West One, Manchester
RW

West One, Manchester

By RW Invest

£ 240,000

Reviews

2 out of 5 stars

RW Invest says ..

1-bed apartment in new energy-efficient Manchester development. Generate projected 6% NET rental returns.

Property Oracle says ..

The property is a new one-bedroom apartment located in Salford, Greater Manchester. The apartment is part of a new development in the West One area, which is undergoing regeneration. While the provided images showcase a modern and well-finished interior, the lack of plot size information and the absence of details regarding exterior spaces limit a comprehensive assessment. The location benefits from proximity to several schools, including St Luke’s Cofe Primary School and All Hallows Rc High School, both rated “Good” by Ofsted. Several train stations are also within a reasonable distance, offering convenient transportation links. However, the average property price in the area is significantly higher than the listed price of this apartment, suggesting a potential undervaluation. Considering the average price per square foot in the area, the listed price for this property appears to be quite low compared to other properties in the area. Further investigation into the specifics of the development and any associated fees or charges would be necessary to fully evaluate the value proposition.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
9
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
378.00

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 %
from 498,335.00 £
Est sale value
134,946.00 £
Decreased by 24.36 %
from 178,416.00 £
Average area rental value
1,925.00 £/mo
Increased by 20.01 %
from 1,604.00 £/mo
Est letting value
378.00 £/mo
Unchanged by 0.00 %
from 378.00 £/mo
Est rental Yield
6.29 %
Increased by 62.95 %
from 3.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
St Luke'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.78 KM
All Hallows Rc High SchoolVoluntary Aided SchoolGood1.03 KM
Buile Hill AcademyAcademy ConverterRequires improvement1.40 KM
Langworthy Children'S CentreChildren's Centre Linked Site1.59 KM
Salford City CollegeFurther EducationGood1.60 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Foster Street £ 000.00 KM
Lance Todd Close £ 000.00 KM
Mode Wheel Road £ 000.00 KM
Outfield Close £ 000.00 KM
Parkfield £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Eccles (Manchester)2950ECC2.60 KM
Trafford Park2969TRA3.08 KM
Manchester United Football Ground2996MUF3.20 KM
Humphrey Park2937HUP3.83 KM
Salford Crescent2794SLD3.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
West One, Manchester £ 249,950BUYUnknown0.00 KM
West One, Manchester £ 200,000BUY6 / 100.00 KM
West One, Manchester £ 424,950BUY6 / 100.00 KM
West One, Manchester £ 250,000BUY7 / 100.00 KM
West One, Manchester £ 424,950BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
5 Hazel Grove £ 70,0000.11 KM
7 Hazel Grove £ 65,0000.11 KM
7 Laurel Grove £ 66,2270.20 KM
5 Laurel Grove £ 170,0000.20 KM
43 Tootal Road £ 250,0000.21 KM