2 Bed Flat, Single Let, Salford, M7 1NF £130,000

Moss Street, Salford, M7 1NF - 6 views - a year ago

Sold STC

Leasehold

BTL

ROI: 3%

~68 m²

ValuationUndervalued

Sold Prices	£77.5K - £182.5K
Sold Prices/m²	£1.4K/m² - £3.8K/m²

Square Metres	~68.11 m²
Price/m²	£1.9K/m²
Value Estimate	£156,000£156,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,500£32,500
Stamp Duty & Legal Fees	£7,800£7,800
Total Cash In	£40,300£40,300

Cash Out
Rent Range	£589 - £1,275£589 - £1,275
Rent Estimate	£655
Running Costs/mo	£557£557
Cashflow/mo	£98£98
Cashflow/yr	£1,173£1,173
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £77.5K to £182.5K, average is £140K. £1.4K/m² to £3.8K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£130K	08/24	0.08 mi	33, Flat 11, Duke Street, Salford M7 1PR	£2,407	54	2	Flat
£150K	09/24	0.08 mi	33, Flat 8, Duke Street, Salford M7 1PR	£2,727	55	2	Flat
£140K	02/25	0.09 mi	236, Camp Street, Salford, Greater Manchester M7 1ZN	£2,642	53	2	Flat
£123K	03/25	0.09 mi	358, The Quadrant, Camp Street, Salford M7 1ZN	-	-	2	Flat
£140K	02/25	0.09 mi	236, The Quadrant, Camp Street, Salford M7 1ZN	-	-	2	Flat
£123K	03/25	0.09 mi	358, The Quadrant, Camp Street, Salford M7 1ZN	-	-	2	Flat
£140K	02/25	0.09 mi	236, The Quadrant, Camp Street, Salford M7 1ZN	-	-	2	Flat
£180K	05/25	0.1 mi	Apartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ	£3,103	58	2	Flat
£180K	05/25	0.1 mi	Apartment 101, 175 The Vibe, Broughton Lane, Salford M7 1UZ	-	-	2	Flat
£165K	12/24	0.11 mi	125, Apartment 4, Great Clowes Street, Salford M7 1AL	£3,000	55	2	Flat
£160K	09/22	0.43 mi	6, St Albans Terrace, Manchester, Greater Manchester M8 8BZ	£2,462	65	2	Flat
£158K	04/25	0.44 mi	Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ	£2,394	66	2	Flat
£158K	04/25	0.44 mi	Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ	-	-	2	Flat
£156K	02/23	0.47 mi	59, Waterloo Road, Manchester, Greater Manchester M8 8BY	£2,261	69	2	Flat
£139.5K	09/21	0.52 mi	76, Velour Close, Salford, Greater Manchester M3 6AP	£2,632	53	2	Flat
£110K	09/21	0.52 mi	44, Velour Close, Salford, Greater Manchester M3 6AP	-	-	2	Flat
£131K	06/21	0.52 mi	88, Velour Close, Salford, Greater Manchester M3 6AP	£2,569	51	2	Flat
£120K	01/23	0.53 mi	3, Betula Grove, Salford, Greater Manchester M7 2AB	£1,905	63	2	Flat
£169K	03/25	0.58 mi	115, Blackburn Street, Salford M3 6AS	£3,189	53	2	Flat
£108K	07/23	0.59 mi	Flat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester M3 7LB	-	-	2	Flat
£168K	12/24	0.59 mi	43, Blackburn Street, Salford, Greater Manchester M3 6AS	£3,500	48	2	Flat
£125K	12/22	0.59 mi	65, Blackburn Street, Salford, Greater Manchester M3 6AS	£2,404	52	2	Flat
£120K	09/21	0.59 mi	36, Angora Drive, Salford, Greater Manchester M3 6AR	£2,596	46	2	Flat
£168K	12/24	0.6 mi	43, Blackburn Street, Salford M3 6AS	£3,500	48	2	Flat
£110K	02/25	0.62 mi	Riverbank Tower, Flat 45, Bridgewater Street, Salford, Greater Manchester M3 7JY	£1,507	73	2	Flat
£115K	03/25	0.64 mi	Flat 62, Cheshill Court, Marlborough Road, Salford M7 4SB	£1,643	70	2	Flat
£115K	03/25	0.64 mi	Flat 62, Cheshill Court, Marlborough Road, Salford M7 4SB	-	-	2	Flat
£135K	02/23	0.65 mi	38, Calico Close, Salford, Greater Manchester M3 6AH	£2,455	55	2	Flat
£125K	08/21	0.65 mi	44, Calico Close, Salford, Greater Manchester M3 6AH	£2,273	55	2	Flat
£150K	08/21	0.65 mi	1, Georgette Drive, Salford, Greater Manchester M3 7AF	£2,703	55	2	Flat
£178K	09/21	0.66 mi	36, Bridgewater Street, Salford, Greater Manchester M3 7AS	£3,787	47	2	Flat
£166K	01/23	0.67 mi	57, Linen Court, Salford, Greater Manchester M3 6JG	£2,594	64	2	Flat
£161.5K	01/25	0.67 mi	60, Linen Court, Salford, Greater Manchester M3 6JG	£2,563	63	2	Flat
£135K	09/23	0.67 mi	44, Linen Court, Salford, Greater Manchester M3 6JG	£1,957	69	2	Flat
£168K	12/22	0.67 mi	61, Linen Court, Salford, Greater Manchester M3 6JG	£2,597	65	2	Flat
£162.5K	02/25	0.67 mi	24, Linen Court, Salford, Greater Manchester M3 6JG	£2,802	58	2	Flat
£170K	05/23	0.67 mi	17, Linen Court, Salford, Greater Manchester M3 6JG	£3,333	51	2	Flat
£125K	04/25	0.69 mi	Apartment 59, 2 Springfield Court, Dean Road, Salford M3 7EH	£2,155	58	2	Flat
£175K	05/25	0.69 mi	2, Twillbrook Drive, Salford M3 7AR	£3,500	50	2	Flat
£175K	05/25	0.69 mi	2, Twillbrook Drive, Salford M3 7AR	-	-	2	Flat
£150K	05/23	0.69 mi	12, Twillbrook Drive, Salford, Greater Manchester M3 7AR	£2,846	53	2	Flat
£162.5K	02/25	0.7 mi	24, Linen Court, Salford M3 6JG	£2,802	58	2	Flat
£182.5K	05/25	0.7 mi	33, Linen Court, Salford M3 6JG	£2,944	62	2	Flat
£162.5K	02/25	0.7 mi	24, Linen Court, Salford M3 6JG	£2,802	58	2	Flat
£95K	07/22	0.73 mi	Apartment 804, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£80K	09/23	0.75 mi	Apartment 1202, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£77.5K	02/23	0.75 mi	Ground Floor Apartments G04, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£93K	08/23	0.75 mi	Apartment 1304, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£86K	06/25	0.75 mi	Apartment 601, City View, Highclere Avenue, Salford M7 4ZU	£1,384	62	2	Flat
£99K	03/25	0.75 mi	Apartment 404, City View, Highclere Avenue, Salford M7 4ZU	£1,597	62	2	Flat

Local Rents

50 rents from £589/mo to £1.3K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£725	07/25	0.05 mi	38 Alban Street, Manchester	2	Flat
£1,100	06/25	0.05 mi	-	2	Flat
£1,000	07/25	0.05 mi	-	2	Flat
£995	08/25	0.05 mi	-	2	Flat
£825	06/24	0.07 mi	-	2	Terraced House
£1,075	10/25	0.07 mi	33 Duke Street, New Broughton, Salford	2	Flat
£1,000	08/25	0.07 mi	Alban Street, Salford, Greater Manchester, M7	2	Flat
£1,000	05/24	0.08 mi	Duke Street, Salford	2	Flat
£1,075	10/25	0.08 mi	33 Duke Street, Salford	2	Flat
£1,100	11/25	0.08 mi	Duke Street, Salford	2	Flat
£1,095	10/25	0.08 mi	-	2	Flat
£950	08/25	0.08 mi	Camp Street, Salford	2	Flat
£1,200	11/25	0.08 mi	-	2	Flat
£875	08/25	0.09 mi	The Vibe, 175 Broughton Lane, New Broughton	2	Flat
£950	01/25	0.09 mi	-	2	Flat
£1,150	09/25	0.09 mi	Duke Street, Salford, Greater Manchester, M7	2	Flat
£589	05/24	0.09 mi	For people aged 21 and over who are working: Camp Street, Salford, Greater Manchester, M7	2	Flat
£950	06/24	0.09 mi	Camp Street,Lower Broughton,Salford,M7	2	Flat
£1,000	07/25	0.09 mi	Camp Street, Salford, M7	2	Flat
£980	10/25	0.09 mi	Camp Street, Salford, Manchester, M7	2	Flat
£1,050	10/25	0.09 mi	Camp Street, Manchester, Greater Manchester, M7	2	Flat
£875	11/25	0.09 mi	Camp Street, Manchester, Greater Manchester, M7	2	Flat
£1,150	06/25	0.09 mi	-	2	Flat
£895	11/25	0.09 mi	-	2	Flat
£1,250	06/25	0.1 mi	The Vibe, Broughton Lane, New Broughton	2	Flat
£1,075	07/25	0.1 mi	The Vibe, Broughton Lane, New Broughton	2	Flat
£750	08/25	0.1 mi	The Vibe, Salford, M7	2	Flat
£1,195	06/25	0.1 mi	-	2	Flat
£1,195	06/25	0.1 mi	The Vibe, Salford, M7	2	Flat
£1,150	08/25	0.1 mi	-	2	Flat
£1,100	05/24	0.11 mi	The Vibe :: Salford	2	Flat
£775	08/25	0.11 mi	The Vibe, Salford	2	Flat
£850	08/25	0.11 mi	Stonehouse Drive, Salford	2	Room
£1,050	07/24	0.11 mi	-	2	Flat
£1,050	07/24	0.11 mi	Great Clowes Street, Salford, M7	2	Flat
£1,200	11/25	0.11 mi	Broughton Lane, Salford	2	Flat
£1,050	06/24	0.12 mi	-	2	Flat
£1,100	05/24	0.12 mi	-	2	Flat
£1,200	08/25	0.12 mi	-	2	Flat
£1,200	07/25	0.12 mi	Great Clowes Street, Salford, M7	2	Flat
£1,200	07/25	0.12 mi	Great Clowes Street, Salford, M7	2	Flat
£1,275	07/24	0.12 mi	The Vibe, Salford	2	Flat
£1,275	08/24	0.12 mi	The Vibe, Salford	2	Flat
£1,200	08/25	0.12 mi	The Vibe, Salford	2	Flat
£1,050	11/25	0.12 mi	New Broughton Village, Great Clowes Street	2	Flat
£1,175	01/25	0.12 mi	-	2	Flat
£850	08/25	0.13 mi	Upper Camp Street, Salford	2	Room
£1,250	06/24	0.14 mi	Stonehouse Drive, New Broughton, Salford, M7	2	Terraced House
£1,200	05/25	0.14 mi	Stonehouse Drive, Manchester, Greater Manchester, M7	2	Terraced House
£1,200	06/25	0.14 mi	Stonehouse Drive, Manchester, Greater Manchester, M7	2	Terraced House

Local Area Statistics

Population in M7	27,60127,601
Population in Salford	88,69788,697
Town centre distance	1.84 miles away1.84 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.99 miles away0.99 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

Listed for £130,000

September 20, 2024

Floor Plans

Description

GROUND FLOOR FLAT +
OPEN PLAN LOUNGE KITCHEN AND DINNG ROOM +
GAS CENTRAL HEATING AND UPVC DOUBLE GLAZING +
EN-SUITE AND FAMILY BATHROOM +
LESS THAN TEN MINUTES TO MANCHESTER CITY CENTRE +

* CHAIN FREE * A SPACIOUS GROUND FLOOR flat with 2 DOUBLE BEDROOMS, 2 BATHROOMS and an open plan lounge, kitchen and dining room. UPVC DOUBLE GLAZED & GAS CENTRAL HEATED, the property also benefits from SECURE ACCESS and a FANTASTIC LOCATION within WALKING DISTANCE of many local amenities & excellent transport links. A PERFECT FIRST HOME or INVESTMENT, COULD THIS BE THE ONE FOR YOU? CALL US NOW TO BOOK A VIEWING!

EPC Rating: C

Agent Details

Hills, Swinton

0161 794 2888

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents