2 Bed Terraced House, Single Let, Salford, M5 4YA, £140,000

Bridgewater Point, Ordsall Lane, Salford, Greater Manchester, M5 4YA - 1 views - 11 days ago

Leasehold
Auction
BTL
ROI: 13%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£150K - £375K
Sold Prices/m²£2K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£168,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£1,050 - £3,250

Rent Estimate

£1,150

Running Costs/mo

£688

Cashflow/mo

£463

Cashflow/yr

£5,550

ROI

13%

Gross Yield

10%

Local Sold Prices

50 sold prices from £150K to £375K, average is £212.8K. £2K/m² to £4.4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£212.5K11/210.11 mi5, Wodens Avenue, Salford, Greater Manchester M5 4TF2
£215K01/230.2 mi41, Whimberry Close, Salford, Greater Manchester M5 3WL2
£160K11/200.2 mi33, Whimberry Close, Salford, Greater Manchester M5 3WL2
£226.5K10/230.2 mi8, Whimberry Close, Salford, Greater Manchester M5 3WL2
£210.1K02/240.24 mi17, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£205K05/230.24 mi12, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£178K01/210.24 mi35, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£214K10/230.24 mi15, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£212K03/230.24 mi29, Windmill Avenue, Salford, Greater Manchester M5 3NF2
£165K03/210.29 mi14, Buckfield Avenue, Salford, Greater Manchester M5 3HJ2
£195K03/230.34 mi14, Catfield Walk, Manchester, Greater Manchester M15 4HH2
£215K04/230.45 mi39, Ryall Avenue, Salford, Greater Manchester M5 3HX2
£230K10/230.46 miA 13.07, Block A Wilburn Basin, Ordsall Lane, Salford, Greater Manchester M5 4XQ2
£215K12/220.48 mi17, Warburton Street, Salford, Greater Manchester M5 3FX2
£225K07/210.49 mi78, Taylorson Street, Salford, Greater Manchester M5 3EX2
£208.8K03/210.49 mi92, Taylorson Street, Salford, Greater Manchester M5 3EX2
£238K01/240.51 mi13, Treelands Walk, Salford, Greater Manchester M5 3FU2
£235K12/220.55 mi13, Weedall Avenue, Salford, Greater Manchester M5 3DG2
£221.1K10/210.58 mi2, Sudbury Close, Manchester, Greater Manchester M16 9DG2
£225K05/240.59 mi2, Farwood Close, Manchester, Greater Manchester M16 9DQ2
£210K02/230.61 mi79, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9BQ2
£242K01/230.61 mi22, Northumberland Road, Manchester, Greater Manchester M16 9DP2
£180K05/210.62 mi17, Crowther Avenue, Salford, Greater Manchester M5 3JU2
£240K08/220.65 mi74, Ribston Street, Manchester, Greater Manchester M15 5RJ2
£195K11/210.65 mi12, Marple Street, Manchester, Greater Manchester M15 4AH2
£220K11/220.66 mi17, Mallow Street, Manchester, Greater Manchester M15 5GE2
£195K11/210.66 mi12, Marple Street, Manchester, Greater Manchester M15 4AH2
£195K11/200.67 mi62, Old York Street, Hulme, Manchester, Greater Manchester M15 5TH2
£160K12/200.68 mi57, Goodiers Drive, Salford, Greater Manchester M5 3JZ2
£185K07/210.68 mi43, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£258K09/220.73 mi23, Beever Street, Manchester, Greater Manchester M16 9JR2
£205K04/230.76 mi35, Warde Street, Hulme, Manchester, Greater Manchester M15 5TG2
£345K12/220.76 mi8, Merchants Quay, Salford, Greater Manchester M50 3XR2
£150K08/220.77 mi17, Steeple Drive, Salford, Greater Manchester M5 4SB2
£320K03/210.77 mi53, Merchants Quay, Salford, Greater Manchester M50 3XF2
£370K02/230.78 mi18, Fire Station Square, Salford, Greater Manchester M5 4NZ2
£375K07/220.78 mi11, Fire Station Square, Salford, Greater Manchester M5 4NZ2
£188K02/220.8 mi9, Wythop Gardens, Salford, Greater Manchester M5 4QF2
£175K12/200.8 mi8, Kershope Grove, Salford, Greater Manchester M5 4QE2
£179K03/210.8 mi10, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9LH2
£235.7K11/220.81 mi24, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£185K02/210.81 mi26, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£172K07/210.83 mi5, Dunham Street, Manchester, Greater Manchester M15 5FX2
£213K08/230.85 mi57, Pemberton Street, Manchester, Greater Manchester M16 9JY2
£225K12/230.85 mi47, Pemberton Street, Manchester, Greater Manchester M16 9JY2
£205K05/230.86 mi8, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW2
£364K10/200.86 mi24, St Lawrence Quay, Salford, Greater Manchester M50 3XT2
£245K02/230.86 mi44, St Lawrence Quay, Salford, Greater Manchester M50 3XT2
£315K12/200.86 mi89, Merchants Quay, Salford, Greater Manchester M50 3XQ2
£186.3K03/210.87 mi5, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2

Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,00002/240.01 mi-2
£2,20002/240.01 mi-2
£1,95003/250.01 mi-2
£1,85002/250.01 mi-2
£2,20003/250.01 mi-2
£1,40005/240.02 miWaterhouse, Salford, M52
£1,20005/240.02 miWaterhouse, Salford, M52
£1,30005/240.02 miWaterhouse Apartments, 14 Worrall Street, Salford, Greater Manchester, M52
£2,80003/250.02 mi-2
£3,25006/240.03 mi-2
£1,35002/240.04 mi-2
£1,39506/240.04 mi-2
£1,39512/240.04 mi-2
£1,45003/250.04 mi-2
£1,49503/250.04 mi-2
£1,39505/240.04 miWaterhouse Apartments, Salford, M52
£1,39505/240.04 miWaterhouse Apartments, Salford, M52
£1,25012/240.04 mi-2
£1,15012/240.05 mi-2
£1,30005/240.05 miBridgewater Point, Worrall Street, Salford, Greater Manchester, M52
£1,25005/240.05 miBridgewater Point, Worrall Street, Salford, M52
£1,20005/240.05 miBridgewater Point, Worrall Street, Salford, M52
£1,25003/250.06 mi-2
£1,50001/250.07 mi-2
£1,50001/250.07 mi-2
£1,45005/240.07 miRiley Building, Lowry Wharf, Derwent Street, Salford, M5 4TA2
£1,20006/240.08 miSteele House, Woden Street, M52
£1,30012/240.08 mi-2
£1,10003/250.08 mi-2
£1,25003/250.08 mi-2
£1,29502/250.08 mi-2
£1,19505/240.08 mi75, The Waterhouse, 14 Worrall Street, Manchester, Greater Manchester, M52
£1,20003/240.08 miWorrall Street, Manchester, Greater Manchester, M52
£1,15005/240.08 miSteele House, Woden Street, Salford, M52
£1,15005/240.08 miWoden Street, Salford, Greater Manchester, M52
£1,15005/240.08 miWoden Street, Salford, Greater Manchester, M52
£1,40002/250.08 mi-2
£1,20006/240.09 miSlater House, Woden Street, M52
£1,20005/240.09 mi29 Slater House, Lamba Court, Salford2
£1,15005/240.09 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,15005/240.09 miSlater House, Lamba Court, Woden Street, Salford, M52
£1,05005/240.1 miRenolds House, Lamba Court, Everard Street, Salford, M52
£1,09505/240.1 miRenolds House, Everard Street, Salford, M5 4UB2
£1,20005/240.1 miRenolds House, Everard Street, Salford2
£1,27505/240.11 miDowntown, 9 Woden Street, Salford2
£1,40005/240.11 mi9 Woden Street, Salford, 2
£1,35005/240.11 miDowntown, 7 Woden Street, Salford2
£1,25006/240.11 miWoden Street, Salford2
£1,30005/240.11 miBlock B, Downtown, 9 Woden Street, Salford, Lancashire, M52
£1,35005/240.11 mi-2

Local Area Statistics

Population in M5

14,445

Population in Salford

88,697

Town centre distance

2.69 miles away

Nearest school

0.40 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+35%

Sales demand

Buyer's market

Capital growth (5yrs)

+6%

Property History

Listed for £140,000

March 10, 2025

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Ground Floor Apartment +
  • Two Double Bedrooms +
  • Allocated Parking for One Car +
  • Communal Roof Terrace and Gardens +
  • EWS1 Form in Place +

Welcome to this charming property located on Worrall Street in the vibrant area of Salford. This delightful house boasts a cosy reception room, perfect for relaxing or entertaining guests. With two lovely bedrooms, there’s ample space for a small family or guests to stay over. The property also features a modern bathroom, ideal for unwinding after a long day.

Built in 2015, this house offers a contemporary feel with all the conveniences of a newer property. Spanning 710 sq ft, there’s plenty of room to make this house your own and create a comfortable living space. Whether you’re a first-time buyer, looking to downsize, or seeking an investment opportunity, this property has the potential to suit your needs.

Located in Salford, you’ll have easy access to local amenities, schools, and transport links, making it a convenient location for daily living. Don’t miss out on the chance to own this lovely home in a sought-after area. Book a viewing today and envision the possibilities that this property holds for you!

Council Tax Band: C
Tenure: Leasehold
Length Of Lease: 240
Annual Ground Rent Amount: £300.00
Annual Service Charge Amount: £2,813.00

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 💪