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1 bed flat for sale

£120,000

Salford City Centre Apartments, Ordsall Lane, Manchester M5

1 1

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Property features

  • 6% Assured Net Rental Return for 3 Years
  • Located in Salford
  • No restrictions on exit strategy
  • A range of on-site facilities including underground parking
  • Experienced Management Company
  • Prices from £110,000

Property description

Salford City Centre Apartments

For Investment Purposes Only – 50% Deposit Required – Below Market Value

We have recently secured a limited number of apartments for resale in this luxurious Salford based development.

This development is in a desirable residential neighbourhood that borders Salford Quays, home to MediaCityUK, the acclaimed creative hub providing a base to the bbc. Excellent transport links nearby mean residents can be in Salford and Manchester centres in minutes.

To Receive a Free Financial Form Register Below or Call Us Today!

Please get in touch with us if you wish to discuss this property investment or other buy to let opportunities.

RWinvest is one of the leading UK property investment companies. We have connected with over 25,000 previous investors and have secured high yield investment deals with guaranteed returns for our customers across the UK and abroad.

Investment Overview

• 6% Assured Net Rental Return for 3 Years
• Located in Salford
• No restrictions on exit strategy
• A range of on-site facilities including underground parking
• Experienced Management Company
• Prices from £110,000

About Manchester

Since the opening of MediaCityUK (Europe’s largest purpose-built creative, digital and technology hub) in 2011, the area has experienced a massive upsurge of business activity and popularity. Home to national TV giants such as the bbc and itv, MediaCityUK has attracted an array of developers and businesses to the Salford area – so much so that both demand and property prices in Salford have skyrocketed over the past 5 years. Hsbc named it one of the uk’s property hotspots.

Salford has seen regeneration worth over £100 million over the past 10 years. In addition to its amenities and easy connections to Manchester, its location along the
Manchester Ship Canal and River Irwell make for stunning waterfront views and beautiful green land.

For More Information Call Us Today or Register Below for an Info Pack
Floorplan(s): Floorplan 1

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Market activity
Average price paid £144,985 Sales 266 Current average value £130,167 (Zoopla Zed-Index) Value change -£3,333 ▼ -2.50%

Property value data/graphs for M5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £187,726 £138 2.8 £305,450
Semi-detached £137,454 £168 2.9 £160,312
Terraced £118,590 £142 2.8 £146,369
Flats £131,852 £207 1.9 £139,892

Current asking prices in M5

Average: £207,343
Avg. current asking prices in M5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £218,000
(2)
£175,000
(7)
£202,882
(9)
£369,995
(1)
£225,000
(1)
Flats £142,040
(63)
£212,119
(130)
£307,855
(40)
£115,000
(1)
-
All £144,377
(65)
£210,222
(137)
£288,574
(49)
£242,498
(2)
£225,000
(1)

Current asking rents in M5

Average: £868 pcm
Avg. current asking prices in M5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £417 pcm
(12)
- £955 pcm
(9)
£1,361 pcm
(5)
£1,316 pcm
(5)
Flats £551 pcm
(34)
£850 pcm
(91)
£1,122 pcm
(19)
£849 pcm
(1)
-
All £516 pcm
(46)
£850 pcm
(91)
£1,069 pcm
(28)
£1,275 pcm
(6)
£1,316 pcm
(5)

Fun facts for M5

Highest value in M5
Highest value streets Zed-Index
Fire Station Square £268,470
Weaste Lane £220,263
Crescent £213,245
Derwent Street £165,913
South Hall Street £162,160
Highest turnover in M5
Highest turnover streets Turnover
Greenwood Terrace 40.0%
Treelands Walk 40.0%
Emerson Street 37.0%
Buile Hill Drive 33.3%
South Hall Street 30.5%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (373 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.
Please note your vote will only be counted once.

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

  • Deansgate (0.9 miles)
  • Manchester United Football Ground (1.0 mile)
  • Salford Crescent (1.1 miles)
  • Manchester International Airport (8.1 miles)
  • Liverpool John Lennon Airport (25.6 miles)
  • Leeds Bradford International Airport (37.1 miles)
  • Liverpool Pier Head Ferry Terminal (30.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.2 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.3 miles)

Nearby schools

View all schools in Salford
  • St Joseph's RC Primary School (0.4 miles)
  • Primrose Hill Primary School and Children's Centre (0.4 miles)
  • Old Trafford Community Academy (0.5 miles)
  • Abbey College Manchester (1.4 miles)
  • Connell Sixth Form College (3.4 miles)
  • Oldham Sixth Form College (7.9 miles)
  • Oasis Academy MediaCityUK (0.5 miles)
  • Stretford High School (1.3 miles)
  • St John Vianney School (1.4 miles)
Note: Distances are straight line measurements

Local info for Salford

About the neighbours in M5

AskMe Q&A for Salford

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For more information about this property, please contact
RW Invest Liverpool, L1 on +44 151 382 7657 * (local rate)

Monthly running costs Beta

£647 Monthly total

Mortgage

Purchase price
Deposit (10%) 12,000
Repayment term 25
Interest rate 1.5
Your payment £431 /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 £99,000 Contents value up to £15,000 Average insurance cost £15/mo (£182/yr)
Compare insurance deals now 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 £19 Electricity £24 Estimated energy cost £43/mo

Similar properties could save up to £144

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: 5700 kWh/year
Electricity: 1900 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 £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.

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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 RW Invest Liverpool, and do not constitute property particulars. Please contact RW Invest Liverpool 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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