Embankment Exchange, Manchester
RW

Embankment Exchange, Manchester

By RW Invest

£ 275,000

Reviews

3 out of 5 stars

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 %
from 219,842.00 £
Est sale value
249,480.00 £
Increased by 75.54 %
from 142,120.00 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
880.00 £/mo
Unchanged by 0.00 %
from 880.00 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
Chetham'S School Of MusicOther Independent School0.69 KM
Cheetwood Primary SchoolCommunity SchoolGood0.87 KM
Abbey College ManchesterOther Independent School0.93 KM
The Friars Primary SchoolCommunity SchoolRequires improvement1.03 KM
The Cooperative CollegeMiscellaneous1.12 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
East Reservoir Street £ 485,00000.00 KM
Sandywewll Lane £ 500,00000.00 KM
Boond Street £ 000.00 KM
Gorton Street £ 000.00 KM
Gorton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.75 KM
Salford Central2798SFD0.81 KM
Deansgate2963DGT1.54 KM
Manchester Oxford Road2966MCO1.75 KM
Manchester Piccadilly2968MAN2.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Embankment Exchange, Manchester £ 279,950BUY6 / 100.00 KM
Embankment Exchange, Manchester £ 259,950BUY6 / 100.00 KM
Embankment Exchange, Manchester £ 289,950BUY6 / 100.00 KM
Embankment Exchange, Manchester £ 239,950BUY6 / 100.00 KM
Embankment Exchange, Manchester £ 229,950BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
1 Evans Street £ 30,0000.28 KM
6 Evans Street £ 261,0000.28 KM
22 Evans Street £ 37,5000.28 KM
29 Evans Street £ 145,0000.28 KM
7 Evans Street £ 72,5000.28 KM