Apartment 625, X Q 7 Building, Taylorson Street South, Salford, Lancashire, M5 3FN

Description

Upon instruction of Countrywide. Leasehold sixth floor flat comprising one bedroom, reception room open plan to kitchen, and bathroom/WC.

Accommodation

One bedroom, reception room open plan to kitchen, bathroom/WC.

Location

The property is located on Taylorson Street South. Shopping amenities are available locally within Salford City Centre to the north and Manchester City Centre to the east. Public transport links include Manchester Oxford Road train station, local bus and tram services. Road links include the A5063 to the west and A5066 to the south. Ordsall Park is to the north.

Tenure / Property Information

Investment Analysis

Same-building leasehold sales range from £50,000 to £162,500, including £64,000 on 27 February 2026 and £162,500 on 24 July 2026. The evidence does not identify the comparable units, their condition, floor, size, tenure details or transaction circumstances, so a reliable unit-specific GDV or bid value cannot be established. The £65,000 guide is close to the £64,000 recent recorded sale, but the wide price dispersion requires verification before bidding.

Investment Snapshot

Strategy Recommendation

Do not underwrite on the guide alone. Proceed only after confirming the specific flat's condition, leasehold charges, special conditions, parking/heating position and an independent valuation; otherwise avoid bidding.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain access, inspect the flat and verify any required works before making a cost allowance.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable without a verified GDV, rent, refurbishment budget and full leasehold cost information. The known £1,800 contract documentation fee would be payable in addition to the purchase price, while service charge, ground rent and possible seller fees remain unconfirmed.

Buy-to-Let Analysis

BTL returns cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Service charge, ground rent and any seller charges are also unresolved, preventing a reliable net-cost assessment.

Flip Analysis

A flip appraisal cannot be quantified reliably. Same-building sales provide a broad £50,000–£162,500 range, but the evidence does not establish that the sales are comparable to this specific flat or disclose resale and refurbishment costs. No supported flip surplus can therefore be calculated.

Investor Risks & Due Diligence

• Very wide same-building sold-price range of £50,000 to £162,500, with insufficient detail to identify genuinely comparable units.

• Annual service charge, ground rent, review period and ground rent increases are unconfirmed.

• The seller may charge additional completion fees under the special conditions, which have not been supplied.

• No sufficiently specific rental evidence is available, so rental yield cannot be tested.

• Flat condition and any required works have not been evidenced.

• Parking and heating arrangements require confirmation from the auction centre.

Recommendation

Do not underwrite on the guide alone. Proceed only after confirming the specific flat's condition, leasehold charges, special conditions, parking/heating position and an independent valuation; otherwise avoid bidding.

Strategy Rating

Analysis Confidence

The address and tenure are supplied, but unit-specific comparable details, condition, rent, refurbishment costs, service charge, ground rent, parking, heating and possible seller fees are unavailable or unconfirmed.