Summary - QUAY 5, 232 APARTMENT 15A ORDSALL LANE SALFORD M5 3NB
1 bed 1 bath Apartment
One-bedroom new-build with onsite gym, parking and 4-minute metro link to Deansgate.
Advertised 6% rental yield
This one-bedroom apartment in a modern new-build at Quay 5 offers a turnkey buy-to-let option in Salford’s M5 postcode. The development advertises an estimated 6% rental yield, onsite management for a hands-off rental experience, and facilities including a gym, resident lounge, bicycle storage and off-street parking. The property benefits from fast broadband, excellent mobile signal and a 4-minute metro link to Deansgate, suiting city commuters and young professionals.
The apartment is part of a large regeneration zone and built by an award-winning UK developer, which supports specification quality and long-term capital improvement claims. Flood risk is listed as none. For investors the combination of advertised rental yield, onsite rental company and proximity to MediaCityUK is the primary appeal.
Important practical points and potential drawbacks are plain: tenure is not stated and buyers should confirm ownership type and any service charges or management fees (including fees to the onsite rental company). The wider area is described as very deprived, which can affect resale, tenant mix and long-term demand despite regeneration activity. Prospective buyers should request the full info pack, floor plans, the financial breakdown and details of all running costs before committing.
Suitable for both investors targeting young professionals and for an owner-occupier seeking a compact city base, this apartment offers convenience and contemporary living but requires due diligence on tenure, fees and the local market dynamics.
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