For sale Flat

Apartment 302

BRIDGEWATER GATE, WODEN STREET, SALFORD, GREATER MANCHESTER M5 4SG

1 beds 1 baths Listed 10 Oct 2025 (-286d)

£70,000

Guide Price

Reduced on 15 Jul 2026 · Was £80,000

Save

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD (241 years remaining on lease)

Council tax band

C

Last sold

£136,500 Mar 2021

Local average

£198,265 (-64.7%)

Deprivation

Decile 3 (7,322 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

  • One Bedroom Apartment
  • CASH BUYERS ONLY
  • Close to Local Amenities
  • Integrated kitchen appliances
  • EPC Rating-B
  • Council Tax Rating- C
  • Concierge
  • Close to Cornbrook Metrolink
  • 8.15% Rental Yield
  • Modern Method Of Auction

Additional details

Electricity
Mains supply
Broadband
ADSL copper wire
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Flooded in last 5 years
No
Flood defences
No

Description

*AVAILABLE VIA MODERN AUCTION.* Auction date - LIVE
CASH BUYERS ONLY
Welcome to this charming One-bedroom apartment on the third floor which is located in the desirable area of Bridgewater Gate, Woden Street, Salford.
Upon entering, you will find a well-appointed reception room, the apartment features one spacious bedroom, designed to be a peaceful retreat, ensuring a restful night’s sleep. The bathroom is thoughtfully designed, offering both functionality and style. The kitchen includes integrated appliances such as, fridge / freezer, oven/hob and extractor fan. The property benefits from being close to local amenities such as regent retail park and local transport links.

This property is also perfect for investors as it has a rental yield of 8.15%

Auctioneers Comments - This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

The Building - The location of this apartment is particularly appealing, as it is situated in a vibrant community with easy access to local amenities, including shops, restaurants, and parks. Salford is known for its excellent transport links, making it simple to commute to nearby cities, including Manchester, which is just a short distance away.

This property is an excellent opportunity for those looking to embrace a contemporary lifestyle in a thriving area. With its modern features and prime location, this apartment is sure to attract interest. Do not miss the chance to make this lovely space your new home.

Hallway - The entrance hall leads to all rooms with storage and storage cupboard housing the hot water heater.

Lounge / Kitchen - 4.9 x 4 (16'0" x 13'1") - The lounge has fitted carpets as well as a floor to ceiling window, electric heater as well as TV access point. The kitchen includes integrated appliances, fridge/freezer, oven / hob and extractor fan.

Master Bedroom - 3.6 x 2.6 (11'9" x 8'6") - Fitted carpets, electric heater, floor to ceiling window, spotlighting.

Externally - Concierge. Rooftop Communal area.

Additional Information - Service Charge - £2,560.00
Ground Rent - £240.00
Council Tax - C
EPC- 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: 168077240

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 10 Bridgewater Gate, Woden Street, SALFORD 83 83 55 m² Flat
Apartment 105, Bridgewater Gate, Woden Street, SALFORD 75 86 73 m² England and Wales: 2003-2006 Flat
Apartment 2 Bridgewater Gate, Woden Street, SALFORD 76 76 47 m² Flat
Apartment 20 Bridgewater Gate, Woden Street, SALFORD 82 82 47 m² Flat
Apartment 202, Bridgewater Gate, Woden Street, SALFORD 74 86 44 m² England and Wales: 2012 onwards Flat
Apartment 21 Bridgewater Gate, Woden Street, SALFORD 82 82 40 m² Flat
Apartment 27 Bridgewater Gate, Woden Street, SALFORD 84 84 40 m² Flat
Apartment 3 Bridgewater Gate, Woden Street, SALFORD 78 78 40 m² Flat
Apartment 30 Bridgewater Gate, Woden Street, SALFORD 82 82 40 m² Flat
Apartment 304 Bridgewater Gate, Woden Street, SALFORD 81 86 47 m² England and Wales: 2007-2011 Flat
Apartment 306 Bridgewater Gate, Woden Street, SALFORD 78 88 50 m² England and Wales: 2007-2011 Flat
Apartment 36 Bridgewater Gate, Woden Street, SALFORD 84 84 40 m² Flat
Apartment 37 Bridgewater Gate, Woden Street, SALFORD 80 80 62 m² Flat
Apartment 401, Bridgewater Gate, Woden Street, SALFORD 75 82 65 m² England and Wales: 2003-2006 Flat
Apartment 408 Bridgewater Gate, Woden Street, SALFORD 66 77 67 m² England and Wales: 2012 onwards Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Listed for sale £70,000 -48.7%
Sold 02/03/2021 (5 years ago) £136,500

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
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
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
ROSALIND COURT FLAT 144 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TG £130,000 12/09/2025 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
ROSALIND COURT FLAT 149 ASGARD DRIVE, SALFORD, GREATER MANCHESTER, M5 4TG £125,000 26/11/2024 Flat
THE MILL 103 SOUTH HALL STREET, SALFORD, GREATER MANCHESTER, M5 4JH £230,000 14/10/2024 Flat
7 APARTMENT 122 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD £177,000 15/12/2023 Flat
RENOLDS HOUSE APARTMENT 19 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB £153,000 01/12/2023 Flat
9 APARTMENT 506 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG £207,000 07/11/2023 Flat

Area average: £170,925 (20 sales)

Capital growth trend

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

5y growth -11.2%
10y growth 31.2%

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

1y (index) -5%
5y (index) 17.3%
10y (index) 75%

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 Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)

Location

Address

Ordsall Lane

Nearby

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

Type Name Distance
Shop Shop & Go 0.0 miles
Shop Ordsall Ln Barbers 0.0 miles
Bus stop Ordsall Lane/Bricklayers Arms 0.0 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 University of Salford 1.2 miles
Hospital Salford Gastric Bypass Surgery 1.4 miles
Hospital The Ailsa Craig Medical Practise 2.8 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during May 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 0.4 miles Good — 30 Jun 2022
St Joseph's RC Primary School Primary 0.5 miles Good — 24 May 2022
St Philip's CofE Primary School Primary 0.6 miles Good — 19 Oct 2023
Old Trafford Community Academy Primary 0.6 miles (Inspected (no overall grade))
Oasis Academy MediaCityUK Secondary 0.7 miles Good — 1 Jul 2016

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, Ordsall Lane, M5 £950/mo 1 0.22 miles OpenRent
1 Bed Flat, Kelso Place, M15 £1,200/mo 1 0.22 miles OpenRent

Average rent: £1,075/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.54%
Max investor price (0.8%) £134,375
Target investor price (1%) £107,500
Gross yield 18.4%
Cost-to-rent ratio 5.4×
Monthly cashflow £667/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 39.4%
  • 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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