ValuationUndervalued

Sold Prices	£105K - £205K
Sold Prices/m²	£1.8K/m² - £3.2K/m²

Square Metres	~68.11 m²
Price/m²	£1.9K/m²
Value Estimate	£161,446£161,446
BMV	24%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£32,500£32,500
Stamp Duty & Legal Fees	£7,800£7,800
Total Cash In	£40,300£40,300

Cash Out
Rent Range	£600 - £1,400£600 - £1,400
Rent Estimate	£900
Running Costs/mo	£606£606
Cashflow/mo	£294£294
Cashflow/yr	£3,525£3,525
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

50 sold prices from £105K to £205K, average is £137.7K. £1.8K/m² to £3.2K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£126K	06/25	0.01 mi	Flat 6, Wardley House, Moss Meadow Road, Salford M6 8PJ	£1,969	64	2	Flat
£126K	06/25	0.01 mi	Flat 6, Wardley House, Moss Meadow Road, Salford M6 8PJ	-	-	2	Flat
£140K	07/25	0.03 mi	Flat 11, Woolston House, Moss Meadow Road, Salford M6 8PL	-	-	2	Flat
£135K	04/23	0.12 mi	Flat 52, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£117K	02/23	0.12 mi	Flat 31, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£140K	05/23	0.12 mi	Flat 42, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£105K	06/21	0.12 mi	Flat 22, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£122.5K	03/23	0.12 mi	Flat 59, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£147K	11/22	0.12 mi	Flat 28, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£140K	07/22	0.12 mi	Flat 10, Rivington, Cholmondeley Road, Salford, Greater Manchester M6 8QH	-	-	2	Flat
£152K	07/23	0.2 mi	17, Princeton Close, Salford, Greater Manchester M6 8QL	£3,234	47	2	Flat
£130K	10/23	0.2 mi	25, Princeton Close, Salford, Greater Manchester M6 8QL	£2,642	49	2	Flat
£113.5K	09/24	0.22 mi	24, Harvard Grove, Salford M6 8GT	£2,415	47	2	Flat
£160K	03/25	0.24 mi	78, Lancaster Road, Salford M6 8AW	-	-	2	Flat
£160K	03/25	0.24 mi	78, Lancaster Road, Salford M6 8AW	£2,909	55	2	Flat
£165K	02/25	0.31 mi	Flat 26, The Hollies, Eccles Old Road, Salford M6 8AL	-	-	2	Flat
£165K	02/25	0.31 mi	The Hollies, Flat 26, Eccles Old Road, Salford M6 8AL	£2,538	65	2	Flat
£150K	03/25	0.34 mi	11, St James Court, Salford M6 8EH	£2,679	56	2	Flat
£150K	03/25	0.34 mi	11, St James Court, Salford M6 8EH	-	-	2	Flat
£160K	06/25	0.35 mi	23, St James Court, Salford M6 8EH	£2,857	56	2	Flat
£160K	06/25	0.35 mi	23, St James Court, Salford M6 8EH	-	-	2	Flat
£134K	08/23	0.42 mi	11, Whitby Avenue, Salford, Greater Manchester M6 8BW	£1,914	70	2	Flat
£152K	08/22	0.42 mi	14, Whitby Avenue, Salford, Greater Manchester M6 8BW	-	-	2	Flat
£205K	08/22	0.45 mi	9, Orama Avenue, Salford, Greater Manchester M6 8LL	£2,440	84	2	Flat
£138.5K	11/21	0.47 mi	3, Wortley Avenue, Salford, Greater Manchester M6 8DB	£2,164	64	2	Flat
£151K	12/23	0.5 mi	Victoria House, Flat 17, Victoria Road, Salford, Greater Manchester M6 8LF	£2,475	61	2	Flat
£155K	02/23	0.52 mi	Flat 21, Knowles Court, Eccles Old Road, Salford, Greater Manchester M6 8ES	-	-	2	Flat
£162K	11/21	0.53 mi	4, Dante Close, Eccles, Manchester, Greater Manchester M30 9DT	£2,746	59	2	Flat
£150K	07/24	0.55 mi	Garbo Court, Flat 44, Monroe Close, Salford M6 8GH	£2,941	51	2	Flat
£130K	03/24	0.55 mi	Garbo Court, Flat 46, Monroe Close, Salford M6 8GH	£2,364	55	2	Flat
£133K	09/24	0.55 mi	Garbo Court, Flat 29, Monroe Close, Salford M6 8GH	£2,956	45	2	Flat
£135K	08/24	0.56 mi	41, Pinhigh Place, Salford M6 8ND	£1,800	75	2	Flat
£145K	12/24	0.56 mi	59, Pinhigh Place, Salford M6 8ND	£2,417	60	2	Flat
£136.9K	12/24	0.56 mi	37, Pinhigh Place, Salford M6 8ND	£2,403	57	2	Flat
£133K	09/21	0.57 mi	6, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,180	61	2	Flat
£150K	06/24	0.57 mi	22, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,344	64	2	Flat
£150K	03/23	0.57 mi	7, Pinhigh Place, Salford, Greater Manchester M6 8ND	£1,794	84	2	Flat
£133K	02/24	0.57 mi	9, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,660	50	2	Flat
£130K	09/21	0.57 mi	61, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,281	57	2	Flat
£116K	10/21	0.57 mi	12, Pinhigh Place, Salford, Greater Manchester M6 8ND	£1,785	65	2	Flat
£124K	11/21	0.57 mi	42, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,322	53	2	Flat
£122K	09/21	0.57 mi	1, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,302	53	2	Flat
£136K	05/22	0.57 mi	3, Pinhigh Place, Salford, Greater Manchester M6 8ND	£2,175	63	2	Flat
£130K	03/24	0.57 mi	Garbo Court, Flat 46, Monroe Close, Salford, Greater Manchester M6 8GH	£2,364	55	2	Flat
£130K	07/24	0.57 mi	Garbo Court, Flat 35, Monroe Close, Salford, Greater Manchester M6 8GH	£2,453	53	2	Flat
£114K	08/21	0.57 mi	Flat 40, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£135K	06/23	0.57 mi	Flat 6, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£116K	10/23	0.57 mi	Flat 8, Bogart Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£147.5K	10/22	0.57 mi	Flat 18, Hepburn Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat
£145K	10/22	0.57 mi	Flat 41, Garbo Court, Monroe Close, Salford, Greater Manchester M6 8GH	-	-	2	Flat

Local Rents

50 rents from £600/mo to £1.4K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	11/25	0.03 mi	Cholmondeley Road, Salford	2	Flat
£950	10/25	0.07 mi	-	2	Flat
£950	10/25	0.07 mi	-	2	Flat
£950	05/25	0.07 mi	Gloucester Road, Salford, M6	2	Flat
£950	07/25	0.07 mi	Gloucester Road, Salford, M6	2	Flat
£950	09/25	0.07 mi	Gloucester Road, Salford, M6	2	Flat
£995	12/24	0.09 mi	-	2	Flat
£950	11/25	0.09 mi	Chomlea Manor Claremont Road, Salford, M6	2	Flat
£875	05/24	0.09 mi	Cholmondeley Road, Salford, M6	2	Flat
£1,175	10/25	0.11 mi	-	2	Flat
£1,100	10/25	0.11 mi	Claremont Road, Salford, M6	2	Flat
£1,175	10/25	0.11 mi	Claremont Road, Salford, M6	2	Flat
£625	07/25	0.11 mi	Rivington Court, Salford, Manchester, M6	2	Flat
£1,300	01/25	0.12 mi	-	2	Flat
£895	08/25	0.12 mi	Graham Road, Salford, M6	2	Flat
£695	07/25	0.12 mi	Graham Road, Salford	2	Terraced House
£1,100	07/25	0.14 mi	Hayfield Road, Salford	2	Terraced House
£1,100	10/25	0.14 mi	Hayfield Road, Salford	2	Terraced House
£795	08/25	0.14 mi	Hayfield Road, Salford	2	Flat
£1,150	11/25	0.17 mi	-	2	Terraced House
£1,250	06/25	0.2 mi	Light Oaks Road, Salford	2	Terraced House
£1,250	07/25	0.2 mi	Light Oaks Road, Salford, M6	2	Terraced House
£900	05/24	0.21 mi	Princeton Close, Salford, Lancashire, M6	2	Flat
£1,000	11/25	0.21 mi	Princeton Close, Salford, Lancashire, M6	2	Flat
£850	08/25	0.22 mi	Hayfield Road, Salford	2	Terraced House
£1,400	08/25	0.22 mi	-	2	Flat
£1,275	02/25	0.23 mi	-	2	Terraced House
£1,150	03/25	0.23 mi	-	2	Terraced House
£1,100	08/25	0.24 mi	-	2	Flat
£900	11/25	0.24 mi	Fairhope Court, 3 Fairhope Avenue, Salford, M6	2	Flat
£1,000	11/25	0.25 mi	Heathfields, Lancaster Road, Salford, M6	2	Flat
£895	08/25	0.25 mi	Lancaster Road, Salford, M6	2	Flat
£900	06/24	0.25 mi	Heathfields, Lancaster Road, Salford	2	Flat
£1,100	08/25	0.25 mi	-	2	Flat
£900	06/24	0.26 mi	-	2	Flat
£695	08/25	0.26 mi	Heathfields, Lancaster Road, Salford	2	Flat
£725	07/25	0.27 mi	Heathfields, Salford	2	Flat
£900	05/24	0.31 mi	Voltaire Avenue, Salford, M6	2	Flat
£600	08/25	0.33 mi	The Hollies, Eccles Old Road, Salford	2	Flat
£1,000	08/25	0.33 mi	The Hollies, 216-218 Eccles Old Road, Salford, Greater Manchester, M6	2	Flat
£1,195	05/24	0.34 mi	Moorfield Road, Salford	2	Detached House
£1,100	02/25	0.35 mi	-	2	Flat
£825	08/25	0.35 mi	Pin High Place, Salford, Manchester, M6	2	Flat
£925	06/24	0.35 mi	Pinhigh Place, Salford, M6	2	Flat
£900	09/25	0.36 mi	216-218 Eccles Old Road, Salford, M6	2	Flat
£900	11/25	0.36 mi	216-218 Eccles Old Road, Salford, M6	2	Flat
£850	08/25	0.36 mi	The Hollies, Eccles Old Road, Salford	2	Flat
£975	07/25	0.36 mi	The Hollies, Eccles Old Road, Salford	2	Flat
£1,275	07/25	0.39 mi	Runswick Close, Manchester, Greater Manchester, M6	2	Terraced House
£1,100	09/25	0.39 mi	Brookfield Avenue, Salford, Greater Manchester, M6	2	Semi-Detached House

Local Area Statistics

Population in M6	31,26831,268
Population in Salford	88,69788,697
Town centre distance	0.89 miles away0.89 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.83 miles away0.83 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+10%+10%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+22%+22%

Property History

Listed for £130,000

March 7, 2025

Floor Plans

Description

Available with NO VENDOR CHAIN +
Boasting a Long Lease +
Spacious Two Bedroom Apartment +
Large Lounge Diner +
Two Double Bedrooms +
Fitted Kitchen and a Three-Piece Bathroom +
Well-Presented Communal Areas and Communal Gardens +
Close to Excellent Transport Links into Salford Quays, Media City and Manchester City Centre +
Within Walking Distance of Salford Royal Hospital and Several Well-Kept Parks +
Great First Time Home or Investment +

Boasting a Long Lease and NO VENDOR CHAIN! Two Double Bedroom, Top Floor Apartment with a South Facing Balcony! Within Walking Distance of Salford Royal Hospital, Several Well-Kept Parks and Close to Transport Links! This property would be a great first time home or investment, boasting great room sizes and a convenient location! As you head into the property you go into a welcoming entrance hallway, which provides access to the spacious lounge diner, two double bedrooms, three-piece bathroom and the fitted kitchen. From the kitchen, you will find the private balcony. The block benefits from secure intercom and fob access, well-presented communal areas and well-maintained communal gardens. Viewing is highly recommended, get in touch to secure your viewing today!

EPC Rating: D