# 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 | | Construction age | England and Wales: 2003-2006 | | Floor area | 48 m² | | Last sold | £155,000 Feb 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 05/11/2025 — **EXPIRED** (no longer valid for marketing or letting) - **Current heating cost:** £122/year ### Recommendations - E (65) - Y (725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8615-7329-4689-6026-9902) ## 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:** £283,615 (355 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).* ## Price per Square Metre - **£/m²:** £3,333/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -13.5% - **10y growth:** 29.4% ## 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)