# 2 bedroom apartment for sale (M5 4BQ) ## Property Details | Key | Value | |-----|-------| | Address | Railings, Middlewood Locks, M5, M5 4BQ | | Price | £358,000 | | Bedrooms | 2 | | Bathrooms | 2 | ## Description Middlewood Locks is an award-winning canalside neighbourhood with a community of over 2,600 people enjoying living in their homes. Railings is the third phase of new homes, which are ready to move in now! Apartment 908 is a generous two-bedroom apartment located on the ninth floor and enjoys views of the private residents' garden. The apartment benefits from a balcony, and the full-height glazing ensures there is plenty of natural light. The open plan layout feels spacious, airy, and the apartment is finished to a very high specification. The contemporary Pronorm kitchen is fitted with handle-less wall and base-mounted units finished with a Quartz worktop and splashback. Integrated Bosch appliances, including induction hob, oven, fridge freezer, dishwasher, undermount sink with chrome mixer tap and a freestanding Indesit washer/dryer in a separate utility cupboard are included. The apartment is fitted with luxury vinyl flooring throughout the living, kitchen and utility areas, fitted carpets to the bedrooms and Porcelain floor tiles to the bathrooms. The second double bedroom has a contemporary white fitted wardrobe and full height window with views of the private residents' garden. The apartment also benefits from a stylish Jack and Jill bathroom, creating an en-suite to the second bedroom. The bathroom is fitted with Vitra white wall-hung basin and toilet with Hansgrohe brassware, a white enamel bath with Hansgrohe shower overhead, a fixed shower screen, partially ceramic tiled walls, a mirrored bathroom cabinet with LED downlighters above the sink, a heated towel rail and recessed LED spot lighting. The master bedroom benefits from a walk-in dressing area with double fitted wardrobes. The lovely en-suite bathroom features a walk-in rain shower with a fixed shower screen, Vitra white wall hung basin and toilet with Hansgrohe brassware, partially ceramic tiled walls, a mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting. The apartment is available for sale on a 999-year lease, and the ground rent is peppercorn. ** PLEASE NOTE ALL INTERNAL IMAGES ARE OF THE RAILINGS SHOW APARTMENT AND NOT OF 908 ** ## Property Photos - ![Childrens play](/listings/photos/173878640/595386) - Childrens play - ![Coffee shop](/listings/photos/173878640/595388) - Coffee shop - ![Canalside homes](/listings/photos/173878640/595390) - Canalside homes - ![Open plan livingroom](/listings/photos/173878640/595393) - Open plan livingroom - ![Full height glazing](/listings/photos/173878640/595395) - Full height glazing - ![Living room](/listings/photos/173878640/595397) - Living room - ![Master bedroom](/listings/photos/173878640/595399) - Master bedroom - ![Open plan](/listings/photos/173878640/595400) - Open plan - ![High spec kitchen](/listings/photos/173878640/595402) - High spec kitchen - ![Kitchen appliances](/listings/photos/173878640/595404) - Kitchen appliances - ![Main bathroom](/listings/photos/173878640/595407) - Main bathroom - ![Ensuite](/listings/photos/173878640/595408) - Ensuite - ![Atrium](/listings/photos/173878640/595410) - Atrium - ![Parcel lockers](/listings/photos/173878640/595412) - Parcel lockers ## Floorplans - ![Floorplan 1](/listings/photos/173878640/595414) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/173878640/595416) - EPC 1 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | FUSION 2, 16 APARTMENT 2 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £165,000 | 12/12/2025 | Flat | | FUSION 5, 10 APARTMENT 5 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £123,000 | 18/11/2025 | Flat | | 30 APARTMENT 517 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £190,000 | 20/10/2025 | Flat | | 30 APARTMENT 902 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £280,000 | 01/10/2024 | Flat | | 30 APARTMENT 312 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £259,995 | 28/02/2024 | Flat | | 30 APARTMENT 108 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £305,000 | 19/12/2023 | Flat | | 30 APARTMENT 712 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £192,995 | 14/12/2023 | Flat | | 30 APARTMENT 1004 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £194,995 | 30/11/2023 | Flat | | FUSION 6, 8 APARTMENT 20 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LN | £145,000 | 24/11/2023 | Flat | | 30 APARTMENT 806 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £192,000 | 07/11/2023 | Flat | | 30 APARTMENT 616 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £199,995 | 02/11/2023 | Flat | | 30 APARTMENT 310 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £260,000 | 30/10/2023 | Flat | | 1 APARTMENT 705 LOCKGATE SQUARE, SALFORD, GREATER MANCHESTER, M5 4YU | £190,000 | 23/10/2023 | Flat | | FUSION 3, 14 APARTMENT 10 MIDDLEWOOD STREET, SALFORD, GREATER MANCHESTER, M5 4LW | £140,000 | 20/10/2023 | Flat | | 30 APARTMENT 103 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £250,000 | 13/10/2023 | Flat | | 30 APARTMENT 207 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £264,995 | 13/10/2023 | Flat | | 30 APARTMENT 1201 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZQ | £185,995 | 13/10/2023 | Flat | | 30 APARTMENT 808 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £339,995 | 12/10/2023 | Flat | | 30 UNIT G04 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZL | £339,990 | 11/10/2023 | Flat | | 30 APARTMENT 803 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4ZP | £275,000 | 27/09/2023 | Flat | **Area average:** £224,698 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £206,700 (69 Flat, M5, 2024–2026) - **Deviation:** +73.2% ## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £549/mo ## 1% Rule - **Rent ratio:** 0.32% (weak for cashflow) - **Max investor price (0.8%):** £145,250 - **Target investor price (1%):** £116,200 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -1.8% - **10y growth:** 30.4% ## 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)