ValuationUndervalued

Sold Prices	£105K - £205K
Sold Prices/m²	£1.8K/m² - £3.2K/m²

Square Metres	~62.60 m²
Price/m²	£2.2K/m²
Value Estimate	£148,383£148,383
BMV	6%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£35,000£35,000
Stamp Duty & Legal Fees	£8,500£8,500
Total Cash In	£43,500£43,500

Cash Out
Rent Range	£600 - £1,400£600 - £1,400
Rent Estimate	£900
Running Costs/mo	£638£638
Cashflow/mo	£263£263
Cashflow/yr	£3,150£3,150
ROI	7%7%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £105K to £205K, average is £140K. £1.8K/m² to £3.2K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£140K	07/25	0.01 mi	Flat 11, Woolston House, Moss Meadow Road, Salford M6 8PL	-	-	2	Flat
£126K	06/25	0.03 mi	Flat 6, Wardley House, Moss Meadow Road, Salford M6 8PJ	£1,969	64	2	Flat
£126K	06/25	0.03 mi	Flat 6, Wardley House, Moss Meadow Road, Salford M6 8PJ	-	-	2	Flat
£135K	04/23	0.14 mi	Flat 52, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£117K	02/23	0.14 mi	Flat 31, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£140K	05/23	0.14 mi	Flat 42, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£105K	06/21	0.14 mi	Flat 22, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£122.5K	03/23	0.14 mi	Flat 59, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£147K	11/22	0.14 mi	Flat 28, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£140K	07/22	0.15 mi	Flat 10, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£152K	07/23	0.19 mi	17, Princeton Close, Salford, Greater Manchester M6 8QL	£3,234	47	2	Flat
£130K	10/23	0.19 mi	25, Princeton Close, Salford, Greater Manchester M6 8QL	£2,642	49	2	Flat
£113.5K	09/24	0.2 mi	24, Harvard Grove, Salford M6 8GT	£2,415	47	2	Flat
£160K	03/25	0.22 mi	78, Lancaster Road, Salford M6 8AW	-	-	2	Flat
£160K	03/25	0.22 mi	78, Lancaster Road, Salford M6 8AW	£2,909	55	2	Flat
£165K	02/25	0.28 mi	Flat 26, The Hollies, Eccles Old Road, Salford M6 8AL	-	-	2	Flat
£165K	02/25	0.28 mi	The Hollies, Flat 26, Eccles Old Road, Salford M6 8AL	£2,538	65	2	Flat
£150K	03/25	0.31 mi	11, St James Court, Salford M6 8EH	£2,679	56	2	Flat
£150K	03/25	0.31 mi	11, St James Court, Salford M6 8EH	-	-	2	Flat
£160K	06/25	0.32 mi	23, St James Court, Salford M6 8EH	£2,857	56	2	Flat
£160K	06/25	0.32 mi	23, St James Court, Salford M6 8EH	-	-	2	Flat
£134K	08/23	0.39 mi	11, Whitby Avenue, Salford, Greater Manchester M6 8BW	£1,914	70	2	Flat
£152K	08/22	0.39 mi	14, Whitby Avenue, Salford, Greater Manchester M6 8BW	-	-	2	Flat
£205K	08/22	0.44 mi	9, Orama Avenue, Salford, Greater Manchester M6 8LL	£2,440	84	2	Flat
£138.5K	11/21	0.45 mi	3, Wortley Avenue, Salford, Greater Manchester M6 8DB	£2,164	64	2	Flat
£151K	12/23	0.49 mi	Victoria House, Flat 17, Victoria Road, Salford, Greater Manchester M6 8LF	£2,475	61	2	Flat
£155K	02/23	0.49 mi	Flat 21, Knowles Court, Eccles Old Road, Salford, Greater Manchester M6 8ES	-	-	2	Flat
£162K	11/21	0.51 mi	4, Dante Close, Eccles, Manchester, Greater Manchester M30 9DT	£2,746	59	2	Flat
£150K	07/24	0.56 mi	Garbo Court, Flat 44, Monroe Close, Salford M6 8GH	£2,941	51	2	Flat
£130K	03/24	0.56 mi	Garbo Court, Flat 46, Monroe Close, Salford M6 8GH	£2,364	55	2	Flat
£133K	09/24	0.56 mi	Garbo Court, Flat 29, Monroe Close, Salford M6 8GH	£2,956	45	2	Flat
£171.8K	07/22	0.57 mi	Flat 13, Portland House, Eccles Old Road, Salford, Greater Manchester M6 8HJ	-	-	2	Flat
£182K	09/23	0.57 mi	Flat 3, Portland House, Eccles Old Road, Salford, Greater Manchester M6 8HJ	-	-	2	Flat
£135K	08/24	0.58 mi	41, Pinhigh Place, Salford M6 8ND	£1,800	75	2	Flat
£145K	12/24	0.58 mi	59, Pinhigh Place, Salford M6 8ND	£2,417	60	2	Flat
£136.9K	12/24	0.58 mi	37, Pinhigh Place, Salford M6 8ND	£2,403	57	2	Flat
£130K	03/24	0.58 mi	Garbo Court, Flat 46, Monroe Close, Salford, Greater Manchester M6 8GH	£2,364	55	2	Flat
£130K	07/24	0.58 mi	Garbo Court, Flat 35, Monroe Close, Salford, Greater Manchester M6 8GH	£2,453	53	2	Flat
£114K	08/21	0.58 mi	Flat 40, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£135K	06/23	0.58 mi	Flat 6, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£116K	10/23	0.58 mi	Flat 8, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£147.5K	10/22	0.58 mi	Flat 18, Hepburn Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£133K	09/21	0.58 mi	6, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,180	61	2	Flat
£150K	06/24	0.58 mi	22, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,344	64	2	Flat
£150K	03/23	0.58 mi	7, Pinhigh Place, Salford, Greater Manchester M6 8ND	£1,794	84	2	Flat
£133K	02/24	0.58 mi	9, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,660	50	2	Flat
£130K	09/21	0.58 mi	61, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,281	57	2	Flat
£116K	10/21	0.58 mi	12, Pinhigh Place, Salford, Greater Manchester M6 8ND	£1,785	65	2	Flat
£124K	11/21	0.58 mi	42, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,322	53	2	Flat
£145K	10/22	0.58 mi	Flat 41, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat

Local Rents

50 rents from £600/mo to £1.4K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£950	10/25	0.04 mi	-	2	Flat
£950	10/25	0.04 mi	-	2	Flat
£950	05/25	0.04 mi	Gloucester Road, Salford, M6	2	Flat
£950	07/25	0.04 mi	Gloucester Road, Salford, M6	2	Flat
£950	09/25	0.04 mi	Gloucester Road, Salford, M6	2	Flat
£1,100	11/25	0.06 mi	Cholmondeley Road, Salford	2	Flat
£695	07/25	0.1 mi	Graham Road, Salford	2	Terraced House
£895	08/25	0.11 mi	Graham Road, Salford, M6	2	Flat
£995	12/24	0.11 mi	-	2	Flat
£950	11/25	0.11 mi	Chomlea Manor Claremont Road, Salford, M6	2	Flat
£875	05/24	0.12 mi	Cholmondeley Road, Salford, M6	2	Flat
£1,175	10/25	0.13 mi	-	2	Flat
£1,100	10/25	0.13 mi	Claremont Road, Salford, M6	2	Flat
£1,175	10/25	0.13 mi	Claremont Road, Salford, M6	2	Flat
£625	07/25	0.14 mi	Rivington Court, Salford, Manchester, M6	2	Flat
£1,100	07/25	0.14 mi	Hayfield Road, Salford	2	Terraced House
£1,100	10/25	0.14 mi	Hayfield Road, Salford	2	Terraced House
£795	08/25	0.14 mi	Hayfield Road, Salford	2	Flat
£1,300	01/25	0.15 mi	-	2	Flat
£1,150	11/25	0.16 mi	-	2	Terraced House
£900	05/24	0.19 mi	Princeton Close, Salford, Lancashire, M6	2	Flat
£1,000	11/25	0.19 mi	Princeton Close, Salford, Lancashire, M6	2	Flat
£1,275	02/25	0.2 mi	-	2	Terraced House
£1,250	07/25	0.2 mi	Light Oaks Road, Salford, M6	2	Terraced House
£1,250	06/25	0.2 mi	Light Oaks Road, Salford	2	Terraced House
£1,150	03/25	0.2 mi	-	2	Terraced House
£1,400	08/25	0.2 mi	-	2	Flat
£1,100	08/25	0.21 mi	-	2	Flat
£850	08/25	0.21 mi	Hayfield Road, Salford	2	Terraced House
£900	11/25	0.21 mi	Fairhope Court, 3 Fairhope Avenue, Salford, M6	2	Flat
£1,100	08/25	0.22 mi	-	2	Flat
£900	06/24	0.23 mi	-	2	Flat
£900	06/24	0.23 mi	Heathfields, Lancaster Road, Salford	2	Flat
£1,000	11/25	0.23 mi	Heathfields, Lancaster Road, Salford, M6	2	Flat
£895	08/25	0.23 mi	Lancaster Road, Salford, M6	2	Flat
£695	08/25	0.24 mi	Heathfields, Lancaster Road, Salford	2	Flat
£725	07/25	0.24 mi	Heathfields, Salford	2	Flat
£900	05/24	0.29 mi	Voltaire Avenue, Salford, M6	2	Flat
£600	08/25	0.3 mi	The Hollies, Eccles Old Road, Salford	2	Flat
£1,000	08/25	0.3 mi	The Hollies, 216-218 Eccles Old Road, Salford, Greater Manchester, M6	2	Flat
£1,100	02/25	0.32 mi	-	2	Flat
£900	09/25	0.33 mi	216-218 Eccles Old Road, Salford, M6	2	Flat
£900	11/25	0.33 mi	216-218 Eccles Old Road, Salford, M6	2	Flat
£850	08/25	0.33 mi	The Hollies, Eccles Old Road, Salford	2	Flat
£975	07/25	0.33 mi	The Hollies, Eccles Old Road, Salford	2	Flat
£825	08/25	0.36 mi	Pin High Place, Salford, Manchester, M6	2	Flat
£925	06/24	0.36 mi	Pinhigh Place, Salford, M6	2	Flat
£1,100	09/25	0.36 mi	Brookfield Avenue, Salford, Greater Manchester, M6	2	Semi-Detached House
£1,275	07/25	0.36 mi	Runswick Close, Manchester, Greater Manchester, M6	2	Terraced House
£1,195	05/24	0.37 mi	Moorfield Road, Salford	2	Detached House

Local Area Statistics

Population in M6	31,26831,268
Population in Salford	88,69788,697
Town centre distance	0.92 miles away0.92 miles away
Nearest school	0.10 miles away0.10 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

Price changed to £140,000

December 4, 2024

Listed for £130,000

June 10, 2024

Floor Plans

Description

Situated Within Close Proximity To Salford Royal +
Second Floor Apartment +
Spacious Living Accomidation +
Two Generous Bedrooms +
Private Balcony +
Residents Off Street Parking +

Situated in a highly sought-after area of Salford, this second-floor apartment offers convenient access to local amenities, parks, Salford Royal Hospital, and Manchester city center via rail, road, and bus routes.

The property features a spacious living room and a well-equipped kitchen with access to a private balcony. There are two generous bedrooms, with the master bedroom benefiting from fitted wardrobes. A modern bathroom completes the accommodation.

Externally, residents enjoy parking spaces at the front of the block and well-maintained lawned garden areas to the rear.

This flat is an ideal choice for professionals, first-time buyers, or investors seeking a property in a prime location.