2 Bed Flat, Single Let, Salford, M7 4QX £140,000

Milton Court, Bury Old Road, Salford, M7 4QX - 7 views - 9 months ago
Sold STC
Leasehold
BTL
ROI: 6%
~66 m²
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+5 photos

ValuationOvervalued

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

 

 

Square Metres

~66 m²
Price/m²£2.1K/m²

Value Estimate

£125,443

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£610 - £2,200

Rent Estimate

£850

Running Costs/mo

£628

Cashflow/mo

£223

Cashflow/yr

£2,670

ROI

6%

Gross Yield

7%

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
Beds
 
£190K08/240.08 mi151 Park Croft, 2, Bury Old Road, Salford M7 4QX2
£330K04/250.12 miFlat 5, Waterpark Hall, Waterpark Road, Salford M7 4ZY2
£330K04/250.12 miFlat 5, Waterpark Hall, Waterpark Road, Salford M7 4ZY2
£50K10/240.21 mi82, Melton Road, Manchester M8 4HR2
£50K10/240.21 mi82, Melton Road, Manchester M8 4HR2
£63K07/240.22 mi75, Melton Road, Manchester M8 4HR2
£63K07/240.22 mi75, Melton Road, Manchester M8 4HR2
£295K06/210.26 miFlat 2, Lakeside Court, Old Hall Road, Salford, Greater Manchester M7 4JJ2
£152K06/250.27 miFlat 10, Lynwood Court, Middleton Road, Manchester M8 4JX2
£152K06/250.27 miFlat 10, Lynwood Court, Middleton Road, Manchester M8 4JX2
£235K07/240.28 mi1a, Holland Road, Manchester M8 4WW2
£143K03/240.29 miHaversham Court, Flat 4, Middleton Road, Manchester, Greater Manchester M8 4JY2
£147.5K12/240.29 mi87 Lomond Lodge, 5, Middleton Road, Manchester M8 4JY2
£147.5K12/240.29 mi5, 87 Lomond Lodge, Middleton Road, Manchester M8 4JY2
£163K07/230.3 miFlat 2, Haversham Court, Middleton Road, Manchester, Greater Manchester M8 4JY2
£165K06/240.33 mi91 Haversham Court, 9, Middleton Road, Manchester M8 4JY2
£165K06/240.33 mi9, 91 Haversham Court, Middleton Road, Manchester M8 4JY2
£120K12/240.35 miFlat 16, Nada Lodge, St Mary's Hall Road, Manchester M8 5DZ2
£120K12/240.35 miFlat 16, Nada Lodge, St Mary's Hall Road, Manchester M8 5DZ2
£125K07/210.39 miFlat 10, Holland Court, Holland Road, Manchester, Greater Manchester M8 4WP2
£127K09/240.4 miHilltop Court, Flat 4, Brooklands Road, Crumpsall, Manchester, Greater Manchester M8 4JH2
£127K09/240.42 miFlat 4, Hilltop Court, Brooklands Road, Crumpsall, Manchester M8 4JH2
£190K11/240.44 mi56, Devonshire Court, Salford M7 4JT2
£105K09/230.44 mi10, Claythorpe Walk, Manchester, Greater Manchester M8 4JQ2
£215K10/240.44 mi9, Devonshire Court, Salford M7 4JT2
£141K09/230.46 miFlat 15, Lovell Court, Middleton Road, Manchester, Greater Manchester M8 4LB2
£230K10/210.47 miFlat 20, Sommerville Court, Park Lane, Salford, Greater Manchester M7 4HU2
£180K12/240.49 miTall Trees, Flat 16, Westfield Street, Salford, Greater Manchester M7 4NG2
£115K06/210.5 miFlat 10, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG2
£165K11/220.5 miFlat 16, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG2
£81K09/210.5 mi50, Bowker Bank Avenue, Crumpsall, Manchester, Greater Manchester M8 4LF2
£100K04/240.51 mi48, Bowker Bank Avenue, Manchester M8 4LF2
£145K12/220.52 miFlat 18, Cavendish Court, Holden Road, Salford, Greater Manchester M7 4LW2
£149K11/230.52 miFlat 16, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL2
£235K09/240.56 miEccleston Place, 9, Park Street, Salford M7 4NH2
£140K08/240.66 miRiverview Court, Flat 8, Moorend Avenue, Salford M7 3NX2
£140K08/230.66 miFlat 17, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX2
£100K09/230.66 miFlat 16, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX2
£65K01/250.71 mi15, Cleveland Road, Manchester M8 4GS2
£142.5K05/250.71 miFlat 18, The Mount, Vine Street, Salford M7 3NB2
£142.5K05/250.71 miFlat 18, The Mount, Vine Street, Salford M7 3NB2
£105K09/240.75 mi2 Brook Court, Flat 28, Moor Lane, Salford M7 3NF2
£120K10/220.8 mi76, Roch Bank, Manchester, Greater Manchester M9 8FL2
£120K01/230.84 mi3, Betula Grove, Salford, Greater Manchester M7 2AB2
£136.5K10/210.84 mi46, Mayfield Road, Salford, Greater Manchester M7 3WZ2
£80K09/230.85 miApartment 1202, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£77.5K02/230.85 miGround Floor Apartments G04, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£93K08/230.85 miApartment 1304, City View, Highclere Avenue, Salford, Greater Manchester M7 4ZU2
£86K06/250.85 miApartment 601, City View, Highclere Avenue, Salford M7 4ZU2
£99K03/250.85 miApartment 404, City View, Highclere Avenue, Salford M7 4ZU2

Local Rents

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

Rent
Date
Distance
Address
Beds
 
£89507/240 miBury Old Road, Bristol Court, M72
£1,05007/240 miPark Croft, 151 Bury Old Road2
£95010/250 miRavenhurst, Bury Old Road, Salford2
£89506/250.03 miBury Old Road, Salford2
£95005/250.03 miBury Old Road, Salford2
£1,00007/240.03 miMilton Court, Bury Old Road, Salford, M7 4QX2
£1,10005/240.03 mi-2
£85005/240.05 miBerkeley Court, Bury Old Road, Salford2
£1,10007/240.05 miBury Old Road, Salford, M72
£99808/250.05 miBury Old Road, Salford, M72
£79508/240.05 miPark Lea Court, Upper Park Road2
£75008/250.06 miUpper Park Road, Salford, M72
£97509/250.12 mi-2
£95005/240.12 miMontpellier Mews, Waterpark Road, Salford2
£1,20008/250.13 mi26 Melton Road, Manchester, M82
£61008/250.13 mi24 Melton Road, Manchester2
£1,05010/250.13 miKensington Place, Melton Road, Manchester2
£70007/250.18 mi6-8 Middleton Road, Greater Manchester, M82
£70007/250.18 miMiddleton Road, Greater Manchester, M82
£85006/240.18 miLeicester Avenue, Salford, Greater Manchester, M72
£95007/240.19 miLeicester Avenue, Salford, Greater Manchester, M72
£2,20006/250.2 mi-2
£2,20006/250.2 mi-2
£92509/250.21 miRoston Road, Salford2
£95006/240.22 miRavenhurst, Upper Park Road, Salford2
£1,05009/250.22 miRavenhurst, Upper Park Road, Salford2
£1,15009/250.22 miRavenhurst, Upper Park Road, Salford2
£1,15010/250.22 miRavenhurst, Upper Park Road, Salford2
£95010/250.22 miRavenhurst, Upper Park Road, Salford2
£87508/250.22 mi62 Upper Park Road, Salford2
£85005/240.22 miLeicester Avenue, Salford, Greater Manchester, M72
£69508/250.22 miThe Laurels, Polygon Road, Crumpsall2
£1,09505/240.23 mi-2
£1,19506/240.23 mi-2
£1,09506/240.23 mi-2
£1,10006/240.23 mi-2
£1,09502/250.23 mi-2
£99508/250.23 miPolygon Road, Manchester, M82
£1,19505/240.23 miPolygon Road, Manchester, M82
£1,09505/240.23 miPolygon Road, Manchester, M82
£62508/250.23 miPolygon Road, Manchester, M82
£69507/250.23 miPolygon Road, Manchester, M82
£1,09505/240.23 miPolygon Road, Manchester, M82
£1,09505/240.23 miPolygon Road, Manchester, M82
£1,09506/240.23 mi-2
£1,05009/250.23 miBury Old Road, Salford2
£95008/250.23 miBury Old Road, Salford, Greater Manchester, M72
£89508/250.25 mi-2
£75007/250.27 miSingleton Road, Manchester, M72
£90011/250.27 mi-2

Local Area Statistics

Population in M7

27,601

Population in Salford

88,697

Town centre distance

2.25 miles away

Nearest school

0.10 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+31%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £140,000

February 15, 2025

Floor Plans

Property image

Description

S&S Estates Property Group are delighted to bring this ideally situated second floor, two bedroom modern and beautifully presented family apartment to the property market. Designed, decorated and furnished to a high standard, this spacious property sits amongst beautifully lawned gardens and is ideally located just off Bury Old Road, Salford, placing it within easy reach of all community amenities such as schools, stores, grocery's and Synagogues, and within easy access to Prestwich Shopping village, Cheetham Hill Shopping Village, Manchester City Centre and Media City along with the main motorway network.

Milton Court is managed & maintained to a very high standard, with weekly internal cleaning, regular garden maintenance, a bespoke waste collection service, regular site inspections and is heavily compliant with all regulations, liabilities and annual risk assessments, ensuring the building and grounds are upheld & maintained, providing comfortable, safe and reliable living accommodations for its residents.

This particular property is pleasingly spacious and proudly boasts a cleverly designed eat in kitchen, spacious open plan lounge / diner, two great sized double bedrooms, one with fitted furniture, fantastic large floor to ceiling windows, modern bathroom and separate wc.

Please see accompanying photography and floorplans to fully appreciate this property's particulars and dimensions. Below is a necessarily brief break down of dimensions and details.

WELCOME HALLWAY

Carpeted landings, large windows overlooking central lawns and Intercom system.

HALLWAY - 6.1m

Spacious, wood effect laminate flooring, access to open plan living / diner and kitchen. Intercom. Two storage units.

OPEN PLAN LOUNGE / DINER - 5.2m * 3.75m

Large bright and airy, overlooking manicured lawns. Laminate flooring throughout, large floor to ceiling windows, balcony access, recessed lighting, feature shelving.

KITCHEN - 3.3m * 2.5m

A beautifully & cleverly designed modern kitchen, overlooking the rear of the property, providing ample work space, integrated fridge freezer, integrated washing machine, modern worktops and cabinetry, breakfast bar, two sinks and feature lighting.

MASTER BEDROOM - 4.3m * 3.4m

A spacious, bright and airy room, providing ample space, fitted furniture (3m), feature wall and recessed lighting.

BEDROOM TWO - 4.3m * 2.5m

An additional double bedroom, rear facing, carpeted with feature lighting and large floor to ceiling windows.

FAMILY BATHROOM

Modern, three piece with full sized bath, walk in shower and modern wash basin

SEPARATE WC

Fitted WC, tiled flooring, window, heated towel rail

The property further benefits from being double glazed throughout and having a fitted GCH system.

TENURE

Leasehold. 999 years from 1971. Buyers solicitors to verify details.

SERVICE CHARGES

A monthly service charge of £110 pcm applies. This covers day to day maintenance such as gardening, window cleaning, water bills, internal cleaning and general repairs, site inspections, risk assessments and insurances. A minimal ground rent of £15 p/a applies.

GARAGE

A garage is included in this sale.

VIEWINGS

Strictly by appointment with S&S Estates Property Group only:

VALUATION

Do you have a property to sell? We can provide you with a free, non-obligatory market appraisal. We operate on a NO SALE NO FEE basis. Give our office a call and find out the value of your property.

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 💪