3 Bed Flat, Single Let, Salford, M3 4NH, £200,000

Bridgewater Street, Manchester, Greater Manchester, M3 4NH - 1 views - 9 days ago

Sold STC
Leasehold
BTL
ROI: 20%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£122K - £500K
Sold Prices/m²£1.4K/m² - £5.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£250,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,600 - £15,000

Rent Estimate

£2,100

Running Costs/mo

£1,065

Cashflow/mo

£1,035

Cashflow/yr

£12,420

ROI

20%

Gross Yield

13%

Local Sold Prices

41 sold prices from £122K to £500K, average is £235K. £1.4K/m² to £5.3K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£337.5K01/230.4 miFlat 112, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ3
£225K12/220.42 mi11, Humberstone Avenue, Manchester, Greater Manchester M15 5EE3
£230K04/230.42 mi27, Humberstone Avenue, Manchester, Greater Manchester M15 5EE3
£275K12/200.66 miApartment 21, Velvet Court, Granby Row, Manchester, Greater Manchester M1 7AB3
£219.9K02/210.69 miApartment 45, Central Court, Melville Street, Salford, Greater Manchester M3 6DH3
£178.5K11/200.72 mi25, Bevill Square, Salford, Greater Manchester M3 6BB3
£235K07/230.72 mi25, Bevill Square, Salford, Greater Manchester M3 6BB3
£177K07/210.82 mi34, Lockett Gardens, Salford, Greater Manchester M3 6BJ3
£242.5K08/230.91 mi15, Lockton Close, Manchester, Greater Manchester M1 7JG3
£200K12/220.92 mi27, Lockton Close, Manchester, Greater Manchester M1 7JG3
£312.5K03/230.94 mi33, Martlesham Walk, Manchester, Greater Manchester M4 1LY3
£320K08/230.94 mi11, Martlesham Walk, Manchester, Greater Manchester M4 1LY3
£245K03/210.97 mi32, Len Cox Walk, Manchester, Greater Manchester M4 5LA3
£225K04/231.01 mi22, Betsham Street, Manchester, Greater Manchester M15 5JN3
£150K10/201.02 mi42, Linen Court, Salford, Greater Manchester M3 6JG3
£310K02/211.15 mi24, Anita Street, Manchester, Greater Manchester M4 5DU3
£273K09/211.15 mi31, Anita Street, Manchester, Greater Manchester M4 5DU3
£165K10/201.19 mi51, Alexandra Road, Moss Side, Manchester, Greater Manchester M16 7HA3
£157.5K06/211.21 miFlat 6, Stanley Court, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9DL3
£298.3K01/241.28 mi2, Fulford Street, Manchester, Greater Manchester M16 9PU3
£500K07/231.29 mi16, Spindle Mews, Manchester, Greater Manchester M4 6DB3
£140K01/211.46 miFlat 33, Redmires Court, Eccles New Road, Salford, Greater Manchester M5 4US3
£200K02/211.52 mi7, St Lawrence Quay, Salford, Greater Manchester M50 3XT3
£137.5K08/211.53 miFlat 37, Carthorpe Arch, Eccles New Road, Salford, Greater Manchester M5 4UR3
£200K01/231.54 mi73, Waterloo Road, Manchester, Greater Manchester M8 8BY3
£262.8K02/231.54 mi47, Vancouver Quay, Salford, Greater Manchester M50 3TU3
£290K12/231.55 mi36, Vancouver Quay, Salford, Greater Manchester M50 3TU3
£225K01/211.59 mi22, Vancouver Quay, Salford, Greater Manchester M50 3TT3
£243K04/211.59 mi81, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£270K04/231.59 mi87, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£245K04/231.59 mi78, Vancouver Quay, Salford, Greater Manchester M50 3TX3
£276K10/231.63 mi81, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£276K10/231.63 mi81, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£263.3K12/201.63 mi52, Winnipeg Quay, Salford, Greater Manchester M50 3TY3
£122K10/221.73 miFlat 4, St. Davids Court, Sherborne Street, Manchester, Greater Manchester M8 8ND3
£227.5K04/241.74 mi40, Woodlawn Court, Manchester, Greater Manchester M16 9RJ3
£290K08/221.83 mi4, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£145.5K06/211.87 mi2, Osborne Street, Salford, Greater Manchester M6 5LG3
£141.5K10/231.89 miFlat 2, Darley House, My Street, Salford, Greater Manchester M5 5GJ3
£170K12/201.93 mi325, Cheetham Hill Road, Manchester, Greater Manchester M8 0SN3
£275K09/221.99 mi30, Bell Crescent, Manchester, Greater Manchester M11 3UA3

Local Rents

50 rents from £1.6K/mo to £15K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,45506/240.05 miColliers Yard, M33
£2,77506/240.05 miColliers Yard, M33
£2,90006/240.05 miColliers Yard, M33
£2,35005/240.05 miLiverpool Road, Manchester, M33
£8,50006/240.11 mi360 Building, Rice Street, Manchester3
£2,30005/240.13 miWhitworth Street West, Manchester3
£3,15002/240.15 mi-3
£2,75005/240.15 miCastle Wharf, 2A Chester Road, Manchester, M153
£2,19505/240.16 miRiverside Mews Castlefield3
£2,19505/240.16 miRiverside Mews Castlefield3
£1,60003/250.16 mi-3
£2,30005/240.16 miAxis Tower, Whitworth Street West, Manchester City Centre, Manchester, M13
£10,00005/240.17 miSt. John Street, Manchester3
£2,60005/240.19 mi9 Owen Street, Manchester, Lancashire3
£2,95005/240.2 miDeansgate Square, Manchester3
£3,10005/240.21 miSouth Tower, 9 Owen Street, Manchester, M153
£2,70005/240.21 miSouth Tower, 9 Owen Street, Manchester, M153
£3,99505/240.21 miGreat Northern Tower 20th Floor, Watson Street, Manchester3
£3,30005/240.22 miEast Tower, Owen Street3
£2,60005/240.22 miEast Tower, Owen Street, M153
£3,20005/240.22 miDeansgate Square, Owen Street Manchester M153
£3,50005/240.22 miEast Tower, Owen Street, Manchester3
£2,70006/240.22 miEast Tower, Owen Street, M153
£3,30005/240.22 miEast Tower, Owen Street, Manchester3
£3,25005/240.22 miThree60, New Jackson3
£3,50006/240.22 miThree60, Silvercroft Street, Manchester3
£1,90005/240.24 miMedlock Place, Manchester3
£2,70005/240.25 miThree60, Manchester, Greater Manchester, M153
£2,90005/240.25 miThree60, Manchester, Greater Manchester, M153
£3,00006/240.25 miThree60, Manchester, Greater Manchester, M153
£3,30006/240.25 miThree60, Manchester, Greater Manchester, M153
£3,30006/240.25 miThree60, Silvercroft Street, Manchester, Greater Manchester, M153
£3,20005/240.25 miThe Blade, Great Jackson Street3
£2,80005/240.25 miThe Blade, Great Jackson Street3
£2,65005/240.25 miVictoria Residence, Silvercroft Street, Manchester, M153
£2,80005/240.26 miElizabeth Tower, City Centre, M153
£4,00005/240.26 miManchester , M15 4ZN3
£2,10012/240.26 mi-3
£3,50012/240.26 mi-3
£3,50005/240.26 miCrown Street, Manchester, M153
£15,00005/240.26 miThe Blade, Great Jackson3
£2,15005/240.27 miCity Gate 1, Blantyre Street, Castlefield3
£2,15006/240.27 miCity Gate 1, Blantyre Street, Castlefield3
£1,75005/240.27 mi-3
£2,10003/250.27 mi-3
£3,00005/240.27 miBlade Tower, 15 Silvercroft Street, Manchester M15 4YW3
£2,75005/240.27 miThe Blade, M153
£2,60006/240.27 miThe Blade, M153
£2,50002/250.28 mi-3
£2,50002/250.28 mi-3

Local Area Statistics

Population in M3

11,725

Population in Salford

88,697

Town centre distance

2.93 miles away

Nearest school

0.30 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-15%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £200,000

March 11, 2025

Description

A purpose built apartment in Castlefield available both vacant and chain free.

Located just off Deansgate making this both a handy location and very popular, this apartment consists of a generous open plan living room/kitchen diner with integrated appliances.

To the basement floor are three good sized bedrooms along with a family/main bathroom. The main bedroom benefits from the use of an en suite bathroom as well.

Leasehold Expires 25/03/2171
Management Company Wildheart.
Service Charge: £1,408.07 Per Annum
Ground Rent: Nil

Agent Details

Bridgfords, Manchester

0161 524 4219

Next Steps?

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