2 Bed Flat, Single Let, Salford, M7 4HH, £120,000

78a Kings Road, Manchester M25 0FY - 4 views - a month ago

Sold STC
BTL
ROI: 9%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£50K - £295K
Sold Prices/m²£831/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£127,708
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£650 - £2,250

Rent Estimate

£816

Running Costs/mo

£558

Cashflow/mo

£258

Cashflow/yr

£3,094

ROI

9%

Gross Yield

8%

Local Sold Prices

48 sold prices from £50K to £295K, average is £110K. £831/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£110K03/210.21 miFlat 10, Milton Court, Bury Old Road, Salford, Greater Manchester M7 4QX2
£155K03/210.21 miFlat 2, Bristol Court, Bury Old Road, Salford, Greater Manchester M7 4QX2
£295K06/210.27 miFlat 2, Lakeside Court, Old Hall Road, Salford, Greater Manchester M7 4JJ2
£149K11/230.42 miFlat 16, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL2
£101K03/210.42 miFlat 2, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL2
£112K01/210.42 miFlat 12, Grosvenor Court, Park Lane, Salford, Greater Manchester M7 4JZ2
£230K10/210.43 miFlat 20, Sommerville Court, Park Lane, Salford, Greater Manchester M7 4HU2
£143K03/240.49 miHaversham Court, Flat 4, Middleton Road, Manchester, Greater Manchester M8 4JY2
£163K07/230.5 miFlat 2, Haversham Court, Middleton Road, Manchester, Greater Manchester M8 4JY2
£50K12/200.52 mi36, Lower Brooklands Parade, Manchester, Greater Manchester M8 4JS2
£115K06/210.55 miFlat 10, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG2
£165K11/220.55 miFlat 16, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG2
£162.5K10/200.55 miFlat 2, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG2
£102K01/210.56 miFlat 11, Brookland Court, Middleton Road, Manchester, Greater Manchester M8 4JU2
£145K12/220.56 miFlat 18, Cavendish Court, Holden Road, Salford, Greater Manchester M7 4LW2
£125K07/210.58 miFlat 10, Holland Court, Holland Road, Manchester, Greater Manchester M8 4WP2
£110K05/210.61 miFlat 18, Hilltop Court, Brooklands Road, Crumpsall, Manchester, Greater Manchester M8 4JH2
£110K10/200.61 miFlat 23, Hilltop Court, Brooklands Road, Crumpsall, Manchester, Greater Manchester M8 4JH2
£140K08/230.63 miFlat 17, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX2
£127K12/200.63 miFlat 15, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX2
£82K12/200.63 miFlat 26, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX2
£100K09/230.63 miFlat 16, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX2
£50K12/200.63 mi36, Lower Brooklands Parade, Manchester, Greater Manchester M8 4JS2
£68.8K11/200.64 miApartment 605, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£80K09/230.64 miApartment 1202, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£77.5K02/230.64 miGround Floor Apartments G04, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£93K08/230.64 miApartment 1304, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£60K04/210.65 mi3, Claythorpe Walk, Manchester, Greater Manchester M8 4JQ2
£105K09/230.65 mi10, Claythorpe Walk, Manchester, Greater Manchester M8 4JQ2
£120K01/230.66 mi3, Betula Grove, Salford, Greater Manchester M7 2AB2
£100K11/200.67 miFlat 8, Lovell Court, Middleton Road, Manchester, Greater Manchester M8 4LB2
£141K09/230.67 miFlat 15, Lovell Court, Middleton Road, Manchester, Greater Manchester M8 4LB2
£125K09/220.68 mi4, Martingale Court, Manchester, Greater Manchester M8 0AR2
£95K07/220.68 miApartment 804, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£81K09/210.7 mi50, Bowker Bank Avenue, Crumpsall, Manchester, Greater Manchester M8 4LF2
£100K07/210.7 mi48, Bowker Bank Avenue, Manchester, Greater Manchester M8 4LF2
£96K05/210.71 mi35, Deanery Court, Manchester, Greater Manchester M8 0AU2
£100K05/220.71 mi12, Deanery Court, Manchester, Greater Manchester M8 0AU2
£95K03/210.71 mi7, Deanery Court, Manchester, Greater Manchester M8 0AU2
£135K11/220.71 mi30, Deanery Court, Manchester, Greater Manchester M8 0AU2
£110K12/220.71 mi7, Deanery Court, Manchester, Greater Manchester M8 0AU2
£103K11/210.75 mi74, Martingale Court, Manchester, Greater Manchester M8 0AR2
£140K09/230.75 mi64, Martingale Court, Manchester, Greater Manchester M8 0AR2
£150K06/210.88 miFlat 2, Norwood Lodge, Vine Street, Salford, Greater Manchester M7 3PB2
£132.5K04/210.88 miFlat 4, Norwood Lodge, Vine Street, Salford, Greater Manchester M7 3PB2
£136.5K10/210.88 mi46, Mayfield Road, Salford, Greater Manchester M7 3WZ2
£106K11/200.99 mi102, Roch Bank, Manchester, Greater Manchester M9 8FL2
£120K10/220.99 mi76, Roch Bank, Manchester, Greater Manchester M9 8FL2

Local Rents

49 rents from £650/mo to £2.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£85006/240.16 miLeicester Avenue, Salford, Greater Manchester, M72
£95007/240.17 miLeicester Avenue, Salford, Greater Manchester, M72
£85005/240.17 miLeicester Avenue, Salford, Greater Manchester, M72
£79508/240.2 miPark Lea Court, Upper Park Road2
£95005/240.2 miMontpellier Mews, Waterpark Road, Salford2
£89507/240.21 miBury Old Road, Bristol Court, M72
£1,05007/240.21 miPark Croft, 151 Bury Old Road2
£1,00007/240.21 miMilton Court, Bury Old Road, Salford, M7 4QX2
£1,10005/240.22 mi-2
£85005/240.25 miBerkeley Court, Bury Old Road, Salford2
£1,10007/240.26 miBury Old Road, Salford, M72
£1,30003/250.28 mi-2
£95006/240.32 miRavenhurst, Upper Park Road, Salford2
£87505/240.32 miSeymour Road, Manchester2
£2,20002/250.34 mi-2
£2,20002/250.34 mi-2
£1,19505/240.36 mi-2
£1,19502/240.36 mi-2
£1,09502/250.36 mi-2
£1,09505/240.36 mi-2
£1,19506/240.36 mi-2
£1,09506/240.36 mi-2
£1,10006/240.36 mi-2
£1,09502/250.36 mi-2
£1,19505/240.36 miPolygon Road, Manchester, M82
£1,09505/240.36 miPolygon Road, Manchester, M82
£1,09505/240.36 miPolygon Road, Manchester, M82
£1,09505/240.36 miPolygon Road, Manchester, M82
£1,09506/240.36 mi-2
£82505/240.38 mi-2
£89505/240.39 miSt Marys Hall Road, Manchester, M82
£1,10003/250.41 mi-2
£90006/240.41 miSoutham Street, Salford, M72
£90006/240.41 mi-2
£97503/250.42 mi-2
£97502/250.43 mi-2
£97507/240.43 mi-2
£99508/240.43 mi-2
£99501/240.44 mi-2
£1,10003/250.44 mi-2
£90005/240.46 miGreat Cheetham Street East, Broughton, Salford, M72
£95007/240.47 miRectory Road, Manchester, M82
£1,75007/240.47 miSingleton Road, Salford2
£2,25003/250.49 mi-2
£80006/240.51 miMiddleton Road, Manchester2
£80006/240.51 miMiddleton Road, Manchester2
£65002/250.52 mi-2
£1,09512/240.56 mi-2
£85005/240.58 miCavendish Road, Salford, Greater Manchester, M72

Local Area Statistics

Population in M7

27,601

Population in Salford

88,697

Town centre distance

2.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £120,000

February 15, 2025

Description

* 2 Bedrooms
* GCH
* UPVC
* 1 Reception Rooms
* Kosher Kitchen
* Sought After Location

Location
Roston Road is set between Leicester Road and Stanley Road. Shops, Parks, Schools and Places of worship are all within a short walking distance. Bury Town Centre and Manchester City Centre are both a short distance away.

Lounge/Dinning Room
Carpet Flooring, UPVC Window, overlooking the front of the property

Kitchen
Linoleum Flooring, Base units, stainless steel sink with mixer tap and drainer, oven and four ring gas hob. Window overlooking the rear of the property.

Bathroom
Lylonium flooring. 3 piece green porcelain bathroom suite consisting of Hand washbasin, WC and bath.

Bedroom 1
Carpet flooring, UPVC windows overlooking the front of the property

Bedroom 2
Carpet flooring, UPVC overlooking the rear of the property

Bedroom 3
Carpet flooring, UPVC overlooking the rear of the property

Agent Details

S&S Property Group, Manchester

0161 773 5309

Next Steps?

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