For sale Flat

Stanley St

Manchester, M3 5FS

2 beds 1 baths Listed 14 Jun 2025 (-364d)

£362,000

Save

Untitled-3-03.jpg Untitled-3-01.jpg Untitled-3-02.jpg Untitled-3-04.jpg Untitled-3-05.jpg Untitled-3-07.jpg Untitled-3-08.jpg Untitled-3-09.jpg Untitled-3-10.jpg Untitled-3-11.jpg Untitled-3-12.jpg Untitled-3-06.jpg

/ 12

Property details

Tenure

LEASEHOLD (900 years remaining on lease)

Council tax band

TBC

Local average

£285,168 (+26.9%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

  • Ready to let or live immediately
  • Top-quality amenities on-site
  • Ideal location
  • 4 minute walk to Spinningfields
  • Luxury apartment

Additional details

Garden
Yes

Description

*COMPLETE & READY TO LET OR LIVE* *HIGHLY SOUGHT-AFTER LOCATION* *ON-SITE AMENITIES* *HIGH SPECIFICATION*

Novella -

This stunning apartment sits within the Novella development, right on the cusp on Manchester city centre, with incredible transport links, nearby hotspots, and top-quality amenities on-site. This apartment features a spacious, open-plan corner kitchen and living room layout, two generous bedrooms, and a shared bathroom. Situated on the 12th floor, the apartment looks out onto the River Irwell and across Manchester's growing skyline.

Location -

Novella offers superb connectivity, with Salford Central station only a 7 minute walk away, as well as tram and bus stops dotted around the city. The development backs directly onto the River Irwell, providing serene surroundings whilst still being in the heart of the city. You're only a stones throw away from Spinningfield, the city's financial district, with ample job opportunities, high level restaurants, shops, and more. Nearby you'll also find top entertainment spots, like padel courts, the Crystal Maze, and the Science and Industry Museum.

Amenities -

Within the development, resident's have access to a host of amenities: a fully-equipped gym, wellness studio, 6th floor podium gardens, 24/7 concierge, co-working space, private dining space, parcel and bike storage.

Why Orlando Reid? -

We’ve been in the field for 15 years, and as an independently-owned, award-winning consultancy, we’ve watched the growth of Manchester with our own eyes. Unlike other agencies, we put people first. No matter what you’re looking for, our experts are on hand to find the home or investment that’s just perfect for you.

Listed by

Manchester

Orlando Reid

Reference: 163332335

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Listed for sale £362,000

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
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 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
32 APARTMENT 1010 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
29 APARTMENT 209 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN £230,000 20/10/2023 Flat
32 APARTMENT 412 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ £180,000 20/10/2023 Flat
29 APARTMENT 1305 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP £265,000 10/07/2023 Flat
6 APARTMENT 1028 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AF £250,000 16/06/2023 Flat
32 APARTMENT 1007 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5GD £192,000 16/06/2023 Flat
THE BAYLEY, 21 APARTMENT 52 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX £105,000 13/04/2023 Flat
THE BAYLEY, 21 APARTMENT 50 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5AX £115,000 13/04/2023 Flat
32 APARTMENT 603 QUAY STREET, SALFORD, GREATER MANCHESTER, M3 5FZ £298,000 16/01/2023 Flat

Area average: £238,800 (20 sales)

Capital growth trend

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

5y growth -3.8%
10y growth 27.8%

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

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

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 Central Greater Manchester: £873/mo (Apr 2025 – Mar 2026)

Location

Address

Stanley Street

Nearby

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

Type Name Distance
Shop Tesco Express 0.0 miles
Bus stop Salford, New Bailey Street / Salford Station (Stop WV) 0.1 miles
Bus stop Manchester City Centre, Bridge Street (Stop WW) 0.1 miles
Train station Salford Central 0.1 miles
Shop Bop DJ 0.1 miles
Train station Deansgate 0.6 miles
University University of Law 0.6 miles
University UCEN Manchester (City Campus) 0.6 miles
Hospital Salford Gastric Bypass Surgery 1.7 miles
Hospital Manchester Royal Infirmary 1.7 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
Abbey College Manchester Other 0.4 miles (No rating)
St Philip's CofE Primary School Primary 0.4 miles Good — 19 Oct 2023
The Cathedral School of St Peter and St John RC Primary Primary 0.5 miles Good — 10 Jul 2022
Chetham's School of Music Other 0.5 miles (No rating)
The Friars Primary School Primary 0.5 miles Good — 24 Apr 2024

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, Dearmans Place, M3 £1,350/mo 2 0.1 miles OpenRent

Average rent: £1,350/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.37%
Max investor price (0.8%) £168,750
Target investor price (1%) £135,000
Gross yield 4.5%
Cost-to-rent ratio 22.3×
Monthly cashflow £-236/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -2.7%
  • 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).

Enter House Number

Enter the house number to help us retrieve more accurate pricing history and property data.

Please log in to submit or correct the house number for this listing.

Log in to continue