# 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:** -14.1%
- **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)