Stanley St
Manchester, M3 5FS
£362,000
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
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
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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).
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 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 — 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).
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