# 2 bedroom apartment for sale (M3 5JT) ## Property Details | Key | Value | |-----|-------| | Address | Manchester Investment Flat – 6% Rental Yields \| Lucrative Buy to Let Opportunity, M3 5JT | | Price | £325,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Last sold | £87,950 | ## Description "**Manchester Investment Flat – 6% Rental Yields | Lucrative Buy to Let Opportunity** A contemporary collection of city apartments located close to Manchester’s riverside and key business districts, offering modern homes in one of the city’s most desirable central neighbourhoods. With strong tenant appeal, high-quality interiors, and excellent access to workplaces, leisure, and transport, this development provides a compelling opportunity to invest in prime city property with attractive potential returns. This property is available to buy-to-let investors and owner-occupiers. Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments. The Investment This central Manchester opportunity offers investors exposure to a well-established rental market popular with professional tenants. With projected returns of around 6%, a focus on long-term occupancy, and professional management options available, it’s well suited to those seeking a hands-off, income-generating city centre investment. The Location Situated within easy reach of the city’s main business and financial districts, the development benefits from proximity to a range of riverside walkways, bars, restaurants, and high-end retail. Residents enjoy convenient links to key office hubs, major train stations, and popular neighbourhoods such as Spinningfields and the city’s core shopping areas, reinforcing its appeal to commuters and lifestyle-focused tenants. The Apartments Apartments are designed for modern urban living, with a mix of one and two-bedroom layouts that balance both comfort and practicality. Well-proportioned living spaces, contemporary fitted kitchens, and stylish bathrooms create an attractive, low-maintenance environment, while large windows in many units help to enhance natural light and showcase city views. The Development The development forms part of a high-quality residential block in a sought-after central Manchester location. Managed communal areas, efficient building services, and a professional management structure contribute to a smooth resident experience, supporting strong occupancy levels. Key onsite facilities include: Secure entry system and monitored communal spacesLift access serving the main residential levelsDedicated cycle storage for city commutersWell-presented internal lobby Why Invest? 6%+ projected rental returns in a core Manchester city centre neighbourhoodStrong appeal to professionals working in nearby business and financial districtsCentral location close to riverside amenities, restaurants, and major shopping areasModern, well-specified apartments designed for long-term rental demandHands-off structure with professional management options to support consistent income Enquire now to secure your unit and receive a full investment breakdown." ## Property Photos - ![Photo](/listings/photos/90985305/1387546) - ![Photo](/listings/photos/90985305/1387547) - ![Photo](/listings/photos/90985305/1387548) - ![Photo](/listings/photos/90985305/1387549) - ![Photo](/listings/photos/90985305/1387550) - ![Photo](/listings/photos/90985305/1387551) - ![Photo](/listings/photos/90985305/1387552) - ![Photo](/listings/photos/90985305/1387553) - ![Photo](/listings/photos/90985305/1387554) - ![Photo](/listings/photos/90985305/1387555) ## Floorplans - ![Floorplan 1](/listings/photos/90985305/1387556) - Floorplan 1 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | ALBERT MILL, 41 APARTMENT 30 OLDFIELD ROAD, SALFORD, GREATER MANCHESTER, M5 4GT | £175,000 | 26/02/2026 | Flat | | VIMTO GARDENS APARTMENT 204 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF | £291,000 | 19/12/2025 | Flat | | BLOCK C, 14 APARTMENT 411 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £220,000 | 11/12/2025 | Flat | | BLOCK A, 2 APARTMENT 902 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZD | £240,000 | 10/12/2025 | Flat | | THE ROYAL 220 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £108,000 | 01/12/2023 | Flat | | THE ROYAL 30 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WP | £160,000 | 01/12/2023 | Flat | | BLOCK B, 4 APARTMENT 2003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £390,000 | 20/09/2023 | Flat | | BLOCK A, 2 APARTMENT 605 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £270,000 | 31/08/2023 | Flat | | 272 FLAT 8D CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JZ | £48,000 | 17/03/2023 | Flat | | 272 UNIT 4S1 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JZ | £58,000 | 17/03/2023 | Flat | | BLOCK B, 4 APARTMENT 2005 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZF | £229,500 | 10/03/2023 | Flat | | BLOCK B, 4 APARTMENT 003 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZE | £240,000 | 06/03/2023 | Flat | | THE ROYAL 246 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 20/12/2022 | Flat | | BLOCK A, 2 APARTMENT 502 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £245,000 | 19/12/2022 | Flat | | 8 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZA | £423,023 | 09/12/2022 | Flat | | THE ROYAL 237 WILTON PLACE, SALFORD, GREATER MANCHESTER, M3 6WE | £120,000 | 02/12/2022 | Flat | | VIMTO GARDENS APARTMENT 207 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 5JF | £183,500 | 01/12/2022 | Flat | | BLOCK C, 14 APARTMENT 418 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £240,000 | 21/11/2022 | Flat | | BLOCK A, 2 APARTMENT 705 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZB | £290,000 | 24/10/2022 | Flat | | BLOCK C, 14 APARTMENT 420 HULME STREET, SALFORD, GREATER MANCHESTER, M5 4ZH | £194,750 | 18/10/2022 | Flat | **Area average:** £212,289 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £283,615 (355 Flat, M3, 2024–2026) - **Deviation:** +14.6% ## 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 ## 1% Rule - **Rent ratio:** 0.36% (weak for cashflow) - **Max investor price (0.8%):** £145,250 - **Target investor price (1%):** £116,200 *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 Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -13.5% - **10y growth:** 29.4% ## House Price Index (HM Land Registry) *Official index for Salford; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -5% - **5y growth (index):** 17.3% - **10y growth (index):** 75% ## 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)