# 1 bedroom flat for sale (M50 3BE)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 165, N V BUILDING, 100, THE QUAYS, SALFORD, GREATER MANCHESTER M50 3BE |
| Price | £140,000 |
| Bedrooms | 1 |
| Last sold | £181,000 May 2017 |

## Description

A modern and stylish one-bedroom apartment situated in the heart of MediaCityUK, one of the UK's most dynamic employment and rental hotspots.

The property features a bright open-plan living area, fully integrated kitchen, spacious double bedroom and contemporary bathroom. Finished to a high standard throughout, it offers a low-maintenance and highly rentable investment option.

Due to exceptional demand from professionals, contractors and corporate visitors, this apartment can achieve net yields of up to 10%.

Location

Set within MediaCityUK, home to major employers such as BBC, itv, Kellogg's, Vodafone and numerous creative and tech firms. The area boasts excellent connectivity to Manchester city centre, as well as a vibrant mix of waterfront restaurants, cafes and lifestyle amenities.

Investment Information

Suitable for both long-term and short-let strategies

Full financial breakdown available

High rental demand all year round

Attractive capital growth potential

## Property Photos

- ![Photo](/listings/photos/169502840/108758)
- ![Photo](/listings/photos/169502840/108759)
- ![Photo](/listings/photos/169502840/108760)
- ![Photo](/listings/photos/169502840/108761)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| N V BUILDING, 100 APARTMENT 165 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BE | £181,000 | 19/05/2017 | Flat |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| MICHIGAN POINT TOWER A, 9 APARTMENT 1704 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HB | £100,000 | 19/12/2025 | Flat |
| N V BUILDING, 100 APARTMENT 229 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BE | £164,995 | 15/12/2025 | Flat |
| N V BUILDING, 100 APARTMENT 236 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BE | £372,000 | 05/12/2025 | Flat |
| 30 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £244,000 | 21/11/2025 | Flat |
| 52 WINNIPEG QUAY, SALFORD, GREATER MANCHESTER, M50 3TY | £280,000 | 21/11/2025 | Flat |
| 63 ST LAWRENCE QUAY, SALFORD, GREATER MANCHESTER, M50 3XT | £310,000 | 03/11/2025 | Flat |
| N V BUILDING, 96 APARTMENT 68 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £365,000 | 29/08/2025 | Flat |
| N V BUILDING, 96 APARTMENT 34 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £330,000 | 28/08/2025 | Flat |
| 28 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £250,000 | 12/08/2025 | Flat |
| MICHIGAN POINT TOWER B, 11 APARTMENT 2008 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HJ | £135,000 | 18/07/2025 | Flat |
| N V BUILDING, 98 APARTMENT 153 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BD | £295,000 | 27/06/2025 | Flat |
| N V BUILDING, 96 APARTMENT 9 THE QUAYS, SALFORD, GREATER MANCHESTER, M50 3BB | £278,000 | 22/05/2025 | Flat |
| MICHIGAN POINT TOWER A, 9 APARTMENT 1105 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HB | £125,000 | 29/08/2024 | Flat |
| 46 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £280,000 | 29/07/2024 | Flat |
| MICHIGAN POINT TOWER D, 18 APARTMENT 1207 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £157,995 | 09/01/2024 | Flat |
| MICHIGAN POINT TOWER D, 18 APARTMENT 1404 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £331,000 | 15/12/2023 | Flat |
| MICHIGAN POINT TOWER D, 18 APARTMENT 1109 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £244,495 | 14/12/2023 | Flat |
| MICHIGAN POINT TOWER D, 18 APARTMENT 1601 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HN | £218,495 | 14/12/2023 | Flat |
| MICHIGAN POINT TOWER B, 11 APARTMENT 709 MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER, M50 2HG | £148,000 | 13/12/2023 | Flat |
| 36 VANCOUVER QUAY, SALFORD, GREATER MANCHESTER, M50 3TU | £290,000 | 12/12/2023 | Flat |

**Area average:** £245,949 (20 sales)

## Price vs local average

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

- **Local average:** £204,425 (51 Flat, M50, 2024–2026)
- **Deviation:** -31.5%

## 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):** £773/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 |
|------|------|------|------|------|
| Studio Flat, Number One, M50 | £825/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, Manchester, M50 | £950/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Lightbox, M50 | £1,080/mo | 1 | 0.35 miles | OpenRent |

**Average rent: £952/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £118,750
- **Target investor price (1%):** £95,000

*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 £950/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.3×
- **Monthly cashflow:** £279/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.2%

*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).*

## Capital growth trend

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

- **5y growth:** 7.2%
- **10y growth:** 52.1%

## 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)