3 bed Terraced house (for sale) Newsagency, Salford, Greater Manchester M7

£400,000
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Tepilo
5th Floor, The Northern & Shell Building, 10 Lower Thames Street, London
020 8128 1730
First Published

17th Jan 2018

Last Published

24th Apr 2018

 

Features

  • Type: Terraced house
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

Tepilo are delighted to offer this fantastic property with huge income potential situated in Salford, Greater Manchester. Comprising three individual one-bedroom flats above a successful news agency business, being sold as a going concern due to bereavement and retirement. Situated in a thriving area of town with an abundance of local amenities including individual shops and restaurants, the location offers easy access to many local attractions including the Quays - Greater Manchester's unique waterfront destination, which is situated just 15 minutes by tram from Manchester city centre.

Property comprises Newsagency business with cellar below, plus 3 self-contained one-bedroom flats.

Ground floor:
Newsagency shop area:
Shop: 42'5" x 14'4" (12.94 x 4.38)
Store Room: 13'3" x 4'2" (4.05 x 1.26)
Fully stocked Newsagency being sold as a going concern, due to retirement and bereavement. Current monthly income from shop and flat rental totals £2,200.
Cellar beneath shop, offering ample storage space.

Flat 1
Ground Floor (same level as shop)
Lounge: 16'7" x 10'2" (5.05 x 3.10)
Spacious lounge area, fitted effect wood flooring, wall mounted radiator, full length double glazed glass door providing an abundance of natural light to rear aspect. Wooden staircase with wooden bannister and fitted carpet.

First Floor
Kitchen: 16'2" x 7'0" (16'2" x 7'0")
Fully equipped kitchen with a wide range of cupboards at eye and base level with several drawers for additional storage, fitted breakfast bar and ample space for all utilities. Inset sink with tiled splashback, integrated oven and hob, stainless steel extractor fan, ceiling spotlights, double glazed window, wood-effect floor.

Bathroom: 10'0" x 4'4" (3.04 x 1.32)
Large bathroom area with built in bath tub, detachable shower head, fully tiled walls, glass shelves, heated towel rail, close coupled W.C, hand wash basin with tiled splashback, double glazed opaque window and extractor fan.

Second Floor
Bedroom: 19'5" x 9'4" (5.92 x 2.84)
Well proportioned double bedroom, fitted carpet, ample space for furniture, radiator and double glazed window.

Flat 2
Lounge/Kitchen/Diner: 14'11" x 14'5" (4.55 x 4.39)
Ample sized lounge area, wood effect flooring, double glazed window and radiator.

Kitchen:
Good sized kitchen space, range of cupboards at eye and base level with several drawers for further storage. Stainless steel extractor fan, integrated oven, cooker, inset sink with tiled splashback.

Bedroom: 16'3" x 11'9" (4.95 x 3.59)
fitted carpet, waldrobe space

Bathroom: 7'11" x 7'6" (2.42 x 2.29)
Close coupled W.C, built in bath tub with detachable shower head, hand wash basin, one wall fully tiled, vinyl floor.

Flat 3
Lounge/Kitchen/Diner: 15'0" x 14'2" (4.56 x 4.32)
Spacious living and dining area with wood effect flooring, large double glazed window letting in an abundance of natural light and radiator.

Kitchen:
Good sized kitchen space, range of cupboards at eye and base level with several drawers for further storage and ample space for all utilities. Integrated oven and hob with stainless steel extractor fan overhead, inset sink with tiled splashback.

Bedroom: 16'5" x 11'9" (5.00 x 3.58)
Good sized double with ample storage space, double glazed window and radiator.

Bathroom:
Cosy bathroom space, close coupled W.C, hand wash basin and built in bath tub with one wall fully tiled, and vinyl flooring.

 

Local info for M7

Floor plan

 

Property Value Data/Graphs for M7

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Semi-detached house 27.3% £312,109 3.8 1.2
Terraced house 25.5% £192,802 3.6 1.4
Flat 24.2% £113,772 1.6 0.9
Detached house 11.2% £461,103 4.7 1.4
Other 3.7% £201,583 3 0.7
Town house 3.1% £207,000 3.6 2.2
End terrace house 1.9% £328,333 4.7 1.7
Mews house 1.2% £199,000 3 0.5
Maisonette 0.6% £180,000 4 2
Land 0.6% £650,000 4 1
Studio 0.6% £87,500 0 1

Area Information

Average Price Paid

£181,778

Sales

2113

Current Average Value

£241,737

Value Change

£59,959 33%

 

Current Asking Prices in M7 Average: £241,737

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £70,000 (1) £115,876 (17) £183,811 (35) £290,294 (34) £415,150 (13)
Flats £85,459 (17) £136,633 (21) £115,000 (1) £180,000 (1) -
All £84,600 (18) £127,347 (38) £181,900 (36) £297,222 (36) £415,150 (13)

Nearby Properties

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3 bed Semi-detached house () Hilton Lane, Worsley, Manchester, Greater Manchester M28 £235,000
2 bed Semi-detached house () Rossett Drive, Urmston, Manchester, Greater Manchester M41 £175,000
3 bed Semi-detached house () Hacking Street, Salford, Greater Manchester M7 £140,000
1 bed Flat () 53 Ivy Graham Close, Manchester, Greater Manchester M40 £83,900
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