Railings
Middlewood Locks, M5, M5 4BQ
£490,000
Free community event Generous balcony Corner 3 bed Amazing views Full height glazing Contemporary kitchen Generous kitchen High Specification Kitchen island Open plan living rm Master bedroom Large bedrooms Fitted wardrobes Double bedroom Stylish bathroom Hansgrohe & Vitra Rain shower En-suite bathroom Bike storage Mirrored cupboard Open plan Contemporary design Large livingroom Bosch appliances Quartz worktops South facing Generous balcony Beautiful design Full height glazing Undermount sink Parcel lockers Residents atrium Residents entrance Balconies Childrens play area Anyone for chess? Private gardens
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Property details
Tenure
LEASEHOLD
Local average
£204,902 (+139.1%)
Street crime
4 incidents within 1 mile (Apr 2026)
Key features
- Secure parking included in the price
- 92 Degrees coffee shop and Co-op located in the neighbourhood
- Contemporary open plan design
- High specification throughout the apartment; integrated appliances included
- Secure car parking available at cost option
- 10 year building warranty
- Residents atrium and parcel lockers
- Walking distance to Manchester City Centre
- No ground rent - peppercorn rent
- 999 year lease
Additional details
- Heating
- Electric, Double glazing
- Accessibility
- Lift access
- Parking
- Undercroft
- Garden
- Patio, Communal garden
Description
Middlewood Locks is an impeccably well-connected neighbourhood close to Spinningfields, St.Johns, New Bailey, Castlefield, and the many shops, bars and restaurants such as SOHO House and Mollies Motel, along with world-class cultural experiences such as Factory International, are on the doorstep.
Railings is the third phase of new homes, which are ready to move in now. Thoughtfully designed and located along the canal side, with open and inviting public realm, which is hugely popular amongst the community and for hosting events. Railings has exceptional homes and outstanding amenities for the residents' enjoyment.
Centred around a private residents' podium garden which has a mix of soft seating, play areas, including an oversized chess board, which encourages social interaction and friendships. Likewise, the impressive residents' lobby lounge with a residents' break-out space complete with free Wi -Fi is a great place to work or meet your friends and neighbours.
Apartment 902 is a 3-bedroom apartment located on the ninth floor with dual aspect and fantastic views of the neighbourhood, canal and Manchester City. The generously covered balcony provides good outdoor space with full-height glazed balcony doors, allowing plenty of natural light into the apartment. The open plan layout feels spacious and airy, and the apartment is finished to a very high specification. The apartment benefits from a secure allocated car parking space, which is included in the price.
The contemporary Pronorm kitchen is fitted with handle-less wall and base-mounted units finished with a Quartz worktop and splashback. Integrated Bosch appliances, including induction hob, oven, microwave, fridge freezer, dishwasher, undermount sink with chrome mixer tap and a freestanding Indesit washer/dryer are included in a separate utility cupboard.
The apartment is fitted with luxury vinyl flooring throughout the living, kitchen and utility areas, fitted carpets to the bedrooms and Porcelain floor tiles to the bathrooms. All bedrooms have contemporary white fitted wardrobes and full height windows with views of the canal and city.
The main bedroom has a lovely en-suite bathroom, featuring a walk-in rain shower with a fixed shower screen, Vitra white wall-hung basin and toilet with Hansgrohe brassware, partially ceramic tiled walls, a mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.
The generous, stylish main bathroom is fitted with Vitra white wall-hung basin and toilet with Hansgrohe brassware, a white enamel bath with Hansgrohe shower overhead, a fixed shower screen, partially ceramic tiled walls, a mirrored bathroom cabinet with LED downlighters above the sink, a heated towel rail and recessed LED spot lighting.
The apartment is available for sale on a 999-year lease, and the ground rent is peppercorn.
PLEASE NOTE SOME NTERNAL IMAGES ARE OF THE RAILINGS SHOW APARTMENT AND NOT OF APARTMENT A902
Listed by
Railings, Middlewood Locks
Middlewood Locks KLM Ltd
Reference: 172698386
EPC Rating & Upgrade Cost
Fetching EPC data… Refresh this page in a moment.
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £490,000 | — |
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 |
|---|---|---|---|
| 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 |
| 30 APARTMENT 517 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £190,000 | 20/10/2025 | Flat |
| 30 APARTMENT 902 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £280,000 | 01/10/2024 | Flat |
| 30 APARTMENT 312 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £259,995 | 28/02/2024 | Flat |
| 30 APARTMENT 108 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £305,000 | 19/12/2023 | Flat |
| 30 APARTMENT 712 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £192,995 | 14/12/2023 | Flat |
| 30 APARTMENT 1004 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £194,995 | 30/11/2023 | Flat |
| FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £145,000 | 24/11/2023 | Flat |
| 30 APARTMENT 806 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £192,000 | 07/11/2023 | Flat |
| 30 APARTMENT 616 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £199,995 | 02/11/2023 | Flat |
| 30 APARTMENT 310 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £260,000 | 30/10/2023 | Flat |
| 1 APARTMENT 705 LOCKGATE SQUARE, SALFORD, GREATER MANCHESTER, M5 4YU | £190,000 | 23/10/2023 | Flat |
| FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £140,000 | 20/10/2023 | Flat |
| 30 APARTMENT 1201 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £185,995 | 13/10/2023 | Flat |
| 30 APARTMENT 103 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £250,000 | 13/10/2023 | Flat |
| 30 APARTMENT 207 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £264,995 | 13/10/2023 | Flat |
| 30 APARTMENT 808 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £339,995 | 12/10/2023 | Flat |
| 30 UNIT G04 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £339,990 | 11/10/2023 | Flat |
| 30 APARTMENT 803 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £275,000 | 27/09/2023 | Flat |
Area average: £224,698 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Salford.
LHA (30th percentile) floor for Richmond & Hambleton: £648/mo (Apr 2025 – Mar 2026)
Location
Address
12 Lockside Lane
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | Co-op Food | 0.1 miles |
| Shop | Salford Motor Services | 0.1 miles |
| Bus stop | Oldfield Road/Liverpool Street | 0.1 miles |
| Bus stop | Oldfield Road/Adelphi Post Office | 0.2 miles |
| Train station | Salford Central | 0.4 miles |
| Train station | Salford Crescent | 0.7 miles |
| University | UCEN Manchester (City Campus) | 1.0 miles |
| University | University of Law | 1.0 miles |
| Hospital | Salford Gastric Bypass Surgery | 1.4 miles |
| Hospital | The Ailsa Craig Medical Practise | 2.9 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 | 0.1 miles | Good — 19 Oct 2023 |
| University of Salford | Other | 0.4 miles | — (No rating) |
| The Cathedral School of St Peter and St John RC Primary | Primary | 0.5 miles | Good — 10 Jul 2022 |
| Primrose Hill Primary School and Children's Centre | Primary | 0.6 miles | Good — 30 Jun 2022 |
| The Friars Primary School | Primary | 0.6 miles | Good — 24 Apr 2024 |
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 |
|---|---|---|---|---|
| 3 Bed Penthouse, Block C, M5 | £1,750/mo | 3 | 0.21 miles | OpenRent |
Average rent: £1,750/mo (1 listing)
Rent-driven metrics
Based on OpenRent comparables.
- 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).