2 Bed Flat, Single Let, Salford, M6 7AH, £135,000

Langworthy Road, Salford, Greater Manchester, M6 7AH - 15 views - 9 months ago

Leasehold
BTL
ROI: 10%
~66 m²
+5 photos

ValuationUndervalued

Sold Prices£98K - £228K
Sold Prices/m²£1.4K/m² - £3.2K/m²

 

 

Square Metres

~66 m²
Price/m²£2K/m²

Value Estimate

£140,414
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£825 - £2,800

Rent Estimate

£950

Running Costs/mo

£632

Cashflow/mo

£318

Cashflow/yr

£3,818

ROI

10%

Gross Yield

8%

Local Sold Prices

50 sold prices from £98K to £228K, average is £121K. £1.4K/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£122K07/210.17 mi61, Chaplin Close, Salford, Greater Manchester M6 8FW2
£228K11/200.17 mi19, Chaplin Close, Salford, Greater Manchester M6 8FW2
£145K10/220.23 miFlat 41, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£130K03/240.24 miGarbo Court, Flat 46, Monroe Close, Salford, Greater Manchester M6 8GH2
£114K08/210.24 miFlat 40, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£135K06/230.24 miFlat 6, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£116K10/230.24 miFlat 8, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£114K02/210.24 miFlat 2, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£120K01/210.24 miFlat 20, Flynn Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£120K11/200.24 miFlat 38, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£147.5K10/220.24 miFlat 18, Hepburn Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£115K06/210.24 mi20, Ashfield Close, Salford, Greater Manchester M6 8RQ2
£111.2K10/230.25 mi21, Woolpack Green, Salford, Greater Manchester M6 7AY2
£145K05/230.65 mi16, Trentham Lawns, Salford, Greater Manchester M6 6QN2
£152K07/230.69 mi17, Princeton Close, Salford, Greater Manchester M6 8QL2
£130K10/230.69 mi25, Princeton Close, Salford, Greater Manchester M6 8QL2
£135K04/230.7 miFlat 52, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£117K02/230.7 miFlat 31, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£140K05/230.7 miFlat 42, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£109K10/200.7 miFlat 5, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£105K06/210.7 miFlat 22, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£122.5K03/230.7 miFlat 59, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£147K11/220.7 miFlat 28, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£140K07/220.7 miFlat 10, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£150.5K05/220.72 miFlat 15, Ailsa House, Langworthy Road, Salford, Greater Manchester M6 5SW2
£138.5K11/210.76 mi3, Wortley Avenue, Salford, Greater Manchester M6 8DB2
£145K11/220.85 miFlat 1, Wearhead Row, Eccles New Road, Salford, Greater Manchester M5 4UH2
£111K04/210.86 miFlat 16, Wearhead Row, Eccles New Road, Salford, Greater Manchester M5 4UH2
£127.5K06/210.88 miFlat 1, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ2
£137K11/230.88 miFlat 21, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ2
£115K01/230.88 mi10, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£105K09/230.88 mi58, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£117K03/210.88 mi83, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£110K03/230.88 mi23, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£99K01/240.88 mi44, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£115K06/210.89 miFlat 25, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£135K03/210.89 miFlat 103, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UQ2
£113K01/210.89 miFlat 60, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UP2
£98K03/210.89 miFlat 53, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UP2
£136.8K04/230.89 miFlat 31, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£137.5K05/230.89 miFlat 37, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£136K12/220.89 miFlat 36, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£150K08/230.89 miFlat 11, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£113.5K03/210.9 miFlat 29, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UL2
£117.5K11/210.9 miFlat 23, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UL2
£115K10/200.9 miFlat 77, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UN2
£113K10/200.9 miFlat 100, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UW2
£117K03/210.9 miFlat 54, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UN2
£115K12/200.9 miFlat 123, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UW2
£130K03/230.9 miFlat 1, Hyndman Court, Sheader Drive, Salford, Greater Manchester M5 5BX2

Local Rents

50 rents from £825/mo to £2.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,42505/240.11 miEccles Old Road, Pendleton, Salford, M62
£1,20005/240.11 miEccles Old Road, Pendleton, Salford, M62
£1,00005/240.11 miEccles Old Road, Pendleton, Salford, M62
£1,07506/240.11 miEccles Old Road, Pendleton, Salford, M62
£1,05005/240.2 miChaseley Road, Salford2
£1,00005/240.21 miMaurice Street, Salford, Greater Manchester, M62
£95005/240.22 mi-2
£95005/240.22 miGarbo Court, Salford, M62
£95002/250.23 mi-2
£1,00005/240.23 miLangworthy Road, Salford, Greater Manchester, M62
£1,25012/240.24 mi-2
£1,20002/250.27 mi-2
£1,19903/250.33 mi-2
£1,40003/250.34 mi-2
£1,30005/240.34 mi-2
£90005/240.35 miSpring Gardens, Salford2
£95005/240.36 miSpring Gardens, Salford, M62
£95005/240.38 miKeswick Grove, Salford, Greater Manchester, M62
£1,35012/240.42 mi-2
£90005/240.42 miGrange Street, Salford2
£1,40005/240.44 miBlock C Alto, Sullivan Way, M3 6GD2
£1,85005/240.44 mi-2
£1,40002/250.44 mi-2
£1,25003/250.45 mi-2
£82506/240.45 mi-2
£1,10006/240.45 mi-2
£1,45012/240.45 mi-2
£1,04002/250.46 mi-2
£95005/240.46 miWychbury Street, Salford2
£2,80005/240.49 mi-2
£1,90001/250.51 mi-2
£1,20005/240.51 mi-2
£1,15005/240.51 mi-2
£1,19502/240.51 mi-2
£1,14512/240.51 mi-2
£1,20003/250.51 mi-2
£1,30005/240.51 miLaburnum Street, Salford2
£1,10005/240.51 miLaburnum Street, Salford, M62
£1,10003/240.51 miLaburnum Street, Manchester, Greater Manchester, M62
£1,25005/240.51 mi-2
£1,25002/250.51 mi-2
£1,15001/250.52 mi-2
£1,20005/240.53 miAlder Street, Salford, M62
£1,35005/240.53 mi-2
£1,25005/240.53 miField Street, Chimney Pot Park, Salford2
£1,15012/240.54 mi-2
£1,10001/250.54 mi-2
£1,15003/240.55 miReservoir Street, Manchester, Greater Manchester, M62
£1,00005/240.55 miNansen Street, Salford, M62
£1,10005/240.55 mi88 Langworthy Road, Manchester, Greater Manchester, M62

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

0.88 miles away

Nearest school

0.30 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Listed for £135,000

June 21, 2024

Floor Plans

Description

  • Immaculately maintained +
  • Two double bedrooms +
  • Ensuite master bedroom +
  • Walking distance to Salford Royal +
  • Close to Salford shopping centre +
  • Built-in cupboard space to primary bedroom +
  • Two modern bathrooms +
  • Heated towel rails +
  • Designated parking +
  • Communal gardens +

Presenting this immaculately maintained, neutrally decorated, two-bedroom flat. This ground floor property is now offered for sale and would make an ideal home for couples, sharers or first-time buyers. It boasts a host of unique features including designated parking, communal gardens, and an ensuite shower room.

The property comprises of one double bedroom and a single bedroom. The master bedroom benefits from a built-in wardrobe and an en-suite, adding a touch of elegance and convenience. The second double bedroom is equally spacious and inviting.

There are two bathrooms in total within the property, both fitted with heated towel rails. The first offers a bath with a shower over, providing the best of both worlds for those who enjoy either a quick rinse or a languishing soak. The second is a well-appointed ensuite shower room to the primary bedroom.

The flat is served by a single reception room, perfect for hosting visitors or enjoying a quiet evening in. The property also includes a modern kitchen, ready to cater to all your culinary needs.

The property is within the A council tax band and holds an impressive B EPC rating, indicating its energy efficiency.

Situated in a prime location, you will find public transport links, nearby schools, local amenities, and parks right at your doorstep. Plus, Salford shopping centre is conveniently close by for all your shopping needs and Salford Royal within walking distance.

In summary, this flat combines comfort, convenience, and style, a perfect buy for those looking for a peaceful yet well-connected abode.

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.

SAF240185/2

Agent Details

Reeds Rains, Salford

0161 524 9343

Next Steps?

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