APARTMENT 312
30 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER M5 4ZL
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Property details
Last sold
£259,995 Feb 2024
Local average
£204,469 (-26.7%)
Street crime
4 incidents within 1 mile (Apr 2026)
Key features
- 6%+ NET rental yields
- 27.6% projected regional property price growth by 2030
- Central Manchester - close to the main business district
- Fully managed - passive property investment
- Strong demand from city centre renters
- Extensive high-end residential facilities
- Landmark new-build development
- Award-winning property developer
- On-site rental company
- Enquire now to receive an info pack and full financial breakdown
Description
A completed Manchester city centre development offering contemporary apartments in one of the UK’s most dynamic urban markets, with immediate access to key employment, retail, and leisure districts.
With strong tenant appeal, high-spec interiors, and a proven track record of performance, these centrally located apartments provide an exciting opportunity to invest in quality city property with 6% projected returns.
This property is available to buy-to-let investors and owner-occupiers.
Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments.
The Investment
This completed Manchester city centre development offers investors the potential to earn immediate rental income in a huge market.
With 6% projected returns, a strong history of occupancy, and professional management options available, it’s well suited to both first-time and experienced investors seeking a hands-off, income-generating asset.
The Location
Positioned just moments from Oxford Road station, the development sits at the heart of one of Manchester’s most connected districts.
Residents benefit from effortless access to the Northern Quarter, Spinningfields, the Arndale, and major employment hubs across the city, making these apartments particularly attractive to working professionals who prioritise convenience, lifestyle amenities, and excellent transport links.
The Apartments
Each apartment is finished to a high standard, with fully integrated kitchens, premium flooring, and large windows that maximise natural light.
Designed with modern renters in mind, the interiors blend style and practicality to create comfortable, contemporary living spaces that resonate strongly with Manchester’s fast-growing professional tenant base.
The Development
The development has established a strong reputation for high occupancy rates and dependable rental performance over time.
Its central location, premium apartment spec, and proximity to key cultural, retail, and business destinations help support strong rental appeal.
Key onsite facilities include:
Secure entry system and well-maintained communal areasLift access to main residential floorsDedicated cycle storage for city commutersProximity to gyms, cafes, and everyday amenitiesProfessional building management for smooth day-to-day operation
Why Invest?
6% projected rental returns in one of the UK’s most dynamic city centre rental marketsHighly desirable location close to Oxford Road station, the Northern Quarter, Spinningfields, and major employersCompleted development with a strong track record of occupancy and rental performanceHigh-spec apartments designed specifically to appeal to modern urban professionalsHands-off investment structure with professional management options available
Enquire now to secure your unit and receive a full investment breakdown."
Listed by
Manchester
RW Invest North Ltd
Reference: 89904870
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Floorplans
Floorplan 1
Price history
65% since 2023
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £149,950 | -42.3% |
| Sold | 28/02/2024 (2 years ago) | £259,995 | +64.6% |
| Sold | 09/08/2023 (2 years ago) | £158,000 | — |
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 |
|---|---|---|---|
| 7 MUSLIN STREET, SALFORD, GREATER MANCHESTER, M5 4NF | £227,500 | 22/12/2025 | Flat |
| FUSION 2, 16 APARTMENT 2 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £165,000 | 12/12/2025 | Flat |
| FUSION 5, 10 APARTMENT 5 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £123,000 | 18/11/2025 | Flat |
| FUSION 9, 2 APARTMENT 23 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH | £95,000 | 09/05/2025 | Flat |
| 3 APARTMENT 508 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EL | £160,000 | 12/03/2025 | Flat |
| 5 MUSLIN STREET, SALFORD, GREATER MANCHESTER, M5 4NF | £279,000 | 29/10/2024 | Flat |
| 3 APARTMENT 315 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE | £152,000 | 29/10/2024 | Flat |
| 30 UNIT G03 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4LZ | £239,950 | 05/07/2024 | Flat |
| FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £145,000 | 24/11/2023 | Flat |
| FUSION 8, 4 APARTMENT 4 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH | £145,000 | 13/11/2023 | Flat |
| FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £140,000 | 20/10/2023 | Flat |
| FUSION 7, 6 APARTMENT 1 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LH | £127,000 | 02/10/2023 | Flat |
| FUSION 5, 10 APARTMENT 14 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £160,000 | 11/09/2023 | Flat |
| 26 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4LZ | £292,990 | 06/09/2023 | Flat |
| 3 APARTMENT 317 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE | £157,281 | 05/09/2023 | Flat |
| 12 APARTMENT 403 LOCKSIDE LANE, SALFORD, GREATER MANCHESTER, M5 4YT | £290,000 | 22/08/2023 | Flat |
| 1 COW LANE, SALFORD, GREATER MANCHESTER, M5 4NB | £281,500 | 08/08/2023 | Flat |
| FUSION 2, 16 APARTMENT 23 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £255,000 | 21/07/2023 | Flat |
| 3 APARTMENT 217 CRAVEN STREET, SALFORD, GREATER MANCHESTER, M5 4EE | £156,000 | 21/07/2023 | Flat |
| FUSION 1, 18 APARTMENT 3 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £196,500 | 17/07/2023 | Flat |
Area average: £189,386 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Salford.
LHA (30th percentile) floor for Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Oldfield Road/Liverpool Street | 0.0 miles |
| Bus stop | Liverpool Street/Whitehouse Hotel | 0.0 miles |
| Shop | Selectric | 0.1 miles |
| Shop | Total Spray Repair Centre | 0.1 miles |
| Train station | Salford Central | 0.5 miles |
| Train station | Salford Crescent | 0.6 miles |
| University | UCEN Manchester (City Campus) | 1.1 miles |
| University | University of Law | 1.1 miles |
| Hospital | Salford Gastric Bypass Surgery | 1.2 miles |
| Hospital | The Ailsa Craig Medical Practise | 3.0 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 2 |
| Other crime | 1 |
| Other theft | 1 |
| Total incidents | 4 |
Within 1 mile during Apr 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 |
|---|---|---|---|
| St Philip's CofE Primary School | Primary | 0.2 miles | Good — 19 Oct 2023 |
| University of Salford | Other | 0.3 miles | — (No rating) |
| Primrose Hill Primary School and Children's Centre | Primary | 0.5 miles | Good — 30 Jun 2022 |
| St Paul's CofE Primary School | Primary | 0.5 miles | Good — 9 Jun 2024 |
| St Joseph's RC Primary School | Primary | 0.6 miles | Good — 24 May 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, Oldfield Rd, M5 | £1,800/mo | 1 | 0.18 miles | OpenRent |
| 1 Bed Flat, Wilton Place, M3 | £980/mo | 1 | 0.28 miles | OpenRent |
| 1 Bed Flat, Wilson Place, M3 | £980/mo | 1 | 0.28 miles | OpenRent |
| Studio Flat, Water Street, M3 | £1,245/mo | 1 | 0.38 miles | OpenRent |
| 1 Bed Flat, Liverpool Road, M3 | £1,150/mo | 1 | 0.5 miles | OpenRent |
| 1 Bed Flat, Leftbank, M3 | £1,195/mo | 1 | 0.55 miles | OpenRent |
| 1 Bed Flat, The Bayley, M3 | £1,050/mo | 1 | 0.57 miles | OpenRent |
Average rent: £1,200/mo (7 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).