Sold Flat

Apartment 412

COMMERCE QUAY, 221, ORDSALL LANE, SALFORD, GREATER MANCHESTER M5 4WD

3 beds 3 baths 926 sq ft Listed 27 Nov 2025 (-202d)

£550,000

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# 3 bedroom apartment for sale (M5 4WD)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 412, COMMERCE QUAY, 221, ORDSALL LANE, SALFORD, GREATER MANCHESTER M5 4WD |
| Price | £550,000 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Floor area | 86 m² |
| Last sold | £263,000 Sep 2024 |

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Immediate Rental Income from Day 1!

DESCRIPTION

Residents can enjoy luxury living in this south-facing apartment, boasting a walk-in wardrobe and high-end finishes.

This exceptional property is situated in a historic location, once a bustling dyeworks renowned for producing world-class fabrics. Now a thriving residential area undergoing significant investment and regeneration, the development offers much-needed high-quality homes. Its prime location, within easy reach of MediaCityUK, Deansgate, and Spinningfields, as well as easy access to bars and restaurants along the waterfront, makes it ideal for young professionals working in these vibrant districts.

Developed by Legacie, winner of Property Developer of the Year 2023, this apartment is part of a £475 million portfolio that has already delivered £30 million in returns to investors.

Investors can earn a NET rental yield of 6.5% from this apartment, alongside a substantial capital growth projection of 28.8% over the next five years.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown "

## Property Photos

- ![Photo](/listings/photos/169778936/324737)
- ![Photo](/listings/photos/169778936/324738)
- ![Photo](/listings/photos/169778936/324739)
- ![Photo](/listings/photos/169778936/324740)
- ![Photo](/listings/photos/169778936/324741)
- ![Photo](/listings/photos/169778936/324742)
- ![Photo](/listings/photos/169778936/324743)
- ![Photo](/listings/photos/169778936/324744)

## Floorplans

- ![Floorplan 1](/listings/photos/169778936/324745) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| COMMERCE QUAY, 221 APARTMENT 412 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4WD | £263,000 | 16/09/2024 | 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 |
|---------|-------|------|------|
| 7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE | £143,000 | 04/11/2025 | Flat |
| RENOLDS HOUSE APARTMENT 40 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB | £80,000 | 23/10/2025 | Flat |
| COMMERCE QUAY, 221 APARTMENT 005 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4TT | £300,000 | 31/03/2025 | Flat |
| BRIDGEWATER POINT APARTMENT 705 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB | £158,000 | 07/02/2025 | 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 |
| BRIDGEWATER WHARF BLOCK E UNIT 405 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3WH | £145,000 | 03/11/2023 | Flat |
| 7 APARTMENT 806 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YF | £175,000 | 13/10/2023 | Flat |
| 7 APARTMENT 111 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £212,000 | 12/10/2023 | Flat |
| 7 APARTMENT 120 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £210,000 | 29/09/2023 | Flat |
| 7 APARTMENT 410 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE | £150,000 | 12/09/2023 | Flat |
| 7 APARTMENT 706 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YF | £176,000 | 21/08/2023 | Flat |
| BRIDGEWATER WHARF BLOCK A UNIT 605 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3WH | £145,500 | 14/08/2023 | Flat |
| QUAY 5, 232 APARTMENT 4A ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NB | £150,000 | 24/07/2023 | Flat |
| 7 APARTMENT 211 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £210,000 | 11/07/2023 | Flat |
| WATERHOUSE APARTMENTS, 14 11 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4BZ | £240,330 | 08/03/2023 | Flat |
| BRIDGEWATER POINT APARTMENT 426 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB | £162,500 | 07/03/2023 | Flat |
| BRIDGEWATER POINT APARTMENT G01 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YA | £113,500 | 17/02/2023 | Flat |
| RENOLDS HOUSE APARTMENT 32 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB | £141,000 | 08/02/2023 | Flat |
| SLATER HOUSE APARTMENT 47 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4UE | £180,000 | 22/12/2022 | Flat |

**Area average:** £171,092 (20 sales)

## Price vs local average

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

- **Local average:** £206,700 (69 Flat, M5, 2024–2026)
- **Deviation:** +166.1%

## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/mo

## 1% Rule

- **Rent ratio:** 0.21% (weak for cashflow)
- **Max investor price (0.8%):** £145,250
- **Target investor price (1%):** £116,200

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £6,395/m²

## Capital growth trend

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

- **5y growth:** -5.6%
- **10y growth:** 29.5%

## 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)

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Property details

Floor area

86 m²

Last sold

£263,000 Sep 2024

Price per m²

£6,395/m²

Local average

£206,700 (+166.1%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

Newly-Built Development Designed With the Modern Renter in Mind
Projected NET Rental Yield of 6.5%
3 Large Double Bedrooms
Luxury Facilities e.g Gym and Concierge
High-Yielding Investment Opportunity
Benefit From Significant Manchester Growth
Prime Location and Excellent Transport Links
Developer With 20 Years Experience
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Immediate Rental Income from Day 1!

DESCRIPTION
Residents can enjoy luxury living in this south-facing apartment, boasting a walk-in wardrobe and high-end finishes.

This exceptional property is situated in a historic location, once a bustling dyeworks renowned for producing world-class fabrics. Now a thriving residential area undergoing significant investment and regeneration, the development offers much-needed high-quality homes. Its prime location, within easy reach of MediaCityUK, Deansgate, and Spinningfields, as well as easy access to bars and restaurants along the waterfront, makes it ideal for young professionals working in these vibrant districts.

Developed by Legacie, winner of Property Developer of the Year 2023, this apartment is part of a £475 million portfolio that has already delivered £30 million in returns to investors.

Investors can earn a NET rental yield of 6.5% from this apartment, alongside a substantial capital growth projection of 28.8% over the next five years.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown "

Listed by

Manchester

RW Invest North Ltd

Reference: 169778936

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 401, Commerce Quay, 221 Ordsall Lane, Salford	81	81	60 m²	—	Flat
Apartment 402, Commerce Quay, 221 Ordsall Lane, Salford	79	79	64 m²	—	Flat
Apartment 403, Commerce Quay, 221 Ordsall Lane, Salford	81	81	43 m²	—	Flat
Apartment 404, Commerce Quay, 221 Ordsall Lane, Salford	81	81	43 m²	—	Flat
Apartment 405, Commerce Quay, 221 Ordsall Lane, Salford	79	79	75 m²	—	Flat
Apartment 406, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 407, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 408, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 409, Commerce Quay, 221 Ordsall Lane, Salford	81	81	58 m²	—	Flat
Apartment 410, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 411, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 412, Commerce Quay, 221 Ordsall Lane, Salford	79	79	86 m²	—	Flat
Apartment 413, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 414, Commerce Quay, 221 Ordsall Lane, Salford	83	83	39 m²	—	Flat
Apartment 415, Commerce Quay, 221 Ordsall Lane, Salford	78	78	62 m²	—	Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	16/09/2024 (1 year ago)	£263,000	—

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
7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE	£143,000	04/11/2025	Flat
RENOLDS HOUSE APARTMENT 40 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB	£80,000	23/10/2025	Flat
COMMERCE QUAY, 221 APARTMENT 005 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4TT	£300,000	31/03/2025	Flat
BRIDGEWATER POINT APARTMENT 705 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB	£158,000	07/02/2025	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
BRIDGEWATER WHARF BLOCK E UNIT 405 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3WH	£145,000	03/11/2023	Flat
7 APARTMENT 806 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YF	£175,000	13/10/2023	Flat
7 APARTMENT 111 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD	£212,000	12/10/2023	Flat
7 APARTMENT 120 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD	£210,000	29/09/2023	Flat
7 APARTMENT 410 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE	£150,000	12/09/2023	Flat
7 APARTMENT 706 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YF	£176,000	21/08/2023	Flat
BRIDGEWATER WHARF BLOCK A UNIT 605 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3WH	£145,500	14/08/2023	Flat
QUAY 5, 232 APARTMENT 4A ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NB	£150,000	24/07/2023	Flat
7 APARTMENT 211 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD	£210,000	11/07/2023	Flat
WATERHOUSE APARTMENTS, 14 11 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4BZ	£240,330	08/03/2023	Flat
BRIDGEWATER POINT APARTMENT 426 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB	£162,500	07/03/2023	Flat
BRIDGEWATER POINT APARTMENT G01 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YA	£113,500	17/02/2023	Flat
RENOLDS HOUSE APARTMENT 32 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB	£141,000	08/02/2023	Flat
SLATER HOUSE APARTMENT 47 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4UE	£180,000	22/12/2022	Flat

Area average: £171,092 (20 sales)

Capital growth trend

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

5y growth -5.6%

10y growth 29.5%

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

1y (index) -5.6%

5y (index) 11%

10y (index) 71.5%

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: £648/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M5 4WD

Address

Ordsall Lane

Nearby

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

Type	Name	Distance
Shop	Rexel	0.0 miles
Bus stop	Oldfield Road/Ordsall lane	0.0 miles
Bus stop	Ordsall Lane/Oldfield Road	0.1 miles
Shop	Co-op Food	0.1 miles
University	University of Salford	0.7 miles
Train station	Deansgate	0.8 miles
Train station	Salford Central	0.9 miles
University	University of Salford Peel Park Campus	1.0 miles
Hospital	Salford Gastric Bypass Surgery	1.4 miles
Hospital	Braeburn House	1.7 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Other crime	1
Other theft	1
Total incidents	4

Within 1 mile during Apr 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	0.4 miles	Good — 24 May 2022
Old Trafford Community Academy	Primary	0.6 miles	— (Inspected (no overall grade))
Oasis Academy MediaCityUK	Secondary	0.6 miles	Good — 1 Jul 2016
St Alphonsus RC Primary School	Primary	0.7 miles	— (Inspected (no overall grade))

Rental Comparables

Rental comparables are temporarily unavailable while listing-site fetches are paused. Try again later.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.21%

Max investor price (0.8%) £145,250

Target investor price (1%) £116,200

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).

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