For sale Flat

Salford Quay

Salford, M50 3XW

2 beds 2 baths Listed 16 Apr 2026 (-47d)

£272,000

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Property details

Tenure

LEASEHOLD

Local average

£200,436 (+35.7%)

Street crime

2 incidents within 1 mile (Mar 2026)

Key features

  • Newly Built Development
  • Concierge & Communal Spaces
  • Premium Finishes
  • Open-plan Living Area
  • Walking Distance to Tram & MediaCity
  • Excellent Transport Links
  • Modern 1,2 & 3-bed Apartments
  • Call Us Now / Request Details

Additional details

Garden
Yes

Description

* Your Perfect Home: Salford Quay *
Close to tram | Private balcony | Concierge service | Spacious layout | Rooftop Garden

Experience contemporary living in the heart of Salford Quay, a vibrant waterfront community just moments from MediaCity, The Lowry and the University of Salford. This modern development offers a stunning collection of 1, 2 and 3-bedroom apartments, each designed with high-spec finishes, open-plan layouts, and access to on-site concierge services and a landscaped communal roof terrace.

Key Features:
- 5-min walk to Metrolink; 13-min to City centre
- Roof top garden: views of Manchester's skyline
- Concierge + lockable cycle storage
- Near to tram station & shopping mall
- Perfect for buy-to-let investors

How We Can Help:
Rothmore Property is a multi-award-winning agency, named "Best Estate Agency Single Office in Greater Manchester" and "Best Estate Agency Single Office in the United Kingdom" at the International Property Awards 2024-2025. Our dedicated team is here to support both first-time buyers and investors every step of the way.

Looking for other premium investment opportunities? Contact us today to explore over 60+ new build developments in London and across the UK.

*All property images are for illustrative purposes only.

Listed by

Manchester

Rothmore Invest LTD

Reference: 174543425

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Salford Quays - 2-bed (type CC) - Floorplan.png

Salford Quays - 2-bed (type CC) - Floorplan.png

Price history

Event Date Price % change
Listed for sale £272,000

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
THE EXCHANGE, 8 APARTMENT 215 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3NQ £150,000 19/12/2025 Flat
X Q 7 BUILDING APARTMENT 1121 TAYLORSON STREET SOUTH, SALFORD, GREATER MANCHESTER, M5 3FY £172,500 16/12/2025 Flat
ENDEAVOUR HOUSE, 1B APARTMENT 263 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3LN £137,500 19/11/2025 Flat
X Q 7 BUILDING APARTMENT 500 TAYLORSON STREET SOUTH, SALFORD, GREATER MANCHESTER, M5 3FN £50,000 29/10/2025 Flat
12 TROY WALK, SALFORD, GREATER MANCHESTER, M5 3DF £128,000 07/08/2025 Flat
ADAMSON HOUSE, 4 APARTMENT 38 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DL £180,102 04/12/2023 Flat
EGERTON HOUSE, 3 APARTMENT 36 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DH £175,000 20/10/2023 Flat
ADAMSON HOUSE, 4 APARTMENT 4 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DL £170,000 06/10/2023 Flat
WALKER HOUSE, 6 APARTMENT 43 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DU £163,000 28/07/2023 Flat
GILBERT HOUSE, 2 APARTMENT 11 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DE £180,000 03/05/2023 Flat
WALKER HOUSE, 6 APARTMENT 32 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DU £170,000 16/02/2023 Flat
WALKER HOUSE, 6 APARTMENT 5 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DU £171,250 09/12/2022 Flat
GILBERT HOUSE, 2 APARTMENT 43 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DE £208,000 25/11/2022 Flat
PLATT HOUSE, 5 APARTMENT 30 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DR £188,000 18/11/2022 Flat
GILBERT HOUSE, 2 APARTMENT 34 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DE £203,000 11/11/2022 Flat
WALKER HOUSE, 6 APARTMENT 2 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DU £195,000 14/10/2022 Flat
ADAMSON HOUSE, 4 APARTMENT 44 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DL £182,000 14/10/2022 Flat
X Q 7 BUILDING APARTMENT 1123 TAYLORSON STREET SOUTH, SALFORD, GREATER MANCHESTER, M5 3FY £165,000 04/10/2022 Flat
EGERTON HOUSE, 3 APARTMENT 6 ELMIRA WAY, SALFORD, GREATER MANCHESTER, M5 3DH £160,000 30/09/2022 Flat
15 APARTMENT 916 TRAFFORD ROAD, SALFORD, GREATER MANCHESTER, M5 3NW £230,000 29/09/2022 Flat

Area average: £168,918 (20 sales)

Capital growth trend

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

5y growth 8.4%
10y growth 2.9%

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

1y (index) -1.1%
5y (index) 16.4%
10y (index) 72.2%

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: £873/mo (Apr 2025 – Mar 2026)

Location

Address

17 Trafford Road

Nearby

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

Type Name Distance
Bus stop Trafford Road/Merchants Quay 0.0 miles
Bus stop Trafford Road/Elmira Way 0.1 miles
Shop Asda Express 0.1 miles
Shop East West Express 0.1 miles
University University of Salford 0.6 miles
University University Academy 92 0.8 miles
Train station Salford Crescent 1.2 miles
Hospital Salford Gastric Bypass Surgery 1.3 miles
Train station Deansgate 1.3 miles
Hospital Braeburn House 1.7 miles

Street-level crime

Category Count
Robbery 1
Violence and sexual offences 1
Total incidents 2

Within 1 mile during Mar 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
Thompsons Academy trading as Navigators Other 0.3 miles (No rating)
Oasis Academy MediaCityUK Secondary 0.4 miles Good — 1 Jul 2016
St Joseph's RC Primary School Primary 0.4 miles Good — 24 May 2022
Primrose Hill Primary School and Children's Centre Primary 0.5 miles Good — 30 Jun 2022
AldridgeUTC@MediaCityUK Secondary 0.7 miles Good — 27 Apr 2023

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, Trafford Road, M5 £1,250/mo 2 0.08 miles OpenRent
2 Bed Flat, Trafford Road, M5 £2,889/mo 2 0.08 miles OpenRent
2 Bed Flat, Trafford Road, M5 £3,015/mo 2 0.08 miles OpenRent
2 Bed Flat, Furness Quay, M50 £2,445/mo 2 0.24 miles OpenRent
2 Bed Flat, Wharf End, M17 £1,275/mo 2 0.35 miles OpenRent
2 Bed Flat, Wharf End, M17 £1,250/mo 2 0.35 miles OpenRent
2 Bed Penthouse, The Quays, M50 £1,900/mo 2 0.39 miles OpenRent
2 Bed Flat, Michigan Avenue, M50 £800/mo 2 0.5 miles OpenRent

Average rent: £1,853/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%
Max investor price (0.8%) £198,500
Target investor price (1%) £158,800
Gross yield 7%
Cost-to-rent ratio 14.3×
Monthly cashflow £333/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.1%
  • 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).