Riverside, Derwent Street, Salford, M5 4SU
Listed 4 Mar 2026 · Salford
How the price compares
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
Location
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1 on this map
- 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.
| Address | Type | Sold | Price |
|---|---|---|---|
| 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
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.














