For sale Flat

APARTMENT 82

CITY POINT, 156, CHAPEL STREET, SALFORD, SALFORD, GREATER MANCHESTER M3 6ES

2 beds 2 baths Listed 16 Jan 2026 (-292d)

£155,000

Reduced on 10 Sep 2026

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# 2 bedroom apartment for sale (M3 6ES)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 82, CITY POINT, 156, CHAPEL STREET, SALFORD, SALFORD, GREATER MANCHESTER M3 6ES |
| Price | £155,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | B |
| Last sold | £156,000 Aug 2004 |

## Description

**The Building** - Situated in a prime location, this apartment benefits from easy access to local amenities, including shops, restaurants, and public transport links, making it a fantastic base for exploring the wider area. Whether you are commuting to work or enjoying a leisurely day out, you will find everything you need within reach. Salford Station is located 50 yards across the road and Spinningfields is only a stones throw away.

**Kitchen / Lounge** - 4.37 x 4.17 (14'4" x 13'8") - Spacious open plan kitchen / lounge, a range of wall and base units with a complimentary kitchen worktop, integrated oven/hob, extractor fan and dishwasher, electrical power sockets, spot lighting, T.V access point, Juliet balcony.

**Bedroom One** - 2.71 x 3.78 (8'10" x 12'4") - Fitted carpets, spot lighting, fitted wardrobe, double glazed UPVC window, electric heater

**En-Suite** - 1.86 x 1.57 (6'1" x 5'1") - En-closed shower cubicle, shower attachment with mixer, heated towel rail, spot lighting, fitted mirror.

**Bedroom Two** - 3.65 x 3.54 (11'11" x 11'7") - Fitted carpets, spot lighting, fitted wardrobe, double glazed UPVC window, electric heater, access to en-suite.

**Bathroom** - 2.12 x 2.06 (6'11" x 6'9") - Part tiled bathroom, shower attachment, glass shower screen, hand wash basin, low level W.C.

**Externally** - Property comes with an allocated parking space.

**Additional Information** - Service Charges £2275.08p pa

Ground Rent £159.15p pa Review period TBC

Lease 150 Years from 2002

EPC Rating - C

Council Tax Band - B

**Agents Notes** - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

## Property Photos

- ![Photo](/listings/photos/171076853/2675965)
- ![Photo](/listings/photos/171076853/2675966)
- ![Photo](/listings/photos/171076853/2675967)
- ![Photo](/listings/photos/171076853/2675968)
- ![Photo](/listings/photos/171076853/2675969)
- ![Photo](/listings/photos/171076853/2675970)
- ![Photo](/listings/photos/171076853/2675971)
- ![Photo](/listings/photos/171076853/2675972)
- ![Photo](/listings/photos/171076853/2675973)

## Floorplans

- ![Floorplan 1](/listings/photos/171076853/2675974) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/171076853/2675975) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CITY POINT, 156 APARTMENT 82 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ES | £156,000 | 09/08/2004 | Flat |
| CITY POINT, 156 APARTMENT 82 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ES | £139,950 | 21/11/2003 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| FRESH, 138 APARTMENT 712 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6DE | £168,000 | 02/07/2026 | Flat |
| CITY POINT, 156 FLAT 122 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £162,000 | 22/12/2025 | Flat |
| MODEL LODGING HOUSE FLAT 31 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £350,000 | 19/12/2025 | Flat |
| CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £140,000 | 18/12/2025 | Flat |
| CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £140,000 | 18/12/2025 | Flat |
| CITY POINT, 156 FLAT 90 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £165,000 | 18/12/2025 | Flat |
| FRESH, 138 APARTMENT 314 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF | £178,600 | 28/11/2025 | Flat |
| CITY POINT, 156 APARTMENT 203 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU | £236,000 | 28/11/2025 | Flat |
| CITY POINT, 156 APARTMENT 159 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU | £120,000 | 28/11/2025 | Flat |
| 150 FLAT 8 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF | £182,000 | 26/11/2025 | Flat |
| MODEL LODGING HOUSE FLAT 10 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £262,000 | 26/11/2025 | Flat |
| MODEL LODGING HOUSE FLAT 30 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £270,000 | 17/11/2025 | Flat |
| MODEL LODGING HOUSE FLAT 25 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £210,000 | 06/10/2025 | Flat |
| BLOCK D ALTO APARTMENT 12 SILLAVAN WAY, SALFORD, GREATER MANCHESTER, M3 6GF | £270,000 | 30/09/2025 | Flat |
| 239 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5EP | £120,000 | 22/08/2025 | Flat |
| CITY POINT, 156 APARTMENT 185 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU | £220,000 | 22/07/2025 | Flat |
| 96 APARTMENT 3103 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £407,950 | 23/05/2025 | Flat |
| FRESH, 138 APARTMENT 612 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6DE | £150,000 | 14/05/2025 | Flat |
| 96 APARTMENT 2503 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £324,950 | 22/04/2025 | Flat |
| 96 APARTMENT 2401 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £264,950 | 03/04/2025 | Flat |

**Area average:** £217,073 (20 sales)

## Price vs local average

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

- **Local average:** £283,719 (362 Flat, M3, 2024–2026)
- **Deviation:** -45.4%

## Rental Range

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

- **Low:** £1,056/mo
- **Realistic:** £1,173/mo
- **Optimistic:** £1,290/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £873/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 |
|------|------|------|------|------|
| 2 Bed Flat, Model Lodging House Manchester Centr, M3 | £1,495/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Flat, Bloom Street, M3 | £1,700/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Flat, Trinity Edge, M3 | £1,100/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Block D Alto, M3 | £1,200/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Bungalow, Kays Gardens, M3 | £1,500/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, Central Court, M3 | £1,400/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, The Bridge, M3 | £1,250/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Block B, M3 | £1,325/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Block B, M3 | £1,600/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Block B, M3 | £1,330/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Local Blackfriars, M3 | £1,600/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Block B, M3 | £1,700/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Leftbank, M3 | £1,600/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Islington St, M3 | £1,500/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Novella Apartments, M3 | £1,695/mo | 2 | 0.27 miles | OpenRent |

**Average rent: £1,466/mo (15 listings)**

## 1% Rule

- **Rent ratio:** 0.97% (okay)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*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 £1,500/mo).*

- **Gross yield:** 11.6%
- **Cost-to-rent:** 8.6×
- **Monthly cashflow:** £715/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 19.1%

*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:** -18.9%
- **10y growth:** 33.1%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5.9%
- **5y growth (index):** 3.5%
- **10y growth (index):** 52%

## 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

Tenure

LEASEHOLD

Council tax band

Last sold

£156,000 Aug 2004

Local average

£283,719 (-45.4%)

Street crime

2 incidents within 1 mile (Aug 2026)

Key features

Two Bedroom Apartment
2nd Floor
Integrated Apliances
EPC Rating -C
Council Tax - B
Close To Transport Links
Close To Local Ameneties
Parking Included
EWS-1 B1 Rating

Additional details

Electricity: Mains supply
Broadband: ADSL copper wire
Water: Mains supply
Sewerage: Mains supply
Heating: Electric
Parking: Yes
Garden: Yes
Required access: Yes
Flooded in last 5 years: No
Flood defences: No

Description

This 2nd floor two bedroom apartment is located in the popular development City Point II on Chapel Street. Entrance hall and storage with washer/dryer, living/kitchen with juliet balcony and fitted base units with oven/hob, fridge/freezer and dishwasher. Master bedroom has en-suite shower room, 2nd double bedroom and three piece bathroom suite with shower attachment. Property comes with a parking space. Tax Band B. EPC Rating C.

The Building - Situated in a prime location, this apartment benefits from easy access to local amenities, including shops, restaurants, and public transport links, making it a fantastic base for exploring the wider area. Whether you are commuting to work or enjoying a leisurely day out, you will find everything you need within reach. Salford Station is located 50 yards across the road and Spinningfields is only a stones throw away.

Kitchen / Lounge - 4.37 x 4.17 (14'4" x 13'8") - Spacious open plan kitchen / lounge, a range of wall and base units with a complimentary kitchen worktop, integrated oven/hob, extractor fan and dishwasher, electrical power sockets, spot lighting, T.V access point, Juliet balcony.

Bedroom One - 2.71 x 3.78 (8'10" x 12'4") - Fitted carpets, spot lighting, fitted wardrobe, double glazed UPVC window, electric heater

En-Suite - 1.86 x 1.57 (6'1" x 5'1") - En-closed shower cubicle, shower attachment with mixer, heated towel rail, spot lighting, fitted mirror.

Bedroom Two - 3.65 x 3.54 (11'11" x 11'7") - Fitted carpets, spot lighting, fitted wardrobe, double glazed UPVC window, electric heater, access to en-suite.

Bathroom - 2.12 x 2.06 (6'11" x 6'9") - Part tiled bathroom, shower attachment, glass shower screen, hand wash basin, low level W.C.

Externally - Property comes with an allocated parking space.

Additional Information - Service Charges £2275.08p pa
Ground Rent £159.15p pa Review period TBC
Lease 150 Years from 2002
EPC Rating - C
Council Tax Band - B

Agents Notes - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

Listed by

Manchester

Jordan Fishwick

Reference: 171076853

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): ~1,089 m² (0.27 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

EPC Graphs

EE Rating

Price history

11% since 2003

Event	Date	Price	% change
Listed for sale	—	£155,000	-0.6%
Sold	09/08/2004 (22 years ago)	£156,000	+11.5%
Sold	21/11/2003 (22 years ago)	£139,950	—

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
FRESH, 138 APARTMENT 712 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6DE	£168,000	02/07/2026	Flat
CITY POINT, 156 FLAT 122 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£162,000	22/12/2025	Flat
MODEL LODGING HOUSE FLAT 31 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£350,000	19/12/2025	Flat
CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£140,000	18/12/2025	Flat
CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£140,000	18/12/2025	Flat
CITY POINT, 156 FLAT 90 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£165,000	18/12/2025	Flat
FRESH, 138 APARTMENT 314 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF	£178,600	28/11/2025	Flat
CITY POINT, 156 APARTMENT 203 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU	£236,000	28/11/2025	Flat
CITY POINT, 156 APARTMENT 159 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU	£120,000	28/11/2025	Flat
150 FLAT 8 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF	£182,000	26/11/2025	Flat
MODEL LODGING HOUSE FLAT 10 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£262,000	26/11/2025	Flat
MODEL LODGING HOUSE FLAT 30 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£270,000	17/11/2025	Flat
MODEL LODGING HOUSE FLAT 25 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£210,000	06/10/2025	Flat
BLOCK D ALTO APARTMENT 12 SILLAVAN WAY, SALFORD, GREATER MANCHESTER, M3 6GF	£270,000	30/09/2025	Flat
239 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5EP	£120,000	22/08/2025	Flat
CITY POINT, 156 APARTMENT 185 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU	£220,000	22/07/2025	Flat
96 APARTMENT 3103 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£407,950	23/05/2025	Flat
FRESH, 138 APARTMENT 612 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6DE	£150,000	14/05/2025	Flat
96 APARTMENT 2503 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£324,950	22/04/2025	Flat
96 APARTMENT 2401 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£264,950	03/04/2025	Flat

Area average: £217,073 (20 sales)

Capital growth trend

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

5y growth -18.9%

10y growth 33.1%

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

1y (index) -5.9%

5y (index) 3.5%

10y (index) 52%

Rental Range

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

Low £1,056/mo

Realistic £1,173/mo

Optimistic £1,290/mo

Based on Local Authority from postcode lookup → Salford.

LHA (30th percentile) floor for Central Greater Manchester: £873/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 6ES

Address

197 Chapel Street

Nearby

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

Type	Name	Distance
Bus stop	Chapel Street/Trinity Way	0.0 miles
Bus stop	GORE Street/Salford Central Station	0.0 miles
Train station	Salford Central	0.1 miles
Shop	Chapel Convenience Store	0.1 miles
Shop	Manchester Bikes	0.1 miles
University	UCEN Manchester (City Campus)	0.6 miles
Train station	Manchester Victoria	0.6 miles
University	University of Law	0.7 miles
Hospital	Salford Gastric Bypass Surgery	1.6 miles
Hospital	The Ailsa Craig Medical Practise	2.8 miles

Street-level crime

Category	Count
Criminal damage and arson	1
Violence and sexual offences	1
Total incidents	2

Within 1 mile during Aug 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
The Cathedral School of St Peter and St John RC Primary	Primary	0.3 miles	Good — 10 Jul 2022
St Philip's CofE Primary School	Primary	0.3 miles	Good — 19 Oct 2023
The Friars Primary School	Primary	0.4 miles	Good — 24 Apr 2024
Abbey College Manchester	Other	0.5 miles	— (No rating)
Chetham's School of Music	Other	0.5 miles	— (No rating)

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 Flat, Model Lodging House Manchester Centr, M3	£1,495/mo	2	0.04 miles	OpenRent
2 Bed Flat, Bloom Street, M3	£1,700/mo	2	0.04 miles	OpenRent
2 Bed Flat, Trinity Edge, M3	£1,100/mo	2	0.07 miles	OpenRent
2 Bed Flat, Block D Alto, M3	£1,200/mo	2	0.09 miles	OpenRent
2 Bed Bungalow, Kays Gardens, M3	£1,500/mo	2	0.16 miles	OpenRent
2 Bed Flat, Central Court, M3	£1,400/mo	2	0.17 miles	OpenRent
2 Bed Flat, The Bridge, M3	£1,250/mo	2	0.17 miles	OpenRent
2 Bed Flat, Block B, M3	£1,325/mo	2	0.19 miles	OpenRent
2 Bed Flat, Block B, M3	£1,600/mo	2	0.19 miles	OpenRent
2 Bed Flat, Block B, M3	£1,330/mo	2	0.2 miles	OpenRent
2 Bed Flat, Local Blackfriars, M3	£1,600/mo	2	0.2 miles	OpenRent
2 Bed Flat, Block B, M3	£1,700/mo	2	0.2 miles	OpenRent
2 Bed Flat, Leftbank, M3	£1,600/mo	2	0.21 miles	OpenRent
2 Bed Flat, Islington St, M3	£1,500/mo	2	0.21 miles	OpenRent
2 Bed Flat, Novella Apartments, M3	£1,695/mo	2	0.27 miles	OpenRent

Average rent: £1,466/mo (15 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.97%

Max investor price (0.8%) £187,500

Target investor price (1%) £150,000

Gross yield 11.6%

Cost-to-rent ratio 8.6×

Monthly cashflow £715/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 19.1%

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).