Sold STC Flat

41

THE EDGE, CLOWES STREET, SALFORD, GREATER MANCHESTER M3 5NB

1 beds 1 baths 48 m² Listed 12 Jun 2023 (-1134d)

£160,000

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Reduced on 5 Sep 2024

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# 1 bedroom flat for sale (M3 5NB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 41, THE EDGE, CLOWES STREET, SALFORD, GREATER MANCHESTER M3 5NB |
| Price | £160,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £155,000 Feb 2025 |

## Description

EWS1 Form In Place. Mortgage Buyers Welcome

This fantastic one bedroom apartment oozes contemporary charm with a modern, high specification flowing throughout the accommodation. The apartment is positioned on the 6th floor of the prestigious development, The Edge, with stunning views down the River Irwell & over the skyline of Manchester City Centre from the floor to ceiling windows & balcony. The apartment features an open plan living area with fitted kitchen, double bedroom and a shower room.

Situated just minutes from Deansgate and a cosmopolitan selection of bars and restaurants, the location is highly sought after and convenient for the local amenities. The property benefits from secure allocated parking, 24 hour concierge service. EPC Rating C. Subject to Contract.

## Property Photos

- ![Picture No. 07](/listings/photos/135998993/1293466) - Picture No. 07
- ![Picture No. 09](/listings/photos/135998993/1293467) - Picture No. 09
- ![Picture No. 13](/listings/photos/135998993/1293468) - Picture No. 13
- ![Picture No. 16](/listings/photos/135998993/1293469) - Picture No. 16
- ![Picture No. 15](/listings/photos/135998993/1293470) - Picture No. 15
- ![Picture No. 11](/listings/photos/135998993/1293471) - Picture No. 11
- ![Picture No. 14](/listings/photos/135998993/1293472) - Picture No. 14
- ![Picture No. 12](/listings/photos/135998993/1293473) - Picture No. 12
- ![Picture No. 10](/listings/photos/135998993/1293474) - Picture No. 10
- ![Google Maps Image](/listings/photos/135998993/1293475) - Google Maps Image

## Floorplans

- ![Picture No. 06](/listings/photos/135998993/1293476) - Picture No. 06

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/135998993/1293477) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE EDGE 41 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £155,000 | 28/02/2025 | 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 |
|---------|-------|------|------|
| CENTURY BUILDINGS, 14 FLAT 119 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £515,500 | 05/01/2026 | Flat |
| THE EDGE 245 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG | £141,000 | 12/12/2025 | Flat |
| THE EDGE 267 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG | £140,000 | 12/12/2025 | Flat |
| CENTURY BUILDINGS, 14 FLAT 83 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £120,000 | 05/11/2025 | Flat |
| THE EDGE 174 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £270,000 | 21/10/2025 | Flat |
| CENTURY BUILDINGS, 14 FLAT 78 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £285,000 | 07/10/2025 | Flat |
| CENTURY BUILDINGS, 14 FLAT 82 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £135,000 | 17/07/2025 | Flat |
| THE EDGE 20 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £368,000 | 31/03/2025 | Flat |
| THE EDGE 33 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £197,500 | 22/11/2024 | Flat |
| CENTURY BUILDINGS, 14 FLAT 80 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £165,000 | 25/10/2024 | Flat |
| THE EDGE 16 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £230,000 | 14/10/2024 | Flat |
| THE EDGE 14 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £203,000 | 25/09/2024 | Flat |
| THE EDGE 27 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £280,000 | 26/02/2024 | Flat |
| THE EDGE 214 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £162,500 | 15/12/2023 | Flat |
| THE EDGE 28 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £326,000 | 10/11/2023 | Flat |
| THE GALLERY, 18 APARTMENT 26 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5JR | £246,000 | 04/11/2023 | Flat |
| THE EDGE 235 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £580,000 | 14/07/2023 | Flat |
| THE EDGE 31 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £330,000 | 23/05/2023 | Flat |
| THE EDGE 46 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £260,000 | 06/04/2023 | Flat |
| THE EDGE 212 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £330,000 | 20/03/2023 | Flat |

**Area average:** £264,225 (20 sales)

## Price vs local average

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

- **Local average:** £283,642 (354 Flat, M3, 2024–2026)
- **Deviation:** -43.6%

## 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, New Kings Head Yard, M3 | £1,200/mo | 1 | 0.15 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 0.75% (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:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £425/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11%

*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:** -13.4%
- **10y growth:** 28.3%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5%
- **5y growth (index):** 17.3%
- **10y growth (index):** 75%

## 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)

Picture No. 07 Picture No. 09 Picture No. 13 Picture No. 16 Picture No. 15 Picture No. 11 Picture No. 14 Picture No. 12 Picture No. 10 Google Maps Image

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Property details

Tenure

LEASEHOLD

Floor area

48 m²

Council tax band

Last sold

£155,000 Feb 2025

Local average

£283,642 (-43.6%)

Deprivation

Decile 6 (20,211 of 33,755)

Street crime

4 incidents within 1 mile (May 2026)

Key features

EWS1 Form In Place - Mortgage Buyers Welcome
River Irwell & City Views
Balcony & Floor to Ceiling Windows
Secure Allocated Parking
One Double Bedroom
Open Plan Living Area
Large Shower Room
24 Hr Concierge
Next to Deansgate
Close to Salford Central Station

Additional details

Parking: Yes

Description

EWS1 Form In Place. Mortgage Buyers Welcome

This fantastic one bedroom apartment oozes contemporary charm with a modern, high specification flowing throughout the accommodation. The apartment is positioned on the 6th floor of the prestigious development, The Edge, with stunning views down the River Irwell & over the skyline of Manchester City Centre from the floor to ceiling windows & balcony. The apartment features an open plan living area with fitted kitchen, double bedroom and a shower room.

Situated just minutes from Deansgate and a cosmopolitan selection of bars and restaurants, the location is highly sought after and convenient for the local amenities. The property benefits from secure allocated parking, 24 hour concierge service. EPC Rating C. Subject to Contract.

Listed by

Manchester Southern Gateway

The Lomond Group

Reference: 135998993

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Picture No. 06

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	28/02/2025 (1 year ago)	£155,000	—

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
CENTURY BUILDINGS, 14 FLAT 119 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE	£515,500	05/01/2026	Flat
THE EDGE 245 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG	£141,000	12/12/2025	Flat
THE EDGE 267 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG	£140,000	12/12/2025	Flat
CENTURY BUILDINGS, 14 FLAT 83 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE	£120,000	05/11/2025	Flat
THE EDGE 174 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£270,000	21/10/2025	Flat
CENTURY BUILDINGS, 14 FLAT 78 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE	£285,000	07/10/2025	Flat
CENTURY BUILDINGS, 14 FLAT 82 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE	£135,000	17/07/2025	Flat
THE EDGE 20 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£368,000	31/03/2025	Flat
THE EDGE 33 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£197,500	22/11/2024	Flat
CENTURY BUILDINGS, 14 FLAT 80 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE	£165,000	25/10/2024	Flat
THE EDGE 16 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£230,000	14/10/2024	Flat
THE EDGE 14 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£203,000	25/09/2024	Flat
THE EDGE 27 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£280,000	26/02/2024	Flat
THE EDGE 214 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£162,500	15/12/2023	Flat
THE EDGE 28 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£326,000	10/11/2023	Flat
THE GALLERY, 18 APARTMENT 26 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5JR	£246,000	04/11/2023	Flat
THE EDGE 235 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£580,000	14/07/2023	Flat
THE EDGE 31 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£330,000	23/05/2023	Flat
THE EDGE 46 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£260,000	06/04/2023	Flat
THE EDGE 212 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£330,000	20/03/2023	Flat

Area average: £264,225 (20 sales)

Capital growth trend

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

5y growth -13.4%

10y growth 28.3%

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

1y (index) -5%

5y (index) 17.3%

10y (index) 75%

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 Central Greater Manchester: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 5NB

Address

58 Clowes Street

Nearby

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

Type	Name	Distance
Shop	Oliver's Barbers	0.0 miles
Shop	Touched Interiors	0.0 miles
Bus stop	BLACKFRIARS Street/Blackfriars Bridge	0.0 miles
Bus stop	Deansgate/Barton Arcade (Stop NB)	0.1 miles
Train station	Salford Central	0.3 miles
University	UCEN Manchester (City Campus)	0.4 miles
Train station	Manchester Victoria	0.4 miles
University	University of Law	0.5 miles
Hospital	Salford Gastric Bypass Surgery	1.9 miles
Hospital	The Ailsa Craig Medical Practise	2.6 miles

Street-level crime

Category	Count
Violence and sexual offences	3
Drugs	1
Total incidents	4

Within 1 mile during May 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
Abbey College Manchester	Other	0.3 miles	— (No rating)
Chetham's School of Music	Other	0.3 miles	— (No rating)
Digital Advantage	Other	0.4 miles	— (No rating)
The Cooperative College	Other	0.4 miles	— (No rating)
The Cathedral School of St Peter and St John RC Primary	Primary	0.5 miles	Good — 10 Jul 2022

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, New Kings Head Yard, M3	£1,200/mo	1	0.15 miles	OpenRent

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.75%

Max investor price (0.8%) £150,000

Target investor price (1%) £120,000

Gross yield 9%

Cost-to-rent ratio 11.1×

Monthly cashflow £425/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 11%

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).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).