# 2 bedroom apartment for sale (M50 3AL)

## Property Details

| Key | Value |
|-----|-------|
| Address | Ottinger Close, Salford, M50, M50 3AL |
| Price | £280,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £286,000 |

## Description

A superb 2 bedroom apartment complete with a secure parking space in this desirable modern development in Salford Quays. This property offers high-specification contemporary living with a spacious open-plan living area with floor-to-ceiling windows, a sleek kitchen with integrated appliances, two generous double bedrooms along with one main bathroom and one luxury ensuite. Situated in a prime location, it is close to a wide range of local amenities, with MediaCity just a 10-minute walk away and excellent tram and motorway links nearby. EPC Rating B.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:** We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. 

MCC260148/2

## Property Photos

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## Floorplans

- ![Floorplan](/listings/photos/87687699/1340317) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/87687699/1340318) - EPC Rating Graph

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] ARIEL APARTMENTS APARTMENT 602 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £193,000 | 11/03/2026 | Flat |
| ABITO, 4 APARTMENT 710 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £90,000 | 19/12/2025 | Flat |
| ABITO, 4 APARTMENT 232 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BL | £90,000 | 11/12/2025 | Flat |
| ABITO, 4 APARTMENT 913 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £300,000 | 31/07/2025 | Flat |
| ABITO, 4 APARTMENT 817 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £110,000 | 14/07/2025 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 504 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £250,000 | 07/07/2025 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 502 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £210,000 | 29/04/2025 | Flat |
| ABITO, 4 APARTMENT 512 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BP | £110,000 | 20/11/2024 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 812 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £265,000 | 27/03/2024 | Flat |
| ABITO, 4 APARTMENT 715 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £71,666 | 19/12/2023 | Flat |
| ABITO, 4 APARTMENT 916 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £71,666 | 15/12/2023 | Flat |
| ABITO, 4 APARTMENT 605 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BP | £108,000 | 15/11/2023 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 712 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £272,000 | 03/11/2023 | Flat |
| ABITO, 4 APARTMENT 524 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BP | £73,500 | 09/10/2023 | Flat |
| ABITO, 4 APARTMENT 227 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BL | £85,000 | 03/07/2023 | Flat |
| 4 APARTMENT 21301 WHARF END, TRAFFORD PARK, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 1LD | £200,925 | 23/05/2023 | Flat |
| ABITO, 4 APARTMENT 904 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £87,000 | 05/05/2023 | Flat |
| ABITO, 4 APARTMENT 211 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BL | £96,000 | 20/03/2023 | Flat |
| ABITO, 4 APARTMENT 1009 CLIPPERS QUAY, SALFORD, GREATER MANCHESTER, M50 3BS | £101,271 | 31/12/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 510 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £286,000 | 20/12/2022 | Flat |
| 4 APARTMENT 20102 WHARF END, TRAFFORD PARK, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 1HZ | £170,500 | 20/12/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 508 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £224,400 | 09/12/2022 | Flat |
| ARIEL APARTMENTS APARTMENT 308 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AJ | £224,400 | 09/12/2022 | Flat |
| 4 APARTMENT 21404 WHARF END, TRAFFORD PARK, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 1LD | £277,750 | 02/12/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 505 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £280,000 | 28/11/2022 | Flat |
| ARIEL APARTMENTS APARTMENT 409 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AJ | £224,400 | 25/11/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 710 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £296,000 | 18/11/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 704 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £300,000 | 28/10/2022 | Flat |
| ARIEL APARTMENTS APARTMENT 209 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AJ | £224,400 | 21/10/2022 | Flat |
| 4 APARTMENT 11101 WHARF END, TRAFFORD PARK, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 1HY | £275,000 | 20/10/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 610 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £291,000 | 05/10/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 605 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £285,000 | 14/09/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 805 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £285,000 | 26/08/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 601 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £284,500 | 12/08/2022 | Flat |
| [Same street] ARIEL APARTMENTS APARTMENT 810 OTTINGER CLOSE, SALFORD, GREATER MANCHESTER, M50 3AL | £286,000 | 29/07/2022 | Flat |

**Street average:** £267,193 (15 sales)
**Area average:** £149,574 (20 sales)

## Price vs local average

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

- **Local average:** £206,885 (55 Flat, M50, 2024–2026)
- **Deviation:** +35.3%

## 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 Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £873/mo

## 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, Winnipeg Quay, M50 | £1,350/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Flat, Pomona Strand, M16 | £1,325/mo | 2 | 0.38 miles | OpenRent |

**Average rent: £1,338/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.48% (weak for cashflow)
- **Max investor price (0.8%):** £167,250
- **Target investor price (1%):** £133,800

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,338/mo).*

- **Gross yield:** 5.7%
- **Cost-to-rent:** 17.4×
- **Monthly cashflow:** £77/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -17.3%
- **10y growth:** 44.4%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5%
- **5y growth (index):** 17.3%
- **10y growth (index):** 75%

## 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)