2 Bed Flat, Cash/Bridging Only, Salford, M5 4LN, £135,000

16 Middlewood Street, Salford, M5 4LN - 2 views - 2 months ago

Leasehold
Cash
ROI: 14%
51 m²
+11 photos

ValuationUndervalued

Sold Prices£102K - £430K
Sold Prices/m²£1.7K/m² - £4.4K/m²

 

 

Square Metres

51 m²
Price/m²£2.6K/m²

Value Estimate

£138,787
BMV3%

 

 

End Value (After Refurb)

£163,259

Uplift in Value

+21%

Investment Opportunity











Local Sold Prices

52 sold prices from £102K to £430K, average is £169K. £1.7K/m² to £4.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£128K02/210.24 miFlat 19, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN2
£130K05/230.24 miFlat 2, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN2
£127.5K07/230.24 miFlat 11, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN2
£150K11/220.26 miFlat 42, Cassandra Court, Asgard Drive, Salford, Greater Manchester M5 4TW2
£110K11/200.27 miFlat 41, Cassandra Court, Asgard Drive, Salford, Greater Manchester M5 4TW2
£102K03/210.27 miFlat 101, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£136.1K01/230.27 miFlat 66, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£138K03/230.27 miFlat 102, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£138K07/230.27 miFlat 90, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£171.5K07/210.28 miApartment 49, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS2
£173K11/210.28 miApartment 72, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS2
£210K03/210.37 mi19, Woollam Place, Manchester, Greater Manchester M3 4JJ2
£114K11/230.39 miApartment 1, Renolds House, Everard Street, Salford, Greater Manchester M5 4UB2
£153K12/230.39 miRenolds House, Apartment 19, Everard Street, Salford, Greater Manchester M5 4UB2
£230K08/210.39 mi32, Potato Wharf, Manchester, Greater Manchester M3 4NB2
£212K09/210.39 mi28, Potato Wharf, Manchester, Greater Manchester M3 4NB2
£276.5K02/210.39 miFlat 11, Old Court House, Encombe Place, Salford, Greater Manchester M3 6FJ2
£180K12/220.4 miApartment 47, Slater House, Woden Street, Salford, Greater Manchester M5 4UE2
£208K02/210.41 mi133d, Liverpool Road, Manchester, Greater Manchester M3 4JN2
£240K04/210.41 mi127f, Liverpool Road, Manchester, Greater Manchester M3 4JN2
£165K09/210.42 miFlat 17, Trinity Court, Cleminson Street, Salford, Greater Manchester M3 6DX2
£205K03/230.42 miFlat 32, Trinity Court, Cleminson Street, Salford, Greater Manchester M3 6DX2
£152.5K02/230.42 miFlat 30, Trinity Court, Cleminson Street, Salford, Greater Manchester M3 6DX2
£200K03/230.42 miFlat 28, Trinity Court, Cleminson Street, Salford, Greater Manchester M3 6DX2
£170K06/230.54 mi22, Brotherton Drive, Salford, Greater Manchester M3 6BH2
£170K06/230.54 mi22, Brotherton Drive, Salford, Greater Manchester M3 6BH2
£220K06/210.55 mi29, Rozel Square, Manchester, Greater Manchester M3 4FQ2
£250K07/210.56 miFlat 301, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£260K06/230.56 miFlat 108, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£210K09/210.56 miFlat 202, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£294K12/200.56 mi11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL2
£277K07/210.56 mi1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL2
£170K09/210.57 miFlat 12, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£330K12/220.57 miFlat 36, Model Lodging House, Bloom Street, Salford, Greater Manchester M3 6AJ2
£430K01/230.59 miSuite 509, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£400K04/210.59 miApartment 310, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£350K04/210.59 miApartment 301, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT2
£145K06/210.6 mi10, Bevill Square, Salford, Greater Manchester M3 6BB2
£285K06/210.61 mi28, Porchfield Square, Manchester, Greater Manchester M3 4FG2
£166K07/230.61 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2
£166K07/230.61 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2
£130K01/210.62 miFlat 29, Thomas Court, Beattock Close, Manchester, Greater Manchester M15 4JA2
£155K09/200.62 mi37, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£153.5K03/210.63 mi41, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£131.5K11/200.63 mi66, Linen Court, Salford, Greater Manchester M3 6JG2
£168K12/220.63 mi61, Linen Court, Salford, Greater Manchester M3 6JG2
£170K05/230.63 mi17, Linen Court, Salford, Greater Manchester M3 6JG2
£166K01/230.64 mi57, Linen Court, Salford, Greater Manchester M3 6JG2
£125K08/210.65 mi44, Calico Close, Salford, Greater Manchester M3 6AH2
£135K02/230.65 mi38, Calico Close, Salford, Greater Manchester M3 6AH2
£167K03/210.7 miFlat 214, Canon Green Court, West King Street, Salford, Greater Manchester M3 7HA2
£120K04/210.7 mi25, Chiffon Way, Salford, Greater Manchester M3 6AB2













Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

2.35 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £135,000

January 25, 2025

Floor Plans

Description

  • Fusion Development +
  • Cash Investment only +
  • Salford University Corridor +
  • Two bedroom +

BSF funding in place buy with confidence.

A superb opportunity for the keen city investor to acquire this purpose built two-bedroom apartments in the Fusion Development. Located within a short stroll to the city centre as well as the local shops and Salford University.

Consisting of a hallway to an impressive living area incorporating a gloss multi appliance fitted kitchen, two bedrooms and a family bathroom plus an en-suite to the master bedroom.

Leasehold Expires 22/12/2153
• Ground Rent £275 per year
• Service charge £2,221 per year

Located in Fusion in 16 Middlewood Street Salford M5 4LN

Agent Details

Bridgfords, Manchester

0161 524 4219

Next Steps?

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