# 1 bedroom apartment for sale (M6 8QH)

## Property Details

| Key | Value |
|-----|-------|
| Address | Cholmondeley Road, Salford, M6 8QH |
| Price | £130,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |

## Description

Cardwells estate agents are delighted to bring to market this well presented one bedroom first floor apartment. Offered with no on ward chain this lovely property comprises ; entrance hallway, lounge, kitchen, one bedroom and a bathroom. Externally there is communal parking and gardens. Situated close to local amenities and transport links this property would suit a first time buyer or buy to let investor. Viewing is highly recommended to appreciate all that is on offer, a personal viewing appointment can be arranged by calling Cardwells Estate Agents Bury on  , emailing;   or visiting:   * Please note, this apartment block does not accept pets*

## Property Photos

- ![External ](/listings/photos/167696777/2668445) - External 
- ![Living Room](/listings/photos/167696777/2668446) - Living Room
- ![Kitchen](/listings/photos/167696777/2668447) - Kitchen
- ![Kitchen](/listings/photos/167696777/2668448) - Kitchen
- ![Bedroom](/listings/photos/167696777/2668449) - Bedroom
- ![Bathroom](/listings/photos/167696777/2668450) - Bathroom
- ![External](/listings/photos/167696777/2668451) - External
- ![Floorplan](/listings/photos/167696777/2668452) - Floorplan

## Floorplans

- ![Floorplan](/listings/photos/167696777/2668453) - Floorplan

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| OAK COURT FLAT 3 HAYFIELD ROAD, SALFORD, GREATER MANCHESTER, M6 8QA | £112,000 | 08/12/2025 | Flat |
| [Same street] RIVINGTON FLAT 39 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £100,000 | 29/08/2025 | Flat |
| [Same street] RIVINGTON FLAT 64 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £98,000 | 29/09/2023 | Flat |
| [Same street] RIVINGTON FLAT 42 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £140,000 | 05/05/2023 | Flat |
| [Same street] RIVINGTON FLAT 56 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £117,000 | 18/01/2023 | Flat |
| CARRINGTON HOUSE FLAT 9 MOSS MEADOW ROAD, SALFORD, GREATER MANCHESTER, M6 8PJ | £125,000 | 15/12/2022 | Flat |
| [Same street] RIVINGTON FLAT 28 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £147,000 | 30/11/2022 | Flat |
| OAK COURT FLAT 6 HAYFIELD ROAD, SALFORD, GREATER MANCHESTER, M6 8QA | £87,500 | 14/10/2022 | Flat |
| [Same street] RIVINGTON FLAT 77 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £84,000 | 12/08/2022 | Flat |
| [Same street] RIVINGTON FLAT 10 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £140,000 | 14/07/2022 | Flat |
| [Same street] RIVINGTON FLAT 51 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £137,000 | 20/06/2022 | Flat |
| [Same street] RIVINGTON FLAT 57 CHOLMONDELEY ROAD, SALFORD, GREATER MANCHESTER, M6 8QH | £92,000 | 24/02/2022 | Flat |
| CARRINGTON HOUSE FLAT 11 MOSS MEADOW ROAD, SALFORD, GREATER MANCHESTER, M6 8PJ | £135,000 | 24/02/2022 | Flat |
| 140 FLAT 3 ECCLES OLD ROAD, SALFORD, GREATER MANCHESTER, M6 8QQ | £115,000 | 22/02/2022 | Flat |
| WARDLEY HOUSE FLAT 8 MOSS MEADOW ROAD, SALFORD, GREATER MANCHESTER, M6 8PJ | £116,000 | 22/12/2021 | Flat |
| OAK COURT FLAT 4 HAYFIELD ROAD, SALFORD, GREATER MANCHESTER, M6 8QA | £80,000 | 12/11/2021 | Flat |

**Street average:** £117,222 (9 sales)
**Area average:** £110,071 (7 sales)

## Price vs local average

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

- **Local average:** £131,853 (16 Flat, M6, 2024–2026)
- **Deviation:** -1.4%

## 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 Bolton and Bury (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/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, Godfrey Road, M6 | £795/mo | 1 | 0.26 miles | OpenRent |
| Bedsit, Gilda Brook Road, M30 | £750/mo | 1 | 0.85 miles | OpenRent |
| Bedsit, Eccles, M30 | £790/mo | 1 | 0.85 miles | OpenRent |

**Average rent: £778/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.61% (weak for cashflow)
- **Max investor price (0.8%):** £98,750
- **Target investor price (1%):** £79,000

*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 £790/mo).*

- **Gross yield:** 7.3%
- **Cost-to-rent:** 13.7×
- **Monthly cashflow:** £174/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.5%

*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:** 10.2%
- **10y growth:** 34.5%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -2.8%
- **5y growth (index):** 9.6%
- **10y growth (index):** 57.3%

## 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)