# 1 bedroom apartment for rent (M5 4WD)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 520, COMMERCE QUAY, 221, ORDSALL LANE, SALFORD, GREATER MANCHESTER M5 4WD |
| Price | £1,050 pcm |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £154,950 Sep 2024 |

## Description

NPP Residential is pleased to present this stylish apartment in the brand-new Commerce Quay development, located on Ordsall Lane, Salford.

The property itself comprises a spacious open-plan kitchen and living area, a well-proportioned double bedroom, and a contemporary three-piece bathroom featuring a W.C., hand basin, and a bath with overhead shower. The apartment is offered fully furnished to a high standard.

Residents of the development benefit from excellent on-site amenities, including a gym, residentials lounge, communal gardens and a 24hour concierge service.

Perfectly positioned on the edge of Salford Quays and within easy reach of Manchester city centre, the development benefits from excellent transport links, including nearby Metrolink services and quick access to the M602. Residents are also just a short distance from MediaCityUK, home to major employers, restaurants, bars, and waterfront leisure facilities.

## Property Photos

- ![Living Room](/listings/photos/89518098/1351960) - Living Room
- ![Living Room](/listings/photos/89518098/1351964) - Living Room
- ![Living Room](/listings/photos/89518098/1351971) - Living Room
- ![Living Room](/listings/photos/89518098/1351973) - Living Room
- ![Kitchen](/listings/photos/89518098/1351974) - Kitchen
- ![Kitchen](/listings/photos/89518098/1351975) - Kitchen
- ![Bedroom](/listings/photos/89518098/1351976) - Bedroom
- ![Bedroom](/listings/photos/89518098/1351977) - Bedroom
- ![Bathroom](/listings/photos/89518098/1351978) - Bathroom
- ![Exterior](/listings/photos/89518098/1351980) - Exterior
- ![Concierge](/listings/photos/89518098/1351982) - Concierge
- ![Gym](/listings/photos/89518098/1351984) - Gym
- ![Residents Lounge](/listings/photos/89518098/1351990) - Residents Lounge

## EPC Graphs

- ![EE Rating](/listings/photos/89518098/1351991) - EE Rating

## 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, Ordsall Lane, M5 | £1,250/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Ordsall Lane, M5 | £995/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Woden Street, M5 | £1,150/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Timber Wharf, M15 | £1,050/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Timber Wharf, M15 | £1,050/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Cleworth St, M15 | £1,000/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Ellesmere Street, M15 | £995/mo | 1 | 0.35 miles | OpenRent |
| 1 Bed Flat, Ellesmere Street, M15 | £995/mo | 1 | 0.35 miles | OpenRent |
| 1 Bed Flat, Vista River Tower, M3 | £1,400/mo | 1 | 0.38 miles | OpenRent |

**Average rent: £1,098/mo (9 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,050/mo).*

- **Gross yield:** 1200%
- **Monthly cashflow:** £916/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3609.3%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)