3 Bed Flat, Single Let, Salford, M6 8PL £140,000

Moss Meadow Road, Salford, Greater Manchester, M6 8PL - 2 views - a year ago
Sold STC
Leasehold
BTL
ROI: 8%
~69 m²
Property image

ValuationUndervalued

Sold Prices£88K - £405K
Sold Prices/m²£1.4K/m² - £5.3K/m²

 

 

Square Metres

~69.09 m²
Price/m²£2K/m²

Value Estimate

£167,271
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£950 - £4,000

Rent Estimate

£950

Running Costs/mo

£648

Cashflow/mo

£303

Cashflow/yr

£3,630

ROI

8%

Gross Yield

8%

Local Sold Prices

36 sold prices from £88K to £405K, average is £206.9K. £1.4K/m² to £5.3K/m², average is £2.4K/m².

Price
Date
Distance
Address
Beds
 
£148K12/240.01 miWoolston House, Flat 8, Moss Meadow Road, Salford M6 8PL3
£210K10/230.14 mi12, Guildford Road, Salford, Greater Manchester M6 8PT3
£122.5K01/230.49 miFlat 4, Victoria House, Victoria Road, Salford, Greater Manchester M6 8LF3
£125K09/210.77 miFlat 18, Reeves Court, Canterbury Gardens, Salford, Greater Manchester M5 5AE3
£117K08/250.79 miFlat 30, Squires Court, Canterbury Gardens, Salford M5 5AD3
£148K03/250.79 miFlat 17, Squires Court, Canterbury Gardens, Salford M5 5AD3
£88K11/210.79 mi63, Sugar Mill Square, Salford, Greater Manchester M5 5EB3
£130K03/230.81 miFlat 21, Knights Court, Canterbury Gardens, Salford, Greater Manchester M5 5AB3
£115K01/250.86 miCity Link, Apartment 2701, Hessel Street, Salford M50 1DB3
£145.5K06/211 mi2, Osborne Street, Salford, Greater Manchester M6 5LG3
£230K10/241.09 mi26, Reservoir Street, Salford M6 5WB3
£141.5K10/231.12 miFlat 2, Darley House, My Street, Salford, Greater Manchester M5 5GJ3
£130K02/251.13 miDarley House, Flat 7, My Street, Salford M5 5GJ3
£140K12/241.23 miAberdeen, Flat 8, Monton Lane, Manchester M30 0NB3
£180K02/251.26 mi79 Dukes Court, Apartment 15, Wellington Road, Manchester M30 9GW3
£180K02/251.26 miApartment 15, 79 Dukes Court, Wellington Road, Manchester M30 9GW3
£155K07/231.28 mi45, Eccles Fold, Eccles, Manchester, Greater Manchester M30 0NT3
£164K11/241.37 mi112, Melmerby Court, Salford M5 4UQ3
£137.5K08/211.42 miFlat 37, Carthorpe Arch, Eccles New Road, Salford, Greater Manchester M5 4UR3
£392.5K02/251.55 miLightbox, Apartment 307, Blue, Media City, Salford M50 2AD3
£392.5K02/251.55 miLightbox, Apartment 307, Blue, Media City Uk, Salford, Greater Manchester M50 2AD3
£312K05/251.59 miApartment 2404, The Heart, Blue, Media City, Salford M50 2TH3
£312K05/251.59 miApartment 2404, The Heart, Blue, Media City, Salford M50 2TH3
£405K11/211.69 miApartment 6, Stableford Hall, Stableford Avenue, Eccles, Manchester, Greater Manchester M30 8AP3
£270K04/231.78 mi87, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£245K04/231.78 mi78, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£276K10/231.79 mi81, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£290K12/231.8 mi36, Vancouver Quay, Salford, Greater Manchester M50 3TU3
£262.8K02/231.81 mi47, Vancouver Quay, Salford, Greater Manchester M50 3TU3
£316.7K02/251.83 mi13, Furlong Way, Salford M6 6QR3
£203.8K01/251.86 mi17, St Lawrence Quay, Salford M50 3XT3
£242K01/251.88 miApartment 1, 349 Chatsworth View, Worsley Road, Manchester M27 0FJ3
£242K01/251.88 mi349 Chatsworth View, Apartment 1, Worsley Road, Manchester M27 0FJ3
£290K07/231.96 mi5, Toad Pond Close, Swinton, Manchester, Greater Manchester M27 0BW3
£285K03/251.97 mi20, The Coppice, Manchester M28 2NS3
£285K03/251.97 mi20, The Coppice, Manchester M28 2NS3

Local Rents

50 rents from £950/mo to £4K/mo, average is £1.3K/mo.

Rent
Date
Distance
Address
Beds
 
£95008/250.03 miCarrington House, Moss Meadow Road, Salford, Greater Manchester, M63
£1,00006/250.03 miMoss Meadow Road, Salford, Greater Manchester, M63
£1,30007/250.03 miGloucester Road, Salford, M63
£1,30007/250.03 mi-3
£4,00007/250.05 mi-3
£4,00008/250.05 mi-3
£1,45006/240.06 mi-3
£97508/250.06 miCholmondeley Road, Salford, M63
£1,60006/250.06 mi-3
£1,60006/250.06 miScholars Avenue, Salford, M63
£1,25006/240.07 miWinchester Road, Salford3
£1,25009/250.07 miWinchester Road, Salford3
£1,45010/250.09 miChomlea Manor, Claremont Road, Salford, M63
£1,40010/250.09 miChomlea Manor Claremont Road, Salford3
£1,30006/250.09 mi-3
£1,30006/250.09 miWinchester Road, Salford, M63
£1,29507/250.1 mi-3
£1,29507/250.1 miGraham Road, Salford, M63
£1,27507/250.1 miGraham Road, Salford3
£1,35011/250.1 miGraham Road, Salford 63
£95007/250.1 miGraham Road Salford M63
£1,45005/250.11 mi-3
£1,37505/240.11 mi-3
£1,37505/240.11 miGraham Road, Salford, M63
£1,25007/250.11 miGraham Road, Salford, Greater Manchester, M63
£1,25011/250.11 miGraham Road, Salford, Manchester, M63
£1,30002/240.13 mi-3
£1,40005/240.13 miLight Oaks Road, Salford, M63
£1,40007/250.13 miLight Oaks Road, Salford, M63
£1,40006/240.13 mi-3
£1,40007/250.13 mi-3
£99505/240.14 miGuildford Road, Salford3
£1,20006/250.14 miGuildford Road, Seedley, Salford, M63
£1,15008/250.14 miGuildford Road, Seedley, Salford, M63
£1,27510/250.14 miGuildford Road, Salford, Greater Manchester, M63
£1,10010/250.14 miHayfield Road, Salford3
£1,60007/250.17 mi-3
£1,65008/250.19 miCholmondeley Road, Salford3
£1,50011/250.19 miCholmondeley Road, Salford3
£1,50009/250.22 miIvy Grange, Salford, M63
£1,50010/250.22 miDe La Salle Way, Salford, Greater Manchester, M63
£1,60008/250.23 miDe La Salle Way, Salford, Greater Manchester, M63
£95008/250.24 miMayfair Avenue, Salford3
£1,32504/250.25 mi-3
£1,57509/250.25 miWeaste Lane, Salford3
£1,79508/250.25 miEccles Old Road, Salford, Greater Manchester, GB, M6 8AL3
£1,18002/250.25 mi-3
£1,25011/250.26 miRussell Road, Salford3
£1,70005/240.26 miLancaster Road, Salford3
£1,04509/250.27 miLangsett Avenue, Salford3

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

0.92 miles away

Nearest school

0.10 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+10%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £140,000

November 11, 2024

Floor Plans

Property image

Description

  • Three bedroom +
  • First floor apartment +
  • Balcony +
  • Off street parking +
  • Great location +
  • No onward chain +

Peter Anthony are delighted to bring to market this THREE BEDROOM first floor flat on Moss Meadow Road.

The property briefly comprises of entrance hall, three bedrooms, living room, kitchen and bathroom with shower over bath. The property also benefits from a balcony and off street parking.

Ideally located for local amenities and minutes away from schools and Salford Royal Hospital. It has excellent transport links that provides easy access to Salford Quays and the City Centre. It also has easy access to motorway links.

Call the office now to arrange a viewing.

Council Tax band - A
EPC - C

Lease - 125 years from 1990
Service charge £511.27 per annum
Ground rent £10 per annum

Agent Details

Peter Anthony, Salford

0161 707 4745

Next Steps?

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