RW Invest says ..
Luxurious 1-bedroom apartment in one of Manchester's most desirable locations, offering 6% projected NET returns.
Property Oracle says ..
The property is a 1-bedroom apartment located in Salford, Greater Manchester. It is part of the Embankment Exchange development, which boasts modern amenities including a spa and pool. The apartment itself is presented in excellent condition based on the provided images, with a modern and stylish interior. The location benefits from proximity to several train stations, including Manchester Victoria and Salford Central, making it convenient for commuters. There are also several schools within a reasonable distance. However, the property lacks a garden and the provided plot size is 0 sqft. Considering the average price per sqft in the area is £435 and the property is listed at £259,950 for 470 sqft, the price seems slightly above average. However, the modern amenities and convenient location may justify this. More information on the exact size of the property and the quality of the building materials would be beneficial for 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
- 8
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 470.00
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
- 266,490.00 £Increased by 75.54 %
- Average area rental value
- 1,504.00 £/moIncreased by 8.59 %
- Est letting value
- 940.00 £/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 |