# 2 bedroom flat for sale (M5 4UT)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 55, REDMIRES COURT, ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER M5 4UT |
| Price | £115,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 55 m² |
| Last sold | £98,000 Jul 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 18/12/2026
- **Current heating cost:** £394/year
- **Est. upgrade cost to C:** £15,020

### Recommendations
- B (£500 - £1,500)
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- E (£20)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9046-2891-7921-9096-7865)

## Description

This spacious, ground floor two-bedroom apartment is located in the highly desirable Redmires Court development on Eccles New Road, Salford, M5 4UT. Perfectly suited for first-time buyers, professionals, or buy-to-let investors, this leasehold property combines comfortable living spaces with excellent development amenities and prime transport links. Two Double Bedrooms: Bright, well-proportioned rooms offering plenty of space for storage.Large Lounge/Diner: A spacious, welcoming reception area ideal for relaxing and entertaining.Fitted Kitchen & Bathroom: A separate, practical kitchen space alongside a three-piece family bathroom suite.On-Site Residents' Gym: Exclusive access to the development's private fitness facilities.Communal Gardens & Parking: Features beautifully maintained, landscaped grounds and secure resident parking.Excellent Infrastructure: Benefits from gas central heating and double glazing throughout.

EPC C

Leasehold 125 years from 1 October 1987 Lease extention applied for.

Serice Charge £1558,36 PA to Stevenson Whyte

## Property Photos

- ![Picture No. 03](/listings/photos/92335251/2088184) - Picture No. 03
- ![Picture No. 02](/listings/photos/92335251/2088185) - Picture No. 02

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/92335251/2088186) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| REDMIRES COURT FLAT 55 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £98,000 | 17/07/2019 | Flat |
| REDMIRES COURT FLAT 55 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £88,500 | 10/03/2017 | 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 |
|---------|-------|------|------|
| MELMERBY COURT FLAT 103 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UQ | £140,000 | 14/10/2025 | Flat |
| SILKBANK WHARF, 21 APARTMENT 409 DERWENT STREET, SALFORD, GREATER MANCHESTER, M5 4EP | £328,913 | 21/06/2024 | Flat |
| SILKBANK WHARF, 21 APARTMENT 607 DERWENT STREET, SALFORD, GREATER MANCHESTER, M5 4EP | £208,750 | 17/04/2024 | Flat |
| MELMERBY COURT FLAT 95 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UQ | £135,000 | 20/10/2023 | Flat |
| MELMERBY COURT FLAT 15 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UG | £132,000 | 06/10/2023 | Flat |
| MELMERBY COURT FLAT 11 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UG | £150,000 | 25/08/2023 | Flat |
| [Same street] REDMIRES COURT FLAT 92 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £135,000 | 23/06/2023 | Flat |
| REDMIRES COURT FLAT 34 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4US | £135,000 | 05/06/2023 | Flat |
| MELMERBY COURT FLAT 37 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UG | £137,500 | 19/05/2023 | Flat |
| [Same street] REDMIRES COURT FLAT 81 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £119,000 | 24/04/2023 | Flat |
| MELMERBY COURT FLAT 61 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UP | £140,000 | 27/01/2023 | Flat |
| MELMERBY COURT FLAT 36 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UG | £136,000 | 19/12/2022 | Flat |
| MELMERBY COURT FLAT 72 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UP | £155,000 | 16/12/2022 | Flat |
| MELMERBY COURT FLAT 114 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UQ | £149,000 | 14/10/2022 | Flat |
| [Same street] REDMIRES COURT FLAT 102 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £130,000 | 07/10/2022 | Flat |
| REDMIRES COURT FLAT 14 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4US | £110,000 | 13/09/2022 | Flat |
| CARTHORPE ARCH FLAT 33 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UR | £142,000 | 19/08/2022 | Flat |
| REDMIRES COURT FLAT 22 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4US | £90,500 | 12/08/2022 | Flat |
| MELMERBY COURT FLAT 96 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UQ | £123,000 | 12/08/2022 | Flat |
| MELMERBY COURT FLAT 127 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UQ | £126,500 | 08/07/2022 | Flat |
| REDMIRES COURT FLAT 39 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4US | £136,800 | 17/06/2022 | Flat |
| [Same street] REDMIRES COURT FLAT 59 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £111,000 | 19/05/2022 | Flat |
| REDMIRES COURT FLAT 38 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4US | £112,500 | 19/04/2022 | Flat |
| REDMIRES COURT FLAT 2 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4US | £140,000 | 24/03/2022 | Flat |
| [Same street] REDMIRES COURT FLAT 75 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £105,000 | 18/03/2022 | Flat |
| [Same street] REDMIRES COURT FLAT 133 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £110,000 | 11/02/2022 | Flat |
| [Same street] REDMIRES COURT FLAT 99 ECCLES NEW ROAD, SALFORD, GREATER MANCHESTER, M5 4UT | £115,000 | 12/11/2021 | Flat |

**Street average:** £117,857 (7 sales)
**Area average:** £146,423 (20 sales)

## Price vs local average

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

- **Local average:** £201,480 (80 Flat, M5, 2024–2026)
- **Deviation:** -42.9%

## 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):** £549/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, Redmires Court, M5 | £1,044/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Flat, Melmerby Court, M5 | £1,075/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Flat, Kielder Square, M5 | £999/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Kielder Square, M5 | £1,200/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Terraced House, Fitzwarren Street, M6 | £1,200/mo | 2 | 0.31 miles | OpenRent |
| 2 Bed Flat, The Interchange, M5 | £1,150/mo | 2 | 0.32 miles | OpenRent |
| 2 Bed Terraced House, Reservoir Street, M6 | £1,350/mo | 2 | 0.4 miles | OpenRent |
| 2 Bed Terraced House, Reservoir Street, M6 | £1,250/mo | 2 | 0.42 miles | OpenRent |

**Average rent: £1,159/mo (8 listings)**

## 1% Rule

- **Rent ratio:** 1.02% (strong)
- **Max investor price (0.8%):** £146,875
- **Target investor price (1%):** £117,500

*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 £1,175/mo).*

- **Gross yield:** 12.3%
- **Cost-to-rent:** 8.2×
- **Monthly cashflow:** £580/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 20.9%

*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).*

## Price per Square Metre

- **£/m²:** £2,091/m²

## Capital growth trend

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

- **5y growth:** -21.2%
- **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)