For sale Flat

Silkbank Wharf

21 Derwent Street, Salford, Machester, M5, M5 4EP

2 beds 2 baths Listed 19 Jun 2026 (-5d)

£354,100

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# 2 bedroom apartment for sale (M5 4EP)

## Property Details

| Key | Value |
|-----|-------|
| Address | Silkbank Wharf, 21 Derwent Street, Salford, Machester, M5, M5 4EP |
| Price | £354,100 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | TBC |
| Last sold | £215,000 |

## Description

Completed | Amenities | Move-in ready | Enquire Now

This 21st-century development combines contemporary apartment design with lifestyle-led amenities — from co-working lounges and a private gym to a garden terrace with river views.

Ideal for homeowners and investors alike, each unit offers integrated appliances, fitted storage, ultra-fast broadband, and secure entry systems.

Development Features:

- Garden terrace with river views

- Residents’ gym, lounge & co-working space

- Concierge & secure post room

- Cycle storage available

- Energy-efficient appliances and smart controls

Just minutes from Manchester city centre and Salford Quays, Silkbank Wharf places residents at the heart of one of the UK’s most vibrant rental and lifestyle hubs.

Contact Rothmore Property today for availability, pricing and brochure access.

## Property Photos

- ![PHOTO-2022-05-28-19-36-421 (1).jpg](/listings/photos/89902983/723600) - PHOTO-2022-05-28-19-36-421 (1).jpg
- ![PHOTO-2022-05-28-19-37-421 (1).jpg](/listings/photos/89902983/723601) - PHOTO-2022-05-28-19-37-421 (1).jpg
- ![PHOTO-2022-05-28-19-38-211 (1).jpg](/listings/photos/89902983/723602) - PHOTO-2022-05-28-19-38-211 (1).jpg
- ![PHOTO-2022-05-28-19-37-011 (1).jpg](/listings/photos/89902983/723603) - PHOTO-2022-05-28-19-37-011 (1).jpg
- ![PHOTO-2022-05-28-19-38-011 (1).jpg](/listings/photos/89902983/723604) - PHOTO-2022-05-28-19-38-011 (1).jpg
- ![Pavilion-Wharf---05.png](/listings/photos/89902983/723605) - Pavilion-Wharf---05.png
- ![Pavilion-Wharf---03.png](/listings/photos/89902983/723606) - Pavilion-Wharf---03.png
- ![Pavilion-Wharf---04.png](/listings/photos/89902983/723607) - Pavilion-Wharf---04.png
- ![PHOTO-2022-05-28-19-37-221 (1).jpg](/listings/photos/89902983/723608) - PHOTO-2022-05-28-19-37-221 (1).jpg
- ![Pavilion-Wharf---02.png](/listings/photos/89902983/723609) - Pavilion-Wharf---02.png

## Floorplans

- ![Silkbank Wharf - 1610 Floor Plan.png](/listings/photos/89902983/723610) - Silkbank Wharf - 1610 Floor Plan.png

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 APARTMENT 226 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ | £205,000 | 06/02/2026 | Flat |
| 1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE | £210,000 | 09/01/2026 | Flat |
| BLOCK D WILBURN BASIN D 11.02 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4XU | £505,000 | 19/12/2025 | Flat |
| IMOGEN COURT FLAT 74 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TQ | £85,000 | 18/12/2025 | Flat |
| 2 APARTMENT 2111 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GR | £180,000 | 05/12/2025 | Flat |
| 9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG | £156,000 | 28/11/2025 | Flat |
| 2 APARTMENT 234 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ | £216,000 | 28/11/2025 | Flat |
| 190 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU | £350,000 | 28/11/2025 | Flat |
| 1 FLAT 2204 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BE | £265,000 | 25/11/2025 | Flat |
| IRWELL BUILDING APARTMENT 58 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS | £180,000 | 18/11/2025 | Flat |
| 1 FLAT 2506 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BE | £305,000 | 07/11/2025 | 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 |
| 1 FLAT 1101 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BA | £182,500 | 04/07/2025 | Flat |
| 9 APARTMENT 110 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG | £194,000 | 27/06/2025 | Flat |

**Area average:** £213,225 (20 sales)

## Price vs local average

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

- **Local average:** £204,902 (68 Flat, M5, 2024–2026)
- **Deviation:** +72.8%

## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## 1% Rule

- **Rent ratio:** 0.33% (weak for cashflow)
- **Max investor price (0.8%):** £145,250
- **Target investor price (1%):** £116,200

*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 Area rent estimate.*

## Capital growth trend

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

- **5y growth:** -14.2%
- **10y growth:** 29.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5.6%
- **5y growth (index):** 11%
- **10y growth (index):** 71.5%

## 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)

PHOTO-2022-05-28-19-36-421 (1).jpg PHOTO-2022-05-28-19-37-421 (1).jpg PHOTO-2022-05-28-19-38-211 (1).jpg PHOTO-2022-05-28-19-37-011 (1).jpg PHOTO-2022-05-28-19-38-011 (1).jpg Pavilion-Wharf---05.png Pavilion-Wharf---03.png Pavilion-Wharf---04.png PHOTO-2022-05-28-19-37-221 (1).jpg Pavilion-Wharf---02.png

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Property details

Tenure

LEASEHOLD

Council tax band

TBC

Last sold

£215,000

Local average

£204,902 (+72.8%)

Deprivation

Decile 6 (16,927 of 33,755)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

Garden Terrace with Views
Energy Efficient Appliances
Fitted Wardrobes
On-site Residents’ Gym
Concierge & Post Room
Lounge & Co-working Space
Completed Development
High Tenant Demand

Additional details

Garden: Yes

Description

Completed | Amenities | Move-in ready | Enquire Now

This 21st-century development combines contemporary apartment design with lifestyle-led amenities — from co-working lounges and a private gym to a garden terrace with river views.

Ideal for homeowners and investors alike, each unit offers integrated appliances, fitted storage, ultra-fast broadband, and secure entry systems.

Development Features:
- Garden terrace with river views
- Residents’ gym, lounge & co-working space
- Concierge & secure post room
- Cycle storage available
- Energy-efficient appliances and smart controls

Just minutes from Manchester city centre and Salford Quays, Silkbank Wharf places residents at the heart of one of the UK’s most vibrant rental and lifestyle hubs.

Contact Rothmore Property today for availability, pricing and brochure access.

Listed by

Manchester

Rothmore Invest LTD

Reference: 89902983

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
101 Silkbank Wharf, 21 Derwent Street	78	78	68 m²	2021	Flat
101 Silkbank Wharf, 21 Derwent Street, Salford	78	78	68 m²	—	Flat
102 Silkbank Wharf, 21 Derwent Street	82	82	39 m²	2021	Flat
102 Silkbank Wharf, 21 Derwent Street, Salford	82	82	39 m²	—	Flat
103 Silkbank Wharf, 21 Derwent Street	82	82	39 m²	2021	Flat
103 Silkbank Wharf, 21 Derwent Street, Salford	82	82	39 m²	—	Flat
104 Silkbank Wharf, 21 Derwent Street	76	76	64 m²	2021	Flat
104 Silkbank Wharf, 21 Derwent Street, Salford	76	76	64 m²	—	Flat
105 Silkbank Wharf, 21 Derwent Street	81	81	72 m²	2021	Flat
105 Silkbank Wharf, 21 Derwent Street, Salford	81	81	72 m²	—	Flat
106 Silkbank Wharf, 21 Derwent Street	76	76	68 m²	2021	Flat
106 Silkbank Wharf, 21 Derwent Street, Salford	76	76	68 m²	—	Flat
107 Silkbank Wharf, 21 Derwent Street	81	81	39 m²	2021	Flat
107 Silkbank Wharf, 21 Derwent Street, Salford	81	81	39 m²	—	Flat
108 Silkbank Wharf, 21 Derwent Street	81	81	39 m²	2021	Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Silkbank Wharf - 1610 Floor Plan.png

Price history

Event	Date	Price	% change
Listed for sale	—	£354,100	—

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
2 APARTMENT 226 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ	£205,000	06/02/2026	Flat
1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE	£210,000	09/01/2026	Flat
BLOCK D WILBURN BASIN D 11.02 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4XU	£505,000	19/12/2025	Flat
IMOGEN COURT FLAT 74 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TQ	£85,000	18/12/2025	Flat
2 APARTMENT 2111 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GR	£180,000	05/12/2025	Flat
9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG	£156,000	28/11/2025	Flat
2 APARTMENT 234 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ	£216,000	28/11/2025	Flat
190 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU	£350,000	28/11/2025	Flat
1 FLAT 2204 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BE	£265,000	25/11/2025	Flat
IRWELL BUILDING APARTMENT 58 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS	£180,000	18/11/2025	Flat
1 FLAT 2506 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BE	£305,000	07/11/2025	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
1 FLAT 1101 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BA	£182,500	04/07/2025	Flat
9 APARTMENT 110 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG	£194,000	27/06/2025	Flat

Area average: £213,225 (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

Map view View on Google Maps View on OpenStreetMap Street View M5 4EP

Address

Derwent Street

Nearby

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

Type	Name	Distance
Bus stop	ORDSALL Lane/Regent Road	0.1 miles
Bus stop	Regent Road/Water Street	0.1 miles
Shop	Porcelanosa	0.1 miles
Shop	Ordsall Ln Barbers	0.1 miles
Train station	Deansgate	0.6 miles
Train station	Salford Central	0.7 miles
University	University of Law	1.1 miles
University	Manchester School of Art	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 Philip's CofE Primary School	Primary	0.5 miles	Good — 19 Oct 2023
St Joseph's RC Primary School	Primary	0.6 miles	Good — 24 May 2022
St Wilfrid's RC Primary School	Primary	0.6 miles	Good — 25 Jun 2023
Old Trafford Community Academy	Primary	0.7 miles	— (Inspected (no overall grade))

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.33%

Max investor price (0.8%) £145,250

Target investor price (1%) £116,200

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).

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