For sale Flat

Luxury Manchester Apartment – 6% Rental Yields | Lucrative Buy To Let Opportunity

M5 4UE

1 beds 1 baths Listed 22 Aug 2026 (-8d)

£199,950

Offers in Region of

Reduced on 11 Aug 2026

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# 1 bedroom apartment for sale (M5 4UE)

## Property Details

| Key | Value |
|-----|-------|
| Address | Luxury Manchester Apartment – 6% Rental Yields \| Lucrative Buy to Let Opportunity, M5 4UE |
| Price | £199,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £150,000 |

## Description

"**Luxury Manchester Apartment – 6% Rental Yields | Lucrative Buy to Let Opportunity**

A contemporary collection of apartments located close to Manchester city centre and the Salford Quays corridor, offering modern homes in one of the region’s strongest growth locations.

With strong tenant appeal, high-quality interiors, and excellent access to workplaces, leisure, and transport, this development provides an attractive opportunity to invest in prime city-fringe property with 6% projected returns.

This property is available to buy-to-let investors and owner-occupiers.

Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments.

The Investment

This city-fringe opportunity gives investors exposure to a popular rental market serving both city centre professionals and those working in nearby media and business districts.

With 6% projected returns, strong demand for well-located apartments, and optional professional management, it is well suited to those seeking a hands-off investment.

The Location

Situated between Manchester city centre and key destinations such as Salford Quays and MediaCityUK, the development benefits from excellent connectivity by road, tram, and rail.

Residents enjoy quick access to major employment hubs, local parks and waterways, and a growing range of cafes, bars, and everyday amenities, making the location particularly appealing to commuters and young professionals.

The Apartments

Apartments are designed for modern urban living, with a mix of one and two-bedroom layouts that balance comfort and practicality.

Generous living areas, contemporary fitted kitchens, and stylish bathrooms create attractive, low-maintenance homes, while large windows in many units help to maximise natural light and make the most of the surrounding city and skyline views.

The Development

The development forms part of a high-spec residential block in a sought-after regeneration corridor.

Professionally managed communal areas, efficient building systems, and a secure environment contribute to a smooth resident experience, supporting strong occupancy levels.

Key onsite facilities include:

Secure entry system and monitored communal spacesLift access serving the main residential floorsDedicated cycle storage for city commutersWell-presented lobby

Why Invest?

6%+ projected rental returns in a high-demand Manchester city-fringe neighbourhoodStrong appeal to professionals working in the city centre, Salford Quays & MediaCityUKRegeneration-led area with improving amenities, transport links, and public realmModern, high-spec apartments designed for resilient long-term rental demandFully hands-off structure with professional management available to support consistent income

Enquire now to secure your unit and receive a full investment breakdown."

## Property Photos

- ![Photo](/listings/photos/92294169/2102038)
- ![Photo](/listings/photos/92294169/2102039)
- ![Photo](/listings/photos/92294169/2102040)
- ![Photo](/listings/photos/92294169/2102041)
- ![Photo](/listings/photos/92294169/2102042)
- ![Photo](/listings/photos/92294169/2102043)
- ![Photo](/listings/photos/92294169/2102044)
- ![Photo](/listings/photos/92294169/2102045)
- ![Photo](/listings/photos/92294169/2102046)

## Floorplans

- ![Floorplan 1](/listings/photos/92294169/2102047) - Floorplan 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 4 APARTMENT 454 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT | £210,000 | 09/01/2026 | Flat |
| IMOGEN COURT FLAT 74 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TQ | £85,000 | 18/12/2025 | Flat |
| 9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG | £156,000 | 28/11/2025 | Flat |
| 4 APARTMENT 426 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT | £209,950 | 28/11/2025 | Flat |
| IRWELL BUILDING APARTMENT 58 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS | £180,000 | 18/11/2025 | Flat |
| 7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE | £143,000 | 04/11/2025 | Flat |
| THE RIVERSIDE APARTMENT 81 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SU | £255,000 | 24/10/2025 | Flat |
| RENOLDS HOUSE APARTMENT 40 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB | £80,000 | 23/10/2025 | Flat |
| IRWELL BUILDING APARTMENT 79 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS | £188,000 | 19/09/2025 | Flat |
| 3 APARTMENT 312 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GS | £200,000 | 29/08/2025 | Flat |
| 9 APARTMENT 312 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG | £235,000 | 28/08/2025 | Flat |
| DELANEY BUILDING APARTMENT 54 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SR | £130,000 | 13/08/2025 | Flat |
| 9 APARTMENT 110 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG | £194,000 | 27/06/2025 | Flat |
| COMMERCE QUAY, 221 APARTMENT 005 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4TT | £300,000 | 31/03/2025 | Flat |
| 7 APARTMENT 119 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £152,500 | 14/02/2025 | Flat |
| BRIDGEWATER POINT APARTMENT 705 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB | £158,000 | 07/02/2025 | Flat |
| CASSANDRA COURT FLAT 43 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TW | £140,000 | 20/01/2025 | Flat |
| THE MILL 103 SOUTH HALL STREET, SALFORD, GREATER MANCHESTER, M5 4JH | £230,000 | 14/10/2024 | Flat |
| 5 APARTMENT 521 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GY | £210,000 | 03/10/2024 | Flat |
| 5 APARTMENT 572 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GY | £240,000 | 15/03/2024 | Flat |

**Area average:** £184,823 (20 sales)

## Price vs local average

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

- **Local average:** £201,480 (80 Flat, M5, 2024–2026)
- **Deviation:** -0.8%

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,050/mo
- **Realistic:** £1,167/mo
- **Optimistic:** £1,284/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 Penthouse, Ordsall Lane, M5 | £1,090/mo | 1 | 0.24 miles | OpenRent |

**Average rent: £1,090/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.55% (weak for cashflow)
- **Max investor price (0.8%):** £136,250
- **Target investor price (1%):** £109,000

*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 £1,090/mo).*

- **Gross yield:** 6.5%
- **Cost-to-rent:** 15.3×
- **Monthly cashflow:** £169/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.5%

*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).*

## Capital growth trend

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

- **5y growth:** -21.6%
- **10y growth:** 26%

## House Price Index (HM Land Registry)

*Official index for Salford; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** -8.8%
- **5y growth (index):** 16.5%
- **10y growth (index):** 66.3%

## 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

Last sold

£150,000

Local average

£201,480 (-0.8%)

Street crime

6 incidents within 1 mile (Jun 2026)

Key features

Maximise Rental Income With This Fully-Managed 1-Bed
Projected 6% Rental Yield
Sleek Design & Contemporary Appliances
5* Facilities Including Rootop Garden
Below Market Value Price
Management Options Available
High Tenant Demand, Great Employment Opportunities
Renowned UK Developer
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Additional details

Garden: Yes

Description

"Luxury Manchester Apartment – 6% Rental Yields | Lucrative Buy to Let Opportunity

A contemporary collection of apartments located close to Manchester city centre and the Salford Quays corridor, offering modern homes in one of the region’s strongest growth locations.

With strong tenant appeal, high-quality interiors, and excellent access to workplaces, leisure, and transport, this development provides an attractive opportunity to invest in prime city-fringe property with 6% projected returns.

This property is available to buy-to-let investors and owner-occupiers.

Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments.

The Investment

This city-fringe opportunity gives investors exposure to a popular rental market serving both city centre professionals and those working in nearby media and business districts.

With 6% projected returns, strong demand for well-located apartments, and optional professional management, it is well suited to those seeking a hands-off investment.

The Location

Situated between Manchester city centre and key destinations such as Salford Quays and MediaCityUK, the development benefits from excellent connectivity by road, tram, and rail.

Residents enjoy quick access to major employment hubs, local parks and waterways, and a growing range of cafes, bars, and everyday amenities, making the location particularly appealing to commuters and young professionals.

The Apartments

Apartments are designed for modern urban living, with a mix of one and two-bedroom layouts that balance comfort and practicality.

Generous living areas, contemporary fitted kitchens, and stylish bathrooms create attractive, low-maintenance homes, while large windows in many units help to maximise natural light and make the most of the surrounding city and skyline views.

The Development

The development forms part of a high-spec residential block in a sought-after regeneration corridor.

Professionally managed communal areas, efficient building systems, and a secure environment contribute to a smooth resident experience, supporting strong occupancy levels.

Key onsite facilities include:

Secure entry system and monitored communal spacesLift access serving the main residential floorsDedicated cycle storage for city commutersWell-presented lobby

Why Invest?

6%+ projected rental returns in a high-demand Manchester city-fringe neighbourhoodStrong appeal to professionals working in the city centre, Salford Quays & MediaCityUKRegeneration-led area with improving amenities, transport links, and public realmModern, high-spec apartments designed for resilient long-term rental demandFully hands-off structure with professional management available to support consistent income

Enquire now to secure your unit and receive a full investment breakdown."

Listed by

London

RW Invest North Ltd

Reference: 92294169

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address	Current	Potential	Floor area	Age band	Type
Apartment 1, Slater House, Woden Street, SALFORD	76	82	41 m²	England and Wales: 2003-2006	Flat
Apartment 10 Slater House, Woden Street, SALFORD	70	75	64 m²	England and Wales: 2003-2006	Flat
Apartment 11 Slater House, Woden Street, SALFORD	73	80	58 m²	England and Wales: 2003-2006	Flat
Apartment 12 Slater House, Woden Street, SALFORD	76	79	42 m²	England and Wales: 2003-2006	Flat
APARTMENT 12A, SLATER HOUSE, WODEN STREET, SALFORD	59	77	42 m²	England and Wales: 2003-2006	Flat
Apartment 14, Slater House, Woden Street, SALFORD	76	86	43 m²	England and Wales: 2003-2006	Flat
Apartment 15 Slater House, Woden Street, SALFORD	78	84	61 m²	England and Wales: 2003-2006	Flat
Apartment 16, Slater House, Woden Street, SALFORD	72	84	61 m²	England and Wales: 2003-2006	Flat
Apartment 17 Slater House, Woden Street, SALFORD	78	87	57 m²	England and Wales: 2007-2011	Flat
APARTMENT 18, SLATER HOUSE, WODEN STREET, SALFORD	78	85	60 m²	England and Wales: 2003-2006	Flat
Apartment 19 Slater House, Woden Street, SALFORD	81	85	60 m²	England and Wales: 2003-2006	Flat
Apartment 19, Slater House, Woden Street, SALFORD	81	85	60 m²	England and Wales: 2003-2006	Flat
Apartment 2, Slater House, Woden Street, SALFORD	73	84	58 m²	England and Wales: 2007-2011	Flat
Apartment 20, Slater House, Woden Street, SALFORD	81	85	60 m²	England and Wales: 2003-2006	Flat
Apartment 21 Slater House, Woden Street, SALFORD	71	82	43 m²	England and Wales: 2003-2006	Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~9,795 m² (2.42 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Listed for sale	—	£199,950	—

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
4 APARTMENT 454 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT	£210,000	09/01/2026	Flat
IMOGEN COURT FLAT 74 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TQ	£85,000	18/12/2025	Flat
9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG	£156,000	28/11/2025	Flat
4 APARTMENT 426 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT	£209,950	28/11/2025	Flat
IRWELL BUILDING APARTMENT 58 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS	£180,000	18/11/2025	Flat
7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE	£143,000	04/11/2025	Flat
THE RIVERSIDE APARTMENT 81 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SU	£255,000	24/10/2025	Flat
RENOLDS HOUSE APARTMENT 40 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB	£80,000	23/10/2025	Flat
IRWELL BUILDING APARTMENT 79 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SS	£188,000	19/09/2025	Flat
3 APARTMENT 312 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GS	£200,000	29/08/2025	Flat
9 APARTMENT 312 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG	£235,000	28/08/2025	Flat
DELANEY BUILDING APARTMENT 54 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SR	£130,000	13/08/2025	Flat
9 APARTMENT 110 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG	£194,000	27/06/2025	Flat
COMMERCE QUAY, 221 APARTMENT 005 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4TT	£300,000	31/03/2025	Flat
7 APARTMENT 119 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD	£152,500	14/02/2025	Flat
BRIDGEWATER POINT APARTMENT 705 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB	£158,000	07/02/2025	Flat
CASSANDRA COURT FLAT 43 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TW	£140,000	20/01/2025	Flat
THE MILL 103 SOUTH HALL STREET, SALFORD, GREATER MANCHESTER, M5 4JH	£230,000	14/10/2024	Flat
5 APARTMENT 521 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GY	£210,000	03/10/2024	Flat
5 APARTMENT 572 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GY	£240,000	15/03/2024	Flat

Area average: £184,823 (20 sales)

Capital growth trend

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

5y growth -21.6%

10y growth 26%

House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of May 2026.

1y (index) -8.8%

5y (index) 16.5%

10y (index) 66.3%

Rental Range

Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,050/mo

Realistic £1,167/mo

Optimistic £1,284/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 4UE

Address

Woden Street

Nearby

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

Type	Name	Distance
Shop	Neofade Studio	0.1 miles
Bus stop	Ordsall Lane/Bricklayers Arms	0.1 miles
Shop	Shop & Go	0.1 miles
Bus stop	Oldfield Road/Robert Hall Street	0.1 miles
Train station	Deansgate	0.7 miles
Train station	Salford Central	0.8 miles
University	Manchester Metropolitan University	1.1 miles
University	Manchester School of Art	1.2 miles
Hospital	Salford Gastric Bypass Surgery	1.5 miles
Hospital	The Ailsa Craig Medical Practise	2.7 miles

Street-level crime

Category	Count
Violence and sexual offences	4
Other theft	1
Theft from the person	1
Total incidents	6

Within 1 mile during Jun 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
Primrose Hill Primary School and Children's Centre	Primary	0.5 miles	Good — 30 Jun 2022
St Joseph's RC Primary School	Primary	0.5 miles	Good — 24 May 2022
Old Trafford Community Academy	Primary	0.6 miles	— (Inspected (no overall grade))
St Philip's CofE Primary School	Primary	0.6 miles	Good — 19 Oct 2023
St Wilfrid's RC Primary School	Primary	0.6 miles	Good — 25 Jun 2023

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 Penthouse, Ordsall Lane, M5	£1,090/mo	1	0.24 miles	OpenRent

Average rent: £1,090/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.55%

Max investor price (0.8%) £136,250

Target investor price (1%) £109,000

Gross yield 6.5%

Cost-to-rent ratio 15.3×

Monthly cashflow £169/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 3.5%

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).

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