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Chapel Street, Salford
For sale
£24,000Guide price

Chapel Street, Salford, M3 5JZ

Studio
1bathroom
Studiotype
118sq ft
Leaseholdtenure

Listed 17 Sept 2026 · Salford

How the price compares

This home£24,000£203 per sq ft
Median studio in M3£100k10 homes listed · £329 per sq ft
Difference-76%below the area median

Key features

  • Street Parking
  • Compact Space
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Property Scheduled for Online Auction

About this home

Our latest listing is a studio flat located in Salford. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This property features a studio flat, bathroom, and a street parking.

For investors looking to expand their portfolio, this is a fantastic opportunity and it is likely to attract enquiries from serious investors.

Investment details

The current gross annual rent agreed with the tenant is £7,740 and there are tenants in situ. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

This is a perfect addition to any investment portfolio with great rental returns in a high demand area.

Auction Details

The seller is open to pre-auction offers. Unless a pre-auction offer is accepted, the sale of this property will take place on our next bi-weekly online auction (see dates on our website) and is being sold under the unconditional sale type with a standard 28 days completion.

Separate to a 10% deposit (£5,000 minimum) and our Buyers Premium there may be additional fees or conditions listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack before bidding.

Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Please call us or enquire for the full legal pack and property information on this listing.

Property details

Property type
Studio
Size
118 sq ft / 11 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
987 years left
Parking
Yes

Floorplan

Floor Plan

Location

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  • Salford Central Station0.3 mi
  • Salford Crescent Station0.6 mi
  • Manchester Deansgate-Castlefield Tram Stop0.7 mi

What nearby homes sold for

Median sold prices in M3 over the last 12 months: flat £275k · terraced £375k · semi-detached £275k · detached £308k.

AddressTypeSoldPrice
Apartment 176, City Point, 156, Chapel Street
Salford M3 6EU
Flat
Leasehold
12 Aug 2026£165,000
Apartment 712, Fresh, 138, Chapel Street
Salford M3 6DE
Flat
Leasehold
2 Jul 2026£168,000
Flat 87, City Point, 156, Chapel Street
Salford M3 6ET
Flat
Leasehold
1 Jul 2026£162,000
Apartment 105, Fresh, 138, Chapel Street
Salford M3 6AF
Flat
Leasehold
12 Jun 2026£143,500
Apartment 1513, City Suites, 16, Chapel Street
Salford M3 7NH
Flat
Leasehold
1 Jun 2026£135,000
Apartment 1511, City Suites, 16, Chapel Street
Salford M3 7NH
Flat
Leasehold
1 Jun 2026£135,000
Apartment 808, City Suites, 16, Chapel Street
Salford M3 7NH
Flat
Leasehold
1 Jun 2026£190,000
Apartment 601, 265, Chapel Street
Salford M3 5LB
Flat
Leasehold
1 Jun 2026£185,000
Apartment 79, City Point, 156, Chapel Street
Salford M3 6ES
Flat
Leasehold
22 May 2026£172,250
Apartment 1417, City Suites, 16, Chapel Street
Salford M3 7NH
Flat
Leasehold
24 Apr 2026£174,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M3

Buying costs

Monthly repayment£120£2,400 deposit · £21,600 loan
Stamp Duty£0England rates

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 Tenanted Property Auctions, Manchester on Rightmove (original listing). First listed 17 Sept 2026; details checked 7 Nov 2026. Latest change: added on 18/09/2026.

Agent disclaimer

Disclaimer - Property reference 229259266. 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 Tenanted Property Auctions, 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.

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