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 %
- Est sale value
- 179,213.68 £Increased by 16.61 %
- Average area rental value
- 1,331.00 £/moDecreased by 13.80 %
- Est letting value
- 520.97 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.49 %Decreased by 11.58 %
- Crime Rate
- 0.00 %
Agent Activity
Pure Investor created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Collyhurst Sure Start Children'S Centre | Children's Centre | 0.47 KM | |
| Collyhurst Nursery School | Local Authority Nursery School | Outstanding | 0.53 KM |
| Miles Platting And Ancoats Children Centre | Children's Centre | 0.70 KM | |
| Park View Community Primary | Community School | Good | 0.76 KM |
| Saviour Cofe Primary School | Voluntary Aided School | Good | 0.77 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ferdinand Street | £ 167,167 | 0 | 0.00 KM |
| Johnson's Square | £ 190,000 | 0 | 0.00 KM |
| Thornton Street | £ 185,000 | 0 | 0.00 KM |
| Ryder Street | £ 0 | 0 | 0.00 KM |
| Shenfield Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Piccadilly | 2968 | MAN | 2.37 KM |
| Ardwick | 2960 | ADK | 2.53 KM |
| Manchester Victoria | 2970 | MCV | 2.88 KM |
| Manchester Oxford Road | 2966 | MCO | 3.51 KM |
| Ashburys | 2941 | ABY | 3.53 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| JOHNSONS SQUARE, Oldham Road, Manchester, Greater Manchester, M40 | £ 156,500 | BUY | Unknown | 0.00 KM |
| JOHNSONS SQUARE, Oldham Road, Manchester, Greater Manchester, M40 | £ 185,000 | BUY | Unknown | 0.00 KM |
| Osborne Yard, 269-275 Oldham Road, Manchester, M40 | £ 403,000 | BUY | Unknown | 0.01 KM |
| Osborne Yard, 269-275 Oldham Road, Manchester, M40 | £ 310,000 | BUY | 6 / 10 | 0.01 KM |
| 269-275 Oldham Road, Manchester, M40 | £ 250,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Nuneaton Drive | £ 115,000 | 0.35 KM |
| 8 Nuneaton Drive | £ 119,995 | 0.35 KM |
| 4 Kilsby Walk | £ 55,000 | 0.51 KM |
| 9 Bothwell Road | £ 59,000 | 0.57 KM |
| 7 Bothwell Road | £ 190,000 | 0.57 KM |