Sold STC Flat

16

THE EDGE, CLOWES STREET, SALFORD, GREATER MANCHESTER M3 5NB

1 beds 1 baths 624 sq ft Listed 23 Aug 2023 (-1062d)

£230,000

Offers Over

Reduced on 11 Dec 2023

Save
Property photo

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15

/ 15

Property details

Tenure

LEASEHOLD (249 years remaining on lease)

Floor area

58 m²

Council tax band

C

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£230,000 Oct 2024

Price per m²

£3,966/m²

Local average

£283,642 (-18.9%)

Deprivation

Decile 6 (20,211 of 33,755)

Street crime

4 incidents within 1 mile (May 2026)

Key features

  • EWS1 from with B1 rating
  • Prestigious development with 24 hr. concierge
  • Est. 624 sqft
  • One double bedroom with fitted wardrobe
  • Third floor
  • Balcony with river views
  • Walnut flooring
  • Secure allocated car parking space
  • Well preserved
  • Vacant possession

Additional details

Electricity
Mains supply
Water
Mains supply
Heating
Electric
Parking
Off street

Description

Goodwin Fish is delighted to offer for sale a river facing one bedroom apartment in one of Manchester`s most prestigious developments, The Edge. Perched on the banks of the river Irwell the development is within throwing distance to Manchester`s shopping district and the culture rich city centre environment. You could not be better positioned to get the best out of Manchester`s bustling city centre.

Generously proportioned at an estimated 624 sqft, this well preserved third floor apartment benefits from Walnut flooring throughout.

Property briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with floor to ceiling windows and access to a generous balcony with river views; kitchen with integrated appliances; double bedroom with fitted wardrobe space; shower room.

The property is sold with the use of an allocated car parking space and is offered with vacant possession.

We are in possession of a completed EWS1 form with B1 which may be requested by lenders issuing a mortgage.

Tenure: Leasehold
Annual service charge: £3,181.64
Annual ground rent: £250.00
Length of lease: 245 years from 2002
Est. rental income: £1,200 pcm
Management company: Scanlans Property Management.
Animals permitted at discretion of the management company.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Listed by

Manchester

Goodwin Fish & Co

Reference: 138995591

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 21/08/2023

Expiry date: 20/08/2033

Est. upgrade cost to C: £700

Recommendations

  • Low energy lighting for all fixed outlets (£45)
  • Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

23% since 2016

Event Date Price % change
Sold 14/10/2024 (1 year ago) £230,000 +2.2%
Sold 04/05/2017 (9 years ago) £225,000 +20%
Sold 29/05/2016 (10 years ago) £187,500 —

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
THE EDGE 245 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG £141,000 12/12/2025 Flat
THE EDGE 267 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG £140,000 12/12/2025 Flat
THE EDGE 174 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF £270,000 21/10/2025 Flat
THE EDGE 20 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £368,000 31/03/2025 Flat
THE EDGE 41 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £155,000 28/02/2025 Flat
THE EDGE 33 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £197,500 22/11/2024 Flat
THE EDGE 14 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £203,000 25/09/2024 Flat
THE EDGE 27 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £280,000 26/02/2024 Flat
THE EDGE 214 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF £162,500 15/12/2023 Flat
THE EDGE 28 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £326,000 10/11/2023 Flat
THE GALLERY, 18 APARTMENT 26 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5JR £246,000 04/11/2023 Flat
THE EDGE 235 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF £580,000 14/07/2023 Flat
THE EDGE 31 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £330,000 23/05/2023 Flat
THE EDGE 46 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB £260,000 06/04/2023 Flat
THE EDGE 212 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF £330,000 20/03/2023 Flat
THE EDGE 182 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF £156,000 16/12/2022 Flat
TEXTILE APARTMENTS, 10 APARTMENT 1 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5BY £275,000 07/12/2022 Flat
THE EDGE 85 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5ND £268,000 18/11/2022 Flat
THE EDGE 112 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NE £195,000 04/11/2022 Flat
THE EDGE 196 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF £218,000 01/11/2022 Flat

Area average: £255,050 (20 sales)

Capital growth trend

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

5y growth -13.4%
10y growth 28.3%

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

1y (index) -5%
5y (index) 17.3%
10y (index) 75%

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 Central Greater Manchester: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 5NB

Address

174 Clowes Street

Nearby

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

Type Name Distance
Shop Tasha Health Massage 0.0 miles
Shop Cillian Nails 0.0 miles
Bus stop BLACKFRIARS Street/Blackfriars Bridge 0.1 miles
Bus stop Chapel Street/Trinity Church (Stop WQ) 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 0.5 miles
Hospital Salford Gastric Bypass Surgery 1.9 miles
Hospital The Ailsa Craig Medical Practise 2.6 miles

Street-level crime

Category Count
Violence and sexual offences 3
Drugs 1
Total incidents 4

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

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, New Kings Head Yard, M3 £1,200/mo 1 0.15 miles OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.52%
Max investor price (0.8%) £150,000
Target investor price (1%) £120,000
Gross yield 6.3%
Cost-to-rent ratio 16×
Monthly cashflow £149/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2.7%
  • 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).