2 Bed Flat, Single Let, Salford, M5 3LN, £145,000
Endeavour House 1B, Elmira Way, Salford, M5 3LN - 3 views - 2 months ago
Leasehold
Auction
BTL
ROI: 15%
~68 m²





+5 photos
ValuationUndervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £36,250 |
Stamp Duty & Legal Fees | £5,550 |
Total Cash In | £41,800 |
| |
Cash Out | |
Rent Range | £1,100 - £2,600 |
Rent Estimate | £1,250 |
Running Costs/mo | £723 |
Cashflow/mo | £527 |
Cashflow/yr | £6,323 |
ROI | 15% |
Gross Yield | 10% |
Local Rents
51 rents from £1.1K/mo to £2.6K/mo, average is £1.3K/mo.
Local Area Statistics
Population in M5 | 14,445 |
Population in Salford | 88,697 |
Town centre distance | 2.53 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.12 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +35% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +6% |
Property History
Listed for £145,000
January 30, 2025
Description
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