2 Bed Terraced House, Cash/Bridging Only, Salford, M5 5FW, £70,000





ValuationFair Value
Sold Prices | £75K - £230K |
Sold Prices/m² | £1.1K/m² - £3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1K/m² |
Value Estimate | £70,000£70,000 |
| |
End Value (After Refurb) | £142,523£142,523 |
Uplift in Value | +104%+104% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £17,500£17,500 |
Stamp Duty & Legal Fees | £4,700£4,700 |
Refurb Costs | £28,876£28,876 |
Bridging Loan Interest | £1,838£1,838 |
Total Cash In | £54,664£54,664 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £142,523£142,523 |
Agent Fees (1%) | £1,425£1,425 |
Bridging Loan | £52,500£52,500 |
Bridging Loan Interest | £1,838£1,838 |
Flip Profit | £33,934£33,934 |
Local Sold Prices
50 sold prices from £75K to £230K, average is £168.5K. £1.1K/m² to £3K/m², average is £2.1K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£136K | 04/21 | 0.04 mi | 270, Weaste Lane, Salford, Greater Manchester M5 5HW | - | - | 2 | Terraced House | |
£178K | 12/22 | 0.04 mi | 274, Weaste Lane, Salford, Greater Manchester M5 5HW | £2,094 | 85 | 2 | Terraced House | |
£170K | 11/21 | 0.06 mi | 1, Wellington Terrace, Salford, Greater Manchester M5 5HR | £1,932 | 88 | 2 | Terraced House | |
£160K | 03/21 | 0.08 mi | 1, Milton Avenue, Salford, Greater Manchester M5 5HG | - | - | 2 | Terraced House | |
£150K | 09/21 | 0.11 mi | 9, Emerson Street, Salford, Greater Manchester M5 5HZ | - | - | 2 | Semi-Detached House | |
£180K | 06/23 | 0.11 mi | 21, Emerson Street, Salford, Greater Manchester M5 5HZ | £2,432 | 74 | 2 | Terraced House | |
£158K | 09/22 | 0.13 mi | 8, Kingsford Street, Salford, Greater Manchester M5 5HX | £2,431 | 65 | 2 | Terraced House | |
£128K | 08/23 | 0.14 mi | 61, Kennedy Road, Salford, Greater Manchester M5 5ET | £1,524 | 84 | 2 | Terraced House | |
£170K | 04/24 | 0.18 mi | 11, Buckingham Avenue, Salford, Greater Manchester M6 5RD | - | - | 2 | Terraced House | |
£132K | 03/21 | 0.18 mi | 7, Glendore, Salford, Greater Manchester M5 5EY | £1,610 | 82 | 2 | Terraced House | |
£156K | 03/21 | 0.19 mi | 9, Church Avenue, Salford, Greater Manchester M6 5RB | - | - | 2 | Terraced House | |
£120K | 09/23 | 0.2 mi | 41, Humber Street, Salford, Greater Manchester M50 1EB | - | - | 2 | Terraced House | |
£165K | 06/21 | 0.22 mi | 18, Martin Street, Salford, Greater Manchester M5 5JZ | £1,919 | 86 | 2 | Terraced House | |
£136K | 01/21 | 0.22 mi | 26, Martin Street, Salford, Greater Manchester M5 5JZ | £1,581 | 86 | 2 | Terraced House | |
£186K | 06/23 | 0.22 mi | 30, Martin Street, Salford, Greater Manchester M5 5JZ | £2,241 | 83 | 2 | Terraced House | |
£136K | 01/21 | 0.22 mi | 26, Martin Street, Salford, Greater Manchester M5 5JZ | £1,581 | 86 | 2 | Terraced House | |
£185K | 09/23 | 0.23 mi | 14, Derby Avenue, Salford, Greater Manchester M6 5FZ | £2,256 | 82 | 2 | Terraced House | |
£187.5K | 06/23 | 0.23 mi | 84, Chandos Grove, Salford, Greater Manchester M5 5LJ | - | - | 2 | Terraced House | |
£188K | 06/21 | 0.24 mi | 12, The Mead, Salford, Greater Manchester M5 5LL | - | - | 2 | Semi-Detached House | |
£173K | 08/22 | 0.24 mi | 5, The Mead, Salford, Greater Manchester M5 5LL | - | - | 2 | Semi-Detached House | |
£207K | 08/22 | 0.24 mi | 4, The Mead, Salford, Greater Manchester M5 5LL | £2,957 | 70 | 2 | Semi-Detached House | |
£207K | 08/22 | 0.25 mi | 26, The Mead, Salford, Greater Manchester M5 5LL | - | - | 2 | Semi-Detached House | |
£180.5K | 07/22 | 0.27 mi | 2, Kerrera Drive, Salford, Greater Manchester M5 5BZ | - | - | 2 | Terraced House | |
£165K | 10/21 | 0.28 mi | 2a, Lostock Road, Salford, Greater Manchester M5 5LH | - | - | 2 | Terraced House | |
£200K | 03/22 | 0.29 mi | 2, Lostock Road, Salford, Greater Manchester M5 5LH | £2,667 | 75 | 2 | Semi-Detached House | |
£180K | 05/24 | 0.32 mi | 9, Wythburn Street, Salford, Greater Manchester M6 5LB | £2,687 | 67 | 2 | Terraced House | |
£127K | 11/20 | 0.33 mi | 11, Orrel Street, Salford, Greater Manchester M6 5TD | £1,868 | 68 | 2 | Terraced House | |
£100K | 04/24 | 0.33 mi | 14, Lyndhurst Street, Salford, Greater Manchester M6 5YB | £1,471 | 68 | 2 | Terraced House | |
£135K | 02/21 | 0.33 mi | 33, Lyndhurst Street, Salford, Greater Manchester M6 5YB | £1,875 | 72 | 2 | Terraced House | |
£186K | 02/24 | 0.35 mi | 13, Southbourne Street, Salford, Greater Manchester M6 5GX | £2,214 | 84 | 2 | Terraced House | |
£190K | 12/22 | 0.36 mi | 22, Deyne Street, Salford, Greater Manchester M6 5WT | £2,603 | 73 | 2 | Terraced House | |
£134K | 06/21 | 0.36 mi | 24, Deyne Street, Salford, Greater Manchester M6 5WT | - | - | 2 | Terraced House | |
£167K | 01/24 | 0.37 mi | 4, Wychbury Street, Salford, Greater Manchester M6 5YA | £2,352 | 71 | 2 | Terraced House | |
£135K | 11/20 | 0.39 mi | 54, Langton Street, Salford, Greater Manchester M6 5PU | £1,467 | 92 | 2 | Terraced House | |
£175K | 02/24 | 0.4 mi | 36, Meadowgate Road, Salford, Greater Manchester M6 8DR | £2,311 | 76 | 2 | Terraced House | |
£180K | 06/24 | 0.4 mi | 34, Meadowgate Road, Salford, Greater Manchester M6 8DR | £2,338 | 77 | 2 | Semi-Detached House | |
£188K | 08/23 | 0.42 mi | 16, Newport Street, Salford, Greater Manchester M6 5TW | £2,380 | 79 | 2 | Terraced House | |
£167K | 11/20 | 0.43 mi | 22, Cardigan Street, Salford, Greater Manchester M6 5QT | £1,687 | 99 | 2 | Terraced House | |
£205K | 05/24 | 0.43 mi | 15, Cardigan Street, Salford, Greater Manchester M6 5QT | £2,595 | 79 | 2 | Terraced House | |
£230K | 01/23 | 0.44 mi | 5, Cardigan Street, Salford, Greater Manchester M6 5QT | £2,805 | 82 | 2 | Terraced House | |
£180K | 10/22 | 0.45 mi | 42, Grange Street, Salford, Greater Manchester M6 5PR | £2,069 | 87 | 2 | Terraced House | |
£105K | 03/21 | 0.45 mi | 20, Fram Street, Salford, Greater Manchester M6 5GB | £1,944 | 54 | 2 | Terraced House | |
£165K | 06/23 | 0.46 mi | 10, Hersey Street, Salford, Greater Manchester M6 5GT | £2,115 | 78 | 2 | Terraced House | |
£75K | 02/21 | 0.46 mi | 5, Norway Street, Salford, Greater Manchester M6 5GD | £1,087 | 69 | 2 | Terraced House | |
£170K | 05/24 | 0.47 mi | 6, Horsham Street, Salford, Greater Manchester M6 5QS | £2,179 | 78 | 2 | Terraced House | |
£142.5K | 02/21 | 0.47 mi | 26, Horsham Street, Salford, Greater Manchester M6 5QS | £1,851 | 77 | 2 | Terraced House | |
£153K | 11/20 | 0.47 mi | 4, Woodgrange Close, Salford, Greater Manchester M6 5PD | £2,125 | 72 | 2 | Terraced House | |
£173.5K | 04/23 | 0.49 mi | 4, Springwell Close, Salford, Greater Manchester M6 5PB | £2,991 | 58 | 2 | Terraced House | |
£185K | 12/23 | 0.49 mi | 123, Meadowgate Road, Salford, Greater Manchester M6 8EN | - | - | 2 | Terraced House | |
£144K | 01/21 | 0.5 mi | 10, Alpha Street West, Salford, Greater Manchester M6 5NR | £1,600 | 90 | 2 | Terraced House |
Local Rents
51 rents from £795/mo to £2.8K/mo, average is £995/mo.
Rent | Date | Distance | Address | Beds | Type | |
£995 | 02/25 | 0.03 mi | - | 2 | Flat | |
£875 | 05/24 | 0.04 mi | Weaste Lane, Salford, M5 | 2 | Flat | |
£875 | 05/24 | 0.04 mi | Weaste Lane, Salford, M5 | 2 | Flat | |
£875 | 06/24 | 0.04 mi | Weaste Lane, Salford, M5 | 2 | Flat | |
£875 | 06/24 | 0.04 mi | - | 2 | Flat | |
£875 | 06/24 | 0.04 mi | - | 2 | Flat | |
£1,200 | 02/24 | 0.09 mi | - | 2 | Bungalow | |
£925 | 05/24 | 0.1 mi | Emerson Street, Salford, Greater Manchester, M5 | 2 | Terraced House | |
£900 | 06/24 | 0.13 mi | - | 2 | Flat | |
£950 | 02/25 | 0.13 mi | - | 2 | Flat | |
£875 | 12/24 | 0.13 mi | - | 2 | Flat | |
£925 | 05/24 | 0.13 mi | Kingsford Street, Salford | 2 | Terraced House | |
£925 | 05/24 | 0.13 mi | Emerson Street, Salford | 2 | Terraced House | |
£1,150 | 02/24 | 0.14 mi | - | 2 | Terraced House | |
£800 | 05/24 | 0.15 mi | - | 2 | Terraced House | |
£800 | 05/24 | 0.15 mi | Emerson Street, Salford, M5 | 2 | Terraced House | |
£800 | 06/24 | 0.15 mi | - | 2 | Terraced House | |
£1,000 | 12/24 | 0.15 mi | - | 2 | Terraced House | |
£925 | 05/24 | 0.15 mi | Sheader Drive, Salford, M5 | 2 | Flat | |
£1,000 | 05/24 | 0.15 mi | Riddell Court, Sheader Drive, Salford | 2 | Flat | |
£1,200 | 12/24 | 0.16 mi | - | 2 | Flat | |
£925 | 05/24 | 0.16 mi | City Link, Hessel Street, Manchester, Greater Manchester, M50 | 2 | Flat | |
£1,100 | 05/24 | 0.16 mi | Riddell Court, Sheader Drive, Salford, M5 | 2 | Flat | |
£1,150 | 05/24 | 0.17 mi | Redmires Court, Eccles New Road, Salford, M5 4UT | 2 | Flat | |
£995 | 06/24 | 0.2 mi | City Link, Hessel Street, Salford | 2 | Flat | |
£1,450 | 06/24 | 0.26 mi | - | 2 | Semi-Detached House | |
£1,450 | 05/24 | 0.26 mi | Innings Drive, Salford, Manchester, M6 | 2 | Semi-Detached House | |
£895 | 06/24 | 0.29 mi | Eccles New Road, Salford, M5 | 2 | Flat | |
£995 | 05/24 | 0.29 mi | Little Bolton Terrace, Salford, M5 | 2 | Flat | |
£1,150 | 12/24 | 0.29 mi | - | 2 | Flat | |
£1,900 | 01/25 | 0.34 mi | - | 2 | Terraced House | |
£1,250 | 05/24 | 0.35 mi | Southbourne Street, Moorland's Green, M6 | 2 | Terraced House | |
£1,200 | 05/24 | 0.35 mi | Southbourne Street, Langworthy, Salford, M6 | 2 | Terraced House | |
£1,200 | 05/24 | 0.35 mi | Southbourne Street, Langworthy, Salford, M6 | 2 | Terraced House | |
£1,100 | 05/24 | 0.35 mi | Southbourne Street, Salford, M6 5GX | 2 | Detached House | |
£2,800 | 05/24 | 0.37 mi | - | 2 | Terraced House | |
£1,250 | 02/25 | 0.37 mi | - | 2 | Terraced House | |
£950 | 05/24 | 0.37 mi | Wychbury Street, Salford | 2 | Terraced House | |
£1,400 | 03/25 | 0.37 mi | - | 2 | Terraced House | |
£850 | 12/24 | 0.38 mi | - | 2 | Flat | |
£795 | 12/24 | 0.38 mi | - | 2 | Flat | |
£1,200 | 12/24 | 0.38 mi | - | 2 | Flat | |
£1,040 | 02/25 | 0.38 mi | - | 2 | Terraced House | |
£1,100 | 01/25 | 0.38 mi | - | 2 | Terraced House | |
£900 | 03/25 | 0.41 mi | - | 2 | Terraced House | |
£1,400 | 03/25 | 0.44 mi | - | 2 | Terraced House | |
£900 | 05/24 | 0.45 mi | Grange Street, Salford | 2 | Terraced House | |
£997 | 05/24 | 0.46 mi | 12 Hersey St, Salford, M6 5GT | 2 | Flat | |
£925 | 02/25 | 0.46 mi | - | 2 | Flat | |
£1,100 | 06/24 | 0.49 mi | - | 2 | Terraced House | |
£900 | 05/24 | 0.49 mi | - | 2 | Flat |
Local Area Statistics
Population in M5 | 14,44514,445 |
Population in Salford | 88,69788,697 |
Town centre distance | 1.42 miles away1.42 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.14 miles away0.14 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +35%+35% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +6%+6% |
Property History
Listed for £70,000
February 26, 2025
Floor Plans

Description
- To be Sold tenanted at £675 Per Month +
- CASH purchase only +
- Open Plan Kitchen and Living Space +
- Close to Weaste Tram Stop +
- Walking Distance to Salford Royal Hospital +
- Easy Access to Manchester City Centre +
- Two Bedrooms +
- Roof top communal terrace +
CLOSE TO SALFORD ROYAL HOSPITAL CLOSE TO SALFORD QUAYS CASH PURCHASE ONLY SOLD WITH TENANT IN SITU PAYING £675PCM Are you an investor looking for a new property for your portfolio? This two bedroom upper floor open plane apartment will be a great addition. There is a tenant in situ so no hassle in requiring finding a new tenant. Internally the property comprises of entrance hall, open plan kitchen and living space, two bedrooms and a family bathroom. The property has an allocated parking space and there is intercom entry to the block. The apartment is within walking distance to Weaste tram stop and Salford Royal Hospital and close to Salford Quays and Media City, with transport links into Manchester City Centre. Call the branch now to arrange a viewing! COUNCIL TAX BAND B. EPC GRADE C.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SAF230330/2