Client Historical

Returns*
9.78%
*Annualized. View Terms & Conditions

Salford Lane Residences

US$182,929

Salford Lane Residences

Manchester, United Kingdom

US$182,929

USD

US$397 / SQFT

Salford Lane Residences Property Scorecard Property Scorecard is a proprietary tool developed by Property Passbook that evaluates residential real estate investability. Scores are based on unique algorithms that account for characteristics that impact the value of new construction property.

87.5

Overall
Score

  • Salford Lane Residences 87.5
  • Manchester Average 85.2
  • Livable Score 85.3 / 100
  • Transportation Score 81.1 / 100
  • Building Score 80.4 / 100

Salford Lane Residences Investment Calculator

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  • Purchase Price
  • Appreciation Expectation Appreciation expectation is the forecasted increase in the value of the property. %
  • Rent (Yield Expectation) Rent expectation is the current forecasted rental yield for this property. %
  • Down Payment The down payment is the cash portion of the property purchase price. This amount is used to calculate your initial investment and projected returns. %
  • Loan Term Loan Term is the amount of time set by the lender for a buyer to pay off a mortgage. Years
  • Interest Rate Mortgage interest is the percentage charged on a mortgage that must be paid in addition to the loan amount (principal). %

Total Return

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Scenario Analysis

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Salford Lane Residences Location Analysis

Highest Momentum Score Lowest
  • Salford Lane Residences Livable Score : 85.3

    Livable Score was developed by Property Passbook and objectively rates the value of a location for property investors.
    • 81 Public Transportation Services
    • 88 Schools And Universities
    • 85 Walkable Restaurants And Shops
    • 80 Nearby Public Services
    • 83 Commute To Downtown
    • 84 Nearby Parks And Nature

Salford Lane Residences Investment Highlights

  • Lifestyle

    New development with an ideal location in Salford overlooking the River Irwell and the city, only a short journey from Manchester city centre.

  • Facilities

    Top amenities featuring private gardens, an onsite gym and a communal lounge area.

  • Transportation

    Just 950m to Exchange Quay Light Rail Station, 1.3km to Cornbrook Light Rail Station.

  • Value & Growth Potential

    Close to MediaCityUK development with broadcasting giants including ITV and BBC and plans to expand the business hub by 455% over the next decade.

Salford Lane Residences Details

  • Property Type : Condominium/Apartment
  • Unit Size : 363 Sqft ~ 740 Sqft
  • Unit Type :
    1 Bath
    2 Beds 1 Bath
  • Est. Completion Date : March 2021
  • Floors : 8
  • Total Units in Project : 376
  • Ownership Type : Freehold

Salford Lane Residences Building Score : 80.4

Building score evaluates the range of amenities available within the development and quality of the finishings in project units.
  • Amenities
  • Gym Facilities
  • Terraces and Gardens
  • Concierge/ Security
  • Clubhouse
  • Finishings
  • Kitchen
  • Bathroom
  • Balcony
  • Parking

Salford Lane Residences Payment Schedule

Down payment(s) are usually made over the construction period for residential new construction projects.
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