Sold STC Flat

78 LANCASTER ROAD

SALFORD, GREATER MANCHESTER M6 8AW

2 beds 1 baths 592 sq ft Listed 14 Nov 2024 (-557d)

£150,000

Offers in Excess of

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Property details

Tenure

LEASEHOLD (967 years remaining on lease)

Floor area

55 m²

Council tax band

B

EPC rating

B

Year built

England and Wales: 2003-2006

Last sold

£160,000 Mar 2025

Price per m²

£2,727/m²

Local average

£129,118 (+16.2%)

Deprivation

Decile 5 (13,525 of 33,755)

Street crime

0 incidents within 1 mile (Mar 2026)

Key features

  • Immaculately Presented, Two Bedroom Apartment
  • Located on the First Floor
  • Spacious Lounge Diner
  • Two Generously-Sized Bedrooms
  • Stylish Three-Piece Shower Room
  • Just a Short Walk from Salford Royal Hospital
  • Close to Excellent Transport Links into Salford Quays, Media City and Manchester City Centre
  • Ideal First Time Home or Investment
  • Viewing is Highly Recommended!

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Parking
Yes
Restrictions
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

**WITHIN WALKING DISTANCE OF SALFORD ROYAL HOSPITAL** Take a look at this IMMACULATELY PRESENTED, two bedroom first floor apartment! Boasting spacious rooms and a popular location – viewing is highly recommended!
As you enter the property you head into a welcoming entrance hallway. From here, you will find two spacious bedrooms, a stylish three-piece shower room and a large lounge diner. The lounge diner also provides access to the fitted kitchen.
Externally, there is parking available, along with beautifully maintained communal gardens and secure intercom access.
Properties in this location are popular due to the close vicinity to Salford Royal Hospital and excellent transport links into Salford Quays, Media City and Manchester City Centre.
Get in touch to secure your viewing today!
EPC Rating: B

Listed by

Eccles

Hills Property Solutions

Reference: 154961636

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 15/11/2024

Current heating cost: £222/year

Potential heating cost: £175/year

Est. upgrade cost to C: £1,500

Recommendations

  • High heat retention storage heaters (£1,200 - £1,800)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #4434168

Property Details

Street: 78 Lancaster Road

Town: SALFORD

Postcode: M6 8AW

Installation Details

Items: 4 windows

Certificate Issued: 29/01/2007

Work Completed: 12/07/2005

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 20/03/2025 (1 year ago) £160,000

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
OAK COURT FLAT 3 HAYFIELD ROAD, SALFORD, GREATER MANCHESTER, M6 8QA £112,000 08/12/2025 Flat
ST. JAMES COURT FLAT 29 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £145,000 21/11/2025 Flat
Same street 118 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £221,500 17/10/2025 Semi-detached
ST. JAMES COURT FLAT 31 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £110,000 14/12/2023 Flat
ST. JAMES COURT FLAT 9 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £110,000 17/11/2023 Flat
12 GUILDFORD ROAD, SALFORD, GREATER MANCHESTER, M6 8PT £210,000 31/10/2023 Flat
ST. JAMES COURT FLAT 15 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £120,500 30/06/2023 Flat
ST. JAMES COURT FLAT 7 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £135,000 09/12/2022 Flat
ST JAMES COURT FLAT 1 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £102,500 02/12/2022 Flat
OAK COURT FLAT 6 HAYFIELD ROAD, SALFORD, GREATER MANCHESTER, M6 8QA £87,500 14/10/2022 Flat
Same street 68 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £138,000 12/10/2022 Flat
Same street 96 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £135,000 28/07/2022 Flat
Same street 72 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £140,000 04/07/2022 Flat
Same street 116 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £230,000 04/07/2022 Semi-detached
Same street 62 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £125,000 04/03/2022 Flat
LAUREL HOUSE FLAT 6 LIGHT OAKS ROAD, SALFORD, GREATER MANCHESTER, M6 8NQ £140,000 04/03/2022 Flat
ST. JAMES COURT FLAT 20 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £100,000 01/03/2022 Flat
OAK COURT FLAT 4 HAYFIELD ROAD, SALFORD, GREATER MANCHESTER, M6 8QA £80,000 12/11/2021 Flat
ST. JAMES COURT FLAT 17 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £140,000 27/08/2021 Flat
Same street 70 LANCASTER ROAD, SALFORD, GREATER MANCHESTER, M6 8AW £124,000 29/07/2021 Flat
ST JAMES COURT FLAT 34 VOLTAIRE AVENUE, SALFORD, GREATER MANCHESTER, M6 8EH £130,000 18/06/2021 Flat

Street average: £159,071 (7 sales)

Area average: £123,036 (14 sales)

Capital growth trend

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

5y growth 35.9%
10y growth 40.6%

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

1y (index) -1.1%
5y (index) 16.4%
10y (index) 72.2%

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 Bolton and Bury: £573/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Lancaster Road/Heathfields 0.0 miles
Bus stop Lancaster Road/Cholmondley Road 0.0 miles
Hospital Oaklands Hospital 0.1 miles
Shop Best-one 0.2 miles
Shop Martins 0.4 miles
Hospital Salford Royal Hospital 0.4 miles
Train station Eccles 0.8 miles
Train station Patricroft 1.6 miles
University University of Salford 1.7 miles
University University of Salford Main Campus;University of Salford Frederick Road Campus 1.7 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Mar 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
Light Oaks Junior School Primary 0.2 miles (Inspected (no overall grade))
Light Oaks Infant School Primary 0.2 miles Good — 6 Jun 2012
All Hallows RC High School Secondary 0.3 miles Good — 11 Dec 2013
St Luke's CofE Primary School Primary 0.5 miles Requires improvement — 8 Jul 2024
St Luke's RC Primary School Primary 0.6 miles Good — 18 Jun 2012

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
2 Bed Terraced House, Helena St, M6 £1,100/mo 2 0.57 miles OpenRent
2 Bed Detached House, Victoria Cresent, M30 £1,295/mo 2 0.58 miles OpenRent
2 Bed Flat, Ladywell Point, M50 £1,100/mo 2 0.75 miles OpenRent
2 Bed End Terrace, Fairfield St, M6 £1,425/mo 2 0.79 miles OpenRent

Average rent: £1,230/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.8%
Max investor price (0.8%) £149,750
Target investor price (1%) £119,800
Gross yield 9.6%
Cost-to-rent ratio 10.4×
Monthly cashflow £462/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 12.8%
  • 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).