RW Invest says ..
Invest in this 3-bed apartment in an exciting new Manchester development, with projected NET returns of 6%.
Property Oracle says ..
The property is a 3-bedroom apartment located in Salford, Greater Manchester. The location benefits from being relatively close to several primary and secondary schools, with St Luke’s Cofe Primary School being the closest at 0.78km. Transport links appear good with several train stations within a 4km radius. The property itself is a new build apartment, appearing modern and well-maintained in the provided images. The apartment has a communal garden area, however, there is no private garden. The list price is significantly lower than the average price for the area (£424,950 vs £732,497). However, the average property size in the area is also much larger at 1,208 sqft, compared to this property’s 788 sqft. Considering the smaller size and lack of private outdoor space, the price may be reasonable for a new build apartment in this location. More information on the specifics of the building and amenities would be needed to make a more informed judgment.
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
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 788.00
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
- 367,000.00 £Decreased by 26.35 %
- Est sale value
- 281,316.00 £Decreased by 24.36 %
- Average area rental value
- 1,925.00 £/moIncreased by 20.01 %
- Est letting value
- 788.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.29 %Increased by 62.95 %
- Crime Rate
- 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Luke'S Cofe Primary School | Voluntary Controlled School | Good | 0.78 KM |
| All Hallows Rc High School | Voluntary Aided School | Good | 1.03 KM |
| Buile Hill Academy | Academy Converter | Requires improvement | 1.40 KM |
| Langworthy Children'S Centre | Children's Centre Linked Site | 1.59 KM | |
| Salford City College | Further Education | Good | 1.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Foster Street | £ 0 | 0 | 0.00 KM |
| Lance Todd Close | £ 0 | 0 | 0.00 KM |
| Mode Wheel Road | £ 0 | 0 | 0.00 KM |
| Outfield Close | £ 0 | 0 | 0.00 KM |
| Parkfield | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Eccles (Manchester) | 2950 | ECC | 2.60 KM |
| Trafford Park | 2969 | TRA | 3.08 KM |
| Manchester United Football Ground | 2996 | MUF | 3.20 KM |
| Humphrey Park | 2937 | HUP | 3.83 KM |
| Salford Crescent | 2794 | SLD | 3.94 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| West One, Manchester | £ 249,950 | BUY | Unknown | 0.00 KM |
| West One, Manchester | £ 200,000 | BUY | 6 / 10 | 0.00 KM |
| West One, Manchester | £ 424,950 | BUY | 6 / 10 | 0.00 KM |
| West One, Manchester | £ 250,000 | BUY | 7 / 10 | 0.00 KM |
| West One, Manchester | £ 424,950 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Hazel Grove | £ 65,000 | 0.11 KM |
| 5 Hazel Grove | £ 70,000 | 0.11 KM |
| 7 Laurel Grove | £ 66,227 | 0.20 KM |
| 5 Laurel Grove | £ 170,000 | 0.20 KM |
| 43 Tootal Road | £ 250,000 | 0.21 KM |