Hands Off Manchester Property Investment
RW

Hands Off Manchester Property Investment

By RW Invest

£ 124,950

Reviews

3 out of 5 stars

RW Invest says ..

Invest in this deluxe 1-bed Manhattan student apartment in Salford, Manchester. Enquire today for 6% NET returns and strong capital growth potential.

Property Oracle says ..

The property is a 1-bedroom apartment in Salford, Greater Manchester. Its location in Blackfriars & Trinity places it within reasonable proximity to Salford Central train station (0.88km), providing convenient access to Manchester city centre and beyond. Several primary schools with varying Ofsted ratings are also within walking distance, adding to its family-friendly appeal. The area’s average property price is significantly higher (308,777) than the list price of this apartment (124,950), suggesting potential value. However, the average price per sqft in the area (435.00) is considerably higher than what one might expect for a property of this type and size, especially considering the lack of plot size. The images suggest a modern apartment in good condition. The apartment appears well-maintained and recently renovated, with contemporary furnishings and fixtures. There is no evidence of significant wear and tear or need for renovation. The lack of plot size is a notable drawback, typical of apartment living. This significantly impacts the overall desirability for those seeking outdoor space. Considering the list price of £124,950, the average price in the area, and the property’s apparent good condition and convenient location, the price appears relatively reasonable, especially compared to other nearby apartment listings. However, the lack of plot size and the considerably smaller size of the apartment compared to the average size in the area should be taken into account.

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)
266.00

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
150,822.00 £
Increased by 75.54 %
from 85,918.00 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
532.00 £/mo
Unchanged by 0.00 %
from 532.00 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.14 KM
The Cathedral School Of St Peter And St John Rc PrimaryVoluntary Aided SchoolRequires improvement0.51 KM
The Friars Primary SchoolCommunity SchoolRequires improvement0.76 KM
University Of SalfordHigher Education InstitutionsGood0.87 KM
River View Community Primary SchoolCommunity SchoolGood1.03 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
North Star Drive £ 000.00 KM
Rolling Street £ 000.00 KM
Clermont Way £ 000.00 KM
West Dean Street £ 000.00 KM
Irwell Street £ 387,49800.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD0.88 KM
Salford Crescent2794SLD1.48 KM
Deansgate2963DGT1.65 KM
Manchester Victoria2970MCV2.28 KM
Manchester Oxford Road2966MCO2.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hands Off Manchester Property Investment £ 100,000BUY6 / 100.00 KM
Hands Off Manchester Property Investment £ 124,950BUY6 / 100.00 KM
Hands Off Manchester Property Investment £ 124,950BUY5 / 100.00 KM
Hands Off Manchester Property Investment £ 100,000BUY6 / 100.00 KM
Hands Off Manchester Property Investment £ 150,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
18 Barrow Street £ 225,0000.09 KM
24 Barrow Street £ 225,0000.09 KM
8 Encombe Place £ 222,5000.14 KM
357 Chapel Street £ 70,0000.17 KM
26 Brotherton Drive £ 140,0000.41 KM