Chapel Street, Salford, Salford, M3
X1

Chapel Street, Salford, Salford, M3

By X1 Lettings

£ 40,000

Reviews

3 out of 5 stars

X1 Lettings says ..

Tenanted Student Investment achieving £147.00 per week until August 2024!

Property Oracle says ..

Based on the provided information, this property is a studio apartment located in Salford, close to several universities and transport links. The images show a modern, well-maintained apartment with a small but functional kitchen and bathroom. The location is a key advantage, being within walking distance of the University of Salford and with good transport links to other universities in Manchester. However, the lack of plot size information prevents a comprehensive land assessment. The list price of £40,000 is significantly lower than the average price for the area, which is £308,777. While this may seem like a great deal, it is important to consider that this is a studio apartment in a purpose-built student accommodation building. The nearby listings show similar properties selling for slightly higher prices, suggesting that the list price may be reasonable for this type of property. More information on the size of the property would help to better assess the value for money.

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

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 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • X1 Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.15 KM
The Cathedral School Of St Peter And St John Rc PrimaryVoluntary Aided SchoolRequires improvement0.49 KM
The Friars Primary SchoolCommunity SchoolRequires improvement0.74 KM
University Of SalfordHigher Education InstitutionsGood0.89 KM
River View Community Primary SchoolCommunity SchoolGood1.02 KM

Images

Picture No. 14 Picture No. 13 Picture No. 08 Picture No. 10 Picture No. 11 Picture No. 09 Picture No. 04 Picture No. 05 Picture No. 06

Nearby Streets

NameAverage PriceAverage SqftDistance
North Star Drive £ 000.00 KM
Rolling Street £ 000.00 KM
Clermont Way £ 000.00 KM
Irwell Street £ 387,49800.00 KM
West Dean Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD0.86 KM
Salford Crescent2794SLD1.50 KM
Deansgate2963DGT1.64 KM
Manchester Victoria2970MCV2.25 KM
Manchester Oxford Road2966MCO2.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chapel Street, Salford, Salford, M3 £ 20,000BUY6 / 100.00 KM
Chapel Street, Salford, Salford, M3 £ 40,000BUY6 / 100.00 KM
Chapel Street, Salford, M3 £ 45,000BUY5 / 100.01 KM
Chapel Street, Salford, M3 £ 40,000BUY5 / 100.01 KM
Chapel Street, Salford, Salford, M3 £ 7,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
18 Barrow Street £ 225,0000.10 KM
24 Barrow Street £ 225,0000.10 KM
8 Encombe Place £ 222,5000.14 KM
357 Chapel Street £ 70,0000.15 KM
10 Brotherton Drive £ 110,0000.38 KM