The Bridge, 40 Dearmans Place, Salford, Lancashire, M3
LA

The Bridge, 40 Dearmans Place, Salford, Lancashire, M3

By Lawrence Copeland (Town & City Centre)

£ 280,000

Reviews

2 out of 5 stars

Lawrence Copeland (Town & City Centre) says ..

Awaiting EWS1 Certificate, all works funded by Persimmon Homes, mortgage and cash buyers welcome. Superb location adjacent to the Lowry Hotel overlooking the River Irwell to the rear, a luxury 7th floor apartment with designated parking space. Presently let on AST until 21st August 24 at £1600 pcm.

Property Oracle says ..

This two-bedroom, two-bathroom apartment at The Bridge, 40 Dearmans Place, Salford, is presented as a modern and stylish property. The images showcase a well-maintained interior with contemporary finishes and fittings. The open-plan living area, modern kitchen, and en-suite bathrooms are attractive features that are likely to appeal to buyers. The apartment also benefits from a balcony with views overlooking the River Irwell and the proximity to Salford Central train station provides easy access to Manchester City Centre. The listing highlights its convenient location, and nearby amenities likely include restaurants, shops, and other services. The property is currently let, which indicates a potential rental income stream. However, the lack of plot size data, along with a lack of detail about the overall building’s condition, and a lack of detail on surrounding property prices mean that a thorough assessment of value for money is difficult. Therefore, further investigation into the building’s condition and a more comprehensive market comparison using more comparable properties would be beneficial in concluding the market value. The Awaiting EWS1 Certificate is a noteworthy point as this is a mandatory report required to confirm the building’s fire safety, and the fact that the works are funded by Persimmon is also a point to be taken into account.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
776.00

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
439,992.00 £
Increased by 75.54 %
from 250,648.00 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
1,552.00 £/mo
Unchanged by 0.00 %
from 1,552.00 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Lawrence Copeland (Town & City Centre) created the listing.

Nearby Schools

NameTypeOfstedDistance
Abbey College ManchesterOther Independent School0.89 KM
The Friars Primary SchoolCommunity SchoolRequires improvement0.96 KM
Chetham'S School Of MusicOther Independent School0.97 KM
The Cathedral School Of St Peter And St John Rc PrimaryVoluntary Aided SchoolRequires improvement1.00 KM
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood1.26 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Caxton Street £ 000.00 KM
Clowes Street £ 000.00 KM
Stanley Street £ 000.00 KM
New Bailey Street £ 000.00 KM
Clermont-Ferrand Square £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD0.34 KM
Deansgate2963DGT1.05 KM
Manchester Victoria2970MCV1.11 KM
Manchester Oxford Road2966MCO1.52 KM
Manchester Piccadilly2968MAN2.41 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Bridge, 40 Dearmans Place, Salford, Lancashire, M3 £ 280,000BUYUnknown0.00 KM
The Bridge, 40 Dearmans Place, Salford, Lancashire, M3 £ 280,000BUY5 / 100.00 KM
The Bridge, 40 Dearmans Place, Salford, Lancashire, M3 £ 195,000BUYUnknown0.00 KM
The Bridge, 40 Dearmans Place, Salford, Lancashire, M3 £ 180,000BUY5 / 100.00 KM
Dearmans Place, Salford £ 245,000BUY7 / 100.03 KM

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AddressPriceDistance
144 Chapel Street £ 50,0000.33 KM
65 Blackfriars Road £ 105,0000.49 KM
12 Nathan Drive £ 140,0000.50 KM
4 Nathan Drive £ 117,5000.50 KM
22 Nathan Drive £ 155,0000.50 KM