Waterside Manchester

£249,000

Starting Price

5.5%

Estimated Gross Yield

£2,000

Reservation fee

Investment overview

The Waterside Gardens site in Manchester was formerly occupied by Boddington’s Brewery, reflecting the city’s industrial history with its distinctive red brick buildings and tall chimneys.

The unique Victorian Gothic Revival design was greatly influenced by Alfred Waterhouse, a renowned architect of the Victorian era. Waterhouse designed Manchester Town Hall and other historic buildings that remain prominent in the city. Waterhouse designed public buildings in Manchester, the Natural History Museum in London, and other red brick university buildings in Oxford, Cambridge, Liverpool, Manchester, and Leeds.

Waterhouse Gardens is a venue that combines the city’s long-lasting essence with forward-thinking design, influenced by Alfred Waterhouse.

Waterside M3 1LE
Starting Price £249,000
Types Apartments
Bedrooms  1 & 2
Location M3 1LE
Finance Available
Estimated Yield 5.5% Gross
Availability Limited
Completion Q2 2026

£249,000

Purchase price

25%

25% on exchange minus £2,000 deposit

£2,000

Reservation fee

75%

Balance on completion

Property Features

Whether you’re looking for a space to entertain, work, dine, exercise or relax, The Waterhouse Club offers residents access to unparalleled amenities. From an attentive concierge to inspirational co-working spaces, and even a swimming pool and spa, every facility has been designed with style and functionality in mind.

  • Concierge
  • Residents’ lounge
  • Fitness suite
  • Flexible co-working space
  • Spa
  • Games room
  • Green spaces

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Location Overview

As the unofficial Capital of the North, Manchester is a chief beneficiary of the pricing pressures found in London. More than one million people plan to leave London before they turn 33* as residential and commercial prices in the capital continue to soar. Key regional cities such as Manchester are experiencing rapid population growth which is placing upward pressure on their relatively affordable rental and property markets.
Second only to London in terms of the scale of its economy, Manchester is without question the capital of the north. With its growing popularity as a relocation destination, it’s attracting more and more blue-chip organisations, most notably the BBC who moved to MediaCityUK in Salford.There are plenty of other firms who have joined them too, including BUPA, CGI, Freshfields Bruckhaus Deringer LLP, ITV and Kellogg Group.
Add to this, Manchester’s cultural cache. As well as its legendary music scene, spawning bands like Oasis,The Smiths and New Order, it’s home to two of the world’s greatest football clubs, Manchester City and Manchester United. All of which underlines its status as a northern powerhouse that’s ripe for investment.
Rents in Manchester are up 20% year on year to June 2023, and property prices across the city are up 4.9%**.The demand for high-quality rental accommodation represents an outstanding opportunity for buy-to-let investors.
Home to The University of Manchester, Manchester Metropolitan University, University of Salford, University of Bolton, University Academy 92 and
the Royal Northern College of Music, Manchester has one of the largest and most diverse student populations in Europe. Over 60% of graduates who study in the North West stay in the area to work, with 46% staying specifically in Manchester. A fact that’s testament to the lifestyle and career prospects the city can offer.
Already well connected to the rest of the UK HS2 is set to slash travel times from Manchester to other key UK destinations. As well as
these significant savings, it’s also set to provide from welcome relief to the current Manchester transport system.

Manchester Airport is the UK’s principal international gateway outside of London, with over 70 airlines flying to over 200 destinations worldwide. Some 29 million passengers pass through it each year a number that will increase as its accessibility is improved by HS2.