Summary - QUAY 5, 232 APARTMENT 8A ORDSALL LANE SALFORD M5 3NB
2 bed 2 bath Apartment
Modern two-bed investment with 6% yield, onsite management and strong amenities.
6% advertised rental yield, targetting buy-to-let investors
Onsite rental company provides managed, hands-off lettings service
Residents’ gym, lounge, bicycle storage and secure off-street parking
Minimum 35% deposit required for investment purchase
New-build specification; high-spec fixtures and contemporary finishes
Surrounding area classed as very deprived — tenant profile may vary
Tenure not stated; confirm lease length and service charges before buying
Floor area not provided — verify apartment size and layouts
Set within a new-build waterside development in Salford, this two-bedroom apartment is pitched at investors and buy-to-let landlords seeking hands-off income. The scheme offers onsite management, a residents’ gym and lounge, secure off-street parking and bicycle storage—features that appeal to young professionals and boost rental marketability.
Financially oriented buyers should note the advertised 6% rental yield and an on-site rental company managing lets; these support a lettings-first strategy. The developer cites strong capital growth potential for Greater Manchester and a published projection to 2028, but such forecasts are not guaranteed and should be reviewed alongside independent advice.
Material cautions are straightforward: the scheme requires a minimum 35% deposit for investment buyers, and the property’s tenure is not stated. The surrounding area is classified as very deprived, which can affect tenant profiles and longer-term value volatility, despite proximity to MediaCityUK and local amenities. Floor area and service charge details are not provided and should be confirmed before committing.
Overall this is a modern, amenity-rich new build aimed at investors targeting young professionals. It offers convenience, on-site facilities and a managed-let option, but requires higher upfront capital and further due diligence on tenure, running costs and independently verified growth assumptions.
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