£229,000

3 bed flat for sale
Trafford Road, Salford M5

    • 3 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

Just added
Leasehold
Added on 01/10/2026

About this property

  • Balcony

  • 24-Hour Residents’ Gym

  • 24/7 On-Site Security

  • 24-Hour Concierge

  • Salford Quays Metrolink Approximately 1 Minute Away

  • Easy Access to MediaCity & Manchester City Centre

  • Close to The Lowry, Shops, Restaurants & Waterfront Amenities

  • High-Floor Position

B Owner Group is delighted to present this exceptional three-bedroom, two-bathroom investment opportunity within The Gateway, Salford Quays, M5 3NW, currently generating £25,200 per annum and offering an impressive gross rental yield of approximately 11%.

Offered at £229,000, this fully furnished apartment represents an attractive opportunity for investors seeking strong rental income in one of Greater Manchester’s most established and well-connected residential locations.

The property is currently rented at £2,100 pcm, equivalent to £25,200 per annum and a gross rental yield of approximately 11.00%.

With annual costs of approximately £6,451.36, including service charge, ground rent and letting agent costs, the property generates approximately £18,748.64 in annual net rental income. This represents an estimated net rental yield of approximately 8.19%.

Set on one of the higher residential floors of The Gateway, the apartment offers a spacious and versatile layout comprising three well-proportioned bedrooms, two bathrooms, a bright principal living space and a private balcony benefiting from the property’s elevated position.

The three-bedroom configuration provides significantly more flexibility than a typical city apartment, making the property particularly attractive to professionals, families, students and sharers. Offered fully furnished, the apartment provides investors with an established income-producing asset with a tenant already in place.

Location is one of the property’s key strengths.

Positioned on Trafford Road, the development benefits from immediate access to the wider Salford Quays and MediaCity area, one of Greater Manchester’s major residential, employment and leisure destinations.

Salford Quays Metrolink is approximately a one-minute walk away, providing excellent transport connections towards Deansgate and Manchester City Centre. MediaCity, The Lowry, Quayside and the waterfront are all within easy reach, together with a wide selection of restaurants, cafés, shopping and entertainment.

Old Trafford, the University of Salford and central Manchester are also readily accessible, helping support rental demand from a broad range of tenants.

Residents additionally benefit from a residents’ gym and secure residential environment, further strengthening the property’s appeal within the local rental market.

For investors, the combination of a £229,000 asking price, £25,200 annual rental income and approximately 11% gross rental yield creates a compelling income-led investment opportunity in a highly connected Greater Manchester location.

Investment Highlights

Asking Price: £229,000
Current Rent: £2,100 pcm
Annual Rental Income: £25,200
Gross Rental Yield: Approx. 11.00%
Estimated Annual Costs: £6,451.36
Estimated Net Rental Income: £18,748.64
Estimated Net Yield: Approx. 8.19%
Bedrooms: 3
Bathrooms: 2
Private Balcony: Yes
Furnishing: Fully Furnished
Location: The Gateway, Salford Quays, M5 3NW

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Monthly repayment

£1,145 per month

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More information

  • Tenure

    Leasehold (992 years)

  • Service charge

    £3,864 per year

  • Council tax band

    D

  • Ground rent

    £470

  • Ground rent date of next review

    1st Jan 2030

  • Ground rent review period

    Every 5 years

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