Flat | ||
| £156K | 02/23 | 0.93 mi | 59, Waterloo Road, Manchester, Greater Manchester M8 8BY | £2,261 | 69 | 2 | Flat | ||
| £130K | 02/25 | 0.93 mi | Adelphi Wharf 3, Apartment 614, Adelphi Street, Salford M3 6GL | £1,970 | 66 | 2 | Flat | ||
| £166K | 07/23 | 0.96 mi | 19, Lockett Gardens, Salford, Greater Manchester M3 6BJ | £2,721 | 61 | 2 | Flat |
Local Rents
50 rents from £825/mo to £1.5K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,200 | 09/25 | 0.07 mi | Cairn Drive, Salford, Greater Manchester, M6 | 2 | Terraced House | ||
| £1,150 | 05/24 | 0.08 mi | Lower Broughton Road, Salford, Greater Manchester, M7 | 2 | Flat | ||
| £1,200 | 05/24 | 0.08 mi | Lower Broughton Road, Salford, Greater Manchester, M7 | 2 | Flat | ||
| £950 | 08/25 | 0.08 mi | Seaford Road, Salford | 2 | Terraced House | ||
| £950 | 08/25 | 0.1 mi | Cromwell Road, Salford, M6 | 2 | Terraced House | ||
| £1,200 | 07/25 | 0.1 mi | - | 2 | Flat | ||
| £1,175 | 08/25 | 0.1 mi | Crossbank Apartments | 2 | Flat | ||
| £1,095 | 06/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 06/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,075 | 07/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 07/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 07/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 07/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 05/24 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 05/24 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 06/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,200 | 06/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,150 | 07/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,150 | 06/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,110 | 08/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,075 | 07/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,150 | 07/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 07/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 07/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 08/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 08/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,110 | 08/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,150 | 10/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,200 | 11/25 | 0.1 mi | Crossbank House, 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 05/24 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 03/24 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 03/24 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 03/24 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,150 | 06/25 | 0.1 mi | Crossbank House, Lower Broughton Road, Manchester, Greater Manchester, M7 | 2 | Flat | ||
| £1,200 | 06/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 06/25 | 0.1 mi | 300 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,150 | 07/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,100 | 10/25 | 0.1 mi | Crossbank House, Manchester, M7 2GX, [REF: bBC2gp] | 2 | Flat | ||
| £1,150 | 09/25 | 0.1 mi | Crossbank, Salford | 2 | Flat | ||
| £1,480 | 04/25 | 0.1 mi | - | 2 | Terraced House | ||
| £1,195 | 06/24 | 0.1 mi | Crossbank House, 300 Lower Broughton, Salford, M7 | 2 | Flat | ||
| £1,000 | 06/25 | 0.11 mi | Lower Broughton Road, Salford | 2 | Flat | ||
| £850 | 07/25 | 0.11 mi | Broughton Place, 266 Lower Broughton Road | 2 | Flat | ||
| £825 | 08/25 | 0.11 mi | Broughton Place, Broughton | 2 | Flat | ||
| £1,150 | 08/25 | 0.12 mi | Broughton Place, 266 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,300 | 10/25 | 0.12 mi | Broughton Place, 266 Lower Broughton Road, Salford, Manchester, M7 | 2 | Flat | ||
| £1,225 | 10/25 | 0.12 mi | Broughton Place, 266 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,200 | 11/25 | 0.12 mi | Broughton Place, 266 Lower Broughton Road, Salford, M7 | 2 | Flat | ||
| £1,100 | 10/25 | 0.12 mi | Broughton Place, Salford | 2 | Flat | ||
| £840 | 08/25 | 0.12 mi | Broughton Place, 266 Lower Broughton Road | 2 | Flat |
Local Area Statistics
Population in M6 | 31,26831,268 |
Population in Salford | 88,69788,697 |
Town centre distance | 1.39 miles away1.39 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.81 miles away0.81 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 £135,000
May 17, 2024
Floor Plans
Description
- Neutrally decorated interior for personalisation +
- Spacious double bedroom +
- Comfortable single bedroom for guests +
- Well-appointed bathroom with heated towel rail +
- Kitchen dining space +
- Reception room overlooking garden +
- Ideal location with public transport links +
- Walking distance to Salford shopping centre +
- Close to Manchester City Centre +
- Near to Salford Universities +
Reeds Rains would like to introduce this meticulously presented cottage flat, now on the market for discerning buyers. This property boasts a neutrally decorated interior, allowing potential homeowners the freedom to personalise their living space to their taste.
The flat comprises two bedrooms, a bathroom, a kitchen, and a reception room. Bedroom one is a spacious double, flooded with natural light, offering an inviting atmosphere. The second bedroom is a comfortable single room, perfect for use as a guest room or home office. The bathroom is well-appointed and features, fully tiled walls and flooring and a heated towel rail for your comfort.
The heart of the home, the kitchen, provides a dining space for two, perfect for casual meals and entertaining. The reception room, with its large window, overlooks a garden to the rear and the River Irwell.
Situated in an area well-serviced by public transport links, this property is ideal for buyers seeking a blend of suburban tranquility and city convenience. Nearby schools make this location perfect for those considering starting a family. An array of local amenities are within easy reach, and the green spaces, nearby parks, walking routes, and cycling routes offer plenty of opportunities for outdoor activities and relaxation.
In conclusion, this first floor flat promises a comfortable, convenient lifestyle, and the opportunity to create a home tailored to your personal style and needs. Don't miss out on the chance to view this fantastic property.
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.
SAF240151/2
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