3 Cavell Way, Salford, Manchester, Greater Manchester

Description

A two bedroom semi-detached house. Externally the property benefits from off road parking and a rear garden. In need of modernisation. Extension potential subject to requisite consents. Vacant.

Accommodation

Ground Floor - Entrance, Reception Room, Kitchen. First Floor - Two Bedrooms, Bathroom/WC.

Location

Located on Cavell Way, accessed off Liverpool Street. Local shops and everyday services are available within Salford, with further retail and community amenities accessible in nearby Manchester city centre. Recreational amenities include nearby parks and open spaces such as Clarendon Park. Transport links include road access via the A57 and M602. Transport Salford Crescent - northern. Langworthy - Yellow Line. Anchorage - Yellow Line.

Tenure / Property Information

Investment Analysis

The £120,000 guide is the only purchase-price evidence. No completed sales or other valuation evidence has been supplied, so GDV and market value cannot be reliably estimated. One advertised two-bedroom Salford rent at £1,000 pcm supports an indicative gross yield of 10.0% against the guide, before fees, finance, voids, maintenance and refurbishment costs.

Investment Snapshot

Strategy Recommendation

Potential buy-to-let subject to survey, verified achievable rent, full auction charges and a priced modernisation schedule. Do not rely on the 10.0% guide-price yield until total costs and rent are confirmed.

Works Required

Modernisation of the vacant two-bedroom house, including review and updating of the kitchen, bathroom, decoration and general finishes as required following inspection. Any extension would be subject to the requisite consents. No detailed schedule or cost evidence has been supplied.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed because no refurbishment budget, completed-value evidence or refinance valuation evidence has been supplied. The property is vacant and described as needing modernisation, but the available data does not establish sufficient post-works value or refinance headroom.

Buy-to-Let Analysis

The advertised rent of £1,000 pcm implies £12,000 annual gross rent and 10.0% gross yield against the £120,000 guide. This is based on asking rent rather than achieved rent and excludes buyer fees, VAT where applicable, refurbishment, finance, voids and operating costs. BTL viability cannot be confirmed without a survey, works budget and total acquisition costs.

Flip Analysis

A flip calculation cannot be completed because there are no completed comparable sales, GDV evidence, refurbishment costs or supported selling allowance. The guide price alone is insufficient to establish a resale surplus.

Investor Risks & Due Diligence

• The property is described as being in need of modernisation, but no survey or quantified works budget is supplied.

• The £1,000 pcm figure is an advertised asking rent, not an achieved or passing rent.

• Buyer fees, VAT and possible seller charges are not quantified.

• No completed comparable sales or GDV evidence is available.

• Any extension is subject to the requisite consents.

• The eventual purchase price may exceed the £120,000 guide.

Recommendation

Potential buy-to-let subject to survey, verified achievable rent, full auction charges and a priced modernisation schedule. Do not rely on the 10.0% guide-price yield until total costs and rent are confirmed.

Strategy Rating

Analysis Confidence

Basic property, tenure, vacancy, guide-price and one rental listing are supplied, but there are no completed sales, refurbishment costs, buyer/admin fee figures, council tax details or verified achieved rent.