# 1 bedroom flat for sale (M5 4HH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 SEDAN CLOSE, SALFORD, GREATER MANCHESTER M5 4HH |
| Price | £75,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £75,000 Mar 2020 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 03/09/2035
- **Current heating cost:** £290/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/3400-5341-0322-0504-3153)

## Description

Having recently UNDERGONE A REGENERATION programme the block has the benefit of NEW WINDOWS and a NEW ROOF and is ideally located close to excellent transport links and amenities! Available with NO CHAIN the property offers spacious accommodation throughout and comes highly recommended for viewing. The property boasts a welcoming entrance hallway, large double bedroom, spacious lounge, modern fitted kitchen and bathroom. The property has an abundance of storage solutions and comes fully double glazed and gas central heated. Externally the property has well-kept gardens surrounding the property and will appeal to first time buyers and families alike. Contact the office on 01617074900 to arrange a viewing today!

## Property Photos

- ![Photo 3](/listings/photos/66944864/1267582) - Photo 3
- ![Photo 2](/listings/photos/66944864/1267583) - Photo 2
- ![Photo 6](/listings/photos/66944864/1267584) - Photo 6
- ![Photo 5](/listings/photos/66944864/1267585) - Photo 5
- ![Photo 4](/listings/photos/66944864/1267586) - Photo 4
- ![Photo 1](/listings/photos/66944864/1267587) - Photo 1

## Floorplans

- ![Floorplan 1](/listings/photos/66944864/1267588) - Floorplan 1

## EPC Graphs

- ![Energy Perform...](/listings/photos/66944864/1267589) - Energy Perform...

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #10417016
- **Address:** 23 Sedan Close, SALFORD, M5 4HH
- **Certificate Issued:** 21/07/2014
- **Work Completed:** 08/07/2014
- **Items:** 4 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 SEDAN CLOSE, SALFORD, GREATER MANCHESTER, M5 4HH | £75,000 | 19/03/2020 | Flat |
| 23 SEDAN CLOSE, SALFORD, GREATER MANCHESTER, M5 4HH | £75,000 | 11/03/2019 | 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 B, 6 APARTMENT 301 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £295,000 | 13/06/2025 | Flat |
| BLOCK A, 5 APARTMENT 1004 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DB | £226,750 | 15/05/2025 | Flat |
| BLOCK B, 6 APARTMENT 606 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £334,180 | 08/05/2025 | Flat |
| BLOCK A, 5 APARTMENT 1104 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DB | £234,000 | 08/05/2025 | Flat |
| BLOCK B, 6 APARTMENT 608 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £328,300 | 08/05/2025 | Flat |
| BLOCK B, 6 APARTMENT 705 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £220,500 | 27/04/2025 | Flat |
| BLOCK B, 6 APARTMENT 508 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £316,540 | 25/04/2025 | Flat |
| BLOCK A, 5 APARTMENT 801 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4BU | £223,250 | 28/03/2025 | Flat |
| BLOCK A, 5 APARTMENT 1001 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DB | £234,000 | 28/03/2025 | Flat |
| BLOCK A, 5 APARTMENT 806 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4BU | £307,750 | 27/03/2025 | Flat |
| BLOCK A, 5 APARTMENT 401 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4BU | £213,250 | 27/03/2025 | Flat |
| BLOCK A, 5 APARTMENT 208 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4BU | £293,500 | 26/03/2025 | Flat |
| BALMORAL HOUSE, 17 APARTMENT 9 WINDSOR STREET, SALFORD, GREATER MANCHESTER, M5 4AZ | £140,000 | 21/03/2025 | Flat |
| BLOCK B, 6 APARTMENT 804 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £228,500 | 28/02/2025 | Flat |
| BLOCK B, 6 APARTMENT 602 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £316,000 | 07/02/2025 | Flat |
| BLOCK B, 6 APARTMENT 403 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £251,000 | 09/01/2025 | Flat |
| BLOCK A, 5 APARTMENT 506 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4BU | £321,440 | 08/01/2025 | Flat |
| BLOCK B, 6 APARTMENT 401 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4DF | £306,000 | 07/01/2025 | Flat |
| BLOCK A, 5 APARTMENT 307 SHALE LANE, SALFORD, GREATER MANCHESTER, M5 4BU | £319,000 | 19/12/2024 | Flat |
| BALMORAL HOUSE, 17 APARTMENT 32 WINDSOR STREET, SALFORD, GREATER MANCHESTER, M5 4AZ | £143,450 | 24/06/2022 | Flat |

**Area average:** £262,621 (20 sales)

## Price vs local average

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

- **Local average:** £198,265 (77 Flat, M5, 2024–2026)
- **Deviation:** -62.2%

## 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):** £449/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, Middlewood Plaza, M5 | £1,100/mo | 1 | 0.55 miles | OpenRent |
| 1 Bed Flat, Middlewood Plaza, M5 | £1,150/mo | 1 | 0.55 miles | OpenRent |

**Average rent: £1,125/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 1.5% (strong)
- **Max investor price (0.8%):** £140,625
- **Target investor price (1%):** £112,500

*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 £1,125/mo).*

- **Gross yield:** 18%
- **Cost-to-rent:** 5.6×
- **Monthly cashflow:** £692/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 38.2%

*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:** £1,667/m²

## Capital growth trend

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

- **5y growth:** -13.6%
- **10y growth:** 30.6%

## 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)
