# 1 bedroom apartment for sale (M50 1EP) ## Property Details | Key | Value | |-----|-------| | Address | West One – 6% Rental Yields \| Lucrative Buy to Let Opportunity, M50 1EP | | Price | £239,950 | | Bedrooms | 1 | | Bathrooms | 1 | ## Description "This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers Interested in booking a viewing? Speak with one of our consultants by enquiring today. DESCRIPTION The investment West One offers investors the potential opportunity to secure 6% rental returns in one of Greater Manchester's strongest rental markets. Manchester's status as a global hub for business, education, and culture continues to drive exceptional tenant demand, year after year. The location Situated in thriving Salford, West One benefits from immediate access to key employment zones and excellent transport links. With thousands of professionals working across MediaCityUk, Salford Quays, and Manchester city centre, the area consistently atrracts renters seeking quality accommodation nearby. Residents at West One can enjoy proximity to a wealth of local amenities, vibrant dining and leisure spots, and convenient commuter routes (the development is a short walk from Weaste Metrolink stop). The apartments Each apartment is designed to be a private retreat for modern renters, complete with premium appliances, high-end interior finishes, and thoughtfully planned layouts. Built to exceptionally high standards by multi award-winning developer Nexus Residential, these homes offer a perfect balance of style, practicality, and comfort. Energy-efficient features, including LED lighting with sensors, air source heat pumps, solar panels, and a heat recovery system, help deliver exceptional performane and an outstanding EPC rating, reducing running costs and enhancing long-term appeal. The development West One delivers a sophisticated residential offering, complemented by a full suite of luxury on-site amenities. Residents can enjoy rooftop terraces, secure parking, dedicated remote working zones with ultra-fast internt, concierge services, and a hotel-style reception. A brand-new 5-storey office building with its own car park also sits within the wider development area, further reinforcing West One's appeal to young professionals living and working in Manchester & Salford. Want to find out more? Enquire today to receive a full digital brochure, apartment floor plans, and a full investment breakdown. " ## Property Photos - ![Photo](/listings/photos/88920300/575733) - ![Photo](/listings/photos/88920300/575734) - ![Photo](/listings/photos/88920300/575735) - ![Photo](/listings/photos/88920300/575736) - ![Photo](/listings/photos/88920300/575737) - ![Photo](/listings/photos/88920300/575738) - ![Photo](/listings/photos/88920300/575739) - ![Photo](/listings/photos/88920300/575740) - ![Photo](/listings/photos/88920300/575741) - ![Photo](/listings/photos/88920300/575742) - ![Photo](/listings/photos/88920300/896168) - ![Photo](/listings/photos/88920300/896169) - ![Photo](/listings/photos/88920300/896170) - ![Photo](/listings/photos/88920300/896171) - ![Photo](/listings/photos/88920300/896172) - ![Photo](/listings/photos/88920300/896173) - ![Photo](/listings/photos/88920300/896174) - ![Photo](/listings/photos/88920300/896175) - ![Photo](/listings/photos/88920300/896176) - ![Photo](/listings/photos/88920300/896177) - ![Photo](/listings/photos/88920300/896178) - ![Photo](/listings/photos/88920300/896179) - ![Photo](/listings/photos/88920300/896180) - ![Photo](/listings/photos/88920300/896181) - ![Photo](/listings/photos/88920300/896182) - ![Photo](/listings/photos/88920300/896183) - ![Photo](/listings/photos/88920300/896184) ## Floorplans - ![Floorplan 1](/listings/photos/88920300/575743) - Floorplan 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 | |---------|-------|------|------| | RIDDELL COURT FLAT 11 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BW | £145,000 | 12/12/2025 | Flat | | 31 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £135,000 | 25/11/2025 | Flat | | CITY LINK 1215 HESSEL STREET, SALFORD, GREATER MANCHESTER, M50 1DJ | £45,000 | 17/07/2025 | Flat | | 18 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £116,000 | 19/05/2025 | Flat | | RIDDELL COURT FLAT 28 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BW | £107,500 | 15/08/2024 | Flat | | RIDDELL COURT FLAT 28 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BW | £107,500 | 15/08/2024 | Flat | | HYNDMAN COURT FLAT 19 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BX | £113,000 | 19/12/2023 | Flat | | CITY LINK 2701 HESSEL STREET, SALFORD, GREATER MANCHESTER, M50 1DB | £102,000 | 07/12/2023 | Flat | | WILEMAN COURT FLAT 21 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BU | £110,000 | 20/11/2023 | Flat | | ANTHISTLE COURT FLAT 26 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BY | £108,000 | 05/06/2023 | Flat | | 42 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £150,000 | 19/05/2023 | Flat | | 23 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £110,000 | 31/03/2023 | Flat | | CITY LINK 1231 HESSEL STREET, SALFORD, GREATER MANCHESTER, M50 1DJ | £93,000 | 17/01/2023 | Flat | | ANTHISTLE COURT FLAT 21 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BY | £135,000 | 14/12/2022 | Flat | | RIDDELL COURT FLAT 24 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BW | £155,000 | 02/12/2022 | Flat | | 35 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £125,000 | 30/09/2022 | Flat | | ANTHISTLE COURT FLAT 12 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BY | £123,600 | 27/07/2022 | Flat | | RIDDELL COURT FLAT 6 SHEADER DRIVE, SALFORD, GREATER MANCHESTER, M5 5BW | £120,000 | 08/07/2022 | Flat | | 40 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £125,000 | 24/06/2022 | Flat | | 59 SUGAR MILL SQUARE, SALFORD, GREATER MANCHESTER, M5 5EB | £105,000 | 23/06/2022 | Flat | **Area average:** £116,530 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £206,885 (55 Flat, M50, 2024–2026) - **Deviation:** +16% ## 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):** £773/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 | |------|------|------|------|------| | 1 Bed Flat, Hessel St, M50 | £850/mo | 1 | 0.12 miles | OpenRent | **Average rent: £850/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.35% (weak for cashflow) - **Max investor price (0.8%):** £106,250 - **Target investor price (1%):** £85,000 *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 £850/mo).* - **Gross yield:** 4.3% - **Cost-to-rent:** 23.5× - **Monthly cashflow:** £-205/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -3.5% *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)