Sold STC Town house

38 VANCOUVER QUAY

SALFORD, GREATER MANCHESTER M50 3TU

2 beds 1 baths 1,119 sq ft Listed 17 Feb 2026 (-128d)

£425,000

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# 2 bedroom town house for sale (M50 3TU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 38 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER M50 3TU |
| Price | £425,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | E |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 104 m² |
| Last sold | £345,000 Apr 2019 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 15/03/2036
- **Current heating cost:** £872/year
- **Est. upgrade cost to C:** £16,825

### Recommendations
- W2 (£5,000 - £10,000)
- E (£300 - £350)
- U (£8,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0977-1201-3706-2641-1700)

## Description

The property features a combi gas central heating boiler system and uPVC double glazing.

**Ground Floor**

The entrance vestibule leads into a large dining kitchen, fitted with a range of wall and base units, integrated appliances, including a fridge, freezer, dishwasher, and washing machine. French doors open onto a private enclosed rear courtyard with decking. The front door leads to a garden with  direct access to the Canal. A cloakroom/WC and two large storage cupboards complete this floor.

**First Floor**

The first floor comprises a spacious through lounge/entertaining room. This bright dual aspect space features large windows, an eye catching  fire place and French doors leading to a private balcony with direct views over the Canal.

**Second Floor**

The second floor features a landing leading to two well proportioned bedrooms and a bathroom. The principal bedroom benefits from built-in wardrobes and a large bay window overlooking the water. The second bedroom features an oriel window. The bathroom is fitted with a white suite, and incorporates a bath and a corner shower cubicle.

**Externally**

The property benefits from a private attached carport with an electronically operated door accessed from Vancouver Quay, along with a private driveway providing additional off-street parking. Visitor parking permits are also available. The private courtyard to the rear of the property offers an excellent outdoor entertaining space. A side alleyway offers  additional access to the front garden which provides green space and secure gated access to the canal.

**Location**

Vancouver Quay is ideally positioned for immediate access to the cultural and commercial hub of Salford Quays, including The Lowry Centre, MediaCityUK, and local restaurants. Regular tram services operate from nearby Metrolink stations, providing easy access to Manchester City Centre, while the M602 motorway network is within close proximity.

## Property Photos

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## Floorplans

- ![Floorplan 1](/listings/photos/172307987/74809) - Floorplan 1

## EPC Graphs

- ![EPC Graph](/listings/photos/172307987/89344) - EPC Graph

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #4964381
- **Address:** 38 Vancouver Quay, SALFORD, M50 3TU
- **Certificate Issued:** 03/09/2007
- **Work Completed:** 03/08/2007
- **Items:** 3 window(s), 2 door(s)

### FENSA Certificate #3611569
- **Address:** 38 Vancouver Quay, SALFORD, M50 3TU
- **Certificate Issued:** 04/04/2006
- **Work Completed:** 20/03/2006
- **Items:** 2 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £345,000 | 02/04/2019 | Terraced |
| 38 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £246,000 | 24/05/2012 | Terraced |
| 38 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £115,950 | 30/09/1999 | Detached |
| 38 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £110,000 | 11/06/1999 | Detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 58 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £437,000 | 23/05/2025 | Terraced |
| 76 WINNIPEG QUAY, SALFORD, GREATER MANCHESTER, M50 3TY | £375,000 | 21/07/2022 | Terraced |
| 119 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TX | £401,995 | 29/10/2021 | Terraced |
| 44 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £240,000 | 29/09/2021 | Terraced |

**Area average:** £363,499 (4 sales)

## Price vs local average

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

- **Local average:** £359,000 (3 Terraced, M50, 2024–2026)
- **Deviation:** +18.4%

## 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):** £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, Michigan Point Tower D, M50 | £2,300/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, City Loft, M50 | £1,695/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Poplar House, M5 | £1,150/mo | 2 | 0.37 miles | OpenRent |
| 2 Bed Flat, High Definition, M50 | £1,500/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Flat, Lightbox, M50 | £1,750/mo | 2 | 0.47 miles | OpenRent |
| 2 Bed Semi-Detached House, Wythop Gardens, M5 | £1,270/mo | 2 | 0.51 miles | OpenRent |

**Average rent: £1,611/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £199,750
- **Target investor price (1%):** £159,800

*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 £1,598/mo).*

- **Gross yield:** 4.5%
- **Cost-to-rent:** 22.2×
- **Monthly cashflow:** £-260/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.5%

*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).*

## Price per Square Metre

- **£/m²:** £4,087/m²

## Capital growth trend

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

- **5y growth:** -9.5%

## House Price Index (HM Land Registry)

*Official index for Salford; Terraced series; as of March 2026.*

- **1y growth (index):** -2.2%
- **5y growth (index):** 22.4%
- **10y growth (index):** 95%

## 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

Floor area

104 m²

Council tax band

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£345,000 Apr 2019

Price per m²

£4,087/m²

Local average

£359,000 (+18.4%)

Street crime

0 incidents within 1 mile (Apr 2026)

Key features

Excellent Location
Balcony, Enclosed Courtyard and Front Garden
Attached Carport and Driveway
Canal facing with direct access to Mariners Canal
End Terraced Town House

Additional details

Broadband: ADSL copper wire
Parking: Yes
Garden: Yes
Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

A bright and spacious 3 storey, end terraced townhouse occupying a prime position overlooking the Mariners Canal in the heart of Salford Quays . Arranged over three floors, the property provides generously proportioned accommodation and enjoys a peaceful cul-de-sac setting while remaining within easy walking distance of key local amenities, including an extensive selection of restaurants, bars and cultural attractions.

The property features a combi gas central heating boiler system and uPVC double glazing.

Ground Floor

The entrance vestibule leads into a large dining kitchen, fitted with a range of wall and base units, integrated appliances, including a fridge, freezer, dishwasher, and washing machine. French doors open onto a private enclosed rear courtyard with decking. The front door leads to a garden with direct access to the Canal. A cloakroom/WC and two large storage cupboards complete this floor.

First Floor

The first floor comprises a spacious through lounge/entertaining room. This bright dual aspect space features large windows, an eye catching fire place and French doors leading to a private balcony with direct views over the Canal.

Second Floor

The second floor features a landing leading to two well proportioned bedrooms and a bathroom. The principal bedroom benefits from built-in wardrobes and a large bay window overlooking the water. The second bedroom features an oriel window. The bathroom is fitted with a white suite, and incorporates a bath and a corner shower cubicle.

Externally

The property benefits from a private attached carport with an electronically operated door accessed from Vancouver Quay, along with a private driveway providing additional off-street parking. Visitor parking permits are also available. The private courtyard to the rear of the property offers an excellent outdoor entertaining space. A side alleyway offers additional access to the front garden which provides green space and secure gated access to the canal.

Location

Vancouver Quay is ideally positioned for immediate access to the cultural and commercial hub of Salford Quays, including The Lowry Centre, MediaCityUK, and local restaurants. Regular tram services operate from nearby Metrolink stations, providing easy access to Manchester City Centre, while the M602 motorway network is within close proximity.

Listed by

Salford

The Property Franchise Group

Reference: 172307987

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 16/03/2026

Expiry date: 15/03/2036

Current heating cost: £872/year

Potential heating cost: £830/year

Est. upgrade cost to C: £16,825

Recommendations

Floor insulation (solid floor) (£5,000 - £10,000)
Low energy lighting for all fixed outlets (£300 - £350)
Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC Graph

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #4964381

Property Details

Street: 38 Vancouver Quay

Town: SALFORD

Postcode: M50 3TU

Installation Details

Items: 3 windows and 2 doors

Certificate Issued: 03/09/2007

Work Completed: 03/08/2007

This certificate data was retrieved from FENSA's database

FENSA Certificate #3611569

Property Details

Street: 38 Vancouver Quay

Town: SALFORD

Postcode: M50 3TU

Installation Details

Items: 2 windows

Certificate Issued: 04/04/2006

Work Completed: 20/03/2006

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

214% since 1999

Event	Date	Price	% change
Listed for sale	—	£425,000	+23.2%
Sold	02/04/2019 (7 years ago)	£345,000	+40.2%
Sold	24/05/2012 (14 years ago)	£246,000	+112.2%
Sold	30/09/1999 (26 years ago)	£115,950	+5.4%
Sold	11/06/1999 (27 years ago)	£110,000	—

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
58 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU	£437,000	23/05/2025	Terraced
76 WINNIPEG QUAY, SALFORD, GREATER MANCHESTER, M50 3TY	£375,000	21/07/2022	Terraced
119 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TX	£401,995	29/10/2021	Terraced
44 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU	£240,000	29/09/2021	Terraced

Area average: £363,499 (4 sales)

Capital growth trend

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

5y growth -9.5%

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

1y (index) -2.2%

5y (index) 22.4%

10y (index) 95%

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

Map view View on Google Maps View on OpenStreetMap Street View M50 3TU

Nearby

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

Type	Name	Distance
Bus stop	The Quays/Winnipeg Quay	0.1 miles
Bus stop	The Quays/Central Bay	0.1 miles
Shop	Pavers	0.1 miles
Shop	Antler	0.1 miles
University	University of Salford	0.3 miles
Hospital	Salford Gastric Bypass Surgery	1.0 miles
Train station	Salford Crescent	1.1 miles
Hospital	Braeburn House	1.5 miles
Train station	Trafford Park	1.5 miles

Street-level crime

Category	Count
Total incidents	0

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
Thompsons Academy trading as Navigators	Other	0.2 miles	— (No rating)
Oasis Academy MediaCityUK	Secondary	0.3 miles	Good — 1 Jul 2016
AldridgeUTC@MediaCityUK	Secondary	0.4 miles	Good — 27 Apr 2023
St Joseph's RC Primary School	Primary	0.5 miles	Good — 24 May 2022
Primrose Hill Primary School and Children's Centre	Primary	0.6 miles	Good — 30 Jun 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, Michigan Point Tower D, M50	£2,300/mo	2	0.21 miles	OpenRent
2 Bed Flat, City Loft, M50	£1,695/mo	2	0.21 miles	OpenRent
2 Bed Flat, Poplar House, M5	£1,150/mo	2	0.37 miles	OpenRent
2 Bed Flat, High Definition, M50	£1,500/mo	2	0.42 miles	OpenRent
2 Bed Flat, Lightbox, M50	£1,750/mo	2	0.47 miles	OpenRent
2 Bed Semi-Detached House, Wythop Gardens, M5	£1,270/mo	2	0.51 miles	OpenRent

Average rent: £1,611/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.38%

Max investor price (0.8%) £199,750

Target investor price (1%) £159,800

Gross yield 4.5%

Cost-to-rent ratio 22.2×

Monthly cashflow £-260/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.5%

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).