Riverside, Derwent Street, Salford, M5
VZ

Riverside, Derwent Street, Salford, M5

By VZ Properties

£ 210,000

Reviews

2 out of 5 stars

VZ Properties says ..

**** ALLOCATED PARKING **** 2nd Floor 2-Bed Apartment with RESIDENT PARKING in the Lowry Wharf development. 645 Sq Ft. EWS1 Form Available. Subject to Contract. Mortgage Buyers Welcome. Available to both Investors and Owner-Occupants. Currently 7.14% Rental Yield @ &po...

Property Oracle says ..

This 2-bedroom, 2-bathroom apartment in Salford’s Hulme area presents a compelling opportunity for first-time buyers or investors. Located near Salford Central train station and multiple reputable schools, it benefits from convenient access to transportation and educational facilities. The apartment features modern interiors, including a contemporary kitchen and bathrooms, suggesting good maintenance. While the provided images showcase a clean and well-presented interior, it’s important to conduct a thorough inspection to assess the property’s condition further. The listing mentions allocated parking, a significant advantage in urban areas. However, the absence of a garden or any outdoor space is a noteworthy consideration. The price point seems competitive compared to other similar properties in the vicinity; however, additional research to compare square footage and features would offer a more detailed analysis. Overall, this property presents a reasonable investment opportunity but a full inspection is crucial before making a final decision.

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
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
700.00

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
268,192.00 £
Increased by 9.79 %
from 244,276.00 £
Est sale value
392,700.00 £
Increased by 99.64 %
from 196,700.00 £
Average area rental value
1,437.00 £/mo
Decreased by 10.24 %
from 1,601.00 £/mo
Est letting value
2,100.00 £/mo
Increased by 200.00 %
from 700.00 £/mo
Est rental Yield
6.43 %
Decreased by 18.19 %
from 7.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • VZ Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.80 KM
Old Trafford Community AcademyAcademy ConverterGood1.13 KM
St Wilfrid'S Rc Primary SchoolVoluntary Aided SchoolGood1.26 KM
University Of SalfordHigher Education InstitutionsGood1.28 KM
St Alphonsus Rc Primary SchoolVoluntary Aided SchoolOutstanding1.28 KM

Images

1 3 4 2 5 6 7 8 Epc

Nearby Streets

NameAverage PriceAverage SqftDistance
Egerton Street £ 000.00 KM
Egerton Street £ 225,00000.00 KM
Ellesmere Street £ 281,00000.00 KM
Asgard Drive £ 225,00000.00 KM
Potato Wharf £ 224,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD1.26 KM
Deansgate2963DGT1.31 KM
Salford Crescent2794SLD1.92 KM
Manchester Oxford Road2966MCO2.31 KM
Manchester Victoria2970MCV2.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Riverside, Derwent Street, Salford, M5 £ 210,000BUY5 / 100.00 KM
Cypress Place, 9 New Century Park, MANCHESTER, M4 £ 220,000BUY5 / 100.00 KM
One Regent, 1 Regent Road, Manchester, M3 £ 280,000BUY6 / 100.00 KM
One Regent, 1 Regent Road, Manchester, M3 £ 350,000BUY6 / 100.00 KM
One Regent, 1 Regent Road, Manchester, M3 £ 241,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
5 Citygate £ 154,0000.49 KM
3 Woollam Place £ 105,0000.55 KM
1 Woollam Place £ 157,5000.55 KM
25 Woollam Place £ 177,0000.55 KM
7 Woollam Place £ 163,0000.55 KM