2 Bed Terraced House, Single Let, Salford, M6 5LZ, £210,000

Laburnum Street, Salford, M6 5LZ - 1 views - a month ago

Leasehold
BTL
ROI: 1%
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£75K - £222K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£159,621

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£11,700

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£900 - £1,850

Rent Estimate

£931

Running Costs/mo

£862

Cashflow/mo

£69

Cashflow/yr

£823

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £222K, average is £166.8K. £1.1K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£157K07/210.02 mi57, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£165K02/210.02 mi9, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£165K10/210.02 mi58, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£162K03/210.02 mi56, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£188K02/240.02 mi62, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£200K11/220.02 mi51, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£172K08/210.02 mi14, Laburnum Street, Salford, Greater Manchester M6 5LZ2
£180K02/240.03 mi69, Ash Street, Salford, Greater Manchester M6 5WA2
£200K08/230.03 mi37, Ash Street, Salford, Greater Manchester M6 5WA2
£211K12/230.03 mi1, Ash Street, Salford, Greater Manchester M6 5WA2
£185K04/210.04 mi15, Jubilee Street, Salford, Greater Manchester M6 5EP2
£188K02/240.04 mi4, Ash Street, Salford, Greater Manchester M6 5NA2
£195K06/230.04 mi26, Ash Street, Salford, Greater Manchester M6 5NA2
£165K03/210.04 mi24, Ash Street, Salford, Greater Manchester M6 5NA2
£216K03/230.05 mi20, Field Street, Salford, Greater Manchester M6 5EY2
£185K12/200.05 mi18, Field Street, Salford, Greater Manchester M6 5EY2
£205K11/230.05 mi14, Field Street, Salford, Greater Manchester M6 5EY2
£165K06/210.06 mi53, Alder Street, Salford, Greater Manchester M6 5WD2
£160K03/210.07 mi15, Reservoir Street, Salford, Greater Manchester M6 5WB2
£222K08/230.07 mi28, Reservoir Street, Salford, Greater Manchester M6 5WB2
£195K10/230.07 mi42, Reservoir Street, Salford, Greater Manchester M6 5WB2
£220K01/230.08 mi10, Alder Street, Salford, Greater Manchester M6 5ND2
£133K12/200.09 mi78, Highfield Road, Salford, Greater Manchester M6 5LA2
£185K07/230.09 mi25, Keswick Grove, Salford, Greater Manchester M6 5LR2
£148K03/230.09 mi39, Duchy Street, Salford, Greater Manchester M6 5LS2
£180K12/220.09 mi102, Highfield Road, Salford, Greater Manchester M6 5LA2
£104K03/210.12 mi66, Nansen Street, Salford, Greater Manchester M6 5QH2
£146.5K05/210.12 mi22, Jones Street, Salford, Greater Manchester M6 5LP2
£153K11/200.14 mi4, Woodgrange Close, Salford, Greater Manchester M6 5PD2
£173.5K04/230.14 mi4, Springwell Close, Salford, Greater Manchester M6 5PB2
£169K07/230.16 mi17, Alpha Street, Salford, Greater Manchester M6 5JY2
£127K03/210.16 mi120, Fitzwarren Street, Salford, Greater Manchester M6 5RS2
£75K02/210.16 mi5, Norway Street, Salford, Greater Manchester M6 5GD2
£105K03/210.16 mi20, Fram Street, Salford, Greater Manchester M6 5GB2
£180K10/220.19 mi42, Grange Street, Salford, Greater Manchester M6 5PR2
£152.5K10/200.19 mi9, Edmund Street, Salford, Greater Manchester M6 5WQ2
£200K01/230.19 mi14, Edmund Street, Salford, Greater Manchester M6 5WQ2
£126K10/210.21 mi6, Alpha Street West, Salford, Greater Manchester M6 5NR2
£144K01/210.21 mi10, Alpha Street West, Salford, Greater Manchester M6 5NR2
£135K11/200.21 mi54, Langton Street, Salford, Greater Manchester M6 5PU2
£185K04/210.22 mi6, Lower Seedley Road, Salford, Greater Manchester M6 5WL2
£157.5K08/210.22 mi24, Lower Seedley Road, Salford, Greater Manchester M6 5WL2
£170K05/240.22 mi6, Horsham Street, Salford, Greater Manchester M6 5QS2
£142.5K02/210.22 mi26, Horsham Street, Salford, Greater Manchester M6 5QS2
£165K06/230.23 mi10, Hersey Street, Salford, Greater Manchester M6 5GT2
£215K07/240.25 mi3, Tenbury Close, Salford, Greater Manchester M6 5BJ2
£152K07/210.25 mi12, Milford Street, Salford, Greater Manchester M6 5GQ2
£148K12/200.25 mi4, Milford Street, Salford, Greater Manchester M6 5GQ2
£166.5K02/210.25 mi4, Haven Street, Salford, Greater Manchester M6 5QR2
£167K01/240.26 mi4, Wychbury Street, Salford, Greater Manchester M6 5YA2

Local Rents

51 rents from £900/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.02 mi-2
£1,19502/240.02 mi-2
£1,14512/240.02 mi-2
£1,20004/250.02 mi-2
£1,30005/240.02 miLaburnum Street, Salford2
£1,10005/240.02 miLaburnum Street, Salford, M62
£1,10003/240.02 miLaburnum Street, Manchester, Greater Manchester, M62
£1,15005/240.03 mi-2
£1,25005/240.03 mi-2
£1,25002/250.03 mi-2
£1,15001/250.04 mi-2
£1,35005/240.05 mi-2
£1,25005/240.05 miField Street, Chimney Pot Park, Salford2
£1,30004/250.06 mi-2
£1,15012/240.07 mi-2
£1,15003/240.07 miReservoir Street, Manchester, Greater Manchester, M62
£1,20005/240.07 miAlder Street, Salford, M62
£1,10005/240.07 mi88 Langworthy Road, Manchester, Greater Manchester, M62
£1,30004/250.08 mi-2
£1,20005/240.08 miReservoir Street, Salford, Greater Manchester, M62
£1,20005/240.08 miReservoir Street, Salford, Greater Manchester, M62
£1,10005/240.09 miAlder Street, Salford, M62
£1,00005/240.09 miNansen Street, Salford, M62
£1,30004/250.09 mi-2
£1,20005/240.09 miAsh Street, Salford2
£1,10004/250.11 mi-2
£97505/240.11 miLangworthy Road, Salford2
£95005/240.12 miKeswick Grove, Salford, Greater Manchester, M62
£1,10006/240.13 mi-2
£95005/240.14 miSpring Gardens, Salford, M62
£90005/240.14 miSpring Gardens, Salford2
£1,05012/240.15 mi-2
£1,05006/240.15 miNansen Street, Salford, M62
£1,10001/250.17 mi-2
£1,45012/240.18 mi-2
£1,85005/240.18 mi-2
£1,40005/240.18 miBlock C Alto, Sullivan Way, M3 6GD2
£1,00005/240.18 miBronte Court, Rosehill Close, SALFORD, M62
£1,40003/250.19 mi-2
£90005/240.19 miGrange Street, Salford2
£1,10004/250.2 mi-2
£1,10005/240.2 miLiverpool Street, Pendleton One, Salford, Lancashire, M62
£1,15005/240.2 mi-2
£90003/250.21 mi-2
£1,10001/250.22 mi-2
£1,30005/240.22 mi-2
£1,40003/250.22 mi-2
£1,20006/240.23 mi-2
£1,20005/240.23 miBlodwell Street, Manchester, M62
£99705/240.23 mi12 Hersey St, Salford, M6 5GT2
£1,20004/250.23 mi-2

Local Area Statistics

Population in M6

31,268

Population in Salford

88,697

Town centre distance

1.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+58%

Property History

Listed for £210,000

March 5, 2025

Floor Plans

Description

  • Two Bedroom Property Located on the Popular 'Chimney Pot Park' Development +
  • Within Walking Distance of Salford Quays & Media City +
  • Just a Short Walk from Langworthy Tram Stop, which Provides Direct Access into Manchester City Centre +
  • Two Double Bedrooms +
  • Modern Three-Piece Bathroom Complete with a 'Sunken' Bath +
  • Large 21FT Lounge Diner with Sliding Doors to the Rear +
  • Modern Kitchen Diner on the Top Floor Featuring a 'Chimney' Style Lightwell +
  • Featuring an Undercroft Parking Space +
  • Garden Terrace to the Rear with Decking and Paving +
  • Ideal First Time Home or Investment +

*WITHIN WALKING DISTANCE OF SALFORD QUAYS & MEDIA CITY* TAKE A LOOK at this FANTASTIC two bedroom property located on the popular ‘Chimney Pot Park’ Development! As you enter the property you head into a welcoming entrance hallway. In the typical ‘upside down’ layout, you will find two double bedrooms on the ground floor, with a lightwell in the main bedroom. You will also find a modern, three-piece shower room complete with a ‘sunken’ bath. On the first floor there is a large, 21FT lounge diner, with sliding doors to the rear that seamlessly flows to the garden terrace at the rear. This space would be IDEAL for entertaining. On the top floor, there is a modern fitted kitchen, complete with a ‘chimney’ style lightwell. Properties in this location are particularly popular due to the close vicinity to Salford Quays & Media City, which are host to a fine array of bars, shops and restaurants. They are also just a short walk from Langworthy tram stop, which provides direct access into Manchester City Centre. It would make a great first time home or investment, get in touch to secure your viewing today!

EPC Rating: C

Agent Details

Hills, Eccles

0161 707 4900

Next Steps?

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