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Flat for sale Chapel Street, Salford, M3

Offers in excess of

£100,000

Added on 27/09/2026

Type: Flat
Bedrooms: Studio
Bathrooms: 1
Size: £276 per sq ft
Tenure: Leasehold; 4 years left

Council tax Band A £1,730 a year

Key features

Investment-only commercial property
Hands-off investment model
Quarterly income payments
Being Sold by PurpleBricks Secure Sale
BUY IT NOW Option - Reservation Fee Applies

About this property

This Property is Being sold

Purplebricks Secure Sale

An attractive investment-only opportunity to acquire a studio within a prestigious aparthotel development in the heart of Deansgate, Manchester. This is a commercial investment and is not available for residential occupation. The property operates under an existing underlease and management model, with the new owner required to continue under the same arrangement.

Floorplan

Council tax

Band A £1,730 a year

Per year

Band A

This home: £1,730
Band B

£2,018
Band C

£2,306
Band D

£2,594
Band E

£3,171
Band F

£3,748
Band G

£4,324
Band H

£5,189

This home is in band A, which costs £1,730 a year in Salford for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Salford, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£276 / sq ft

Area average (sold)

£389 / sq ft

Price per area, sold homes nearby

£246 / sq ft

£276 / sq ft

£516 / sq ft

Lowest

This home

Highest

£276 per sq ft, below the middle of recent sales in M3 (£246–£516, 10th–90th percentile, 773 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 773 homes sold in M3 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in M3 →

Location

Chapel Street, Salford, M3

Open map Street View

Mortgage and stamp duty

Property price £100,000

£50k £150k

Deposit10% £10,000

£0 £100k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £90,000 mortgage. Most lenders would want a household income of about £20,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Apartment 1312, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Sept 2019	377 sq ft £596/sq ft	377 sq ft	£596	£224,555
Apartment 717, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Jan 2019	441 sq ft £499/sq ft	441 sq ft	£499	£220,000
Apartment 1515, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Nov 2018	431 sq ft £611/sq ft	431 sq ft	£611	£263,000
Apartment 414, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Oct 2018	377 sq ft £590/sq ft	377 sq ft	£590	£222,320
Apartment 706, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Oct 2017	366 sq ft £591/sq ft	366 sq ft	£591	£216,277
Apartment 1411, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Jun 2017	377 sq ft £631/sq ft	377 sq ft	£631	£237,891
Apartment 511, City Suites, 16, Chapel Street Flat / maisonette	Flat / maisonette	Jun 2017	377 sq ft £559/sq ft	377 sq ft	£559	£210,667
Apartment 1103 City Suites, 16, Chapel Street Flat / maisonette · new build	Flat / maisonette · new build	Jun 2017	614 sq ft £576/sq ft	614 sq ft	£576	£353,615