Bridgewater Point, Ordsall Lane, Salford, M5 4TX
By yieldit
£ 140,000
Reviews
3 out of 5 stars
yieldit says ..
ATTENTION INVESTORS - GENERATE A 5.85% NET RETURN FROM COMPLETION! An unmissable high specification top floor apartment with large terrace in the popular Bridgewater Point development, walking distance from the city centre.
Property Oracle says ..
The property is a 1-bedroom, 1-bathroom apartment located in Salford, Greater Manchester. The location benefits from being relatively close to several train stations, including Salford Crescent and Salford Central, offering convenient access to Manchester city centre. Several primary and secondary schools are within a reasonable distance, making it potentially attractive to families or investors targeting the rental market to students at the University of Salford. The images suggest the apartment is in good condition and has been recently modernised or well maintained. The kitchen and bathroom appear clean and well-equipped. The living area is spacious and furnished, and the bedroom offers a comfortable living space. The presence of a balcony provides additional outdoor space. While the plot size and square footage are not provided, the list price of £140,000 appears relatively low compared to the average price of £261,322 for similar properties in the area. However, without knowing the exact square footage of the apartment, a definitive conclusion on value for money cannot be made. Further investigation into the specific size of the property and comparison to other similarly sized and appointed properties in the immediate vicinity is needed to confirm if this price represents good value. Considering the factors above, the property presents a potentially attractive investment opportunity, particularly for first-time buyers or those seeking a modern apartment in a convenient location. However, further due diligence is recommended to verify the property’s exact size and to compare it to other comparable properties in the area to confirm the pricing is competitive.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 8
- Land
- 3
- Bedrooms
- 1
- 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
- 298,335.00 £Increased by 24.44 %
- Average area rental value
- 1,397.00 £/moIncreased by 10.61 %
- Est rental Yield
- 5.62 %Decreased by 11.08 %
- Crime Rate
- 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Philip'S Cofe Primary School | Voluntary Aided School | Good | 0.94 KM |
| University Of Salford | Higher Education Institutions | Good | 1.06 KM |
| Old Trafford Community Academy | Academy Converter | Good | 1.09 KM |
| Primrose Hill Primary School And Children'S Centre | Community School | Requires improvement | 1.09 KM |
| Primrose Hill Children'S Centre | Children's Centre Linked Site | 1.09 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Woden Street | £ 130,000 | 0 | 0.00 KM |
| Asgard Drive | £ 225,000 | 0 | 0.00 KM |
| Dyer Street | £ 265,000 | 0 | 0.00 KM |
| Waterways Avenue | £ 49,995 | 0 | 0.00 KM |
| Worrall Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Salford Crescent | 2794 | SLD | 1.64 KM |
| Salford Central | 2798 | SFD | 1.64 KM |
| Deansgate | 2963 | DGT | 1.77 KM |
| Manchester Oxford Road | 2966 | MCO | 2.77 KM |
| Manchester United Football Ground | 2996 | MUF | 2.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bridgewater Point, Ordsall Lane, Salford, M5 4TX | £ 140,000 | BUY | 6 / 10 | 0.00 KM |
| South Hall Street | £ 213,000 | BUY | 6 / 10 | 0.02 KM |
| South Hall Street | £ 281,000 | BUY | 6 / 10 | 0.02 KM |
| Ordsall Lane, Salford, Manchester, M5 | £ 235,000 | BUY | 8 / 10 | 0.03 KM |
| RIVERGATE HOUSE (BLOCK A), WILBURN BASIN, SALFORD | £ 310,000 | BUY | 6 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 18 Freya Grove | £ 110,000 | 0.21 KM |
| 31 Freya Grove | £ 139,000 | 0.21 KM |
| 9 Wodens Avenue | £ 155,000 | 0.29 KM |
| 16 Wodens Avenue | £ 125,000 | 0.29 KM |
| 18 Wodens Avenue | £ 105,000 | 0.29 KM |