3 Bed Semi-Detached House, Refurb/BRRR, Salford, M5 3HJ, £180,000

Buckfield Avenue, Salford, Greater Manchester, M5 3HJ - 3 views - 17 days ago

Leasehold
Auction
Refurb/BRRR
ROI: 8%
~93 m²
+2 photos

ValuationFair Value

Sold Prices£178.5K - £550K
Sold Prices/m²£2.2K/m² - £5.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£180,000

 

 

End Value (After Refurb)

£264,081

Uplift in Value

+47%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Refurb Costs

£39,428

Bridging Loan Interest

£4,725

Total Cash In

£101,103

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£264,081

Agent Fees (1%)

£2,641

Bridging Loan

£135,000

Bridging Loan Interest

£4,725

Flip Profit

£25,337

Local Sold Prices

50 sold prices from £178.5K to £550K, average is £245.3K. £2.2K/m² to £5.2K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£210K05/210.03 mi32, St Clements Drive, Salford, Greater Manchester M5 3WN3
£223K06/210.03 mi36, St Clements Drive, Salford, Greater Manchester M5 3WN3
£243K05/220.09 mi21, Gurner Avenue, Salford, Greater Manchester M5 3WP3
£295K02/230.1 mi12, Cooke Place, Salford, Greater Manchester M5 3LJ3
£190K01/240.15 mi17, Whimberry Close, Salford, Greater Manchester M5 3WL3
£178.5K10/200.15 mi34, Whimberry Close, Salford, Greater Manchester M5 3WL3
£271.6K07/220.16 mi22, Guy Fawkes Street, Salford, Greater Manchester M5 3FR3
£260K08/230.18 mi20, Cloughfield Avenue, Salford, Greater Manchester M5 3PT3
£256.5K05/230.22 mi7, Radclyffe Mews, Salford, Greater Manchester M5 3GD3
£241K02/230.22 mi11, Radclyffe Mews, Salford, Greater Manchester M5 3GD3
£215K03/220.29 mi27, Parish View, Salford, Greater Manchester M5 3PA3
£250K01/240.3 mi41, Regent Square, Salford, Greater Manchester M5 3RP3
£186K09/220.32 mi12, Freya Grove, Salford, Greater Manchester M5 4TE3
£202.5K12/200.35 mi16, Craven Avenue, Salford, Greater Manchester M5 3JW3
£233K11/220.38 mi2, Lascar Avenue, Salford, Greater Manchester M5 3AF3
£260K03/230.39 mi8, Bermondsay Street, Salford, Greater Manchester M5 3AU3
£205K02/210.4 mi27, Old Shaw Street, Salford, Greater Manchester M5 3AY3
£328K10/200.48 mi55, Merchants Quay, Salford, Greater Manchester M50 3XF3
£375K09/220.48 mi25, Merchants Quay, Salford, Greater Manchester M50 3XF3
£210K06/210.48 mi39, Merchants Quay, Salford, Greater Manchester M50 3XF3
£210K06/210.5 mi39, Merchants Quay, Salford, Greater Manchester M50 3XF3
£255.3K09/220.53 mi12, Steeple Drive, Salford, Greater Manchester M5 4SB3
£258K04/230.53 mi16, Steeple Drive, Salford, Greater Manchester M5 4SB3
£230K05/220.55 mi6, Tatton Street, Manchester, Greater Manchester M15 4EQ3
£339.9K10/200.57 mi81, Merchants Quay, Salford, Greater Manchester M50 3XQ3
£370K09/210.57 mi93, Merchants Quay, Salford, Greater Manchester M50 3XQ3
£550K11/230.57 mi73, Merchants Quay, Salford, Greater Manchester M50 3XQ3
£402K10/210.57 mi119, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£384K03/210.61 mi115, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£375K07/220.65 mi76, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£265K02/220.69 mi153, Chester Road, Manchester, Greater Manchester M15 4JB3
£247.5K01/240.7 mi6, Weaver Court, Manchester, Greater Manchester M15 4BY3
£198K02/210.72 mi2, Dean Court, Manchester, Greater Manchester M15 4BN3
£310K06/240.74 mi67, Humphrey Road, Manchester, Greater Manchester M16 9DE3
£350K08/240.75 mi29, Humphrey Road, Manchester, Greater Manchester M16 9DD3
£293K10/200.75 mi31, Humphrey Road, Manchester, Greater Manchester M16 9DD3
£375K06/230.76 mi21, Fire Station Square, Salford, Greater Manchester M5 4NZ3
£210K05/220.77 mi7, Peterhead Walk, Salford, Greater Manchester M5 4HY3
£200K01/210.77 mi52, Trenam Place, Salford, Greater Manchester M5 4BF3
£233K05/220.82 mi2, Royce Road, Hulme, Manchester, Greater Manchester M15 5LY3
£235K06/230.82 mi14, Cornbrook Grove, Manchester, Greater Manchester M16 7PQ3
£261.5K06/230.83 mi5, Beever Street, Manchester, Greater Manchester M16 9JR3
£211K01/220.84 mi71b, Chorlton Road, Manchester, Greater Manchester M15 4AP3
£195K09/200.84 mi12, Royce Road, Hulme, Manchester, Greater Manchester M15 5LY3
£215K11/220.86 mi9, Bangor Street, Manchester, Greater Manchester M15 4BW3
£265K12/210.86 mi64, Jackson Crescent, Manchester, Greater Manchester M15 5AA3
£225K04/220.86 mi16, Ribston Street, Manchester, Greater Manchester M15 5RH3
£253K09/230.87 mi12, Fenn Street, Manchester, Greater Manchester M15 5FL3
£190K03/210.87 mi3, Vernon Street, Old Trafford, Manchester, Greater Manchester M16 9JP3
£208K08/230.88 mi20, Marple Street, Manchester, Greater Manchester M15 4AH3

Local Rents

50 rents from £900/mo to £3.6K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70002/250.07 mi-3
£1,40005/240.09 miSalford M53
£1,55005/240.09 miGurner Avenue, Salford3
£1,45005/240.09 miCooke Place, Salford3
£1,65003/250.1 mi-3
£1,80003/250.15 mi-3
£90005/240.15 miGreenwood Terrace, Salford, M53
£1,71505/240.16 miOrdsall Lane, Manchester, Greater Manchester, M53
£1,69405/240.16 miOrdsall Lane, Manchester, Greater Manchester, M53
£1,77005/240.16 miOrdsall Lane, Manchester, Greater Manchester, M53
£1,60012/240.17 mi-3
£1,60012/240.17 mi-3
£2,50003/250.17 mi-3
£1,40005/240.19 miSalford M53
£1,50006/240.21 miRadclyffe Mews, Salford, M53
£1,50006/240.21 mi-3
£1,50005/240.22 miRadclyffe Mews, Salford, M53
£1,80003/240.23 miThe Gateway, 15 Trafford Road, Salford, M53
£1,30005/240.23 miTaylorson Street, Salford, Lancashire, M53
£1,30012/240.27 mi-3
£1,65012/240.28 miLowry Wharf, The Riley Building, Derwent Street, Salford, M5 4TA3
£1,25005/240.29 miGilbert House, Elmira Way, Salford, M53
£1,50006/240.3 mi-3
£1,80005/240.3 miDock Office, Salford, M503
£1,80006/240.3 mi-3
£2,00002/250.3 mi-3
£2,00005/240.3 miWaterhouse, 14 Worrall St, Salford, M53
£1,85005/240.31 miDock Office, Trafford Road, Salford, Greater Manchester, M503
£1,75005/240.31 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M163
£3,60002/240.31 mi-3
£3,60005/240.31 mi-3
£3,60005/240.31 mi-3
£2,71003/250.31 mi-3
£2,71003/250.31 mi-3
£1,30012/240.32 mi-3
£1,60005/240.32 miThe Gateway, 15 Trafford Road, Salford, M53
£1,47506/240.32 miWorral Street, Salford3
£1,70005/240.32 miBridgewater Point, Worrell Street, Salford, M53
£3,00005/240.34 mi-3
£3,00005/240.34 mi-3
£1,50005/240.34 miBridgewater Point, M53
£2,49912/240.35 mi-3
£1,27505/240.36 miAsgard Drive, Salford3
£99505/240.36 miAsgard Drive, Salford3
£3,00012/240.36 mi-3
£2,10005/240.36 mi-3
£3,00012/240.36 mi-3
£2,00012/240.36 mi-3
£99505/240.36 miAsgard Drive, Salford3
£1,75005/240.37 miPomona Strand, Manchester, Greater Manchester, M163

Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

2.54 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £180,000

March 6, 2025

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Semi-detached +
  • Three bedroom +
  • Requires modernisation throughout +
  • Excellent location +

We welcome to market this THREE BEDROOM semi-detached property on Buckfield Avenue in Salford.

Requiring modernisation throughout this property is ideal for investors.

Briefly comprises of entrance hallway, living room, kitchen, three bedrooms and a bathroom. It also benefits from good size garden front and rear, and a driveway.

Ideally located just off Ordsall Lane, it allows easy access to the city centre and Salford Quays. It has excellent transport links and easy access to motorway links.

Call the office now to arrange a viewing!

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 969
Annual Ground Rent Amount: £50.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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