X1 Chapel Street, 272 Chapel Street, Salford M3 5JZ
By yieldit
£ 38,000
Reviews
2 out of 5 stars
yieldit says ..
AMAZING INVESTMENT OPPORTUNITY - PERFECT FOR INVESTORS AND TENANTED FOR IMMEDIATE INCOME! Student accommodation in one of the UK's biggest university cities! ENQUIRE TODAY - CASH BUYERS ONLY!
Property Oracle says ..
This listing presents a studio apartment at X1 Chapel Street in Salford, marketed as an investment opportunity for cash buyers. The property’s proximity to Salford University and good transport links to Manchester’s other universities makes it attractive to students. The images show a relatively clean and functional studio, though the furnishings are basic. The lack of private outdoor space is a notable drawback. Similar studio apartments in the area are listed at comparable prices, suggesting this listing’s price aligns with the market. However, the lack of definitive square footage makes a precise valuation challenging. The property’s appeal rests primarily on its rental potential, therefore, it’s crucial for potential investors to carefully assess rental yields and potential costs to gauge its long-term financial viability. Further due diligence should be undertaken regarding rental market analysis and regulatory compliance to fully evaluate the investment opportunity. Investors should note the cash buyer only stipulation.
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
- 0
- 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
yieldit marked this listing as sold.
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Philip'S Cofe Primary School | Voluntary Aided School | Good | 0.16 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 | 0.75 KM |
| University Of Salford | Higher Education Institutions | Good | 0.87 KM |
| River View Community Primary School | Community School | Good | 1.00 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 |
| West Dean Street | £ 0 | 0 | 0.00 KM |
| Irwell Street | £ 387,498 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Salford Central | 2798 | SFD | 0.88 KM |
| Salford Crescent | 2794 | SLD | 1.47 KM |
| Deansgate | 2963 | DGT | 1.67 KM |
| Manchester Victoria | 2970 | MCV | 2.28 KM |
| Manchester Oxford Road | 2966 | MCO | 2.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chapel Street, 272 Chapel Street, Salford M3 5JZ | £ 39,000 | BUY | 7 / 10 | 0.00 KM |
| X1 Chapel Street, 272 Chapel Street, Salford M3 5JZ | £ 35,000 | BUY | 6 / 10 | 0.00 KM |
| Chapel Street, Salford, Salford, M3 | £ 7,000 | BUY | 6 / 10 | 0.02 KM |
| Chapel Street, Salford, M3 | £ 45,000 | BUY | 5 / 10 | 0.02 KM |
| Chapel Street, Salford, M3 | £ 40,000 | BUY | 5 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Barrow Street | £ 225,000 | 0.11 KM |
| 18 Barrow Street | £ 225,000 | 0.11 KM |
| 8 Encombe Place | £ 222,500 | 0.12 KM |
| 357 Chapel Street | £ 70,000 | 0.18 KM |
| 1 Brotherton Drive | £ 122,000 | 0.39 KM |