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2 Bed Flat, Single Let, Salford, M7 4JZ £130,000



ValuationUndervalued
| Sold Prices | £50K - £330K |
| Sold Prices/m² | £943/m² - £3.3K/m² |
| |
Square Metres | 72 m² |
| Price/m² | £1.8K/m² |
Value Estimate | £160,941£160,941 |
| BMV | 24% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £32,500£32,500 |
Stamp Duty & Legal Fees | £7,800£7,800 |
Total Cash In | £40,300£40,300 |
| |
Cash Out | |
Rent Range | £650 - £2,100£650 - £2,100 |
Rent Estimate | £795 |
Running Costs/mo | £585£585 |
Cashflow/mo | £210£210 |
Cashflow/yr | £2,517£2,517 |
ROI | 6%6% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £50K to £330K, average is £142.8K. £943/m² to £3.3K/m², average is £2.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £230K | 10/21 | 0.04 mi | Flat 20, Sommerville Court, Park Lane, Salford, Greater Manchester M7 4HU | - | - | 2 | Flat | ||
| £190K | 11/24 | 0.08 mi | 56, Devonshire Court, Salford M7 4JT | £2,235 | 85 | 2 | Flat | ||
| £235K | 09/24 | 0.11 mi | Eccleston Place, 9, Park Street, Salford M7 4NH | £2,733 | 86 | 2 | Flat | ||
| £215K | 10/24 | 0.11 mi | 9, Devonshire Court, Salford M7 4JT | £2,654 | 81 | 2 | Flat | ||
| £149K | 11/23 | 0.18 mi | Flat 16, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL | - | - | 2 | Flat | ||
| £115K | 06/21 | 0.19 mi | Flat 10, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG | - | - | 2 | Flat | ||
| £295K | 06/21 | 0.19 mi | Flat 2, Lakeside Court, Old Hall Road, Salford, Greater Manchester M7 4JJ | - | - | 2 | Flat | ||
| £165K | 11/22 | 0.19 mi | Flat 16, Tall Trees, Westfield Street, Salford, Greater Manchester M7 4NG | - | - | 2 | Flat | ||
| £145K | 12/22 | 0.2 mi | Flat 18, Cavendish Court, Holden Road, Salford, Greater Manchester M7 4LW | - | - | 2 | Flat | ||
| £140K | 08/24 | 0.21 mi | Riverview Court, Flat 8, Moorend Avenue, Salford M7 3NX | £1,818 | 77 | 2 | Flat | ||
| £140K | 08/23 | 0.22 mi | Flat 17, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX | - | - | 2 | Flat | ||
| £100K | 09/23 | 0.22 mi | Flat 16, Riverview Court, Moor End Avenue, Salford, Greater Manchester M7 3NX | - | - | 2 | Flat | ||
| £180K | 12/24 | 0.22 mi | Tall Trees, Flat 16, Westfield Street, Salford, Greater Manchester M7 4NG | £2,727 | 66 | 2 | Flat | ||
| £142.5K | 05/25 | 0.28 mi | Flat 18, The Mount, Vine Street, Salford M7 3NB | £2,591 | 55 | 2 | Flat | ||
| £142.5K | 05/25 | 0.28 mi | Flat 18, The Mount, Vine Street, Salford M7 3NB | - | - | 2 | Flat | ||
| £330K | 04/25 | 0.33 mi | Flat 5, Waterpark Hall, Waterpark Road, Salford M7 4ZY | £3,267 | 101 | 2 | Flat | ||
| £330K | 04/25 | 0.33 mi | Flat 5, Waterpark Hall, Waterpark Road, Salford M7 4ZY | - | - | 2 | Flat | ||
| £105K | 09/24 | 0.34 mi | 2 Brook Court, Flat 28, Moor Lane, Salford M7 3NF | £1,780 | 59 | 2 | Flat | ||
| £190K | 08/24 | 0.4 mi | 151 Park Croft, 2, Bury Old Road, Salford M7 4QX | £2,262 | 84 | 2 | Flat | ||
| £150K | 06/21 | 0.46 mi | Flat 2, Norwood Lodge, Vine Street, Salford, Greater Manchester M7 3PB | - | - | 2 | Flat | ||
| £136.5K | 10/21 | 0.46 mi | 46, Mayfield Road, Salford, Greater Manchester M7 3WZ | £2,676 | 51 | 2 | Flat | ||
| £120K | 01/23 | 0.6 mi | 3, Betula Grove, Salford, Greater Manchester M7 2AB | £1,905 | 63 | 2 | Flat | ||
| £50K | 10/24 | 0.64 mi | 82, Melton Road, Manchester M8 4HR | £943 | 53 | 2 | Flat | ||
| £50K | 10/24 | 0.64 mi | 82, Melton Road, Manchester M8 4HR | - | - | 2 | Flat | ||
| £63K | 07/24 | 0.64 mi | 75, Melton Road, Manchester M8 4HR | £1,189 | 53 | 2 | Flat | ||
| £63K | 07/24 | 0.64 mi | 75, Melton Road, Manchester M8 4HR | - | - | 2 | Flat | ||
| £143K | 03/24 | 0.68 mi | Haversham Court, Flat 4, Middleton Road, Manchester, Greater Manchester M8 4JY | £2,072 | 69 | 2 | Flat | ||
| £147.5K | 12/24 | 0.68 mi | 87 Lomond Lodge, 5, Middleton Road, Manchester M8 4JY | - | - | 2 | Flat | ||
| £147.5K | 12/24 | 0.68 mi | 5, 87 Lomond Lodge, Middleton Road, Manchester M8 4JY | - | - | 2 | Flat | ||
| £163K | 07/23 | 0.69 mi | Flat 2, Haversham Court, Middleton Road, Manchester, Greater Manchester M8 4JY | - | - | 2 | Flat | ||
| £152K | 06/25 | 0.69 mi | Flat 10, Lynwood Court, Middleton Road, Manchester M8 4JX | £2,141 | 71 | 2 | Flat | ||
| £152K | 06/25 | 0.69 mi | Flat 10, Lynwood Court, Middleton Road, Manchester M8 4JX | - | - | 2 | Flat | ||
| £215K | 09/21 | 0.69 mi | Flat 5, Woodcliffe Lodge, Sedgley Park Road, Prestwich, Manchester, Greater Manchester M25 0JX | - | - | 2 | Flat | ||
| £83K | 10/24 | 0.7 mi | Tilehurst Court, Flat 14, Kersal Way, Salford M7 3ST | £1,221 | 68 | 2 | Flat | ||
| £91K | 10/24 | 0.7 mi | Tilehurst Court, Flat 28, Kersal Way, Salford M7 3ST | £1,492 | 61 | 2 | Flat | ||
| £72K | 06/25 | 0.7 mi | Flat 1, Tilehurst Court, Kersal Way, Salford M7 3ST | - | - | 2 | Flat | ||
| £90K | 10/23 | 0.7 mi | Tilehurst Court, Flat 61, Kersal Way, Salford M7 3ST | £1,525 | 59 | 2 | Flat | ||
| £105K | 07/23 | 0.7 mi | Flat 71, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST | - | - | 2 | Flat | ||
| £72K | 11/21 | 0.7 mi | Flat 53, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST | - | - | 2 | Flat | ||
| £69.5K | 03/24 | 0.7 mi | Tilehurst Court, Flat 70, Kersal Way, Salford, Greater Manchester M7 3ST | £1,086 | 64 | 2 | Flat | ||
| £165K | 06/24 | 0.71 mi | 91 Haversham Court, 9, Middleton Road, Manchester M8 4JY | £2,391 | 69 | 2 | Flat | ||
| £165K | 06/24 | 0.71 mi | 9, 91 Haversham Court, Middleton Road, Manchester M8 4JY | - | - | 2 | Flat | ||
| £235K | 07/24 | 0.72 mi | 1a, Holland Road, Manchester M8 4WW | - | - | 2 | Flat | ||
| £158K | 04/25 | 0.72 mi | Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ | £2,394 | 66 | 2 | Flat | ||
| £158K | 04/25 | 0.72 mi | Flat 5, Epsom Mews, Bury New Road, Salford M7 2BZ | - | - | 2 | Flat | ||
| £120K | 05/23 | 0.74 mi | 36, Crescent Avenue, Prestwich, Manchester, Greater Manchester M25 9NU | £2,353 | 51 | 2 | Flat | ||
| £127K | 09/24 | 0.74 mi | Hilltop Court, Flat 4, Brooklands Road, Crumpsall, Manchester, Greater Manchester M8 4JH | £1,740 | 73 | 2 | Flat | ||
| £135K | 12/24 | 0.74 mi | 218 Lever Court, 37, Moor Lane, Salford M7 3HG | £2,250 | 60 | 2 | Flat | ||
| £105K | 09/23 | 0.75 mi | 10, Claythorpe Walk, Manchester, Greater Manchester M8 4JQ | £1,944 | 54 | 2 | Flat | ||
| £113K | 03/23 | 0.75 mi | Flat 8, Heath View, Kellbrook Crescent, Salford, Greater Manchester M7 3GH | - | - | 2 | Flat |
Local Rents
50 rents from £650/mo to £2.1K/mo, average is £950/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,175 | 09/25 | 0.1 mi | Devonshire Court, New Hall Road, Salford | 2 | Flat | ||
| £1,750 | 07/24 | 0.12 mi | Singleton Road, Salford | 2 | Bungalow | ||
| £1,750 | 06/25 | 0.12 mi | Singleton Road, Salford | 2 | Bungalow | ||
| £995 | 08/25 | 0.13 mi | Kingston Close, Salford | 2 | Flat | ||
| £1,150 | 09/25 | 0.13 mi | Kingston Close, Salford | 2 | Flat | ||
| £750 | 07/25 | 0.25 mi | Singleton Road, Manchester, M7 | 2 | Flat | ||
| £850 | 05/24 | 0.25 mi | Cavendish Road, Salford, Greater Manchester, M7 | 2 | Flat | ||
| £950 | 06/24 | 0.27 mi | Ravenhurst, Upper Park Road, Salford | 2 | Flat | ||
| £1,050 | 09/25 | 0.27 mi | Ravenhurst, Upper Park Road, Salford | 2 | Flat | ||
| £1,150 | 09/25 | 0.27 mi | Ravenhurst, Upper Park Road, Salford | 2 | Flat | ||
| £1,150 | 10/25 | 0.27 mi | Ravenhurst, Upper Park Road, Salford | 2 | Flat | ||
| £950 | 10/25 | 0.27 mi | Ravenhurst, Upper Park Road, Salford | 2 | Flat | ||
| £2,100 | 01/25 | 0.27 mi | - | 2 | Flat | ||
| £1,950 | 03/25 | 0.27 mi | - | 2 | Flat | ||
| £875 | 08/25 | 0.27 mi | 62 Upper Park Road, Salford | 2 | Detached House | ||
| £950 | 01/24 | 0.28 mi | - | 2 | Flat | ||
| £1,000 | 05/24 | 0.28 mi | - | 2 | Flat | ||
| £875 | 05/24 | 0.28 mi | - | 2 | Flat | ||
| £950 | 10/25 | 0.28 mi | - | 2 | Flat | ||
| £975 | 11/25 | 0.28 mi | - | 2 | Flat | ||
| £950 | 10/25 | 0.28 mi | The Mount, Salford, M7 | 2 | Flat | ||
| £1,100 | 10/25 | 0.28 mi | - | 2 | Flat | ||
| £925 | 11/25 | 0.28 mi | - | 2 | Flat | ||
| £925 | 11/25 | 0.28 mi | The Mount, Salford, M7 | 2 | Flat | ||
| £1,850 | 06/25 | 0.28 mi | Carmona Court, Cavendish Road, Salford, M7 | 2 | Flat | ||
| £1,850 | 08/25 | 0.28 mi | Cavendish Road, 37 Cavendish Road, M7 | 2 | Flat | ||
| £950 | 07/25 | 0.3 mi | Vine Street, Salford, M7 | 2 | Flat | ||
| £795 | 05/24 | 0.3 mi | - | 2 | Flat | ||
| £850 | 08/24 | 0.3 mi | - | 2 | Flat | ||
| £1,300 | 09/25 | 0.3 mi | Vine St, Manchester, M7 | 2 | Flat | ||
| £1,300 | 10/25 | 0.3 mi | - | 2 | Flat | ||
| £975 | 03/25 | 0.31 mi | - | 2 | Flat | ||
| £1,150 | 05/25 | 0.31 mi | - | 2 | Flat | ||
| £950 | 05/24 | 0.32 mi | Montpellier Mews, Waterpark Road, Salford | 2 | Flat | ||
| £650 | 08/25 | 0.33 mi | Moorhill Court, Salford, M7 | 2 | Flat | ||
| £995 | 01/24 | 0.34 mi | - | 2 | Flat | ||
| £1,050 | 04/25 | 0.34 mi | - | 2 | Flat | ||
| £925 | 11/25 | 0.34 mi | - | 2 | Flat | ||
| £895 | 08/25 | 0.38 mi | St Pauls Rise, St Pauls Road, Salford | 2 | Flat | ||
| £900 | 08/25 | 0.39 mi | Moorside Road, Salford, M7 | 2 | Flat | ||
| £795 | 08/24 | 0.39 mi | Park Lea Court, Upper Park Road | 2 | Flat | ||
| £850 | 05/24 | 0.4 mi | St. Pauls Road, Salford, M7 | 2 | Flat | ||
| £895 | 10/25 | 0.4 mi | St. Pauls Road, St. Pauls Rise, M7 | 2 | Flat | ||
| £750 | 08/25 | 0.4 mi | Upper Park Road, Salford, M7 | 2 | Flat | ||
| £1,200 | 08/25 | 0.4 mi | 8-10 St Pauls Road, Salford, M7 | 2 | Flat | ||
| £795 | 10/25 | 0.4 mi | St. Pauls Rise, Salford, Greater Manchester, M7 | 2 | Flat | ||
| £795 | 10/25 | 0.4 mi | St. Pauls Rise, Salford, Greater Manchester, M7 | 2 | Flat | ||
| £925 | 09/25 | 0.42 mi | Roston Road, Salford | 2 | Flat | ||
| £975 | 09/25 | 0.42 mi | - | 2 | Flat | ||
| £1,050 | 07/24 | 0.45 mi | Park Croft, 151 Bury Old Road | 2 | Flat |
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 | 0.91 miles away0.91 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 £130,000
February 15, 2025
Floor Plans
Description
S&S Estates Property Group are pleased to offer to the property market this spacious freshly decorated two bedroom apartment in the heart of Salford, within easy reach of Manchester City Centre and Media City along with the motorway network & close to all local community amenities such as stores, schools and places of Worship.
LOCATION:
A prime residential location, discreetly yet conveniently situated, Grosvenor Court can be reached via Bury New Road / Park Lane gaining immediate accessibility to all local amenities.
This second floor apartment has recently undergone a refurbishment including being fully repainted, fully re-floored and new lighting added.
The apartment briefly comprises:
COMMUNAL HALLWAY
Spacious, carpeted stairway, bright and welcoming
ENTRANCE
A bright and airy sky-light hallway, providing access to bedrooms, lounge / diner and bathrooms. Intercom and carpeted. Convenient storage units.
MASTER BEDROOM - 4.3m * 3.7m
Larger than average room, bright and spacious, carpeted, double glazed.
BEDROOM TWO - 2.9m * 3m
An additional good sized bedroom, rear facing, carpeted, double glazed
FAMILY BATHROOM
Good sized family bathroom, over head shower, glass shower screen, wash basin, frosted window, heated towel rail and double shaver point. New flooring.
WC
Separate from the bathroom for added convenience. Frosted window.
KITCHEN
A great sized kosher kitchen, two sinks, amply work and storage space, a range of base and wall units. Washing machine
LOUNGE / DINER - 5.4m * 3.8m
A bright and spacious dining room, with large floor to ceiling windows, balcony over looking rear of property, carpeted, wall and ceiling lights and access to the kitchen.
OTHER
Double glazed throughout
Electric heating system
Please see accompanying floor plans and pictures to fully appreciate this lovely spacious, yet cosy apartment.
GARAGE
A watertight garage is included in this sale.
TENURE
Leasehold 999 years from 25th December 1960. Ground rent £7.50 p.a.
SERVICE CHARGE
A monthly service charge of £120 pcm applies. [Solicitors to verify] This covers day to day maintenance such as gardening, window cleaning, internal cleaning and general repairs, site inspections, risk assessments and insurances
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.
Council Tax Band: C
Tenure: Leasehold
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