Chapel Street, Salford, Salford, M3
By X1 Lettings
£ 40,000
Reviews
3 out of 5 stars
X1 Lettings says ..
Tenanted Student Investment achieving £637.00 per month until August 2025. Net Annual Income: £2,100.37 Net Yield: 5.25%
Property Oracle says ..
The property is located in Salford, a city in Greater Manchester with good transport links and nearby schools. The average house price in the area is considerably higher than the listed price of this property, suggesting it may be undervalued. However, without knowing the square footage, a definitive price analysis is impossible. The property appears to be a modern flat in good condition, as shown in the photos. There is no evidence of a garden. The proximity to Salford Central train station and several primary and secondary schools with good Ofsted ratings adds to its appeal. The presence of a modern gym within the building is a positive feature. The relatively low price compared to nearby properties warrants further investigation to understand the reason for the price difference. This could be due to the size of the property, or other factors not included in the provided information.
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
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 %
- Average area rental value
- 1,504.00 £/moIncreased by 8.59 %
- Est rental Yield
- 5.12 %Decreased by 32.28 %
- Crime Rate
- 0.00 %
Agent Activity
X1 Lettings created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Philip'S Cofe Primary School | Voluntary Aided School | Good | 0.15 KM |
| The Cathedral School Of St Peter And St John Rc Primary | Voluntary Aided School | Requires improvement | 0.49 KM |
| The Friars Primary School | Community School | Requires improvement | 0.74 KM |
| University Of Salford | Higher Education Institutions | Good | 0.89 KM |
| River View Community Primary School | Community School | Good | 1.02 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| North Star Drive | £ 0 | 0 | 0.00 KM |
| Rolling Street | £ 0 | 0 | 0.00 KM |
| Clermont Way | £ 0 | 0 | 0.00 KM |
| Irwell Street | £ 387,498 | 0 | 0.00 KM |
| West Dean Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Salford Central | 2798 | SFD | 0.86 KM |
| Salford Crescent | 2794 | SLD | 1.50 KM |
| Deansgate | 2963 | DGT | 1.64 KM |
| Manchester Victoria | 2970 | MCV | 2.25 KM |
| Manchester Oxford Road | 2966 | MCO | 2.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chapel Street, Salford, Salford, M3 | £ 40,000 | BUY | 6 / 10 | 0.00 KM |
| Chapel Street, Salford, Salford, M3 | £ 20,000 | BUY | 6 / 10 | 0.00 KM |
| Chapel Street, Salford, M3 | £ 40,000 | BUY | 5 / 10 | 0.01 KM |
| Chapel Street, Salford, M3 | £ 45,000 | BUY | 5 / 10 | 0.01 KM |
| Chapel Street, Salford, Salford, M3 | £ 7,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Barrow Street | £ 225,000 | 0.10 KM |
| 24 Barrow Street | £ 225,000 | 0.10 KM |
| 8 Encombe Place | £ 222,500 | 0.14 KM |
| 357 Chapel Street | £ 70,000 | 0.15 KM |
| 1 Brotherton Drive | £ 122,000 | 0.38 KM |