Sold Flat

89 - 91

GREENGATE, SALFORD, GREATER MANCHESTER M3 7NG

1 beds 1 baths Listed 28 Mar 2026 (-77d)

£299,950

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# 1 bedroom apartment for sale (M3 7NG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 89 - 91, GREENGATE, SALFORD, GREATER MANCHESTER M3 7NG |
| Price | £299,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £14,000 Dec 1999 |

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

DESCRIPTION

The development & investment opportunity

Embankment Exchange offers investors both accessibility and strong performance potential. Manchester is one of the UK's fastest-growing cities, driven largely by exceptional tenant demand, major regeneration, and robust capital growth forecasts.

The location

Located within Manchester's rapidly evolving Greengate regeneration zone, this landmark development brings world-class residential living to the city centre. Inspired by the famous New York skyscrapers, the building forms part of a £1bn new skyrise district and offers an exceptional range of 5* amenities, including a luxury pool, spa, state-of-the-art gym, bar, and dedicated concierge services.

The apartments

Designed to an ultra-modern spec, each apartment features premium flooring, expansive windows with stunning skyline views, and a fully fitted contemporary kitchen. The development also provides comprehensive management services, ensuring a fully hands-off experience for investors.

Want to find out more?

Enquire today to receive a full digital brochure, apartment floor plans, and a full investment breakdown."

## Property Photos

- ![Photo](/listings/photos/173827145/100130)
- ![Photo](/listings/photos/173827145/100131)
- ![Photo](/listings/photos/173827145/100132)
- ![Photo](/listings/photos/173827145/100133)
- ![Photo](/listings/photos/173827145/100134)
- ![Photo](/listings/photos/173827145/100135)
- ![Photo](/listings/photos/173827145/100136)
- ![Photo](/listings/photos/173827145/100137)
- ![Photo](/listings/photos/173827145/100138)
- ![Photo](/listings/photos/173827145/100139)

## Floorplans

- ![Floorplan 1](/listings/photos/173827145/100140) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 89 - 91 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NG | £14,000 | 03/12/1999 | Terraced |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| ABITO, 85 APARTMENT 627 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £120,000 | 19/12/2025 | Flat |
| ABITO, 85 APARTMENT 204 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £115,000 | 17/12/2025 | Flat |
| ABITO, 85 APARTMENT 111 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 16/12/2025 | Flat |
| ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 10/12/2025 | Flat |
| ABITO, 85 APARTMENT 828 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £115,000 | 08/12/2025 | Flat |
| ABITO, 85 APARTMENT 601 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £146,000 | 16/07/2025 | Flat |
| ABITO, 85 APARTMENT 716 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £110,000 | 07/02/2025 | Flat |
| SORTING OFFICE BUILDING, 7 APARTMENT 46 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ | £250,000 | 06/12/2024 | Flat |
| ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £94,000 | 25/11/2024 | Flat |
| ABITO, 85 APARTMENT 322 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 30/07/2024 | Flat |
| ABITO, 85 APARTMENT 820 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £145,000 | 20/10/2023 | Flat |
| ABITO, 85 APARTMENT 714 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £140,000 | 06/10/2023 | Flat |
| ABITO, 85 APARTMENT 414 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £133,000 | 22/09/2023 | Flat |
| ABITO, 85 APARTMENT 620 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £138,000 | 21/08/2023 | Flat |
| ABITO, 85 APARTMENT 320 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £147,000 | 18/08/2023 | Flat |
| SORTING OFFICE BUILDING, 7 APARTMENT 52 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ | £280,000 | 14/07/2023 | Flat |
| ABITO, 85 APARTMENT 411 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £100,000 | 21/06/2023 | Flat |
| ABITO, 85 APARTMENT 319 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £119,000 | 16/06/2023 | Flat |
| ABITO, 85 APARTMENT 530 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £115,000 | 06/04/2023 | Flat |
| ABITO, 85 APARTMENT 229 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 28/03/2023 | Flat |

**Area average:** £135,350 (20 sales)

## Price vs local average

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

- **Local average:** £285,168 (345 Flat, M3, 2024–2026)
- **Deviation:** +5.2%

## 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, Abito, M3 | £1,000/mo | 1 | 0.03 miles | OpenRent |
| 1 Bed Flat, Block C, M3 | £1,295/mo | 1 | 0.06 miles | OpenRent |
| 1 Bed Flat, Blackfriars Road, M3 | £1,000/mo | 1 | 0.15 miles | OpenRent |
| Studio Flat, Citysuites, M3 | £1,300/mo | 1 | 0.19 miles | OpenRent |
| Studio Flat, Chapel Street, M3 | £1,300/mo | 1 | 0.19 miles | OpenRent |

**Average rent: £1,179/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.43% (weak for cashflow)
- **Max investor price (0.8%):** £161,875
- **Target investor price (1%):** £129,500

*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 £1,295/mo).*

- **Gross yield:** 5.2%
- **Cost-to-rent:** 19.3×
- **Monthly cashflow:** £-41/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.6%

*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:** -3.8%
- **10y growth:** 27.8%

## 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)

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Property details

Tenure

LEASEHOLD (999 years remaining on lease)

Last sold

£14,000 Dec 1999

Local average

£285,168 (+5.2%)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

1-Bed Manchester Apartment With Stunning Waterfront Views
Projected 6% NET Yields
Iconic New York-style Skyscraper Design
New Build Development
5* Facilities such as Pool/Spa/Gym/Residents Bar
Fully Managed, Hands-Off Investment
Greengate Regeneration Zone
UK's Most Trusted Developer in 2022 and 13 Time Award Winning
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

DESCRIPTION

The development & investment opportunity
Embankment Exchange offers investors both accessibility and strong performance potential. Manchester is one of the UK's fastest-growing cities, driven largely by exceptional tenant demand, major regeneration, and robust capital growth forecasts.

The location
Located within Manchester's rapidly evolving Greengate regeneration zone, this landmark development brings world-class residential living to the city centre. Inspired by the famous New York skyscrapers, the building forms part of a £1bn new skyrise district and offers an exceptional range of 5* amenities, including a luxury pool, spa, state-of-the-art gym, bar, and dedicated concierge services.

The apartments
Designed to an ultra-modern spec, each apartment features premium flooring, expansive windows with stunning skyline views, and a fully fitted contemporary kitchen. The development also provides comprehensive management services, ensuring a fully hands-off experience for investors.

Want to find out more?
Enquire today to receive a full digital brochure, apartment floor plans, and a full investment breakdown."

Listed by

Liverpool

RW Invest North Ltd

Reference: 173827145

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

Event	Date	Price	% change
Sold	03/12/1999 (26 years ago)	£14,000	—

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
ABITO, 85 APARTMENT 627 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND	£120,000	19/12/2025	Flat
ABITO, 85 APARTMENT 204 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£115,000	17/12/2025	Flat
ABITO, 85 APARTMENT 111 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£110,000	16/12/2025	Flat
ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£110,000	10/12/2025	Flat
ABITO, 85 APARTMENT 828 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE	£115,000	08/12/2025	Flat
ABITO, 85 APARTMENT 601 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND	£146,000	16/07/2025	Flat
ABITO, 85 APARTMENT 716 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE	£110,000	07/02/2025	Flat
SORTING OFFICE BUILDING, 7 APARTMENT 46 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ	£250,000	06/12/2024	Flat
ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£94,000	25/11/2024	Flat
ABITO, 85 APARTMENT 322 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£110,000	30/07/2024	Flat
ABITO, 85 APARTMENT 820 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE	£145,000	20/10/2023	Flat
ABITO, 85 APARTMENT 714 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE	£140,000	06/10/2023	Flat
ABITO, 85 APARTMENT 414 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND	£133,000	22/09/2023	Flat
ABITO, 85 APARTMENT 620 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND	£138,000	21/08/2023	Flat
ABITO, 85 APARTMENT 320 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£147,000	18/08/2023	Flat
SORTING OFFICE BUILDING, 7 APARTMENT 52 MIRABEL STREET, MANCHESTER, GREATER MANCHESTER, M3 1NJ	£280,000	14/07/2023	Flat
ABITO, 85 APARTMENT 411 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND	£100,000	21/06/2023	Flat
ABITO, 85 APARTMENT 319 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£119,000	16/06/2023	Flat
ABITO, 85 APARTMENT 530 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND	£115,000	06/04/2023	Flat
ABITO, 85 APARTMENT 229 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB	£110,000	28/03/2023	Flat

Area average: £135,350 (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 7NG

Nearby

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

Type	Name	Distance
Shop	Quooker UK	0.1 miles
Shop	Pitstop Garage	0.1 miles
Bus stop	Strangways, Great Ducie Street / adjacent Trinity Way	0.1 miles
Bus stop	Blackfriars Road/King Street	0.2 miles
University	UCEN Manchester (City Campus)	0.2 miles
Train station	Manchester Victoria	0.3 miles
Train station	Salford Central	0.4 miles
University	University of Law	0.7 miles
Hospital	Braeburn House	1.8 miles
Hospital	Salford Gastric Bypass Surgery	1.9 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
Chetham's School of Music	Other	0.3 miles	— (No rating)
The Friars Primary School	Primary	0.4 miles	Good — 24 Apr 2024
Digital Advantage	Other	0.4 miles	— (No rating)
The Cooperative College	Other	0.4 miles	— (No rating)
The Cathedral School of St Peter and St John RC Primary	Primary	0.4 miles	Good — 10 Jul 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
Studio Flat, Abito, M3	£1,000/mo	1	0.03 miles	OpenRent
1 Bed Flat, Block C, M3	£1,295/mo	1	0.06 miles	OpenRent
1 Bed Flat, Blackfriars Road, M3	£1,000/mo	1	0.15 miles	OpenRent
Studio Flat, Citysuites, M3	£1,300/mo	1	0.19 miles	OpenRent
Studio Flat, Chapel Street, M3	£1,300/mo	1	0.19 miles	OpenRent

Average rent: £1,179/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.43%

Max investor price (0.8%) £161,875

Target investor price (1%) £129,500

Gross yield 5.2%

Cost-to-rent ratio 19.3×

Monthly cashflow £-41/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -0.6%

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).