Manchester Street, Manchester, Greater Manchester, M16
MC

Manchester Street, Manchester, Greater Manchester, M16

By McGowan Housing

£ 510,000

Reviews

2 out of 5 stars

McGowan Housing says ..

Multi-Unit Property | Buy-to-Let Opportunity | Block of 3 Residential 2 Bedroom Flat | Lounge and Kitchen | City Centre Location - Perfect for Renters!

Property Oracle says ..

This listing presents a multi-unit property located on Manchester Street in Trafford, Manchester. The property comprises a block of three, two-bedroom flats, each boasting a lounge and kitchen area. Given the property is described as a buy-to-let opportunity, an assessment of its rental potential is crucial. The exact size of each flat is not provided, making a precise price-per-square-foot analysis challenging. The location, while in the city of Manchester, which has robust transport links and educational institutions nearby, needs further assessment to determine the desirability of the specific street. The provided images reveal a modern, clean, and reasonably maintained interior. However, a lack of exterior space or garden is a drawback. The lack of bathroom data per unit is unusual and hinders a complete assessment. The price point needs more context to be properly evaluated. A detailed breakdown of expenses, potential rental income, and comparable sales data is necessary to fully determine whether the list price represents good value for money. Overall, this property holds potential, but there are significant information gaps preventing a fully informed assessment.

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
6
Bathrooms
0
Sqft (est)
997.49

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
267,129.00 £
Decreased by 12.91 %
from 306,730.00 £
Est sale value
386,028.63 £
Increased by 28.15 %
from 301,241.98 £
Average area rental value
1,415.00 £/mo
Increased by 8.85 %
from 1,300.00 £/mo
Est letting value
1,994.98 £/mo
Increased by 100.00 %
from 997.49 £/mo
Est rental Yield
6.36 %
Increased by 24.95 %
from 5.09 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
Old Trafford Community AcademyAcademy ConverterGood0.31 KM
St Alphonsus Rc Primary SchoolVoluntary Aided SchoolOutstanding0.49 KM
Old Trafford Children'S CentreChildren's Centre Linked Site0.58 KM
Afifah SchoolOther Independent SchoolGood0.65 KM
Seymour Park Community Primary SchoolCommunity SchoolOutstanding0.85 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Northumberland Crescent £ 135,00000.00 KM
Fernleigh Drive £ 000.00 KM
Trafford Bank Road £ 000.00 KM
Virgil Street £ 000.00 KM
Chester Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Deansgate2963DGT2.15 KM
Salford Central2798SFD2.52 KM
Manchester United Football Ground2996MUF2.53 KM
Salford Crescent2794SLD2.60 KM
Manchester Oxford Road2966MCO3.05 KM

Nearby Properties

AddressPriceDistance
2 Farwood Close £ 225,0000.12 KM
7 Farwood Close £ 159,9990.12 KM
6 Farwood Close £ 52,0000.12 KM
3 Farwood Close £ 122,0000.12 KM
9 Farwood Close £ 59,9500.12 KM