Sold Flat

Manchester Investment Flat

M3 5JT

1 beds 1 baths Listed 30 Mar 2026 (-71d)

£199,950

Offers in Region of

Reduced on 30 Mar 2026

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# 1 bedroom apartment for sale (M3 5JT)

## Property Details

| Key | Value |
|-----|-------|
| Address | Manchester Investment Flat, M3 5JT |
| Price | £199,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £139,500 |

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

The investment

Located in Manchester's ever-popular M3 district, this newly completed development presents an outstanding investment opportunity, delivering strong return potential.

The location

Positioned within the highly sought-after M3 postcode, the development benefits from close proximity to a range of major employers, key transport links, and Manchester's dynamic city centre. This prime location makes the apartments especially attractive to young professionals and long-term renters.

The apartments

Each apartment features high-spec finishes and an ergonomic layout designed to optimise space and natural light. Fully furnished to an excpetional standard, the open-plan living areas flow seamlessly into a contemporary integrated kitchen, creating a stylish and practical environment for residents.

Want to find out more?

Enquire today to receive a full digital brochure, apartment floor plans, and a full investment breakdown."

## Property Photos

- ![Photo](/listings/photos/173905427/100355)
- ![Photo](/listings/photos/173905427/100356)
- ![Photo](/listings/photos/173905427/100357)
- ![Photo](/listings/photos/173905427/100358)
- ![Photo](/listings/photos/173905427/100359)
- ![Photo](/listings/photos/173905427/100360)
- ![Photo](/listings/photos/173905427/100361)
- ![Photo](/listings/photos/173905427/100362)
- ![Photo](/listings/photos/173905427/100363)
- ![Photo](/listings/photos/173905427/100364)

## Floorplans

- ![Floorplan 1](/listings/photos/173905427/100365) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £139,500 | 01/01/2009 | — |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| VIMTO GARDENS APARTMENT 204 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF | £291,000 | 19/12/2025 | Flat |
| BLOCK C, 14 APARTMENT 411 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £220,000 | 11/12/2025 | Flat |
| BLOCK A, 2 APARTMENT 902 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZD | £240,000 | 10/12/2025 | Flat |
| THE ROYAL 220 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £108,000 | 01/12/2023 | Flat |
| THE ROYAL 30 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £160,000 | 01/12/2023 | Flat |
| BLOCK B, 4 APARTMENT 2003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £390,000 | 20/09/2023 | Flat |
| BLOCK A, 2 APARTMENT 605 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £270,000 | 31/08/2023 | Flat |
| 272 FLAT 8D CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JZ | £48,000 | 17/03/2023 | Flat |
| 272 UNIT 4S1 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JZ | £58,000 | 17/03/2023 | Flat |
| BLOCK B, 4 APARTMENT 2005 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £229,500 | 10/03/2023 | Flat |
| BLOCK B, 4 APARTMENT 003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £240,000 | 06/03/2023 | Flat |
| THE ROYAL 246 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 20/12/2022 | Flat |
| BLOCK A, 2 APARTMENT 502 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £245,000 | 19/12/2022 | Flat |
| 8 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZA | £423,023 | 09/12/2022 | Flat |
| THE ROYAL 237 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 02/12/2022 | Flat |
| VIMTO GARDENS APARTMENT 207 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF | £183,500 | 01/12/2022 | Flat |
| BLOCK C, 14 APARTMENT 418 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £240,000 | 21/11/2022 | Flat |
| BLOCK A, 2 APARTMENT 705 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £290,000 | 24/10/2022 | Flat |
| BLOCK C, 14 APARTMENT 420 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £194,750 | 18/10/2022 | Flat |
| THE ROYAL 31 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £152,000 | 10/10/2022 | Flat |

**Area average:** £211,139 (20 sales)

## Price vs local average

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

- **Local average:** £285,168 (345 Flat, M3, 2024–2026)
- **Deviation:** -29.9%

## 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 Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/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, Chapel St, M3 | £1,200/mo | 1 | 0.4 miles | OpenRent |
| 1 Bed Flat, Leftbank, M3 | £1,150/mo | 1 | 0.41 miles | OpenRent |
| 1 Bed Flat, Queen Way, M3 | £1,150/mo | 1 | 0.45 miles | OpenRent |
| Studio Flat, Clowes Street, M3 | £995/mo | 1 | 0.6 miles | OpenRent |

**Average rent: £1,124/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £143,750
- **Target investor price (1%):** £115,000

*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 £1,150/mo).*

- **Gross yield:** 6.9%
- **Cost-to-rent:** 14.5×
- **Monthly cashflow:** £223/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.6%

*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:** 14.9%
- **10y growth:** 48.2%

## House Price Index (HM Land Registry)

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

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

## 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

Last sold

£139,500

Local average

£285,168 (-29.9%)

Deprivation

Decile 4 (10,708 of 33,755)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

Completed 1-Bed Manhattan in Prime Manchester Area
6% Rental Returns
Modern Open-Plan Living Space
Sleek Integrated Appliances
Minimum 35% Deposit Required
Robust Capital Growth Potential
Located in Ancoats - High Growth Postcode
Award-Winning Developer
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

The investment
Located in Manchester's ever-popular M3 district, this newly completed development presents an outstanding investment opportunity, delivering strong return potential.

The location
Positioned within the highly sought-after M3 postcode, the development benefits from close proximity to a range of major employers, key transport links, and Manchester's dynamic city centre. This prime location makes the apartments especially attractive to young professionals and long-term renters.

The apartments
Each apartment features high-spec finishes and an ergonomic layout designed to optimise space and natural light. Fully furnished to an excpetional standard, the open-plan living areas flow seamlessly into a contemporary integrated kitchen, creating a stylish and practical environment for residents.

Want to find out more?
Enquire today to receive a full digital brochure, apartment floor plans, and a full investment breakdown."

Listed by

London

RW Invest North Ltd

Reference: 173905427

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	01/01/2009 (17 years ago)	£139,500	—

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
VIMTO GARDENS APARTMENT 204 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF	£291,000	19/12/2025	Flat
BLOCK C, 14 APARTMENT 411 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH	£220,000	11/12/2025	Flat
BLOCK A, 2 APARTMENT 902 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZD	£240,000	10/12/2025	Flat
THE ROYAL 220 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE	£108,000	01/12/2023	Flat
THE ROYAL 30 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP	£160,000	01/12/2023	Flat
BLOCK B, 4 APARTMENT 2003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF	£390,000	20/09/2023	Flat
BLOCK A, 2 APARTMENT 605 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB	£270,000	31/08/2023	Flat
272 FLAT 8D CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JZ	£48,000	17/03/2023	Flat
272 UNIT 4S1 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JZ	£58,000	17/03/2023	Flat
BLOCK B, 4 APARTMENT 2005 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF	£229,500	10/03/2023	Flat
BLOCK B, 4 APARTMENT 003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE	£240,000	06/03/2023	Flat
THE ROYAL 246 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE	£120,000	20/12/2022	Flat
BLOCK A, 2 APARTMENT 502 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB	£245,000	19/12/2022	Flat
8 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZA	£423,023	09/12/2022	Flat
THE ROYAL 237 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE	£120,000	02/12/2022	Flat
VIMTO GARDENS APARTMENT 207 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF	£183,500	01/12/2022	Flat
BLOCK C, 14 APARTMENT 418 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH	£240,000	21/11/2022	Flat
BLOCK A, 2 APARTMENT 705 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB	£290,000	24/10/2022	Flat
BLOCK C, 14 APARTMENT 420 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH	£194,750	18/10/2022	Flat
THE ROYAL 31 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP	£152,000	10/10/2022	Flat

Area average: £211,139 (20 sales)

Capital growth trend

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

5y growth 14.9%

10y growth 48.2%

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: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 5JT

Address

365 Chapel Street

Nearby

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

Type	Name	Distance
Shop	365 convenience store	0.0 miles
Shop	Gents Salon	0.0 miles
Bus stop	Oldfield Road/Adelphi Post Office	0.0 miles
Train station	Salford Central	0.3 miles
University	University of Salford Peel Park Campus	0.5 miles
Train station	Salford Crescent	0.5 miles
University	Unknown	0.6 miles
Hospital	Salford Gastric Bypass Surgery	1.3 miles
Hospital	Braeburn House	1.4 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
St Philip's CofE Primary School	Primary	0.1 miles	Good — 19 Oct 2023
University of Salford	Other	0.3 miles	— (No rating)
The Cathedral School of St Peter and St John RC Primary	Primary	0.3 miles	Good — 10 Jul 2022
The Friars Primary School	Primary	0.5 miles	Good — 24 Apr 2024
St Paul's CofE Primary School	Primary	0.6 miles	Good — 9 Jun 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
1 Bed Flat, Chapel St, M3	£1,200/mo	1	0.4 miles	OpenRent
1 Bed Flat, Leftbank, M3	£1,150/mo	1	0.41 miles	OpenRent
1 Bed Flat, Queen Way, M3	£1,150/mo	1	0.45 miles	OpenRent
Studio Flat, Clowes Street, M3	£995/mo	1	0.6 miles	OpenRent

Average rent: £1,124/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%

Max investor price (0.8%) £143,750

Target investor price (1%) £115,000

Gross yield 6.9%

Cost-to-rent ratio 14.5×

Monthly cashflow £223/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4.6%

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).