RW Invest says ..
Stylish 3-bedroom apartment with 6% NET rental returns and luxury onsite facilities.
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, West One, and benefits from modern fixtures and fittings, as seen in the provided images. While the images showcase a high-quality finish and modern design, the lack of information regarding the plot size (0.00 sqft) suggests it is likely an apartment with limited or no private outdoor space. The location in Salford is a growing area with nearby transportation links, and schools. However, the average house price in the area is significantly higher (732,497) than the listed price of this property (399,950). Nearby comparable properties are also predominantly apartments, with prices ranging from 199,950 to 450,000. The average price per sqft in the area is 606.00, while this property is listed at a lower price per sqft given its size (836 sqft). This discrepancy requires further investigation to determine if the list price accurately reflects the market value. Considering the modern condition, location, and lower price compared to the average, this property could be a good value for money, especially for first-time buyers or investors.
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
- 8
- Condition
- 9
- Location
- 7
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 836.00
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
- 298,452.00 £Decreased by 24.36 %
- Average area rental value
- 1,925.00 £/moIncreased by 20.01 %
- Est letting value
- 836.00 £/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 | £ 200,000 | BUY | 6 / 10 | 0.00 KM |
| West One, Manchester | £ 399,950 | 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 |
|---|---|---|
| 5 Hazel Grove | £ 70,000 | 0.11 KM |
| 7 Hazel Grove | £ 65,000 | 0.11 KM |
| 7 Laurel Grove | £ 66,227 | 0.20 KM |
| 5 Laurel Grove | £ 170,000 | 0.20 KM |
| 41 Tootal Road | £ 100,000 | 0.21 KM |