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Studio for sale

£83,995 (£217/sq. ft)

Ford Lane, Salford M6

1 388 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 7768 0120 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Underground parking
  • 7% net yield assured for 2 years, paid in advance
  • Modern self-contained fully furnished apartments
  • Fully managed on your behalf
  • Just 15 minutes from Manchester city centre
  • Bicycle Storage
  • Hotel style lobby with 24-hour reception & security
  • Free high-speed broadband
  • Underground & Ground Level Car-Parking available

Property description

*cash buyers/investment only

Each completely self-contained apartment is fitted with a fully integrated kitchen and stylish en-suite. Sophisticated finishing touches have been introduced alongside carefully thought interiors to find the right balance between style and comfort.

Due to the strong demand and belief in Viewpoint, the investment offers the rare opportunity to purchase a unit and have your 2 year 7% net yield paid to you in advance. There is the option to have the apartments fully managed on your behalf, meaning if you live abroad or simply don’t want the everyday hassle of property management, then it is all taken care of for you. Viewpoint, Salford is just 5 minutes from the University and 15 minutes from Manchester City Centre, giving it one of the most strategic locations available to date.
Floorplan(s): Floorplan 1 Floorplan 2

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Market activity
Average price paid £144,731 Sales 329 Current average value £148,715 (Zoopla Zed-Index) Value change £3,207 ▲ 2.20%

Property value data/graphs for M6

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £288,121 £179 3.5 £243,549
Semi-detached £181,590 £179 3.2 £172,440
Terraced £118,247 £136 2.6 £122,736
Flats £127,337 £178 1.8 £103,170

Current asking prices in M6

Average: £162,161
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £68,000
(1)
£114,118
(17)
£180,729
(24)
£203,211
(14)
£311,250
(8)
Flats £95,969
(8)
£136,512
(14)
£160,912
(8)
- -
All £92,861
(9)
£124,231
(31)
£175,775
(32)
£203,211
(14)
£311,250
(8)

Current asking rents in M6

Average: £933 pcm
Avg. current asking prices in M6
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £395 pcm
(53)
£787 pcm
(12)
£1,185 pcm
(27)
£1,335 pcm
(51)
£1,907 pcm
(7)
Flats £394 pcm
(37)
£672 pcm
(10)
£598 pcm
(1)
- -
All £395 pcm
(90)
£734 pcm
(22)
£1,164 pcm
(28)
£1,335 pcm
(51)
£1,907 pcm
(7)

Fun facts for M6

Highest value in M6
Highest value streets Zed-Index
Lullington Road £372,487
Park Road £365,965
Manor Road £295,618
Devonshire Road £283,890
Weylands Grove £277,594
Highest turnover in M6
Highest turnover streets Turnover
Westgate Road 42.9%
New Barton Street 41.0%
Annie Street 40.0%
Jubilee Street 40.0%
Peacock Avenue 38.7%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 71% (354 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

Rate Salford:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

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

  • Salford Crescent (0.6 miles)
  • Salford Central (1.4 miles)
  • Manchester Victoria (1.8 miles)
  • Manchester International Airport (9.6 miles)
  • Liverpool John Lennon Airport (25.8 miles)
  • Blackpool International Airport (36.1 miles)
  • Liverpool Belfast Ferry Terminal Bootle (29.9 miles)
  • Liverpool Pier Head Ferry Terminal (29.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.0 miles)

Nearby schools

View all schools in Salford
  • Holy Family VA RC Primary School (0.4 miles)
  • St George's CofE Primary School (0.4 miles)
  • St Sebastian's RC Primary School (0.4 miles)
  • Edstart (0.4 miles)
  • UTC@MediacityUK (1.3 miles)
  • Salford City College (1.6 miles)
  • The Albion Academy (0.3 miles)
  • Buile Hill Visual Arts College (0.8 miles)
  • Oasis Academy MediaCityUK (1.2 miles)
Note: Distances are straight line measurements

Local info for Salford

AskMe Q&A for Salford

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Aspen Woolf, N1 on +44 20 7768 0120 * (local rate)

Monthly running costs Beta

£504 Monthly total
Mortgage
Purchase price
Deposit (10%) 8,399
Repayment term 25
Interest rate 1.5
Your payment £302 /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.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £19/mo (£231/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £17 Electricity £27 Estimated energy cost £44/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: 5700 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 Aspen Woolf 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 Aspen Woolf, and do not constitute property particulars. Please contact Aspen Woolf 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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