RW Invest says ..
Luxury 1-bed apartment in Manchester's Greengate suburb, offering projected 6% returns and excellent growth potential.
Property Oracle says ..
The property is a 1-bedroom apartment located in Salford, Greater Manchester. The location benefits from being close to several train stations, including Manchester Victoria (0.57km), Salford Central (0.89km), and Deansgate (1.45km), providing convenient access to Manchester city centre and beyond. Several schools are also within a reasonable distance, although Ofsted ratings are not provided for all of them. The apartment itself appears modern and well-maintained based on the provided images. However, the plot size is 0.00 sqft, indicating a lack of outdoor space. Considering the average price per sqft in the area is £435 and the property is listed at £200,000 with 470 sqft, the price seems slightly below average but comparable to other similar 1-bedroom apartments in the Embankment Exchange development. The fact that other similar apartments are listed at similar or slightly higher prices suggests that the listed price may be reasonable, especially given the modern amenities and convenient location.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 470.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 352,520.00 £Increased by 60.35 %
- Est sale value
- 266,490.00 £Increased by 75.54 %
- Average area rental value
- 1,504.00 £/moIncreased by 8.59 %
- Est letting value
- 940.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.12 %Decreased by 32.28 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chetham'S School Of Music | Other Independent School | 0.49 KM | |
| Abbey College Manchester | Other Independent School | 0.73 KM | |
| The Cooperative College | Miscellaneous | 0.93 KM | |
| Cheetwood Primary School | Community School | Good | 1.03 KM |
| The Friars Primary School | Community School | Requires improvement | 1.24 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Gorton Street | £ 0 | 0 | 0.00 KM |
| Gorton Street | £ 0 | 0 | 0.00 KM |
| Victoria Bridge Street | £ 0 | 0 | 0.00 KM |
| Boond Street | £ 0 | 0 | 0.00 KM |
| Sandywewll Lane | £ 500,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Victoria | 2970 | MCV | 0.57 KM |
| Salford Central | 2798 | SFD | 0.89 KM |
| Deansgate | 2963 | DGT | 1.45 KM |
| Manchester Oxford Road | 2966 | MCO | 1.56 KM |
| Manchester Piccadilly | 2968 | MAN | 2.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Embankment Exchange, Manchester | £ 399,950 | BUY | 5 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 209,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 250,000 | BUY | Unknown | 0.00 KM |
| Embankment Exchange, Manchester | £ 189,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 179,950 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Bridgewater Street | £ 368,592 | 0.16 KM |
| 6 Evans Street | £ 261,000 | 0.49 KM |
| 1 Evans Street | £ 30,000 | 0.49 KM |
| 22 Evans Street | £ 37,500 | 0.49 KM |
| 29 Evans Street | £ 145,000 | 0.49 KM |