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2 Bed Flat, Potential PLO/LOA, Salford, M5 5AE £58,000

Reeves Court, Salford, M5 5AE - a month ago
  1. Deal Search
  2. Salford
  3. M5
  4. M5 5AE
Leasehold
Auction
Negative Equity
ROI: 27%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Price changed to £58,000

November 15, 2025

Listed for £61,000

-43%

November 7, 2025

Sold for £87,000

2005

Sold for £55,000

2003

Floor Plans

Description

  • TO BE SOLD UNDER AUCTION TERMS +
  • INVESTMENT OPPORTUNITY +
  • CURRENTLY ON A ROLLING TENANCY +
  • REPORTEDLY ACHIEVING £10,800 PER ANNUM +
  • TWO BEDROOM APARTMENT +
  • CENTRAL SALFORD LOCATION +

TO BE SOLD BY ONLINE AUCTION ON 3RD DECEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

Flat 36 Reeves Court, Canterbury Gardens, Salford M5 5AE

A great opportunity for buyers looking for an apartment in central Salford. Currently tenanted on a rolling contract and reportedly achieving £900 pcm.

This TWO-bedroom apartment offers TWO double bedrooms, a kitchen and reception room. The apartment is well positioned close to Salford Royal Hospital, Ladywell tram stop, M602 motorway links, Salford Quays/Media City, and West One Retail Park.

* VIRTUAL TOUR COMING SOON *

Comparable sales in the area include: Flat 10, Squires Court, Canterbury Gardens, Salford, M5 5AD Sold - 17/01/2025 £140,000 0.00 mi Apartment 245, Ladywell Point, Pilgrims Way, Salford, M50 1AZ Sold - 31/01/2025 £130,000 0.11 mi Flat 48, Squires Court, Canterbury Gardens, Salford, M5 5AD Sold - 20/05/2024 £110,000 0.00 mi

This is a competitively priced apartment in a well-connected location. Don’t miss out on this opportunity!

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

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

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Cashflows

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