3 Bed Flat, Single Let, Salford, M5 5AD, £140,000
SQUIRES COURT Canterbury Gardens, Salford, Greater Manchester, M5 5AD - 3 views - 4 months ago
Sold STC
Leasehold
BTL
ROI: 15%
73 m²





+5 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £5,400 |
Total Cash In | £40,400 |
| |
Cash Out | |
Rent Range | £1,100 - £3,900 |
Rent Estimate | £1,200 |
Running Costs/mo | £697 |
Cashflow/mo | £503 |
Cashflow/yr | £6,036 |
ROI | 15% |
Gross Yield | 10% |
Local Rents
17 rents from £1.1K/mo to £3.9K/mo, average is £1.5K/mo.
Local Area Statistics
Population in M5 | 14,445 |
Population in Salford | 88,697 |
Town centre distance | 1.70 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.07 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +35% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +6% |
Property History
Listed for £140,000
November 15, 2024
Sold for £95,000
2016
Floor Plans

Description
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