2 Bed Flat, Single Let, Salford, M6 6EH £135,000

Basset Avenue, Salford, Greater Manchester, M6 6EH - 11 views - 2 years ago
Leasehold
BTL
ROI: 8%
~53 m²
Property image

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

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£8,150

Total Cash In

£41,900

 

 

Cash Out

 

Rent Range

£825 - £1,480

Rent Estimate

£894

Running Costs/mo

£621

Cashflow/mo

£273

Cashflow/yr

£3,280

ROI

8%

Gross Yield

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
Beds
 
£150K09/240.38 mi33, Flat 8, Duke Street, Salford M7 1PR2
£130K08/240.38 mi33, Flat 11, Duke Street, Salford M7 1PR2
£180K05/250.42 miApartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ2
£180K05/250.42 miApartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ2
£145K05/230.43 mi16, Trentham Lawns, Salford, Greater Manchester M6 6QN2
£140K02/250.49 mi236, Camp Street, Salford, Greater Manchester M7 1ZN2
£123K03/250.5 mi358, The Quadrant, Camp Street, Salford M7 1ZN2
£140K02/250.5 mi236, The Quadrant, Camp Street, Salford M7 1ZN2
£123K03/250.5 mi358, The Quadrant, Camp Street, Salford M7 1ZN2
£140K02/250.5 mi236, The Quadrant, Camp Street, Salford M7 1ZN2
£165K12/240.52 mi125, Apartment 4, Great Clowes Street, Salford M7 1AL2
£60K08/250.62 miApartment 6, 9 The Maypole, Broughton Road, Salford M6 6LS2
£120K01/230.67 mi3, Betula Grove, Salford, Greater Manchester M7 2AB2
£169K03/250.67 mi115, Blackburn Street, Salford M3 6AS2
£158K04/250.67 miFlat 5, Epsom Mews, Bury New Road, Salford M7 2BZ2
£158K04/250.67 miFlat 5, Epsom Mews, Bury New Road, Salford M7 2BZ2
£131K06/210.67 mi88, Velour Close, Salford, Greater Manchester M3 6AP2
£139.5K09/210.67 mi76, Velour Close, Salford, Greater Manchester M3 6AP2
£110K09/210.67 mi44, Velour Close, Salford, Greater Manchester M3 6AP2
£125K12/220.68 mi65, Blackburn Street, Salford, Greater Manchester M3 6AS2
£168K12/240.68 mi43, Blackburn Street, Salford, Greater Manchester M3 6AS2
£168K12/240.7 mi43, Blackburn Street, Salford M3 6AS2
£103K03/240.71 mi2 Quince House, 10, Milton Place, Salford M6 5RL2
£138K04/240.71 mi2 Quince House, 16, Milton Place, Salford M6 5RL2
£166K01/230.75 mi57, Linen Court, Salford, Greater Manchester M3 6JG2
£168K12/220.75 mi61, Linen Court, Salford, Greater Manchester M3 6JG2
£170K05/230.75 mi17, Linen Court, Salford, Greater Manchester M3 6JG2
£135K09/230.75 mi44, Linen Court, Salford, Greater Manchester M3 6JG2
£162.5K02/250.75 mi24, Linen Court, Salford, Greater Manchester M3 6JG2
£161.5K01/250.75 mi60, Linen Court, Salford, Greater Manchester M3 6JG2
£125K08/210.76 mi44, Calico Close, Salford, Greater Manchester M3 6AH2
£135K02/230.76 mi38, Calico Close, Salford, Greater Manchester M3 6AH2
£162.5K02/250.76 mi24, Linen Court, Salford M3 6JG2
£162.5K02/250.76 mi24, Linen Court, Salford M3 6JG2
£182.5K05/250.76 mi33, Linen Court, Salford M3 6JG2
£120K09/210.77 mi36, Angora Drive, Salford, Greater Manchester M3 6AR2
£72K11/210.81 miFlat 53, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST2
£105K07/230.81 miFlat 71, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST2
£69.5K03/240.81 miTilehurst Court, Flat 70, Kersal Way, Salford, Greater Manchester M7 3ST2
£90K10/230.82 miTilehurst Court, Flat 61, Kersal Way, Salford M7 3ST2
£83K10/240.82 miTilehurst Court, Flat 14, Kersal Way, Salford M7 3ST2
£91K10/240.82 miTilehurst Court, Flat 28, Kersal Way, Salford M7 3ST2
£72K06/250.82 miFlat 1, Tilehurst Court, Kersal Way, Salford M7 3ST2
£111.2K10/230.85 mi21, Woolpack Green, Salford, Greater Manchester M6 7AY2
£160K09/220.89 mi6, St Albans Terrace, Manchester, Greater Manchester M8 8BZ2
£108K07/230.9 miFlat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester M3 7LB2
£110K02/250.92 miRiverbank Tower, Flat 45, Bridgewater Street, Salford, Greater Manchester M3 7JY2
£156K02/230.93 mi59, Waterloo Road, Manchester, Greater Manchester M8 8BY2
£130K02/250.93 miAdelphi Wharf 3, Apartment 614, Adelphi Street, Salford M3 6GL2
£166K07/230.96 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2

Local Rents

50 rents from £825/mo to £1.5K/mo, average is £1.1K/mo.

Rent
Date
Distance
Address
Beds
 
£1,20009/250.07 miCairn Drive, Salford, Greater Manchester, M62
£1,15005/240.08 miLower Broughton Road, Salford, Greater Manchester, M72
£1,20005/240.08 miLower Broughton Road, Salford, Greater Manchester, M72
£95008/250.08 miSeaford Road, Salford2
£95008/250.1 miCromwell Road, Salford, M62
£1,20007/250.1 mi-2
£1,17508/250.1 miCrossbank Apartments2
£1,09506/250.1 miCrossbank, Salford2
£1,10006/250.1 miCrossbank, Salford2
£1,07507/250.1 miCrossbank, Salford2
£1,10007/250.1 miCrossbank, Salford2
£1,10007/250.1 miCrossbank, Salford2
£1,10007/250.1 miCrossbank, Salford2
£1,10005/240.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10005/240.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10006/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,20006/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,15007/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,15006/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,11008/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,07507/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,15007/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10007/250.1 miCrossbank, Salford2
£1,10007/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10008/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10008/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,11008/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,15010/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,20011/250.1 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10005/240.1 miCrossbank, Salford2
£1,10003/240.1 miCrossbank, Salford2
£1,10003/240.1 miCrossbank, Salford2
£1,10003/240.1 miCrossbank, Salford2
£1,15006/250.1 miCrossbank House, Lower Broughton Road, Manchester, Greater Manchester, M72
£1,20006/250.1 miCrossbank, Salford2
£1,10006/250.1 mi300 Lower Broughton Road, Salford, M72
£1,15007/250.1 miCrossbank, Salford2
£1,10010/250.1 miCrossbank House, Manchester, M7 2GX, [REF: bBC2gp]2
£1,15009/250.1 miCrossbank, Salford2
£1,48004/250.1 mi-2
£1,19506/240.1 miCrossbank House, 300 Lower Broughton, Salford, M72
£1,00006/250.11 miLower Broughton Road, Salford2
£85007/250.11 miBroughton Place, 266 Lower Broughton Road2
£82508/250.11 miBroughton Place, Broughton2
£1,15008/250.12 miBroughton Place, 266 Lower Broughton Road, Salford, M72
£1,30010/250.12 miBroughton Place, 266 Lower Broughton Road, Salford, Manchester, M72
£1,22510/250.12 miBroughton Place, 266 Lower Broughton Road, Salford, M72
£1,20011/250.12 miBroughton Place, 266 Lower Broughton Road, Salford, M72
£1,10010/250.12 miBroughton Place, Salford2
£84008/250.12 miBroughton Place, 266 Lower Broughton Road2

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.39 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £135,000

May 17, 2024

Floor Plans

Property image

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

Agent Details

Reeds Rains, Salford

0161 524 9343

Next Steps?

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