Sold Flat

Embankment Exchange

Manchester, M3 7NL

1 beds 1 baths Listed 24 Nov 2025 (-201d)

£179,950

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Property details

Tenure

LEASEHOLD

Last sold

£145,000

Local average

£285,168 (-36.9%)

Deprivation

Decile 6 (20,211 of 33,755)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

  • 1-Bed Manchester Apartment With Stunning Waterfront Views
  • Projected 6% NET Yields
  • Iconic New York-style Skyscraper Design
  • New Build Development
  • 5* Facilities such as Pool/Spa/Gym/Residents Bar
  • Fully Managed, Hands-Off Investment
  • Greengate Regeneration Zone
  • UK's Most Trusted Developer in 2022 and 13 Time Award Winning
  • Onsite Rental Company
  • Enquire Now to Receive Info Pack and Financial Breakdown

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Soon to be Completed - Earn Rental Income Imminently!

DESCRIPTION
Invest in this stunning apartment situated in a landmark development towering over the multibillion-pound Greengate regeneration zone. Boasting a design inspired by New York's skyscrapers, Embankment Exchange brings world-class residential properties to the heart of Manchester.

Featuring a walk-in wardrobe, private en-suite, and access to 5-star facilities, including a pool, spa, gym, and residents' bar, this apartment offers unparalleled luxury. Nestled within a £1BN new skyrise district, residents can enjoy a short walk to Selfridges, Harvey Nichols, and the financial district.

With a projected annual return of 6% and just 25% needed to exchange, this unit presents a first-class opportunity to invest in one of the UK's fastest-growing cities.

Featuring an ultra-modern design throughout, with luxury flooring, expansive windows, and fully fitted kitchens, this is a high-end investment package that is brand new to the market.

Comprehensive management services are also available, ensuring a fully hands-off experience for investors. With completion slated for 2024, there's only a short wait to own a prestigious property in this exceptional development.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown "

Listed by

Manchester

RW Invest North Ltd

Reference: 169652336

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

Floorplan 1

Price history

196% since 2003

Event Date Price % change
Sold 01/01/2010 (16 years ago) £145,000 +195.9%
Sold 01/01/2003 (23 years ago) £49,000

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
ABITO, 85 APARTMENT 627 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND £120,000 19/12/2025 Flat
ABITO, 85 APARTMENT 204 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £115,000 17/12/2025 Flat
ABITO, 85 APARTMENT 111 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £110,000 16/12/2025 Flat
ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £110,000 10/12/2025 Flat
ABITO, 85 APARTMENT 828 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE £115,000 08/12/2025 Flat
ABITO, 85 APARTMENT 601 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND £146,000 16/07/2025 Flat
ABITO, 85 APARTMENT 716 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE £110,000 07/02/2025 Flat
SORTING OFFICE BUILDING, 7 APARTMENT 46 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ £250,000 06/12/2024 Flat
ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £94,000 25/11/2024 Flat
ABITO, 85 APARTMENT 322 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £110,000 30/07/2024 Flat
ABITO, 85 APARTMENT 820 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE £145,000 20/10/2023 Flat
ABITO, 85 APARTMENT 714 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE £140,000 06/10/2023 Flat
ABITO, 85 APARTMENT 414 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND £133,000 22/09/2023 Flat
ABITO, 85 APARTMENT 620 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND £138,000 21/08/2023 Flat
ABITO, 85 APARTMENT 320 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £147,000 18/08/2023 Flat
2 APARTMENT 104 NEW KINGS HEAD YARD, SALFORD, GREATER MANCHESTER, M3 7GH £247,500 04/08/2023 Flat
SORTING OFFICE BUILDING, 7 APARTMENT 52 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ £280,000 14/07/2023 Flat
ABITO, 85 APARTMENT 411 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND £100,000 21/06/2023 Flat
ABITO, 85 APARTMENT 319 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB £119,000 16/06/2023 Flat
ABITO, 85 APARTMENT 530 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND £115,000 06/04/2023 Flat

Area average: £142,225 (20 sales)

Capital growth trend

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

5y growth -3.8%
10y growth 27.8%

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 Central Greater Manchester: £773/mo (Apr 2025 – Mar 2026)

Location

Address

2 Greengate

Nearby

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

Type Name Distance
Shop Pitstop Garage 0.0 miles
Shop Sainsbury's Local 0.1 miles
Bus stop Victoria Bridge/Chapel Street 0.1 miles
Bus stop VICTORIA Street/Victoria Street 0.1 miles
University UCEN Manchester (City Campus) 0.2 miles
Train station Manchester Victoria 0.2 miles
Train station Salford Central 0.4 miles
University University of Law 0.6 miles
Hospital Manchester Royal Infirmary 1.9 miles
Hospital Plymouth Grove Medical Centre 1.9 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
Chetham's School of Music Other 0.2 miles (No rating)
Digital Advantage Other 0.4 miles (No rating)
The Cooperative College Other 0.4 miles (No rating)
Abbey College Manchester Other 0.4 miles (No rating)
The Friars Primary School Primary 0.5 miles Good — 24 Apr 2024

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
Studio Flat, New Kings Head Yard, M3 £1,250/mo 1 0.07 miles OpenRent
1 Bed Flat, Abito - Greengate, M3 £1,100/mo 1 0.09 miles OpenRent
1 Bed Flat, Mirabel St, M3 £1,300/mo 1 0.09 miles OpenRent
Studio Flat, Citysuites, M3 £1,300/mo 1 0.09 miles OpenRent
Studio Flat, Citysuites, M3 £1,400/mo 1 0.09 miles OpenRent
1 Bed Flat, Citysuites, M3 £1,500/mo 1 0.09 miles OpenRent
1 Bed Flat, Citysuites, M3 £1,500/mo 1 0.09 miles OpenRent
1 Bed Flat, Citysuites, M3 £1,650/mo 1 0.09 miles OpenRent
1 Bed Flat, Chapel Street, M3 £1,650/mo 1 0.09 miles OpenRent
Studio Flat, Chapel Street, M3 £1,300/mo 1 0.09 miles OpenRent
Studio Flat, Chapel Street, M3 £1,350/mo 1 0.1 miles OpenRent
Studio Flat, Blackfriars Road, M3 £1,050/mo 1 0.12 miles OpenRent
1 Bed Flat, City Heights, M3 £1,250/mo 1 0.12 miles OpenRent
1 Bed Flat, Blackfriars Road, M3 £1,300/mo 1 0.17 miles OpenRent
1 Bed Flat, The Gallery, M3 £1,150/mo 1 0.2 miles OpenRent
1 Bed Flat, Clowes Street, M3 £1,300/mo 1 0.21 miles OpenRent
1 Bed Flat, Quebec Building, M3 £1,050/mo 1 0.21 miles OpenRent
1 Bed Flat, Dutton St, M3 £1,375/mo 1 0.25 miles OpenRent
1 Bed Flat, Withy Grove, M4 £1,200/mo 1 0.34 miles OpenRent

Average rent: £1,314/mo (19 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.72%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 8.7%
Cost-to-rent ratio 11.5×
Monthly cashflow £436/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 10%
  • 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).