Lucrative Buy to Let Investment Opportunity | 7% Rental Yields

Listed 25 Jun 2026 · price reduced 9 Oct 2026 · Salford
One bedroom apartment with allocated parking!
Description
Savills are delighted to present this well appointed one double bedroom apartment in the Spectrum Development complete with an allocated parking space and a large balcony. Known for its practical and imaginative design, this development has consistently proven a popular choice for many.
This fantastic apartment offers a spacious living area and open-plan kitchen leading to a large balcony*, perfect for summer evenings!
The double bedroom offers ample storage whilst the bathroom is fitted with a modern three-piece suite. Floor to ceiling windows maximise natural light whilst the internal arrangement radiates style and offers a truly contemporary feel.
Spectrum was developed by the multi award winning developer, Dandara. This landmark development features intelligently designed living spaces throughout a number of core blocks.
EWS1 Form (External wall systems form) information: We are advised whilst there is no EWS1 form in place, the building management have advised the EWS1 form is targeted to be available Feb/March 2027, with remedial works currently underway at the development. We are also advised that no costs will be passed onto leaseholders for the remediation works.**
*Prospective buyers are further advised the balcony on the apartment is currently not able to be opened due to the ongoing remedial works.
** You should make enquires about the external wall system of any properties you are viewing, if it is safe or if there are interim measures in place.
Location
Spectrum sits in an enviable location benefitting from all Manchester has to offer. Manchester Victoria tram & train links are a mere 0.4m away whilst bus links are as close as 0.1m distance. Manchester's inner ring road is also only 0.3m distance allowing vehicles easy access in and out of the city centre.
Whilst Deansgate offers a host of independent bars, restaurants and shopping (Manchester Arndale circa 0.4m), Regent Road retail park is also situated nearby (1.2m) with a large Sainsbury`s, TK Maxx, Boots, and much more on offer.
For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 3m and 2.4m away respectively. The National Cycling Centre is also 3.0m distance from the property, whilst Manchester tennis and racquet club also offers superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 0.3m distance.
For cultural activities, locally residents are only 0.8m from Manchester's famous Northern Quarter, which often hosts an array of food festivals and music gigs.
Please note all distances quoted are approximate.
Square Footage: 505 sq ft Leasehold with approximately 230 years remaining.
Additional Info
The ground rent is reviewed every five years in line with Housing Market mixed adjusted house prices index for all dwellings for all of the United Kingdom published by the Department for Communities and Local Government or any successor body/company. Next review due July 2031.
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Median sold prices in M3 over the last 12 months: flat £275k · terraced £375k · semi-detached £275k · detached £308k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Apartment 110, Block 3 Spectrum, Blackfriars Road Salford M3 7BP | Flat Leasehold | 26 Jun 2026 | £205,000 |
| Apartment 104, Block 3 Spectrum, Blackfriars Road Salford M3 7BP | Flat Leasehold | 17 Feb 2026 | £195,000 |
| Apartment 116, Block 3 Spectrum, Blackfriars Road Salford M3 7BP | Flat Leasehold | 23 Apr 2024 | £135,000 |
| Apartment 86, Block 3 Spectrum, Blackfriars Road Salford M3 7BP | Flat Leasehold | 28 Mar 2024 | £190,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M3
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Savills, Manchester on Rightmove (original listing). First listed 25 Jun 2026; details checked 7 Nov 2026. Latest change: reduced on 09/10/2026.
Disclaimer - Property reference MNS260146. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

