Summary - QUAY 5, 232 APARTMENT 18A ORDSALL LANE SALFORD M5 3NB
1 bed 1 bath Apartment
Modern one-bedroom with 6% yield potential in Manchester’s £1bn waterfront regeneration zone.
6% projected rental yield quoted by developer
New-build one-bedroom with high-spec fixtures and finishings
On-site gym, residents' lounge, bike storage and parking
On-site rental management for hands-off lettings
Located in £1 billion waterfront regeneration zone
Tenure listed as unknown — confirm before purchase
Area recorded as very deprived — consider management and lettability risk
Excellent mobile signal and fast broadband speeds
This one-bedroom new-build apartment sits within a modern Manchester waterfront development aimed at buy-to-let investors and young professionals. The scheme is promoted with high-spec finishes, on-site facilities including a gym and residents' lounge, and an on-site rental management company to support a hands-off tenancy experience. The developer markets a targeted 6% rental return and claims strong capital growth prospects in a major £1 billion regeneration zone.
Practical positives include off-street parking, bicycle storage, excellent mobile signal and fast broadband — conveniences that appeal to city renters. The apartment’s contemporary styling and new construction reduce immediate maintenance needs and make the unit lettable to media and professional tenants drawn to nearby MediaCityUK and central Manchester.
Buyers should note two material caveats. The property’s tenure is listed as unknown, which can affect mortgage availability and purchase checks; confirm tenure and any service charges before committing. The wider area is recorded as very deprived, which can increase management and rental-risk factors despite strong rental demand in parts of the M5 postcode.
Overall, this apartment is a streamlined investment pick for an investor seeking a ready-made rental proposition in a high-profile regeneration area. It suits those who prioritise rental yield, modern specification and on-site management, while willing to accept location-related socioeconomic risk and to verify tenure and long-term service costs beforehand.
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