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, as evidenced by the modern architecture and interior design shown in the provided images. While the listing mentions projected rental returns, this analysis focuses solely on the property itself. The location benefits from proximity to several train stations (Eccles, Trafford Park, Salford Crescent) within a 4km radius, offering convenient access to public transportation. There are also several schools within a reasonable distance, including St Luke’s Cofe Primary School and All Hallows Rc High School, both rated “Good” by Ofsted. The apartment itself appears to be in excellent condition based on the images, featuring modern fixtures and finishes. However, a significant drawback is the lack of private outdoor space, as the plot size is listed as 0.00 sqft. Considering the average price per sqft in the area is £606, and the average property price is significantly higher (£732,497) than the listed price of £424,950, the price may seem reasonable, especially considering the modern amenities and convenient location. However, the lack of land is a considerable factor to weigh against this.
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
- 7
- Condition
- 9
- Location
- 8
- Land
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 560.00
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
- 199,920.00 £Decreased by 24.36 %
- Average area rental value
- 1,925.00 £/moIncreased by 20.01 %
- Est letting value
- 560.00 £/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 | £ 249,950 | BUY | Unknown | 0.00 KM |
| West One, Manchester | £ 200,000 | 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 | £ 399,950 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Hazel Grove | £ 65,000 | 0.11 KM |
| 5 Hazel Grove | £ 70,000 | 0.11 KM |
| 7 Laurel Grove | £ 66,227 | 0.20 KM |
| 5 Laurel Grove | £ 170,000 | 0.20 KM |
| 51 Tootal Road | £ 20,000 | 0.21 KM |