2 Bed Flat, Single Let, Salford, M7 2LP, £165,000

Broughton Place, 266 Lower Broughton Rd, Salford, Greater Manchester, M7 2LP - 10 days ago

Leasehold
BTL
ROI: 4%
~68 m²
+3 photos

ValuationUndervalued

Sold Prices£69.5K - £276.5K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£175,649
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£589 - £1,500

Rent Estimate

£890

Running Costs/mo

£714

Cashflow/mo

£176

Cashflow/yr

£2,117

ROI

4%

Gross Yield

6%

Local Sold Prices

41 sold prices from £69.5K to £276.5K, average is £131.5K. £1.1K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£145K05/230.52 mi16, Trentham Lawns, Salford, Greater Manchester M6 6QN2
£100K03/210.6 mi76, Velour Close, Salford, Greater Manchester M3 6AP2
£100K03/210.61 mi76, Velour Close, Salford, Greater Manchester M3 6AP2
£110K09/210.61 mi44, Velour Close, Salford, Greater Manchester M3 6AP2
£131K06/210.61 mi88, Velour Close, Salford, Greater Manchester M3 6AP2
£120K01/230.61 mi3, Betula Grove, Salford, Greater Manchester M7 2AB2
£125K12/220.62 mi65, Blackburn Street, Salford, Greater Manchester M3 6AS2
£134K11/200.62 mi53, Blackburn Street, Salford, Greater Manchester M3 6AS2
£125K10/200.62 mi59, Blackburn Street, Salford, Greater Manchester M3 6AS2
£120K04/210.66 mi25, Chiffon Way, Salford, Greater Manchester M3 6AB2
£132.5K03/210.66 mi1, Angora Drive, Salford, Greater Manchester M3 6AL2
£166K01/230.7 mi57, Linen Court, Salford, Greater Manchester M3 6JG2
£131.5K11/200.7 mi66, Linen Court, Salford, Greater Manchester M3 6JG2
£168K12/220.7 mi61, Linen Court, Salford, Greater Manchester M3 6JG2
£170K05/230.7 mi17, Linen Court, Salford, Greater Manchester M3 6JG2
£120K09/210.7 mi36, Angora Drive, Salford, Greater Manchester M3 6AR2
£135K02/230.7 mi38, Calico Close, Salford, Greater Manchester M3 6AH2
£125K08/210.7 mi44, Calico Close, Salford, Greater Manchester M3 6AH2
£160K09/220.78 mi6, St Albans Terrace, Manchester, Greater Manchester M8 8BZ2
£90K03/210.8 miFlat 78, The Peninsula Building, Kersal Way, Salford, Greater Manchester M7 3FT2
£108K07/230.81 miFlat 14, Grey Friar Court, Bridgewater Street, Salford, Greater Manchester M3 7LB2
£156K02/230.82 mi59, Waterloo Road, Manchester, Greater Manchester M8 8BY2
£105K07/230.86 miFlat 71, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST2
£72K11/210.86 miFlat 53, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST2
£96.5K04/210.86 miFlat 54, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST2
£69.5K03/240.86 miTilehurst Court, Flat 70, Kersal Way, Salford, Greater Manchester M7 3ST2
£71K11/200.86 miFlat 6, Tilehurst Court, Kersal Way, Salford, Greater Manchester M7 3ST2
£130K02/210.89 mi11, Georgette Drive, Salford, Greater Manchester M3 7AF2
£150K08/210.89 mi1, Georgette Drive, Salford, Greater Manchester M3 7AF2
£178K09/210.89 mi36, Bridgewater Street, Salford, Greater Manchester M3 7AS2
£166K07/230.89 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2
£166K07/230.89 mi19, Lockett Gardens, Salford, Greater Manchester M3 6BJ2
£170K06/230.9 mi22, Brotherton Drive, Salford, Greater Manchester M3 6BH2
£170K06/230.9 mi22, Brotherton Drive, Salford, Greater Manchester M3 6BH2
£140K11/200.92 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£167K03/210.92 miFlat 214, Canon Green Court, West King Street, Salford, Greater Manchester M3 7HA2
£150K05/230.93 mi12, Twillbrook Drive, Salford, Greater Manchester M3 7AR2
£111.2K10/230.94 mi21, Woolpack Green, Salford, Greater Manchester M6 7AY2
£276.5K02/210.96 miFlat 11, Old Court House, Encombe Place, Salford, Greater Manchester M3 6FJ2
£149K11/230.98 miFlat 16, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL2
£101K03/210.98 miFlat 2, Tower Grange, New Hall Road, Salford, Greater Manchester M7 4EL2

Local Rents

52 rents from £589/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00007/240.03 miLower Broughton Road, Salford, Greater Manchester, M72
£1,15005/240.04 miLower Broughton Road, Salford, Greater Manchester, M72
£1,20005/240.04 miLower Broughton Road, Salford, Greater Manchester, M72
£1,10005/240.08 miCrossbank, Salford2
£1,10003/240.08 miCrossbank, Salford2
£1,10003/240.08 miCrossbank, Salford2
£1,10003/240.08 miCrossbank, Salford2
£1,10005/240.08 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10005/240.08 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,10005/240.08 miCrossbank House, 300 Lower Broughton Road, Salford, M72
£1,19506/240.08 miCrossbank House, 300 Lower Broughton, Salford, M72
£1,10007/240.1 mi-2
£99502/250.1 mi-2
£99507/240.1 miGrecian Street, Salford2
£89507/240.1 mi-2
£95001/250.1 mi-2
£89006/240.11 mi-2
£89003/250.11 mi-2
£99701/250.11 mi-2
£99506/240.12 miGrecian Street2
£99502/240.14 mi-2
£1,48003/250.19 mi-2
£1,45002/250.21 mi-2
£1,39502/250.21 mi-2
£1,15012/240.24 mi-2
£1,20005/240.25 mi-2
£1,50001/250.25 mi-2
£1,19505/240.27 miEmpyrean, Salford, M72
£1,12705/240.27 mi4 Welford Street, Salford, M6 6BB2
£1,12705/240.27 mi32 Welford Street, Salford, M6 6BB2
£1,22505/240.28 miEmpyrean, Salford, M72
£1,19505/240.28 miEmpyrean, Salford, M7 1BQ2
£1,29507/240.28 miEmpyrean, Salford, M72
£1,00005/240.28 miDuke Street, Salford2
£1,00005/240.28 miDuke Street, Salford2
£96001/250.29 mi-2
£1,19505/240.31 miEmpyrean, Salford, M72
£1,05005/240.31 miBlandford Road, Salford, M62
£1,27507/240.32 miThe Vibe, Salford2
£1,27508/240.32 miThe Vibe, Salford2
£1,10005/240.35 miThe Vibe :: Salford2
£1,10001/250.35 mi-2
£95001/250.35 mi-2
£1,40003/250.36 mi-2
£58905/240.38 miFor people aged 21 and over who are working: Camp Street, Salford, Greater Manchester, M72
£95006/240.38 miCamp Street,Lower Broughton,Salford,M72
£1,19505/240.39 miEmpyrean, Salford, M72
£1,19506/240.39 miEmpyrean, Salford, M72
£1,17501/250.39 mi-2
£1,25003/240.39 miGreat Cheetham Street West, Salford, Greater Manchester, M72
£1,10005/240.4 mi-2
£1,10003/250.4 mi-2

Local Area Statistics

Population in M7

27,601

Population in Salford

88,697

Town centre distance

1.50 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+36%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Listed for £165,000

March 25, 2025

Floor Plans

Description

  • Two Bedroom Apartment +
  • 1st Floor +
  • Open Plan Living/Dining +
  • Fitted & Integrated Kitchen +
  • Modern Bathroom +
  • Gas Central Heating Throughout +

A fantastic two-bedroom apartment located in the development of Broughton Place. This property offers a fantastic internal size and high specification throughout. The well-proportioned apartment comprises of a entrance hallway, open plan lounge/kitchen, & two double bedrooms and main bathroom.

Situated within easy reach of the City Centre and Salford University, as well as providing great access to the motorway network and major transport links.

Service Charge £1,600 PA
Ground Rent £300 PA
999 Year Lease

Agent Details

QUBE Residential, Salford Quays

0161 524 8965

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪