# 2 bedroom apartment for sale (M50 2AL) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 107, BLOCK A, 5, RED, SALFORD, MEDIA CITY UK, GREATER MANCHESTER M50 2AL | | Price | £286,950 | | Bedrooms | 2 | | Bathrooms | 2 | | Floor area | 67 m² | | Last sold | £286,950 Aug 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 11/09/2032 - **Current heating cost:** £64/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8400-4525-0232-0092-3123) ## Description High Definition is a fantastic new development in the heart of Media City UK. Offering buyers a range of exclusive services and amenities making work, life and play seamless. Setting a new standard of living, the apartments are finished to a high specification throughout! Call now to visit our marketing suite and visit our fantastic show apartments! Briefly comprising of a spacious entrance hallway with a utility and storage cupboard, which then leads to the open plan living area, kitchen and bathroom. The bedroom also benefits from fitted wardrobes. The lifestyle at “HD” will compliment the apartments open concept living and floor to ceiling windows allowing in an abundance of natural light. The top branded Bosch appliances are standard specification in addition to the washer/dryer and wardrobes in the principal bedroom. A well thought out floorplan created by Latimer brings all apartment sizes a unique style. Co-working spaces in the building feature both long tables and meeting pods, offering working from home space requirement at its best. It's not all about work, living at High Definition is a social affair. The informal lounge area and bean bag zone are the perfect places to unwind and catch up with friends. You can even get competitive on the table tennis and pool tables! The Club HD terrace lounge is on the first floor just off of the podium terrace and with south facing views, it promises to be a relaxing retreat during the summer months. To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker ## Property Photos - ![High Definition](/listings/photos/149114051/596084) - High Definition - ![Living Area](/listings/photos/149114051/596086) - Living Area - ![Living Area](/listings/photos/149114051/596088) - Living Area - ![Living Area](/listings/photos/149114051/596090) - Living Area - ![Living Area](/listings/photos/149114051/596091) - Living Area - ![Kitchen](/listings/photos/149114051/596094) - Kitchen - ![Kitchen ](/listings/photos/149114051/596096) - Kitchen - ![Kitchen](/listings/photos/149114051/596098) - Kitchen - ![Bedroom 1](/listings/photos/149114051/596099) - Bedroom 1 - ![Bedroom 1](/listings/photos/149114051/596101) - Bedroom 1 - ![En Suite](/listings/photos/149114051/596103) - En Suite - ![Bedroom 2](/listings/photos/149114051/596104) - Bedroom 2 - ![Bathroom ](/listings/photos/149114051/596105) - Bathroom - ![Club HD](/listings/photos/149114051/596106) - Club HD - ![Concierge](/listings/photos/149114051/596107) - Concierge - ![Residents Lounge ...](/listings/photos/149114051/596108) - Residents Lounge ... - ![Residents Lounge ...](/listings/photos/149114051/596109) - Residents Lounge ... - ![Terrace](/listings/photos/149114051/596110) - Terrace - ![Entrance & Concierge](/listings/photos/149114051/596111) - Entrance & Concierge ## Floorplans - ![Style C 2 Bedroom ](/listings/photos/149114051/596113) - Style C 2 Bedroom ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | BLOCK A, 5 APARTMENT 107 RED, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AL | £286,950 | 07/08/2024 | 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 | |---------|-------|------|------| | THE HEART APARTMENT 2001 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2TH | £148,000 | 24/11/2025 | Flat | | LIGHTBOX APARTMENT 1703 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AF | £275,000 | 14/10/2025 | Flat | | N V BUILDING, 96 APARTMENT 68 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £365,000 | 29/08/2025 | Flat | | N V BUILDING, 96 APARTMENT 34 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £330,000 | 28/08/2025 | Flat | | N V BUILDING, 96 APARTMENT 9 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £278,000 | 22/05/2025 | Flat | | NUMBER ONE APARTMENT 1509 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BB | £187,950 | 28/03/2025 | Flat | | NUMBER ONE APARTMENT 1802 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BB | £120,000 | 27/11/2023 | Flat | | NUMBER ONE APARTMENT 1313 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BA | £266,000 | 31/10/2023 | Flat | | LIGHTBOX APARTMENT 907 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AE | £370,000 | 20/10/2023 | Flat | | LIGHTBOX APARTMENT 1812 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AF | £199,500 | 16/10/2023 | Flat | | LIGHTBOX APARTMENT 406 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AD | £183,000 | 10/10/2023 | Flat | | NUMBER ONE APARTMENT 1405 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BB | £180,000 | 09/10/2023 | Flat | | THE HEART APARTMENT 2004 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2TH | £125,000 | 22/09/2023 | Flat | | BLOCK A, 5 APARTMENT 1306 RED, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AN | £211,500 | 11/08/2023 | Flat | | BLOCK A, 5 APARTMENT 1603 RED, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AN | £455,000 | 31/07/2023 | Flat | | N V BUILDING, 96 APARTMENT 55 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £230,000 | 21/07/2023 | Flat | | LIGHTBOX APARTMENT 1008 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AE | £290,000 | 20/07/2023 | Flat | | NUMBER ONE APARTMENT 403 PINK, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2BA | £200,000 | 26/06/2023 | Flat | | BLOCK A, 5 APARTMENT 1005 RED, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AN | £141,050 | 23/06/2023 | Flat | | LIGHTBOX APARTMENT 1410 BLUE, MEDIA CITY UK, SALFORD, GREATER MANCHESTER, M50 2AF | £175,000 | 20/06/2023 | Flat | **Area average:** £236,500 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £204,425 (51 Flat, M50, 2024–2026) - **Deviation:** +40.4% ## Rental Range *ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £856/mo - **Realistic:** £951/mo - **Optimistic:** £1,046/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/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, The Quays, M50 | £1,495/mo | 2 | 0.34 miles | OpenRent | | 2 Bed Terraced House, Northbourne Street, M6 | £1,050/mo | 2 | 0.66 miles | OpenRent | | 2 Bed Flat, Hessel St, M50 | £950/mo | 2 | 0.67 miles | OpenRent | | 2 Bed Flat, City Link, M50 | £980/mo | 2 | 0.67 miles | OpenRent | **Average rent: £1,119/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.35% (weak for cashflow) - **Max investor price (0.8%):** £126,875 - **Target investor price (1%):** £101,500 *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 £1,015/mo).* - **Gross yield:** 4.2% - **Cost-to-rent:** 23.6× - **Monthly cashflow:** £-242/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -3.5% *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).* ## Price per Square Metre - **£/m²:** £4,283/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 7.2% - **10y growth:** 52.1% ## House Price Index (HM Land Registry) *Official index for North West; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -7.4% - **5y growth (index):** 6.8% - **10y growth (index):** 45.6% ## 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)