Crescent, Salford, M5
North West
£440,000Guide Price
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
6Type
TerracedArea
2174 sqftFeatures
- HMO
Description
Offered at auction by the Modern Method, this six-bedroom terraced property is arranged over a basement, ground floor and two upper floors. The listing states that planning permission has been granted for conversion to a nine-bedroom HMO, with accommodation intended to include bedrooms and shared facilities in line with the approved plans. The property is described as requiring renovation and refurbishment, allowing the purchaser to complete the works to their specification.
The listing highlights access to Manchester city centre, the University of Salford, employment areas, local amenities and transport links. The sale uses a 56-day reservation period and carries a non-refundable reservation fee of 4.5% of the purchase price, subject to a stated minimum. A buyer information pack must be viewed before bidding, and the buyer is responsible for its fee. The EPC rating is E.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
78out of 100
Grade BGood opportunity
Confidence: MEDIUM
The asking price is a standout strength: at £202/sq ft, it is 37.4% below the local average, giving buyers a comparatively cheap entry point for a substantial four-floor, six-bedroom terrace. The listing also states that planning permission has been granted for a nine-bedroom HMO, so the scale and layout offer a clear route to shape the property around that use, subject to checking the approved plans and conditions.
This is a substantial project rather than a cosmetic refresh: several rooms have worn or partly stripped floors, marked finishes and incomplete presentation, while the kitchen and visible WC fittings are dated. The visible frontage appears broadly intact, and the £30,000–£55,000 renovation range gives a sense of the work involved. Overall, the strong price and scope make this a good opportunity, with the project budget and programme needing careful planning.
Key opportunities
- Use the four-floor layout and generous rooms to rework the accommodation around the stated nine-bedroom HMO permission, after checking the approved plans and conditions.
- Make a coordinated project of the worn floors, marked finishes and dated fittings, choosing a consistent specification across the substantial interior.
- Improve the untidy front planting and worn paving to complement the broadly intact brick frontage.
Key risks
- Worn or partly stripped floors and unfinished interiors across several rooms, alongside dated fittings, make the £30,000–£55,000 works a substantial budget and programme commitment rather than a quick refresh.
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Transport
Nearest stations
Salford Crescent Rail Station
0.4 miles
Train · Salford
Salford Central Rail Station
0.5 miles
Train · Salford
Cornbrook (Manchester Metrolink)
0.9 miles
Tram · Cornbrook
Deansgate-Castlefield (Manchester Metrolink)
0.9 miles
Tram · Manchester City Centre
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,798
Based on a loan of £330,000 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-12.0% since listed
£440,000£60,000(-12.0%)
16/10/2026£500,000Initial listing
02/10/2026Services
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