Salford

Salford property investment

Salford has been the fastest-growing local authority in the North West for rental demand, driven by MediaCity, the university and its proximity to central Manchester.

£221,000
Average property price
7.3% (indicative)
Average gross yield
26.4%
5-year price growth
12.1%
Rental growth, 12 months

The investment case

MediaCity has attracted more than 250 businesses and 8,000 jobs, anchoring a tenant base that did not exist twenty years ago.

Salford sits minutes from Manchester city centre at a meaningful discount to city-centre pricing.

The Crescent masterplan will deliver a new innovation district around the University of Salford over the next fifteen years.

Regeneration

Crescent Salford
£2.5bn innovation district and 3,000 homes.
MediaCity Phase 2
Further studios, offices and 1,400 homes.
Ordsall Waterfront
Riverside regeneration linking Salford Quays to the city centre.

Availability

Investments in Salford

7.4% projected NET yield · Reserve from £5,000

36 Partners Development

Riverbank Wharf

Ordsall Lane, Salford M5

Developer: 36 Partners

Prices from £189,950

Six minutes to MediaCity by tram
Projected NET yield of 7.4% on a 1-bed
Furniture pack and lettings included

AvailableView Details

Capital at risk. Property values can fall as well as rise. This is for information only and is not financial advice.

Frequently asked

Is Salford the same market as Manchester?: They adjoin but price differently. Salford typically buys 10–15% cheaper per square foot with comparable rents, which is where the yield advantage comes from.
Does short-let operation work in Salford?: Only where planning permits it. Our Salford stock is long-let; short-let approved units in our portfolio are in Manchester and Liverpool.