X1 Chapel Street, 272 Chapel Street, Salford M3 5JZ
YI

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 %
from 219,842.00 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/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
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.16 KM
The Cathedral School Of St Peter And St John Rc PrimaryVoluntary Aided SchoolRequires improvement0.49 KM
The Friars Primary SchoolCommunity SchoolRequires improvement0.75 KM
University Of SalfordHigher Education InstitutionsGood0.87 KM
River View Community Primary SchoolCommunity SchoolGood1.00 KM

Images

chapelst306sIMG_9900.jpg chapelst306sIMG_9904.jpg chapelst306sIMG_9902.jpg chapelst306sIMG_9914.jpg chapelst306sIMG_9915.jpg chapelst306sIMG_9905.jpg chapelst306sIMG_9908.jpg chapelst306sIMG_9911.jpg chapelst306sIMG_9897.jpg chapelst306sIMG_9896.jpg chapelst306sIMG_9901.jpg chapelst306sIMG_9898.jpg chapelst306sIMG_9899.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
North Star Drive £ 000.00 KM
Rolling Street £ 000.00 KM
Clermont Way £ 000.00 KM
West Dean Street £ 000.00 KM
Irwell Street £ 387,49800.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD0.88 KM
Salford Crescent2794SLD1.47 KM
Deansgate2963DGT1.67 KM
Manchester Victoria2970MCV2.28 KM
Manchester Oxford Road2966MCO2.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chapel Street, 272 Chapel Street, Salford M3 5JZ £ 39,000BUY7 / 100.00 KM
X1 Chapel Street, 272 Chapel Street, Salford M3 5JZ £ 35,000BUY6 / 100.00 KM
Chapel Street, Salford, Salford, M3 £ 7,000BUY6 / 100.02 KM
Chapel Street, Salford, M3 £ 45,000BUY5 / 100.02 KM
Chapel Street, Salford, M3 £ 40,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
24 Barrow Street £ 225,0000.11 KM
18 Barrow Street £ 225,0000.11 KM
8 Encombe Place £ 222,5000.12 KM
357 Chapel Street £ 70,0000.18 KM
1 Brotherton Drive £ 122,0000.39 KM