2 Bed Flat, Single Let, Salford, M5 4UJ £130,000

Eccles New Road, Elishaw Row Eccles New Road, M5 4UJ - 3 views - 10 months ago
Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationUndervalued

Sold Prices£115K - £260K
Sold Prices/m²£2.3K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£158,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,800

Total Cash In

£40,300

 

 

Cash Out

 

Rent Range

£595 - £1,400

Rent Estimate

£600

Running Costs/mo

£546

Cashflow/mo

£54

Cashflow/yr

£645

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £115K to £260K, average is £198.1K. £2.3K/m² to £4.3K/m², average is £3.2K/m².

Price
Date
Distance
Address
Beds
 
£132K07/250 mi2, Ellishaw Row, Eccles New Road, Salford M5 4UJ2
£127.5K06/210.01 miFlat 1, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ2
£137K11/230.01 miFlat 21, Elishaw Row, Eccles New Road, Salford, Greater Manchester M5 4UJ2
£117.5K11/210.04 miFlat 23, Kielder Square, Eccles New Road, Salford, Greater Manchester M5 4UL2
£145K11/220.08 miFlat 1, Wearhead Row, Eccles New Road, Salford, Greater Manchester M5 4UH2
£170K11/240.1 mi6, Apartment 36, Langworthy Road, Salford M5 4HE2
£115K06/210.11 miFlat 25, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£136.8K04/230.11 miFlat 31, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£137.5K05/230.11 miFlat 37, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£136K12/220.11 miFlat 36, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£150K08/230.11 miFlat 11, Melmerby Court, Eccles New Road, Salford, Greater Manchester M5 4UG2
£150.5K05/220.17 miFlat 15, Ailsa House, Langworthy Road, Salford, Greater Manchester M6 5SW2
£140K07/230.22 miFlat 49, Redmires Court, Eccles New Road, Salford, Greater Manchester M5 4US2
£162.5K12/240.28 mi56 Lexington Court, Apartment 112, Broadway, Salford M50 2UG2
£160K03/250.32 miApartment 312, 52 Madison Court, Broadway, Salford M50 2UD2
£216K06/250.35 mi6, Field Street, Salford M6 5EY2
£216K06/250.35 mi6, Field Street, Salford M6 5EY2
£230K09/240.41 mi71, Reservoir Street, Salford M6 5NB2
£179K06/250.42 miApartment 911, 9 Michigan Point Tower A, Michigan Avenue, Salford M50 2HA2
£205K12/240.42 mi9 Michigan Point Tower A, Apartment 811, Michigan Avenue, Salford M50 2HA2
£205K03/250.42 miApartment 1807, 9 Michigan Point Tower A, Michigan Avenue, Salford M50 2HD2
£215K04/250.42 miApartment 2301, 9 Michigan Point Tower A, Michigan Avenue, Salford M50 2HD2
£135K01/250.42 mi9 Michigan Point Tower A, Apartment 2408, Michigan Avenue, Salford M50 2HD2
£179K06/250.42 miApartment 911, 9 Michigan Point Tower A, Michigan Avenue, Salford M50 2HA2
£210K12/240.46 miMillennium Point, Apartment 803, The Quays, Salford M50 3SE2
£240K03/250.49 mi168, 100 Nv Buildings, The Quays, Salford M50 3BE2
£190K04/250.52 mi1, 96 Nv Buildings, The Quays, Salford M50 3BB2
£190K04/250.52 mi1, 96 Nv Buildings, The Quays, Salford M50 3BB2
£196.2K06/250.53 miApartment 901, 5 Block A, Red, Media City, Salford M50 2AN2
£196.2K06/250.53 miApartment 901, 5 Block A, Red, Media City, Salford M50 2AN2
£195K01/230.54 mi145, Labrador Quay, Salford, Greater Manchester M50 3YH2
£235.1K05/250.54 mi141, Labrador Quay, Salford M50 3YH2
£235.1K05/250.54 mi141, Labrador Quay, Salford M50 3YH2
£230K04/250.54 mi159, Labrador Quay, Salford M50 3YH2
£230K04/250.54 mi159, Labrador Quay, Salford M50 3YH2
£260K04/250.54 mi52, St Lawrence Quay, Salford M50 3XT2
£260K04/250.54 mi52, St Lawrence Quay, Salford M50 3XT2
£212K12/220.54 mi43, Labrador Quay, Salford, Greater Manchester M50 3YH2
£255K11/220.55 mi119, Labrador Quay, Salford, Greater Manchester M50 3YH2
£210K05/230.55 mi171, Labrador Quay, Salford, Greater Manchester M50 3YH2
£245K04/250.55 miApartment 198, 94 City Lofts, The Quays, Salford M50 3TZ2
£245K04/250.55 miApartment 198, 94 City Lofts, The Quays, Salford M50 3TZ2
£222K05/250.55 miApartment 52, 94 City Lofts, The Quays, Salford M50 3TS2
£222K05/250.55 miApartment 52, 94 City Lofts, The Quays, Salford M50 3TS2
£177K07/250.56 miApartment 901, Number One, Pink, Media City, Salford M50 2BA2
£170K06/250.56 miApartment 805, Number One, Pink, Media City, Salford M50 2BA2
£200K06/230.57 miApartment 403, Number One, Pink, Media City Uk, Salford, Greater Manchester M50 2BA2
£200K01/230.58 miApartment 1905, Number One, Pink, Media City Uk, Salford, Greater Manchester M50 2BB2
£240K09/210.58 mi44, Vancouver Quay, Salford M50 3TU2
£205K09/210.59 mi71, Vancouver Quay, Salford, Greater Manchester M50 3TU2

Local Rents

50 rents from £595/mo to £1.4K/mo, average is £1K/mo.

Rent
Date
Distance
Address
Beds
 
£1,05009/250 miEccles New Road, Salford2
£62507/250.01 miEllishaw Row, Eccles New Road2
£60006/250.02 mi-2
£1,25006/250.02 miEccles New Road, Salford, M52
£60006/250.02 miEccles New Road, Salford, M52
£1,10011/250.03 miEccles New Road, Manchester, M52
£1,40006/240.03 mi-2
£1,40010/250.03 mi-2
£1,10005/240.03 mi-2
£1,07505/240.03 miKielder Square, Salford, M52
£1,02505/250.04 miKielder Square, Eccles New Road, Salford, M52
£67508/250.04 miKielder Square, Eccles New Road, Eccles2
£1,15005/240.04 miKielder Square, Eccles New Road, Salford, M5 4UL2
£1,10007/250.04 miKielder Square, Eccles New Road, Salford, M5 4UL2
£1,10008/250.04 miKielder Square, Salford, M52
£1,29911/250.04 miKielder Square, Salford, M52
£1,10012/240.04 mi-2
£1,15012/240.04 mi-2
£99501/250.04 mi-2
£1,05003/250.04 mi-2
£1,10008/250.04 mi-2
£1,29911/250.04 mi-2
£1,10012/240.04 miKielder Square, Salford, M5 4UW2
£1,00012/240.04 mi-2
£1,10010/250.04 miKielder Square, Eccles New Road, Salford, M5 4UL2
£1,09507/250.04 mi-2
£1,40010/250.04 mi-2
£99505/250.04 mi-2
£1,40010/250.04 mi-2
£63008/250.04 miSt James Park, Manchester, M52
£99506/250.04 miKielder Square, Eccles New Road, Salford, M52
£99511/250.04 miKielder Square, Eccles New Road, Salford, M52
£1,15004/250.05 mi-2
£1,00006/250.06 miConstance Gardens, Salford2
£1,20007/250.06 miConstance Gardens, Salford2
£95005/240.06 miConstance Gardens, Salford, M52
£95005/240.06 miConstance Gardens, Salford, M52
£95005/240.06 miConstance Gardens, Salford, M52
£95006/240.06 miConstance Gardens, Salford, M52
£97507/250.06 miConstance Gardens, Salford, M52
£1,20007/250.06 miConstance Gardens, Salford, M52
£1,00007/250.06 miConstance Gardens, Salford, M52
£1,00006/250.06 miConstance Gardens, Salford, M52
£1,00007/250.06 miConstance Gardens, Salford, M52
£1,00007/250.06 miConstance Gardens, Salford, M52
£1,00008/250.06 miConstance Gardens, Salford, M52
£1,00008/250.06 miConstance Gardens, Salford, M52
£1,00008/250.06 miConstance Gardens, Salford, M52
£1,00008/250.06 miConstance Gardens, Salford, M52
£59508/250.06 miConstance Gardens, Salford2

Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

1.75 miles away

Nearest school

0.30 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Buyer's market

Capital growth (5yrs)

-2%

Property History

Listed for £130,000

February 7, 2025

Floor Plans

Property image

Description

  • Stylish Two Bedroom Ground Floor Apartment +
  • Located Within Walking Distance of Salford Quays & Media City, Which are Host to a Fine Array of Bars, Shops and Restaurants +
  • Bright and Airy Lounge Diner +
  • Stylish Three-Piece Bathroom +
  • Two Generously-Sized Double Bedrooms +
  • Benefits from Communal Gardens +
  • Just a Short Walk from Langworthy Tram Stop, which Provides Direct Access into Manchester City Centre +
  • Ideal First Time Home or Investment +
  • Viewing is Highly Recommended! +

Take a look at this STYLISH, two bedroom ground floor apartment – located within walking distance of Salford Quays & Media City! As you enter the property you head into a welcoming entrance hallway, which provides access to the stylish three-piece bathroom, a large store room which could be used as an office, and a spacious lounge diner. From here, you will find two generously-sized double bedrooms and a modern fitted kitchen. Additionally, true property benefits from secure access via fob or intercom to through electric gates, parking and well-maintained communal gardens. The property also benefits from access to a residents gym and an allocated parking space! This property would be ideal for first time buyers and investors alike, situated in a convenient location with easy access into Salford Quays and Media City, which are not just picturesque locations; but also provide a host of amenities, including a fine array of bars, shops and restaurants. Viewing is highly recommended, get in touch to secure your viewing today! 

EPC Rating: C

Agent Details

Hills, Eccles

0161 707 4900

Next Steps?

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