# 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 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.   ## Property Photos - ![Photo](/listings/photos/172307987/74778) - ![Photo](/listings/photos/172307987/74779) - ![Photo](/listings/photos/172307987/74780) - ![Photo](/listings/photos/172307987/74781) - ![Photo](/listings/photos/172307987/74782) - ![Photo](/listings/photos/172307987/74783) - ![Photo](/listings/photos/172307987/74784) - ![Photo](/listings/photos/172307987/74785) - ![Photo](/listings/photos/172307987/74786) - ![Photo](/listings/photos/172307987/74787) - ![Photo](/listings/photos/172307987/74788) - ![Photo](/listings/photos/172307987/74789) - ![Photo](/listings/photos/172307987/74790) - ![Photo](/listings/photos/172307987/74791) - ![Photo](/listings/photos/172307987/74792) - ![Photo](/listings/photos/172307987/74793) - ![Photo](/listings/photos/172307987/74794) - ![Photo](/listings/photos/172307987/74795) - ![Photo](/listings/photos/172307987/74796) - ![Photo](/listings/photos/172307987/74797) - ![Photo](/listings/photos/172307987/74798) - ![Photo](/listings/photos/172307987/74799) - ![Photo](/listings/photos/172307987/74800) - ![Photo](/listings/photos/172307987/74801) - ![Photo](/listings/photos/172307987/74802) - ![Photo](/listings/photos/172307987/74803) - ![Photo](/listings/photos/172307987/74804) - ![Photo](/listings/photos/172307987/74805) - ![Photo](/listings/photos/172307987/74806) - ![Photo](/listings/photos/172307987/74807) - ![Photo](/listings/photos/172307987/74808) ## 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)