RW Invest says ..
Unmissable 1-bed apartment in New-York Style skyscraper development. Projected 6% NET rental returns.
Property Oracle says ..
The property is a 1-bedroom apartment located in Salford, Greater Manchester. The location benefits from being close to several train stations, including Manchester Victoria and Salford Central, making commuting relatively easy. There are also a number of schools within a reasonable distance, although the Ofsted ratings are not provided for all of them. The apartment itself appears modern and well-maintained, based on the provided images. However, the lack of plot size data means that there is no outdoor space. Compared to the average price per square foot in the area (£435), the listed price of £275,000 for a 440 sqft apartment seems slightly above average. However, this could be justified by the modern condition of the property and the amenities available within the development. Nearby comparable properties are also available at similar prices, suggesting the listing price is within the market range for this type of property in this 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
- 7
- Condition
- 9
- Location
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 440.00
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
- 352,520.00 £Increased by 60.35 %
- Est sale value
- 249,480.00 £Increased by 75.54 %
- Average area rental value
- 1,504.00 £/moIncreased by 8.59 %
- Est letting value
- 880.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.12 %Decreased by 32.28 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chetham'S School Of Music | Other Independent School | 0.69 KM | |
| Cheetwood Primary School | Community School | Good | 0.87 KM |
| Abbey College Manchester | Other Independent School | 0.93 KM | |
| The Friars Primary School | Community School | Requires improvement | 1.03 KM |
| The Cooperative College | Miscellaneous | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| East Reservoir Street | £ 485,000 | 0 | 0.00 KM |
| Sandywewll Lane | £ 500,000 | 0 | 0.00 KM |
| Boond Street | £ 0 | 0 | 0.00 KM |
| Gorton Street | £ 0 | 0 | 0.00 KM |
| Gorton Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Victoria | 2970 | MCV | 0.75 KM |
| Salford Central | 2798 | SFD | 0.81 KM |
| Deansgate | 2963 | DGT | 1.54 KM |
| Manchester Oxford Road | 2966 | MCO | 1.75 KM |
| Manchester Piccadilly | 2968 | MAN | 2.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Embankment Exchange, Manchester | £ 279,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 259,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 289,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 239,950 | BUY | 6 / 10 | 0.00 KM |
| Embankment Exchange, Manchester | £ 229,950 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Evans Street | £ 30,000 | 0.28 KM |
| 6 Evans Street | £ 261,000 | 0.28 KM |
| 22 Evans Street | £ 37,500 | 0.28 KM |
| 29 Evans Street | £ 145,000 | 0.28 KM |
| 7 Evans Street | £ 72,500 | 0.28 KM |