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2 bedroom flat for sale

£240,330 (£372/sq. ft)

Worrall Street, Manchester M5

2 bedroom flat for sale 2 2 1 646 sq. ft*
Interested in this property? Call +44 1942 919840 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Roof terrace
  • Balcony
  • Off street parking
  • Central heating
  • Double glazing
  • Waterfront

Property description

Prices from £143,750
net rental yields up to 6%
1,2 and 3 bed luxury apartments
Private Balconies overlook the River Irwell
Completion Q3 2020
Attractive payment plan

Residents can enjoy a walking distance commute to Manchester City Centre and Salford Quays and Media City. These properties will benefit hugely from the £1.5bn investment to the rapid transit network and also the £1bn investment to Salford Quays bringing shops, offices and over 1,400 new homes to the area. These new transport links make it even easier for residents to enjoy the best of what true Manchester living has to offer and offers capital growth to Investors in addition.

Over 140,000 people work in Manchester City Centre and that figure is growing year on year. This along with the largest student population in Europe, with 70% of students retained post graduation in the City, adds to the ever growing demand for high quality rental accommodation.

The Waterhouse provides high-end City living for residents and gives investors maximum return on investment as a fully managed, hands off investment. Properties benefit from;
On site Gymnasium
Residents Lounge
Beautiful Landscaped rooftop garden
Stunning river views and balconies
Luxury interior finishes
Onsite, off road parking
Fully furnished, turnkey solution

Location is a property investment fundamental. The Waterhouse is located right on the River Irwell with waterside, unobstructed views. Property here will secure high rental yields and deliver strong occupancy rates. With the levels of regeneration and investment that are going into the immediate transport network on it's door step, commuting to either Manchester centre or Salford Quays will be even quicker and provide strong capital growth in the medium to long term too.

Comparable properties have increased by 19% in the last 12 months (RightMove)
Up to 6% net rental yields
Fully managed, hands-off investment

Property value data/graphs for M5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £201,452 £165 2.8 £190,666
Semi-detached £151,378 £190 2.9 £168,382
Terraced £132,512 £161 2.8 £178,917
Flats £145,179 £225 1.9 £153,057

Current asking prices in M5

Average: £200,712
Avg. current asking prices in M5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £332,294
(1)
£163,372
(8)
£256,704
(15)
£165,000
(2)
-
Flats £154,328
(135)
£199,575
(150)
£302,699
(62)
£394,995
(1)
-
All £155,637
(136)
£197,742
(158)
£293,739
(77)
£241,665
(3)
-

Current asking rents in M5

Average: £949 pcm
Avg. current asking prices in M5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £399 pcm
(8)
£919 pcm
(5)
£1,021 pcm
(6)
£1,371 pcm
(10)
£1,322 pcm
(7)
Flats £587 pcm
(27)
£940 pcm
(85)
£1,182 pcm
(12)
- -
All £544 pcm
(35)
£939 pcm
(90)
£1,128 pcm
(18)
£1,371 pcm
(10)
£1,322 pcm
(7)

Fun facts for M5

Highest value in M5
Highest value streets Zed-Index
Fire Station Square £291,573
Weaste Lane £227,480
Crescent £226,649
Ordsall Lane £182,390
Derwent Street £180,436
Highest turnover in M5
Highest turnover streets Turnover
Greenwood Terrace 44.0%
Buile Hill Drive 40.0%
Treelands Walk 40.0%
Garner Drive 40.0%
Emerson Street 39.1%

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 73% (417 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

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Nearby transport

  • Deansgate (0.8 miles)
  • Salford Central (0.9 miles)
  • Salford Crescent (1.0 mile)
  • Manchester International Airport (8.2 miles)
  • Liverpool John Lennon Airport (25.8 miles)
  • Leeds Bradford International Airport (36.9 miles)
  • Liverpool Pier Head Ferry Terminal (30.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.4 miles)

Nearby schools

View all schools in Salford
  • Primrose Hill Primary School and Children's Centre (0.4 miles)
  • St Joseph's RC Primary School (0.5 miles)
  • Old Trafford Community Academy (0.5 miles)
  • Oasis Academy MediaCityUK (0.6 miles)
  • Abbey College Manchester (1.2 miles)
  • Trinity CofE High School (1.3 miles)
  • Afifah School (0.8 miles)
  • Chetham's School of Music (1.4 miles)
  • St John Vianney School (SEN) (1.5 miles)
Note: Distances are straight line measurements

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
TK Property Group Ltd, WN3 on +44 1942 919840 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by TK Property Group Ltd, and do not constitute property particulars. Please contact TK Property Group Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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