2 Bed Flat, Single Let, Salford, M7 1ZN £140,000
ValuationUndervalued
| Sold Prices | £77.5K - £180K |
| Sold Prices/m² | £1.4K/m² - £3.8K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £2.1K/m² |
Value Estimate | £175,000£175,000 |
| BMV | 25% |
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 | £589 - £2,495£589 - £2,495 |
Rent Estimate | £813 |
Running Costs/mo | £620£620 |
Cashflow/mo | £193£193 |
Cashflow/yr | £2,315£2,315 |
ROI | 5%5% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £77.5K to £180K, average is £135K. £1.4K/m² to £3.8K/m², average is £2.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £123K | 03/25 | 0 mi | 358, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £140K | 02/25 | 0 mi | 236, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £123K | 03/25 | 0 mi | 358, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £140K | 02/25 | 0 mi | 236, The Quadrant, Camp Street, Salford M7 1ZN | - | - | 2 | Flat | ||
| £140K | 02/25 | 0.01 mi | 236, Camp Street, Salford, Greater Manchester M7 1ZN | £2,642 | 53 | 2 | Flat | ||
| £130K | 08/24 | 0.13 mi | 33, Flat 11, Duke Street, Salford M7 1PR | £2,407 | 54 | 2 | Flat | ||
| £150K | 09/24 | 0.13 mi | 33, Flat 8, Duke Street, Salford M7 1PR | £2,727 | 55 | 2 | Flat | ||
| £180K | 05/25 | 0.19 mi | Apartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ | £3,103 | 58 | 2 | Flat | ||
| £180K | 05/25 | 0.19 mi | Apartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ | - | - | 2 | Flat | ||
| £165K | 12/24 | 0.2 mi | 125, Apartment 4, Great Clowes Street, Salford M7 1AL | £3,000 | 55 | 2 | Flat | ||
| £158K | 04/25 | 0.35 mi | Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ | £2,394 | 66 | 2 | Flat | ||
| £158K | 04/25 | 0.35 mi | Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ | - | - | 2 | Flat | ||
| £160K | 09/22 | 0.41 mi | 6, St Albans Terrace, Manchester, Greater Manchester M8 8BZ | £2,462 | 65 | 2 | Flat | ||
| £156K | 02/23 | 0.44 mi | 59, Waterloo Road, Manchester, Greater Manchester M8 8BY | £2,261 | 69 | 2 | Flat | ||
| £120K | 01/23 | 0.45 mi | 3, Betula Grove, Salford, Greater Manchester M7 2AB | £1,905 | 63 | 2 | Flat | ||
| £115K | 03/25 | 0.56 mi | Flat 62, Cheshill Court, Marlborough Road, Salford M7 4SB | £1,643 | 70 | 2 | Flat | ||
| £115K | 03/25 | 0.56 mi | Flat 62, Cheshill Court, Marlborough Road, Salford M7 4SB | - | - | 2 | Flat | ||
| £139.5K | 09/21 | 0.61 mi | 76, Velour Close, Salford, Greater Manchester M3 6AP | £2,632 | 53 | 2 | Flat | ||
| £110K | 09/21 | 0.61 mi | 44, Velour Close, Salford, Greater Manchester M3 6AP | - | - | 2 | Flat | ||
| £131K | 06/21 | 0.61 mi | 88, Velour Close, Salford, Greater Manchester M3 6AP | £2,569 | 51 | 2 | Flat | ||
| £95K | 07/22 | 0.65 mi | Apartment 804, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU | - | - | 2 | Flat | ||
| £108K | 07/23 | 0.66 mi | Flat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester M3 7LB | - | - | 2 | Flat | ||
| £80K | 09/23 | 0.66 mi | Apartment 1202, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU | - | - | 2 | Flat | ||
| £77.5K | 02/23 | 0.66 mi | Ground Floor Apartments G04, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU | - | - | 2 | Flat | ||
| £93K | 08/23 | 0.66 mi | Apartment 1304, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU | - | - | 2 | Flat | ||
| £86K | 06/25 | 0.67 mi | Apartment 601, City View, Highclere Avenue, Salford M7 4ZU | £1,384 | 62 | 2 | Flat | ||
| £99K | 03/25 | 0.67 mi | Apartment 404, City View, Highclere Avenue, Salford M7 4ZU | £1,597 | 62 | 2 | Flat | ||
| £99K | 03/25 | 0.67 mi | Apartment 404, City View, Highclere Avenue, Salford M7 4ZU | - | - | 2 | Flat | ||
| £86K | 06/25 | 0.67 mi | Apartment 601, City View, Highclere Avenue, Salford M7 4ZU | - | - | 2 | Flat | ||
| £169K | 03/25 | 0.67 mi | 115, Blackburn Street, Salford M3 6AS | £3,189 | 53 | 2 | Flat | ||
| £120K | 09/21 | 0.68 mi | 36, Angora Drive, Salford, Greater Manchester M3 6AR | £2,596 | 46 | 2 | Flat | ||
| £110K | 02/25 | 0.69 mi | Riverbank Tower, Flat 45, Bridgewater Street, Salford, Greater Manchester M3 7JY | £1,507 | 73 | 2 | Flat | ||
| £168K | 12/24 | 0.69 mi | 43, Blackburn Street, Salford, Greater Manchester M3 6AS | £3,500 | 48 | 2 | Flat | ||
| £125K | 12/22 | 0.69 mi | 65, Blackburn Street, Salford, Greater Manchester M3 6AS | £2,404 | 52 | 2 | Flat | ||
| £168K | 12/24 | 0.69 mi | 43, Blackburn Street, Salford M3 6AS | £3,500 | 48 | 2 | Flat | ||
| £150K | 08/21 | 0.71 mi | 1, Georgette Drive, Salford, Greater Manchester M3 7AF | £2,703 | 55 | 2 | Flat | ||
| £125.5K | 02/23 | 0.72 mi | Flat 100, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8NT | - | - | 2 | Flat | ||
| £178K | 09/21 | 0.72 mi | 36, Bridgewater Street, Salford, Greater Manchester M3 7AS | £3,787 | 47 | 2 | Flat | ||
| £105K | 06/21 | 0.74 mi | Flat 41, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8ND | - | - | 2 | Flat | ||
| £135K | 02/23 | 0.74 mi | 38, Calico Close, Salford, Greater Manchester M3 6AH | £2,455 | 55 | 2 | Flat | ||
| £125K | 08/21 | 0.74 mi | 44, Calico Close, Salford, Greater Manchester M3 6AH | £2,273 | 55 | 2 | Flat | ||
| £125K | 04/25 | 0.75 mi | Apartment 59, 2 Springfield Court, Dean Road, Salford M3 7EH | £2,155 | 58 | 2 | Flat | ||
| £175K | 05/25 | 0.75 mi | 2, Twillbrook Drive, Salford M3 7AR | £3,500 | 50 | 2 | Flat | ||
| £175K | 05/25 | 0.75 mi | 2, Twillbrook Drive, Salford M3 7AR | - | - | 2 | Flat | ||
| £150K | 05/23 | 0.76 mi | 12, Twillbrook Drive, Salford, Greater Manchester M3 7AR | £2,846 | 53 | 2 | Flat | ||
| £166K | 01/23 | 0.76 mi | 57, Linen Court, Salford, Greater Manchester M3 6JG | £2,594 | 64 | 2 | Flat | ||
| £135K | 09/23 | 0.76 mi | 44, Linen Court, Salford, Greater Manchester M3 6JG | £1,957 | 69 | 2 | Flat | ||
| £168K | 12/22 | 0.76 mi | 61, Linen Court, Salford, Greater Manchester M3 6JG | £2,597 | 65 | 2 | Flat | ||
| £162.5K | 02/25 | 0.76 mi | 24, Linen Court, Salford, Greater Manchester M3 6JG | £2,802 | 58 | 2 | Flat | ||
| £170K | 05/23 | 0.76 mi | 17, Linen Court, Salford, Greater Manchester M3 6JG | £3,333 | 51 | 2 | Flat |
Local Rents
50 rents from £589/mo to £2.5K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £895 | 11/25 | 0 mi | - | 2 | Flat | ||
| £589 | 05/24 | 0.01 mi | For people aged 21 and over who are working: Camp Street, Salford, Greater Manchester, M7 | 2 | Flat | ||
| £950 | 06/24 | 0.01 mi | Camp Street,Lower Broughton,Salford,M7 | 2 | Flat | ||
| £1,000 | 07/25 | 0.01 mi | Camp Street, Salford, M7 | 2 | Flat | ||
| £980 | 10/25 | 0.01 mi | Camp Street, Salford, Manchester, M7 | 2 | Flat | ||
| £1,050 | 10/25 | 0.01 mi | Camp Street, Manchester, Greater Manchester, M7 | 2 | Flat | ||
| £875 | 11/25 | 0.01 mi | Camp Street, Manchester, Greater Manchester, M7 | 2 | Flat | ||
| £950 | 08/25 | 0.01 mi | Camp Street, Salford | 2 | Flat | ||
| £1,175 | 01/25 | 0.03 mi | - | 2 | Flat | ||
| £850 | 08/25 | 0.03 mi | Upper Camp Street, Salford | 2 | Room | ||
| £950 | 01/25 | 0.03 mi | - | 2 | Flat | ||
| £850 | 08/25 | 0.03 mi | Stonehouse Drive, Salford | 2 | Room | ||
| £1,250 | 06/24 | 0.05 mi | Stonehouse Drive, New Broughton, Salford, M7 | 2 | Terraced House | ||
| £1,200 | 05/25 | 0.05 mi | Stonehouse Drive, Manchester, Greater Manchester, M7 | 2 | Terraced House | ||
| £1,200 | 06/25 | 0.05 mi | Stonehouse Drive, Manchester, Greater Manchester, M7 | 2 | Terraced House | ||
| £1,350 | 07/25 | 0.05 mi | Stonehouse Drive, Manchester, Greater Manchester, M7 | 2 | Terraced House | ||
| £1,350 | 07/25 | 0.05 mi | Stonehouse Drive, Manchester, Greater Manchester, M7 | 2 | Terraced House | ||
| £1,350 | 11/25 | 0.05 mi | Stonehouse Drive, Manchester, Greater Manchester, M7 | 2 | Terraced House | ||
| £1,350 | 11/25 | 0.05 mi | Stonehouse Drive, Manchester, Greater Manchester, M7 | 2 | Terraced House | ||
| £975 | 08/25 | 0.06 mi | Bugle Close, New Broughton | 2 | Room | ||
| £825 | 06/24 | 0.06 mi | - | 2 | Terraced House | ||
| £1,300 | 06/25 | 0.06 mi | Bugle Close, Salford | 2 | House | ||
| £1,350 | 06/25 | 0.07 mi | Upper Camp Street, New Broughton, Salford, Manchester, M7 | 2 | Terraced House | ||
| £1,250 | 06/25 | 0.07 mi | Upper Camp Street, New Broughton, Salford, Manchester, M7 | 2 | Terraced House | ||
| £1,200 | 08/24 | 0.08 mi | - | 2 | Semi-Detached House | ||
| £1,200 | 06/24 | 0.08 mi | Bugle Close, Salford, M7 | 2 | Semi-Detached House | ||
| £1,200 | 07/24 | 0.08 mi | Bugle Close, Salford, M7 | 2 | Semi-Detached House | ||
| £1,150 | 08/24 | 0.08 mi | - | 2 | Semi-Detached House | ||
| £1,150 | 07/24 | 0.08 mi | Bugle Close, Salford, M7 | 2 | Semi-Detached House | ||
| £1,100 | 08/24 | 0.08 mi | - | 2 | Semi-Detached House | ||
| £1,250 | 08/25 | 0.09 mi | - | 2 | Terraced House | ||
| £1,350 | 08/25 | 0.09 mi | Fenney Street, Salford, M7 | 2 | Terraced House | ||
| £1,050 | 06/25 | 0.09 mi | 224 Great Clowes Street, Salford | 2 | Flat | ||
| £1,050 | 06/25 | 0.09 mi | 224 Great Clowes Street, Salford | 2 | Flat | ||
| £1,050 | 08/25 | 0.09 mi | 224 Great Clowes Street, Salford | 2 | Flat | ||
| £1,000 | 05/24 | 0.12 mi | Duke Street, Salford | 2 | Flat | ||
| £900 | 06/25 | 0.12 mi | Pentlands Avenue, Manchester, M7 | 2 | Semi-Detached House | ||
| £950 | 11/25 | 0.12 mi | Flat 10, 19 Bandy Fields Place, Salford, Greater Manchester, M7 2ZT | 2 | Flat | ||
| £950 | 11/25 | 0.12 mi | 10, 19 Bandy Fields Place, Salford, Greater Manchester, M7 2ZT | 2 | Flat | ||
| £1,150 | 11/25 | 0.13 mi | 226 Great Clowes Street, Salford, M7 | 2 | Flat | ||
| £1,095 | 10/25 | 0.13 mi | - | 2 | Flat | ||
| £1,075 | 10/25 | 0.13 mi | 33 Duke Street, Salford | 2 | Flat | ||
| £1,100 | 11/25 | 0.13 mi | Duke Street, Salford | 2 | Flat | ||
| £1,225 | 01/25 | 0.14 mi | - | 2 | Terraced House | ||
| £2,400 | 02/25 | 0.14 mi | - | 2 | Terraced House | ||
| £2,495 | 11/25 | 0.14 mi | - | 2 | Semi-Detached House | ||
| £975 | 08/25 | 0.14 mi | Hilton Street, Salford | 2 | Terraced House | ||
| £725 | 07/25 | 0.14 mi | 38 Alban Street, Manchester | 2 | Flat | ||
| £1,100 | 06/25 | 0.14 mi | - | 2 | Flat | ||
| £1,000 | 07/25 | 0.14 mi | - | 2 | Flat |
Local Area Statistics
Population in M7 | 27,60127,601 |
Population in Salford | 88,69788,697 |
Town centre distance | 1.85 miles away1.85 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 1.08 miles away1.08 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +31%+31% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +43%+43% |
Property History
Price changed to £140,000
April 5, 2025
Listed for £150,000
September 6, 2024
Sold for £130,000
2008
Description
- Third Floor Apartment +
- Lift Assisted +
- Open Plan Lounge/Kitchen/Diner +
- Two Double Bedrooms +
- Electric Heating +
- UPVC Double Glazing +
- Off Road Parking +
- Close to Manchester City Centre +
- Freshly Decorated +
- No Onward Chain +
Martin and Co are delighted to offer this third floor apartment in this lift assisted development which is located just 1.5 miles from the city centre. In brief the apartment comprises entrance hall with storage, open plan lounge/kitchen/diner, two double bedrooms and a bathroom. The apartment also benefits from electric heating, UPVC double glazing and NO ONWARD CHAIN.
COMMUNAL ENTRANCE HALL Accessed via a door entry telephone system. Stairs and lift to all floors.
PRIVATE ENTRANCE HALL Accessed via a wooden front door. Wooden flooring. Electric heater. Light fitting. Recess cloaks cupboard. Recess storage cupboard housing the water tank and with recess plumbing for a washing machine.
OPEN PLAN LOUNGE/DINER/KITCHEN 17' 00" x 19' 00" (5.18m x 5.79m) With a UPVC sliding patio door leading to a Juliette balcony. Wooden flooring. Electric heater. Ample space for lounge and dining furniture. Light fitting.
To the kitchen area there are a range of wall and base units with contrasting worktops over incorporating a single stainless steel drainer sink unit with mixer taps. Integrated Indesit electric oven with four ring electric hob with recess extractor canopy hood over. Space for free standing fridge/freezer. Four way light fitting.
BEDROOM ONE 10' 02" x 10' 11" (3.1m x 3.33m) With UPVC double glazed windows. Electric heater. Centre light fitting.
BEDROOM TWO 8' 07" x 10' 04" (2.62m x 3.15m) With UPVC double glazed windows. Electric heater. Centre light fitting.
BATHROOM With a four piece suite in White comprising low level toilet, pedestal wash hand basin, panelled bath and fully tiled walk in shower cubicle. Light fitting. Electric heater.
ADDITIONAL INFORMATION The property is in Council Tax Band B
We have been advised by the vendor that the property is Leasehold with 233 years remaining.
We have been advised by the vendor that the service charge is £190 per month
We have been advised by the vendor that the ground rent is £100 per annum
The property is offered with no onward chain.
Agents are required by law to conduct anti-money laundering checks on all those buying a property. We outsource the initial checks to a partner supplier Move Butler who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £35 plus VAT per person. This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
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