Oldham Road, Manchester, Greater Manchester, M40
PU

Oldham Road, Manchester, Greater Manchester, M40

By Pure Investor

£ 160,000

Reviews

2 out of 5 stars

Pure Investor says ..

1 Bedroom Ground Floor Apartment | Close To Manchester City Centre | Potential Rental Returns Of £900pcm (£10,800 Per Annum) | Modern Apartment | Potential Gross Yield 6.75% | Good Length Lease

Property Oracle says ..

This one-bedroom apartment located on Oldham Road, Manchester, is presented by Pure Investor. The property is situated in the Miles Platting & Newton Heath area, approximately 2.37km from Manchester Piccadilly station. This suggests convenient access to Manchester’s city centre and its associated amenities. The apartment benefits from a modern, recently renovated interior. The kitchen and bathroom feature contemporary fittings and appear well-maintained, as seen in the provided photographs. The living area and bedroom are simply furnished, appearing spacious and bright.

The lack of outdoor space is a notable drawback. The property’s plot size is listed as 0.00 sqft which suggests it is an apartment lacking a private garden or significant outdoor area. This is a common characteristic of city centre apartments. There is mention of potential rental returns of £900pcm, which is a significant factor for potential investors. Comparing this to nearby properties and streets, the listed price sits within the average range of the immediate vicinity. It’s worth noting the photos suggest modern facilities and a recent refurbishment, which is a positive attribute affecting the value. Overall, the property presents a reasonably good investment opportunity, especially for those seeking rental income potential within relatively close proximity to Manchester City Centre.

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
6
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
520.97

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
246,100.00 £
Decreased by 2.49 %
from 252,389.00 £
Est sale value
179,213.68 £
Increased by 16.61 %
from 153,686.15 £
Average area rental value
1,331.00 £/mo
Decreased by 13.80 %
from 1,544.00 £/mo
Est letting value
520.97 £/mo
Unchanged by 0.00 %
from 520.97 £/mo
Est rental Yield
6.49 %
Decreased by 11.58 %
from 7.34 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
Collyhurst Sure Start Children'S CentreChildren's Centre0.47 KM
Collyhurst Nursery SchoolLocal Authority Nursery SchoolOutstanding0.53 KM
Miles Platting And Ancoats Children CentreChildren's Centre0.70 KM
Park View Community PrimaryCommunity SchoolGood0.76 KM
Saviour Cofe Primary SchoolVoluntary Aided SchoolGood0.77 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ferdinand Street £ 167,16700.00 KM
Johnson's Square £ 190,00000.00 KM
Thornton Street £ 185,00000.00 KM
Ryder Street £ 000.00 KM
Shenfield Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Piccadilly2968MAN2.37 KM
Ardwick2960ADK2.53 KM
Manchester Victoria2970MCV2.88 KM
Manchester Oxford Road2966MCO3.51 KM
Ashburys2941ABY3.53 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
18 Nuneaton Drive £ 115,0000.35 KM
8 Nuneaton Drive £ 119,9950.35 KM
4 Kilsby Walk £ 55,0000.51 KM
9 Bothwell Road £ 59,0000.57 KM
7 Bothwell Road £ 190,0000.57 KM