3 Bed Detached House, Single Let, Salford, M6 8AQ, £375,000

Lancaster Road, Salford, Greater Manchester, M6 8AQ - 1 views - 4 months ago

BTL
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£150K - £481.5K
Sold Prices/m²£1.7K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£219,441

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£20,700

Total Cash In

£114,450

 

 

Cash Out

 

Rent Range

£995 - £4,000

Rent Estimate

£1,000

Running Costs/mo

£1,392

Cashflow/mo

£-392

Cashflow/yr

£-4,702

Gross Yield

3%

Local Sold Prices

50 sold prices from £150K to £481.5K, average is £223K. £1.7K/m² to £4.6K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£285K11/220.09 mi16, Bishop Road, Salford, Greater Manchester M6 8PX3
£190K03/230.1 mi8, Selby Drive, Salford, Greater Manchester M6 8AX3
£190K03/210.12 mi1, Guildford Road, Salford, Greater Manchester M6 8PT3
£175K06/230.12 mi39, Guildford Road, Salford, Greater Manchester M6 8PT3
£220K02/240.12 mi3, Guildford Road, Salford, Greater Manchester M6 8PT3
£253K12/230.12 mi80, Cholmondeley Road, Salford, Greater Manchester M6 8PU3
£212K11/210.13 mi2, Hopecourt Close, Salford, Greater Manchester M6 8AS3
£230K09/230.13 mi3, Hopecourt Close, Salford, Greater Manchester M6 8AS3
£169K10/200.14 mi48, Fairhope Avenue, Salford, Greater Manchester M6 8AD3
£150K11/200.14 mi13, Mayfair Avenue, Salford, Greater Manchester M6 8AF3
£200K08/210.15 mi39, Graham Road, Salford, Greater Manchester M6 8PS3
£173K04/210.15 mi16, Graham Road, Salford, Greater Manchester M6 8PS3
£165.5K04/210.15 mi29, Graham Road, Salford, Greater Manchester M6 8PS3
£196K11/200.15 mi2, Graham Road, Salford, Greater Manchester M6 8PS3
£228K02/240.15 mi20, Graham Road, Salford, Greater Manchester M6 8PS3
£235K01/210.15 mi7, Orient Road, Salford, Greater Manchester M6 8LB3
£173K04/210.16 mi16, Graham Road, Salford, Greater Manchester M6 8PS3
£285K12/230.16 mi18, Hayfield Road, Salford, Greater Manchester M6 8PZ3
£332.5K03/230.17 mi17, Hawthorn Drive, Salford, Greater Manchester M6 8FU3
£255K02/240.17 mi5, Hawthorn Drive, Salford, Greater Manchester M6 8FU3
£287K11/210.17 mi59, Cholmondeley Road, Salford, Greater Manchester M6 8PR3
£170K06/210.17 mi36, Winchester Road, Salford, Greater Manchester M6 8PG3
£202K02/230.17 mi18, Winchester Road, Salford, Greater Manchester M6 8PG3
£187K12/200.17 mi26, Winchester Road, Salford, Greater Manchester M6 8PG3
£170K03/210.17 mi20, Winchester Road, Salford, Greater Manchester M6 8PG3
£363K02/240.18 mi4a, Orient Road, Salford, Greater Manchester M6 8LD3
£197K11/200.18 mi2, Light Oaks Road, Salford, Greater Manchester M6 8NQ3
£200K01/210.18 mi37, Light Oaks Road, Salford, Greater Manchester M6 8NQ3
£250K12/230.18 mi37, Light Oaks Road, Salford, Greater Manchester M6 8NQ3
£259.5K11/210.18 mi28, Orlanda Avenue, Salford, Greater Manchester M6 8FX3
£258K09/210.18 mi29, Orlanda Avenue, Salford, Greater Manchester M6 8FX3
£285K01/230.19 mi6, Oakville Drive, Salford, Greater Manchester M6 8EZ3
£171K08/210.19 mi21, Winchester Road, Salford, Greater Manchester M6 8PQ3
£183K11/200.19 mi15, Winchester Road, Salford, Greater Manchester M6 8PQ3
£185K12/200.19 mi19, Winchester Road, Salford, Greater Manchester M6 8PQ3
£185K05/210.19 mi33, Winchester Road, Salford, Greater Manchester M6 8PQ3
£337.5K11/220.2 mi11a, Light Oaks Road, Salford, Greater Manchester M6 8NQ3
£250K11/210.21 mi83, Hayfield Road, Salford, Greater Manchester M6 8QA3
£221K05/240.21 mi56, Hayfield Road, Salford, Greater Manchester M6 8QA3
£312.6K10/220.21 mi39, Orient Road, Salford, Greater Manchester M6 8LE3
£247K02/210.22 mi51, Orient Road, Salford, Greater Manchester M6 8LE3
£225K03/210.22 mi9, Gloucester Road, Salford, Greater Manchester M6 8PP3
£200K06/210.22 mi8, Gloucester Road, Salford, Greater Manchester M6 8PP3
£203K02/230.22 mi18, Gloucester Road, Salford, Greater Manchester M6 8PP3
£240K03/210.22 mi1a, Gloucester Road, Salford, Greater Manchester M6 8PP3
£260K10/210.22 mi12, Odessa Avenue, Salford, Greater Manchester M6 8LQ3
£360K07/230.23 mi22, Victoria Road, Salford, Greater Manchester M6 8EY3
£300K08/240.23 mi12, Ormonde Avenue, Salford, Greater Manchester M6 8LP3
£264K03/230.23 mi10, Ormonde Avenue, Salford, Greater Manchester M6 8LP3
£481.5K01/220.24 mi13, Victoria Road, Salford, Greater Manchester M6 8FZ3

Local Rents

42 rents from £995/mo to £4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,70005/240 miLancaster Road, Salford3
£99505/240.12 miGuildford Road, Salford3
£1,45004/250.15 mi-3
£1,32503/250.16 mi-3
£1,37505/240.16 mi-3
£1,37505/240.16 miGraham Road, Salford, M63
£1,25006/240.19 miWinchester Road, Salford3
£1,45006/240.21 mi-3
£4,00003/250.22 mi-3
£1,40004/250.22 mi-3
£1,80002/250.24 mi-3
£1,40006/240.28 mi-3
£1,40005/240.28 miLight Oaks Road, Salford, M63
£1,65003/250.29 mi-3
£1,30002/240.3 mi-3
£1,18002/250.31 mi-3
£1,05004/250.33 mi-3
£1,20004/250.33 mi-3
£1,19504/250.4 mi-3
£1,19505/240.42 miLancaster Road, Salford3
£2,00012/240.44 mi-3
£2,00006/240.44 miTrafalgar Road, Salford, M63
£1,30003/250.44 mi-3
£1,29505/240.47 mi-3
£1,29505/240.47 miLancaster Road, Salford, M63
£1,30003/250.47 mi-3
£1,20006/240.51 miSunningdale Drive, Salford, Manchester, M63
£1,50003/250.52 mi-3
£1,10006/240.53 mi-3
£1,40005/240.53 mi-3
£1,50005/240.54 miWeylands Grove, Manchester, M63
£1,00005/240.54 miBranksome Drive, Salford, Greater Manchester, M63
£1,20005/240.56 miCanterbury Gardens, Salford3
£3,50001/250.57 mi-3
£2,00005/240.6 mi-3
£1,29512/240.6 mi-3
£1,10005/240.6 mi-3
£1,15005/240.61 miBarff Road, Salford3
£1,05005/240.61 miNew Barton Street, Salford, M63
£1,00005/240.61 miNew Barton Street, Salford, M63
£1,00006/240.61 mi-3
£1,85505/240.62 miKennedy Road, Salford, M53

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.13 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 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 £375,000

January 23, 2025

Listed for £400,000

December 23, 2024

Floor Plans

Description

* No Chain Involved - Internal Viewing a Must * Well Presented Traditional Detached Home, Generous and Versatile Living Space, Extensive Gardens, Detached Garage and Ample Driveway Parking, Situated in a Much Sought After and Highly Convenient Location ***

This is a rare opportunity to purchase a splendid period home of the highest calibre which simply must be viewed internally to be fully appreciated. Sitting in a generous plot, it perfectly blends a wealth of breath-taking period features throughout, along with a spectacular contemporary finish. There is excellent potential for further extension/development if required (subject to relevant planning consent. This is an ideal property for a growing family looking for something a little bit special.

The fabulous accommodation is exceptionally well proportioned and providing highly versatile living space which includes an entrance porch, inviting hallway, lounge with feature fireplace, separate sitting/dining room, morning room/study, conservatory, modern fitted kitchen with integrated appliances, plus a cloakroom/wc to the ground floor. On the first floor a spacious landing, three good sized bedrooms plus an awe inspiring four piece principle bathroom completes the internal living space. Outside there are extensive gardens that are private and not overlooked, alongside ample off road parking for several vehicles and a detached garage/store.

The location is highly sought after, providing excellent and varied access to local amenities including Salford Royal Infirmary which is only a short walk away, as well as via major transport links into to Manchester City Centre, Salford Quays, Media City, with a wealth of amenities within close proximity including well regarded primary and secondary schools.

Rarely do homes of this calibre come to the market and tend not to available to buy for long, especially with the added benefit of No Chain involved. As such an early internal inspection is strongly advised to avoid disappointment.

Agent Details

Miller Metcalfe, Worsley

0161 524 0938

Next Steps?

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