Oldfield Road
Manchester, M5, M5 4GT
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Property details
Tenure
LEASEHOLD
Council tax band
A
Local average
£201,168 (-42.8%)
Street crime
2 incidents within 1 mile (Jul 2026)
Key features
- Flexible Parking Access
- Buy-to-Let Opportunity
- Tenant Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- RICS Level 2 Survey Available Upon Enquiry
- Cash Buyers Only
Additional details
- Parking
- Yes
Description
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept home features 1 bedroom, lounge, a well-equipped kitchen, a three-piece bathroom and flexible parking access.
Investment details
It currently produces an annual gross income of £12,600 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Listed by
Glasgow
Let Property Sales
Reference: 88056525
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Registered land (INSPIRE)
This location falls inside an HM Land Registry INSPIRE registered freehold polygon.
Building plot (shared): ~669 m² (0.17 acres) (area is for the building, not the flat)
Source: HM Land Registry INSPIRE Index Polygons.
Floorplans
Floor plan
EPC Graphs
EPC
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £115,000 | — |
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 |
|---|---|---|---|
| Same street ALBERT MILL, 41 APARTMENT 30 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4GT | £175,000 | 26/02/2026 | Flat |
| VIMTO GARDENS APARTMENT 204 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF | £291,000 | 19/12/2025 | Flat |
| BLOCK C, 14 APARTMENT 411 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £220,000 | 11/12/2025 | Flat |
| BLOCK A, 2 APARTMENT 902 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZD | £240,000 | 10/12/2025 | Flat |
| BLOCK B, 4 APARTMENT 906 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £267,500 | 26/06/2025 | Flat |
| THE ROYAL 30 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £160,000 | 01/12/2023 | Flat |
| THE ROYAL 220 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £108,000 | 01/12/2023 | Flat |
| BLOCK B, 4 APARTMENT 2003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £390,000 | 20/09/2023 | Flat |
| BLOCK A, 2 APARTMENT 605 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £270,000 | 31/08/2023 | Flat |
| BLOCK B, 4 APARTMENT 2005 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £229,500 | 10/03/2023 | Flat |
| BLOCK B, 4 APARTMENT 003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £240,000 | 06/03/2023 | Flat |
| THE ROYAL 246 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 20/12/2022 | Flat |
| BLOCK A, 2 APARTMENT 502 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £245,000 | 19/12/2022 | Flat |
| 8 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZA | £423,023 | 09/12/2022 | Flat |
| THE ROYAL 237 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 02/12/2022 | Flat |
| VIMTO GARDENS APARTMENT 207 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF | £183,500 | 01/12/2022 | Flat |
| BLOCK C, 14 APARTMENT 418 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £240,000 | 21/11/2022 | Flat |
| BLOCK A, 2 APARTMENT 705 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £290,000 | 24/10/2022 | Flat |
| BLOCK C, 14 APARTMENT 420 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £194,750 | 18/10/2022 | Flat |
| THE ROYAL 31 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £152,000 | 10/10/2022 | Flat |
| BLOCK B, 4 APARTMENT 507 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £357,349 | 30/09/2022 | Flat |
Street average: £175,000 (1 sale)
Area average: £237,081 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of June 2026.
Rental Range
Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Salford.
LHA (30th percentile) floor for Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)
Location
Address
41 Oldfield Road
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | Fade Barbers | 0.0 miles |
| Bus stop | Oldfield Road/Adelphi Post Office | 0.0 miles |
| Shop | La Femme Hair & Beauty | 0.1 miles |
| Train station | Salford Central | 0.4 miles |
| Train station | Salford Crescent | 0.5 miles |
| University | UCEN Manchester (City Campus) | 1.0 miles |
| University | University of Law | 1.0 miles |
| Hospital | Salford Gastric Bypass Surgery | 1.3 miles |
| Hospital | The Ailsa Craig Medical Practise | 3.0 miles |
Street-level crime
| Category | Count |
|---|---|
| Public order | 1 |
| Violence and sexual offences | 1 |
| Total incidents | 2 |
Within 1 mile during Jul 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 | 0.3 miles | — (No rating) |
| The Cathedral School of St Peter and St John RC Primary | Primary | 0.4 miles | Good — 10 Jul 2022 |
| The Friars Primary School | Primary | 0.5 miles | Good — 24 Apr 2024 |
| St Paul's CofE Primary School | Primary | 0.6 miles | Good — 9 Jun 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 |
|---|---|---|---|---|
| 1 Bed Flat, Oldfield Road, M5 | £1,850/mo | 1 | 0.18 miles | OpenRent |
| 1 Bed Flat, Middlewood Plaza, M5 | £1,150/mo | 1 | 0.21 miles | OpenRent |
| Studio Flat, Adelphi St, M3 | £900/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, Adelphi St, M3 | £935/mo | 1 | 0.24 miles | OpenRent |
Average rent: £1,209/mo (4 listings)
Rent-driven metrics
Based on OpenRent comparables.
- This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
- 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).