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2 Bed Terraced House, Single Let, Salford, M5 4YA, £135,000

Worrall Street, Salford, Greater Manchester, M5 4YA - 1 views - 5 months ago

Leasehold
Auction
BTL
ROI: 14%
~61 m²
+3 photos

ValuationUndervalued

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Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£1,050 - £3,250

Rent Estimate

£1,150

Running Costs/mo

£672

Cashflow/mo

£478

Cashflow/yr

£5,738

ROI

14%

Gross Yield

10%

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Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,00002/240.01 mi-2
£2,20002/240.01 mi-2
£1,95003/250.01 mi-2
£1,85002/250.01 mi-2
£2,20003/250.01 mi-2
£1,40005/240.02 miWaterhouse, Salford, M52
£1,20005/240.02 miWaterhouse, Salford, M52
£1,30005/240.02 miWaterhouse Apartments, 14 Worrall Street, Salford, Greater Manchester, M52
£2,80003/250.02 mi-2
£3,25006/240.03 mi-2
£1,35002/240.04 mi-2
£1,39506/240.04 mi-2
£1,39512/240.04 mi-2
£1,45003/250.04 mi-2
£1,39505/240.04 miWaterhouse Apartments, Salford, M52
£1,39505/240.04 miWaterhouse Apartments, Salford, M52
£1,25012/240.04 mi-2
£1,15012/240.05 mi-2
£1,30005/240.05 miBridgewater Point, Worrall Street, Salford, Greater Manchester, M52
£1,25005/240.05 miBridgewater Point, Worrall Street, Salford, M52
£1,20005/240.05 miBridgewater Point, Worrall Street, Salford, M52
£1,50001/250.07 mi-2
£1,50001/250.07 mi-2
£1,45005/240.07 miRiley Building, Lowry Wharf, Derwent Street, Salford, M5 4TA2
£1,20006/240.08 miSteele House, Woden Street, M52
£1,30012/240.08 mi-2
£1,25003/250.08 mi-2
£1,29503/250.08 mi-2
£1,19505/240.08 mi75, The Waterhouse, 14 Worrall Street, Manchester, Greater Manchester, M52
£1,20003/240.08 miWorrall Street, Manchester, Greater Manchester, M52
£1,15005/240.08 miSteele House, Woden Street, Salford, M52
£1,15005/240.08 miWoden Street, Salford, Greater Manchester, M52
£1,15005/240.08 miWoden Street, Salford, Greater Manchester, M52
£1,40002/250.08 mi-2
£1,20006/240.09 miSlater House, Woden Street, M52
£1,20005/240.09 mi29 Slater House, Lamba Court, Salford2
£1,15005/240.09 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,15005/240.09 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,05005/240.1 miRenolds House, Lamba Court, Everard Street, Salford, M52
£1,09505/240.1 miRenolds House, Everard Street, Salford, M5 4UB2
£1,20005/240.1 miRenolds House, Everard Street, Salford2
£1,27505/240.11 miDowntown, 9 Woden Street, Salford2
£1,40005/240.11 mi9 Woden Street, Salford, 2
£1,35005/240.11 miDowntown, 7 Woden Street, Salford2
£1,25006/240.11 miWoden Street, Salford2
£1,30005/240.11 miBlock B, Downtown, 9 Woden Street, Salford, Lancashire, M52
£1,35005/240.11 mi-2
£1,45005/240.11 miWoden Street, Salford2
£1,30005/240.13 miDowntown, 7 Woden Street, Salford, M52
£1,35005/240.13 miWoden Street, Salford, M52

Links

Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

2.69 miles away

Nearest school

0.40 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Price changed to £135,000

March 8, 2025

Listed for £150,000

October 3, 2024

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • First Floor Apartment +
  • Two Double Bedrooms +
  • Open Plan Living/Dining Area +
  • Fully Fitted and Integrated Kitchen +
  • Family Bathroom +

This well proportioned two double bedroom apartment, located at the stunning Bridgewater Point, is ideal for investors and home owners alike.

Situated on the first floor, this wonderful apartment is well proportioned with a spacious entrance hall, giving access to an open plan living/dining area which opens on to a fully fitted and integrated kitchen, two double bedrooms and family bathroom.

Other benefits include beautiful communal gardens and a fantastic roof terrace with stunning views of Manchester.

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 241
Annual Ground Rent Amount: £300.00
Annual Service Charge Amount: £2,685.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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

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