# 2 bedroom apartment for sale (M5 4ZE)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 204, BLOCK B, 4, HULME STREET, SALFORD, GREATER MANCHESTER M5 4ZE |
| Price | £250,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £249,999 Jan 2021 |

## Description

**204 The Crescent, Salford, Manchester**

**Asking Price: Offers Over £250,000**

Positioned on the second floor of the landmark Crescent development, this stylish two bedroom apartment offers a refined blend of contemporary design and practical city living, ideal for professionals, owner-occupiers or investors alike.

The apartment opens into a bright, open-plan living space where a modern fitted kitchen with integrated appliances sits alongside a comfortable lounge and dining area. Large windows allow natural light to pour in while offering attractive views across the surrounding cityscape, with a private balcony extending the living space outdoors that’s perfect for morning coffee or evening downtime.

Both bedrooms are generous doubles, thoughtfully laid out to maximise comfort and storage. The principal bedroom benefits from a sleek en suite shower room, while the second bedroom is served by a separate, high-quality main bathroom, making the layout both versatile and guest-friendly.

Life at The Crescent extends far beyond the apartment itself. Created by award-winning developer Salboy, the development is designed around lifestyle and community. Residents enjoy access to an impressive range of amenities, including co-working lounges and meeting spaces, a residents-only swimming pool, private cinema rooms, a fully equipped gym, rooftop garden and a dedicated fifth-floor pet walking terrace. A 24-hour concierge service, secure entry system and parking options complete the offering.

This is an apartment that delivers more than just a home, it offers a well-connected, modern way of living in one of Greater Manchester’s most exciting neighbourhoods.

Manchester Living, Reimagined

Manchester continues to stand out as one of the UK’s fastest-growing and most influential cities. Known for its rich cultural scene, world-class sport, thriving business districts and independent food and retail offering, the city appeals to those seeking both opportunity and lifestyle.

Salford has undergone significant regeneration in recent years and is now firmly established as a prime location for urban living. With Spinningfields, Deansgate and MediaCityUK all within close proximity, residents are perfectly placed for work, leisure and entertainment.

Effortless Connectivity

Transport links are a key advantage of The Crescent. Salford Central and Deansgate stations are both within walking distance, providing fast rail connections across Manchester and beyond. The nearby Metrolink network offers easy access throughout Greater Manchester, while major road links and Manchester Airport are readily reachable for regional and national travel.

EPC Rating: B

## Property Photos

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## Floorplans

- ![All](/listings/photos/170443541/77316) - All

## EPC Graphs

- ![EPC 1](/listings/photos/170443541/77317) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| BLOCK B, 4 APARTMENT 204 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £249,999 | 15/01/2021 | 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 |
|---------|-------|------|------|
| BLOCK C, 14 APARTMENT 411 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £220,000 | 11/12/2025 | Flat |
| BLOCK A, 2 APARTMENT 902 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZD | £240,000 | 10/12/2025 | Flat |
| THE ROYAL 220 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £108,000 | 01/12/2023 | Flat |
| THE ROYAL 30 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £160,000 | 01/12/2023 | Flat |
| BLOCK B, 4 APARTMENT 2003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £390,000 | 20/09/2023 | Flat |
| BLOCK A, 2 APARTMENT 605 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £270,000 | 31/08/2023 | Flat |
| BLOCK B, 4 APARTMENT 2005 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £229,500 | 10/03/2023 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £240,000 | 06/03/2023 | Flat |
| THE ROYAL 246 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 20/12/2022 | Flat |
| BLOCK A, 2 APARTMENT 502 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £245,000 | 19/12/2022 | Flat |
| 8 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZA | £423,023 | 09/12/2022 | Flat |
| THE ROYAL 237 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 02/12/2022 | Flat |
| BLOCK C, 14 APARTMENT 418 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £240,000 | 21/11/2022 | Flat |
| BLOCK A, 2 APARTMENT 705 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £290,000 | 24/10/2022 | Flat |
| BLOCK C, 14 APARTMENT 420 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £194,750 | 18/10/2022 | Flat |
| THE ROYAL 31 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £152,000 | 10/10/2022 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 507 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £357,349 | 30/09/2022 | Flat |
| BLOCK C, 14 APARTMENT 115 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZG | £275,000 | 29/09/2022 | Flat |
| BLOCK B, 4 APARTMENT 2006 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £300,000 | 28/09/2022 | Flat |
| TRANSPORT HOUSE, 1 APARTMENT 202 CRESCENT, SALFORD, GREATER MANCHESTER, M5 4JN | £111,000 | 14/09/2022 | Flat |
| THE ROYAL 239 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £131,500 | 12/08/2022 | Flat |
| BLOCK B, 4 APARTMENT 1208 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £387,500 | 03/08/2022 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 808 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £395,860 | 18/02/2022 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £187,340 | 17/02/2022 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 507 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £280,072 | 11/02/2022 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 707 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £345,000 | 17/12/2021 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 607 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £344,200 | 10/12/2021 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 302 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £267,327 | 23/09/2021 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 207 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £204,617 | 15/09/2021 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 608 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £220,000 | 25/08/2021 | Flat |
| [Same street] BLOCK B, 4 APARTMENT 905 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £287,297 | 21/06/2021 | Flat |

**Street average:** £284,460 (11 sales)
**Area average:** £230,364 (20 sales)

## Price vs local average

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

- **Local average:** £206,700 (69 Flat, M5, 2024–2026)
- **Deviation:** +20.9%

## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/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, Block B, M5 | £1,480/mo | 2 | 0 miles | OpenRent |
| 2 Bed Flat, Cussons House, M5 | £724/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Flat, Block A, M5 | £1,400/mo | 2 | 0.04 miles | OpenRent |
| 2 Bed Flat, Adelphi St, M3 | £1,300/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Adelphi St, M3 | £1,350/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Craven St, M5 | £1,375/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Craven St, M5 | £1,550/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Middlewood Plaza, M5 | £1,495/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Middlewood Plaza, M5 | £1,495/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Middlewood Plaza, M5 | £1,395/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Middlewood St, M5 | £1,000/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Terraced House, Middlewood St, M5 | £3,810/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Middlewood St, M5 | £1,400/mo | 2 | 0.27 miles | OpenRent |

**Average rent: £1,521/mo (13 listings)**

## 1% Rule

- **Rent ratio:** 0.56% (weak for cashflow)
- **Max investor price (0.8%):** £175,000
- **Target investor price (1%):** £140,000

*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 £1,400/mo).*

- **Gross yield:** 6.7%
- **Cost-to-rent:** 14.9×
- **Monthly cashflow:** £250/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.1%

*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:** -4.8%
- **10y growth:** 29.4%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5.6%
- **5y growth (index):** 11%
- **10y growth (index):** 71.5%

## 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)