For sale Flat

APARTMENT 48

THE GALLERY, 26, BLACKFRIARS STREET, SALFORD, SALFORD, GREATER MANCHESTER M3 5JS

2 beds 1 baths Listed 5 Aug 2026 (-19d)

£130,000

Guide Price

Reduced on 18 Aug 2026 · Was £140,000

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# 2 bedroom apartment for sale (M3 5JS)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 48, THE GALLERY, 26, BLACKFRIARS STREET, SALFORD, SALFORD, GREATER MANCHESTER M3 5JS |
| Price | £130,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | TBC |
| Last sold | £176,800 Jan 2004 |

## Description

A two bedroom apartment, occupying a prime position on the fringe of Manchester city centre in Salford with strong tenant demand and outstanding commuter connectivity.

The property provides well proportioned accommodation including an open-plan living area and kitchen, two bedrooms and a bathroom, creating modern, low-maintenance living ideally suited to professionals and commuters.

The apartment is ideally located within walking distance of Manchester city centre, Spinningfields, Deansgate and a wide range of shops, restaurants, bars and leisure facilities. The area has benefited from significant regeneration and remains one of Greater Manchester's most sought-after locations for city living. Transport links are excellent, with Salford Central railway station approximately 0.4 miles away and Victoria Station around 0.7 miles away, providing extensive rail and Metrolink services across the region and beyond. The property also benefits from convenient access to the Inner Ring Road and wider motorway network.

## Property Photos

- ![Picture No. 35](/listings/photos/91651269/1914985) - Picture No. 35
- ![Picture No. 36](/listings/photos/91651269/1914986) - Picture No. 36
- ![Picture No. 37](/listings/photos/91651269/1914987) - Picture No. 37
- ![Picture No. 38](/listings/photos/91651269/1914988) - Picture No. 38
- ![Picture No. 39](/listings/photos/91651269/1914989) - Picture No. 39
- ![Picture No. 40](/listings/photos/91651269/1914990) - Picture No. 40
- ![Picture No. 41](/listings/photos/91651269/1914991) - Picture No. 41
- ![Picture No. 42](/listings/photos/91651269/1914992) - Picture No. 42

## Floorplans

- ![Floorplan](/listings/photos/91651269/1914993) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/91651269/1914994) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE GALLERY, 26 APARTMENT 48 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5JS | £176,800 | 27/01/2004 | 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 |
|---------|-------|------|------|
| THE EDGE 245 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG | £141,000 | 12/12/2025 | Flat |
| THE EDGE 267 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG | £140,000 | 12/12/2025 | Flat |
| THE EDGE 174 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £270,000 | 21/10/2025 | Flat |
| THE EDGE 20 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £368,000 | 31/03/2025 | Flat |
| THE EDGE 41 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £155,000 | 28/02/2025 | Flat |
| THE EDGE 33 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £197,500 | 22/11/2024 | Flat |
| THE EDGE 16 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £230,000 | 14/10/2024 | Flat |
| THE EDGE 14 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £203,000 | 25/09/2024 | Flat |
| THE EDGE 27 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £280,000 | 26/02/2024 | Flat |
| THE EDGE 214 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £162,500 | 15/12/2023 | Flat |
| THE EDGE 28 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £326,000 | 10/11/2023 | Flat |
| THE GALLERY, 18 APARTMENT 26 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5JR | £246,000 | 04/11/2023 | Flat |
| THE EDGE 235 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £580,000 | 14/07/2023 | Flat |
| THE EDGE 31 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £330,000 | 23/05/2023 | Flat |
| THE EDGE 46 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB | £260,000 | 06/04/2023 | Flat |
| THE EDGE 212 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £330,000 | 20/03/2023 | Flat |
| THE EDGE 182 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF | £156,000 | 16/12/2022 | Flat |
| TEXTILE APARTMENTS, 10 APARTMENT 1 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5BY | £275,000 | 07/12/2022 | Flat |
| THE EDGE 85 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5ND | £268,000 | 18/11/2022 | Flat |
| THE EDGE 112 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NE | £195,000 | 04/11/2022 | Flat |

**Area average:** £255,650 (20 sales)

## Price vs local average

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

- **Local average:** £283,659 (357 Flat, M3, 2024–2026)
- **Deviation:** -54.2%

## Rental Range

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

- **Low:** £1,048/mo
- **Realistic:** £1,164/mo
- **Optimistic:** £1,280/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, Blackfriars Road, M3 | £1,375/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Greengate, M3 | £1,700/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Bankside Boulevard, M3 | £1,950/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Waterhouse Tower, M3 | £1,800/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Waterhouse Tower, M3 | £1,680/mo | 2 | 0.43 miles | OpenRent |
| 2 Bed Flat, Waterhouse Tower, M3 | £1,900/mo | 2 | 0.43 miles | OpenRent |

**Average rent: £1,734/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 1.35% (strong)
- **Max investor price (0.8%):** £218,750
- **Target investor price (1%):** £175,000

*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 £1,750/mo).*

- **Gross yield:** 16.2%
- **Cost-to-rent:** 6.2×
- **Monthly cashflow:** £1,038/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 33%

*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).*

## Capital growth trend

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

- **5y growth:** -16.2%
- **10y growth:** 29.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -8.8%
- **5y growth (index):** 16.5%
- **10y growth (index):** 66.3%

## 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)

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD

Council tax band

TBC

Last sold

£176,800 Jan 2004

Local average

£283,659 (-54.2%)

Deprivation

Decile 6 (20,211 of 33,755)

Street crime

6 incidents within 1 mile (Jun 2026)

Key features

FOR SALE BY ONLINE AUCTION
6 WEEKS’ COMPLETION
Two-bedroom apartment
Prime central location
Walking distance to city centre
Strong rental demand

Description

A two bedroom apartment, occupying a prime position on the fringe of Manchester city centre in Salford with strong tenant demand and outstanding commuter connectivity.

The property provides well proportioned accommodation including an open-plan living area and kitchen, two bedrooms and a bathroom, creating modern, low-maintenance living ideally suited to professionals and commuters.

The apartment is ideally located within walking distance of Manchester city centre, Spinningfields, Deansgate and a wide range of shops, restaurants, bars and leisure facilities. The area has benefited from significant regeneration and remains one of Greater Manchester's most sought-after locations for city living. Transport links are excellent, with Salford Central railway station approximately 0.4 miles away and Victoria Station around 0.7 miles away, providing extensive rail and Metrolink services across the region and beyond. The property also benefits from convenient access to the Inner Ring Road and wider motorway network.

Listed by

Fallowfield

Leaders and Romans Group

Reference: 91651269

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

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): ~1,353 m² (0.33 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Listed for sale	—	£130,000	-26.5%
Sold	27/01/2004 (22 years ago)	£176,800	—

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
THE EDGE 245 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG	£141,000	12/12/2025	Flat
THE EDGE 267 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NG	£140,000	12/12/2025	Flat
THE EDGE 174 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£270,000	21/10/2025	Flat
THE EDGE 20 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£368,000	31/03/2025	Flat
THE EDGE 41 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£155,000	28/02/2025	Flat
THE EDGE 33 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£197,500	22/11/2024	Flat
THE EDGE 16 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£230,000	14/10/2024	Flat
THE EDGE 14 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£203,000	25/09/2024	Flat
THE EDGE 27 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£280,000	26/02/2024	Flat
THE EDGE 214 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£162,500	15/12/2023	Flat
THE EDGE 28 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£326,000	10/11/2023	Flat
THE GALLERY, 18 APARTMENT 26 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5JR	£246,000	04/11/2023	Flat
THE EDGE 235 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£580,000	14/07/2023	Flat
THE EDGE 31 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£330,000	23/05/2023	Flat
THE EDGE 46 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NB	£260,000	06/04/2023	Flat
THE EDGE 212 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£330,000	20/03/2023	Flat
THE EDGE 182 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NF	£156,000	16/12/2022	Flat
TEXTILE APARTMENTS, 10 APARTMENT 1 BLACKFRIARS STREET, SALFORD, GREATER MANCHESTER, M3 5BY	£275,000	07/12/2022	Flat
THE EDGE 85 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5ND	£268,000	18/11/2022	Flat
THE EDGE 112 CLOWES STREET, SALFORD, GREATER MANCHESTER, M3 5NE	£195,000	04/11/2022	Flat

Area average: £255,650 (20 sales)

Capital growth trend

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

5y growth -16.2%

10y growth 29.8%

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

1y (index) -8.8%

5y (index) 16.5%

10y (index) 66.3%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: GREENFIELDS FAMILY INVESTMENT COMPANY LIMITED (08159313)

Rental Range

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

Low £1,048/mo

Realistic £1,164/mo

Optimistic £1,280/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 M3 5JS

Address

26 Blackfriars Street

Nearby

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

Type	Name	Distance
Shop	Touched Interiors	0.0 miles
Shop	Tasha Health Massage	0.0 miles
Bus stop	Blackfriars Road/Chapel St	0.1 miles
Bus stop	Victoria Bridge/Chapel Street	0.1 miles
Train station	Salford Central	0.3 miles
University	UCEN Manchester (City Campus)	0.4 miles
Train station	Manchester Victoria	0.4 miles
University	University of Law	0.5 miles
Hospital	Salford Gastric Bypass Surgery	1.9 miles
Hospital	The Ailsa Craig Medical Practise	2.6 miles

Street-level crime

Category	Count
Violence and sexual offences	4
Public order	1
Theft from the person	1
Total incidents	6

Within 1 mile during Jun 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
Chetham's School of Music	Other	0.3 miles	— (No rating)
Abbey College Manchester	Other	0.3 miles	— (No rating)
Digital Advantage	Other	0.4 miles	— (No rating)
The Cooperative College	Other	0.4 miles	— (No rating)
The Cathedral School of St Peter and St John RC Primary	Primary	0.5 miles	Good — 10 Jul 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, Blackfriars Road, M3	£1,375/mo	2	0.21 miles	OpenRent
2 Bed Flat, Greengate, M3	£1,700/mo	2	0.27 miles	OpenRent
2 Bed Flat, Bankside Boulevard, M3	£1,950/mo	2	0.27 miles	OpenRent
2 Bed Flat, Waterhouse Tower, M3	£1,800/mo	2	0.43 miles	OpenRent
2 Bed Flat, Waterhouse Tower, M3	£1,680/mo	2	0.43 miles	OpenRent
2 Bed Flat, Waterhouse Tower, M3	£1,900/mo	2	0.43 miles	OpenRent

Average rent: £1,734/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.35%

Max investor price (0.8%) £218,750

Target investor price (1%) £175,000

Gross yield 16.2%

Cost-to-rent ratio 6.2×

Monthly cashflow £1,038/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 33%

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).