2 Bed Flat, Single Let, Salford, M6 8EH, £165,000

Voltaire Avenue, Salford, M6 8EH - 2 views - 3 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£92K - £205K
Sold Prices/m²£205/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£148,238

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£875 - £1,450

Rent Estimate

£950

Running Costs/mo

£726

Cashflow/mo

£224

Cashflow/yr

£2,693

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £92K to £205K, average is £126.8K. £205/m² to £3.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£130K03/210.15 mi74, Lancaster Road, Salford, Greater Manchester M6 8AW2
£155K02/230.16 miFlat 21, Knowles Court, Eccles Old Road, Salford, Greater Manchester M6 8ES2
£171.8K07/220.24 miFlat 13, Portland House, Eccles Old Road, Salford, Greater Manchester M6 8HJ2
£182K09/230.24 miFlat 3, Portland House, Eccles Old Road, Salford, Greater Manchester M6 8HJ2
£134K08/230.29 mi11, Whitby Avenue, Salford, Greater Manchester M6 8BW2
£152K08/220.29 mi14, Whitby Avenue, Salford, Greater Manchester M6 8BW2
£162K11/210.32 mi4, Dante Close, Eccles, Manchester, Greater Manchester M30 9DT2
£142K11/200.32 mi8, Dante Close, Eccles, Manchester, Greater Manchester M30 9DT2
£151K12/230.34 miVictoria House, Flat 17, Victoria Road, Salford, Greater Manchester M6 8LF2
£205K08/220.34 mi9, Orama Avenue, Salford, Greater Manchester M6 8LL2
£152K07/230.39 mi17, Princeton Close, Salford, Greater Manchester M6 8QL2
£130K10/230.39 mi25, Princeton Close, Salford, Greater Manchester M6 8QL2
£92K05/230.46 miFlat 32, Reeves Court, Canterbury Gardens, Salford, Greater Manchester M5 5AE2
£135K04/230.47 miFlat 52, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£117K02/230.47 miFlat 31, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£140K05/230.47 miFlat 42, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£109K10/200.47 miFlat 5, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£105K06/210.47 miFlat 22, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£122.5K03/230.47 miFlat 59, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£147K11/220.47 miFlat 28, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£140K07/220.47 miFlat 10, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£120K10/230.48 miSquires Court, Flat 7, Canterbury Gardens, Salford, Greater Manchester M5 5AD2
£138.5K11/210.48 mi3, Wortley Avenue, Salford, Greater Manchester M6 8DB2
£120.3K07/210.49 miFlat 52, Knights Court, Canterbury Gardens, Salford, Greater Manchester M5 5AB2
£126K12/220.49 miFlat 16, Knights Court, Canterbury Gardens, Salford, Greater Manchester M5 5AB2
£127.5K01/240.49 miFlat 48, Knights Court, Canterbury Gardens, Salford, Greater Manchester M5 5AB2
£122.5K12/210.51 miApartment 229, Ladywell Point, Pilgrims Way, Salford, Greater Manchester M50 1AZ2
£134K09/230.51 miApartment 196, Ladywell Point, Pilgrims Way, Salford, Greater Manchester M50 1AZ2
£108.5K03/230.55 mi18, Ennismore Avenue, Eccles, Manchester, Greater Manchester M30 0AQ2
£120K12/200.56 mi37, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£120K11/200.56 mi43, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£120K03/210.56 mi28, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£125K12/200.56 mi46, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£115K03/210.56 mi31, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£113K10/210.56 mi39, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£110K04/210.56 mi52, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£135K11/220.56 mi78, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£140K10/220.56 mi11, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£115K04/210.6 miApartment 64, Ladywell Point, Pilgrims Way, Salford, Greater Manchester M50 1AU2
£105K10/200.6 miApartment 55, Ladywell Point, Pilgrims Way, Salford, Greater Manchester M50 1AU2
£108K02/210.61 miApartment 118, Ladywell Point, Pilgrims Way, Salford, Greater Manchester M50 1AW2
£110K06/210.62 miFlat 8, Thirkhill Place, Clarendon Road, Eccles, Manchester, Greater Manchester M30 9AA2
£115.5K06/210.62 miFlat 4, Thirkhill Place, Clarendon Road, Eccles, Manchester, Greater Manchester M30 9AA2
£121K10/210.64 miFlat 20, Cranford House, Half Edge Lane, Eccles, Manchester, Greater Manchester M30 9GT2
£160K03/210.64 miFlat 14, Cranford House, Half Edge Lane, Eccles, Manchester, Greater Manchester M30 9GT2
£125K11/200.68 miFlat 11, Riddell Court, Sheader Drive, Salford, Greater Manchester M5 5BW2
£155K12/220.69 miFlat 24, Riddell Court, Sheader Drive, Salford, Greater Manchester M5 5BW2
£133K09/210.69 mi6, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£124.5K12/200.69 mi75, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£130K02/210.69 mi5, Pinhigh Place, Salford, Greater Manchester M6 8ND2

Local Rents

50 rents from £875/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,10002/250.03 mi-2
£90005/240.05 miVoltaire Avenue, Salford, M62
£1,15003/250.13 mi-2
£90006/240.16 miHeathfields, Lancaster Road, Salford2
£95005/240.18 miEccles Old Road, Salford, Greater Manchester, M62
£1,27502/250.18 mi-2
£90006/240.2 mi-2
£92505/240.23 miPortland House, Eccles Old Road, Salford, Greater Manchester, M62
£1,03506/240.24 mi-2
£1,03506/240.24 miHillcrest, Salford, M62
£1,03506/240.24 miHillcrest, Salford, M62
£95005/240.24 mi30 Park Road Salford Greater Manchester2
£90005/240.24 mi-2
£90005/240.24 mi-2
£90006/240.24 mi-2
£95006/240.24 mi-2
£90005/240.24 miElysian Fields, Salford, M62
£90005/240.24 miElysian Fields, Salford, M62
£97503/250.24 mi-2
£99501/250.24 mi-2
£92503/250.26 mi-2
£95003/250.29 mi-2
£90005/240.38 miPrinceton Close, Salford, Lancashire, M62
£92506/240.42 miPinhigh Place, Salford, M62
£99512/240.44 mi-2
£1,20012/240.44 mi-2
£87505/240.45 miCholmondeley Road, Salford, M62
£1,20003/250.45 mi-2
£1,30001/250.47 mi-2
£90012/240.48 mi-2
£99905/240.49 mi-2
£1,40005/240.51 mi-2
£1,45001/250.51 mi-2
£1,40005/240.51 miKnights Court, Salford, M52
£97506/240.51 miPilgrims Way, Salford2
£1,45005/240.51 miInnings Drive, Salford, Manchester, M62
£1,45006/240.51 mi-2
£1,07505/240.52 mi-2
£1,35003/250.53 mi-2
£1,30002/250.53 mi-2
£1,05002/240.53 mi-2
£1,00006/240.53 mi-2
£1,20005/240.53 miLadywell Point Block B, Manchester, M502
£1,15005/240.53 miLadywell Point Block B, Salford Quays2
£1,05005/240.54 mi-2
£1,05005/240.54 miLadywell Point, Salford, M502
£1,10005/240.55 miLadywell Point Block B, Pilgrims Way, Salford2
£1,05005/240.56 miPilgrims Way, Salford, M502
£95005/240.56 miPilgrims Way, Salford, M502
£99505/240.56 miLittle Bolton Terrace, Salford, M52

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.23 miles away

Nearest school

0.30 miles away

Nearest train station

0.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Listed for £165,000

December 23, 2024

Floor Plans

Description

  • Walking distance to Salford Royal Hospital +
  • Excellent transport links +
  • Off-street parking +
  • Spacious 2-bedroom flat +
  • Walking distance to Ladywell tram stop +
  • Stylishly modern throughout +

Perfectly situated near Salford Royal Hospital and boasting excellent transport links, this exceptional first-floor flat is ideal for first-time buyers, investors, or those looking to downsize. Currently tenanted at £950pcm, it presents a fantastic opportunity.

Inside, the flat features a bright and spacious living area with ample space for dining and entertaining, a well-equipped contemporary kitchen, a modern bathroom with a walk-in shower, and two generously sized bedrooms. Off-street communal parking further enhances its appeal.

With its prime location offering easy access to Salford Quays, Media City, Salford Royal Hospital, and Manchester city centre, as well as nearby amenities, parks, and tram stops, this flat combines modern living with unmatched convenience in a highly desirable area.

EPC C Rating | Council Tax Band A

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Disclaimer:
While we strive for accuracy, these particulars are for guidance only and do not form part of any offer or contract. Measurements, photos, and floor plans are approximate, and systems or appliances have not been tested. For clarification or further details, please contact us before making travel arrangements. Fixtures and fittings must be agreed with the seller.

Living Room - 5.38 x 3.45 (17'7" x 11'3") -

Kitchen - 2.55 x 2.48 (8'4" x 8'1") -

Master Bedroom - 3.72 x 2.35 (12'2" x 7'8") -

Guest Bedroom - 2.71 x 2.50 (8'10" x 8'2") -

Bathroom - 2.25 x 2.03 (7'4" x 6'7") -

Agent Details

RE/MAX Property Hub, Devon

03300 536919

Next Steps?

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