3 Bed Flat, Single Let, Salford, M5 5EB, £115,000
Sugar Mill Square, Salford, M5 5EB - 3 views - 4 months ago
Sold STC
Leasehold
BTL
ROI: 19%
~93 m²





+8 photos
ValuationUndervalued
Sold Prices | £88K - £290K |
Sold Prices/m² | £1.4K/m² - £5.3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.2K/m² |
Value Estimate | £139,150 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £28,750 |
Stamp Duty & Legal Fees | £4,650 |
Total Cash In | £33,400 |
| |
Cash Out | |
Rent Range | £1,100 - £3,490 |
Rent Estimate | £1,150 |
Running Costs/mo | £609 |
Cashflow/mo | £541 |
Cashflow/yr | £6,488 |
ROI | 19% |
Gross Yield | 12% |
Local Sold Prices
28 sold prices from £88K to £290K, average is £152.5K. £1.4K/m² to £5.3K/m², average is £2.8K/m².
Local Rents
50 rents from £1.1K/mo to £3.5K/mo, average is £1.6K/mo.
Local Area Statistics
Population in M5 | 14,445 |
Population in Salford | 88,697 |
Town centre distance | 1.54 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.02 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +35% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +6% |
Property History
Listed for £115,000
November 26, 2024
Sold for £107,500
2004
Description
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