2 Bed Terraced House, Single Let, Salford, M7 2GX, £179,000

Crossbank House, 300 Lower Broughton Road, Salford, Lancashire, M7 2GX - a month ago

Leasehold
BTL
ROI: 3%
~68 m²
+1 photos

ValuationOvervalued

Sold Prices£110K - £220K
Sold Prices/m²£1.3K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£174,460

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,750

Stamp Duty & Legal Fees

£11,230

Total Cash In

£55,980

 

 

Cash Out

 

Rent Range

£589 - £1,500

Rent Estimate

£891

Running Costs/mo

£758

Cashflow/mo

£133

Cashflow/yr

£1,601

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £220K, average is £166K. £1.3K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£192K01/230.1 mi14, Corinthian Avenue, Salford, Greater Manchester M7 2JN2
£157.5K05/210.1 mi16, Corinthian Avenue, Salford, Greater Manchester M7 2JN2
£152.5K01/210.17 mi7, Minoan Gardens, Salford, Greater Manchester M7 2JL2
£126K01/220.19 mi184, Cromwell Road, Salford, Greater Manchester M6 6DE2
£141.5K07/240.2 mi149, Seaford Road, Salford, Greater Manchester M6 6DD2
£120K10/210.21 mi27, Haddon Street, Salford, Greater Manchester M6 6BN2
£164K12/200.22 mi17, Athenian Gardens, Salford, Greater Manchester M7 1JR2
£110K01/240.23 mi156, Cromwell Road, Salford, Greater Manchester M6 6DE2
£172.5K11/230.24 mi2, Gosport Square, Salford, Greater Manchester M7 1LZ2
£134K06/230.3 mi33, Welford Street, Salford, Greater Manchester M6 6BB2
£110K07/230.3 mi13, Welford Street, Salford, Greater Manchester M6 6BB2
£155K07/240.32 mi87, Blandford Road, Salford, Greater Manchester M6 6BD2
£140K02/210.34 mi17, Littleton Road, Salford, Greater Manchester M6 6ED2
£175K08/210.39 mi86, Gerald Road, Salford, Greater Manchester M6 6DF2
£153K07/220.41 mi11, Orion Place, Salford, Greater Manchester M7 1WD2
£185K07/220.41 mi9, St Aidans Grove, Salford, Greater Manchester M7 3TN2
£125K08/210.42 mi41, Levens Street, Salford, Greater Manchester M6 6DY2
£146K10/230.42 mi19, Levens Street, Salford, Greater Manchester M6 6DY2
£110K10/230.43 mi33, Romney Street, Salford, Greater Manchester M6 6DG2
£166K03/230.43 mi21, Romney Street, Salford, Greater Manchester M6 6DG2
£140K06/230.43 mi20, Romney Street, Salford, Greater Manchester M6 6DG2
£220K12/220.44 mi145, Heath Avenue, Salford, Greater Manchester M7 1NY2
£170K11/210.44 mi12, Pentlands Avenue, Salford, Greater Manchester M7 2YG2
£130K03/230.5 mi19, Ukraine Road, Salford, Greater Manchester M7 3TE2
£195K11/230.64 mi24, Dixon Avenue, Salford, Greater Manchester M7 4RG2
£139.5K09/210.68 mi76, Velour Close, Salford, Greater Manchester M3 6AP2
£210K05/210.69 mi22, Velour Close, Salford, Greater Manchester M3 6AP2
£137K03/230.69 mi48, Velour Close, Salford, Greater Manchester M3 6AP2
£210K09/210.69 mi33, Velour Close, Salford, Greater Manchester M3 6AQ2
£130K09/210.7 mi43, Blackburn Street, Salford, Greater Manchester M3 6AS2
£210K09/210.71 mi33, Velour Close, Salford, Greater Manchester M3 6AQ2
£130K03/210.71 mi6, Auckland Drive, Salford, Greater Manchester M6 6HP2
£168K03/240.73 mi17, Owen Street, Salford, Greater Manchester M6 6RT2
£178.5K03/210.75 mi22, Evergreen Mews, Salford, Greater Manchester M7 2GU2
£175K02/230.76 mi19, Jameson Close, Manchester, Greater Manchester M8 8YJ2
£178K12/200.78 mi59, Calico Close, Salford, Greater Manchester M3 6AH2
£185K08/210.78 mi48, Angora Drive, Salford, Greater Manchester M3 6AR2
£185K08/210.78 mi48, Angora Drive, Salford, Greater Manchester M3 6AR2
£183K09/230.78 mi13, Bromshill Drive, Salford, Greater Manchester M7 4YT2
£178K12/200.78 mi59, Calico Close, Salford, Greater Manchester M3 6AH2
£166K03/210.79 mi31, Stonefield Drive, Manchester, Greater Manchester M8 8YH2
£140K11/220.79 mi3, Stonefield Drive, Manchester, Greater Manchester M8 8YH2
£220K01/230.8 mi19, Meadow Road, Salford, Greater Manchester M7 1PA2
£190K11/200.85 mi3, Kimberley Street, Salford, Greater Manchester M7 4AF2
£135K10/220.86 mi53, Waterloo Road, Manchester, Greater Manchester M8 8BY2
£200K11/220.93 mi48, Maurice Street, Salford, Greater Manchester M6 7DG2
£150K05/210.93 mi10, Maurice Street, Salford, Greater Manchester M6 7DG2
£197K09/230.93 mi14, Maurice Street, Salford, Greater Manchester M6 7DG2
£206K05/240.93 mi40, Maurice Street, Salford, Greater Manchester M6 7DG2
£195K04/230.94 mi79, Maurice Drive, Salford, Greater Manchester M6 7EE2

Local Rents

52 rents from £589/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,19506/240 miCrossbank House, 300 Lower Broughton, Salford, M72
£1,10005/240.01 miCrossbank, Salford2
£1,10003/240.01 miCrossbank, Salford2
£1,10003/240.01 miCrossbank, Salford2
£1,10003/240.01 miCrossbank, Salford2
£1,10005/240.01 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10005/240.01 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10005/240.01 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10007/240.03 mi-2
£99502/250.03 mi-2
£89507/240.03 mi-2
£95001/250.03 mi-2
£1,15005/240.05 miLower Broughton Road, Salford, Greater Manchester, M72
£1,20005/240.05 miLower Broughton Road, Salford, Greater Manchester, M72
£89006/240.06 mi-2
£89003/250.06 mi-2
£1,00007/240.07 miLower Broughton Road, Salford, Greater Manchester, M72
£99502/240.1 mi-2
£1,45002/250.13 mi-2
£1,39502/250.13 mi-2
£1,48003/250.14 mi-2
£99507/240.16 miGrecian Street, Salford2
£99506/240.19 miGrecian Street2
£99701/250.19 mi-2
£1,20005/240.21 mi-2
£1,50001/250.21 mi-2
£1,15012/240.24 mi-2
£1,40003/250.28 mi-2
£1,12705/240.31 mi4 Welford Street, Salford, M6 6BB2
£1,12705/240.31 mi32 Welford Street, Salford, M6 6BB2
£96001/250.31 mi-2
£1,00005/240.32 miDuke Street, Salford2
£1,00005/240.32 miDuke Street, Salford2
£1,05005/240.34 miBlandford Road, Salford, M62
£1,19505/240.35 miEmpyrean, Salford, M72
£1,20006/240.35 miHope Road, Salford, M62
£1,22505/240.36 miEmpyrean, Salford, M72
£1,19505/240.36 miEmpyrean, Salford, M7 1BQ2
£1,29507/240.36 miEmpyrean, Salford, M72
£1,10005/240.37 mi-2
£1,10003/250.37 mi-2
£95001/250.38 mi-2
£1,25003/240.38 miGreat Cheetham Street West, Salford, Greater Manchester, M72
£1,19505/240.38 miEmpyrean, Salford, M72
£1,27507/240.39 miThe Vibe, Salford2
£1,27508/240.39 miThe Vibe, Salford2
£97501/250.39 mi-2
£1,05003/250.4 mi-2
£1,10001/250.41 mi-2
£1,05003/240.41 miGreat Cheetham Street West, Salford, Greater Manchester, M72
£1,10005/240.41 miThe Vibe :: Salford2
£58905/240.41 miFor people aged 21 and over who are working: Camp Street, Salford, Greater Manchester, M72

Local Area Statistics

Population in M7

27,601

Population in Salford

88,697

Town centre distance

1.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Price changed to £179,000

March 8, 2025

Listed for £185,000

February 25, 2025

Floor Plans

Description

  • Close to public transport +
  • Shops and amenities nearby +
  • 2 bedroom and 2 bathroom +
  • Floor-to-ceiling windows +

This contemporary two bedroom apartment offers the perfect blend of style, comfort, and convenience. Situated in the sought after Crossbank development, it boasts a prime location on the east bank of the River Irwell, just moments from Salford University and within easy reach of Manchester City Centre.

Designed with modern living in mind, the apartment features an open plan layout that maximizes space and natural light. The sleek kitchen is fully fitted with integrated appliances, seamlessly connecting to the reception area, which is enhanced by floor to ceiling windows offering picturesque river views.

Both bedrooms are generously sized, with the master benefiting from an ensuite for added privacy. A well appointed main bathroom, with contemporary fixtures serves the second bedroom and guests.

Residents enjoy exclusive benefits such as private terraces, secure parking, and high end finishes With excellent transport links providing direct access to the city in under 10 minutes and a thriving rental market, this property presents an outstanding opportunity for investors, first time buyers, and professionals alike.

Don't miss the chance to own a stylish riverside home in one of Salford’s most dynamic locations! Contact us today to arrange a viewing.

Agent Details

EGRE, London

020 3667 9312

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪