# 2 bedroom apartment for sale (M3 5GN) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 402, 29 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER M3 5GN | | Price | £330,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | TBC | | Last sold | £313,418 Nov 2021 | ## Description Spacious Two Bedroom Apartment | Two Bathrooms | Fully Furnished | 744 Square Feet | 24-Hour Concierge | Pet Friendly | Hard Floors Throughout | Floor-to-Ceiling Windows | Great Location Affinity Living Riverview-Manchester Premium City Living for Homeowners and Investors Discover Affinity Living Riverview, a stunning 35-storey residential skyscraper in Manchester’s vibrant Spinningfields district, offering a new vision for urban living. Completed in 2020 by Select Property Group and designed by Denton Corker Marshall, this iconic development at 29 New Bailey Street, M3, features 332 pet-friendly apartments with unrivalled amenities. Priced at £330,000, this fully furnished two-bedroom apartment with high-end finishes is a perfect choice for homeowners seeking a luxurious city lifestyle and investors targeting high-yield opportunities in Manchester’s thriving M3 postcode. For Homeowners A Luxurious Urban Retreat-Step into this chic two-bedroom apartment, designed for comfort and style. The open-plan living space boasts floor-to-ceiling windows, offering breathtaking views of Manchester’s skyline or the River Irwell, complemented by hardwood flooring and LED lighting. The modern kitchen features premium appliances (Siemens oven, hob, fridge/freezer, dishwasher, washer/dryer) and a statement breakfast bar, ideal for entertaining. The spacious double bedroom includes plush carpeting, built-in wardrobes, and an en-suite bathroom with a walk-in shower, Porcelanosa tiling, and a chrome heated towel rail. Fully furnished with high-end pieces-designer sofa, smart TV, and luxury bed frame-this pet-friendly apartment is move-in ready. Residents enjoy exclusive amenities: a state-of-the-art gym, social lounges, co-working spaces, cinema snugs, an in-house café (Loaf MCR), and a 24/7 reception team hosting regular events like cocktail nights and yoga classes. Just a 5-minute walk from Spinningfields’ dining (The Ivy, 20 Stories) and Deansgate’s shops, Affinity Living Riverview offers a vibrant, community-driven lifestyle. For Investors A High-Yield Skyline Gem-Priced at £330,000, this two-bedroom apartment commands net yields around 5% after service charges ground rent. Currently in high demand, it’s a turnkey investment in Manchester’s central business district, where property values are forecast to grow 29.4% by 2029 (Savills). The 239-year leasehold and EWS1-compliant status ensure long-term value, though cash buyers are recommended due to market preferences. Its prime location, a 5-minute walk from Spinningfields and Salford Central Station (0.3 miles), attracts professionals and students (University of Manchester, 1 mile). The extensive amenities-gym, co-working spaces, and resident events-enhance tenant appeal, making this a low-maintenance, high-return asset for buy-to-let investors. North Property Group’s management services simplify ownership, handling tenant sourcing and maintenance. Prime Location Vibrant Lifestyle-Located on the riverfront in Spinningfields, Affinity Living Riverview offers serene views and unmatched connectivity. A 5-minute walk to Deansgate and Spinningfields places you in Manchester’s premier dining and business hub, while the Arndale shopping centre, Selfridges, and Harvey Nichols are a 10-minute stroll. Salford Central Station (0.3 miles) and Manchester Piccadilly (1 mile) ensure excellent transport links, with Manchester Airport 9 miles away. The nearby River Irwell and Greengate Park provide tranquil escapes, while cultural venues like the Manchester Opera House (0.5 miles) and the Northern Quarter’s bars enrich the lifestyle. The ongoing regeneration of Spinningfields and Greengate promises further growth in the area’s value and appeal, making this a cornerstone of Manchester’s future. FOR MORE INFORMATION, CONTACT NORTH PROPERTY GROUP TODAY North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK. ## Property Photos - ![Picture No. 21](/listings/photos/163166756/631192) - Picture No. 21 - ![Picture No. 01](/listings/photos/163166756/631193) - Picture No. 01 - ![Picture No. 06](/listings/photos/163166756/631194) - Picture No. 06 - ![Picture No. 02](/listings/photos/163166756/631195) - Picture No. 02 - ![Picture No. 07](/listings/photos/163166756/631196) - Picture No. 07 - ![Picture No. 16](/listings/photos/163166756/631197) - Picture No. 16 - ![Picture No. 04](/listings/photos/163166756/631198) - Picture No. 04 - ![Picture No. 09](/listings/photos/163166756/631199) - Picture No. 09 - ![Picture No. 08](/listings/photos/163166756/631200) - Picture No. 08 - ![Picture No. 11](/listings/photos/163166756/631201) - Picture No. 11 - ![Picture No. 12](/listings/photos/163166756/631202) - Picture No. 12 - ![Picture No. 13](/listings/photos/163166756/631203) - Picture No. 13 - ![Picture No. 14](/listings/photos/163166756/631204) - Picture No. 14 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 29 APARTMENT 402 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN | £313,418 | 26/11/2021 | 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 | |---------|-------|------|------| | 32 APARTMENT 407 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £177,000 | 19/12/2025 | Flat | | 29 APARTMENT 2901 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GR | £360,000 | 10/06/2025 | Flat | | 32 APARTMENT 1010 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £320,000 | 10/06/2025 | Flat | | 32 APARTMENT 1304 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GE | £250,000 | 10/06/2025 | Flat | | 32 APARTMENT 1205 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £330,000 | 10/06/2025 | Flat | | 32 APARTMENT 1309 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GE | £310,000 | 10/06/2025 | Flat | | 32 APARTMENT 1008 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £320,000 | 10/06/2025 | Flat | | THE BAYLEY, 21 APARTMENT 45 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £107,000 | 13/01/2025 | Flat | | THE BAYLEY, 21 APARTMENT 45 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £107,000 | 13/01/2025 | Flat | | 32 APARTMENT 401 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £265,000 | 20/12/2023 | Flat | | 32 APARTMENT 1202 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £320,000 | 27/10/2023 | Flat | | 32 APARTMENT 309 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £275,000 | 26/10/2023 | Flat | | 32 APARTMENT 412 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £180,000 | 20/10/2023 | Flat | | 29 APARTMENT 209 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN | £230,000 | 20/10/2023 | Flat | | 29 APARTMENT 1305 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP | £265,000 | 10/07/2023 | Flat | | 32 APARTMENT 1007 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD | £192,000 | 16/06/2023 | Flat | | THE BAYLEY, 21 APARTMENT 50 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £115,000 | 13/04/2023 | Flat | | THE BAYLEY, 21 APARTMENT 52 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX | £105,000 | 13/04/2023 | Flat | | 32 APARTMENT 603 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ | £298,000 | 16/01/2023 | Flat | | 29 APARTMENT 608 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN | £265,482 | 22/12/2022 | Flat | **Area average:** £239,574 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £285,168 (345 Flat, M3, 2024–2026) - **Deviation:** +15.7% ## 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):** £873/mo ## 1% Rule - **Rent ratio:** 0.35% (weak for cashflow) - **Max investor price (0.8%):** £145,250 - **Target investor price (1%):** £116,200 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -3.8% - **10y growth:** 27.8% ## 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)