The Riverside, Derwent Street, Salford, M5
VZ

The Riverside, Derwent Street, Salford, M5

By VZ Properties

£ 245,000

Reviews

2 out of 5 stars

VZ Properties says ..

Amazing 2-Bed 2-Bath Apartment with large balcony in the Lowry Wharf development. 630 Sq Ft. EWS1 Form Available. EWS1 B1 rated. Mortgage Buyers Welcome. Available to both Investors and Owner-Occupants. Currently 5.76% Rental Yield @ £1175 PCM Projected 6.37% R...

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Salford Quays presents a modern and convenient living space. Situated within a newly developed building, the property benefits from contemporary interiors and what appears to be a well-maintained building. The apartment offers a balcony overlooking the river, adding to its appeal. The location offers a balance of urban amenities, proximity to transport links such as Salford Central train station and the Manchester Metrolink system, and green space with Irwell River Park nearby. Several highly-rated primary and secondary schools are within walking distance, making the property attractive to families. However, the property’s lack of a private garden is a notable consideration, and the relatively small size of the apartment may suit single individuals or couples more so than larger families. The price point reflects current market trends in Salford Quays, with comparable properties featuring similar prices per square foot. Overall, this property offers a desirable combination of modern living and convenient location within a vibrant and up-and-coming area. Potential buyers should still conduct a comprehensive survey and review all relevant paperwork before committing to a purchase.

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
6
Location
7
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
783.18

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 £
Est sale value
351,647.82 £
Increased by 22.34 %
from 287,427.06 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est letting value
1,566.36 £/mo
Increased by 100.00 %
from 783.18 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • VZ Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.91 KM
Old Trafford Community AcademyAcademy ConverterGood1.00 KM
St Alphonsus Rc Primary SchoolVoluntary Aided SchoolOutstanding1.18 KM
University Of SalfordHigher Education InstitutionsGood1.26 KM
St Wilfrid'S Rc Primary SchoolVoluntary Aided SchoolGood1.35 KM

Images

Picture 1 Living Room Living Room Kitchen Living Room Bedroom Bedroom Bathroom Picture 9 Bathroom Balcony Picture 12 Picture 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Asgard Drive £ 225,00000.00 KM
Egerton Street £ 000.00 KM
Woden Street £ 130,00000.00 KM
Waterways Avenue £ 49,99500.00 KM
Ellesmere Street £ 281,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD1.45 KM
Deansgate2963DGT1.47 KM
Salford Crescent2794SLD1.88 KM
Manchester Oxford Road2966MCO2.47 KM
Manchester Victoria2970MCV2.83 KM

Nearby Listings

AddressPriceTypeScoreDistance
Riverside, Derwent Street, Salford, M5 £ 210,000BUY5 / 100.00 KM
The Riverside, Derwent Street, Salford, M5 £ 230,000BUY7 / 100.00 KM
The Riverside, Derwent Street, Salford, M5 £ 245,000BUY5 / 100.00 KM
Derwent Street Salford M5 £ 230,000BUY5 / 100.01 KM
Riverside, Derwent Street Salford M5 £ 250,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
18 Freya Grove £ 110,0000.50 KM
31 Freya Grove £ 139,0000.50 KM
9 Wodens Avenue £ 155,0000.56 KM
16 Wodens Avenue £ 125,0000.56 KM
18 Wodens Avenue £ 105,0000.56 KM