For sale Flat

Railings

Middlewood Locks, M5, M5 4BQ

3 beds 2 baths Listed 27 Feb 2026 (-117d)

£490,000

Save

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 award-winning canalside neighbourhood that's closely connected to the city, with a community of over 2,600 residents enjoying living in their homes. It provides a gorgeous environment for people who want to enjoy city life but live in a peaceful and calm environment. Just far enough away from the hubbub and bright lights to feel like a sanctuary, but still close enough for it all to be within strolling distance.

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)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

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).

5y growth -14.2%
10y growth 29.2%

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: £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 0.36%
Max investor price (0.8%) £218,750
Target investor price (1%) £175,000
Gross yield 4.3%
Cost-to-rent ratio 23.3×
Monthly cashflow £-380/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.2%
  • 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).