2 Bed Flat, Single Let, Manchester, M16 0UF, £225,000

Talbot Road, Old Trafford, Manchester, M16 0UF - a month ago

Leasehold
BTL
ROI: 1%
~68 m²
+18 photos

ValuationOvervalued

Sold Prices£65K - £263K
Sold Prices/m²£1K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£215,685

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£12,450

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£950 - £2,900

Rent Estimate

£1,008

Running Costs/mo

£925

Cashflow/mo

£83

Cashflow/yr

£999

ROI

1%

Gross Yield

5%

Local Sold Prices

43 sold prices from £65K to £263K, average is £198K. £1K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£210K10/200.61 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£210K10/200.61 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£250K10/210.62 mi62, Merchants Quay, Salford, Greater Manchester M50 3XG2
£106.5K03/210.63 mi31, Beresford Road, Stretford, Manchester, Greater Manchester M32 0PZ2
£263K12/230.64 mi44, Merchants Quay, Salford, Greater Manchester M50 3XR2
£65K11/230.66 mi4, Broseley Road, Manchester, Greater Manchester M16 0EZ2
£128K03/210.67 mi20, Nansen Close, Stretford, Manchester, Greater Manchester M32 0PX2
£178K03/230.7 mi15, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£170K02/230.7 mi17, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£150K12/200.77 mi69, Lee Crescent, Stretford, Manchester, Greater Manchester M32 0TN2
£144.8K01/210.78 mi73, Lee Crescent, Stretford, Manchester, Greater Manchester M32 0TN2
£210K03/240.81 miImperial Point, Apartment 812, The Quays, Salford, Greater Manchester M50 3RB2
£228K05/210.84 mi16, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£260K12/200.84 mi53, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£200K06/210.84 mi24, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£230K05/210.84 mi41, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£190K04/210.84 mi49, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£188K10/200.85 mi76, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£238.5K10/230.85 mi70, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£198K10/230.85 mi76, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£185K10/200.85 miFlat 11, Queens Court, Manchester Road, Manchester, Greater Manchester M16 0EA2
£240K12/220.86 mi15, St Lawrence Quay, Salford, Greater Manchester M50 3XT2
£240K09/210.86 mi44, Vancouver Quay, Salford, Greater Manchester M50 3TU2
£205K09/210.86 mi71, Vancouver Quay, Salford, Greater Manchester M50 3TU2
£209.5K11/200.86 mi70, Vancouver Quay, Salford, Greater Manchester M50 3TU2
£188K10/200.87 mi76, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£187K05/230.89 mi61, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£196K10/200.9 mi25, Labrador Quay, Salford, Greater Manchester M50 3YH2
£208K05/210.9 mi111, Labrador Quay, Salford, Greater Manchester M50 3YH2
£197K12/200.9 mi107, Labrador Quay, Salford, Greater Manchester M50 3YH2
£192K01/210.9 mi153, Labrador Quay, Salford, Greater Manchester M50 3YH2
£204K03/210.9 mi141, Labrador Quay, Salford, Greater Manchester M50 3YH2
£255K11/220.9 mi119, Labrador Quay, Salford, Greater Manchester M50 3YH2
£210K05/230.9 mi171, Labrador Quay, Salford, Greater Manchester M50 3YH2
£205.5K12/220.91 mi53, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£212K12/220.91 mi43, Labrador Quay, Salford, Greater Manchester M50 3YH2
£199.9K03/210.92 mi48, Woodlawn Court, Manchester, Greater Manchester M16 9RJ2
£167.5K11/220.92 mi91, Wardle Close, Stretford, Manchester, Greater Manchester M32 0TF2
£195K01/230.92 mi145, Labrador Quay, Salford, Greater Manchester M50 3YH2
£112K05/210.92 mi93, Wardle Close, Stretford, Manchester, Greater Manchester M32 0TF2
£153.5K03/210.93 mi41, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£195K06/210.94 mi2, Woodlawn Court, Manchester, Greater Manchester M16 9RH2
£180K05/230.95 mi32, Abbotside Close, Manchester, Greater Manchester M16 7RP2

Local Rents

51 rents from £950/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,90005/240.03 mi-2
£2,90005/240.03 mi-2
£2,90012/240.03 mi-2
£1,25005/240.04 miApartment 208 Insignia, 86 Talbot Road , Old Trafford, Manchester, M16 0UF2
£1,25005/240.04 mi86 Talbot Road , Manchester, M16 0UF2
£1,20006/240.04 mi88-92 Talbot Road , Old Trafford , Manchester, M16 0UE2
£1,20003/250.04 mi-2
£99505/240.05 mi17 Montague Road, M16 0QT2
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,25005/240.06 miAlexander House2
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35006/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35006/240.06 miTalbot Road, Manchester, Greater Manchester, M162
£1,30005/240.06 mi-2
£1,25005/240.06 miAlexander House, Talbot Road, Old Trafford, Manchester. M16 0PJ2
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£99505/240.06 miApartment , Bowdon Court, Montague Road, Manchester2
£2,25005/240.08 mi-2
£1,30005/240.08 miWarwick Road, Manchester, Greater Manchester, M162
£1,30003/240.08 miWarwick Road,Old Trafford,Manchester,M162
£1,25003/240.08 miWarwick Road, Manchester, Greater Manchester, M162
£1,20005/240.08 miWarwick Road, Manchester, Greater Manchester, M162
£1,30005/240.08 mi-2
£1,30005/240.08 miTalbot Road, Old Trafford, Manchester, M162
£1,10012/240.08 mi-2
£1,10005/240.08 miTalbot Road, Old Trafford, Manchester, M162
£1,30002/250.08 mi-2
£2,59901/250.14 mi-2
£2,59902/250.14 mi-2
£2,59901/250.14 mi-2
£2,39503/250.14 mi-2
£2,00007/240.26 mi-2
£2,34501/250.26 mi-2
£1,32503/240.29 miNo. 1 Old Trafford2
£1,22503/240.29 miNo. 1 Old Trafford2
£1,25003/240.29 miNo. 1 Old Trafford2
£1,32503/240.29 miNo. 1 Old Trafford2
£95012/240.32 mi-2
£1,15005/240.32 mi41 Grove House, Skerton Road2
£1,25005/240.33 miTrafford Park, Manchester, Greater Manchester, M172
£1,35005/240.33 miNo 1 Old Trafford, Salford Quays, M17 1GW2
£1,35005/240.34 miB.. Block B, Wharfside, M172
£1,20005/240.34 miPomona Strand, Manchester, Greater Manchester, M162
£1,32505/240.34 miPomona Strand, Manchester, Greater Manchester, M162
£1,35012/240.35 mi-2
£1,35001/250.35 mi-2
£1,40005/240.35 miWharf End, Trafford Park, Manchester, M172
£1,30005/240.35 miNo.1 Old Trafford, Manchester2
£1,30002/240.35 miWharf End, Trafford Park, Manchester, Greater Manchester, M172

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

1.44 miles away

Nearest school

0.40 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Listed for £225,000

March 3, 2025

Floor Plans

Description

  • 2 double bedroom apartment +
  • Parking space included +
  • Spacious open-plan living area +
  • Kitchen with integral appliances +
  • Main bathroom & ensuite shower room +
  • Easy access to city centre & Salford Quays +
  • EWS1 form available (A1 rating) +
  • No onward chain +
  • Leasehold +
  • EPC Rating B +

A fantastic 2 bedroom apartment complete with parking space within the modern Insignia development located close to Old Trafford cricket ground and White City Retail Park. Featuring a spacious living area/kitchen, ensuite and main bathroom. Close to Metrolink stop and within easy reach of the city centre and Salford Quays. No onward chain. EPC Rating B.

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.

MCC250152/2

Agent Details

Reeds Rains, Salford Quays City Living

0161 524 2839

Next Steps?

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