City Heights, Victoria Bridge, M3 5AS
YI

City Heights, Victoria Bridge, M3 5AS

By yieldit

£ 100,000

Reviews

2 out of 5 stars

yieldit says ..

ENQUIRE TODAY ON THIS FANTASTIC BUY TO LET INVESTMENT OPPORTUNITY. Sold with long term tenant in situ, generating 6.64% net yield.

Property Oracle says ..

This one-bedroom apartment in Salford’s City Heights offers a convenient city-centre location with easy access to multiple train stations (Manchester Victoria, Salford Central, Deansgate, Manchester Oxford Road, and Manchester Piccadilly are all within a reasonable distance). The apartment itself features a modern-looking kitchen and bathroom, with hardwood flooring, suggesting it has been maintained to a satisfactory standard. However, the provided photos show the apartment’s interior furnishings and personal belongings, therefore a complete assessment of the condition is difficult. The lack of private outdoor space is a notable drawback. While the listed price is within the range of similar properties advertised nearby, there’s a considerable variation, underlining the importance of a thorough market analysis to determine true value. The building itself is a high-rise block, and the overall aesthetic and external maintenance condition of the building are not directly revealed in the provided information. The absence of square footage data for comparative listings hinders a precise valuation comparison. While a strong point is its central location and transit accessibility, the limited plot size and the need for potential minor enhancements to improve the property’s appeal to buyers are factors that bear consideration.

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
1
Bedrooms
1
Bathrooms
1
Sqft (est)
570.00

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
323,190.00 £
Increased by 75.54 %
from 184,110.00 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
1,140.00 £/mo
Unchanged by 0.00 %
from 1,140.00 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Chetham'S School Of MusicOther Independent School0.38 KM
Abbey College ManchesterOther Independent School0.52 KM
The Cooperative CollegeMiscellaneous0.82 KM
King Of KingsOther Independent SchoolGood1.24 KM
Cheetwood Primary SchoolCommunity SchoolGood1.24 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Bridge Street £ 000.00 KM
Blackfriars Street £ 000.00 KM
Victoria Street £ 000.00 KM
New Cathedral Street £ 920,83300.00 KM
Gorton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.52 KM
Salford Central2798SFD0.93 KM
Deansgate2963DGT1.32 KM
Manchester Oxford Road2966MCO1.35 KM
Manchester Piccadilly2968MAN1.95 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
16 Bridgewater Street £ 368,5920.05 KM
6 Evans Street £ 261,0000.67 KM
29 Evans Street £ 145,0000.67 KM
22 Evans Street £ 37,5000.67 KM
1 Evans Street £ 30,0000.67 KM