Nexus Residential says ..
1-bed apartment in new energy-efficient Manchester development. Generate projected 6% NET rental returns.
Property Oracle says ..
This property is a 1 bedroom, 1 bathroom apartment located in Salford, Greater Manchester. The apartment is part of a modern development and benefits from a communal outdoor space. While the apartment itself is modern and well-presented, the surrounding area shows a mix of property types and prices. The list price is significantly lower than the average price for the area, but this may be due to the smaller size of the apartment and the lack of a private garden. Transport links appear to be reasonable, with several train stations within a few kilometers. There are also several schools in the vicinity, offering varying Ofsted ratings. More information on the specifics of the development would be useful to provide a more comprehensive analysis.
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
- 6
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 375.00
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
- 133,875.00 £Decreased by 24.36 %
- Average area rental value
- 1,925.00 £/moIncreased by 20.01 %
- Est letting value
- 375.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.29 %Increased by 62.95 %
- Crime Rate
- 0.00 %
Agent Activity
Nexus Residential 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 | £ 209,950 | 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 |
| 5 Laurel Grove | £ 170,000 | 0.20 KM |
| 7 Laurel Grove | £ 66,227 | 0.20 KM |
| 47 Tootal Road | £ 29,950 | 0.21 KM |