Sold Flat

APARTMENT 707

55 QUEEN STREET, SALFORD, GREATER MANCHESTER M3 7GX

1 beds 1 baths Listed 25 Feb 2026 (-87d)

£169,950

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# 1 bedroom apartment for sale (M3 7GX)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 707, 55 QUEEN STREET, SALFORD, GREATER MANCHESTER M3 7GX |
| Price | £169,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £293,744 Sep 2022 |

## Description

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

DESCRIPTION

This apartment is conveniently situated in central Manchester, in the most high-demand postal area of M3.

The spacious, open-plan apartment is finished to the highest standard with luxury interior fittings and fixtures. Large windows ensure plenty of natural light streaming through the property which has been elegantly decorated. The property comes with private balconies and resident-exclusive amenities.

It's hard to find a more convenient area, as the property is located in Deansgate in the heart of Manchester City Centre. Spinningfields Business District, NOMA, the Northern Quarter, and MediaCityUK are all easily accessible. Residents will benefit from being just a short walk from Manchester Oxford Road station, as well as other central transport hubs such as Deansgate.

This apartment offers a strong buy-to-let investment opportunity offering projected returns of 6%. It is ideally located to target the working professional renter demographic in Manchester. The excellent transport links and convenient proximity to employment hubs such as Spinningfields and MediaCityUK is likely to attract demand from this pool of renters.

This property is also located in an area with strong capital growth potential, with property values in the North West are predicted to increase by 28.8% in just 5 years. Enquire now about this lucrative buy to let investment in an exciting Manchester development.

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

## Property Photos

- ![Photo](/listings/photos/87664584/121965)
- ![Photo](/listings/photos/87664584/121966)
- ![Photo](/listings/photos/87664584/121967)
- ![Photo](/listings/photos/87664584/121968)
- ![Photo](/listings/photos/87664584/121969)
- ![Photo](/listings/photos/87664584/121970)
- ![Photo](/listings/photos/87664584/121971)
- ![Photo](/listings/photos/87664584/121972)

## Floorplans

- ![Floorplan 1](/listings/photos/87664584/121973) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 55 APARTMENT 707 QUEEN STREET, SALFORD, GREATER MANCHESTER, M3 7GX | £293,744 | 13/09/2022 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| BLOCK A, 54 APARTMENT 507 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FW | £272,500 | 21/08/2025 | Flat |
| BLOCK 9 SPECTRUM APARTMENT 480 BLACKFRIARS ROAD, SALFORD, GREATER MANCHESTER, M3 7DZ | £155,000 | 14/12/2023 | Flat |
| QUEBEC BUILDING APARTMENT 228 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DU | £155,963 | 30/11/2023 | Flat |
| QUEBEC BUILDING APARTMENT 219 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DY | £150,000 | 28/09/2023 | Flat |
| QUEBEC BUILDING APARTMENT 509 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DX | £170,000 | 18/09/2023 | Flat |
| BLOCK A, 54 APARTMENT 1210 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FL | £220,000 | 14/09/2023 | Flat |
| BLOCK B, 56 APARTMENT 707 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GA | £206,000 | 23/05/2023 | Flat |
| QUEBEC BUILDING APARTMENT 422 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DU | £137,000 | 25/04/2023 | Flat |
| BLOCK B, 56 APARTMENT 214 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DA | £198,000 | 24/02/2023 | Flat |
| BLOCK B, 56 APARTMENT 507 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DA | £187,500 | 04/11/2022 | Flat |
| 14 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ | £395,000 | 28/10/2022 | Flat |
| QUEBEC BUILDING APARTMENT 16 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DX | £142,000 | 27/10/2022 | Flat |
| 50 APARTMENT 50 QUEEN STREET, SALFORD, GREATER MANCHESTER, M3 7DQ | £321,777 | 19/10/2022 | Flat |
| BLOCK A, 54 APARTMENT 903 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FL | £270,000 | 07/10/2022 | Flat |
| 16 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ | £400,000 | 19/08/2022 | Flat |
| 10 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ | £368,000 | 06/05/2022 | Flat |
| BLOCK B, 56 APARTMENT 1205 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GB | £255,000 | 25/03/2022 | Flat |
| 14 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ | £338,386 | 11/02/2022 | Flat |
| 16 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ | £361,760 | 11/02/2022 | Flat |
| BLOCK B, 56 APARTMENT 1514 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GB | £215,000 | 11/02/2022 | Flat |

**Area average:** £245,944 (20 sales)

## Price vs local average

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

- **Local average:** £285,723 (344 Flat, M3, 2024–2026)
- **Deviation:** -40.5%

## Rental Range

*ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £856/mo
- **Realistic:** £951/mo
- **Optimistic:** £1,046/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, Blackfriars Road, M3 | £1,140/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Courtland @ Collier's Yard, M3 | £1,720/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Westminster House, M3 | £2,800/mo | 1 | 0.18 miles | OpenRent |
| Studio Flat, Chapel Street, M3 | £1,300/mo | 1 | 0.25 miles | OpenRent |
| Studio Flat, Chapel Street, M3 | £1,300/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Mirabel Street, M3 | £995/mo | 1 | 0.25 miles | OpenRent |

**Average rent: £1,543/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.76% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*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 £1,300/mo).*

- **Gross yield:** 9.2%
- **Cost-to-rent:** 10.9×
- **Monthly cashflow:** £476/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.6%

*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:** 29.9%
- **10y growth:** 61.6%

## House Price Index (HM Land Registry)

*Official index for North West; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -0.3%
- **5y growth (index):** 11.3%
- **10y growth (index):** 47%

## 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)

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Property details

Tenure

LEASEHOLD (999 years remaining on lease)

Last sold

£293,744 Sep 2022

Local average

£285,723 (-40.5%)

Street crime

11 incidents within 1 mile (Mar 2026)

Key features

Invest in Fast-Growing Manchester Location
6% Projected NET Rental Returns
Luxury Interior With Premium Fixtures and Fittings
Resident-Exclusive Onsite Amenities
Management Option For Hands-Off Investment
One of UK's Highest Demand Rental Markets
Close to Spinningfields, NOMA, Northern Quarter and MediaCityUK
Industry Leading Developer
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Description

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

DESCRIPTION

This apartment is conveniently situated in central Manchester, in the most high-demand postal area of M3.

The spacious, open-plan apartment is finished to the highest standard with luxury interior fittings and fixtures. Large windows ensure plenty of natural light streaming through the property which has been elegantly decorated. The property comes with private balconies and resident-exclusive amenities.

It's hard to find a more convenient area, as the property is located in Deansgate in the heart of Manchester City Centre. Spinningfields Business District, NOMA, the Northern Quarter, and MediaCityUK are all easily accessible. Residents will benefit from being just a short walk from Manchester Oxford Road station, as well as other central transport hubs such as Deansgate.

This apartment offers a strong buy-to-let investment opportunity offering projected returns of 6%. It is ideally located to target the working professional renter demographic in Manchester. The excellent transport links and convenient proximity to employment hubs such as Spinningfields and MediaCityUK is likely to attract demand from this pool of renters.

This property is also located in an area with strong capital growth potential, with property values in the North West are predicted to increase by 28.8% in just 5 years. Enquire now about this lucrative buy to let investment in an exciting Manchester development.

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

Listed by

Liverpool

RW Invest North Ltd

Reference: 87664584

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

Price history

Event	Date	Price	% change
Sold	13/09/2022 (3 years ago)	£293,744	—

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
BLOCK A, 54 APARTMENT 507 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FW	£272,500	21/08/2025	Flat
BLOCK 9 SPECTRUM APARTMENT 480 BLACKFRIARS ROAD, SALFORD, GREATER MANCHESTER, M3 7DZ	£155,000	14/12/2023	Flat
QUEBEC BUILDING APARTMENT 228 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DU	£155,963	30/11/2023	Flat
QUEBEC BUILDING APARTMENT 219 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DY	£150,000	28/09/2023	Flat
QUEBEC BUILDING APARTMENT 509 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DX	£170,000	18/09/2023	Flat
BLOCK A, 54 APARTMENT 1210 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FL	£220,000	14/09/2023	Flat
BLOCK B, 56 APARTMENT 707 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GA	£206,000	23/05/2023	Flat
QUEBEC BUILDING APARTMENT 422 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DU	£137,000	25/04/2023	Flat
BLOCK B, 56 APARTMENT 214 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DA	£198,000	24/02/2023	Flat
BLOCK B, 56 APARTMENT 507 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DA	£187,500	04/11/2022	Flat
14 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ	£395,000	28/10/2022	Flat
QUEBEC BUILDING APARTMENT 16 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DX	£142,000	27/10/2022	Flat
50 APARTMENT 50 QUEEN STREET, SALFORD, GREATER MANCHESTER, M3 7DQ	£321,777	19/10/2022	Flat
BLOCK A, 54 APARTMENT 903 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FL	£270,000	07/10/2022	Flat
16 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ	£400,000	19/08/2022	Flat
10 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ	£368,000	06/05/2022	Flat
BLOCK B, 56 APARTMENT 1205 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GB	£255,000	25/03/2022	Flat
14 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ	£338,386	11/02/2022	Flat
16 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ	£361,760	11/02/2022	Flat
BLOCK B, 56 APARTMENT 1514 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GB	£215,000	11/02/2022	Flat

Area average: £245,944 (20 sales)

Capital growth trend

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

5y growth 29.9%

10y growth 61.6%

House Price Index (HM Land Registry — official index, not sold-price averages): North West. Series: Flats and maisonettes. As of February 2026.

1y (index) -0.3%

5y (index) 11.3%

10y (index) 47%

Rental Range

Estimated market rent for North West. Low = conservative, Realistic = average, Optimistic = best case.

Low £856/mo

Realistic £951/mo

Optimistic £1,046/mo

Based on Postcode area M → North West.

LHA (30th percentile) floor for Central Greater Manchester: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 7GX

Nearby

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

Type	Name	Distance
Bus stop	Blackfriars Road/King Street	0.0 miles
Shop	Alpine Manchester	0.1 miles
Shop	Dacia Manchester	0.1 miles
Bus stop	Blackfriars Road/Greengate West	0.1 miles
Train station	Salford Central	0.3 miles
University	UCEN Manchester (City Campus)	0.4 miles
Train station	Manchester Victoria	0.4 miles
University	University of Law	0.7 miles
Hospital	Braeburn House	1.7 miles
Hospital	Salford Gastric Bypass Surgery	1.7 miles

Street-level crime

Category	Count
Violence and sexual offences	7
Other theft	3
Theft from the person	1
Total incidents	11

Within 1 mile during Mar 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
The Friars Primary School	Primary	0.3 miles	Good — 24 Apr 2024
The Cathedral School of St Peter and St John RC Primary	Primary	0.3 miles	Good — 10 Jul 2022
Chetham's School of Music	Other	0.4 miles	— (No rating)
Abbey College Manchester	Other	0.5 miles	— (No rating)
Digital Advantage	Other	0.5 miles	— (No rating)

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, Blackfriars Road, M3	£1,140/mo	1	0.04 miles	OpenRent
1 Bed Flat, Courtland @ Collier's Yard, M3	£1,720/mo	1	0.12 miles	OpenRent
1 Bed Flat, Westminster House, M3	£2,800/mo	1	0.18 miles	OpenRent
Studio Flat, Chapel Street, M3	£1,300/mo	1	0.25 miles	OpenRent
Studio Flat, Chapel Street, M3	£1,300/mo	1	0.25 miles	OpenRent
1 Bed Flat, Mirabel Street, M3	£995/mo	1	0.25 miles	OpenRent

Average rent: £1,543/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.76%

Max investor price (0.8%) £162,500

Target investor price (1%) £130,000

Gross yield 9.2%

Cost-to-rent ratio 10.9×

Monthly cashflow £476/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 11.6%

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).