Sold STC Terraced

29 MARTIN STREET

SALFORD, GREATER MANCHESTER M5 5JZ

2 beds 1 baths 85 m² Listed 26 Jan 2026 (-178d)

£120,000

Guide Price

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# 2 bedroom terraced house for sale (M5 5JZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 29 MARTIN STREET, SALFORD, GREATER MANCHESTER M5 5JZ |
| Price | £120,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £165,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 05/10/2035
- **Current heating cost:** £1,317/year
- **Est. upgrade cost to C:** £11,815

### Recommendations
- A (£900 - £1,200)
- B (£900 - £1,500)
- D (£150 - £250)
- E (£120 - £140)
- G (£220 - £250)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2291-8713-2058-4653-5115)

## Description

TO BE SOLD BY ONLINE AUCTION ON 11TH FEBRUARY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

29 Martin Street, Salford, M5 5JZ.

Terraced house with hall, lounge, dining room, kitchen, **THREE bedrooms** and bathroom. Rear yard with utility outbuilding. Gas central heating and double glazing. Vacant possession. The house is situated close by to Salford Shopping Centre, Salford University, Salford Quays with its array of shops and restaurants, Salford Royal Hospital and MediaCity, a vibrant waterfront district.

** VIRTUAL TOUR AVAILABLE **

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:

27, Cedric Street, M5 5JY sold on 14/05/2025 for £181,000 Terraced 3 beds 0.03 mi

5, Langton Street, M6 5PX sold on 16/06/2025 for £200,000 Terraced 3 beds 0.15 mi

12, Co Operative Street, M6 5DW sold on 07/02/2025 for £198,000 Terraced 3 beds 0.47 mi

Also located in the same area are BBC Dock House, ITV Studios, The Lowry and VUE Cinema.

Salford is well served by rail links and the M602/M60 motorway network. Extensive recreational facilities can be found at Buile Hill Park which is the largest and most popular park in the city. Tenant ready property rental values in the area are in the region of £1100 per month. EPC rating D. Sold as seen.

## Property Photos

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## Floorplans

- ![fp.png](/listings/photos/171457730/1311965) - fp.png

## EPC Graphs

- ![EPC epcgraph.co.uk](/listings/photos/171457730/1311966) - EPC epcgraph.co.uk

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 29 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £165,000 | 12/03/2026 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £181,000 | 14/05/2025 | Terraced |
| 24 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £190,500 | 22/09/2023 | Terraced |
| 14 DERBY AVENUE, SALFORD, GREATER MANCHESTER, M6 5FZ | £185,000 | 08/09/2023 | Terraced |
| [Same street] 8 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £178,000 | 14/08/2023 | Terraced |
| 84 CHANDOS GROVE, SALFORD, GREATER MANCHESTER, M5 5LJ | £187,500 | 22/06/2023 | Terraced |
| 69 DERBY ROAD, SALFORD, GREATER MANCHESTER, M5 5LA | £125,000 | 25/05/2023 | Terraced |
| 2 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT | £177,000 | 11/11/2022 | Terraced |
| 4 ORREL STREET, SALFORD, GREATER MANCHESTER, M6 5TD | £97,500 | 04/11/2022 | Terraced |
| [Same street] 34 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £180,500 | 03/08/2022 | Terraced |
| 14 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £160,000 | 29/07/2022 | Terraced |
| [Same street] 7 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £157,000 | 21/07/2022 | Semi-detached |
| 9 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £140,000 | 21/07/2022 | Terraced |
| 11 ANNIE STREET, SALFORD, GREATER MANCHESTER, M6 5LF | £155,000 | 30/06/2022 | Terraced |
| 18 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT | £115,580 | 17/06/2022 | Terraced |
| [Same street] 8 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £177,000 | 01/06/2022 | Terraced |
| 5 ANNIE STREET, SALFORD, GREATER MANCHESTER, M6 5LF | £169,000 | 30/05/2022 | Terraced |
| 540 LIVERPOOL STREET, SALFORD, GREATER MANCHESTER, M5 5JX | £205,000 | 30/05/2022 | Terraced |
| 577 LIVERPOOL STREET, SALFORD, GREATER MANCHESTER, M6 5GY | £230,000 | 20/05/2022 | Terraced |
| [Same street] 2 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £153,000 | 18/05/2022 | Semi-detached |
| 1 ORREL STREET, SALFORD, GREATER MANCHESTER, M6 5TD | £134,000 | 18/05/2022 | Terraced |
| [Same street] 31 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ | £170,000 | 30/03/2022 | Terraced |
| 10 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT | £149,000 | 25/03/2022 | Terraced |
| 67 DERBY ROAD, SALFORD, GREATER MANCHESTER, M5 5LA | £140,000 | 28/02/2022 | Terraced |
| 5 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY | £173,500 | 24/01/2022 | Terraced |
| 10 WYTHBURN STREET, SALFORD, GREATER MANCHESTER, M6 5LB | £136,500 | 06/01/2022 | Terraced |
| 18 ST LUKES ROAD, SALFORD, GREATER MANCHESTER, M6 5DH | £102,050 | 10/12/2021 | Terraced |

**Street average:** £169,250 (6 sales)
**Area average:** £157,657 (20 sales)

## Price vs local average

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

- **Local average:** £263,717 (15 Terraced, M5, 2024–2026)
- **Deviation:** -54.5%

## 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 Terraced House, Wychbury Street, M6 | £1,250/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Wychbury Street, M6 | £1,300/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Wychbury Street, M6 | £1,100/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Terraced House, Fram St, M6 | £950/mo | 2 | 0.22 miles | OpenRent |

**Average rent: £1,150/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.98% (okay)
- **Max investor price (0.8%):** £146,875
- **Target investor price (1%):** £117,500

*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 £1,175/mo).*

- **Gross yield:** 11.8%
- **Cost-to-rent:** 8.5×
- **Monthly cashflow:** £560/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 19.3%

*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:** £1,412/m²

## Capital growth trend

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

- **5y growth:** 48.8%
- **10y growth:** 122.1%

## House Price Index (HM Land Registry)

*Official index for Salford; Terraced series; as of April 2026.*

- **1y growth (index):** -2.3%
- **5y growth (index):** 28.8%
- **10y growth (index):** 97.8%

## 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)

Listing type

Auction

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Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

85 m²

Council tax band

EPC rating

Last sold

£165,000 Mar 2026

Price per m²

£1,412/m²

Local average

£263,717 (-54.5%)

Deprivation

Decile 1 (2,542 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

To be sold by auction
Three bedrooms and two reception rooms
Gas central heating and double glazing
Close to the university
Sought after location

Additional details

Garden: Yes

Description

TO BE SOLD BY ONLINE AUCTION ON 11TH FEBRUARY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
29 Martin Street, Salford, M5 5JZ.
Terraced house with hall, lounge, dining room, kitchen, THREE bedrooms and bathroom. Rear yard with utility outbuilding. Gas central heating and double glazing. Vacant possession. The house is situated close by to Salford Shopping Centre, Salford University, Salford Quays with its array of shops and restaurants, Salford Royal Hospital and MediaCity, a vibrant waterfront district.
VIRTUAL TOUR AVAILABLE

Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:
27, Cedric Street, M5 5JY sold on 14/05/2025 for £181,000 Terraced 3 beds 0.03 mi
5, Langton Street, M6 5PX sold on 16/06/2025 for £200,000 Terraced 3 beds 0.15 mi
12, Co Operative Street, M6 5DW sold on 07/02/2025 for £198,000 Terraced 3 beds 0.47 mi
Also located in the same area are BBC Dock House, ITV Studios, The Lowry and VUE Cinema.
Salford is well served by rail links and the M602/M60 motorway network. Extensive recreational facilities can be found at Buile Hill Park which is the largest and most popular park in the city. Tenant ready property rental values in the area are in the region of £1100 per month. EPC rating D. Sold as seen.

Listed by

Auction

Edward Mellor Ltd

Reference: 171457730

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 06/10/2025

Expiry date: 05/10/2035

Current heating cost: £1,317/year

Potential heating cost: £961/year

Est. upgrade cost to C: £11,815

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Increase loft insulation to 270 mm (£900 - £1,200)
Cavity wall insulation (£900 - £1,500)
Draughtproof single-glazed windows (£150 - £250)
Low energy lighting for all fixed outlets (£120 - £140)
Upgrade heating controls (£220 - £250)
Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

fp.png

EPC Graphs

EPC epcgraph.co.uk

Price history

Event	Date	Price	% change
Sold	12/03/2026 (4 months ago)	£165,000	—

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
27 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY	£181,000	14/05/2025	Terraced
24 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY	£190,500	22/09/2023	Terraced
14 DERBY AVENUE, SALFORD, GREATER MANCHESTER, M6 5FZ	£185,000	08/09/2023	Terraced
Same street 8 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ	£178,000	14/08/2023	Terraced
84 CHANDOS GROVE, SALFORD, GREATER MANCHESTER, M5 5LJ	£187,500	22/06/2023	Terraced
69 DERBY ROAD, SALFORD, GREATER MANCHESTER, M5 5LA	£125,000	25/05/2023	Terraced
2 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT	£177,000	11/11/2022	Terraced
4 ORREL STREET, SALFORD, GREATER MANCHESTER, M6 5TD	£97,500	04/11/2022	Terraced
Same street 34 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ	£180,500	03/08/2022	Terraced
14 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY	£160,000	29/07/2022	Terraced
Same street 7 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ	£157,000	21/07/2022	Semi-detached
9 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY	£140,000	21/07/2022	Terraced
11 ANNIE STREET, SALFORD, GREATER MANCHESTER, M6 5LF	£155,000	30/06/2022	Terraced
18 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT	£115,580	17/06/2022	Terraced
Same street 8 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ	£177,000	01/06/2022	Terraced
5 ANNIE STREET, SALFORD, GREATER MANCHESTER, M6 5LF	£169,000	30/05/2022	Terraced
540 LIVERPOOL STREET, SALFORD, GREATER MANCHESTER, M5 5JX	£205,000	30/05/2022	Terraced
577 LIVERPOOL STREET, SALFORD, GREATER MANCHESTER, M6 5GY	£230,000	20/05/2022	Terraced
Same street 2 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ	£153,000	18/05/2022	Semi-detached
1 ORREL STREET, SALFORD, GREATER MANCHESTER, M6 5TD	£134,000	18/05/2022	Terraced
Same street 31 MARTIN STREET, SALFORD, GREATER MANCHESTER, M5 5JZ	£170,000	30/03/2022	Terraced
10 BALTIC STREET, SALFORD, GREATER MANCHESTER, M5 5JT	£149,000	25/03/2022	Terraced
67 DERBY ROAD, SALFORD, GREATER MANCHESTER, M5 5LA	£140,000	28/02/2022	Terraced
5 CEDRIC STREET, SALFORD, GREATER MANCHESTER, M5 5JY	£173,500	24/01/2022	Terraced
10 WYTHBURN STREET, SALFORD, GREATER MANCHESTER, M6 5LB	£136,500	06/01/2022	Terraced
18 ST LUKES ROAD, SALFORD, GREATER MANCHESTER, M6 5DH	£102,050	10/12/2021	Terraced

Street average: £169,250 (6 sales)

Area average: £157,657 (20 sales)

Capital growth trend

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

5y growth 48.8%

10y growth 122.1%

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

1y (index) -2.3%

5y (index) 28.8%

10y (index) 97.8%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: OPEN TRADING LIMITED (10969858)

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 Richmond & Hambleton: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M5 5JZ

Nearby

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

Type	Name	Distance
Bus stop	Liverpool Street/Derby Road	0.1 miles
Shop	Beauty Life Salon	0.2 miles
Shop	William Hill	0.2 miles
Hospital	Salford Gastric Bypass Surgery	0.4 miles
Train station	Salford Crescent	1.1 miles
Train station	Eccles	1.3 miles
University	UCEN Manchester (City Campus)	2.4 miles
University	University of Law	2.6 miles
Hospital	The Ailsa Craig Medical Practise	4.4 miles

Street-level crime

Category	Count
Total incidents	0

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
King of Kings	Other	0.1 miles	Requires improvement — 30 Jan 2024
Willow Tree Primary School	Primary	0.3 miles	— (Inspected (no overall grade))
St Luke's CofE Primary School	Primary	0.4 miles	Requires improvement — 8 Jul 2024
Holy Family VA RC Primary School	Primary	0.5 miles	Outstanding — 30 Jan 2018
Lark Hill Community Primary School	Primary	0.6 miles	Good — 21 Mar 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
2 Bed Terraced House, Wychbury Street, M6	£1,250/mo	2	0.17 miles	OpenRent
2 Bed Terraced House, Wychbury Street, M6	£1,300/mo	2	0.17 miles	OpenRent
2 Bed Terraced House, Wychbury Street, M6	£1,100/mo	2	0.17 miles	OpenRent
2 Bed Terraced House, Fram St, M6	£950/mo	2	0.22 miles	OpenRent

Average rent: £1,150/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.98%

Max investor price (0.8%) £146,875

Target investor price (1%) £117,500

Gross yield 11.8%

Cost-to-rent ratio 8.5×

Monthly cashflow £560/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 19.3%

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).