# 1 bedroom apartment for sale (M3 7JS) ## Property Details | Key | Value | |-----|-------| | Address | KING WILLIAM THE FOURTH HOTEL, 8, SPRINGFIELD LANE, SALFORD, SALFORD, GREATER MANCHESTER M3 7JS | | Price | £259,500 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | TBC | | Last sold | £225,000 Mar 2002 | ## Description Final 1-bed at Uptown: Prime location + Great connectivity + Luxury amenities for everyday life. Uptown delivers on all fronts: strong rental demand, smart energy efficiency, and a prime riverside location. With 1–2 bed units fitted with Wondrwall tech and sustainable construction, the development meets the needs of eco-conscious tenants and investors alike. Located near Spinningfields and Victoria Station, and offering amenities like a gym, cinema and concierge, Uptown is already drawing consistent tenant interest. Development Highlights: - Completed and ready to let - 6%+ projected rental yields - Smart energy tech in all apartments - Cinema room, concierge & gym - Riverfront location with transport links nearby Contact Rothmore Property for availability or explore our 60+ development portfolio. ## Property Photos - ![WhatsApp Image 2022-04-04 at 1.36.51 PM (1).jpeg](/listings/photos/89592147/679358) - WhatsApp Image 2022-04-04 at 1.36.51 PM (1).jpeg - ![WhatsApp Image 2022-04-04 at 1.36.49 PM.jpeg](/listings/photos/89592147/679359) - WhatsApp Image 2022-04-04 at 1.36.49 PM.jpeg - ![WhatsApp Image 2022-04-04 at 1.36.52 PM.jpeg](/listings/photos/89592147/679360) - WhatsApp Image 2022-04-04 at 1.36.52 PM.jpeg - ![WhatsApp Image 2022-04-04 at 1.36.53 PM (2).jpeg](/listings/photos/89592147/679361) - WhatsApp Image 2022-04-04 at 1.36.53 PM (2).jpeg - ![WhatsApp Image 2022-04-04 at 1.36.47 PM (1).jpeg](/listings/photos/89592147/679362) - WhatsApp Image 2022-04-04 at 1.36.47 PM (1).jpeg - ![WhatsApp Image 2022-04-04 at 1.36.47 PM (2).jpeg](/listings/photos/89592147/679363) - WhatsApp Image 2022-04-04 at 1.36.47 PM (2).jpeg - ![WhatsApp Image 2022-04-04 at 1.36.53 PM (1).jpeg](/listings/photos/89592147/679364) - WhatsApp Image 2022-04-04 at 1.36.53 PM (1).jpeg - ![WhatsApp Image 2022-04-04 at 1.36.51 PM.jpeg](/listings/photos/89592147/679365) - WhatsApp Image 2022-04-04 at 1.36.51 PM.jpeg - ![WhatsApp Image 2022-04-04 at 1.36.58 PM.jpeg](/listings/photos/89592147/679366) - WhatsApp Image 2022-04-04 at 1.36.58 PM.jpeg ## Floorplans - ![Uptown - Floorplan - 1-Bed (C.3.06).jpg](/listings/photos/89592147/679367) - Uptown - Floorplan - 1-Bed (C.3.06).jpg ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | KING WILLIAM THE FOURTH HOTEL, 8 SPRINGFIELD LANE, SALFORD, GREATER MANCHESTER, M3 7JS | £225,000 | 22/03/2002 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | ABITO, 85 APARTMENT 627 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £120,000 | 19/12/2025 | Flat | | ABITO, 85 APARTMENT 204 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £115,000 | 17/12/2025 | Flat | | ABITO, 85 APARTMENT 111 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 16/12/2025 | Flat | | ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 10/12/2025 | Flat | | ABITO, 85 APARTMENT 828 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £115,000 | 08/12/2025 | Flat | | ABITO, 85 APARTMENT 601 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £146,000 | 16/07/2025 | Flat | | ABITO, 85 APARTMENT 716 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £110,000 | 07/02/2025 | Flat | | SORTING OFFICE BUILDING, 7 APARTMENT 46 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ | £250,000 | 06/12/2024 | Flat | | ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £94,000 | 25/11/2024 | Flat | | ABITO, 85 APARTMENT 322 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 30/07/2024 | Flat | | ABITO, 85 APARTMENT 820 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £145,000 | 20/10/2023 | Flat | | ABITO, 85 APARTMENT 714 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £140,000 | 06/10/2023 | Flat | | ABITO, 85 APARTMENT 414 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £133,000 | 22/09/2023 | Flat | | ABITO, 85 APARTMENT 620 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £138,000 | 21/08/2023 | Flat | | ABITO, 85 APARTMENT 320 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £147,000 | 18/08/2023 | Flat | | SORTING OFFICE BUILDING, 7 APARTMENT 52 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ | £280,000 | 14/07/2023 | Flat | | ABITO, 85 APARTMENT 411 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £100,000 | 21/06/2023 | Flat | | ABITO, 85 APARTMENT 319 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £119,000 | 16/06/2023 | Flat | | 12 TWILLBROOK DRIVE, SALFORD, GREATER MANCHESTER, M3 7AR | £150,000 | 19/05/2023 | Flat | | ABITO, 85 APARTMENT 530 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £115,000 | 06/04/2023 | Flat | **Area average:** £137,350 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £285,168 (345 Flat, M3, 2024–2026) - **Deviation:** -9% ## 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 Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## 1% Rule - **Rent ratio:** 0.45% (weak for cashflow) - **Max investor price (0.8%):** £145,250 - **Target investor price (1%):** £116,200 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -2.4% - **10y growth:** 31.6% ## 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)