Signal Drive, Monsall, Manchester, Greater Manchester, M40
Philip James Manchester logo

Signal Drive, Monsall, Manchester, Greater Manchester, M40

By Philip James Manchester

£ 120,000

Reviews

2 out of 5 stars

Philip James Manchester says ..

***INVESTMENT OPPORTUNITY *** Positioned on the SECOND FLOOR is this bright and spacious, well presented apartment, RENTAL INCOME OF £825PCM, representing a 8.2% gross yield. 582 SQ FT. The accommodation consists of an entrance hallway with storage cupboard, an open plan living, ...

Property Oracle says ..

This two-bedroom apartment on Signal Drive in Manchester is presented as a buy-to-let investment opportunity. The listing highlights an 8.2% yield, suggesting potential rental income. The apartment itself is of average size for a two-bedroom property in this area. The images provided show a functional but somewhat dated interior. The decor appears tired and in need of an update, although the overall condition appears to be satisfactory. The kitchen and bathroom seem functional but could benefit from modernization. The lack of outdoor space, as is typical with apartments, is a notable consideration. The location benefits from proximity to good schools and major transport links, such as Manchester Piccadilly. This offers good accessibility to the city centre and wider transport networks. However, the immediate surroundings seem to lack high-street shopping and other amenities, which might affect desirability depending on the buyer’s priorities. The provided price analysis does not contain relevant price per square foot data for this location. The overall valuation of the property, given its condition, needs, and location, appears to be in line with the market, though it’s not significantly undervalued or overvalued. Overall, it represents a functional property with potential for rental income, though modernisation would likely improve its market value and desirability.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
582.33

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
125,000.00 £
Decreased by 33.08 %
from 186,791.00 £
Est sale value
135,100.56 £
Increased by 9.95 %
from 122,871.63 £
Average area rental value
1,061.00 £/mo
Increased by 9.83 %
from 966.00 £/mo
Est letting value
582.33 £/mo
Unchanged by 0.00 %
from 582.33 £/mo
Est rental Yield
10.19 %
Increased by 64.09 %
from 6.21 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Philip James Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
Manchester Communication AcademyAcademy Sponsor LedGood0.08 KM
Manchester Communication Primary AcademyAcademy Sponsor LedGood0.33 KM
St Augustine'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.51 KM
Saviour Cofe Primary SchoolVoluntary Aided SchoolGood0.83 KM
St Edmund'S Rc Primary SchoolVoluntary Aided SchoolGood0.86 KM

Images

External Lounge Bedroom Lounge Kitchen Bathroom Forecast Google Maps Image

Nearby Streets

NameAverage PriceAverage SqftDistance
Queens Road £ 000.00 KM
Foreland CLose £ 000.00 KM
Marston Street £ 000.00 KM
Queens Court £ 164,95000.00 KM
Rathmore Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Piccadilly2968MAN3.16 KM
Ardwick2960ADK3.33 KM
Manchester Victoria2970MCV3.36 KM
Ashburys2941ABY4.04 KM
Manchester Oxford Road2966MCO4.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Signal Drive, Monsall, Manchester, Greater Manchester, M40 £ 120,000BUY4 / 100.00 KM
Silchester Drive, Monsall, Manchester, M40 £ 110,000BUYUnknown0.08 KM
Silchester Drive, Manchester, Greater Manchester, M40 £ 130,000BUY6 / 100.10 KM
Queens Road, Monsall, Greater Manchester, M40 £ 115,000BUY7 / 100.15 KM
Flat C Queens Road, Manchester, Greater Manchester, M40 £ 125,000BUY5 / 100.16 KM

Nearby Properties

AddressPriceDistance
2 Birchwood Drive £ 97,9950.04 KM
4 Birchwood Drive £ 121,9950.04 KM
29 Carriage Drive £ 129,9950.07 KM
24 Carriage Drive £ 81,0000.07 KM
3 Carriage Drive £ 75,0000.07 KM