For sale Flat

APARTMENT 102

30 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER M5 4ZL

1 beds 1 baths 893 sq ft Listed 1 Jun 2026 (-8d)

£140,000

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# 1 bedroom apartment for sale (M5 4ZL)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 102, 30 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER M5 4ZL |
| Price | £140,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Floor area | 83 m² |
| Last sold | £261,495 Jun 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £473/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/1537-4635-9000-0184-5292)

## Description

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

DESCRIPTION

Nestled in the heart of Manchester city centre, just a stone's throw from Oxford Road train station, this completed development offers a unique opportunity for investors. With a range of high-quality residential apartments generating a 6% rental return, this development has consistently attracted strong tenant demand since its completion.

Apartments in this development are furnished to the highest standard and offer fully integrated kitchens, large windows, and premium flooring, allowing for the perfect blend of convenience, comfort, and investment potential.

Close to key regions of the city (such as the Northern Quarter and central shopping district), this development also makes the ideal home for working professionals in the area.

Manchester's reputation as a thriving investment hotspot is well-deserved. With its robust rental yields, competitive prices, high tenant demand, and excellent employment opportunities, it's no surprise that this northern city is attracting investors from both domestic and international markets.

With property values in the North West predicted to increase by over 28.8% by 2028, this apartment offers exceptional rental yields and strong capital growth potential.

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

## Property Photos

- ![Photo](/listings/photos/89151360/641387)
- ![Photo](/listings/photos/89151360/641388)
- ![Photo](/listings/photos/89151360/641389)
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- ![Photo](/listings/photos/89151360/641391)
- ![Photo](/listings/photos/89151360/641392)
- ![Photo](/listings/photos/89151360/641393)
- ![Photo](/listings/photos/89151360/641394)
- ![Photo](/listings/photos/89151360/641395)
- ![Photo](/listings/photos/89151360/641396)
- ![Photo](/listings/photos/89151360/641397)

## Floorplans

- ![Floorplan 1](/listings/photos/89151360/641398) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 30 APARTMENT 102 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £261,495 | 26/06/2023 | 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 |
|---------|-------|------|------|
| 7 MUSLIN STREET, SALFORD, GREATER MANCHESTER, M5 4NF | £227,500 | 22/12/2025 | Flat |
| FUSION 2, 16 APARTMENT 2 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £165,000 | 12/12/2025 | Flat |
| FUSION 5, 10 APARTMENT 5 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £123,000 | 18/11/2025 | Flat |
| FUSION 9, 2 APARTMENT 23 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH | £95,000 | 09/05/2025 | Flat |
| 3 APARTMENT 508 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EL | £160,000 | 12/03/2025 | Flat |
| 5 MUSLIN STREET, SALFORD, GREATER MANCHESTER, M5 4NF | £279,000 | 29/10/2024 | Flat |
| 3 APARTMENT 315 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE | £152,000 | 29/10/2024 | Flat |
| 30 UNIT G03 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4LZ | £239,950 | 05/07/2024 | Flat |
| FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £145,000 | 24/11/2023 | Flat |
| FUSION 8, 4 APARTMENT 4 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH | £145,000 | 13/11/2023 | Flat |
| FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £140,000 | 20/10/2023 | Flat |
| FUSION 7, 6 APARTMENT 1 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH | £127,000 | 02/10/2023 | Flat |
| FUSION 5, 10 APARTMENT 14 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £160,000 | 11/09/2023 | Flat |
| 26 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4LZ | £292,990 | 06/09/2023 | Flat |
| 3 APARTMENT 317 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE | £157,281 | 05/09/2023 | Flat |
| 12 APARTMENT 403 LOCKSIDE LANE, SALFORD, GREATER MANCHESTER, M5 4YT | £290,000 | 22/08/2023 | Flat |
| 1 COW LANE, SALFORD, GREATER MANCHESTER, M5 4NB | £281,500 | 08/08/2023 | Flat |
| FUSION 2, 16 APARTMENT 23 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £255,000 | 21/07/2023 | Flat |
| 3 APARTMENT 217 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE | £156,000 | 21/07/2023 | Flat |
| FUSION 1, 18 APARTMENT 3 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £196,500 | 17/07/2023 | Flat |

**Area average:** £189,386 (20 sales)

## Price vs local average

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

- **Local average:** £206,700 (69 Flat, M5, 2024–2026)
- **Deviation:** -32.3%

## 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):** £449/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, Oldfield Rd, M5 | £1,800/mo | 1 | 0.18 miles | OpenRent |
| 1 Bed Flat, Wilton Place, M3 | £980/mo | 1 | 0.28 miles | OpenRent |
| 1 Bed Flat, Wilson Place, M3 | £980/mo | 1 | 0.28 miles | OpenRent |
| Studio Flat, Water Street, M3 | £1,245/mo | 1 | 0.38 miles | OpenRent |
| 1 Bed Flat, Liverpool Road, M3 | £1,150/mo | 1 | 0.5 miles | OpenRent |
| 1 Bed Flat, Leftbank, M3 | £1,195/mo | 1 | 0.55 miles | OpenRent |
| 1 Bed Flat, The Bayley, M3 | £1,050/mo | 1 | 0.57 miles | OpenRent |

**Average rent: £1,200/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.82% (okay)
- **Max investor price (0.8%):** £143,750
- **Target investor price (1%):** £115,000

*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 £1,150/mo).*

- **Gross yield:** 9.9%
- **Cost-to-rent:** 10.1×
- **Monthly cashflow:** £459/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.6%

*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).*

## Price per Square Metre

- **£/m²:** £1,687/m²

## Capital growth trend

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

- **5y growth:** -0.4%
- **10y growth:** 36.5%

## 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)

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Property details

Floor area

83 m²

EPC rating

Last sold

£261,495 Jun 2023

Price per m²

£1,687/m²

Local average

£206,700 (-32.3%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

Salford Location With Strong Capital Growth Opportunities
6% Projected Returns
Large Windows for Plenty of Natural Light
Double Bedroom With Ensuite Bathroom
Capital Growth Forecast of 28.8% by 2028
Below Market Value Apartments
900m From Spinningfields Business District
Experienced UK 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

Nestled in the heart of Manchester city centre, just a stone's throw from Oxford Road train station, this completed development offers a unique opportunity for investors. With a range of high-quality residential apartments generating a 6% rental return, this development has consistently attracted strong tenant demand since its completion.

Apartments in this development are furnished to the highest standard and offer fully integrated kitchens, large windows, and premium flooring, allowing for the perfect blend of convenience, comfort, and investment potential.

Close to key regions of the city (such as the Northern Quarter and central shopping district), this development also makes the ideal home for working professionals in the area.

Manchester's reputation as a thriving investment hotspot is well-deserved. With its robust rental yields, competitive prices, high tenant demand, and excellent employment opportunities, it's no surprise that this northern city is attracting investors from both domestic and international markets.

With property values in the North West predicted to increase by over 28.8% by 2028, this apartment offers exceptional rental yields and strong capital growth potential.

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

Listed by

Liverpool

RW Invest North Ltd

Reference: 89151360

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 14/05/2023

Current heating cost: £473/year

Potential heating cost: £473/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Listed for sale	—	£140,000	-46.5%
Sold	26/06/2023 (2 years ago)	£261,495	—

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
7 MUSLIN STREET, SALFORD, GREATER MANCHESTER, M5 4NF	£227,500	22/12/2025	Flat
FUSION 2, 16 APARTMENT 2 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW	£165,000	12/12/2025	Flat
FUSION 5, 10 APARTMENT 5 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN	£123,000	18/11/2025	Flat
FUSION 9, 2 APARTMENT 23 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH	£95,000	09/05/2025	Flat
3 APARTMENT 508 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EL	£160,000	12/03/2025	Flat
5 MUSLIN STREET, SALFORD, GREATER MANCHESTER, M5 4NF	£279,000	29/10/2024	Flat
3 APARTMENT 315 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE	£152,000	29/10/2024	Flat
30 UNIT G03 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4LZ	£239,950	05/07/2024	Flat
FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN	£145,000	24/11/2023	Flat
FUSION 8, 4 APARTMENT 4 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH	£145,000	13/11/2023	Flat
FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW	£140,000	20/10/2023	Flat
FUSION 7, 6 APARTMENT 1 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH	£127,000	02/10/2023	Flat
FUSION 5, 10 APARTMENT 14 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN	£160,000	11/09/2023	Flat
26 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4LZ	£292,990	06/09/2023	Flat
3 APARTMENT 317 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE	£157,281	05/09/2023	Flat
12 APARTMENT 403 LOCKSIDE LANE, SALFORD, GREATER MANCHESTER, M5 4YT	£290,000	22/08/2023	Flat
1 COW LANE, SALFORD, GREATER MANCHESTER, M5 4NB	£281,500	08/08/2023	Flat
FUSION 2, 16 APARTMENT 23 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW	£255,000	21/07/2023	Flat
3 APARTMENT 217 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE	£156,000	21/07/2023	Flat
FUSION 1, 18 APARTMENT 3 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW	£196,500	17/07/2023	Flat

Area average: £189,386 (20 sales)

Capital growth trend

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

5y growth -0.4%

10y growth 36.5%

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: £449/mo (Apr 2025 – Mar 2026)

Location

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

Nearby

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

Type	Name	Distance
Bus stop	Oldfield Road/Liverpool Street	0.0 miles
Bus stop	Liverpool Street/Whitehouse Hotel	0.0 miles
Shop	Selectric	0.1 miles
Shop	Total Spray Repair Centre	0.1 miles
Train station	Salford Central	0.5 miles
Train station	Salford Crescent	0.6 miles
University	UCEN Manchester (City Campus)	1.1 miles
University	University of Law	1.1 miles
Hospital	Salford Gastric Bypass Surgery	1.2 miles
Hospital	The Ailsa Craig Medical Practise	3.0 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
St Philip's CofE Primary School	Primary	0.2 miles	Good — 19 Oct 2023
University of Salford	Other	0.3 miles	— (No rating)
Primrose Hill Primary School and Children's Centre	Primary	0.5 miles	Good — 30 Jun 2022
St Paul's CofE Primary School	Primary	0.5 miles	Good — 9 Jun 2024
St Joseph's RC Primary School	Primary	0.6 miles	Good — 24 May 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, Oldfield Rd, M5	£1,800/mo	1	0.18 miles	OpenRent
1 Bed Flat, Wilton Place, M3	£980/mo	1	0.28 miles	OpenRent
1 Bed Flat, Wilson Place, M3	£980/mo	1	0.28 miles	OpenRent
Studio Flat, Water Street, M3	£1,245/mo	1	0.38 miles	OpenRent
1 Bed Flat, Liverpool Road, M3	£1,150/mo	1	0.5 miles	OpenRent
1 Bed Flat, Leftbank, M3	£1,195/mo	1	0.55 miles	OpenRent
1 Bed Flat, The Bayley, M3	£1,050/mo	1	0.57 miles	OpenRent

Average rent: £1,200/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.82%

Max investor price (0.8%) £143,750

Target investor price (1%) £115,000

Gross yield 9.9%

Cost-to-rent ratio 10.1×

Monthly cashflow £459/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 13.6%

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).