3 Bed Terraced House, Single Let, Salford, M6 5LZ, £235,000

30 Laburnum Street, Chimney Pot Park, Salford, M6 5LZ - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~71 m²
+3 photos

ValuationOvervalued

Sold Prices£53.5K - £293.5K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~71.10 m²
Price/m²£3.3K/m²

Value Estimate

£162,984

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Total Cash In

£67,000

 

 

Cash Out

 

Rent Range

£999 - £3,900

Rent Estimate

£1,175

Running Costs/mo

£989

Cashflow/mo

£186

Cashflow/yr

£2,228

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £53.5K to £293.5K, average is £201.8K. £1.5K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£178K11/210.04 mi27, Reservoir Street, Salford, Greater Manchester M6 5WB3
£179K03/210.13 mi104, Fitzwarren Street, Salford, Greater Manchester M6 5RS3
£230K06/230.17 mi2, Springwell Close, Salford, Greater Manchester M6 5PB3
£232K04/230.17 mi1, Springwell Close, Salford, Greater Manchester M6 5PB3
£235K04/230.17 mi46, Blodwell Street, Salford, Greater Manchester M6 5RX3
£250K07/230.18 mi4, Fairbrook Drive, Salford, Greater Manchester M6 5PA3
£53.5K04/240.18 mi255, Langworthy Road, Salford, Greater Manchester M6 5PQ3
£185K04/230.2 mi11, Nona Street, Salford, Greater Manchester M6 5PG3
£158K03/210.21 mi17, Grange Street, Salford, Greater Manchester M6 5PR3
£201.5K07/230.21 mi12, Grange Street, Salford, Greater Manchester M6 5PR3
£180.3K07/210.21 mi38, Grange Street, Salford, Greater Manchester M6 5PR3
£160K11/200.25 mi259, Langworthy Road, Salford, Greater Manchester M6 5NP3
£186.5K04/230.26 mi6, Langton Street, Salford, Greater Manchester M6 5PX3
£211K01/240.27 mi3, Seedley Park Road, Salford, Greater Manchester M6 5WR3
£230K03/240.27 mi33, Tenbury Close, Salford, Greater Manchester M6 5BJ3
£190K03/210.27 mi8, Tenbury Close, Salford, Greater Manchester M6 5BJ3
£220K11/210.27 mi20, Tenbury Close, Salford, Greater Manchester M6 5BJ3
£218K03/240.27 mi27, Tenbury Close, Salford, Greater Manchester M6 5BJ3
£165.8K07/230.28 mi14, Seedley View Road, Salford, Greater Manchester M6 5WS3
£215K11/200.28 mi5, Seedley View Road, Salford, Greater Manchester M6 5WS3
£275K02/230.32 mi136, Derby Road, Salford, Greater Manchester M5 5BB3
£207.5K04/220.33 mi105, Derby Road, Salford, Greater Manchester M5 5LE3
£150K12/200.33 mi109, Derby Road, Salford, Greater Manchester M5 5LE3
£195.5K11/200.34 mi1, Castledene Avenue, Salford, Greater Manchester M6 8RY3
£182K12/200.36 mi10, Lostock Road, Salford, Greater Manchester M5 5LH3
£188K02/210.36 mi3, Lostock Road, Salford, Greater Manchester M5 5LH3
£202K12/200.36 mi23, Lostock Road, Salford, Greater Manchester M5 5LH3
£200K02/210.37 mi303, Langworthy Road, Salford, Greater Manchester M6 7AG3
£225K05/210.37 mi21, Sandy Lane, Salford, Greater Manchester M6 8RB3
£293.5K11/230.37 mi58, Derby Road, Salford, Greater Manchester M6 5YD3
£238K03/230.37 mi14, Greenbank Road, Salford, Greater Manchester M6 8RG3
£250K08/230.37 mi11, Greenbank Road, Salford, Greater Manchester M6 8RG3
£166K01/240.37 mi258, Langworthy Road, Salford, Greater Manchester M6 7AQ3
£180.5K08/220.39 mi34, Martin Street, Salford, Greater Manchester M5 5JZ3
£175.1K01/210.39 mi11, Martin Street, Salford, Greater Manchester M5 5JZ3
£172K12/200.39 mi28, Cedric Street, Salford, Greater Manchester M5 5JY3
£172K12/200.39 mi28, Cedric Street, Salford, Greater Manchester M5 5JY3
£169.3K01/240.39 mi34, Cedric Street, Salford, Greater Manchester M5 5JY3
£160K07/220.39 mi14, Cedric Street, Salford, Greater Manchester M5 5JY3
£221K05/230.4 mi132, Seedley Terrace, Salford, Greater Manchester M6 8RN3
£210K02/220.41 mi20, The Mead, Salford, Greater Manchester M5 5LL3
£220K03/230.41 mi43, Chandos Grove, Salford, Greater Manchester M5 5FJ3
£212K04/240.42 mi28, Brentwood, Salford, Greater Manchester M6 8RJ3
£281K01/220.43 mi23, Peveril Road, Salford, Greater Manchester M5 5LN3
£255K07/210.43 mi32, Peveril Road, Salford, Greater Manchester M5 5LN3
£240K10/200.43 mi17, Peveril Road, Salford, Greater Manchester M5 5LN3
£275K09/210.43 mi13, Peveril Road, Salford, Greater Manchester M5 5LN3
£210K05/220.45 mi7, Peterhead Walk, Salford, Greater Manchester M5 4HY3
£194K12/200.45 mi14, Church Avenue, Salford, Greater Manchester M6 5RB3
£186K04/210.46 mi3, Arbour Close, Salford, Greater Manchester M6 7DT3

Local Rents

50 rents from £999/mo to £3.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,20002/240.01 mi-3
£1,35003/250.04 mi-3
£1,55005/240.11 miNansen Street, Salford, Manchester3
£1,45001/250.12 mi-3
£1,75505/240.13 miOsborne Street, Salford, M6 5LG3
£2,20005/240.13 mi-3
£2,00006/240.13 mi-3
£1,20005/240.13 miFitzwarren Street, Salford3
£1,75012/240.13 mi-3
£1,69005/240.14 miFitzwarren Street, Salford3
£1,60012/240.14 mi-3
£1,69506/240.14 mi-3
£1,20003/250.15 mi-3
£1,42502/240.15 mi-3
£3,29501/250.16 mi-3
£2,60005/240.16 mi-3
£3,50006/240.16 mi-3
£3,50001/250.16 mi-3
£3,50001/250.16 mi-3
£1,47505/240.17 miSpringwell Close, Salford, M63
£1,40006/240.18 miBlodwell Street, Salford3
£99912/240.19 mi-3
£1,15005/240.21 miGrange Street, Salford3
£1,30003/250.21 mi-3
£1,27803/250.21 mi-3
£1,10005/240.21 miLangworthy Road, Salford3
£1,40005/240.21 miLangshaw Street, Salford, Greater Manchester, M63
£1,39505/240.22 miEdumnd Street, Salford M63
£1,56002/240.22 mi-3
£1,65012/240.22 mi-3
£1,50005/240.23 miLangshaw Street, Salford, M63
£1,90006/240.23 mi-3
£1,60006/240.23 mi-3
£1,60004/250.23 mi-3
£1,60005/240.24 miAthole Street, Salford, Greater Manchester, M53
£1,50005/240.25 mi-3
£1,55002/250.25 mi-3
£2,00002/250.27 mi-3
£1,50003/250.28 mi-3
£1,50005/240.28 miAmersham Street, Salford3
£1,69502/250.28 mi-3
£3,90005/240.29 mi-3
£3,49001/250.29 mi-3
£1,90505/240.29 miLyndhurst Street, Salford, M63
£1,90505/240.29 miLyndhurst Street, Salford, M63
£1,80005/240.29 miWythburn Street, Pendleton, Salford, M63
£3,30004/250.3 mi-3
£1,50006/240.31 mi-3
£1,60004/250.31 mi-3
£1,50006/240.31 miSouthbourne Street, Moorland's Green, Salford, M63

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.40 miles away

Nearest school

0.10 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Listed for £235,000

February 5, 2025

Floor Plans

Description

  • Three Double Bedrooms +
  • One Bathroom +
  • Upside Down Accommodation +
  • Located In Chimney Pot Park +
  • No Chain +
  • EPC Rating C +
  • Undercroft Parking Included +
  • Large Outdoor Terrace +

This spacious three bedroom house is situated in the popular Chimney Pot Park development by Urban Splash.

The accommodation comprises a spacious hallway with storage, two double bedrooms and one bathrooms. Stairs lead to first floor with a large open plan living area with sliding door onto the outdoor terrace area and a third bedroom. Further stairs lead to the kitchen area. The apartment comes with an allocated undercroft parking space. Suitable for both owner occupiers and investors with the property having no onward chain.

Viewing is highly recommended. To arrange a viewing please call our sales team on .

The Tour - Entered through a spacious hallway, with a utility cupboard and two double bedrooms and one bathroom. You are greeted by stairs leading up to the upper floor, and a large open plan living area leading onto a large private terrace and a further bedroom through sliding doors. Further stairs lead to the kitchen which offers the perfect space for cooking and entertaining guests along with an ample amount of storage.

The Area - Chimney Pot Park is an award winning development situated close to Salford Quays and Media City, whilst also being close to transport links taking you into the City Centre. The development was renovated in 2007 to offer unique spacious living space.

The apartment enjoys an allocated undercroft parking space.

Lease Information - Length of Lease - Leasehold 999 years from 2007
Ground Rent £250 Per Annum
Service Charge £907.64 Per Annum (includes car park service charge)

Agent Details

Reside, Manchester

0161 524 5946

Next Steps?

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