# 1 bedroom apartment for sale (M3 7NB)

## Property Details

| Key | Value |
|-----|-------|
| Address | Bankside, Manchester, M3 7NB |
| Price | £310,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £279,675 |

## Description

Perched on the 41st floor, this exceptional one-bedroom apartment is among the highest residential homes in Manchester, commanding spectacular south-facing views across the city skyline. By day, enjoy an ever-changing urban panorama; by night, watch Manchester come alive in a dazzling display of lights.

Situated within the prestigious Bankside at Colliers Yard development, this beautifully appointed apartment combines contemporary design with effortless comfort. The open-plan living space is enhanced by elegant herringbone flooring and expansive floor-to-ceiling windows, filling the home with natural light and creating an impressive sense of space. The sleek, fully integrated kitchen is perfectly suited to both everyday living and entertaining.

The generous double bedroom provides a peaceful retreat above the city, complete with soft grey carpeting and a calming, sophisticated finish. The stylish bathroom features striking black fittings, a deep steel bath, and luxurious marble-effect gloss tiling, offering a spa-like space to relax and unwind.

Residents of Bankside enjoy access to an outstanding collection of lifestyle amenities. These include a state-of-the-art fitness suite and yoga studio, bookable work pods ideal for remote working, private meeting spaces, and a dedicated dog spa. For entertaining, the private dining room and riverside outdoor BBQ terrace provide the perfect setting for hosting friends and family.

Offering elevated living in one of Manchester's most sought-after new developments, this remarkable apartment presents a rare opportunity to experience luxury city-centre living at its finest.

## Property Photos

- ![P1888038.jpg](/listings/photos/89373498/737229) - P1888038.jpg
- ![P1888034.jpg](/listings/photos/89373498/737230) - P1888034.jpg
- ![P1888028.jpg](/listings/photos/89373498/737231) - P1888028.jpg
- ![P1888037.jpg](/listings/photos/89373498/737232) - P1888037.jpg
- ![P1888057.jpg](/listings/photos/89373498/737233) - P1888057.jpg
- ![P1888029.jpg](/listings/photos/89373498/737234) - P1888029.jpg
- ![4109.jpg](/listings/photos/89373498/737235) - 4109.jpg
- ![P1888076.jpg](/listings/photos/89373498/737236) - P1888076.jpg
- ![P1888074.jpg](/listings/photos/89373498/737237) - P1888074.jpg
- ![Bankside The Works - First Floor  Co working space](/listings/photos/89373498/737238) - Bankside The Works - First Floor  Co working space
- ![P1888073.jpg](/listings/photos/89373498/737239) - P1888073.jpg
- ![Bankside - Ground Floor Residents Lounge.jpg](/listings/photos/89373498/737240) - Bankside - Ground Floor Residents Lounge.jpg
- ![Bankside- The Studio - Instagram Pods Games Room B](/listings/photos/89373498/737241) - Bankside- The Studio - Instagram Pods Games Room B
- ![Bankside - First Floor - Multi use space - suite .](/listings/photos/89373498/737242) - Bankside - First Floor - Multi use space - suite .
- ![P1888070.jpg](/listings/photos/89373498/737243) - P1888070.jpg
- ![P1888069.jpg](/listings/photos/89373498/737244) - P1888069.jpg
- ![P1888068.jpg](/listings/photos/89373498/737245) - P1888068.jpg
- ![P1888077.jpg](/listings/photos/89373498/737246) - P1888077.jpg
- ![P1888079.jpg](/listings/photos/89373498/737247) - P1888079.jpg

## Floorplans

- ![Floorplan.png](/listings/photos/89373498/737248) - Floorplan.png

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| ABITO, 85 APARTMENT 627 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £120,000 | 19/12/2025 | Flat |
| ABITO, 85 APARTMENT 204 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £115,000 | 17/12/2025 | Flat |
| ABITO, 85 APARTMENT 111 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 16/12/2025 | Flat |
| ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 10/12/2025 | Flat |
| ABITO, 85 APARTMENT 828 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £115,000 | 08/12/2025 | Flat |
| ABITO, 85 APARTMENT 601 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £146,000 | 16/07/2025 | Flat |
| ABITO, 85 APARTMENT 716 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £110,000 | 07/02/2025 | Flat |
| ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £94,000 | 25/11/2024 | Flat |
| ABITO, 85 APARTMENT 322 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 30/07/2024 | Flat |
| BLOCK 9 SPECTRUM APARTMENT 480 BLACKFRIARS ROAD, SALFORD, GREATER MANCHESTER, M3 7DZ | £155,000 | 14/12/2023 | Flat |
| ABITO, 85 APARTMENT 820 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £145,000 | 20/10/2023 | Flat |
| ABITO, 85 APARTMENT 714 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £140,000 | 06/10/2023 | Flat |
| ABITO, 85 APARTMENT 414 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £133,000 | 22/09/2023 | Flat |
| ABITO, 85 APARTMENT 620 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £138,000 | 21/08/2023 | Flat |
| ABITO, 85 APARTMENT 320 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £147,000 | 18/08/2023 | Flat |
| ABITO, 85 APARTMENT 411 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £100,000 | 21/06/2023 | Flat |
| ABITO, 85 APARTMENT 319 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £119,000 | 16/06/2023 | Flat |
| ABITO, 85 APARTMENT 530 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £115,000 | 06/04/2023 | Flat |
| ABITO, 85 APARTMENT 229 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 28/03/2023 | Flat |
| ABITO, 85 APARTMENT 609 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £109,000 | 01/03/2023 | Flat |

**Area average:** £122,050 (20 sales)

## Price vs local average

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

- **Local average:** £285,168 (345 Flat, M3, 2024–2026)
- **Deviation:** +8.7%

## 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 |
|------|------|------|------|------|
| 1 Bed Flat, Block A, M3 | £1,200/mo | 1 | 0.16 miles | OpenRent |

**Average rent: £1,200/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.39% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*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 £1,200/mo).*

- **Gross yield:** 4.6%
- **Cost-to-rent:** 21.5×
- **Monthly cashflow:** £-166/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.2%

*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:** 6.9%
- **10y growth:** 25.9%

## 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)