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    1. Home
    2. Salford properties to rent
    3. 2 bed flat to rent in Chapel Street, Salford M3
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    Alcock House, Chapel Street, Salford, M3 5EY

    2-bedroom flat · M3 5EY

    645 sq ft2 baths
    Asking rent
    £1,640/mo

    To rent · Listed 1 day

    Investor metrics
    Sign in to see yield, deal score, rent estimate, and BMV.
    HMO Article 4 Direction Area2018 HMO Article 4 Direction, 2018 HMO Article 4 Direction · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    Chapel Wharf is a stunning collection of contemporary apartments offering stylish riverside living in the heart of Salford, just moments from Manchester city centre.

    Designed for modern lifestyles, Chapel Wharf offers a range of studio, one, two and three-bedroom apartments, each thoughtfully designed with spacious open-plan living areas, contemporary kitchens, modern bathrooms and excellent natural light.

    Every apartment benefits from a private balcony or terrace, with furnished and selected unfurnished homes available.

    Residents can enjoy an impressive range of on-site amenities, including a two-storey gym and fitness studio, residents' lounges, co-working spaces, a house kitchen, bookable dining and entertaining spaces, landscaped gardens and secure bike storage.

    With superfast broadband, pet-friendly accommodation, resident events and dedicated on-site support, Chapel Wharf provides a convenient and connected way of living.

    Located on Chapel Street in Salford, Chapel Wharf sits on the border of Salford and Manchester, offering easy access to the city's vibrant shops, restaurants, bars, cultural attractions and business districts.

    Manchester city centre, Spinningfields and Deansgate are all within easy reach, making this an ideal location for professionals, couples, sharers and anyone looking to enjoy the best of city living.

    A modern riverside rental community combining beautifully designed apartments, exceptional facilities and an unbeatable location - creating the perfect place to call home in Greater Manchester.

    Deposit Options Traditional Deposit Option A deposit equal to One Months rent is payable to Colby River and will be registered and protected with the Tenancy Deposit Scheme for the duration of the tenancy.

    Deposit Replacement Option - No Deposit Alternatively, tenants can choose our deposit replacement option and avoid paying a traditional deposit.

    Instead, you will pay a one-off check-in fee equivalent to 28% of the monthly rent + VAT - significantly less than a One Month deposit.

    Please note, this fee is non-refundable, is not a deposit, and cannot be used towards the cost of any damage, outstanding rent, or other charges that may arise during the tenancy.

    Any costs incurred during the tenancy remain the tenant's responsibility. Marketing Disclaimer Images are for illustrative and marketing purposes only.

    Individual apartments may vary in terms of layout, furnishings, finishes and views.

    Key information

    Furnished state
    Furnished
    Deposit required
    £1,640
    Floor area
    645 sq ft (60 sq m)
    Local authority
    Salford
    Metropolitan District
    Sign up free to see flood risk and more→

    Value & comps

    How does the rent compare?

    No previous sales on record.

    Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

    Returns

    What does it return?

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Model

    Run the numbers.

    Strategy: R2R · full calculator
    R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Deal

    Is it a deal?

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    Article 4HMO Article 4 applies

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
    More market detail▾
    M3 · Live market data · flat only
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    No rent comps
    2-BED · THIS
    —
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    3-BED
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    4-BED
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    5+ BED
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    No rent comps

    M3 2-bed rent distributionNo matching rent comps

    Not enough rental comparables to build a distribution yet.
    Rent trend · M3
    Rental price history isn't available yet — coming soon.

    Market signals · M3

    M3 capital-side aggregates aren't available right now — only rental signals shown above.
    Rental data from active Rightmove / Zoopla lets + PAID rental model. Refreshed daily.Open full rental comparables →

    Agent & docs

    Move it forward

    Listing agent
    Colby River, Manchester, Chapel Wharf logo
    Colby River, Manchester, Chapel Wharf
    listed on rightmove
    01615249130
    Alcock House, 99 Chapel Street, Salford, M3 5DZ
    View on rightmove

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    Planning & investor docs
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    FAQ

    Questions

    About Alcock House, Chapel Street, Salford

    How much is Alcock House, Chapel Street, Salford?
    The asking rent is £1,640 a month.
    What kind of property is Alcock House, Chapel Street, Salford?
    A 2-bedroom flat in M3 5EY.

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