2 Bed Terraced House, Single Let, Salford, M5 4YH, £260,000

9 Woden Street, Salford, M5, M5 4YH - 2 months ago

Leasehold
BTL
ROI: 1%
60 m²
+24 photos

ValuationOvervalued

Sold Prices£122K - £400K
Sold Prices/m²£2K/m² - £4.4K/m²

 

 

Square Metres

60 m²
Price/m²£4.3K/m²

Value Estimate

£201,563

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£895 - £2,500

Rent Estimate

£1,100

Running Costs/mo

£1,053

Cashflow/mo

£48

Cashflow/yr

£570

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £122K to £400K, average is £211.1K. £2K/m² to £4.4K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£212.5K11/210.16 mi5, Wodens Avenue, Salford, Greater Manchester M5 4TF2
£195K03/230.28 mi14, Catfield Walk, Manchester, Greater Manchester M15 4HH2
£160K11/200.29 mi33, Whimberry Close, Salford, Greater Manchester M5 3WL2
£226.5K10/230.29 mi8, Whimberry Close, Salford, Greater Manchester M5 3WL2
£215K01/230.3 mi41, Whimberry Close, Salford, Greater Manchester M5 3WL2
£230K10/230.34 miA 13.07, Block A Wilburn Basin, Ordsall Lane, Salford, Greater Manchester M5 4XQ2
£210.1K02/240.35 mi17, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£205K05/230.35 mi12, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£178K01/210.35 mi35, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£214K10/230.35 mi15, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£212K03/230.36 mi29, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£165K03/210.39 mi14, Buckfield Avenue, Salford, Greater Manchester M5 3HJ2
£215K04/230.52 mi39, Ryall Avenue, Salford, Greater Manchester M5 3HX2
£215K12/220.61 mi17, Warburton Street, Salford, Greater Manchester M5 3FX2
£225K07/210.62 mi78, Taylorson Street, Salford, Greater Manchester M5 3EX2
£208.8K03/210.62 mi92, Taylorson Street, Salford, Greater Manchester M5 3EX2
£220K11/220.63 mi17, Mallow Street, Manchester, Greater Manchester M15 5GE2
£240K08/220.63 mi74, Ribston Street, Manchester, Greater Manchester M15 5RJ2
£195K11/200.63 mi62, Old York Street, Hulme, Manchester, Greater Manchester M15 5TH2
£238K01/240.64 mi13, Treelands Walk, Salford, Greater Manchester M5 3FU2
£221.1K10/210.66 mi2, Sudbury Close, Manchester, Greater Manchester M16 9DG2
£195K11/210.67 mi12, Marple Street, Manchester, Greater Manchester M15 4AH2
£195K11/210.67 mi12, Marple Street, Manchester, Greater Manchester M15 4AH2
£225K05/240.68 mi2, Farwood Close, Manchester, Greater Manchester M16 9DQ2
£235K12/220.68 mi13, Weedall Avenue, Salford, Greater Manchester M5 3DG2
£185K07/210.69 mi43, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£210K02/230.69 mi79, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9BQ2
£180K05/210.69 mi17, Crowther Avenue, Salford, Greater Manchester M5 3JU2
£242K01/230.71 mi22, Northumberland Road, Manchester, Greater Manchester M16 9DP2
£160K12/200.73 mi57, Goodiers Drive, Salford, Greater Manchester M5 3JZ2
£370K02/230.73 mi18, Fire Station Square, Salford, Greater Manchester M5 4NZ2
£375K07/220.73 mi11, Fire Station Square, Salford, Greater Manchester M5 4NZ2
£205K04/230.74 mi35, Warde Street, Hulme, Manchester, Greater Manchester M15 5TG2
£172K07/210.79 mi5, Dunham Street, Manchester, Greater Manchester M15 5FX2
£258K09/220.81 mi23, Beever Street, Manchester, Greater Manchester M16 9JR2
£205K05/230.81 mi8, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW2
£122K09/220.82 mi81, Pink Bank Lane, Manchester, Greater Manchester M12 5GR2
£150K08/220.82 mi17, Steeple Drive, Salford, Greater Manchester M5 4SB2
£188K02/220.84 mi9, Wythop Gardens, Salford, Greater Manchester M5 4QF2
£175K12/200.86 mi8, Kershope Grove, Salford, Greater Manchester M5 4QE2
£179K03/210.88 mi10, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9LH2
£345K12/220.89 mi8, Merchants Quay, Salford, Greater Manchester M50 3XR2
£235.7K11/220.89 mi24, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£185K02/210.89 mi26, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£320K03/210.89 mi53, Merchants Quay, Salford, Greater Manchester M50 3XF2
£160K05/230.9 mi11, Brotherton Drive, Salford, Greater Manchester M3 6BH2
£170K01/240.91 mi229, Liverpool Street, Salford, Greater Manchester M5 4HS2
£255K07/220.91 mi7, Tysoe Gardens, Salford, Greater Manchester M3 6BL2
£400K03/230.91 mi17, Tysoe Gardens, Salford, Greater Manchester M3 6BL2
£213K08/230.93 mi57, Pemberton Street, Manchester, Greater Manchester M16 9JY2

Local Rents

50 rents from £895/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,32505/240.01 miDowntown, 9 Woden Street, Salford2
£1,30006/240.01 miDowntown, 9 Woden Street, Salford2
£1,55012/240.01 mi-2
£1,40006/240.01 miDowntown (Block A) 9 Woden Street, Salford2
£1,40002/240.01 mi-2
£1,45005/240.02 miWoden Street, Salford2
£1,40005/240.03 mi9 Woden Street, Salford, 2
£1,35005/240.03 miDowntown, 7 Woden Street, Salford2
£1,30005/240.03 miDowntown, 7 Woden Street, Salford, M52
£1,30005/240.03 mi-2
£1,25005/240.03 mi-2
£1,35012/240.03 mi-2
£1,35005/240.03 miWoden Street, Salford, M52
£1,35005/240.03 mi-2
£1,27505/240.04 miDowntown, 9 Woden Street, Salford2
£2,50002/250.04 mi-2
£1,40005/240.04 miThe Mill, M5 4JH2
£1,35005/240.05 miDowntown, 7 Woden Street, Salford, Lancashire, M52
£1,25006/240.05 miWoden Street, Salford2
£1,30005/240.05 miBlock B, Downtown, 9 Woden Street, Salford, Lancashire, M52
£1,17502/250.05 mi-2
£1,15005/240.05 miWoden Street, Salford, Greater Manchester, M52
£1,15005/240.05 miWoden Street, Salford, Greater Manchester, M52
£1,15005/240.05 miSteele House, Woden Street, Salford, M52
£1,30012/240.06 mi-2
£1,20005/240.06 mi29 Slater House, Lamba Court, Salford2
£1,10003/250.06 mi-2
£1,20006/240.06 miSteele House, Woden Street, M52
£1,20006/240.06 miSlater House, Woden Street, M52
£1,15005/240.07 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,15005/240.07 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,29505/240.07 miThe Riverside, Derwent Street Salford M52
£1,35003/250.07 mi-2
£1,35005/240.07 miRiverside, Lowry Wharf, Derwent Street, Salford, M52
£1,35012/240.07 miRiverside, Lowry Wharf, Derwent Street, Salford, M52
£89505/240.07 miThe Riley Building, Derwent Street, M52
£1,20005/240.08 miSt Georges Island, 3 Kelso Place, Castlefield, Manchester, M152
£1,35005/240.08 miBridgewater Gate, Woden Street, Salford, M52
£1,50005/240.08 miKelso Place, Manchester, Greater Manchester, M152
£1,50003/250.09 mi-2
£1,35005/240.09 miExcelsior Works, Castlefield2
£1,15012/240.09 mi-2
£1,19505/240.09 miSt. Georges Island, Kelso Place, Castlefield, Manchester, M152
£1,25005/240.1 miSt Georges Island, 2 Kelso Place, Castlefield2
£1,15005/240.1 miKelso Place, Manchester, M152
£1,10006/240.1 miKelso Place, Castlefield, Manchester, M152
£1,25003/250.1 mi-2
£1,25012/240.1 mi-2
£1,20005/240.1 mi-2
£1,20005/240.1 miKelso Place, Manchester, M152

Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

2.68 miles away

Nearest school

0.40 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £260,000

January 18, 2025

Floor Plans

Description

  • MODERN & CONTEMPORARY INTERIOR THROUGHOUT +
  • 24 HOUR CONCIERGE +
  • COMMUNAL GARDENS & ROOF TERRACE +
  • RESIDENTS GYMNASIUM +
  • CLOSE TO MANCHESTER CITY CENTRE +
  • HIGHLY SOUGHT AFTER LOCATION +
  • EARLY & INTERNAL VIEWING HIGHLY RECOMMENDED +

The Property
STUNNING TWO BED APARTMENT WITH TWO DOUBLE BEDROOMS THAT BOTH HAVE THEIR OWN BATHROOMS * IDEAL FOR FIRST TIME BUYERS, YOUNG PROFESSIONALS & BUY TO LET LANDLORDS LOOKING FOR A GOOD RETURN * CLOSE TO SALFORD QUAYS & MEDIA CITY WITH THEIR ARRAY OF SHOPS, BARS, RESTAURANTS, SUPERMARKETS & GENERAL LOCAL AMENITIES * CORNBROOK TRAM STOP, DEANSGATE TRAIN STATION & MANCHESTER-DEANSGATE TRAM STOP ALL UNDER ONE MILE FROM THE PROPERTY * THE BLOCK PROVIDES A FABULOUS RESIDENTS GYMNASIUM, ROOF TERRACE, BUSINESS SUITE, THERMAL SUITE & ENTERTAINMENT SUITE * FANTASTIC BUS ROUTES INTO MANCHESTER CITY CENTRE & BEYOND * EARLY & INTERNAL VIEWING HIGHLY RECOMMENDED ***

Communal Entrance
Entrance into the building is via an intercom system with lifts and stairs to all floor and 24 hour concierge.

Living Area
Wooden flooring, spot lights to ceiling, floor to ceiling double glazed window, wall mounted electric heater and opening out to:-

Kitchen
A modern range of low and eye level units incorporating a stainless steel sink and drainer unit, built in four ring hob with splashback, built in oven and grill, dishwasher and fridge freezer, wooden flooring, spot lights to ceiling, wall mounted Intercom and door to:-

Utility Area
Great space for storage and houses washing machine.

Bedroom One
Floor to ceiling double glazed window, wall mounted electric heater and door to:-

Bathroom
A modern three piece suite comprising of bath with shower over, sink unit, low level WC, partly tiled walls, tiled flooring, spot lights to ceiling and wall mounted stainless steel heated towel rail.

Bedroom Two
Double glazed window and wall mounted electric heater.

Bathroom Two
A modern three piece suite comprising of bath with shower over, sink unit, low level WC, partly tiled walls, tiled flooring, spot lights to ceiling and wall mounted stainless steel heated towel rail.

Roof Terrace
There is a communal roof terrace.

Gym
There is a residents gym on site.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 31/12/3017

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Manchester

0161 524 9265

Next Steps?

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