# 1 bedroom flat for sale (M50 2EQ) ## Property Details | Key | Value | |-----|-------| | Address | Buy to let investment opportunity, M50 2EQ | | Price | £150,000 | | Bedrooms | 1 | ## Description Located within one of the UK's fastest-growing residential and investment hotspots. Set within beautifully landscaped public realm spaces, residents will enjoy waterside cafés, restaurants, retail units and vibrant communal areas right on the doorstep. 1 & 2 bedroom luxury apartments Floor-to-ceiling windows with stunning quayside & city views Contemporary open-plan layouts High-specification kitchens & bathrooms Designed for modern professional living Excellent rental potential Many apartments benefit from panoramic views across Salford Quays and towards Manchester city centre. Resident Facilities State-of-the-art residents' gym Private cinema room Landscaped communal spaces On-site retail & leisure units Location Situated in the heart of MediaCityUK - home to major international businesses including the BBC, ITV and the University of Salford - Harbour City is perfectly suited to professionals working in digital, media, tech and creative sectors. Walking distance to: MediaCityUK The Lowry Theatre & Mall Old Trafford Metrolink access (adjacent station): Manchester City Centre - approx. 8 minutes Manchester Piccadilly - approx. 22 minutes Driving distance: Trafford Centre - 4 minutes Manchester Airport - 20 minutes Liverpool - 45 minutes Excellent connectivity makes this development ideal for both owner-occupiers and investors. Investment Highlights Located in one of the UK's strongest rental markets Situated within Peel's £1bn MediaCityUK expansion masterplan Developed by award-winning North West developer X1 Strong tenant demand in completed neighbouring towers Part of a 1,100-unit landmark four-tower scheme Why Buy Here? Prime waterfront location Established and thriving community Excellent transport links Premium on-site amenities High rental demand area Iconic skyline development ## Property Photos - ![Photo](/listings/photos/87661425/82991) - ![Photo](/listings/photos/87661425/82992) - ![Photo](/listings/photos/87661425/82993) ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | N V BUILDING, 100 APARTMENT 229 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BE | £164,995 | 15/12/2025 | Flat | | N V BUILDING, 100 APARTMENT 236 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BE | £372,000 | 05/12/2025 | Flat | | IMPERIAL POINT APARTMENT 911 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3RB | £275,000 | 03/12/2025 | Flat | | THE HEART APARTMENT 2001 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2TH | £148,000 | 24/11/2025 | Flat | | LIGHTBOX APARTMENT 1703 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AF | £275,000 | 14/10/2025 | Flat | | N V BUILDING, 96 APARTMENT 68 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £365,000 | 29/08/2025 | Flat | | N V BUILDING, 96 APARTMENT 34 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £330,000 | 28/08/2025 | Flat | | N V BUILDING, 98 APARTMENT 153 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BD | £295,000 | 27/06/2025 | Flat | | N V BUILDING, 96 APARTMENT 9 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £278,000 | 22/05/2025 | Flat | | NUMBER ONE APARTMENT 1509 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BB | £187,950 | 28/03/2025 | Flat | | MICHIGAN POINT TOWER D, 18 APARTMENT 1207 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £157,995 | 09/01/2024 | Flat | | MICHIGAN POINT TOWER D, 18 APARTMENT 1404 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £331,000 | 15/12/2023 | Flat | | MICHIGAN POINT TOWER D, 18 APARTMENT 1109 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £244,495 | 14/12/2023 | Flat | | MICHIGAN POINT TOWER D, 18 APARTMENT 1601 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £218,495 | 14/12/2023 | Flat | | NUMBER ONE APARTMENT 1802 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BB | £120,000 | 27/11/2023 | Flat | | N V BUILDING, 98 APARTMENT 118 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BD | £210,000 | 02/11/2023 | Flat | | N V BUILDING, 100 APARTMENT 207 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BE | £208,000 | 31/10/2023 | Flat | | NUMBER ONE APARTMENT 1313 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BA | £266,000 | 31/10/2023 | Flat | | LIGHTBOX APARTMENT 907 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AE | £370,000 | 20/10/2023 | Flat | | LIGHTBOX APARTMENT 1812 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AF | £199,500 | 16/10/2023 | Flat | **Area average:** £250,822 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £204,425 (51 Flat, M50, 2024–2026) - **Deviation:** -26.6% ## 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 ## 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 | |------|------|------|------|------| | Studio Flat, Michigan Point Tower B, M50 | £800/mo | 1 | 0.26 miles | OpenRent | **Average rent: £800/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.53% (weak for cashflow) - **Max investor price (0.8%):** £100,000 - **Target investor price (1%):** £80,000 *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 £800/mo).* - **Gross yield:** 6.4% - **Cost-to-rent:** 15.6× - **Monthly cashflow:** £104/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 2.9% *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:** 7.2% - **10y growth:** 52.1% ## 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)