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 %
- Est sale value
- 198,450.00 £Increased by 75.54 %
- Average area rental value
- 1,504.00 £/moIncreased by 8.59 %
- Est letting value
- 700.00 £/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 |