Cathedral Approach, Manchester, Greater Manchester, M3
PU

Cathedral Approach, Manchester, Greater Manchester, M3

By Pure Investor

£ 495,000

Reviews

3 out of 5 stars

Pure Investor says ..

Luxury 3-Bedroom Apartment at Embankment Exchange | Three Spacious Bedrooms | On-Site Gym & Spa Facilities | Indoor Swimming Pool | Resident Lounge & Co-Working Spaces

Property Oracle says ..

This apartment is situated in the Blackfriars & Trinity locality of Salford, Greater Manchester. The area benefits from its proximity to Manchester Victoria train station (0.46km), providing convenient access to the wider city and beyond. Several other train stations are also within reasonable distance. The presence of schools like Chetham’s School of Music (0.35km) and Cheetwood Primary School (1.15km) adds to the area’s family-friendly appeal, although further investigation into the specific catchment areas would be needed for a definitive assessment. The nearby New Cathedral Street boasts a significantly higher average house price, suggesting a potentially desirable location. However, the lack of information on the immediate surroundings of the apartment itself prevents a more precise evaluation of its location score. Based on the provided images, the apartment appears to be in excellent condition. The interior is modern, clean, and well-maintained. The fixtures and fittings look new or very recently installed. There is no visible evidence of wear and tear or the need for repairs or renovations. The property listing shows a plot size of 0.00 sqft, indicating that this is an apartment with no associated land or garden. The list price of £495,000 for a 1,062.40 sqft apartment translates to approximately £466 per sqft. This is significantly higher than the average price per sqft in the area (£435). While the apartment appears to be in excellent condition and benefits from a potentially good location, the price per sqft is notably above average. The higher price may be justified by the modern finishes, the amenities (gym access shown in photos), and the desirable location, but a comprehensive market analysis comparing similar properties in the area is needed to fully determine if the asking price represents good value. The limited information regarding comparable properties in the area makes a conclusive assessment of the price challenging.

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
10
Location
8
Land
1
Bedrooms
3
Bathrooms
2
Sqft (est)
1,062.40

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 £
Est sale value
602,380.80 £
Increased by 75.54 %
from 343,155.20 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
2,124.80 £/mo
Unchanged by 0.00 %
from 2,124.80 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
Chetham'S School Of MusicOther Independent School0.35 KM
Abbey College ManchesterOther Independent School0.60 KM
The Cooperative CollegeMiscellaneous0.79 KM
Cheetwood Primary SchoolCommunity SchoolGood1.15 KM
King Of KingsOther Independent SchoolGood1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Bridge Street £ 000.00 KM
Gorton Street £ 000.00 KM
Gorton Street £ 000.00 KM
Victoria Street £ 000.00 KM
Blackfriars Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.46 KM
Salford Central2798SFD0.98 KM
Deansgate2963DGT1.43 KM
Manchester Oxford Road2966MCO1.44 KM
Manchester Piccadilly2968MAN1.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
City Suites, Chapel Street, Salford, M3 7NH £ 220,000BUY5 / 100.08 KM
Exchange Point, Embankment West, New Kings Head Yard, Salford, M3 £ 260,000BUY6 / 100.08 KM
16 Chapel Street, Salford, M3 £ 210,000BUY6 / 100.09 KM
16 Chapel Street, Salford, M3 £ 200,000BUY6 / 100.09 KM
Chapel Street, Salford, Greater Manchester, M3 £ 215,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
16 Bridgewater Street £ 368,5920.10 KM
7 Evans Street £ 72,5000.64 KM
6 Evans Street £ 261,0000.64 KM
22 Evans Street £ 37,5000.64 KM
29 Evans Street £ 145,0000.64 KM