RW Invest says ..
Stylish 1-bed apartment in Manchester's up-and-coming Greengate area. Generate 6% projected NET yields.
Property Oracle says ..
The property is a 1-bedroom apartment located in the Embankment Exchange development in Salford, Greater Manchester. The development is a modern, New York-style skyscraper with amenities such as a gym and spa. The apartment itself appears modern and well-maintained in the provided photos. While the plot size is 0 sqft, indicating no private outdoor space, the location offers proximity to several train stations (Manchester Victoria, Salford Central) and schools (Chetham’s School of Music, Cheetwood Primary School). The list price of £260,000 is slightly below the average price for the area (£308,777), and while the average price per sqft is higher (£435), the smaller size of this apartment may account for the lower price. Nearby comparable listings show similar 1-bed apartments in the same development ranging from £240,000 to £260,000, suggesting the list price is within the market range for this type of property.
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 | 0.69 KM | |
| Cheetwood Primary School | Community School | Good | 0.87 KM |
| Abbey College Manchester | Other Independent School | 0.93 KM | |
| The Friars Primary School | Community School | Requires improvement | 1.03 KM |
| The Cooperative College | Miscellaneous | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| East Reservoir Street | £ 485,000 | 0 | 0.00 KM |
| Sandywewll Lane | £ 500,000 | 0 | 0.00 KM |
| Boond Street | £ 0 | 0 | 0.00 KM |
| Gorton Street | £ 0 | 0 | 0.00 KM |
| Gorton Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Victoria | 2970 | MCV | 0.75 KM |
| Salford Central | 2798 | SFD | 0.81 KM |
| Deansgate | 2963 | DGT | 1.54 KM |
| Manchester Oxford Road | 2966 | MCO | 1.75 KM |
| Manchester Piccadilly | 2968 | MAN | 2.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Embankment Exchange, Manchester | £ 279,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 259,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 289,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 239,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 229,950 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 6 Evans Street | £ 261,000 | 0.28 KM |
| 7 Evans Street | £ 72,500 | 0.28 KM |
| 1 Evans Street | £ 30,000 | 0.28 KM |
| 22 Evans Street | £ 37,500 | 0.28 KM |
| 29 Evans Street | £ 145,000 | 0.28 KM |