2 Bed Terraced House, Single Let, Salford, M6 5NB, £210,000

Reservoir Street, Chimney Pot Park, Salford, M6 5NB - 2 months ago

Leasehold

BTL

ROI: 1%

~68 m²

+12 photos

ValuationOvervalued

Sold Prices	£75K - £222K
Sold Prices/m²	£1.1K/m² - £3.8K/m²

Square Metres	~68.11 m²
Price/m²	£3.1K/m²
Value Estimate	£159,621£159,621

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£52,500£52,500
Stamp Duty & Legal Fees	£7,800£7,800
Total Cash In	£60,300£60,300

Cash Out
Rent Range	£900 - £1,850£900 - £1,850
Rent Estimate	£944
Running Costs/mo	£865£865
Cashflow/mo	£79£79
Cashflow/yr	£947£947
ROI	2%2%
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £75K to £222K, average is £166.8K. £1.1K/m² to £3.8K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£165K	06/21	0.02 mi	53, Alder Street, Salford, Greater Manchester M6 5WD	-	-	2	Terraced House
£185K	04/21	0.02 mi	15, Jubilee Street, Salford, Greater Manchester M6 5EP	£1,853	100	2	Terraced House
£188K	02/24	0.04 mi	4, Ash Street, Salford, Greater Manchester M6 5NA	£2,725	69	2	Terraced House
£195K	06/23	0.04 mi	26, Ash Street, Salford, Greater Manchester M6 5NA	£2,770	70	2	Terraced House
£165K	03/21	0.04 mi	24, Ash Street, Salford, Greater Manchester M6 5NA	-	-	2	Terraced House
£133K	12/20	0.04 mi	78, Highfield Road, Salford, Greater Manchester M6 5LA	£2,463	54	2	Terraced House
£180K	02/24	0.05 mi	69, Ash Street, Salford, Greater Manchester M6 5WA	£2,612	69	2	Terraced House
£200K	08/23	0.05 mi	37, Ash Street, Salford, Greater Manchester M6 5WA	£3,384	59	2	Terraced House
£211K	12/23	0.05 mi	1, Ash Street, Salford, Greater Manchester M6 5WA	£2,605	81	2	Terraced House
£180K	12/22	0.05 mi	102, Highfield Road, Salford, Greater Manchester M6 5LA	£3,214	56	2	Terraced House
£172K	08/21	0.05 mi	14, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,048	84	2	Terraced House
£200K	11/22	0.05 mi	51, Laburnum Street, Salford, Greater Manchester M6 5LZ	£3,833	52	2	Terraced House
£157K	07/21	0.05 mi	57, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,259	70	2	Terraced House
£165K	02/21	0.05 mi	9, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,578	64	2	Terraced House
£165K	10/21	0.05 mi	58, Laburnum Street, Salford, Greater Manchester M6 5LZ	£3,056	54	2	Terraced House
£162K	03/21	0.05 mi	56, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,335	69	2	Terraced House
£188K	02/24	0.05 mi	62, Laburnum Street, Salford, Greater Manchester M6 5LZ	£3,481	54	2	Terraced House
£220K	01/23	0.06 mi	10, Alder Street, Salford, Greater Manchester M6 5ND	£2,500	88	2	Terraced House
£216K	03/23	0.06 mi	20, Field Street, Salford, Greater Manchester M6 5EY	£2,571	84	2	Terraced House
£185K	12/20	0.06 mi	18, Field Street, Salford, Greater Manchester M6 5EY	£2,761	67	2	Terraced House
£205K	11/23	0.06 mi	14, Field Street, Salford, Greater Manchester M6 5EY	£1,864	110	2	Terraced House
£160K	03/21	0.06 mi	15, Reservoir Street, Salford, Greater Manchester M6 5WB	-	-	2	Terraced House
£222K	08/23	0.06 mi	28, Reservoir Street, Salford, Greater Manchester M6 5WB	-	-	2	Terraced House
£195K	10/23	0.06 mi	42, Reservoir Street, Salford, Greater Manchester M6 5WB	£3,197	61	2	Terraced House
£185K	07/23	0.09 mi	25, Keswick Grove, Salford, Greater Manchester M6 5LR	£2,500	74	2	Terraced House
£146.5K	05/21	0.09 mi	22, Jones Street, Salford, Greater Manchester M6 5LP	£1,970	74	2	Terraced House
£148K	03/23	0.09 mi	39, Duchy Street, Salford, Greater Manchester M6 5LS	£1,682	88	2	Terraced House
£127K	03/21	0.14 mi	120, Fitzwarren Street, Salford, Greater Manchester M6 5RS	-	-	2	Terraced House
£169K	07/23	0.14 mi	17, Alpha Street, Salford, Greater Manchester M6 5JY	£2,224	76	2	Terraced House
£104K	03/21	0.16 mi	66, Nansen Street, Salford, Greater Manchester M6 5QH	-	-	2	Terraced House
£173.5K	04/23	0.18 mi	4, Springwell Close, Salford, Greater Manchester M6 5PB	£2,991	58	2	Terraced House
£153K	11/20	0.18 mi	4, Woodgrange Close, Salford, Greater Manchester M6 5PD	£2,125	72	2	Terraced House
£75K	02/21	0.2 mi	5, Norway Street, Salford, Greater Manchester M6 5GD	£1,087	69	2	Terraced House
£185K	04/21	0.21 mi	6, Lower Seedley Road, Salford, Greater Manchester M6 5WL	-	-	2	Terraced House
£157.5K	08/21	0.21 mi	24, Lower Seedley Road, Salford, Greater Manchester M6 5WL	£3,088	51	2	Semi-Detached House
£105K	03/21	0.21 mi	20, Fram Street, Salford, Greater Manchester M6 5GB	£1,944	54	2	Terraced House
£152.5K	10/20	0.21 mi	9, Edmund Street, Salford, Greater Manchester M6 5WQ	£1,733	88	2	Terraced House
£200K	01/23	0.21 mi	14, Edmund Street, Salford, Greater Manchester M6 5WQ	-	-	2	Terraced House
£180K	10/22	0.22 mi	42, Grange Street, Salford, Greater Manchester M6 5PR	£2,069	87	2	Terraced House
£215K	07/24	0.23 mi	3, Tenbury Close, Salford, Greater Manchester M6 5BJ	£3,772	57	2	Semi-Detached House
£126K	10/21	0.24 mi	6, Alpha Street West, Salford, Greater Manchester M6 5NR	-	-	2	Terraced House
£144K	01/21	0.24 mi	10, Alpha Street West, Salford, Greater Manchester M6 5NR	£1,600	90	2	Terraced House
£135K	11/20	0.26 mi	54, Langton Street, Salford, Greater Manchester M6 5PU	£1,467	92	2	Terraced House
£170K	05/24	0.26 mi	6, Horsham Street, Salford, Greater Manchester M6 5QS	£2,179	78	2	Terraced House
£142.5K	02/21	0.26 mi	26, Horsham Street, Salford, Greater Manchester M6 5QS	£1,851	77	2	Terraced House
£165K	06/23	0.27 mi	10, Hersey Street, Salford, Greater Manchester M6 5GT	£2,115	78	2	Terraced House
£152K	07/21	0.28 mi	12, Milford Street, Salford, Greater Manchester M6 5GQ	-	-	2	Terraced House
£148K	12/20	0.28 mi	4, Milford Street, Salford, Greater Manchester M6 5GQ	£1,638	90	2	Terraced House
£166.5K	02/21	0.29 mi	4, Haven Street, Salford, Greater Manchester M6 5QR	£1,435	116	2	Terraced House
£167K	01/24	0.3 mi	4, Wychbury Street, Salford, Greater Manchester M6 5YA	£2,352	71	2	Terraced House

Local Rents

51 rents from £900/mo to £1.9K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	01/25	0.04 mi	-	2	Terraced House
£1,250	05/24	0.04 mi	-	2	Terraced House
£1,250	02/25	0.04 mi	-	2	Terraced House
£1,200	05/24	0.04 mi	Alder Street, Salford, M6	2	Terraced House
£1,100	05/24	0.05 mi	Laburnum Street, Salford, M6	2	Terraced House
£1,100	03/24	0.05 mi	Laburnum Street, Manchester, Greater Manchester, M6	2	Terraced House
£1,350	05/24	0.05 mi	-	2	Terraced House
£1,250	05/24	0.05 mi	Field Street, Chimney Pot Park, Salford	2	Terraced House
£1,150	12/24	0.05 mi	-	2	Terraced House
£1,200	05/24	0.06 mi	-	2	Terraced House
£1,195	02/24	0.06 mi	-	2	Terraced House
£1,145	12/24	0.06 mi	-	2	Terraced House
£1,200	03/25	0.06 mi	-	2	Terraced House
£1,300	05/24	0.06 mi	Laburnum Street, Salford	2	Terraced House
£1,150	03/24	0.06 mi	Reservoir Street, Manchester, Greater Manchester, M6	2	Terraced House
£1,150	05/24	0.07 mi	-	2	Terraced House
£1,350	03/25	0.07 mi	-	2	Terraced House
£1,100	05/24	0.08 mi	Alder Street, Salford, M6	2	Terraced House
£1,200	05/24	0.08 mi	Reservoir Street, Salford, Greater Manchester, M6	2	Terraced House
£1,200	05/24	0.08 mi	Reservoir Street, Salford, Greater Manchester, M6	2	Terraced House
£950	05/24	0.11 mi	Keswick Grove, Salford, Greater Manchester, M6	2	Terraced House
£1,100	05/24	0.11 mi	88 Langworthy Road, Manchester, Greater Manchester, M6	2	Terraced House
£1,200	05/24	0.12 mi	Ash Street, Salford	2	Terraced House
£950	05/24	0.12 mi	Spring Gardens, Salford, M6	2	Terraced House
£900	05/24	0.13 mi	Spring Gardens, Salford	2	Terraced House
£1,450	12/24	0.13 mi	-	2	Terraced House
£1,850	05/24	0.14 mi	-	2	Flat
£1,400	05/24	0.14 mi	Block C Alto, Sullivan Way, M3 6GD	2	Flat
£1,000	05/24	0.14 mi	Nansen Street, Salford, M6	2	Terraced House
£1,000	05/24	0.14 mi	Bronte Court, Rosehill Close, SALFORD, M6	2	Flat
£975	05/24	0.15 mi	Langworthy Road, Salford	2	Flat
£1,100	01/25	0.16 mi	-	2	Terraced House
£1,100	06/24	0.17 mi	-	2	Terraced House
£1,150	05/24	0.18 mi	-	2	Terraced House
£1,050	12/24	0.18 mi	-	2	Terraced House
£1,050	06/24	0.18 mi	Nansen Street, Salford, M6	2	Terraced House
£1,100	05/24	0.19 mi	Liverpool Street, Pendleton One, Salford, Lancashire, M6	2	Flat
£1,199	03/25	0.21 mi	-	2	Terraced House
£900	05/24	0.23 mi	Grange Street, Salford	2	Terraced House
£1,200	06/24	0.23 mi	-	2	Terraced House
£1,200	05/24	0.23 mi	Blodwell Street, Manchester, M6	2	Terraced House
£1,400	02/25	0.23 mi	-	2	Terraced House
£1,200	02/25	0.23 mi	-	2	Semi-Detached House
£1,300	05/24	0.24 mi	-	2	Terraced House
£1,400	03/25	0.24 mi	-	2	Terraced House
£1,100	06/24	0.25 mi	Brown Street, Salford, M6	2	Terraced House
£1,250	12/24	0.25 mi	-	2	Semi-Detached House
£900	03/25	0.26 mi	-	2	Terraced House
£1,000	05/24	0.26 mi	Langworthy Road, Salford, Greater Manchester, M6	2	Terraced House
£1,100	01/25	0.26 mi	-	2	Terraced House
£997	05/24	0.27 mi	12 Hersey St, Salford, M6 5GT	2	Flat

Local Area Statistics

Population in M6	31,26831,268
Population in Salford	88,69788,697
Town centre distance	1.37 miles away1.37 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.42 miles away0.42 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+32%+32%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+58%+58%

Property History

Price changed to £210,000

February 20, 2025

Listed for £220,000

February 8, 2025

Floor Plans

Description

Two Double Bedrooms +
Mid Terrace Property +
Parking Included +
Outside Terrace Area +
Modern mid terrace +
No onward chain +
Viewing Advised +
Close to public transport +
Recently decorated +
Urban Splash Development +

VIDEO TOUR - NO ONWARD CHAIN - VITALSPACE ESTATE AGENTS are pleased to offer for sale this TWO DOUBLE BEDROOM terraced house at Chimney Pot Park, the landmark development by Urban Splash in Salford. The property is available now on an furnished basis and briefly comprises; a welcoming entrance vestibule two double bedrooms and a bathroom with a sunken bath. To the first floor a large open plan living area which provides access out onto a garden terrace area, the kitchen is located on the top floor. This property also benefits from private parking to the front, gas central heating, double glazing throughout and a burglar alarm. Conveniently placed for a range of local amenities including shops and schools and also perfectly position for local bus routes, with excellent commuter links and a short walk from Salford Quays / Media City and Manchester City Centre is only a ten minute tram ride away. Offered for sale with no onward chain. Contact VitalSpace Estate Agents to arrange an internal inspection.

Agent Details

VitalSpace, South Manchester

0161 524 7829

Next Steps?

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

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