2 Bed Terraced House, Single Let, Salford, M6 5WB, £210,000

Reservoir Street, Salford, M6 5WB - 10 days ago

Leasehold

BTL

~68 m²

+12 photos

ValuationOvervalued

Sold Prices	£75K - £222K
Sold Prices/m²	£1.1K/m² - £3.8K/m²

Square Metres	~68.11 m²
Price/m²	£3.1K/m²
Value Estimate	£156,450£156,450

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£52,500£52,500
Stamp Duty & Legal Fees	£11,700£11,700
Total Cash In	£64,200£64,200

Cash Out
Rent Range	£795 - £1,850£795 - £1,850
Rent Estimate	£823
Running Costs/mo	£841£841
Cashflow/mo	£-18£-18
Cashflow/yr	£-214£-214
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £75K to £222K, average is £166.8K. £1.1K/m² to £3.8K/m², average is £2.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£160K	03/21	0.01 mi	15, Reservoir Street, Salford, Greater Manchester M6 5WB	-	-	2	Terraced House
£222K	08/23	0.01 mi	28, Reservoir Street, Salford, Greater Manchester M6 5WB	-	-	2	Terraced House
£195K	10/23	0.01 mi	42, Reservoir Street, Salford, Greater Manchester M6 5WB	£3,197	61	2	Terraced House
£216K	03/23	0.02 mi	20, Field Street, Salford, Greater Manchester M6 5EY	£2,571	84	2	Terraced House
£185K	12/20	0.02 mi	18, Field Street, Salford, Greater Manchester M6 5EY	£2,761	67	2	Terraced House
£205K	11/23	0.02 mi	14, Field Street, Salford, Greater Manchester M6 5EY	£1,864	110	2	Terraced House
£188K	02/24	0.02 mi	4, Ash Street, Salford, Greater Manchester M6 5NA	£2,725	69	2	Terraced House
£195K	06/23	0.02 mi	26, Ash Street, Salford, Greater Manchester M6 5NA	£2,770	70	2	Terraced House
£165K	03/21	0.02 mi	24, Ash Street, Salford, Greater Manchester M6 5NA	-	-	2	Terraced House
£220K	01/23	0.03 mi	10, Alder Street, Salford, Greater Manchester M6 5ND	£2,500	88	2	Terraced House
£180K	02/24	0.04 mi	69, Ash Street, Salford, Greater Manchester M6 5WA	£2,612	69	2	Terraced House
£200K	08/23	0.04 mi	37, Ash Street, Salford, Greater Manchester M6 5WA	£3,384	59	2	Terraced House
£211K	12/23	0.04 mi	1, Ash Street, Salford, Greater Manchester M6 5WA	£2,605	81	2	Terraced House
£172K	08/21	0.04 mi	14, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,048	84	2	Terraced House
£200K	11/22	0.04 mi	51, Laburnum Street, Salford, Greater Manchester M6 5LZ	£3,833	52	2	Terraced House
£157K	07/21	0.04 mi	57, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,259	70	2	Terraced House
£165K	02/21	0.04 mi	9, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,578	64	2	Terraced House
£165K	10/21	0.04 mi	58, Laburnum Street, Salford, Greater Manchester M6 5LZ	£3,056	54	2	Terraced House
£162K	03/21	0.04 mi	56, Laburnum Street, Salford, Greater Manchester M6 5LZ	£2,335	69	2	Terraced House
£188K	02/24	0.04 mi	62, Laburnum Street, Salford, Greater Manchester M6 5LZ	£3,481	54	2	Terraced House
£165K	06/21	0.05 mi	53, Alder Street, Salford, Greater Manchester M6 5WD	-	-	2	Terraced House
£185K	04/21	0.07 mi	15, Jubilee Street, Salford, Greater Manchester M6 5EP	£1,853	100	2	Terraced House
£133K	12/20	0.07 mi	78, Highfield Road, Salford, Greater Manchester M6 5LA	£2,463	54	2	Terraced House
£180K	12/22	0.07 mi	102, Highfield Road, Salford, Greater Manchester M6 5LA	£3,214	56	2	Terraced House
£127K	03/21	0.09 mi	120, Fitzwarren Street, Salford, Greater Manchester M6 5RS	-	-	2	Terraced House
£104K	03/21	0.13 mi	66, Nansen Street, Salford, Greater Manchester M6 5QH	-	-	2	Terraced House
£185K	07/23	0.14 mi	25, Keswick Grove, Salford, Greater Manchester M6 5LR	£2,500	74	2	Terraced House
£148K	03/23	0.14 mi	39, Duchy Street, Salford, Greater Manchester M6 5LS	£1,682	88	2	Terraced House
£146.5K	05/21	0.14 mi	22, Jones Street, Salford, Greater Manchester M6 5LP	£1,970	74	2	Terraced House
£75K	02/21	0.19 mi	5, Norway Street, Salford, Greater Manchester M6 5GD	£1,087	69	2	Terraced House
£105K	03/21	0.19 mi	20, Fram Street, Salford, Greater Manchester M6 5GB	£1,944	54	2	Terraced House
£169K	07/23	0.19 mi	17, Alpha Street, Salford, Greater Manchester M6 5JY	£2,224	76	2	Terraced House
£153K	11/20	0.2 mi	4, Woodgrange Close, Salford, Greater Manchester M6 5PD	£2,125	72	2	Terraced House
£173.5K	04/23	0.21 mi	4, Springwell Close, Salford, Greater Manchester M6 5PB	£2,991	58	2	Terraced House
£170K	05/24	0.23 mi	6, Horsham Street, Salford, Greater Manchester M6 5QS	£2,179	78	2	Terraced House
£142.5K	02/21	0.23 mi	26, Horsham Street, Salford, Greater Manchester M6 5QS	£1,851	77	2	Terraced House
£152K	07/21	0.23 mi	12, Milford Street, Salford, Greater Manchester M6 5GQ	-	-	2	Terraced House
£148K	12/20	0.23 mi	4, Milford Street, Salford, Greater Manchester M6 5GQ	£1,638	90	2	Terraced House
£165K	06/23	0.24 mi	10, Hersey Street, Salford, Greater Manchester M6 5GT	£2,115	78	2	Terraced House
£166.5K	02/21	0.24 mi	4, Haven Street, Salford, Greater Manchester M6 5QR	£1,435	116	2	Terraced House
£180K	10/22	0.25 mi	42, Grange Street, Salford, Greater Manchester M6 5PR	£2,069	87	2	Terraced House
£152.5K	10/20	0.26 mi	9, Edmund Street, Salford, Greater Manchester M6 5WQ	£1,733	88	2	Terraced House
£200K	01/23	0.26 mi	14, Edmund Street, Salford, Greater Manchester M6 5WQ	-	-	2	Terraced House
£135K	11/20	0.26 mi	54, Langton Street, Salford, Greater Manchester M6 5PU	£1,467	92	2	Terraced House
£185K	04/21	0.26 mi	6, Lower Seedley Road, Salford, Greater Manchester M6 5WL	-	-	2	Terraced House
£157.5K	08/21	0.26 mi	24, Lower Seedley Road, Salford, Greater Manchester M6 5WL	£3,088	51	2	Semi-Detached House
£126K	10/21	0.27 mi	6, Alpha Street West, Salford, Greater Manchester M6 5NR	-	-	2	Terraced House
£144K	01/21	0.27 mi	10, Alpha Street West, Salford, Greater Manchester M6 5NR	£1,600	90	2	Terraced House
£188K	08/23	0.28 mi	16, Newport Street, Salford, Greater Manchester M6 5TW	£2,380	79	2	Terraced House
£167K	11/20	0.29 mi	22, Cardigan Street, Salford, Greater Manchester M6 5QT	£1,687	99	2	Terraced House

Local Rents

51 rents from £795/mo to £1.9K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,150	03/24	0.01 mi	Reservoir Street, Manchester, Greater Manchester, M6	2	Terraced House
£1,150	12/24	0.01 mi	-	2	Terraced House
£1,250	05/24	0.01 mi	Field Street, Chimney Pot Park, Salford	2	Terraced House
£1,350	05/24	0.01 mi	-	2	Terraced House
£1,350	03/25	0.02 mi	-	2	Terraced House
£1,200	05/24	0.02 mi	Reservoir Street, Salford, Greater Manchester, M6	2	Terraced House
£1,200	05/24	0.02 mi	Reservoir Street, Salford, Greater Manchester, M6	2	Terraced House
£1,150	01/25	0.03 mi	-	2	Terraced House
£1,200	05/24	0.03 mi	Alder Street, Salford, M6	2	Terraced House
£1,100	05/24	0.03 mi	Alder Street, Salford, M6	2	Terraced House
£1,250	05/24	0.03 mi	-	2	Terraced House
£1,250	02/25	0.03 mi	-	2	Terraced House
£1,100	05/24	0.04 mi	Laburnum Street, Salford, M6	2	Terraced House
£1,100	03/24	0.04 mi	Laburnum Street, Manchester, Greater Manchester, M6	2	Terraced House
£1,300	05/24	0.05 mi	Laburnum Street, Salford	2	Terraced House
£1,195	02/24	0.05 mi	-	2	Terraced House
£1,145	12/24	0.05 mi	-	2	Terraced House
£1,200	03/25	0.05 mi	-	2	Terraced House
£1,200	05/24	0.05 mi	-	2	Terraced House
£1,150	05/24	0.07 mi	-	2	Terraced House
£1,200	05/24	0.08 mi	Ash Street, Salford	2	Terraced House
£1,100	05/24	0.09 mi	88 Langworthy Road, Manchester, Greater Manchester, M6	2	Terraced House
£1,100	01/25	0.11 mi	-	2	Terraced House
£975	05/24	0.12 mi	Langworthy Road, Salford	2	Flat
£1,000	05/24	0.12 mi	Nansen Street, Salford, M6	2	Terraced House
£1,150	05/24	0.13 mi	-	2	Terraced House
£1,000	05/24	0.13 mi	Bronte Court, Rosehill Close, SALFORD, M6	2	Flat
£1,100	05/24	0.14 mi	Liverpool Street, Pendleton One, Salford, Lancashire, M6	2	Flat
£1,050	12/24	0.15 mi	-	2	Terraced House
£1,050	06/24	0.15 mi	Nansen Street, Salford, M6	2	Terraced House
£950	05/24	0.16 mi	Keswick Grove, Salford, Greater Manchester, M6	2	Terraced House
£1,450	12/24	0.17 mi	-	2	Terraced House
£1,200	06/24	0.17 mi	-	2	Terraced House
£1,200	05/24	0.17 mi	Blodwell Street, Manchester, M6	2	Terraced House
£1,850	05/24	0.18 mi	-	2	Flat
£1,400	05/24	0.18 mi	Block C Alto, Sullivan Way, M3 6GD	2	Flat
£950	05/24	0.18 mi	Spring Gardens, Salford, M6	2	Terraced House
£1,100	06/24	0.19 mi	-	2	Terraced House
£900	05/24	0.19 mi	Spring Gardens, Salford	2	Terraced House
£1,100	06/24	0.19 mi	Brown Street, Salford, M6	2	Terraced House
£997	05/24	0.24 mi	12 Hersey St, Salford, M6 5GT	2	Flat
£900	03/25	0.24 mi	-	2	Terraced House
£1,400	02/25	0.25 mi	-	2	Terraced House
£900	05/24	0.25 mi	Grange Street, Salford	2	Terraced House
£1,199	03/25	0.26 mi	-	2	Terraced House
£1,100	01/25	0.26 mi	-	2	Terraced House
£1,200	12/24	0.28 mi	-	2	Flat
£850	12/24	0.28 mi	-	2	Flat
£795	12/24	0.28 mi	-	2	Flat
£1,300	05/24	0.28 mi	-	2	Terraced House
£1,200	02/25	0.29 mi	-	2	Semi-Detached House

Local Area Statistics

Population in M6	31,26831,268
Population in Salford	88,69788,697
Town centre distance	1.42 miles away1.42 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.37 miles away0.37 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+32%+32%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+58%+58%

Property History

Listed for £210,000

March 26, 2025

Floor Plans

Description

Recently Refurbished Two Bedroom Property on the Popular 'Chimney Pot Park' Development +
Two Double Bedroom on the Ground Floor in the 'Upside Down' Style +
Main Bedroom Benefits from a Lightwell +
Modern Three-Piece Bathroom Complete with a 'Sunken' Bath +
Large Kitchen Diner with Sliding Doors to the Rear +
Cosy Lounge on the Top Floor Complete with a 'Chimney' Style Lightwell +
Benefits from a Private Parking Space +
Garden Terrace to the Rear with Decking and Paving +
Within Walking Distance of Salford Quays & Media City +
Close to Langworthy Road Tram Stop, which Provides Direct Access into Manchester City Centre +

RECENT COMPLETE REFURBISHMENT Take a look at this fantastic, two bedroom property on the sought-after ‘Chimney Pot Park’ development - within walking distance of Salford Quays & Media City! This development is popular because of its quirky style, modern finishes and its great location! As you enter the property you head into the welcoming entrance hallway. In the typical ‘upside down’ style of this development, you will find two double bedrooms on the ground floor, with the main bedroom benefitting from a lightwell. You will also find a modern, three-piece bathroom with a ‘sunken’ bath. Upstairs, on the first floor there is a large kitchen diner, complete with new flooring and sliding doors that lead out onto the garden terrace at the rear. On the top floor, there is a cosy lounge that is ideal for relaxing at the end of a long day. This room benefits from a ‘chimney’ style lightwell. Additionally, there is a private, on street parking space. Within walking distance of Salford Quays & Media City, the development benefits from close access to a fine array of bars, shops and restaurants. It is also just a short walk from Langworthy tram stop, which provides direct access into Manchester City Centre. It would be a great first time home or investment - get in touch to secure your viewing today!

EPC Rating: C