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£180,000

End Value (After Refurb)	£264,081£264,081
Uplift in Value	+47%+47%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£45,000£45,000
Stamp Duty & Legal Fees	£10,200£10,200
Refurb Costs	£39,428£39,428
Bridging Loan Interest	£4,725£4,725
Total Cash In	£101,103£101,103

Cash Out
Monetisation	FlipRefinance & RentFlip
Estimated Sale Price	£264,081£264,081
Agent Fees (1%)	£2,641£2,641
Bridging Loan	£135,000£135,000
Bridging Loan Interest	£4,725£4,725
Flip Profit	£25,337£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.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£210K	05/21	0.03 mi	32, St Clements Drive, Salford, Greater Manchester M5 3WN	£2,800	75	3	Terraced House
£223K	06/21	0.03 mi	36, St Clements Drive, Salford, Greater Manchester M5 3WN	-	-	3	Terraced House
£243K	05/22	0.09 mi	21, Gurner Avenue, Salford, Greater Manchester M5 3WP	-	-	3	Terraced House
£295K	02/23	0.1 mi	12, Cooke Place, Salford, Greater Manchester M5 3LJ	£3,158	93	3	Terraced House
£190K	01/24	0.15 mi	17, Whimberry Close, Salford, Greater Manchester M5 3WL	-	-	3	Semi-Detached House
£178.5K	10/20	0.15 mi	34, Whimberry Close, Salford, Greater Manchester M5 3WL	£3,132	57	3	Terraced House
£271.6K	07/22	0.16 mi	22, Guy Fawkes Street, Salford, Greater Manchester M5 3FR	£2,829	96	3	Terraced House
£260K	08/23	0.18 mi	20, Cloughfield Avenue, Salford, Greater Manchester M5 3PT	£2,185	119	3	Terraced House
£256.5K	05/23	0.22 mi	7, Radclyffe Mews, Salford, Greater Manchester M5 3GD	£2,850	90	3	Terraced House
£241K	02/23	0.22 mi	11, Radclyffe Mews, Salford, Greater Manchester M5 3GD	-	-	3	Terraced House
£215K	03/22	0.29 mi	27, Parish View, Salford, Greater Manchester M5 3PA	£2,829	76	3	Semi-Detached House
£250K	01/24	0.3 mi	41, Regent Square, Salford, Greater Manchester M5 3RP	£2,315	108	3	Terraced House
£186K	09/22	0.32 mi	12, Freya Grove, Salford, Greater Manchester M5 4TE	-	-	3	Terraced House
£202.5K	12/20	0.35 mi	16, Craven Avenue, Salford, Greater Manchester M5 3JW	£2,596	78	3	Terraced House
£233K	11/22	0.38 mi	2, Lascar Avenue, Salford, Greater Manchester M5 3AF	-	-	3	Terraced House
£260K	03/23	0.39 mi	8, Bermondsay Street, Salford, Greater Manchester M5 3AU	-	-	3	Terraced House
£205K	02/21	0.4 mi	27, Old Shaw Street, Salford, Greater Manchester M5 3AY	-	-	3	Terraced House
£328K	10/20	0.48 mi	55, Merchants Quay, Salford, Greater Manchester M50 3XF	£3,770	87	3	Semi-Detached House
£375K	09/22	0.48 mi	25, Merchants Quay, Salford, Greater Manchester M50 3XF	£4,412	85	3	Semi-Detached House
£210K	06/21	0.48 mi	39, Merchants Quay, Salford, Greater Manchester M50 3XF	£2,442	86	3	Semi-Detached House
£210K	06/21	0.5 mi	39, Merchants Quay, Salford, Greater Manchester M50 3XF	£2,442	86	3	Semi-Detached House
£255.3K	09/22	0.53 mi	12, Steeple Drive, Salford, Greater Manchester M5 4SB	£3,497	73	3	Semi-Detached House
£258K	04/23	0.53 mi	16, Steeple Drive, Salford, Greater Manchester M5 4SB	£3,794	68	3	Semi-Detached House
£230K	05/22	0.55 mi	6, Tatton Street, Manchester, Greater Manchester M15 4EQ	-	-	3	Terraced House
£339.9K	10/20	0.57 mi	81, Merchants Quay, Salford, Greater Manchester M50 3XQ	£3,792	90	3	Semi-Detached House
£370K	09/21	0.57 mi	93, Merchants Quay, Salford, Greater Manchester M50 3XQ	£5,211	71	3	Terraced House
£550K	11/23	0.57 mi	73, Merchants Quay, Salford, Greater Manchester M50 3XQ	£4,920	112	3	Terraced House
£402K	10/21	0.57 mi	119, Vancouver Quay, Salford, Greater Manchester M50 3TX	£3,322	121	3	Terraced House
£384K	03/21	0.61 mi	115, Vancouver Quay, Salford, Greater Manchester M50 3TX	£3,122	123	3	Terraced House
£375K	07/22	0.65 mi	76, Winnipeg Quay, Salford, Greater Manchester M50 3TY	-	-	3	Terraced House
£265K	02/22	0.69 mi	153, Chester Road, Manchester, Greater Manchester M15 4JB	-	-	3	Terraced House
£247.5K	01/24	0.7 mi	6, Weaver Court, Manchester, Greater Manchester M15 4BY	£3,018	82	3	Terraced House
£198K	02/21	0.72 mi	2, Dean Court, Manchester, Greater Manchester M15 4BN	-	-	3	Terraced House
£310K	06/24	0.74 mi	67, Humphrey Road, Manchester, Greater Manchester M16 9DE	-	-	3	Terraced House
£350K	08/24	0.75 mi	29, Humphrey Road, Manchester, Greater Manchester M16 9DD	-	-	3	Terraced House
£293K	10/20	0.75 mi	31, Humphrey Road, Manchester, Greater Manchester M16 9DD	£2,790	105	3	Terraced House
£375K	06/23	0.76 mi	21, Fire Station Square, Salford, Greater Manchester M5 4NZ	£3,713	101	3	Terraced House
£210K	05/22	0.77 mi	7, Peterhead Walk, Salford, Greater Manchester M5 4HY	£2,442	86	3	Terraced House
£200K	01/21	0.77 mi	52, Trenam Place, Salford, Greater Manchester M5 4BF	-	-	3	Semi-Detached House
£233K	05/22	0.82 mi	2, Royce Road, Hulme, Manchester, Greater Manchester M15 5LY	£2,549	91	3	Semi-Detached House
£235K	06/23	0.82 mi	14, Cornbrook Grove, Manchester, Greater Manchester M16 7PQ	£3,035	77	3	Terraced House
£261.5K	06/23	0.83 mi	5, Beever Street, Manchester, Greater Manchester M16 9JR	£2,972	88	3	Terraced House
£211K	01/22	0.84 mi	71b, Chorlton Road, Manchester, Greater Manchester M15 4AP	-	-	3	Semi-Detached House
£195K	09/20	0.84 mi	12, Royce Road, Hulme, Manchester, Greater Manchester M15 5LY	£3,362	58	3	Semi-Detached House
£215K	11/22	0.86 mi	9, Bangor Street, Manchester, Greater Manchester M15 4BW	-	-	3	Semi-Detached House
£265K	12/21	0.86 mi	64, Jackson Crescent, Manchester, Greater Manchester M15 5AA	£2,677	99	3	Terraced House
£225K	04/22	0.86 mi	16, Ribston Street, Manchester, Greater Manchester M15 5RH	£3,526	64	3	Terraced House
£253K	09/23	0.87 mi	12, Fenn Street, Manchester, Greater Manchester M15 5FL	-	-	3	Semi-Detached House
£190K	03/21	0.87 mi	3, Vernon Street, Old Trafford, Manchester, Greater Manchester M16 9JP	-	-	3	Terraced House
£208K	08/23	0.88 mi	20, Marple Street, Manchester, Greater Manchester M15 4AH	£3,104	67	3	Terraced House

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,700	02/25	0.07 mi	-	3	Terraced House
£1,400	05/24	0.09 mi	Salford M5	3	Flat
£1,550	05/24	0.09 mi	Gurner Avenue, Salford	3	Detached House
£1,450	05/24	0.09 mi	Cooke Place, Salford	3	Flat
£1,650	03/25	0.1 mi	-	3	Terraced House
£1,800	03/25	0.15 mi	-	3	Terraced House
£900	05/24	0.15 mi	Greenwood Terrace, Salford, M5	3	Flat
£1,715	05/24	0.16 mi	Ordsall Lane, Manchester, Greater Manchester, M5	3	Flat
£1,694	05/24	0.16 mi	Ordsall Lane, Manchester, Greater Manchester, M5	3	Flat
£1,770	05/24	0.16 mi	Ordsall Lane, Manchester, Greater Manchester, M5	3	Flat
£1,600	12/24	0.17 mi	-	3	Terraced House
£1,600	12/24	0.17 mi	-	3	Terraced House
£2,500	03/25	0.17 mi	-	3	Flat
£1,400	05/24	0.19 mi	Salford M5	3	Flat
£1,500	06/24	0.21 mi	Radclyffe Mews, Salford, M5	3	Terraced House
£1,500	06/24	0.21 mi	-	3	Terraced House
£1,500	05/24	0.22 mi	Radclyffe Mews, Salford, M5	3	House
£1,800	03/24	0.23 mi	The Gateway, 15 Trafford Road, Salford, M5	3	Flat
£1,300	05/24	0.23 mi	Taylorson Street, Salford, Lancashire, M5	3	Terraced House
£1,300	12/24	0.27 mi	-	3	Terraced House
£1,650	12/24	0.28 mi	Lowry Wharf, The Riley Building, Derwent Street, Salford, M5 4TA	3	Flat
£1,250	05/24	0.29 mi	Gilbert House, Elmira Way, Salford, M5	3	Flat
£1,500	06/24	0.3 mi	-	3	Flat
£1,800	05/24	0.3 mi	Dock Office, Salford, M50	3	Flat
£1,800	06/24	0.3 mi	-	3	Flat
£2,000	02/25	0.3 mi	-	3	Flat
£2,000	05/24	0.3 mi	Waterhouse, 14 Worrall St, Salford, M5	3	Flat
£1,850	05/24	0.31 mi	Dock Office, Trafford Road, Salford, Greater Manchester, M50	3	Flat
£1,750	05/24	0.31 mi	Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16	3	Flat
£3,600	02/24	0.31 mi	-	3	Semi-Detached House
£3,600	05/24	0.31 mi	-	3	Semi-Detached House
£3,600	05/24	0.31 mi	-	3	Semi-Detached House
£2,710	03/25	0.31 mi	-	3	Semi-Detached House
£2,710	03/25	0.31 mi	-	3	Semi-Detached House
£1,300	12/24	0.32 mi	-	3	Terraced House
£1,600	05/24	0.32 mi	The Gateway, 15 Trafford Road, Salford, M5	3	Flat
£1,475	06/24	0.32 mi	Worral Street, Salford	3	Detached House
£1,700	05/24	0.32 mi	Bridgewater Point, Worrell Street, Salford, M5	3	Flat
£3,000	05/24	0.34 mi	-	3	Flat
£3,000	05/24	0.34 mi	-	3	Flat
£1,500	05/24	0.34 mi	Bridgewater Point, M5	3	Flat
£2,499	12/24	0.35 mi	-	3	Flat
£1,275	05/24	0.36 mi	Asgard Drive, Salford	3	Flat
£995	05/24	0.36 mi	Asgard Drive, Salford	3	Flat
£3,000	12/24	0.36 mi	-	3	Flat
£2,100	05/24	0.36 mi	-	3	Flat
£3,000	12/24	0.36 mi	-	3	Flat
£2,000	12/24	0.36 mi	-	3	Flat
£995	05/24	0.36 mi	Asgard Drive, Salford	3	Flat
£1,750	05/24	0.37 mi	Pomona Strand, Manchester, Greater Manchester, M16	3	Flat

Local Area Statistics

Population in M5	14,44514,445
Population in Salford	88,69788,697
Town centre distance	2.54 miles away2.54 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.37 miles away0.37 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 £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 💪

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