3 Bed Flat, Single Let, Salford, M7 4JT £180,000

Devonshire Court, New Hall Road, Salford, M7 4JT - 3 views - 9 months ago

Sold STC

Leasehold

BTL

ROI: 5%

~93 m²

ValuationUndervalued

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

Square Metres	~93 m²
Price/m²	£1.9K/m²
Value Estimate	£219,600£219,600
BMV	22%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£45,000£45,000
Stamp Duty & Legal Fees	£11,300£11,300
Total Cash In	£56,300£56,300

Cash Out
Rent Range	£795 - £2,000£795 - £2,000
Rent Estimate	£1,050
Running Costs/mo	£793£793
Cashflow/mo	£258£258
Cashflow/yr	£3,090£3,090
ROI	5%5%
Gross Yield	7%7%

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	0.15 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	0.33 mi	Penryn Court, Flat B, Singleton Road, Salford M7 4LL	£2,682	107	3	Flat
£403K	07/25	0.4 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	1.07 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	1.21 mi	Flat 4, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8ND	-	-	3	Flat
£268K	07/21	1.22 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	1.49 mi	15, The Coppice, Prestwich, Manchester, Greater Manchester M25 1ED	£3,435	107	3	Flat
£355K	09/24	1.49 mi	5, The Coppice, Prestwich, Manchester, Greater Manchester M25 1ED	£3,318	107	3	Flat
£270K	05/25	1.61 mi	140, Blackburn Street, Salford M3 6AS	£3,971	68	3	Flat
£166K	01/24	1.69 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	0.09 mi	Grosvenor Court, Park Lane Salford M7	3	Flat
£1,050	07/24	0.09 mi	Grosvenor Court, Park Lane Salford M7	3	Flat
£1,250	04/25	0.2 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
£1,595	11/25	0.29 mi	Kersal Crag, Salford	3	Semi-Detached House
£2,000	05/25	0.29 mi	Upper Park Road, Salford	3	Flat
£1,850	07/25	0.29 mi	Upper Park Road, Salford, M7	3	Flat
£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
£1,495	05/24	0.32 mi	Cavendish Road, Salford	3	Semi-Detached House
£1,900	05/25	0.33 mi	72 Upper Park Road, Manchester, M7	3	Flat
£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	11/25	0.38 mi	Cavendish Road, Manchester, Greater Manchester, M7	3	Detached House
£1,500	09/25	0.39 mi	Brookside Drive, Manchester, Greater Manchester, M7	3	Semi-Detached House
£1,395	06/25	0.4 mi	The Courtyard, Salford, M7	3	House
£1,400	04/25	0.41 mi	-	3	Semi-Detached House
£795	08/25	0.43 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	0.47 mi	Catherine Road, Manchester, Greater Manchester, M8	3	Semi-Detached House
£1,250	05/24	0.47 mi	Sedgley Avenue	3	Semi-Detached House
£1,150	06/25	0.48 mi	St Pauls Gardens, Sedgley Park M7 3EB	3	Flat
£1,295	11/25	0.48 mi	-	3	Semi-Detached House
£1,800	10/25	0.48 mi	Richmond Avenue, Prestwich, Manchester	3	Semi-Detached House
£1,350	10/25	0.49 mi	Ravens Close, Prestwich, Manchester	3	Semi-Detached House
£1,600	05/24	0.49 mi	Richmond Avenue, Prestwich, Manchester	3	Detached House
£1,400	07/25	0.49 mi	-	3	Flat
£1,400	07/25	0.49 mi	Vine Street, Salford, M7	3	Flat
£1,500	03/25	0.5 mi	-	3	Terraced House
£1,650	02/25	0.5 mi	-	3	Semi-Detached House
£995	08/25	0.5 mi	Norwood Avenue, Salford	3	Semi-Detached House
£1,400	08/25	0.51 mi	-	3	Flat
£825	07/25	0.51 mi	Bristol Street, Salford, Manchester	3	Terraced House
£850	08/25	0.53 mi	Great Clowes Street, Salford	3	Room
£1,495	11/24	0.54 mi	-	3	Semi-Detached House
£1,100	11/25	0.54 mi	Symons Street, Broughton, Salford, M7	3	Terraced House
£1,225	12/23	0.54 mi	-	3	Semi-Detached House
£1,295	08/25	0.54 mi	-	3	Semi-Detached House
£1,350	06/25	0.54 mi	Castlemoor Avenue, Salford, M7	3	Semi-Detached House
£1,295	07/25	0.54 mi	Castlemoor Avenue, Salford, M7	3	Semi-Detached House
£1,295	08/25	0.54 mi	Castlemoor Avenue, Salford, M7	3	Semi-Detached House
£1,150	02/24	0.54 mi	-	3	Semi-Detached House

Local Area Statistics

Population in M7	27,60127,601
Population in Salford	88,69788,697
Town centre distance	1.80 miles away1.80 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 £180,000

February 15, 2025

Floor Plans

Description

LIFT ASSISTED +
Three Bedrooms +
Broughton Park Location +
First Floor Flat +
Spacious throughout +

S&S Estates Property Group are pleased to offer this enviably positioned, spacious, and well presented three bedroom first floor apartment, positioned in the heart of Broughton Park, and within immediate access to all local amenities. The property further benefits from GCH and double glazing, two balconies, on-site parking, three spacious bedrooms, large lounge / diner providing ample living and dining space, fitted kitchen, family bathroom and separate WC. Lift assisted and set on well maintained grounds.

LOCATION

Devonshire Court occupies a prominent position in the heart of Broughton Park, located within meters of Clowes Park, and providing immediate access to local stores, schools, Places of Worship and transport links.

On site Parking

A garage is included in this sale

Early viewings are strongly advised, strictly through this office.

TENURE

Leasehold. Details to be confirmed.

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.

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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