We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M5 4BZ
Sold STCReduced £25k (−10.2%) on 7 FebListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Waterhouse, Manchester - Perfectly located on the banks of the River Irwell, “The Waterhouse” is a residential development in the heart of Greater Manchester.
The high-specification nine storey building complimented with private balconies and roof terrace comprises 86 stunning waterside apartments affording impressive city and water views.
This two bedroom apartment located on the third floor with two bedrooms and in the favoured waterside aspect with an ensuite to the master bedroom , an impressive living area with views over the River Irwell.
Complete with secure car parking. Council Tax Band B Leasehold Expires 01/01/2322 Ground Rent £330 per year (to Homeground) Service Charge £1,138.21 per year (to Zenith)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Waterhouse Apartments, 14 Worrall Street, Salford, Greater Manchester, M5
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