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 %
- Est sale value
- 241,647.31 £Increased by 22.34 %
- Average area rental value
- 1,397.00 £/moIncreased by 10.61 %
- Est letting value
- 1,076.38 £/moIncreased by 100.00 %
- Est rental Yield
- 5.62 %Decreased by 11.08 %
- Crime Rate
- 0.00 %
Agent Activity
Auction Agent marked this listing as sold.
Auction Agent created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Oasis Academy Mediacityuk | Academy Sponsor Led | Good | 0.85 KM |
| St Joseph'S Rc Primary School | Voluntary Aided School | Requires improvement | 0.90 KM |
| Primrose Hill Children'S Centre | Children's Centre Linked Site | 1.08 KM | |
| Primrose Hill Primary School And Children'S Centre | Community School | Requires improvement | 1.10 KM |
| Old Trafford Children'S Centre | Children's Centre Linked Site | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hulton Street | £ 0 | 0 | 0.00 KM |
| Clippers Quay | £ 0 | 0 | 0.00 KM |
| Trafford Road | £ 159,000 | 0 | 0.00 KM |
| Nine Acre Drive | £ 0 | 0 | 0.00 KM |
| Wharfside Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester United Football Ground | 2996 | MUF | 1.22 KM |
| Salford Crescent | 2794 | SLD | 2.17 KM |
| Salford Central | 2798 | SFD | 3.37 KM |
| Deansgate | 2963 | DGT | 3.40 KM |
| Trafford Park | 2969 | TRA | 3.57 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| X Q 7 Building, Taylorson Street South, Salford, M5 3fy | £ 145,000 | BUY | 5 / 10 | 0.00 KM |
| Taylorson Street South, Salford | £ 85,000 | BUY | 5 / 10 | 0.00 KM |
| Taylorson Street South, Salford | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Taylorson Street South, Salford | £ 175,000 | BUY | Unknown | 0.00 KM |
| X Q 7 Building, Taylorson Street South, Salford, M5 3FY | £ 155,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Craven Drive | £ 161,000 | 0.13 KM |
| 9 Treelands Walk | £ 143,000 | 0.27 KM |
| 3 Treelands Walk | £ 85,000 | 0.27 KM |
| 7 Treelands Walk | £ 51,500 | 0.27 KM |
| 8 Treelands Walk | £ 90,100 | 0.27 KM |