Embankment West, 3 New Kings Head Yard, SALFORD, M3
By VZ Properties
£ 191,000
Reviews
4 out of 5 stars
VZ Properties says ..
CITY CENTRE AROUND THE CORNER! 3rd Floor One-Bed Apartment in the Embankment West development. 527 Sq. Ft. EWS1 Form Available. Subject to Contract. EWS1 Form Available. Mortgage Buyers Welcome. Available to both Investors and Owner-Occupants. Currently 6.91% Rental Yield @ ...
Property Oracle says ..
The property is a 1-bedroom, 1-bathroom apartment located in Salford, Manchester, close to Manchester Piccadilly station and several other transport links. The area has a mix of properties, with some nearby properties significantly more expensive than the subject property, suggesting potential for future price appreciation depending on market conditions. However, there is also a range of less expensive properties nearby, indicating some price variation within the immediate vicinity. The proximity to Manchester Piccadilly is a significant positive, offering excellent transport links. The presence of several schools within a reasonable distance is another positive factor for families or investors considering rental income.
The apartment itself appears to be modern and well-maintained, based on the provided images. The kitchen and bathroom are contemporary, and the living space is presented in excellent condition. There is no evidence of any significant need for renovation or repair. The lack of information regarding the plot size and square footage of the apartment limits a more comprehensive assessment of the land and value per square foot.
Considering the average house price in the area is significantly higher than the listed price of this property, this suggests that the property may be underpriced. However, the lack of information regarding the size of the apartment makes it difficult to definitively assess the value for money. Further investigation into the precise size of the property would be needed to determine whether the price is truly competitive. The lack of external photos prevents a full assessment of the external condition and any outdoor space.
Therefore, we give this property 8 / 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
- 0
- 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
- 344,188.00 £Increased by 14.03 %
- Average area rental value
- 1,585.00 £/moIncreased by 8.19 %
- Est rental Yield
- 5.53 %Decreased by 4.98 %
- Crime Rate
- 0.00 %
Agent Activity
VZ Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| King Of Kings | Other Independent School | Good | 0.17 KM |
| The Cooperative College | Miscellaneous | 0.54 KM | |
| Chetham'S School Of Music | Other Independent School | 0.96 KM | |
| Eden Boys' Leadership Academy, Manchester | Free Schools | 0.98 KM | |
| Abbott Community Primary School | Community School | Outstanding | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| New Mount Street | £ 150,000 | 0 | 0.00 KM |
| Irk Street | £ 392,500 | 0 | 0.00 KM |
| Baptist Street | £ 270,563 | 0 | 0.00 KM |
| Little Nelson Street | £ 0 | 0 | 0.00 KM |
| Durant Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Victoria | 2970 | MCV | 0.84 KM |
| Manchester Piccadilly | 2968 | MAN | 1.34 KM |
| Manchester Oxford Road | 2966 | MCO | 1.80 KM |
| Salford Central | 2798 | SFD | 2.27 KM |
| Deansgate | 2963 | DGT | 2.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mount Yard, Old Mount Street, Manchester, Greater Manchester, M4 | £ 495,000 | BUY | 6 / 10 | 0.00 KM |
| Old Mount Street, Manchester, M4 | £ 400,000 | BUY | 7 / 10 | 0.00 KM |
| Old Mount Street, Manchester, Greater Manchester, M4 | £ 225,000 | BUY | 6 / 10 | 0.00 KM |
| Embankment West, 3 New Kings Head Yard, SALFORD, M3 | £ 191,000 | BUY | 8 / 10 | 0.00 KM |
| Old Mount Street, Manchester, M4 | £ 480,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 4 Len Cox Walk | £ 156,000 | 0.43 KM |
| 9 Len Cox Walk | £ 73,500 | 0.43 KM |
| 19 Len Cox Walk | £ 85,000 | 0.43 KM |
| 20 Len Cox Walk | £ 165,000 | 0.43 KM |
| 32 Len Cox Walk | £ 245,000 | 0.43 KM |