Westpoint, 501 Chester Road, Manchester, M16
VZ

Westpoint, 501 Chester Road, Manchester, M16

By VZ Properties

£ 150,000

Reviews

2 out of 5 stars

VZ Properties says ..

GREAT NEWS for INVESTORS, HIGH RENTAL YIELD. VIEW TO the Manchester United. Located in the sought-after West Point development on Chester Road in Old Trafford, this two-bedroom apartment 650 Sq Ft. EWS1 B1 rated. Currently 10.8% Rental Yield @ £1350 PCM Projected 11.2%...

Property Oracle says ..

This two-bedroom apartment at Westpoint, 501 Chester Road, Manchester, M16 is situated in a convenient location with good transport links. The nearby Manchester United Football Ground and multiple train stations provide easy access to the wider Manchester area and beyond. Several schools with good Ofsted ratings are within a reasonable distance, making it potentially attractive to families.

The apartment itself appears modern and well-maintained, based on the interior photographs. The finishes are contemporary, and the overall condition seems to be good. However, the absence of exterior pictures or information regarding the communal areas beyond the photos provided prevents a fully comprehensive assessment of the overall property condition. The lack of external space is a notable downside.

In terms of pricing, the listed price of £150,000 appears relatively competitive for the Manchester property market, particularly in areas with convenient transport links and good schools, and within the price range of several nearby comparable properties. However, without detailed comparative data regarding the square footage of nearby properties, a definitive judgment on value for money cannot be definitively stated. The significant difference in size between the advertised property and some comparative listings highlights a potential bias in those listings. This requires a more in-depth analysis to get a fairer measure of the price per square foot.

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
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
817.00

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
267,129.00 £
Decreased by 12.91 %
from 306,730.00 £
Est sale value
316,179.00 £
Increased by 28.15 %
from 246,734.00 £
Average area rental value
1,415.00 £/mo
Increased by 8.85 %
from 1,300.00 £/mo
Est letting value
1,634.00 £/mo
Increased by 100.00 %
from 817.00 £/mo
Est rental Yield
6.36 %
Increased by 24.95 %
from 5.09 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • VZ Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
Old Trafford Children'S CentreChildren's Centre Linked Site0.23 KM
Seymour Park Community Primary SchoolCommunity SchoolOutstanding0.54 KM
Old Trafford Community AcademyAcademy ConverterGood0.84 KM
St Alphonsus Rc Primary SchoolVoluntary Aided SchoolOutstanding0.98 KM
Afifah SchoolOther Independent SchoolGood1.10 KM

Images

Picture 1 Kitchen Bathroom Picture 2 Living Room Bedroom Bedroom Bathroom Picture 9 Picture 10 Picture 11 Picture 12 Picture 13

Nearby Streets

NameAverage PriceAverage SqftDistance
Stanley Close £ 210,00000.00 KM
Trafford Bank Road £ 000.00 KM
Northumberland Crescent £ 135,00000.00 KM
Jubilee Court, Seymour Grove £ 000.00 KM
Elsinore Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF2.01 KM
Salford Crescent2794SLD2.63 KM
Deansgate2963DGT2.67 KM
Salford Central2798SFD2.95 KM
Manchester Oxford Road2966MCO3.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
Westpoint, Manchester £ 108,000BUY6 / 100.00 KM
Westpoint, 501 Chester Road, Manchester, M16 £ 150,000BUY5 / 100.00 KM
Westpoint, 501 Chester Road, Manchester, M16 £ 160,000BUYUnknown0.00 KM
West Point, Chester Road, Old Trafford, Stretford, Manchester, M16 £ 120,000BUY5 / 100.00 KM
Apartment 320 West Point, Manchester £ 139,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
92 Stanley Road £ 135,0000.14 KM
98 Stanley Road £ 158,0000.14 KM
74 Stanley Road £ 139,9500.14 KM
76 Stanley Road £ 130,0000.14 KM
97 Humphrey Road £ 173,0000.17 KM