Lowry Wharf, Derwent Street, Salford, Greater Manchester, M5
By Philip James Manchester
£ 175,000
Reviews
3 out of 5 stars
Philip James Manchester says ..
***INVESTMENT OPPORTUNITY*** Stunning two double bedroom apartment to let in Lowry Wharf, brand new development on the edge of the city in Salford off Regent Road. Long term tenant in situ paying £1100pcm. Generating at 7.5% yield. This apartment is finished to a high standard through...
Property Oracle says ..
This two-bedroom apartment in Salford Quays is listed at £175,000. The property is located close to Salford Central train station, providing convenient access to Manchester city centre. The area also benefits from nearby schools and amenities. While the apartment itself appears modern and well-maintained based on the provided images, the lack of outdoor space is a notable factor. Comparing the list price to the average price per square foot in the area (£385) and considering the lack of plot size, the asking price seems slightly below average for the Salford Quays area, potentially representing good value if the condition and location are as presented.
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
- 8
- Location
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 617.85
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 %
- Est sale value
- 277,414.65 £Increased by 22.34 %
- Average area rental value
- 1,397.00 £/moIncreased by 10.61 %
- Est letting value
- 1,235.70 £/moIncreased by 100.00 %
- Est rental Yield
- 5.62 %Decreased by 11.08 %
- Crime Rate
- 0.00 %
Agent Activity
Philip James Manchester created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Philip'S Cofe Primary School | Voluntary Aided School | Good | 0.92 KM |
| Old Trafford Community Academy | Academy Converter | Good | 1.07 KM |
| University Of Salford | Higher Education Institutions | Good | 1.09 KM |
| Primrose Hill Primary School And Children'S Centre | Community School | Requires improvement | 1.14 KM |
| Primrose Hill Children'S Centre | Children's Centre Linked Site | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Asgard Drive | £ 225,000 | 0 | 0.00 KM |
| Woden Street | £ 130,000 | 0 | 0.00 KM |
| Dyer Street | £ 265,000 | 0 | 0.00 KM |
| Waterways Avenue | £ 49,995 | 0 | 0.00 KM |
| Worrall Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Salford Central | 2798 | SFD | 1.60 KM |
| Salford Crescent | 2794 | SLD | 1.67 KM |
| Deansgate | 2963 | DGT | 1.72 KM |
| Manchester Oxford Road | 2966 | MCO | 2.72 KM |
| Manchester United Football Ground | 2996 | MUF | 3.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Riley Building, Lowry Wharf, Salford, M5 | £ 210,000 | BUY | 6 / 10 | 0.00 KM |
| Lowry Wharf, Derwent Street, Salford, Greater Manchester, M5 | £ 175,000 | BUY | 6 / 10 | 0.00 KM |
| The Delaney Building, Derwent Street, Salford | £ 185,000 | BUY | 6 / 10 | 0.01 KM |
| Delaney Building, Derwent Street, Salford, Lancashire, M5 | £ 185,000 | BUY | 6 / 10 | 0.01 KM |
| Derwent Street, SALFORD, Lancashire, M5 | £ 180,000 | BUY | 7 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Freya Grove | £ 110,000 | 0.26 KM |
| 31 Freya Grove | £ 139,000 | 0.26 KM |
| 16 Wodens Avenue | £ 125,000 | 0.33 KM |
| 9 Wodens Avenue | £ 155,000 | 0.33 KM |
| 18 Wodens Avenue | £ 105,000 | 0.33 KM |