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3 bed flat for sale

£130,000

Pilgrims Way, Salford M50

3
Interested in this property? Call +44 161 219 8511 * or

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Property features

  • Potential Rent £750 pcm = Yield Of 6.9%
  • EPC Grade = C
  • Three Double Beds
  • Floor To Ceiling Windows
  • Two Bath
  • Allocated Parking

Property description



** potential rent £750 pcm equating to A gross yield of 6.9% **

A Spacious three double bedroom fifth floor apartment located close to Eccles and Salford Quays, and also within easy walking distance of The Metro Link which provides transport links to the city centre and surrounding areas.

The accommodation briefly comprises, spacious entrance hall with storage cupboard, open plan living / dining / kitchen with floor to ceiling windows, three double bedrooms one with en-suite and main bathroom with a white three piece suite.
Internal viewing is highly recommended. Allocated parking space included. The property is currently let for £695 pcm. EPC Grade = C.

Entrance Hall

Front entrance door with spy hole and letterbox. Spacious hallway with access to all rooms. Storage cupboard housing the hot water cylinder, space for washing machine and storage. Two wall mounted electric panel heaters. Intercom entry phone.

Open Plan Living / Dining / Kitchen (4.1m x 4.7m)

Living / Dining Area:
Lots of natural light into the room from the 7 floor to ceiling windows with dual aspect. Space for living and dining. Wall mounted electric panel heater. Carpet to flooring.
Kitchen Area:
Fitted with a range of red gloss wall and base units with complementary work surfaces over incorporating a stainless steel sink and drainer unit with mixer tap. Stainless steel oven and four ring electric hob with extractor unit over and stainless steel splashback. Part tiled with red tiles. Space for fridge freezer.

Bedroom (3.1m x 3.7m)

Large master bedroom with double glazed window to the rear elevation. Laminate flooring. Wall mounted electric panel heater. Door to en-suite.

En-Suite (2.3m x 1.3m)

Fitted with a white two piece suite comprising, wash hand basin with mixer tap and WC. Shower cubicle. Heated towel rail. Recessed spotlights to the ceiling.

Bedroom (2nd) (4.5m x 2.6m)

A second double bedroom. Double glazed window. Laminate flooring. Wall mounted electric panel heater.

Bedroom (3rd) (3.5m x 2.5m)

A third double bedroom. Double glazed window. Laminate flooring. Wall mounted electric panel heater.

Bathroom

Fitted with a white three piece suite comprising, wash hand basin with mixer tap, panelled bath with mixer shower over and WC. Heated towel rail. Part tiled walls. Extractor fan.

Parking

There is an allocated parking space within the gated complex. Space 201.

Lease Details

We have been advised by the vendor that the service charge is approx. £1000 per annum. The lease is 250 years from 2009. The ground rent is £500 per annum.

Yield

Similar properties let for £750 pcm based on a furnished offering. Therefore based on an asking price purchase gross yield would equate to approximately 6.9%.

Important note to purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

/8

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £202,235 Sales 165 Current average value £190,360 (Zoopla Zed-Index) Value change £6,731 ▲ 3.67%

Property value data/graphs for M50

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £260,685 - - £164,000
Semi-detached £310,167 £324 3.1 -
Terraced £268,001 £290 2.8 £217,571
Flats £185,241 £264 1.9 £201,736

Current asking prices in M50

Average: £206,010
Avg. current asking prices in M50
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £234,995
(1)
£321,248
(4)
- -
Flats £146,512
(18)
£184,802
(29)
£380,943
(11)
- -
All £146,512
(18)
£186,475
(30)
£365,024
(15)
- -

Current asking rents in M50

Average: £851 pcm
Avg. current asking prices in M50
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £723 pcm
(14)
£922 pcm
(42)
£1,033 pcm
(3)
- -
All £723 pcm
(14)
£922 pcm
(42)
£1,033 pcm
(3)
- -

Fun facts for M50

Highest value in M50
Highest value streets Zed-Index
Merchants Quay £305,303
Furness Quay £248,177
The Quays £241,378
Vancouver Quay £210,924
St. Lawrence Quay £199,605
Highest turnover in M50
Highest turnover streets Turnover
Hessel Street 63.2%
Pilgrims Way 40.1%
St. Lawrence Quay 33.3%
Vancouver Quay 30.1%
Labrador Quay 30.0%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (366 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Eccles (Manchester) (0.3 miles)
  • Patricroft (1.2 miles)
  • Trafford Park (2.0 miles)
  • Manchester International Airport (9.2 miles)
  • Liverpool John Lennon Airport (23.9 miles)
  • Blackpool International Airport (35.0 miles)
  • Liverpool Pier Head Ferry Terminal (28.1 miles)
  • Liverpool Belfast Ferry Terminal Bootle (28.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (28.2 miles)

Nearby schools

View all schools in Salford
  • Clarendon Road Community Primary School (0.5 miles)
  • Clarendon Cottage School (0.5 miles)
  • St Mary's RC Primary School (0.6 miles)
  • Chatsworth Futures Limited (0.9 miles)
  • UTC@MediacityUK (1.4 miles)
  • Salford City College (2.0 miles)
  • Ellesmere Park High School (0.7 miles)
  • All Hallows RC High School (0.8 miles)
  • Chatsworth High School and Community College (0.8 miles)
Note: Distances are straight line measurements

Local info for Salford

About the neighbours in M50

AskMe Q&A for Salford

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For more information about this property, please contact
Reeds Rains, M50 on +44 161 219 8511 * (local rate)

Monthly running costs Beta

£709 Monthly total

Mortgage

Purchase price
Deposit (10%) 13,000
Repayment term 25
Interest rate 1.5
Your payment £467 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £30 Electricity £37 Estimated energy cost £67/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9900 kWh/year
Electricity: 2900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Salford

Estimated tax band B Council tax cost £130 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £23 Sewerage £22 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Reeds Rains, and do not constitute property particulars. Please contact Reeds Rains for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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