6 Bed HMO, Salford, M6 7EL, £325,000





ValuationFair Value
Sold Prices | £306K - £1.2M |
Sold Prices/m² | £1.3K/m² - £4K/m² |
| |
Square Metres | 179 m² |
Price/m² | £1.8K/m² |
Value Estimate | £325,000 |
| |
End Value (After Refurb) | £420,855 |
Uplift in Value | +29% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £81,250 |
Stamp Duty & Legal Fees | £21,200 |
Refurb Costs | £75,889 |
Bridging Loan Interest | £8,531 |
Total Cash In | £188,620 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £420,855 |
Mortgage (After Refinance) | £315,641 |
Mortgage LTV | 75% |
Cash Released | £71,891 |
Cash Left In | £116,729 |
Equity | £105,214 |
Room Rate | £615 |
Gross Rent | £3,690 |
Running Costs/mo | £2,788 |
Cashflow/mo | £902 |
Cashflow/yr | £10,818 |
ROI | 6% |
Gross Yield | 14% |
Local Sold Prices
30 sold prices from £306K to £1.2M, average is £520K. £1.3K/m² to £4K/m², average is £2.7K/m².
Local Area Statistics
Population in M6 | 31,268 |
Population in Salford | 88,697 |
Town centre distance | 0.69 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.92 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +32% |
Sales demand | Seller's market |
Capital growth (5yrs) | +58% |
Property History
Listed for £325,000
March 11, 2025
Floor Plans

Description
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