City Co-Living Media City, 5 Missouri Avenue, Salford, M50
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City Co-Living Media City, 5 Missouri Avenue, Salford, M50

By Aspen Woolf Ltd

£ 122,000

Reviews

3 out of 5 stars

Aspen Woolf Ltd says ..

Comprising of 120 fully furnished, studio and 1-bedroom apartments, City Co-Living Media City offers investors a projected 6% rental return. If you?re looking for a hassle-free property investment, City Co-Living Media City is the development for you.

Property Oracle says ..

The property is a studio apartment located in Salford, Greater Manchester. The apartment is part of a modern development, as shown in the provided images. It features a contemporary design with an open-plan layout combining the living, sleeping, and kitchen areas. The location is near MediaCityUK, offering proximity to various amenities and transport links. Several train stations are within a reasonable distance, providing convenient access to Manchester and other areas. There are also schools nearby, although the provided data does not offer sufficient detail on their quality to make a definitive assessment. Based on the images, the apartment appears to be in excellent condition, with modern fixtures and fittings. There is no visible evidence of wear and tear or the need for renovation. The lack of a garden is noted, as is typical for studio apartments in urban settings. Considering the list price of £122,000 and the average price per square foot in the area (£606), the property seems reasonably priced, especially when compared to other nearby studio apartments, which are listed at higher prices. However, the provided data on nearby properties does not include square footage, making a precise comparison challenging. The average price of properties in the area is significantly higher (£732,497), but this is skewed by larger properties; the average size being 1,208 sqft compared to this property’s 175 sqft.

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
8
Condition
10
Location
8
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
175.00

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
367,000.00 £
Decreased by 26.35 %
from 498,335.00 £
Est sale value
62,475.00 £
Decreased by 24.36 %
from 82,600.00 £
Average area rental value
1,925.00 £/mo
Increased by 20.01 %
from 1,604.00 £/mo
Est letting value
175.00 £/mo
Unchanged by 0.00 %
from 175.00 £/mo
Est rental Yield
6.29 %
Increased by 62.95 %
from 3.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Aspen Woolf Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Langworthy Children'S CentreChildren's Centre Linked Site0.43 KM
Aldridgeutc@MediacityukUniversity Technical College0.58 KM
Willow Tree Primary SchoolCommunity SchoolGood0.64 KM
Lark Hill Community Primary SchoolCommunity SchoolRequires improvement1.16 KM
Holy Family Va Rc Primary SchoolVoluntary Aided SchoolOutstanding1.20 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Greenland Street £ 000.00 KM
Buckingham Avenue £ 000.00 KM
Mode Wheel Road £ 000.00 KM
Ohio Avenue £ 205,29400.00 KM
Hodge Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF2.18 KM
Salford Crescent2794SLD2.59 KM
Trafford Park2969TRA3.14 KM
Eccles (Manchester)2950ECC4.04 KM
Humphrey Park2937HUP4.49 KM

Nearby Properties

AddressPriceDistance
18 Kirkham Street £ 98,0000.22 KM
11 Cardigan Street £ 99,0000.28 KM
8 Cardigan Street £ 120,0000.28 KM
7 Cardigan Street £ 84,0000.28 KM
14 Rostherne Street £ 56,0000.28 KM