# 2 bedroom apartment for rent (M50 2AL)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 304, BLOCK A, 5, RED, SALFORD, MEDIA CITY UK, GREATER MANCHESTER M50 2AL |
| Price | £1,500 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £198,800 Aug 2023 |

## Description

This exquisite apartment is situated on the 13th floor and features a spacious living/dining area, a modern main bathroom, double bedrooms with an ensuite, and is fully furnished to a high standard.

Residents of High Definition enjoy hotel-style concierge services and access to a range of exceptional facilities, including an exclusive residents' lounge and games room.

Conveniently located, High Definition is just a minute away from the local General Store, with the Alchemist cocktail bar also nearby. For those looking to stay active, the gym and Salford Watersports Centre are both within easy walking distance.

Getting around is effortless - it's just a 25-minute cycle ride to Manchester Piccadilly train station, or an 18-minute Metrolink ride from the MediaCityUK tram stop to Deansgate, where you'll find everything from gourmet pubs to luxury hotel bars to keep you entertained.

No parking available!

Holding Deposit: £357.69

## Property Photos

- ![Photo](/listings/photos/172598105/596202)
- ![Photo](/listings/photos/172598105/596203)
- ![Photo](/listings/photos/172598105/596204)
- ![Photo](/listings/photos/172598105/596205)
- ![Photo](/listings/photos/172598105/596206)
- ![Photo](/listings/photos/172598105/596207)
- ![Photo](/listings/photos/172598105/596210)
- ![Photo](/listings/photos/172598105/596211)
- ![Photo](/listings/photos/172598105/596214)
- ![Photo](/listings/photos/172598105/596216)
- ![Photo](/listings/photos/172598105/596219)
- ![Photo](/listings/photos/172598105/596221)
- ![Photo](/listings/photos/172598105/596223)
- ![Photo](/listings/photos/172598105/596225)
- ![Photo](/listings/photos/172598105/596228)
- ![Photo](/listings/photos/172598105/596233)
- ![Photo](/listings/photos/172598105/596235)
- ![Photo](/listings/photos/172598105/596240)
- ![Photo](/listings/photos/172598105/596244)

## 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)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,015/mo).*

- **Gross yield:** 812%
- **Monthly cashflow:** £883/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2434.7%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)