1-bedroom flat · M5 4ZE
For saleReduced £5k (−2.6%) on 21 JunListed 430 days
Opportunity summary
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About
No Chain – Modern Apartment with Balcony Views of Manchester & Salford Situated in the heart of Salford’s vibrant and rejuvenated Crescent area, this stylish one-bedroom apartment offers modern city living with superb on-site amenities and stunning views.
Just a ten-minute walk from Manchester City Centre, and within easy reach of Salford University, Salford Central Train Station, and MediaCityUK, it’s ideal for professionals, students, or investors seeking a prime location.
Step into a bright, modern kitchen fitted with white cupboards, ample storage, an integrated washer, dishwasher, electric oven, electric hob, and cooker hood, plus space for a freestanding fridge-freezer.
The kitchen flows seamlessly into the main living space, decorated with cream carpets, where patio doors flood the room with natural light and open onto a private balcony overlooking the surrounding cityscape.
The spacious bedroom benefits from built-in storage and offers “Jack and Jill” access to the bathroom, which is decorated floor-to-ceiling in white tiles for easy maintenance and features a step-in bath with overhead shower.
Local Crescent is a modern purpose-built development by prestigious developers Salboy, designed with a high-end finish, thoughtful layouts, and premium fixtures.
Residents enjoy an exceptional range of facilities including a heated swimming pool, cinema room, gymnasium, solarium, sauna and spa, laundry area, landscaped courtyard garden, and a rooftop terrace with panoramic views.
With no onward chain, excellent transport links, and an unbeatable location, this apartment combines convenience, style, and comfort in one of Salford’s most sought-after neighbourhoods Additional Information • Tenure type - Leasehold • Length of lease – 250 years from and including 5 October 2020 • Current ground rent - £232 • Paid to - Emerald Ground Rent Truste • Annual service charge £2750 + £420 insurance charge Paid to Encore • Local Authority -Salford • Council tax band – A • Annual Price –£1,635 • Energy performance certificate rating (EPC) - B • Floor Area - 462 ft2/ 43 m2 • Boiler Type - Boiler & cylinder • Age - 2021 • The street is publicly maintained and is adopted with Salford council being responsible **service charge covers: Facilities management / routine maintenance/ non specific repairs / gym / pool / cinema / utilities / connectivity / sinking / professional fees** **car parking spaces can be rented for £150 per month plus deposit - currently there are no spaces available and may not be for another 12 months**
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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.
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.
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.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
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.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Block B, Apartment 211, Local Crescent Hulme Street, Salford
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