Summary - QUAY 5, 232 APARTMENT 38A ORDSALL LANE SALFORD M5 3NB
2 bed 2 bath Apartment
New-build 2-bed with 6% yields, onsite amenities and managed lettings—35% deposit required.
6% projected gross rental yield (advertised)
Onsite rental company for managed lets
Gym, residents' lounge, secure parking, bicycle storage
New-build, high-spec finishes and fast broadband
Located in major waterfront regeneration zone (M5)
Minimum 35% deposit required for purchase
Area classed as very deprived—consider resale and tenant risk
Tenure not specified; confirm lease details and charges
This two-bedroom new-build apartment in Salford is presented primarily as an investor opportunity. The development offers advertised 6% rental yields, an onsite rental management company, and resident facilities including a gym, lounge, secure parking and bicycle storage—features that support a hands-off buy-to-let strategy aimed at young professionals.
Set within a major waterfront regeneration zone in the M5 postcode, the project targets strong rental demand from students and professionals and cites projected capital growth to 2028. The flat benefits from contemporary finishes, fast broadband, excellent mobile signal and proximity to MediaCityUK and local amenities, supporting tenant appeal and occupancy rates.
Important cautions are clear and material: a minimum 35% deposit is required, and the property’s tenure is not specified in the information provided. The surrounding area is classed as very deprived, which can affect long-term resale values and attract variable tenant profiles; buyers should factor this into risk and cash-flow modelling.
Prospective buyers should request the full information pack, floor plans, and a financial breakdown, and confirm tenure, service charge and ground rent figures before committing. This is best suited to investors prepared to place a significant deposit for an income-producing new-build in a high-regeneration urban location.
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