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Studio for sale

£130,000

Spectrum, Blackfriars Road, Blackfriars M3

1 1
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Property description

Built by award winning property developers Dandara, Spectrum encompasses urban living with attractive landscaped communal gardens creating a tranquil haven within Manchester city centre.

The area is easily accessible via Manchester's inner ring road and the development is a stone throw from Victoria or Salford Central train stations. Public transport links to and from surrounding areas allow commuters to travel quickly and frequently between destinations. A short walk over the river Irwell brings you to Deansgate which offers a number of local amenities such as shops, cafes, bars and restaurants.

The development is accessed via a fob controlled communal entrance with lift access to all floor and benefits from a 24 hour concierge service.

Property briefly comprises: Entrance/hallway with storage cupboard; Open plan lounge/diner with access to Juliet balcony; Fully integrated kitchen with appliances; Bedroom area with fitted wardrobe; Shower room.

The property is tenanted until 18th August 2018 achieving £8,100 per annum, offers a 6.2% gross rental yield and is offered chain free without parking.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £222,597 Sales 343 Current average value £207,355 (Zoopla Zed-Index) Value change £2,356 ▲ 1.15%

Property value data/graphs for M3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £268,658 - 2.6 -
Semi-detached £156,745 £182 2.5 £163,616
Terraced £194,302 £257 2.5 £278,932
Flats £209,457 £310 1.8 £217,444

Current asking prices in M3

Average: £270,488
Avg. current asking prices in M3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £523,500
(3)
£349,975
(2)
£493,685
(1)
-
Flats £171,672
(98)
£291,989
(134)
£385,781
(34)
£2,237,500
(2)
-
All £171,672
(98)
£297,059
(137)
£383,792
(36)
£1,656,228
(3)
-

Current asking rents in M3

Average: £1,127 pcm
Avg. current asking prices in M3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £477 pcm
(1)
£1,248 pcm
(1)
£1,460 pcm
(1)
- -
Flats £945 pcm
(85)
£1,270 pcm
(135)
£1,277 pcm
(10)
- £2,860 pcm
(1)
All £940 pcm
(86)
£1,270 pcm
(136)
£1,294 pcm
(11)
- £2,860 pcm
(1)

Fun facts for M3

Highest value in M3
Highest value streets Zed-Index
St. Marys Parsonage £333,584
Deansgate £318,728
St. Philips Square £303,738
King Street West £303,054
Leftbank £290,022
Highest turnover in M3
Highest turnover streets Turnover
Regent Road 60.0%
Greengate West 57.1%
Encombe Place 50.0%
Lower Byrom Street 41.3%
Wadlow Close 38.5%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (403 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Salford:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Salford Central (0.3 miles)
  • Manchester Victoria (0.3 miles)
  • Deansgate (0.8 miles)
  • Manchester International Airport (9.2 miles)
  • Liverpool John Lennon Airport (26.9 miles)
  • Leeds Bradford International Airport (35.7 miles)
  • Liverpool Pier Head Ferry Terminal (31.2 miles)
  • Liverpool Belfast Ferry Terminal Bootle (31.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (31.3 miles)

Nearby schools

View all schools in Salford
  • The Friars Primary School (0.4 miles)
  • The Cathedral School of St Peter and St John RC Primary (0.4 miles)
  • St Philip's CofE Primary School (0.6 miles)
  • Abbey College Manchester (0.4 miles)
  • Connell Sixth Form College (2.4 miles)
  • Oldham Sixth Form College (6.5 miles)
  • Chetham's School of Music (0.3 miles)
  • Eden Boys' Leadership Academy, Manchester (1.0 mile)
  • Eden Girls' Leadership Academy , Manchester (1.1 miles)
Note: Distances are straight line measurements

Local info for Salford

About the neighbours in M3

AskMe Q&A for Salford

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For more information about this property, please contact
Goodwin Fish & Co, M3 on +44 161 506 9312 * (local rate)

Monthly running costs Beta

£653 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 £21 Electricity £26 Estimated energy cost £47/mo

Similar properties could save up to £170

How Much Could I Save? 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: 6000 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Salford

Estimated tax band A Council tax cost £111 /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 £13 Sewerage £15 Estimated water cost £28 /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.

Contact Goodwin Fish & Co about this property

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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 Goodwin Fish & Co, and do not constitute property particulars. Please contact Goodwin Fish & Co 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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