Embankment Exchange, Manchester
RW

Embankment Exchange, Manchester

By RW Invest

£ 250,000

Reviews

3 out of 5 stars

RW Invest says ..

Luxurious 1-bedroom apartment in one of Manchester's most desirable locations, offering 6% projected NET returns.

Property Oracle says ..

The property is a 1-bedroom apartment located in the Embankment Exchange development in Salford’s Greengate area. The area benefits from excellent transport links, with Salford Central and Manchester Victoria train stations within walking distance. Several schools are also nearby, including Chetham’s School of Music and The Friars Primary School. The apartment itself appears modern and well-maintained, based on the provided images. However, the listing does not specify the exact size of the apartment, and the plot size is listed as 0.00 sqft, suggesting it is an apartment within a larger development. The list price of £250,000 seems slightly above average compared to other 1-bedroom apartments in the area, which are selling for between £179,950 and £300,000. However, the property benefits from modern amenities and a desirable location. Considering the average price per sqft in the area is £435, and this property is 350 sqft, the expected price would be approximately £152,250. The higher price could reflect the modern condition of the property and the amenities offered within the development.

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
6
Condition
9
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
350.00

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 %
from 219,842.00 £
Est sale value
198,450.00 £
Increased by 75.54 %
from 113,050.00 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
Chetham'S School Of MusicOther Independent School0.49 KM
Abbey College ManchesterOther Independent School0.73 KM
The Cooperative CollegeMiscellaneous0.93 KM
Cheetwood Primary SchoolCommunity SchoolGood1.03 KM
The Friars Primary SchoolCommunity SchoolRequires improvement1.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Gorton Street £ 000.00 KM
Gorton Street £ 000.00 KM
Victoria Bridge Street £ 000.00 KM
Boond Street £ 000.00 KM
Sandywewll Lane £ 500,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.57 KM
Salford Central2798SFD0.89 KM
Deansgate2963DGT1.45 KM
Manchester Oxford Road2966MCO1.56 KM
Manchester Piccadilly2968MAN2.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Embankment Exchange, Manchester £ 399,950BUY5 / 100.00 KM
Embankment Exchange, Manchester £ 209,950BUY6 / 100.00 KM
Embankment Exchange, Manchester £ 250,000BUYUnknown0.00 KM
Embankment Exchange, Manchester £ 189,950BUY6 / 100.00 KM
Embankment Exchange, Manchester £ 179,950BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
16 Bridgewater Street £ 368,5920.16 KM
6 Evans Street £ 261,0000.49 KM
1 Evans Street £ 30,0000.49 KM
22 Evans Street £ 37,5000.49 KM
29 Evans Street £ 145,0000.49 KM