The Railings, Middlewood Locks
RE

The Railings, Middlewood Locks

By Reside Manchester

£ 247,000

Reviews

3 out of 5 stars

Reside Manchester says ..

Middlewood Locks is an award-winning canalside neighbourhood and we are pleased to introduce the new phase, now available for purchase with immediate occupation. Railings has been thoughtfully designed and features traditional brick and high spec apartments, equipped with fully fitted ki...

Property Oracle says ..

The property is a modern apartment in Salford, Greater Manchester. It benefits from a desirable location within Middlewood Locks, a popular and newly developed area. The apartment itself appears to be in excellent condition, with modern fixtures and fittings. While the plot size is small, typical for an apartment, the location offers proximity to amenities such as Salford Central train station (0.93 KM), various other transport links, and several well-regarded schools. The list price of £247,000 seems reasonable considering the average price in the area (£265,241) and the property’s apparent high-quality finish. However, a lack of square footage data for the subject property and nearby listings makes a precise price-per-square-foot comparison difficult. The area is known for its regeneration, suggesting potential for future property value appreciation.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
10,000.00

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
317,241.00 £
Increased by 23.69 %
from 256,486.00 £
Est sale value
5,070,000.00 £
Increased by 33.42 %
from 3,800,000.00 £
Average area rental value
1,453.00 £/mo
Increased by 5.60 %
from 1,376.00 £/mo
Est letting value
20,000.00 £/mo
Unchanged by 0.00 %
from 20,000.00 £/mo
Est rental Yield
5.50 %
Decreased by 14.60 %
from 6.44 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Reside Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.26 KM
The Cathedral School Of St Peter And St John Rc PrimaryVoluntary Aided SchoolRequires improvement0.85 KM
University Of SalfordHigher Education InstitutionsGood0.97 KM
The Friars Primary SchoolCommunity SchoolRequires improvement1.09 KM
River View Community Primary SchoolCommunity SchoolGood1.41 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rolling Street £ 000.00 KM
North Star Drive £ 000.00 KM
Clermont Way £ 000.00 KM
West Dean Street £ 000.00 KM
Potato Wharf £ 224,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD0.93 KM
Deansgate2963DGT1.43 KM
Salford Crescent2794SLD1.63 KM
Manchester Victoria2970MCV2.37 KM
Manchester Oxford Road2966MCO2.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Railings, Middlewood Locks £ 338,000BUY7 / 100.00 KM
The Railings, M5 £ 452,000BUY6 / 100.00 KM
Middlewood Locks, 15 Middlewood Street, Salford, M5 £ 200,000BUY5 / 100.00 KM
The Railings, Middlewood Locks £ 247,000BUY7 / 100.00 KM
1 Lockgate Square, Salford, M5 £ 374,950BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
18 Barrow Street £ 225,0000.31 KM
24 Barrow Street £ 225,0000.31 KM
357 Chapel Street £ 70,0000.39 KM
8 Encombe Place £ 222,5000.51 KM
11 Woollam Place £ 256,0000.61 KM