For sale Flat

Railings

Middlewood Locks, M5, M5 4BQ

2 beds 2 baths Listed 20 Jul 2023 (-1061d)

£338,000

Leasehold

Save

# 2 bedroom apartment for sale (M5 4BQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | Railings, Middlewood Locks, M5, M5 4BQ |
| Price | £338,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |

## Description

Apartment B507 is located on the fifth floor with a corner east facing aspect and views of the private residents garden and Salford Cathedral.  The full height glazed balcony doors provides plenty of natural light. The open plan layout feels spacious and airy and the apartment is finished to a very high specification.

The contemporary Pronorm kitchen is fitted with handle-less wall and base mounted units finished with a Quartz worktop and splashback. Integrated Bosch appliances including induction hob, oven, microwave, fridge freezer, dishwasher, undermount sink with chrome mixer tap and a freestanding Indesit washer/dryer is included in a separate utility cupboard.

The apartment is fitted with luxury vinyl flooring throughout the living, kitchen and utility areas, fitted carpets to the bedrooms and Porcelain floor tiles to the bathrooms.   Both double bedrooms have contemporary white fitted wardrobes and full height windows with views of the private residents garden.

The main bedroom has a lovely en-suite bathroom, featuring a walk-in rain shower with fixed shower screen, Vitra white wall hung basin and toilet with Hansgrohe brassware, partially ceramic tiled walls, mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.

The generous stylish main bathroom is fitted with Vitra white wall hung basin and toilet with Hansgrohe brassware, white enamel bath with Hansgrohe shower overhead, fixed shower screen, partially ceramic tiled walls, mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.

The apartment is available for sale on a 999 year lease and the ground rent is peppercorn.

**  PLEASE NOTE ALL INTERNAL IMAGES ARE OF THE RAILINGS SHOW APARTMENT AND NOT OF APARTMENT B507 **

## Property Photos

- ![Open plan living](/listings/photos/137655707/614835) - Open plan living
- ![Full height glazing](/listings/photos/137655707/614836) - Full height glazing
- ![Contemporary kitchen](/listings/photos/137655707/614837) - Contemporary kitchen
- ![Double bedroom](/listings/photos/137655707/614838) - Double bedroom
- ![Stylish bathroom](/listings/photos/137655707/614839) - Stylish bathroom
- ![En-suite bathroom](/listings/photos/137655707/614840) - En-suite bathroom
- ![Master bedroom](/listings/photos/137655707/614841) - Master bedroom
- ![High Specification](/listings/photos/137655707/614842) - High Specification
- ![Balcony](/listings/photos/137655707/614843) - Balcony
- ![Public realm](/listings/photos/137655707/614844) - Public realm
- ![Bike stores](/listings/photos/137655707/614845) - Bike stores
- ![Manchester](/listings/photos/137655707/614846) - Manchester
- ![Culture](/listings/photos/137655707/614847) - Culture

## Floorplans

- ![Floorplan 1](/listings/photos/137655707/614848) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/137655707/614849) - EPC 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| FUSION 2, 16 APARTMENT 2 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £165,000 | 12/12/2025 | Flat |
| FUSION 5, 10 APARTMENT 5 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £123,000 | 18/11/2025 | Flat |
| 30 APARTMENT 517 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £190,000 | 20/10/2025 | Flat |
| 30 APARTMENT 902 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £280,000 | 01/10/2024 | Flat |
| 30 APARTMENT 312 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £259,995 | 28/02/2024 | Flat |
| 30 APARTMENT 108 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £305,000 | 19/12/2023 | Flat |
| 30 APARTMENT 712 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £192,995 | 14/12/2023 | Flat |
| 30 APARTMENT 1004 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £194,995 | 30/11/2023 | Flat |
| FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £145,000 | 24/11/2023 | Flat |
| 30 APARTMENT 806 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £192,000 | 07/11/2023 | Flat |
| 30 APARTMENT 616 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £199,995 | 02/11/2023 | Flat |
| 30 APARTMENT 310 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £260,000 | 30/10/2023 | Flat |
| 1 APARTMENT 705 LOCKGATE SQUARE, SALFORD, GREATER MANCHESTER, M5 4YU | £190,000 | 23/10/2023 | Flat |
| FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £140,000 | 20/10/2023 | Flat |
| 30 APARTMENT 103 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £250,000 | 13/10/2023 | Flat |
| 30 APARTMENT 207 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £264,995 | 13/10/2023 | Flat |
| 30 APARTMENT 1201 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £185,995 | 13/10/2023 | Flat |
| 30 APARTMENT 808 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £339,995 | 12/10/2023 | Flat |
| 30 UNIT G04 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £339,990 | 11/10/2023 | Flat |
| 30 APARTMENT 803 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £275,000 | 27/09/2023 | Flat |

**Area average:** £224,698 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £206,700 (69 Flat, M5, 2024–2026)
- **Deviation:** +63.5%

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,046/mo
- **Realistic:** £1,162/mo
- **Optimistic:** £1,278/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## 1% Rule

- **Rent ratio:** 0.34% (weak for cashflow)
- **Max investor price (0.8%):** £145,250
- **Target investor price (1%):** £116,200

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -4.8%
- **10y growth:** 29.4%

## House Price Index (HM Land Registry)

*Official index for Salford; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.6%
- **5y growth (index):** 11%
- **10y growth (index):** 71.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Open plan living Full height glazing Contemporary kitchen Double bedroom Stylish bathroom En-suite bathroom Master bedroom High Specification Balcony Public realm Bike stores Manchester Culture

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Property details

Tenure

LEASEHOLD

Local average

£206,700 (+63.5%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

Award winning canalside neighbourhood
92 Degree coffee shop and Co-op located on site
High specification throughout the apartment; integrated appliances included
Open plan and contemporary design
Residents atrium and parcel lockers available
Balconies, terraces or gardens to most apartments
Easy access to Manchester City Centre
10 year building warranty
Peppercorn rent
999 year lease

Additional details

Heating: Electric, Double glazing
Accessibility: Lift access
Parking: Undercroft
Garden: Patio, Communal garden

Description

Middlewood Locks is an award-winning canalside neighbourhood with a community of over 2,400 people enjoying living in their homes. Railings is the third phase of new homes available to buy and move in now!

Apartment B507 is located on the fifth floor with a corner east facing aspect and views of the private residents garden and Salford Cathedral. The full height glazed balcony doors provides plenty of natural light. The open plan layout feels spacious and airy and the apartment is finished to a very high specification.

The contemporary Pronorm kitchen is fitted with handle-less wall and base mounted units finished with a Quartz worktop and splashback. Integrated Bosch appliances including induction hob, oven, microwave, fridge freezer, dishwasher, undermount sink with chrome mixer tap and a freestanding Indesit washer/dryer is included in a separate utility cupboard.

The apartment is fitted with luxury vinyl flooring throughout the living, kitchen and utility areas, fitted carpets to the bedrooms and Porcelain floor tiles to the bathrooms. Both double bedrooms have contemporary white fitted wardrobes and full height windows with views of the private residents garden.

The main bedroom has a lovely en-suite bathroom, featuring a walk-in rain shower with fixed shower screen, Vitra white wall hung basin and toilet with Hansgrohe brassware, partially ceramic tiled walls, mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.

The generous stylish main bathroom is fitted with Vitra white wall hung basin and toilet with Hansgrohe brassware, white enamel bath with Hansgrohe shower overhead, fixed shower screen, partially ceramic tiled walls, mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.

The apartment is available for sale on a 999 year lease and the ground rent is peppercorn.

PLEASE NOTE ALL INTERNAL IMAGES ARE OF THE RAILINGS SHOW APARTMENT AND NOT OF APARTMENT B507

Listed by

Railings, Middlewood Locks

Middlewood Locks KLM Ltd

Reference: 137655707

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Listed for sale	—	£338,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
FUSION 2, 16 APARTMENT 2 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW	£165,000	12/12/2025	Flat
FUSION 5, 10 APARTMENT 5 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN	£123,000	18/11/2025	Flat
30 APARTMENT 517 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP	£190,000	20/10/2025	Flat
30 APARTMENT 902 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ	£280,000	01/10/2024	Flat
30 APARTMENT 312 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL	£259,995	28/02/2024	Flat
30 APARTMENT 108 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL	£305,000	19/12/2023	Flat
30 APARTMENT 712 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP	£192,995	14/12/2023	Flat
30 APARTMENT 1004 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ	£194,995	30/11/2023	Flat
FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN	£145,000	24/11/2023	Flat
30 APARTMENT 806 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP	£192,000	07/11/2023	Flat
30 APARTMENT 616 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP	£199,995	02/11/2023	Flat
30 APARTMENT 310 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL	£260,000	30/10/2023	Flat
1 APARTMENT 705 LOCKGATE SQUARE, SALFORD, GREATER MANCHESTER, M5 4YU	£190,000	23/10/2023	Flat
FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW	£140,000	20/10/2023	Flat
30 APARTMENT 103 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL	£250,000	13/10/2023	Flat
30 APARTMENT 207 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL	£264,995	13/10/2023	Flat
30 APARTMENT 1201 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ	£185,995	13/10/2023	Flat
30 APARTMENT 808 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP	£339,995	12/10/2023	Flat
30 UNIT G04 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL	£339,990	11/10/2023	Flat
30 APARTMENT 803 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP	£275,000	27/09/2023	Flat

Area average: £224,698 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -4.8%

10y growth 29.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of March 2026.

1y (index) -5.6%

5y (index) 11%

10y (index) 71.5%

Rental Range

Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,046/mo

Realistic £1,162/mo

Optimistic £1,278/mo

Based on Local Authority from postcode lookup → Salford.

LHA (30th percentile) floor for Richmond & Hambleton: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M5 4BQ

Address

12 Lockside Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Co-op Food	0.1 miles
Shop	Salford Motor Services	0.1 miles
Bus stop	Oldfield Road/Liverpool Street	0.1 miles
Bus stop	Oldfield Road/Adelphi Post Office	0.2 miles
Train station	Salford Central	0.4 miles
Train station	Salford Crescent	0.7 miles
University	UCEN Manchester (City Campus)	1.0 miles
University	University of Law	1.0 miles
Hospital	Salford Gastric Bypass Surgery	1.4 miles
Hospital	The Ailsa Craig Medical Practise	2.9 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Other crime	1
Other theft	1
Total incidents	4

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Philip's CofE Primary School	Primary	0.1 miles	Good — 19 Oct 2023
University of Salford	Other	0.4 miles	— (No rating)
The Cathedral School of St Peter and St John RC Primary	Primary	0.5 miles	Good — 10 Jul 2022
Primrose Hill Primary School and Children's Centre	Primary	0.6 miles	Good — 30 Jun 2022
The Friars Primary School	Primary	0.6 miles	Good — 24 Apr 2024

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.34%

Max investor price (0.8%) £145,250

Target investor price (1%) £116,200

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).