For sale Flat

Local Blackfriars

M3, M3 7FL

1 beds 1 baths Listed 14 May 2026 (-30d)

£199,950

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Property details

Tenure

LEASEHOLD (247 years remaining on lease)

Council tax band

C

Local average

£285,168 (-29.9%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

  • One Bedroom / One Bathroom
  • Private Balcony
  • 24hr Concierge, Resident's Gym & Communal Lounge
  • Short Walk from Deansgate
  • 8th Floor
  • 575 Sq. Ft.

Additional details

Heating
Electric

Description

Local Blackfriars is an exclusive development located within close proximity to Manchester City Centre.

The apartment is within a short 5 minute stroll away from the central retail district and local transport links such as Victoria Train Station.

The development itself offers a range of facilities such as a 24/7 concierge, bistro bar, gymnasium, yoga and dance studio, cinema room, laundrette and a beautifully appointed communal courtyard.

Perfectly situated in the heart of Manchester, LOCAL Blackfriars' luxury apartments comprises lavish designs, exciting amenities, and unparalleled comfort. This beautifully designed one bedroom apartment has been created to merge functionality with opulence, a vision that is suitable for a range of discerning clients . This development is also small pet friendly.

This one-bedroom apartment has been completed to a high specification throughout and is arranged to include an open plan reception area which incorporates a contemporary kitchen with high gloss kitchen units, feature lighting and integrated appliances. The sitting room is flooded with natural light and has access to private balcony overlooking the communal courtyard. To the bedroom there are fitted wardrobes along and a stylish En-Suite bathroom.

No Onward Chain.

Additional Information
Service Charge: circa £2,280.04 per annum
Ground Rent: circa £350 per annum
Building Insurance: circa £394.26 per annum
Tenure: Leasehold
Service Charge
£2,280.04
Ground Rent
£350

Listed by

Manchester

Settio Property Experience Ltd

Reference: 88478451

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Other

Other

EPC Graphs

Other

Other

Price history

Event Date Price % change
Listed for sale — £199,950 —

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
BLOCK A, 54 APARTMENT 507 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FW £272,500 21/08/2025 Flat
BLOCK 9 SPECTRUM APARTMENT 480 BLACKFRIARS ROAD, SALFORD, GREATER MANCHESTER, M3 7DZ £155,000 14/12/2023 Flat
QUEBEC BUILDING APARTMENT 228 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DU £155,963 30/11/2023 Flat
QUEBEC BUILDING APARTMENT 219 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DY £150,000 28/09/2023 Flat
QUEBEC BUILDING APARTMENT 509 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DX £170,000 18/09/2023 Flat
BLOCK A, 54 APARTMENT 1210 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FL £220,000 14/09/2023 Flat
BLOCK B, 56 APARTMENT 707 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GA £206,000 23/05/2023 Flat
QUEBEC BUILDING APARTMENT 422 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DU £137,000 25/04/2023 Flat
BLOCK B, 56 APARTMENT 214 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DA £198,000 24/02/2023 Flat
BLOCK B, 56 APARTMENT 507 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DA £187,500 04/11/2022 Flat
14 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ £395,000 28/10/2022 Flat
QUEBEC BUILDING APARTMENT 16 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7DX £142,000 27/10/2022 Flat
50 APARTMENT 50 QUEEN STREET, SALFORD, GREATER MANCHESTER, M3 7DQ £321,777 19/10/2022 Flat
BLOCK A, 54 APARTMENT 903 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7FL £270,000 07/10/2022 Flat
16 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ £400,000 19/08/2022 Flat
12 NATHAN DRIVE, SALFORD, GREATER MANCHESTER, M3 6BA £140,000 12/08/2022 Flat
10 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ £368,000 06/05/2022 Flat
BLOCK B, 56 APARTMENT 1205 BURY STREET, SALFORD, GREATER MANCHESTER, M3 7GB £255,000 25/03/2022 Flat
14 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ £338,386 11/02/2022 Flat
16 GARDEN LANE, SALFORD, GREATER MANCHESTER, M3 7FJ £361,760 11/02/2022 Flat

Area average: £242,194 (20 sales)

Capital growth trend

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

5y growth -3.8%
10y growth 27.8%

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 7FL

Address

54 Bury Street

Nearby

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

Type Name Distance
Bus stop Blackfriars Road/King Street 0.1 miles
Shop Alpine Manchester 0.1 miles
Shop B.M.Tec. 0.1 miles
Bus stop Blackfriars Road/Greengate West 0.1 miles
Train station Salford Central 0.2 miles
University UCEN Manchester (City Campus) 0.4 miles
Train station Manchester Victoria 0.5 miles
University University of Law 0.7 miles
Hospital Braeburn House 1.7 miles
Hospital Salford Gastric Bypass Surgery 1.7 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
The Cathedral School of St Peter and St John RC Primary Primary 0.3 miles Good — 10 Jul 2022
The Friars Primary School Primary 0.3 miles Good — 24 Apr 2024
Chetham's School of Music Other 0.4 miles — (No rating)
St Philip's CofE Primary School Primary 0.5 miles Good — 19 Oct 2023
Abbey College Manchester Other 0.5 miles — (No rating)

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, Quebec Building, M3 £995/mo 1 0.05 miles OpenRent

Average rent: £995/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.5%
Max investor price (0.8%) £124,375
Target investor price (1%) £99,500
Gross yield 6%
Cost-to-rent ratio 16.7×
Monthly cashflow £83/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 1.7%
  • 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).