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Living Room
For sale
£300,000

Riverside, Derwent Street, Salford, M5 4SU

3bedrooms
2bathrooms
Apartmenttype
894sq ft
Leaseholdtenure

Listed 4 Mar 2026 · Salford

How the price compares

This home£300,000£336 per sq ft
Median 3 bed in M5£260k17 homes listed · £310 per sq ft
Difference+15%above the area median

About this home

***ALLOCATED PARKING SPACE INCLUDED*** 3-BEDROOM APARTMENT WITH PARKING on 5/F in the Lowry Wharf development THE RIVERSIDE. 894 Sq. Ft. EWS1 Form Available.

Mortgage Buyers Welcome. Available to both Investors and Owner-Occupants. Currently 5.60% Rental Yield @ £1400 PCM Projected 6.40% Rental Yield @ £1600 PCM. Parking rental at extra £100. Property Tenanted until APRIL 2027

Lease Info: 250 Years Lease from 2015 Service Charge: approximately £2216 PA Building Insurance: approximately £1195.55 PA Ground Rent: approximately £456.82 PA Council Tax Band - B EPC Rating - C

Riverside is a chic waterside development in the city centre, offering a variety of modern, high-spec apartments. It’s conveniently located near popular attractions like Deansgate Locks and the MOSI on Liverpool Road, as well as a wide array of shopping facilities and amenities.

The Riverside enjoys a prime location along the River Irwell, with easy access to Cornbrook tram stop, Deansgate tram & train links, and Spinningfields. The nearby Regent Road retail park offers a large Sainsbury’s, TK Maxx, Boots, and more.

Salford Central Train Station is just 0.7 miles away, providing excellent transport links. For sports and entertainment, the famous Old Trafford and Etihad football stadiums are within a few miles. The Manchester National Cycling Centre is also nearby.

Cultural activities abound, with the Castlefield Bowl, known for its food festivals and music gigs, just half a mile away. The development is a gated community with beautiful landscaping and access to the Irwell tow path. The featured first-floor apartment has two equal-sized bedrooms, two bathrooms, a spacious living room with a fitted kitchen, and a Juliette balcony.

Property details

Property type
Apartment
Size
894 sq ft / 83 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
238 years left
Ground rent
£456.82 per year (Ask agent about the review period)
Service charge
£2,216 per year
Parking
Allocated

Floorplan

Floorplan

Location

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  • Cornbrook Tram Stop0.3 mi
  • Deansgate Station0.6 mi
  • Manchester Deansgate-Castlefield Tram Stop0.6 mi

What nearby homes sold for

Median sold prices in M5 over the last 12 months: flat £190k · terraced £240k · semi-detached £264k.

AddressTypeSoldPrice
Apartment 12, The Riverside, Lowry Wharf
Salford M5 4SU
Other
Leasehold
18 May 2026£243,000
Apartment 15, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
30 Apr 2026£165,000
Apartment 85, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
14 Apr 2026£213,800
Apartment 20, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
14 Apr 2026£165,000
Apartment 68, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
24 Nov 2025£242,000
Apartment 81, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
24 Oct 2025£255,000
Apartment 59, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
6 Jun 2025£242,000
Apartment 29, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
14 Mar 2025£234,000
Apartment 18, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
19 Dec 2024£235,000
Apartment 78, The Riverside, Lowry Wharf
Salford M5 4SU
Flat
Leasehold
19 Dec 2024£250,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M5

Buying costs

Monthly repayment£1,501£30,000 deposit · £270,000 loan
Stamp Duty£5,000England 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 NEXIS Property, Manchester on Rightmove (original listing). First listed 4 Mar 2026; details checked 7 Nov 2026. Latest change: added on 04/03/2026.

Agent disclaimer

Disclaimer - Property reference DNG260086. 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 NEXIS Property, 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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