5 Stott Lane, Salford, Greater Manchester M6 8FJ

Description

A two bedroom town house situated in a highly convenient location off Eccles Old Road. The property benefits from gas central heating and uPVC double glazing. Close to local amenities and situated opposite Salford Royal Hospital and offering easy access to Manchester City Centre via the M602. An ideal family home or excellent buy to let investment.

Accommodation

Hallway, Lounge, Kitchen, Rear Lobby/Store, Landing, Bedroom One, Bedroom Two, Shower Room. Outside - Gardens to front and rear.

Location

Situated in a highly convenient location off Eccles Old Road, close to local amenities and opposite Salford Royal Hospital, with easy access to Manchester City Centre via the M602.

Tenure / Property Information

Investment Analysis

The strongest evidence is 11 Stott Lane, a semi-detached property sold for £215,000 in September 2024, and 9 Stott Lane, also semi-detached, sold for £228,000 in August 2022. These are not directly comparable with this two-bedroom town house. The older terraced sales at 7 Stott Lane (£135,000 in 2006 and £28,000 in 1998) are too historic to support a current valuation. The £135,000+ guide is therefore not independently validated by sufficiently specific evidence. At the guide, the 4.8% buyer premium would be £6,480, excluding any additional special-condition costs.

Investment Snapshot

Strategy Recommendation

Proceed only after obtaining directly comparable town-house sales, a rental assessment, legal/tenure information, condition findings and the Special Conditions of Sale. On the supplied evidence alone, do not bid on an assumed GDV or yield.

Works Required

No specific defects or refurbishment requirements are evidenced. The property is described as having gas central heating, uPVC double glazing and front and rear gardens. Condition, compliance and any required repairs should be verified before bidding; no works allowance can be supported from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR analysis cannot be completed because there is no supported current value, post-works GDV, rental evidence or refurbishment budget. The 75% refinance calculation is consequently unsupported.

Buy-to-Let Analysis

The description identifies the property as potentially suitable for buy to let, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent, yield, operating costs and supported maximum purchase price cannot therefore be established.

Flip Analysis

A flip appraisal cannot be completed reliably. The available nearby completed sales relate to semi-detached properties or are too historic, while no condition, works budget, selling allowance or directly comparable town-house valuation is provided.

Investor Risks & Due Diligence

• No confirmed tenure, occupancy or lease information is supplied.

• No sufficiently specific rental evidence or passing rent is available.

• The available recent comparables are semi-detached rather than town-house properties.

• Condition and required works are not evidenced.

• Additional Special Conditions of Sale costs may apply.

• The buyer premium is 4.8% including VAT, with further fees potentially payable.

Recommendation

Proceed only after obtaining directly comparable town-house sales, a rental assessment, legal/tenure information, condition findings and the Special Conditions of Sale. On the supplied evidence alone, do not bid on an assumed GDV or yield.

Strategy Rating

Analysis Confidence

The property description and two relatively recent nearby sales are available, but the comparables differ in property type and there is no tenure, occupancy, condition, EPC, rental or directly comparable valuation evidence.