Sold STC Flat

Slater House

Salford, Greater Manchester, M5 4UE

2 beds 2 baths Listed 3 Jun 2026 (-21d)

£131,000

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Property details

Tenure

LEASEHOLD

Last sold

£137,950

Local average

£204,902 (-36.1%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

  • Council Tax Band B, Leasehold 125 years from 1 January 2004
  • Ground Rent is £216.89 per year
  • Service Charge is £2,193.54 per year
  • Cash Buyers Preferred
  • Popular development in a highly desirable Salford location
  • Juliet Balcony overlooking landscaped communal gardens
  • Principal bedroom with en-suite shower room
  • Walking distance from Salford Quays and MediaCity
  • Gated Community with secure intercom access
  • Parking space included

Additional details

Parking
Yes

Description

A fantastic opportunity to acquire a well-positioned apartment in one of Greater Manchester's most sought-after growth locations. This property combines convenience, connectivity and lifestyle appeal, making it an excellent choice for first-time buyers and investors alike.



This well-positioned apartment presents an excellent opportunity for first-time buyers and investors seeking a property within one of Greater Manchester's most connected and continually developing locations. Set within a modern residential development, the property enjoys attractive views across gated landscaped communal grounds while benefiting from close proximity to Manchester city centre, Salford Quays and MediaCity. There is a parking space included.

Upon entering, a welcoming hallway provides access to all principal rooms. The heart of the home is a bright open-plan living space, where floor-to-ceiling glazed doors allow natural light to flood the room and provide access to a private balcony overlooking the communal gardens. This creates an inviting setting for relaxing, dining or entertaining.

The kitchen is fitted with a range of contemporary units and work surfaces, offering practical space for everyday use. The principal bedroom benefits from fitted storage and its own en-suite shower room, while a second bedroom provides flexibility for guests, home working or additional living requirements. A separate bathroom fitted with a three-piece suite completes the property.

The location is a major draw, offering convenient access to Salford Quays, MediaCity, Deansgate and Spinningfields. Residents can enjoy a wealth of nearby cafes, restaurants, bars, shopping facilities and leisure attractions, while excellent road and public transport links make commuting across Greater Manchester straightforward. Green spaces and riverside walks can also be found nearby, providing a welcome balance to city living.

This is a fantastic opportunity to acquire a well-located apartment in an area that continues to attract strong demand. Early viewing is highly recommended to fully appreciate everything on offer.

Please note: Due to the current service charge arrangements, the property may be more suitable for cash purchasers. Buyers are advised to make their own enquiries regarding associated costs.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.


We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.
Please call us now to book an appointment.
Call Recording
Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.
Disclaimer
Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:
The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.
TENURE
To be confirmed by the Vendor's Solicitors
Note
The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.
How to View this Property
Viewing is strictly by appointment please call us now for bookings.
AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Listed by

Nationwide

Springbok Properties Ltd

Reference: 89254575

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Apartment 1, Slater House, Woden Street, SALFORD 76 82 41 m² England and Wales: 2003-2006 Flat
Apartment 10 Slater House, Woden Street, SALFORD 70 75 64 m² England and Wales: 2003-2006 Flat
Apartment 11 Slater House, Woden Street, SALFORD 73 80 58 m² England and Wales: 2003-2006 Flat
Apartment 12 Slater House, Woden Street, SALFORD 76 79 42 m² England and Wales: 2003-2006 Flat
APARTMENT 12A, SLATER HOUSE, WODEN STREET, SALFORD 59 77 42 m² England and Wales: 2003-2006 Flat
Apartment 14, Slater House, Woden Street, SALFORD 76 86 43 m² England and Wales: 2003-2006 Flat
Apartment 15 Slater House, Woden Street, SALFORD 78 84 61 m² England and Wales: 2003-2006 Flat
Apartment 16, Slater House, Woden Street, SALFORD 72 84 61 m² England and Wales: 2003-2006 Flat
Apartment 17 Slater House, Woden Street, SALFORD 78 87 57 m² England and Wales: 2007-2011 Flat
APARTMENT 18, SLATER HOUSE, WODEN STREET, SALFORD 78 85 60 m² England and Wales: 2003-2006 Flat
Apartment 19 Slater House, Woden Street, SALFORD 81 85 60 m² England and Wales: 2003-2006 Flat
Apartment 19, Slater House, Woden Street, SALFORD 81 85 60 m² England and Wales: 2003-2006 Flat
Apartment 2, Slater House, Woden Street, SALFORD 73 84 58 m² England and Wales: 2007-2011 Flat
Apartment 20, Slater House, Woden Street, SALFORD 81 85 60 m² England and Wales: 2003-2006 Flat
Apartment 21 Slater House, Woden Street, SALFORD 71 82 43 m² England and Wales: 2003-2006 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor plan

Floor plan

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Listed for sale £131,000

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
LAKE HOUSE, 66 APARTMENT 7 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4QT £170,000 14/01/2026 Flat
4 APARTMENT 454 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT £210,000 09/01/2026 Flat
IMOGEN COURT FLAT 74 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TQ £85,000 18/12/2025 Flat
9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG £156,000 28/11/2025 Flat
4 APARTMENT 426 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT £209,950 28/11/2025 Flat
IRWELL BUILDING APARTMENT 58 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS £180,000 18/11/2025 Flat
7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE £143,000 04/11/2025 Flat
THE RIVERSIDE APARTMENT 81 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SU £255,000 24/10/2025 Flat
RENOLDS HOUSE APARTMENT 40 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB £80,000 23/10/2025 Flat
IRWELL BUILDING APARTMENT 79 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS £188,000 19/09/2025 Flat
3 APARTMENT 312 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GS £200,000 29/08/2025 Flat
9 APARTMENT 312 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG £235,000 28/08/2025 Flat
DELANEY BUILDING APARTMENT 54 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SR £130,000 13/08/2025 Flat
9 APARTMENT 110 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG £194,000 27/06/2025 Flat
COMMERCE QUAY, 221 APARTMENT 005 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4TT £300,000 31/03/2025 Flat
BRIDGEWATER POINT APARTMENT 705 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB £158,000 07/02/2025 Flat
CASSANDRA COURT FLAT 43 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TW £140,000 20/01/2025 Flat
THE MILL 103 SOUTH HALL STREET, SALFORD, GREATER MANCHESTER, M5 4JH £230,000 14/10/2024 Flat
5 APARTMENT 541 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GY £215,000 15/12/2023 Flat
7 APARTMENT 122 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD £177,000 15/12/2023 Flat

Area average: £182,798 (20 sales)

Capital growth trend

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

5y growth -14.2%
10y growth 29.2%

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

Address

Woden Street

Nearby

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

Type Name Distance
Shop Neofade Studio 0.1 miles
Bus stop Ordsall Lane/Bricklayers Arms 0.1 miles
Shop Shop & Go 0.1 miles
Bus stop Oldfield Road/Robert Hall Street 0.1 miles
Train station Deansgate 0.7 miles
Train station Salford Central 0.8 miles
University Manchester School of Art 1.2 miles
University University of Law 1.2 miles
Hospital Salford Gastric Bypass Surgery 1.5 miles
Hospital The Ailsa Craig Medical Practise 2.7 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
Primrose Hill Primary School and Children's Centre Primary 0.5 miles Good — 30 Jun 2022
St Joseph's RC Primary School Primary 0.5 miles Good — 24 May 2022
Old Trafford Community Academy Primary 0.6 miles (Inspected (no overall grade))
St Philip's CofE Primary School Primary 0.6 miles Good — 19 Oct 2023
St Wilfrid's RC Primary School Primary 0.6 miles Good — 25 Jun 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Ordsall Lane, M5 £1,225/mo 2 0.25 miles OpenRent

Average rent: £1,225/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.94%
Max investor price (0.8%) £153,125
Target investor price (1%) £122,500
Gross yield 11.2%
Cost-to-rent ratio 8.9×
Monthly cashflow £562/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 17.7%
  • 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).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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