3 Bed Flat, Single Let, Salford, M7 4JT £165,000

Devonshire Court, Salford M7 4JT - 9 months ago

Sold STC

Leasehold

BTL

ROI: 3%

~93 m²

ValuationUndervalued

Sold Prices	£100K - £403K
Sold Prices/m²	£1.4K/m² - £4K/m²

Square Metres	~93 m²
Price/m²	£1.8K/m²
Value Estimate	£198,000£198,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£41,250£41,250
Stamp Duty & Legal Fees	£10,250£10,250
Total Cash In	£51,500£51,500

Cash Out
Rent Range	£795 - £2,000£795 - £2,000
Rent Estimate	£828
Running Costs/mo	£701£701
Cashflow/mo	£127£127
Cashflow/yr	£1,521£1,521
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

32 sold prices from £100K to £403K, average is £222.5K. £1.4K/m² to £4K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£255K	11/22	0.16 mi	Flat 21, Park Lane Court, Bury New Road, Salford, Greater Manchester M7 4LP	-	-	3	Flat
£225K	08/21	0.31 mi	Flat B, Penryn Court, Singleton Road, Salford, Greater Manchester M7 4LL	-	-	3	Flat
£180K	02/25	0.32 mi	Tall Trees, Flat 11, Westfield Street, Salford M7 4NG	£1,765	102	3	Flat
£180K	02/25	0.32 mi	Flat 11, Tall Trees, Westfield Street, Salford M7 4NG	-	-	3	Flat
£287K	12/23	0.32 mi	Penryn Court, Flat B, Singleton Road, Salford M7 4LL	£2,682	107	3	Flat
£403K	07/25	0.39 mi	Flat 9, Ingledene Court, Upper Park Road, Salford M7 4HY	-	-	3	Flat
£250K	11/22	0.78 mi	9, Crescent Grove, Prestwich, Manchester, Greater Manchester M25 9WR	£3,125	80	3	Flat
£262.8K	11/24	0.94 mi	3, Everside Drive, Manchester M8 8ES	£2,987	88	3	Flat
£262.8K	11/24	0.94 mi	3, Everside Drive, Manchester M8 8ES	-	-	3	Flat
£316.7K	02/25	0.96 mi	13, Furlong Way, Salford M6 6QR	£3,725	85	3	Flat
£150K	08/24	1.04 mi	12, Glenville Road, Manchester M8 8JD	£2,239	67	3	Flat
£150K	08/24	1.04 mi	12, Glenville Road, Manchester M8 8JD	-	-	3	Flat
£100K	07/24	1.06 mi	12, Abbotsfield Court, Manchester M8 0AW	-	-	3	Flat
£200K	01/23	1.16 mi	73, Waterloo Road, Manchester, Greater Manchester M8 8BY	£1,449	138	3	Flat
£220K	03/25	1.17 mi	44, Flat 2, Lord Street, Salford M7 1UB	£3,667	60	3	Flat
£220K	03/25	1.17 mi	Flat 2, 44, Lord Street, Salford M7 1UB	-	-	3	Flat
£122K	10/22	1.2 mi	Flat 4, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8ND	-	-	3	Flat
£268K	07/21	1.23 mi	79, Prestwich Hills, Prestwich, Manchester, Greater Manchester M25 9PY	£3,190	84	3	Flat
£209K	06/23	1.33 mi	Flat 14, Eagles Nest, Butterstile Lane, Prestwich, Manchester, Greater Manchester M25 9PP	-	-	3	Flat
£380K	08/22	1.41 mi	6, St Anns Close, Prestwich, Manchester, Greater Manchester M25 9LJ	£3,958	96	3	Flat
£367.5K	07/24	1.5 mi	15, The Coppice, Prestwich, Manchester, Greater Manchester M25 1ED	£3,435	107	3	Flat
£355K	09/24	1.5 mi	5, The Coppice, Prestwich, Manchester, Greater Manchester M25 1ED	£3,318	107	3	Flat
£270K	05/25	1.62 mi	140, Blackburn Street, Salford M3 6AS	£3,971	68	3	Flat
£166K	01/24	1.7 mi	47, Linen Court, Salford, Greater Manchester M3 6JG	£2,594	64	3	Flat
£135K	09/23	1.72 mi	44, Linen Court, Salford M3 6JG	£1,957	69	3	Flat
£208K	08/25	1.73 mi	Apartment 5, 1 Delta Point, Greengate West, Salford M3 7EJ	-	-	3	Flat
£177K	07/21	1.8 mi	34, Lockett Gardens, Salford, Greater Manchester M3 6BJ	-	-	3	Flat
£183K	03/25	1.82 mi	6, Brotherton Drive, Salford M3 6BH	£2,614	70	3	Flat
£235K	07/23	1.89 mi	25, Bevill Square, Salford, Greater Manchester M3 6BB	£3,219	73	3	Flat
£325K	06/25	1.98 mi	Flat 1, Model Lodging House, Bloom Street, Salford M3 6AJ	£3,066	106	3	Flat
£325K	06/25	1.98 mi	Flat 1, Model Lodging House, Bloom Street, Salford M3 6AJ	-	-	3	Flat
£155K	03/25	1.99 mi	138 Fresh, 609, Chapel Street, Salford M3 6DE	£2,870	54	3	Flat

Local Rents

50 rents from £795/mo to £2K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,050	05/24	0.1 mi	Grosvenor Court, Park Lane Salford M7	3	Flat
£1,050	07/24	0.1 mi	Grosvenor Court, Park Lane Salford M7	3	Flat
£1,250	04/25	0.21 mi	-	3	Terraced House
£1,650	07/24	0.22 mi	-	3	Flat
£1,665	12/24	0.22 mi	-	3	Flat
£1,650	12/24	0.22 mi	-	3	Flat
£1,750	03/25	0.22 mi	-	3	Flat
£1,650	09/25	0.22 mi	-	3	Flat
£1,650	06/24	0.22 mi	Regent Court, Salford, M7	3	Flat
£2,000	05/25	0.28 mi	Upper Park Road, Salford	3	Flat
£1,850	07/25	0.28 mi	Upper Park Road, Salford, M7	3	Flat
£1,595	11/25	0.3 mi	Kersal Crag, Salford	3	Semi-Detached House
£1,375	09/25	0.31 mi	-	3	Terraced House
£1,850	06/25	0.32 mi	Ethan House, Apt 2, 72 Upper Park Road	3	Flat
£1,850	03/24	0.32 mi	Ethan House, Apt 3, 72 Upper Park Road	3	Flat
£1,900	05/25	0.32 mi	72 Upper Park Road, Manchester, M7	3	Flat
£1,495	05/24	0.32 mi	Cavendish Road, Salford	3	Semi-Detached House
£1,250	10/25	0.36 mi	Brookside Drive, Salford	3	Semi-Detached House
£1,350	11/25	0.36 mi	-	3	Semi-Detached House
£1,350	11/25	0.36 mi	Brookside Drive, Salford, M7	3	Semi-Detached House
£1,500	09/25	0.39 mi	Brookside Drive, Manchester, Greater Manchester, M7	3	Semi-Detached House
£1,500	11/25	0.39 mi	Cavendish Road, Manchester, Greater Manchester, M7	3	Detached House
£1,400	04/25	0.41 mi	-	3	Semi-Detached House
£1,395	06/25	0.41 mi	The Courtyard, Salford, M7	3	House
£795	08/25	0.42 mi	Cadogan Place, Upper Park Road	3	Room
£1,400	09/25	0.46 mi	-	3	Semi-Detached House
£1,400	09/25	0.46 mi	York Avenue, Prestwich, Manchester, M25	3	Semi-Detached House
£1,350	06/24	0.46 mi	Catherine Road, Manchester, Greater Manchester, M8	3	Semi-Detached House
£1,250	05/24	0.47 mi	Sedgley Avenue	3	Semi-Detached House
£1,295	11/25	0.48 mi	-	3	Semi-Detached House
£1,350	10/25	0.48 mi	Ravens Close, Prestwich, Manchester	3	Semi-Detached House
£1,800	10/25	0.48 mi	Richmond Avenue, Prestwich, Manchester	3	Semi-Detached House
£1,150	06/25	0.49 mi	St Pauls Gardens, Sedgley Park M7 3EB	3	Flat
£1,600	05/24	0.5 mi	Richmond Avenue, Prestwich, Manchester	3	Detached House
£1,500	03/25	0.5 mi	-	3	Terraced House
£1,650	02/25	0.5 mi	-	3	Semi-Detached House
£825	07/25	0.5 mi	Bristol Street, Salford, Manchester	3	Terraced House
£1,400	07/25	0.51 mi	-	3	Flat
£1,400	07/25	0.51 mi	Vine Street, Salford, M7	3	Flat
£995	08/25	0.51 mi	Norwood Avenue, Salford	3	Semi-Detached House
£1,400	08/25	0.52 mi	-	3	Flat
£1,100	11/25	0.54 mi	Symons Street, Broughton, Salford, M7	3	Terraced House
£850	08/25	0.54 mi	Great Clowes Street, Salford	3	Room
£995	08/25	0.54 mi	Park Road, Crumpsall, Manchester	3	Semi-Detached House
£1,300	05/24	0.54 mi	Park Road, Manchester, M8	3	Detached House
£1,150	02/24	0.55 mi	-	3	Semi-Detached House
£1,300	07/25	0.55 mi	-	3	Terraced House
£1,495	11/24	0.55 mi	-	3	Semi-Detached House
£1,225	12/23	0.56 mi	-	3	Semi-Detached House
£1,350	06/25	0.56 mi	Castlemoor Avenue, Salford, M7	3	Semi-Detached House

Local Area Statistics

Population in M7	27,60127,601
Population in Salford	88,69788,697
Town centre distance	1.81 miles away1.81 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.90 miles away0.90 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+31%+31%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+43%+43%

Property History

Listed for £165,000

February 15, 2025

Floor Plans

Description

S&S Estates are pleased to bring this three bedroom ground floor ideally situated apartment to the property market.

Devonshire Court is an established & friendly development situated in the ever popular area of Salford, within easy reach of Manchester City Centre and Media City along with the motorway network, and close to schools, stores and Synagogues.

The property briefly comprises:

Welcome hall

Carpeted, fitted coat cupboards, access to bedrooms, kitchen and spacious lounge, intercom system

Master Bedroom - 4.02m * 3.27m

Carpeted, fitted wardrobes and rear facing

Bedroom two - 3.79m * 4.6m

Carpeted, rear facing and spacious

Bedroom three - 2.59m * 3.15m

Carpeted, front facing, good sized third bedroom. Boiler.

Bathroom

Two piece white bath and wash basin, tiled and overhead electric shower

Separate WC

Kitchen

Spacious kitchen, providing ample work space, two sinks, fitted oven and hob range. Rear facing

Lounge / Dining Room - 6.59m * 3.8m

A fabulous rear facing room providing ample dining and lounge space.

A garage is included in the sale of this apartment.

Early viewings are highly recommended, but please note, strictly through this office only.

TENURE: Leasehold.

NOTICE: Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs are provided for guidance only.

Tenure: Leasehold

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 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed Flat, Single Let, Salford, M7 4HU

£340,000

9 days ago • 68 m²

4 Bed Flat, Single Let, Salford, M7 4HU

£695,000

10 months ago • 237 m²

4 Bed House, Single Let, Salford, M7 4HU

£649,950

2 months ago • 129 m²