3-bedroom flat · M5 4TH
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Waterhouse is a new build residential development in the heart of Greater Manchester, complete to a high-specification.
The nine storey building comprises 86 stunning waterside apartments and is complimented with private balconies and roof terrace, offering impressive city and water views.
Full Description - The Waterhouse is a new build residential development in the heart of Greater Manchester, complete to a high-specification.
The nine storey building comprises 86 stunning waterside apartments and is complimented with private balconies and roof terrace, offering impressive city and water views.
The Waterhouse is a new build residential development in the heart of Greater Manchester, complete to a high-specification.
The nine storey building comprises 86 stunning waterside apartments and is complimented with private balconies and roof terrace, offering impressive city and water views.
The Waterhouse offers a range of well-appointed one, two and three bedroom apartments, together with two bedroom duplexes and stunning two and three bed penthouses all designed to the highest standard to provide residents with luxury waterside living.
There are a range of on-site amenities on offer, such as a gymnasium and communal lounges that provide adaptable contemporary space, be it for watching movies, gaming or social gatherings.
Landscaped rooftop gardens allow residents to relax overlooking the river and enjoy their own private outside space away from the bustle of modern city life.
An excellent range of local shops, bars and restaurants can be found within walking distance or easy bike ride with on-site cycle storage provided.
Residents can easily access Manchester city centre and Salford Quays/MediaCityUK by foot and are well connected by public transport with frequent bus services throughout the day.
The Waterhouse- Key Points Worrall Street, Manchester.
1 beds, 2 beds, 3 beds and 2 bed duplex Prices from ?141 000 Smart technology included as standard, for a future-proofed development Intercom with CCTV linked to each apartment Gated Parking (additional cost) Amenities ?
Communal Gardens, Roof Garden 150 leasehold ownership Key ready
Value & comps
No previous sales on record.
Returns
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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.
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