Woden Street, Salford, M5 4YD
£169,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2035
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
Area highlights
Property snapshot
Apartment
485 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
996 years
Ground rent
£395
Service charge
£1,886.00 per year
Overview
This one-bedroom apartment on Woden Street, Salford, offers a solid buy-to-let opportunity with an asking price of £169,000, reflecting a 5.6% discount from its estimated value of £179,000. The property is currently tenanted, generating an annual rental income of £12,600, providing a gross yield of 8.5%. With a 996-year lease, the apartment includes a ground rent of £395 per year and a service charge of £1,886. The property is well-located, with excellent transport links, just 0.62 miles from Deansgate and 0.81 miles from Salford Central station. The market rent is £1,200 per month, offering a net cash flow of £671 per month, or £8,052 annually, making this a strong investment in a high-demand area.
What our customers say about us
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Daniel
Buy-to-let investor
“Overall, a fantastic experience not only with the online system but also with the ultra-fast responsive team that is always there to help whenever needed. The turnaround time is like nothing you have ever seen and the customer experience is seamless.”
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
Meet the team