# 2 bedroom apartment for sale (M3 7JA)

## Property Details

| Key | Value |
|-----|-------|
| Address | Bankside, M3, M3 7JA |
| Price | £430,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |

## Description

Positioned above the 30th floor of Bankside at Colliers Yard, this exceptional two-bedroom corner apartment offers elevated city living with panoramic views across Manchester and beyond.

The corner aspect floods the apartment with natural light throughout the day, while the thoughtfully designed open-plan living, dining and kitchen space provides a contemporary setting for both everyday living and entertaining. Floor-to-ceiling windows maximise the outlook, creating a bright and spacious feel.

Both bedrooms are generously proportioned, with the principal bedroom benefiting from an en-suite bathroom, complemented by a stylish main bathroom finished to a high specification. Premium fixtures, quality materials and modern finishes run throughout, reflecting the development's contemporary design.

The apartment also benefits from a secure allocated parking space- an increasingly rare and valuable feature in this central Manchester location.

Residents of Bankside enjoy access to an impressive range of amenities, including a 24-hour concierge, residents' lounge, gym, co-working spaces, all within one of Manchester's most sought-after new neighbourhoods.

Ideally located moments from Manchester city centre, Spinningfields and the River Irwell, this apartment combines striking views, premium amenities and excellent connectivity, making it an outstanding home or investment opportunity.

Additional Information 

Approx. 792 sq ft

Service Charge: circa £2720.12 per annum

Building Insurance: circa £510.15 per annum

Ground Rent: None payable

Tenure: Leasehold circa 998 years remaining

## Property Photos

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## Floorplans

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## EPC Graphs

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## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 32 APARTMENT 407 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £177,000 | 19/12/2025 | Flat |
| 32 APARTMENT 1304 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GE | £250,000 | 10/06/2025 | Flat |
| 32 APARTMENT 1205 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £330,000 | 10/06/2025 | Flat |
| 32 APARTMENT 1309 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GE | £310,000 | 10/06/2025 | Flat |
| 32 APARTMENT 1008 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £320,000 | 10/06/2025 | Flat |
| 32 APARTMENT 1010 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £320,000 | 10/06/2025 | Flat |
| [Same street] 12 APARTMENT 3208 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £342,000 | 01/05/2025 | Flat |
| [Same street] 12 APARTMENT 3302 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £238,840 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 2902 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £233,760 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3505 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £255,120 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3002 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £234,960 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3405 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £253,920 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3102 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £235,920 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3402 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £238,800 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3202 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £236,880 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3305 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £252,960 | 30/04/2025 | Flat |
| [Same street] 12 APARTMENT 3105 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £245,250 | 31/03/2025 | Flat |
| [Same street] 12 APARTMENT 3407 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £417,590 | 31/03/2025 | Flat |
| [Same street] 12 APARTMENT 3404 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £369,250 | 31/03/2025 | Flat |
| [Same street] 12 APARTMENT 3009 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £391,082 | 31/03/2025 | Flat |
| [Same street] 12 APARTMENT 3001 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7JA | £357,750 | 26/03/2025 | Flat |
| THE BAYLEY, 21 APARTMENT 45 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £107,000 | 13/01/2025 | Flat |
| THE BAYLEY, 21 APARTMENT 45 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £107,000 | 13/01/2025 | Flat |
| 32 APARTMENT 401 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £265,000 | 20/12/2023 | Flat |
| 32 APARTMENT 1202 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £320,000 | 27/10/2023 | Flat |
| 32 APARTMENT 309 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £275,000 | 26/10/2023 | Flat |
| 32 APARTMENT 412 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £180,000 | 20/10/2023 | Flat |
| 32 APARTMENT 1007 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £192,000 | 16/06/2023 | Flat |
| THE BAYLEY, 21 APARTMENT 50 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £115,000 | 13/04/2023 | Flat |
| THE BAYLEY, 21 APARTMENT 52 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £105,000 | 13/04/2023 | Flat |
| 32 APARTMENT 603 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £298,000 | 16/01/2023 | Flat |
| 32 APARTMENT 1304 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GE | £253,739 | 26/08/2022 | Flat |
| 32 APARTMENT 1205 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £340,253 | 26/08/2022 | Flat |
| 32 APARTMENT 1010 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £310,097 | 26/08/2022 | Flat |
| ALBERT VAULTS, 169 - 171 APARTMENT 12 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AD | £143,000 | 28/07/2022 | Flat |

**Street average:** £286,939 (15 sales)
**Area average:** £235,904 (20 sales)

## Price vs local average

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

- **Local average:** £283,615 (355 Flat, M3, 2024–2026)
- **Deviation:** +51.6%

## Rental Range

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

- **Low:** £859/mo
- **Realistic:** £954/mo
- **Optimistic:** £1,049/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £873/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 |
|------|------|------|------|------|
| 2 Bed Flat, Block C Alto, M3 | £1,300/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Block B Blackfriars, M3 | £1,550/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Local Blackfriars, M3 | £1,600/mo | 2 | 0.2 miles | OpenRent |

**Average rent: £1,483/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £193,750
- **Target investor price (1%):** £155,000

*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 £1,550/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.1×
- **Monthly cashflow:** £-323/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.1%

*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:** -13.5%
- **10y growth:** 29.4%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 3.7%
- **5y growth (index):** 12.9%
- **10y growth (index):** 43.4%

## 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)