RW Invest says ..
Spacious 3-bedroom apartment in desirable Salford location. Projected 6% NET yields and excellent growth.
Property Oracle says ..
The property is a 3-bedroom, 3-bathroom apartment located in Salford, Greater Manchester. The apartment is part of a new development, and the photos show modern, well-maintained interiors. While the plot size is listed as 0.00 sqft, the building features a communal garden area, as seen in the provided images. The location is close to several train stations (Eccles, Trafford Park, Salford Crescent etc.), offering convenient access to Manchester city centre. There are also several schools within a reasonable distance, including St Luke’s Cofe Primary School and All Hallows RC High School, both rated as “Good” by Ofsted. The list price of £450,000 seems relatively high compared to the average price per sqft in the area (£606), especially considering the smaller size (773.46 sqft) of this apartment and the lack of private outdoor space. However, the property’s modern condition, desirable location, and proximity to amenities might justify a higher price per sqft than the average, although a detailed comparison with similar properties in the area would be needed for a more precise assessment. Nearby listings show a range of prices for apartments in West One, Manchester, with some significantly lower and others slightly higher than the subject property. This suggests that the price may be at the higher end of the market for this type of property in this specific location.
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
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 773.46
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
- 276,125.22 £Decreased by 24.36 %
- Average area rental value
- 1,925.00 £/moIncreased by 20.01 %
- Est letting value
- 773.46 £/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 | £ 425,000 | BUY | 6 / 10 | 0.00 KM |
| West One, Manchester | £ 424,950 | BUY | 6 / 10 | 0.00 KM |
| West One, Manchester | £ 250,000 | BUY | 5 / 10 | 0.00 KM |
| West One, Manchester | £ 450,000 | BUY | 5 / 10 | 0.00 KM |
| West One, Manchester | £ 230,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Hazel Grove | £ 70,000 | 0.11 KM |
| 7 Hazel Grove | £ 65,000 | 0.11 KM |
| 5 Laurel Grove | £ 170,000 | 0.20 KM |
| 7 Laurel Grove | £ 66,227 | 0.20 KM |
| 43 Tootal Road | £ 250,000 | 0.21 KM |