Trafford Road, Salford M53NX
YI

Trafford Road, Salford M53NX

By yieldit

£ 250,000

yieldit says ..

This stunning two bedroom apartment is finished to the highest standard and located on the 19th floor. It would make an excellent investment, with an anticipated rental income of £14,400 per annum and it is also suitable for owner occupiers. The apartment briefly compromises of a spacious lounge and living area; fitted kitchen; two good sized bedrooms; master with en-suite; two bathrooms and a private balcony with views over the city. The property also benefits from an allocated parking space, intercom access, a lift and on site gymnasium. <br /><br />X1 The Gateway is conveniently located in the heart of Salford Quays with plenty of shops, amenities, bars and restaurants to enjoy nearby. The location is ideal for professionals and commuters looking for a property to rent in the city as it has excellent transport links. It is a stones throw from Media City and Manchester city centre which also means it is easily connected to nearby cities such as Liverpool, Leeds and beyond. <br /><br />Salford is a thriving area and only has aims to further improve, it is part of the Northern Powerhouse which means it is a key player in Greater Manchester's plans for growth and economic prosperity which will encourage people to relocate to the area and drive the demand for rental properties. It is more popular choice than ever to live, work and invest in thanks to it's redevelopment and investment in it's buildings, parks, waterways and outdoor spaces. Plans are also underway to regenerate Greengate on the Salford-Manchester border, the plans seek to transform it into a distinctive area to work, live and visit which will attract people and businesses to the area. There has never been a better time to invest in property there!<br /><br /> Financial Breakdown<br /><br /> Gross rent: £0 <br /> Ground rent: £350 <br /> Service charge: £1,963 <br /> Net income: £-2,313 <br /> Gross yield: 0% <br /> Net yield: -0.93% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17369

Bedrooms
2
Bathrooms
2

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
298,335.00 £
Increased by 24.44 %
from 239,734.00 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Oasis Academy MediacityukAcademy Sponsor LedGood0.50 KM
St Joseph'S Rc Primary SchoolVoluntary Aided SchoolRequires improvement0.66 KM
Primrose Hill Children'S CentreChildren's Centre Linked Site0.89 KM
Primrose Hill Primary School And Children'S CentreCommunity SchoolRequires improvement0.90 KM
St Paul'S Cofe Primary SchoolAcademy Sponsor Led1.35 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hulton Street £ 000.00 KM
King William Street £ 000.00 KM
Clippers Quay £ 000.00 KM
Stern Avenue £ 000.00 KM
Trafford Road £ 159,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF1.33 KM
Salford Crescent2794SLD1.90 KM
Salford Central2798SFD3.33 KM
Deansgate2963DGT3.47 KM
Trafford Park2969TRA3.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Gateway, 15 Trafford Road, Salford, Greater Manchester, M5 £ 150,000BUYUnknown0.00 KM
The Gateway, 15 Trafford Rd, Salford, M5 £ 175,000BUY6 / 100.00 KM
The Gateway, 15 Trafford Road, Salford, M5 £ 135,000BUYUnknown0.01 KM
The Gateway, 15 Trafford Road, Salford, M5 £ 150,000BUYUnknown0.01 KM
X1 The Gateway, 15 Trafford Road, Salford, M5 £ 200,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
3 Craven Drive £ 153,0000.22 KM
5 Craven Drive £ 158,0000.22 KM
9 Craven Drive £ 162,0000.22 KM
41 Craven Drive £ 161,0000.27 KM
5 Paris Avenue £ 118,0000.29 KM