West One, Manchester
Nexus Residential logo

West One, Manchester

By Nexus Residential

£ 220,000

Reviews

3 out of 5 stars

Nexus Residential says ..

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

Property Oracle says ..

The property is a 1-bedroom apartment located in West One, Manchester, Salford. The apartment is part of a new development, as evidenced by the architectural renderings. The images show a modern, well-presented interior with a contemporary design. The apartment includes a modern kitchen and bathroom. The development also features communal outdoor space, including a courtyard and rooftop garden. This is a positive aspect, offering residents access to green space. The location in Salford, specifically Weaste & Seedley, places it relatively close to several amenities. Nearby schools include St Luke’s Cofe Primary School and All Hallows Rc High School, both rated ‘Good’ by Ofsted. Public transportation options are available within a reasonable distance, with several train stations accessible. The list price of £220,000 for a 366 sq ft apartment is significantly lower than the average price for the area (£732,497) and the average price per sq ft (£606). However, it’s important to note that the average price and price per sq ft are likely influenced by larger properties, and this is a smaller 1-bedroom apartment. Nearby comparable listings (other 1-bedroom apartments in the West One development) are priced similarly, suggesting the list price might be reasonable within the context of the development and apartment size. The lack of plot size (0.00 sqft) is consistent with apartment living and doesn’t negatively impact the price in this context. Considering the modern condition of the apartment, the convenient location with access to schools and transportation, and the relatively competitive price point compared to similar properties in the development, the property presents a potentially good value option for a buyer. The communal outdoor space is an additional positive.

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
3
Bedrooms
1
Bathrooms
1
Sqft (est)
366.00

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
130,662.00 £
Decreased by 24.36 %
from 172,752.00 £
Average area rental value
1,925.00 £/mo
Increased by 20.01 %
from 1,604.00 £/mo
Est letting value
366.00 £/mo
Unchanged by 0.00 %
from 366.00 £/mo
Est rental Yield
6.29 %
Increased by 62.95 %
from 3.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Nexus Residential 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 £ 399,950BUY6 / 100.00 KM

Nearby Properties

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