Greengate, Manchester City Centre, Greater Manchester, M3
Philip James Manchester logo

Greengate, Manchester City Centre, Greater Manchester, M3

By Philip James Manchester

£ 112,950

Reviews

2 out of 5 stars

Philip James Manchester says ..

***INVESTMENT OPPORTUNITY*** This 8th floor STUDIO apartment is well presented and offers a fantastic INVESTMENT opportunity that provides a 9.1% YIELD!. Abito is well located close to BLACKFRIARS and DEANSGATE. The accommodation comprises; living area with kitchenette, large balcony, bedroom are...

Property Oracle says ..

This studio apartment in the Abito development in Salford, Manchester City Centre offers a convenient city-centre location with easy access to Manchester Victoria and Salford Central train stations, enhancing its appeal. The property is presented as a buy-to-let investment opportunity boasting an attractive yield. The apartment itself features modern, if somewhat basic, fixtures and fittings; pictures show a functional space including a compact kitchen, living area, and a fold-away bed. The balcony provides limited external space. However, its condition shows signs of wear. Overall, the property is suitable as a starter home or buy-to-let option, depending on an investor’s risk tolerance for a smaller space with limited outdoor area, and the specific condition of the building/apartment beyond the photo provided.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
355.21

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
201,404.07 £
Increased by 75.54 %
from 114,732.83 £
Average area rental value
1,504.00 £/mo
Increased by 8.59 %
from 1,385.00 £/mo
Est letting value
710.42 £/mo
Unchanged by 0.00 %
from 710.42 £/mo
Est rental Yield
5.12 %
Decreased by 32.28 %
from 7.56 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Philip James Manchester marked this listing as sold.

  • Philip James Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
Chetham'S School Of MusicOther Independent School0.69 KM
Abbey College ManchesterOther Independent School0.90 KM
Cheetwood Primary SchoolCommunity SchoolGood0.93 KM
The Friars Primary SchoolCommunity SchoolRequires improvement1.03 KM
The Cooperative CollegeMiscellaneous1.12 KM

Images

Picture No. 19 Photo Photo Photo Picture No. 17 Picture No. 18 Photo Google Maps Image

Nearby Streets

NameAverage PriceAverage SqftDistance
Boond Street £ 000.00 KM
East Reservoir Street £ 485,00000.00 KM
Sandywewll Lane £ 500,00000.00 KM
Gorton Street £ 000.00 KM
Gorton Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.76 KM
Salford Central2798SFD0.77 KM
Deansgate2963DGT1.48 KM
Manchester Oxford Road2966MCO1.70 KM
Manchester Piccadilly2968MAN2.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Greengate, Manchester City Centre, Greater Manchester, M3 £ 112,950BUY5 / 100.00 KM
Abito, Salford, City Centre, M3 £ 115,000BUY5 / 100.00 KM
Bankside Boulevard, Salford, Manchester, M3 £ 440,000BUY5 / 100.00 KM
Embankment Exchange, Greengate, Salford, £ 360,000BUY5 / 100.00 KM
Abito, Greengate, Manchester £ 149,500BUYUnknown0.00 KM

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AddressPriceDistance
22 Evans Street £ 37,5000.29 KM
7 Evans Street £ 72,5000.29 KM
29 Evans Street £ 145,0000.29 KM
6 Evans Street £ 261,0000.29 KM
1 Evans Street £ 30,0000.29 KM