2 Bed Flat, Single Let, Salford, M6 8GT, £140,000

Harvard Grove, Salford, M6 8GT - 2 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£99K - £228K
Sold Prices/m²£1.5K/m² - £3.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£148,238
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£800 - £1,450

Rent Estimate

£828

Running Costs/mo

£623

Cashflow/mo

£205

Cashflow/yr

£2,459

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £99K to £228K, average is £125K. £1.5K/m² to £3.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£152K07/230.06 mi17, Princeton Close, Salford, Greater Manchester M6 8QL2
£130K10/230.06 mi25, Princeton Close, Salford, Greater Manchester M6 8QL2
£138.5K11/210.22 mi3, Wortley Avenue, Salford, Greater Manchester M6 8DB2
£134K08/230.24 mi11, Whitby Avenue, Salford, Greater Manchester M6 8BW2
£152K08/220.24 mi14, Whitby Avenue, Salford, Greater Manchester M6 8BW2
£135K04/230.3 miFlat 52, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£117K02/230.3 miFlat 31, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£140K05/230.3 miFlat 42, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£109K10/200.3 miFlat 5, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£105K06/210.3 miFlat 22, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£122.5K03/230.3 miFlat 59, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£147K11/220.3 miFlat 28, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£140K07/220.3 miFlat 10, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH2
£130K03/210.35 mi74, Lancaster Road, Salford, Greater Manchester M6 8AW2
£120K12/200.48 mi37, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£120K11/200.48 mi43, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£120K03/210.48 mi28, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£125K12/200.48 mi46, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£115K03/210.48 mi31, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£113K10/210.48 mi39, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£110K04/210.48 mi52, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£135K11/220.48 mi78, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£140K10/220.48 mi11, Little Bolton Terrace, Salford, Greater Manchester M5 5BD2
£130K03/240.49 miGarbo Court, Flat 46, Monroe Close, Salford, Greater Manchester M6 8GH2
£114K08/210.49 miFlat 40, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£135K06/230.49 miFlat 6, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£116K10/230.49 miFlat 8, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£114K02/210.49 miFlat 2, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£120K01/210.49 miFlat 20, Flynn Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£120K11/200.49 miFlat 38, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£147.5K10/220.49 miFlat 18, Hepburn Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£145K10/220.5 miFlat 41, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH2
£130K11/230.51 miFlat 22, Wileman Court, Sheader Drive, Salford, Greater Manchester M5 5BU2
£125K11/200.51 miFlat 11, Riddell Court, Sheader Drive, Salford, Greater Manchester M5 5BW2
£155K12/220.51 miFlat 24, Riddell Court, Sheader Drive, Salford, Greater Manchester M5 5BW2
£125K02/230.51 miFlat 23, Anthistle Court, Sheader Drive, Salford, Greater Manchester M5 5BY2
£100K10/210.51 miFlat 26, Wileman Court, Sheader Drive, Salford, Greater Manchester M5 5BU2
£155K02/230.52 miFlat 21, Knowles Court, Eccles Old Road, Salford, Greater Manchester M6 8ES2
£112K04/210.52 miFlat 21, Anthistle Court, Sheader Drive, Salford, Greater Manchester M5 5BY2
£108K06/230.52 miFlat 26, Anthistle Court, Sheader Drive, Salford, Greater Manchester M5 5BY2
£130K03/230.54 miFlat 1, Hyndman Court, Sheader Drive, Salford, Greater Manchester M5 5BX2
£115K01/230.56 mi10, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£122K07/210.56 mi61, Chaplin Close, Salford, Greater Manchester M6 8FW2
£228K11/200.56 mi19, Chaplin Close, Salford, Greater Manchester M6 8FW2
£105K09/230.57 mi58, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£117K03/210.57 mi83, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£110K03/230.57 mi23, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£99K01/240.57 mi44, Sugar Mill Square, Salford, Greater Manchester M5 5EB2
£171.8K07/220.59 miFlat 13, Portland House, Eccles Old Road, Salford, Greater Manchester M6 8HJ2
£182K09/230.59 miFlat 3, Portland House, Eccles Old Road, Salford, Greater Manchester M6 8HJ2

Local Rents

50 rents from £800/mo to £1.4K/mo, average is £938/mo.

RentDateDistanceAddressBeds 
£90005/240.05 miPrinceton Close, Salford, Lancashire, M62
£90006/240.17 mi-2
£1,27502/250.19 mi-2
£1,45005/240.2 miInnings Drive, Salford, Manchester, M62
£1,45006/240.2 mi-2
£1,35003/250.22 mi-2
£95003/250.22 mi-2
£99512/240.25 mi-2
£87505/240.28 miCholmondeley Road, Salford, M62
£92503/250.28 mi-2
£1,30001/250.3 mi-2
£1,15003/250.3 mi-2
£90005/240.31 mi-2
£90006/240.31 mi-2
£95006/240.31 mi-2
£90005/240.31 miElysian Fields, Salford, M62
£90005/240.31 miElysian Fields, Salford, M62
£97503/250.31 mi-2
£90005/240.32 miVoltaire Avenue, Salford, M62
£1,10002/250.34 mi-2
£80005/240.35 mi-2
£80006/240.35 mi-2
£80005/240.35 miEmerson Street, Salford, M52
£92505/240.36 miEmerson Street, Salford2
£1,20002/240.37 mi-2
£90006/240.37 miHeathfields, Lancaster Road, Salford2
£92505/240.38 miEmerson Street, Salford, Greater Manchester, M52
£92505/240.38 miKingsford Street, Salford2
£87506/240.41 mi-2
£87506/240.41 mi-2
£87505/240.41 miWeaste Lane, Salford, M52
£87505/240.41 miWeaste Lane, Salford, M52
£87506/240.41 miWeaste Lane, Salford, M52
£99502/250.42 mi-2
£1,19505/240.47 miMoorfield Road, Salford2
£1,15012/240.48 mi-2
£99505/240.48 miLittle Bolton Terrace, Salford, M52
£89506/240.48 miEccles New Road, Salford, M52
£95002/250.49 mi-2
£95005/240.5 mi-2
£95005/240.5 miGarbo Court, Salford, M62
£87512/240.51 mi-2
£1,10005/240.51 miRiddell Court, Sheader Drive, Salford, M52
£1,00005/240.51 miRiddell Court, Sheader Drive, Salford2
£92505/240.51 miSheader Drive, Salford, M52
£95005/240.52 miEccles Old Road, Salford, Greater Manchester, M62
£95002/250.56 mi-2
£90006/240.56 mi-2
£1,20012/240.57 mi-2
£1,25003/250.57 mi-2

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.07 miles away

Nearest school

0.10 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Listed for £140,000

February 6, 2025

Floor Plans

Description

  • Coming to the market with NO VENDOR CHAIN!! +
  • Fantastic TWO BEDROOM FIRST FLOOR FLAT +
  • Within WALKING DISTANCE TO SALFORD ROYAL HOSPITAL AND BUILE HILL PARK! +
  • Well presented fitted kitchen +
  • TWO DOUBLE BEDROOMS! +
  • Three-piece bathroom suite +
  • Communal Parking +
  • Within easy access of excellent transport links into Salford Quays, Media City and Manchester City Centre +
  • Well kept communal areas +
  • Perfect for FIRST TIME BUYERS! +

PERFECT FIRST HOME OR POTENTIAL INVESTMENT! Modern TWO DOUBLE BEDROOM apartment available with NO CHAIN and situated on the 1st floor of this purpose built block within walking distance of SALFORD ROYAL HOSPITAL.  Welcome to this fantastic CHAIN FREE two bedroom first-floor flat boasting a well-presented fitted kitchen, TWO DOUBLE BEDROOMS, and a modern three-piece bathroom suite. Completing the space is a spacious lounge which would be perfect for families or for entertaining. This fantastic property is in Prime Location, within walking distance to Salford Royal Hospital and with Excellent Transport Links to Media City and Manchester City Centre! This property is not only an ideal home but also an excellent investment opportunity for potential rental income, given its convenient location and easy accessibility to key amenities. The property also benefits from well-kept communal areas and communal parking. Don't miss out on the chance to secure this fantastic flat – contact us today to arrange a viewing !

EPC Rating: D

Agent Details

Hills, Eccles

0161 707 4900

Next Steps?

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