Novella, 15 Stanley Street, Manchester, M3
VZ

Novella, 15 Stanley Street, Manchester, M3

By VZ Properties

£ 240,000

Reviews

3 out of 5 stars

VZ Properties says ..

Amazing 10th Floor 1-Bed 1-Bath Apartment in the Novella apartment development. 474 Sq Ft. EWS1 Form Available. EWS1 Available. Mortgage Buyers Welcome. Available to both Investors and Owner-Occupants. Currently 6.25% Rental Yield @ £1250 PCM. Projected 6.50% Ren...

Property Oracle says ..

This one-bedroom, one-bathroom apartment in Salford’s Novella development presents a compelling opportunity for first-time buyers or investors. The property boasts a contemporary design with high-quality finishes, apparent from the included photos. The apartment’s modern amenities and appliances are a clear advantage. Its location near Salford Central train station offers convenient access to Manchester city centre and beyond. The nearby Spinningfields area provides a range of amenities such as restaurants and bars, enhancing the lifestyle appeal. The building features an impressive array of resident-only facilities, including a 24-hour concierge, adding a layer of luxury and convenience. The lack of outdoor space is typical for apartment living in this area but is a drawback for those seeking a private garden. Overall, the property presents a solid investment or homeownership prospect, balancing attractive features with the constraints of apartment living in a densely populated urban environment. While additional information such as service charges and potential ongoing maintenance costs would inform a more comprehensive assessment, based on the available data, this property appears to be a fair-value offering within the Salford housing market. Further price comparison and local market trend analysis would be beneficial to fine-tune the valuation.

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
1
Bedrooms
1
Bathrooms
1
Sqft (est)
590.51

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
317,241.00 £
Increased by 23.69 %
from 256,486.00 £
Est sale value
299,388.57 £
Increased by 33.42 %
from 224,393.80 £
Average area rental value
1,453.00 £/mo
Increased by 5.60 %
from 1,376.00 £/mo
Est letting value
1,181.02 £/mo
Unchanged by 0.00 %
from 1,181.02 £/mo
Est rental Yield
5.50 %
Decreased by 14.60 %
from 6.44 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • VZ Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
St Philip'S Cofe Primary SchoolVoluntary Aided SchoolGood0.60 KM
The Cathedral School Of St Peter And St John Rc PrimaryVoluntary Aided SchoolRequires improvement0.83 KM
The Friars Primary SchoolCommunity SchoolRequires improvement1.00 KM
St Wilfrid'S Rc Primary SchoolVoluntary Aided SchoolGood1.35 KM
University Of SalfordHigher Education InstitutionsGood1.44 KM

Images

Bedroom Picture 8 Picture No. 13 Living Room Living Room Living Room Kitchen Bathroom Concierge Concierge Communal Area Communal Area Communal Area

Nearby Streets

NameAverage PriceAverage SqftDistance
Irwell Street £ 387,49800.00 KM
Clermont Way £ 000.00 KM
Goods Yard St £ 320,00000.00 KM
North Star Drive £ 000.00 KM
Old Medlock Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Salford Central2798SFD0.51 KM
Deansgate2963DGT1.02 KM
Manchester Oxford Road2966MCO1.91 KM
Manchester Victoria2970MCV1.92 KM
Salford Crescent2794SLD2.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stanley Street, Salford £ 290,000BUYUnknown0.00 KM
Stanley Street, Salford £ 360,000BUYUnknown0.00 KM
Novella, 15 Stanley Street, Manchester, M3 £ 240,000BUY6 / 100.00 KM
Stanley Street, Salford, Manchester, M3 £ 375,000BUY6 / 100.00 KM
Novella, 15 Stanley Street, Salford, M3 £ 210,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
225 Chapel Street £ 107,5000.36 KM
245 Chapel Street £ 73,5000.36 KM
237 Chapel Street £ 72,5000.36 KM
219 Chapel Street £ 102,0000.36 KM
227 Chapel Street £ 65,0000.36 KM