2 Bed Terraced House, Single Let, Salford, M6 5LX, £210,000

Fir Street, Salford, Greater Manchester, M6 5LX - 10 views - 4 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£163,980

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,650

Total Cash In

£60,150

 

 

Cash Out

 

Rent Range

£900 - £2,800

Rent Estimate

£950

Running Costs/mo

£866

Cashflow/mo

£84

Cashflow/yr

£1,005

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £222K, average is £168K. £1.1K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£185K04/210.04 mi15, Jubilee Street, Salford, Greater Manchester M6 5EP2
£200K11/220.05 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
£172K08/210.06 mi14, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£180K02/240.06 mi69, Ash Street, Salford, Greater Manchester M6 5WA2
£200K08/230.06 mi37, Ash Street, Salford, Greater Manchester M6 5WA2
£211K12/230.06 mi1, Ash Street, Salford, Greater Manchester M6 5WA2
£148K03/230.06 mi39, Duchy Street, Salford, Greater Manchester M6 5LS2
£185K07/230.06 mi25, Keswick Grove, Salford, Greater Manchester M6 5LR2
£188K02/240.07 mi4, Ash Street, Salford, Greater Manchester M6 5NA2
£195K06/230.07 mi26, Ash Street, Salford, Greater Manchester M6 5NA2
£165K03/210.07 mi24, Ash Street, Salford, Greater Manchester M6 5NA2
£165K06/210.08 mi53, Alder Street, Salford, Greater Manchester M6 5WD2
£216K03/230.08 mi20, Field Street, Salford, Greater Manchester M6 5EY2
£185K12/200.08 mi18, Field Street, Salford, Greater Manchester M6 5EY2
£205K11/230.08 mi14, Field Street, Salford, Greater Manchester M6 5EY2
£160K03/210.1 mi15, Reservoir Street, Salford, Greater Manchester M6 5WB2
£222K08/230.1 mi28, Reservoir Street, Salford, Greater Manchester M6 5WB2
£195K10/230.1 mi42, Reservoir Street, Salford, Greater Manchester M6 5WB2
£133K12/200.1 mi78, Highfield Road, Salford, Greater Manchester M6 5LA2
£180K12/220.1 mi102, Highfield Road, Salford, Greater Manchester M6 5LA2
£220K01/230.11 mi10, Alder Street, Salford, Greater Manchester M6 5ND2
£146.5K05/210.11 mi22, Jones Street, Salford, Greater Manchester M6 5LP2
£173.5K04/230.12 mi4, Springwell Close, Salford, Greater Manchester M6 5PB2
£153K11/200.13 mi4, Woodgrange Close, Salford, Greater Manchester M6 5PD2
£169K07/230.13 mi17, Alpha Street, Salford, Greater Manchester M6 5JY2
£104K03/210.14 mi66, Nansen Street, Salford, Greater Manchester M6 5QH2
£152.5K10/200.16 mi9, Edmund Street, Salford, Greater Manchester M6 5WQ2
£200K01/230.16 mi14, Edmund Street, Salford, Greater Manchester M6 5WQ2
£180K10/220.17 mi42, Grange Street, Salford, Greater Manchester M6 5PR2
£75K02/210.17 mi5, Norway Street, Salford, Greater Manchester M6 5GD2
£105K03/210.17 mi20, Fram Street, Salford, Greater Manchester M6 5GB2
£126K10/210.18 mi6, Alpha Street West, Salford, Greater Manchester M6 5NR2
£144K01/210.18 mi10, Alpha Street West, Salford, Greater Manchester M6 5NR2
£127K03/210.18 mi120, Fitzwarren Street, Salford, Greater Manchester M6 5RS2
£185K04/210.2 mi6, Lower Seedley Road, Salford, Greater Manchester M6 5WL2
£157.5K08/210.2 mi24, Lower Seedley Road, Salford, Greater Manchester M6 5WL2
£135K11/200.21 mi54, Langton Street, Salford, Greater Manchester M6 5PU2
£215K07/240.22 mi3, Tenbury Close, Salford, Greater Manchester M6 5BJ2
£170K05/240.24 mi6, Horsham Street, Salford, Greater Manchester M6 5QS2
£142.5K02/210.24 mi26, Horsham Street, Salford, Greater Manchester M6 5QS2
£167K01/240.25 mi4, Wychbury Street, Salford, Greater Manchester M6 5YA2
£190K12/220.25 mi22, Deyne Street, Salford, Greater Manchester M6 5WT2
£134K06/210.25 mi24, Deyne Street, Salford, Greater Manchester M6 5WT2
£165K06/230.25 mi10, Hersey Street, Salford, Greater Manchester M6 5GT2
£135K02/210.26 mi33, Lyndhurst Street, Salford, Greater Manchester M6 5YB2

Local Rents

51 rents from £900/mo to £2.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.05 mi-2
£1,19502/240.05 mi-2
£1,14512/240.05 mi-2
£1,20003/250.05 mi-2
£1,30005/240.05 miLaburnum Street, Salford2
£1,15005/240.05 mi-2
£1,10005/240.06 miLaburnum Street, Salford, M62
£1,10003/240.06 miLaburnum Street, Manchester, Greater Manchester, M62
£1,25005/240.06 mi-2
£1,25002/250.06 mi-2
£1,15001/250.07 mi-2
£1,35005/240.08 mi-2
£1,25005/240.08 miField Street, Chimney Pot Park, Salford2
£95005/240.09 miKeswick Grove, Salford, Greater Manchester, M62
£1,15012/240.09 mi-2
£1,20005/240.09 miAlder Street, Salford, M62
£1,15003/240.1 miReservoir Street, Manchester, Greater Manchester, M62
£1,10005/240.1 mi88 Langworthy Road, Manchester, Greater Manchester, M62
£1,35003/250.11 mi-2
£1,00005/240.11 miNansen Street, Salford, M62
£1,10006/240.11 mi-2
£1,20005/240.11 miReservoir Street, Salford, Greater Manchester, M62
£1,20005/240.11 miReservoir Street, Salford, Greater Manchester, M62
£95005/240.12 miSpring Gardens, Salford, M62
£90005/240.12 miSpring Gardens, Salford2
£1,10005/240.12 miAlder Street, Salford, M62
£1,20005/240.12 miAsh Street, Salford2
£97505/240.13 miLangworthy Road, Salford2
£1,19903/250.17 mi-2
£1,05012/240.17 mi-2
£1,05006/240.17 miNansen Street, Salford, M62
£90005/240.17 miGrange Street, Salford2
£1,40002/250.17 mi-2
£1,45012/240.17 mi-2
£1,85005/240.18 mi-2
£1,40005/240.18 miBlock C Alto, Sullivan Way, M3 6GD2
£1,30005/240.19 mi-2
£1,40003/250.19 mi-2
£1,20002/250.2 mi-2
£1,00005/240.2 miBronte Court, Rosehill Close, SALFORD, M62
£1,10001/250.2 mi-2
£1,10001/250.21 mi-2
£90003/250.22 mi-2
£1,15005/240.23 mi-2
£1,10005/240.23 miLiverpool Street, Pendleton One, Salford, Lancashire, M62
£1,00005/240.23 miLangworthy Road, Salford, Greater Manchester, M62
£2,80005/240.23 mi-2
£1,04002/250.24 mi-2
£1,25012/240.24 mi-2
£95005/240.24 miWychbury Street, Salford2
£99705/240.25 mi12 Hersey St, Salford, M6 5GT2

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.34 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Price changed to £210,000

March 24, 2025

Listed for £215,000

November 27, 2024

Floor Plans

Description

  • Two spacious bedrooms +
  • Modern mezzanine kitchen +
  • Decked terrace outdoor space +
  • Private parking included +
  • Close to public transport +
  • Short walk to Langworthy tram stop +
  • Near local amenities +
  • Proximity to parks +
  • Highly regarded schools nearby +
  • Short distance to Media City and Salford Quays +

We are delighted to introduce this two-bedroom terraced house situated on the popular and sought after location of Chimney Pot Park. The property is neutrally decorated, offering a blank canvas for the new owners to make their mark.

The house boasts one well-proportioned living room to the first floor, providing an ideal space for both relaxation and entertainment and leads out onto the rear decked terrace. The modern kitchen is a standout feature on the mezzanine and offering a unique and engaging cooking environment.

The property comprises two spacious bedrooms and one bathroom with a sunken bath on the ground floor, offering ample living space for families, first-time buyers, or investors looking for an opportunity in a sought-after location.

One of the unique features of this property is the decked terrace, providing an excellent outdoor space for entertaining and relaxation. Additionally, the house benefits from private parking, an often sought-after commodity in city properties.

The property is rated EPC 'C', indicating a relatively high level of energy efficiency. This could potentially save the new owner a considerable amount in energy costs. The council tax is in Band 'A', which is the lowest band, another cost-effective feature of this property.

The location is within easy access to public transport links and motorways, making it a convenient base for commuting. The property is situated close to local amenities, nearby parks, and highly regarded schools. Located on the vibrant Chimney Pot Park development and a short distance from Salford Quays, Salford Royal, and Media City adding further appeal to the location.

In summary, this property offers a fantastic opportunity for those looking to secure a home in a prime location with unique features and benefits.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

SAF240207/2

Agent Details

Reeds Rains, Salford

0161 524 9343

Next Steps?

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