2 Bed Flat, Single Let, Salford, M7 4QX £135,000

Milton Court, Bury Old Road, Salford, M7 4QX - 1 views - 9 months ago

Sold STC

Leasehold

BTL

ROI: 2%

~84 m²

ValuationUndervalued

Sold Prices	£50K - £330K
Sold Prices/m²	£586/m² - £3.3K/m²

Square Metres	~84 m²
Price/m²	£1.6K/m²
Value Estimate	£161,667£161,667
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£33,750£33,750
Stamp Duty & Legal Fees	£8,150£8,150
Total Cash In	£41,900£41,900

Cash Out
Rent Range	£610 - £2,200£610 - £2,200
Rent Estimate	£651
Running Costs/mo	£572£572
Cashflow/mo	£79£79
Cashflow/yr	£947£947
ROI	2%2%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £50K to £330K, average is £140K. £586/m² to £3.3K/m², average is £1.9K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£190K	08/24	0.08 mi	151 Park Croft, 2, Bury Old Road, Salford M7 4QX	£2,262	84	2	Flat
£330K	04/25	0.12 mi	Flat 5, Waterpark Hall, Waterpark Road, Salford M7 4ZY	£3,267	101	2	Flat
£330K	04/25	0.12 mi	Flat 5, Waterpark Hall, Waterpark Road, Salford M7 4ZY	-	-	2	Flat
£50K	10/24	0.21 mi	82, Melton Road, Manchester M8 4HR	£943	53	2	Flat
£50K	10/24	0.21 mi	82, Melton Road, Manchester M8 4HR	-	-	2	Flat
£63K	07/24	0.22 mi	75, Melton Road, Manchester M8 4HR	£1,189	53	2	Flat
£63K	07/24	0.22 mi	75, Melton Road, Manchester M8 4HR	-	-	2	Flat
£295K	06/21	0.26 mi	Flat 2, Lakeside Court, Old Hall Road, Salford, Greater Manchester M7 4JJ	-	-	2	Flat
£152K	06/25	0.27 mi	Flat 10, Lynwood Court, Middleton Road, Manchester M8 4JX	£2,141	71	2	Flat
£152K	06/25	0.27 mi	Flat 10, Lynwood Court, Middleton Road, Manchester M8 4JX	-	-	2	Flat
£235K	07/24	0.28 mi	1a, Holland Road, Manchester M8 4WW	-	-	2	Flat
£143K	03/24	0.29 mi	Haversham Court, Flat 4, Middleton Road, Manchester, Greater Manchester M8 4JY	£2,072	69	2	Flat
£147.5K	12/24	0.29 mi	87 Lomond Lodge, 5, Middleton Road, Manchester M8 4JY	-	-	2	Flat
£147.5K	12/24	0.29 mi	5, 87 Lomond Lodge, Middleton Road, Manchester M8 4JY	-	-	2	Flat
£163K	07/23	0.3 mi	Flat 2, Haversham Court, Middleton Road, Manchester, Greater Manchester M8 4JY	-	-	2	Flat
£165K	06/24	0.33 mi	91 Haversham Court, 9, Middleton Road, Manchester M8 4JY	£2,391	69	2	Flat
£165K	06/24	0.33 mi	9, 91 Haversham Court, Middleton Road, Manchester M8 4JY	-	-	2	Flat
£120K	12/24	0.35 mi	Flat 16, Nada Lodge, St Mary's Hall Road, Manchester M8 5DZ	£1,905	63	2	Flat
£120K	12/24	0.35 mi	Flat 16, Nada Lodge, St Mary's Hall Road, Manchester M8 5DZ	-	-	2	Flat
£125K	07/21	0.39 mi	Flat 10, Holland Court, Holland Road, Manchester, Greater Manchester M8 4WP	-	-	2	Flat
£127K	09/24	0.4 mi	Hilltop Court, Flat 4, Brooklands Road, Crumpsall, Manchester, Greater Manchester M8 4JH	£1,740	73	2	Flat
£127K	09/24	0.42 mi	Flat 4, Hilltop Court, Brooklands Road, Crumpsall, Manchester M8 4JH	-	-	2	Flat
£190K	11/24	0.44 mi	56, Devonshire Court, Salford M7 4JT	£2,235	85	2	Flat
£105K	09/23	0.44 mi	10, Claythorpe Walk, Manchester, Greater Manchester M8 4JQ	£1,944	54	2	Flat
£215K	10/24	0.44 mi	9, Devonshire Court, Salford M7 4JT	£2,654	81	2	Flat
£141K	09/23	0.46 mi	Flat 15, Lovell Court, Middleton Road, Manchester, Greater Manchester M8 4LB	-	-	2	Flat
£230K	10/21	0.47 mi	Flat 20, Sommerville Court, Park Lane, Salford, Greater Manchester M7 4HU	-	-	2	Flat
£180K	12/24	0.49 mi	Tall Trees, Flat 16, Westfield Street, Salford, Greater Manchester M7 4NG	£2,727	66	2	Flat
£115K	06/21	0.5 mi	Flat 10, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG	-	-	2	Flat
£165K	11/22	0.5 mi	Flat 16, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG	-	-	2	Flat
£81K	09/21	0.5 mi	50, Bowker Bank Avenue, Crumpsall, Manchester, Greater Manchester M8 4LF	£1,141	71	2	Flat
£100K	04/24	0.51 mi	48, Bowker Bank Avenue, Manchester M8 4LF	£1,389	72	2	Flat
£145K	12/22	0.52 mi	Flat 18, Cavendish Court, Holden Road, Salford, Greater Manchester M7 4LW	-	-	2	Flat
£149K	11/23	0.52 mi	Flat 16, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL	-	-	2	Flat
£235K	09/24	0.56 mi	Eccleston Place, 9, Park Street, Salford M7 4NH	£2,733	86	2	Flat
£140K	08/24	0.66 mi	Riverview Court, Flat 8, Moorend Avenue, Salford M7 3NX	£1,818	77	2	Flat
£140K	08/23	0.66 mi	Flat 17, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX	-	-	2	Flat
£100K	09/23	0.66 mi	Flat 16, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX	-	-	2	Flat
£65K	01/25	0.71 mi	15, Cleveland Road, Manchester M8 4GS	£586	111	2	Flat
£142.5K	05/25	0.71 mi	Flat 18, The Mount, Vine Street, Salford M7 3NB	£2,591	55	2	Flat
£142.5K	05/25	0.71 mi	Flat 18, The Mount, Vine Street, Salford M7 3NB	-	-	2	Flat
£105K	09/24	0.75 mi	2 Brook Court, Flat 28, Moor Lane, Salford M7 3NF	£1,780	59	2	Flat
£120K	10/22	0.8 mi	76, Roch Bank, Manchester, Greater Manchester M9 8FL	£1,875	64	2	Flat
£120K	01/23	0.84 mi	3, Betula Grove, Salford, Greater Manchester M7 2AB	£1,905	63	2	Flat
£136.5K	10/21	0.84 mi	46, Mayfield Road, Salford, Greater Manchester M7 3WZ	£2,676	51	2	Flat
£80K	09/23	0.85 mi	Apartment 1202, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£77.5K	02/23	0.85 mi	Ground Floor Apartments G04, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£93K	08/23	0.85 mi	Apartment 1304, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU	-	-	2	Flat
£86K	06/25	0.85 mi	Apartment 601, City View, Highclere Avenue, Salford M7 4ZU	£1,384	62	2	Flat
£99K	03/25	0.85 mi	Apartment 404, City View, Highclere Avenue, Salford M7 4ZU	£1,597	62	2	Flat

Local Rents

50 rents from £610/mo to £2.2K/mo, average is £963/mo.

Rent	Date	Distance	Address	Beds	Type
£895	07/24	0 mi	Bury Old Road, Bristol Court, M7	2	Flat
£1,050	07/24	0 mi	Park Croft, 151 Bury Old Road	2	Flat
£950	10/25	0 mi	Ravenhurst, Bury Old Road, Salford	2	Flat
£895	06/25	0.03 mi	Bury Old Road, Salford	2	Flat
£950	05/25	0.03 mi	Bury Old Road, Salford	2	Flat
£1,000	07/24	0.03 mi	Milton Court, Bury Old Road, Salford, M7 4QX	2	Flat
£1,100	05/24	0.03 mi	-	2	Flat
£850	05/24	0.05 mi	Berkeley Court, Bury Old Road, Salford	2	Flat
£1,100	07/24	0.05 mi	Bury Old Road, Salford, M7	2	Flat
£998	08/25	0.05 mi	Bury Old Road, Salford, M7	2	Room
£795	08/24	0.05 mi	Park Lea Court, Upper Park Road	2	Flat
£750	08/25	0.06 mi	Upper Park Road, Salford, M7	2	Flat
£975	09/25	0.12 mi	-	2	Flat
£950	05/24	0.12 mi	Montpellier Mews, Waterpark Road, Salford	2	Flat
£1,200	08/25	0.13 mi	26 Melton Road, Manchester, M8	2	Flat
£610	08/25	0.13 mi	24 Melton Road, Manchester	2	Flat
£1,050	10/25	0.13 mi	Kensington Place, Melton Road, Manchester	2	Flat
£700	07/25	0.18 mi	6-8 Middleton Road, Greater Manchester, M8	2	Flat
£700	07/25	0.18 mi	Middleton Road, Greater Manchester, M8	2	Flat
£850	06/24	0.18 mi	Leicester Avenue, Salford, Greater Manchester, M7	2	Flat
£950	07/24	0.19 mi	Leicester Avenue, Salford, Greater Manchester, M7	2	Flat
£2,200	06/25	0.2 mi	-	2	Flat
£2,200	06/25	0.2 mi	-	2	Flat
£925	09/25	0.21 mi	Roston Road, Salford	2	Flat
£950	06/24	0.22 mi	Ravenhurst, Upper Park Road, Salford	2	Flat
£1,050	09/25	0.22 mi	Ravenhurst, Upper Park Road, Salford	2	Flat
£1,150	09/25	0.22 mi	Ravenhurst, Upper Park Road, Salford	2	Flat
£1,150	10/25	0.22 mi	Ravenhurst, Upper Park Road, Salford	2	Flat
£950	10/25	0.22 mi	Ravenhurst, Upper Park Road, Salford	2	Flat
£875	08/25	0.22 mi	62 Upper Park Road, Salford	2	Detached House
£850	05/24	0.22 mi	Leicester Avenue, Salford, Greater Manchester, M7	2	Flat
£695	08/25	0.22 mi	The Laurels, Polygon Road, Crumpsall	2	Flat
£1,095	05/24	0.23 mi	-	2	Flat
£1,195	06/24	0.23 mi	-	2	Flat
£1,095	06/24	0.23 mi	-	2	Flat
£1,100	06/24	0.23 mi	-	2	Flat
£1,095	02/25	0.23 mi	-	2	Flat
£995	08/25	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£1,195	05/24	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£1,095	05/24	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£625	08/25	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£695	07/25	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£1,095	05/24	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£1,095	05/24	0.23 mi	Polygon Road, Manchester, M8	2	Flat
£1,095	06/24	0.23 mi	-	2	Flat
£1,050	09/25	0.23 mi	Bury Old Road, Salford	2	Flat
£950	08/25	0.23 mi	Bury Old Road, Salford, Greater Manchester, M7	2	Flat
£895	08/25	0.25 mi	-	2	Flat
£750	07/25	0.27 mi	Singleton Road, Manchester, M7	2	Flat
£900	11/25	0.27 mi	-	2	Flat

Local Area Statistics

Population in M7	27,60127,601
Population in Salford	88,69788,697
Town centre distance	2.25 miles away2.25 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.46 miles away0.46 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 £135,000

February 15, 2025

Floor Plans

Description

S&S Estates are delighted to bring this fabulous ground floor two-bedroom spacious family apartment to the property market. Set amongst beautifully kept gardens and lawns, this development provides combined peaceful grounds with convenient access to local community amenities.
Milton Court is lovely well-kept development, centrally located & close to Cheetham Hill shopping village, schools, Synagogues and public transport links.

The property briefly comprises:

WELCOME HALLWAY
Two storage cabinets
Intercom
Open plan access to living / dining room

KITCHEN - 3.45m * 2.5m
White base units
Oven
Hob
Extractor fan
Overlooking rear of property

LIVING ROOM / LOUNGE - 5.2m * 3.6m
Laminate wood effect flooring
Access to gardens
Wall lighting fixtures
Spacious living area

BATHROOM
Fully tiled
Walk in shower
WC
Wash basin
Rear facing

MASTER BEDROOM - 4.3m * 3.4m
Large bright room with large windows
Fitted beech wood furniture
Carpeted

BEDROOM TWO - 3.4m * 2.5m
Fitted beech wood furniture
Large window
Carpeted

Gas Central Heating

Double glazed throughout

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 💪

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