2 Bed Terraced House, Single Let, Salford, M6 5EY, £230,000

Field Street, Salford, M6 5EY - 5 months ago

Sold STC
Leasehold
BTL
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£75K - £222K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£156,450

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£900 - £1,850

Rent Estimate

£950

Running Costs/mo

£929

Cashflow/mo

£21

Cashflow/yr

£255

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £222K, average is £167.8K. £1.1K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£220K01/230.01 mi10, Alder Street, Salford, Greater Manchester M6 5ND2
£160K03/210.03 mi15, Reservoir Street, Salford, Greater Manchester M6 5WB2
£222K08/230.03 mi28, Reservoir Street, Salford, Greater Manchester M6 5WB2
£195K10/230.03 mi42, Reservoir Street, Salford, Greater Manchester M6 5WB2
£188K02/240.03 mi4, Ash Street, Salford, Greater Manchester M6 5NA2
£195K06/230.03 mi26, Ash Street, Salford, Greater Manchester M6 5NA2
£165K03/210.03 mi24, Ash Street, Salford, Greater Manchester M6 5NA2
£165K06/210.04 mi53, Alder Street, Salford, Greater Manchester M6 5WD2
£216K03/230.04 mi20, Field Street, Salford, Greater Manchester M6 5EY2
£185K12/200.04 mi18, Field Street, Salford, Greater Manchester M6 5EY2
£205K11/230.04 mi14, Field Street, Salford, Greater Manchester M6 5EY2
£180K12/220.05 mi102, Highfield Road, Salford, Greater Manchester M6 5LA2
£133K12/200.05 mi78, Highfield Road, Salford, Greater Manchester M6 5LA2
£180K02/240.05 mi69, Ash Street, Salford, Greater Manchester M6 5WA2
£200K08/230.05 mi37, Ash Street, Salford, Greater Manchester M6 5WA2
£211K12/230.05 mi1, Ash Street, Salford, Greater Manchester M6 5WA2
£172K08/210.06 mi14, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£200K11/220.06 mi51, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£157K07/210.06 mi57, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£165K02/210.06 mi9, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£165K10/210.06 mi58, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£162K03/210.06 mi56, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£188K02/240.06 mi62, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£185K04/210.07 mi15, Jubilee Street, Salford, Greater Manchester M6 5EP2
£127K03/210.09 mi120, Fitzwarren Street, Salford, Greater Manchester M6 5RS2
£146.5K05/210.13 mi22, Jones Street, Salford, Greater Manchester M6 5LP2
£185K07/230.14 mi25, Keswick Grove, Salford, Greater Manchester M6 5LR2
£148K03/230.14 mi39, Duchy Street, Salford, Greater Manchester M6 5LS2
£104K03/210.16 mi66, Nansen Street, Salford, Greater Manchester M6 5QH2
£169K07/230.18 mi17, Alpha Street, Salford, Greater Manchester M6 5JY2
£75K02/210.21 mi5, Norway Street, Salford, Greater Manchester M6 5GD2
£153K11/200.21 mi4, Woodgrange Close, Salford, Greater Manchester M6 5PD2
£105K03/210.22 mi20, Fram Street, Salford, Greater Manchester M6 5GB2
£173.5K04/230.22 mi4, Springwell Close, Salford, Greater Manchester M6 5PB2
£185K04/210.25 mi6, Lower Seedley Road, Salford, Greater Manchester M6 5WL2
£157.5K08/210.25 mi24, Lower Seedley Road, Salford, Greater Manchester M6 5WL2
£170K05/240.26 mi6, Horsham Street, Salford, Greater Manchester M6 5QS2
£142.5K02/210.26 mi26, Horsham Street, Salford, Greater Manchester M6 5QS2
£152K07/210.26 mi12, Milford Street, Salford, Greater Manchester M6 5GQ2
£148K12/200.26 mi4, Milford Street, Salford, Greater Manchester M6 5GQ2
£152.5K10/200.26 mi9, Edmund Street, Salford, Greater Manchester M6 5WQ2
£200K01/230.26 mi14, Edmund Street, Salford, Greater Manchester M6 5WQ2
£180K10/220.26 mi42, Grange Street, Salford, Greater Manchester M6 5PR2
£165K06/230.27 mi10, Hersey Street, Salford, Greater Manchester M6 5GT2
£166.5K02/210.27 mi4, Haven Street, Salford, Greater Manchester M6 5QR2
£215K07/240.27 mi3, Tenbury Close, Salford, Greater Manchester M6 5BJ2
£126K10/210.28 mi6, Alpha Street West, Salford, Greater Manchester M6 5NR2
£144K01/210.28 mi10, Alpha Street West, Salford, Greater Manchester M6 5NR2
£135K11/200.28 mi54, Langton Street, Salford, Greater Manchester M6 5PU2
£188K08/230.3 mi16, Newport Street, Salford, Greater Manchester M6 5TW2

Local Rents

51 rents from £900/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20005/240 miAlder Street, Salford, M62
£1,15012/240.02 mi-2
£1,15003/240.03 miReservoir Street, Manchester, Greater Manchester, M62
£1,10005/240.03 miAlder Street, Salford, M62
£1,15001/250.03 mi-2
£1,35005/240.04 mi-2
£1,25005/240.04 miField Street, Chimney Pot Park, Salford2
£1,20005/240.04 miReservoir Street, Salford, Greater Manchester, M62
£1,20005/240.04 miReservoir Street, Salford, Greater Manchester, M62
£1,35003/250.04 mi-2
£1,25005/240.05 mi-2
£1,25002/250.05 mi-2
£1,10005/240.06 miLaburnum Street, Salford, M62
£1,10003/240.06 miLaburnum Street, Manchester, Greater Manchester, M62
£1,30005/240.07 miLaburnum Street, Salford2
£1,19502/240.07 mi-2
£1,14512/240.07 mi-2
£1,20003/250.07 mi-2
£1,20005/240.07 mi-2
£1,15005/240.09 mi-2
£1,20005/240.1 miAsh Street, Salford2
£1,10001/250.11 mi-2
£1,00005/240.11 miBronte Court, Rosehill Close, SALFORD, M62
£1,10005/240.12 mi88 Langworthy Road, Manchester, Greater Manchester, M62
£1,15005/240.14 mi-2
£1,45012/240.14 mi-2
£97505/240.14 miLangworthy Road, Salford2
£1,00005/240.15 miNansen Street, Salford, M62
£1,10005/240.15 miLiverpool Street, Pendleton One, Salford, Lancashire, M62
£1,85005/240.15 mi-2
£1,40005/240.15 miBlock C Alto, Sullivan Way, M3 6GD2
£95005/240.15 miKeswick Grove, Salford, Greater Manchester, M62
£95005/240.17 miSpring Gardens, Salford, M62
£1,05012/240.18 mi-2
£1,05006/240.18 miNansen Street, Salford, M62
£90005/240.18 miSpring Gardens, Salford2
£1,20006/240.18 mi-2
£1,20005/240.18 miBlodwell Street, Manchester, M62
£1,10006/240.2 mi-2
£1,10006/240.22 miBrown Street, Salford, M62
£1,19903/250.26 mi-2
£99705/240.26 mi12 Hersey St, Salford, M6 5GT2
£1,40002/250.26 mi-2
£90005/240.26 miGrange Street, Salford2
£90003/250.27 mi-2
£1,20002/250.28 mi-2
£1,10001/250.28 mi-2
£1,10005/240.29 miSalford, Salford, M52
£1,30005/240.29 mi-2
£1,40003/250.29 mi-2
£1,25012/240.3 mi-2

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Listed for £230,000

November 18, 2024

Floor Plans

Description

  • Spacious Two Bedroom End Terraced Property +
  • Located on the Popular 'Chimney Pot Park' Development +
  • Two Double Bedrooms, with the Main Bedroom Benefitting from a Lightwell +
  • Modern Three-Piece Bathroom Complete with a 'Sunken' Bath +
  • 'Jack and Jill' Shower Room Connecting the Bedrooms +
  • Large Lounge Boasting High, Vaulted Ceilings +
  • Modern Kitchen Diner with Sliding Doors Leading to the Garden Terrace at the Side +
  • Ideal First Time Home or Investment +
  • Within Walking Distance of Salford Quays & Media City +
  • Close to Langworthy Tram Stop, which Provides Direct Access into Manchester City Centre +

Are you looking for a stylish property within walking distance of Salford Quays & Media City? LOOK NO FURTHER! Located on the popular ‘Chimney Pot Park’ development is this spacious two bedroom end terraced property! As you head inside the property, you go into a welcoming entrance hallway, that provides access to a utility cupboard, a modern, three-piece bathroom complete with a ‘sunken’ bath, and in the typical ‘upside down’ style, you will find the two double bedrooms on the ground floor. The main bedroom boasts a lightwell, and there is access from both bedrooms to a ‘jack and jill’ style shower room. Upstairs, the living room boasts high, vaulted ceilings that creates a light and airy feel for the space. From the living room, you will find the modern kitchen diner. Externally, there is a garden terrace to the side with decking and paving. Properties in this location are popular due to the close access to Salford Quays & Media City, which provide a fine array of bars, shops and restaurants. Langworthy tram stop is also within walking distance, and provides direct access into Manchester City Centre. This fantastic home would be a great first time home or investment – get in touch to secure your viewing today!

EPC Rating: C

Agent Details

Hills, Eccles

0161 707 4900

Next Steps?

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