Great Buy To Let
AU

Great Buy To Let

By Auction Agent

£ 100,000

Reviews

2 out of 5 stars

Auction Agent says ..

For sale by online auction starting on Tuesday 17th September 2024, bidding will be on the Auction Agent website. Auction Agent is pleased to bring to the market this modern, eighth floor studio apartment situated in the popular X Q 7 Building in Salford, The apartment comprises of an open plan l...

Property Oracle says ..

This studio apartment in Salford Quays, Salford, offers a potentially good investment opportunity due to its location and transport links. The apartment is situated within the XQ7 building, and Exchange Quay tram station is conveniently located nearby, allowing for easy access to both Manchester city centre and MediaCityUK. While the provided images suggest the apartment is in reasonable condition, a thorough survey would be required to identify any potential maintenance issues. The apartment benefits from a modern design. There is an allocated parking space; this should be confirmed before bidding on the property.

The absence of external space is a significant drawback, which is common in studio apartments. The lack of nearby amenities, which is unclear from the given information, and the condition of the property could affect its desirability and potential rental income. Therefore, given the lack of information regarding local pricing data, it’s difficult to definitively assess whether the property’s price represents good value for money.

Potential buyers should consider the absence of parking and any associated service charges and ground rents before making a decision. A thorough survey and inspection are essential before bidding in the online auction. The property may appeal to investors or first-time buyers seeking an affordable property in a well-connected location. However, the lack of land and the unknown service charges mean it might not be suited to all buyers.

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
0
Bathrooms
1
Sqft (est)
538.19

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
298,335.00 £
Increased by 24.44 %
from 239,734.00 £
Est sale value
241,647.31 £
Increased by 22.34 %
from 197,515.73 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est letting value
1,076.38 £/mo
Increased by 100.00 %
from 538.19 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Auction Agent marked this listing as sold.

  • Auction Agent created the listing.

Nearby Schools

NameTypeOfstedDistance
Oasis Academy MediacityukAcademy Sponsor LedGood0.85 KM
St Joseph'S Rc Primary SchoolVoluntary Aided SchoolRequires improvement0.90 KM
Primrose Hill Children'S CentreChildren's Centre Linked Site1.08 KM
Primrose Hill Primary School And Children'S CentreCommunity SchoolRequires improvement1.10 KM
Old Trafford Children'S CentreChildren's Centre Linked Site1.27 KM

Images

Entrance Lounge Bedroom Bathroom Plan Kitchen Exterior Exterior location

Nearby Streets

NameAverage PriceAverage SqftDistance
Hulton Street £ 000.00 KM
Clippers Quay £ 000.00 KM
Trafford Road £ 159,00000.00 KM
Nine Acre Drive £ 000.00 KM
Wharfside Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF1.22 KM
Salford Crescent2794SLD2.17 KM
Salford Central2798SFD3.37 KM
Deansgate2963DGT3.40 KM
Trafford Park2969TRA3.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
X Q 7 Building, Taylorson Street South, Salford, M5 3fy £ 145,000BUY5 / 100.00 KM
Taylorson Street South, Salford £ 85,000BUY5 / 100.00 KM
Taylorson Street South, Salford £ 175,000BUY5 / 100.00 KM
Taylorson Street South, Salford £ 175,000BUYUnknown0.00 KM
X Q 7 Building, Taylorson Street South, Salford, M5 3FY £ 155,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
41 Craven Drive £ 161,0000.13 KM
9 Treelands Walk £ 143,0000.27 KM
3 Treelands Walk £ 85,0000.27 KM
7 Treelands Walk £ 51,5000.27 KM
8 Treelands Walk £ 90,1000.27 KM