3-bedroom terraced house · M45 8SB
For saleListed 5 days
Opportunity summary
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About
Pure Investor are delighted to bring to market 26a Waterdale, a tenanted three bedroom end-terrace property located in the Whitefield region of Manchester.
Located in a quiet, suburban region of Manchester, 26a Waterdale offers close proximity to both central Manchester (25 mins) and also the major local motorways including the M60 and M66.
The property itself is a spacious and well presented three bedroom property, which will be sold with the current tenants in situ and as such offers investors the perfect opportunity to invest in the hugely popular Manchester residential property market.
The property is currently tenanted at £775.00 per month (£9,300.00 per annum), and will be sold with established tenants already in situ.
As such, the property will offer investors the opportunity for immediate rental income.
The property at 26a Waterdale is already under our Pure City Living management, and as such we would be able to extend this management offering over to the new owners should a more hands free investment be required.
26a, Waterdale Drive, Whitefield, Manchester, M45 8SB - Investment Highlights Guide Price - £285,000.00 Sold with long-term established tenants in situ Currently generating £775.00pcm (£9,300.00pa) rental income Leasehold property (Annual ground rent of £70.00 per annum) Mortgageable property Full management already in operation Location Highlights Close to major motorway links 25 minutes to central Manchester Close proximity to major motorway links (M60 and M66) Whitefield offers an attractive combination of rental income and long-term capital growth, supported by its established residential market and access to Manchester via the Metrolink.
Investors can target estimated gross rental yields of approximately 5–7%, depending on the property type, purchase price and achievable rent.
Property values across the M45 postcode have increased by around 20% over the past five years, demonstrating the area's longer-term growth potential.
Looking ahead, a prudent investment appraisal could assume capital appreciation of 2–4% per annum, alongside rental income that may grow over time.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 Waterdale Drive, Whitefield, Bury
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