For sale Flat

173 LABRADOR QUAY

SALFORD, GREATER MANCHESTER M50 3YH

2 beds 1 baths 603 sq ft Listed 11 Aug 2026 (-80d)

£210,000

Reduced on 22 Sep 2026 · Was £220,000

Save

# 2 bedroom apartment for sale (M50 3YH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 173 LABRADOR QUAY, SALFORD, GREATER MANCHESTER M50 3YH |
| Price | £210,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 56 m² |
| Last sold | £185,950 Jan 2018 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 26/11/2033
- **Current heating cost:** £567/year
- **Est. upgrade cost to C:** £225

### Recommendations
- A (£100 - £350)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8319-1187-1002-0429-1296)

## Description

Positioned along Labrador Quay in the M50 postcode area, this 2-bedroom, 1-bathroom apartment offers bright residential accommodation set directly along the waterfront.

Fantastic opportunity to purchase a vacant, recently decorated property in the heart of Salford Quays.

The main living area provides space for seating and dining, naturally lit by double doors opening onto a Juliet balcony that looks directly out over the water and surrounding development. Positioned off the reception room via an open archway, the kitchen is fitted with storage cabinetry, counter space, an integrated oven, gas hob, and designated space for standalone appliances.

Both bedrooms offer flexible layouts for storage and sleeping arrangements, while the main bathroom comprises a classic three-piece suite, complete with a wash hand basin, WC, and bath with an overhead shower attachment.

Early viewing is recommended to appreciate the setting and location of this property. Ideal for owner occupiers and investors alike.

In accordance with UK Anti-Money Laundering Regulations, Lawrence Copeland is required to verify the identity of all purchasers. Identity checks are carried out by an independent third-party provider and are subject to a fee of **£30 + VAT (£36 inc. VAT) per person**, payable by the purchaser. This fee is non-refundable. A Memorandum of Sale cannot be issued until these checks have been completed. Proof of funds and solicitor details will also be required.

## Property Photos

- ![Photo](/listings/photos/91877934/1946149)
- ![Photo](/listings/photos/91877934/1946150)
- ![Photo](/listings/photos/91877934/1946151)
- ![Photo](/listings/photos/91877934/1946152)
- ![Photo](/listings/photos/91877934/1946153)
- ![Photo](/listings/photos/91877934/1946154)
- ![Photo](/listings/photos/91877934/1946155)
- ![Photo](/listings/photos/91877934/1946156)
- ![Photo](/listings/photos/91877934/1946157)
- ![Photo](/listings/photos/91877934/1946158)
- ![Photo](/listings/photos/91877934/1946159)
- ![Photo](/listings/photos/91877934/1946160)

## Floorplans

- ![Floorplan 1](/listings/photos/91877934/1946161) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/91877934/1946162) - EPC

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 173 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £185,950 | 05/01/2018 | 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 |
|---------|-------|------|------|
| MILLENNIUM TOWER, 250 APARTMENT 402 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SA | £150,000 | 01/12/2025 | Flat |
| MILLENNIUM POINT, 254 APARTMENT 404 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE | £185,000 | 14/11/2025 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 507 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SA | £105,000 | 12/11/2025 | Flat |
| [Same street] 67 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £210,000 | 07/11/2025 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 1804 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £250,000 | 30/11/2023 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 1801 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £190,000 | 24/11/2023 | Flat |
| MILLENNIUM POINT, 254 APARTMENT 309 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE | £140,000 | 20/11/2023 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 1106 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £119,388 | 17/11/2023 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 1203 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £230,000 | 17/11/2023 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 1501 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £168,500 | 27/10/2023 | Flat |
| 70 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XU | £238,500 | 18/10/2023 | Flat |
| 76 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XU | £198,000 | 05/10/2023 | Flat |
| NORTHILL APARTMENTS, 65 APARTMENT 602 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DJ | £147,779 | 07/09/2023 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 2005 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £430,000 | 04/08/2023 | Flat |
| MILLENNIUM POINT, 254 APARTMENT 805 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE | £252,000 | 27/07/2023 | Flat |
| NORTHILL APARTMENTS, 65 APARTMENT 1406 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DN | £155,500 | 23/06/2023 | Flat |
| NORTHILL APARTMENTS, 65 APARTMENT 2610 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DP | £197,500 | 13/06/2023 | Flat |
| [Same street] 171 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £210,000 | 09/05/2023 | Flat |
| 72 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XU | £257,000 | 28/04/2023 | Flat |
| NORTHILL APARTMENTS, 65 APARTMENT 805 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DL | £179,995 | 27/03/2023 | Flat |
| MILLENNIUM POINT, 254 APARTMENT 507 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE | £170,000 | 10/03/2023 | Flat |
| MILLENNIUM TOWER, 250 APARTMENT 1603 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB | £250,000 | 22/12/2022 | Flat |
| [Same street] 43 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £212,000 | 16/12/2022 | Flat |
| [Same street] 119 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £255,000 | 17/11/2022 | Flat |
| [Same street] 165 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £230,000 | 16/09/2022 | Flat |
| [Same street] 65 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH | £200,000 | 15/02/2022 | Flat |

**Street average:** £219,500 (6 sales)
**Area average:** £200,708 (20 sales)

## Price vs local average

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

- **Local average:** £201,225 (56 Flat, M50, 2024–2026)
- **Deviation:** +4.4%

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,056/mo
- **Realistic:** £1,173/mo
- **Optimistic:** £1,290/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

## 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, Furness Quay, M50 | £2,295/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, St Lawrence Quay, M50 | £1,250/mo | 2 | 0.1 miles | OpenRent |
| 2 Bed Terraced House, Napier Green, M5 | £1,450/mo | 2 | 0.32 miles | OpenRent |
| 2 Bed Flat, Brindley House, M5 | £1,195/mo | 2 | 0.33 miles | OpenRent |
| 2 Bed Flat, Elmira Way, M5 | £1,100/mo | 2 | 0.35 miles | OpenRent |
| 2 Bed Flat, Taylorson Street South, M5 | £1,280/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Kielder Square, M5 | £1,400/mo | 2 | 0.51 miles | OpenRent |

**Average rent: £1,424/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.61% (weak for cashflow)
- **Max investor price (0.8%):** £160,000
- **Target investor price (1%):** £128,000

*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 £1,280/mo).*

- **Gross yield:** 7.3%
- **Cost-to-rent:** 13.7×
- **Monthly cashflow:** £300/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.9%

*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:** £3,750/m²

## Capital growth trend

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

- **5y growth:** 44.8%
- **10y growth:** 8.9%

## House Price Index (HM Land Registry)

*Official index for Salford; Flats and maisonettes series; as of July 2026.*

- **1y growth (index):** -2.8%
- **5y growth (index):** 9.6%
- **10y growth (index):** 57.3%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

56 m²

Council tax band

EPC rating

Year built

England and Wales: 1996-2002

Last sold

£185,950 Jan 2018

Price per m²

£3,750/m²

Local average

£201,225 (+4.4%)

Street crime

0 incidents within 1 mile (Aug 2026)

Key features

Residents Parking
2-bedroom waterfront apartment
Main reception area with Juliet balcony
Direct views overlooking the water
Situated in a prime Salford Quays location within easy reach of local amenities and transport links

Additional details

Broadband: ADSL copper wire
Parking: Yes
Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

Positioned along Labrador Quay in the M50 postcode area, this 2-bedroom, 1-bathroom apartment offers bright residential accommodation set directly along the waterfront.

Fantastic opportunity to purchase a vacant, recently decorated property in the heart of Salford Quays.

The main living area provides space for seating and dining, naturally lit by double doors opening onto a Juliet balcony that looks directly out over the water and surrounding development. Positioned off the reception room via an open archway, the kitchen is fitted with storage cabinetry, counter space, an integrated oven, gas hob, and designated space for standalone appliances.

Both bedrooms offer flexible layouts for storage and sleeping arrangements, while the main bathroom comprises a classic three-piece suite, complete with a wash hand basin, WC, and bath with an overhead shower attachment.

Early viewing is recommended to appreciate the setting and location of this property. Ideal for owner occupiers and investors alike.

In accordance with UK Anti-Money Laundering Regulations, Lawrence Copeland is required to verify the identity of all purchasers. Identity checks are carried out by an independent third-party provider and are subject to a fee of £30 + VAT (£36 inc. VAT) per person, payable by the purchaser. This fee is non-refundable. A Memorandum of Sale cannot be issued until these checks have been completed. Proof of funds and solicitor details will also be required.

Listed by

Salford

The Property Franchise Group

Reference: 91877934

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 27/11/2023

Expiry date: 26/11/2033

Current heating cost: £567/year

Potential heating cost: £520/year

Est. upgrade cost to C: £225

Recommendations

Increase loft insulation to 270 mm (£100 - £350)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~179,156 m² (44.27 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

EPC Graphs

EPC

Price history

Event	Date	Price	% change
Listed for sale	—	£210,000	+12.9%
Sold	05/01/2018 (8 years ago)	£185,950	—

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
MILLENNIUM TOWER, 250 APARTMENT 402 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SA	£150,000	01/12/2025	Flat
MILLENNIUM POINT, 254 APARTMENT 404 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE	£185,000	14/11/2025	Flat
MILLENNIUM TOWER, 250 APARTMENT 507 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SA	£105,000	12/11/2025	Flat
Same street 67 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH	£210,000	07/11/2025	Flat
MILLENNIUM TOWER, 250 APARTMENT 1804 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£250,000	30/11/2023	Flat
MILLENNIUM TOWER, 250 APARTMENT 1801 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£190,000	24/11/2023	Flat
MILLENNIUM POINT, 254 APARTMENT 309 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE	£140,000	20/11/2023	Flat
MILLENNIUM TOWER, 250 APARTMENT 1106 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£119,388	17/11/2023	Flat
MILLENNIUM TOWER, 250 APARTMENT 1203 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£230,000	17/11/2023	Flat
MILLENNIUM TOWER, 250 APARTMENT 1501 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£168,500	27/10/2023	Flat
70 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XU	£238,500	18/10/2023	Flat
76 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XU	£198,000	05/10/2023	Flat
NORTHILL APARTMENTS, 65 APARTMENT 602 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DJ	£147,779	07/09/2023	Flat
MILLENNIUM TOWER, 250 APARTMENT 2005 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£430,000	04/08/2023	Flat
MILLENNIUM POINT, 254 APARTMENT 805 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE	£252,000	27/07/2023	Flat
NORTHILL APARTMENTS, 65 APARTMENT 1406 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DN	£155,500	23/06/2023	Flat
NORTHILL APARTMENTS, 65 APARTMENT 2610 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DP	£197,500	13/06/2023	Flat
Same street 171 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH	£210,000	09/05/2023	Flat
72 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XU	£257,000	28/04/2023	Flat
NORTHILL APARTMENTS, 65 APARTMENT 805 FURNESS QUAY, SALFORD, GREATER MANCHESTER, M50 3DL	£179,995	27/03/2023	Flat
MILLENNIUM POINT, 254 APARTMENT 507 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SE	£170,000	10/03/2023	Flat
MILLENNIUM TOWER, 250 APARTMENT 1603 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3SB	£250,000	22/12/2022	Flat
Same street 43 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH	£212,000	16/12/2022	Flat
Same street 119 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH	£255,000	17/11/2022	Flat
Same street 165 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH	£230,000	16/09/2022	Flat
Same street 65 LABRADOR QUAY, SALFORD, GREATER MANCHESTER, M50 3YH	£200,000	15/02/2022	Flat

Street average: £219,500 (6 sales)

Area average: £200,708 (20 sales)

Capital growth trend

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

5y growth 44.8%

10y growth 8.9%

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

1y (index) -2.8%

5y (index) 9.6%

10y (index) 57.3%

Rental Range

Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,056/mo

Realistic £1,173/mo

Optimistic £1,290/mo

Based on Local Authority from postcode lookup → Salford.

LHA (30th percentile) floor for Central Greater Manchester: £873/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M50 3YH

Address

Labrador Quay

Nearby

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

Type	Name	Distance
Bus stop	The Quays/Ontario Basin	0.1 miles
Shop	Sainsbury's Local	0.2 miles
Shop	Aldi	0.2 miles
Hospital	Salford Gastric Bypass Surgery	1.0 miles
Train station	Salford Crescent	1.0 miles
Train station	Salford Central	1.5 miles
University	Manchester Metropolitan University	1.9 miles
University	University of Law	2.0 miles
Hospital	The Ailsa Craig Medical Practise	3.5 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during Aug 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
Oasis Academy MediaCityUK	Secondary	0.2 miles	Good — 1 Jul 2016
Thompsons Academy trading as Navigators	Other	0.3 miles	— (No rating)
St Joseph's RC Primary School	Primary	0.4 miles	Good — 24 May 2022
AldridgeUTC@MediaCityUK	Secondary	0.4 miles	Good — 27 Apr 2023
Primrose Hill Primary School and Children's Centre	Primary	0.5 miles	Good — 30 Jun 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
2 Bed Flat, Furness Quay, M50	£2,295/mo	2	0.09 miles	OpenRent
2 Bed Flat, St Lawrence Quay, M50	£1,250/mo	2	0.1 miles	OpenRent
2 Bed Terraced House, Napier Green, M5	£1,450/mo	2	0.32 miles	OpenRent
2 Bed Flat, Brindley House, M5	£1,195/mo	2	0.33 miles	OpenRent
2 Bed Flat, Elmira Way, M5	£1,100/mo	2	0.35 miles	OpenRent
2 Bed Flat, Taylorson Street South, M5	£1,280/mo	2	0.43 miles	OpenRent
2 Bed Flat, Kielder Square, M5	£1,400/mo	2	0.51 miles	OpenRent

Average rent: £1,424/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.61%

Max investor price (0.8%) £160,000

Target investor price (1%) £128,000

Gross yield 7.3%

Cost-to-rent ratio 13.7×

Monthly cashflow £300/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 5.9%

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).