Merchants Wharf
Manchester – 6.5% Rental Yields | Strong Income Investment, M5 4WA
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Property details
Local average
£199,581 (+5.2%)
Street crime
0 incidents within 1 mile (May 2026)
Key features
- Own a Stunning New-Build Manchester Apartment in Prime Location
- Up to 6.5% Projected Rental Return
- Premium Amenities - Gym, Residents' Lounge, Concierge and More
- Floor to Ceiling Windows
- Below Market Value Price
- Payment Plan Available
- Ideal for Young Professional Renter Demographic
- New-Build Development from Award-Winning Developer
- Onsite Rental Company
- Enquire Now to Receive Info Pack and Financial Breakdown
Description
A contemporary collection of apartments located close to Manchester city centre and the Salford Quays corridor, offering modern homes in one of the region’s strongest growth locations.
With strong tenant appeal, high-quality interiors, and excellent access to workplaces, leisure, and transport, this development provides an attractive opportunity to invest in prime city-fringe property with 6% projected returns.
This property is available to buy-to-let investors and owner-occupiers.
Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments.
The Investment
This city-fringe opportunity gives investors exposure to a popular rental market serving both city centre professionals and those working in nearby media and business districts.
With 6% projected returns, strong demand for well-located apartments, and optional professional management, it is well suited to those seeking a hands-off investment.
The Location
Situated between Manchester city centre and key destinations such as Salford Quays and MediaCityUK, the development benefits from excellent connectivity by road, tram, and rail.
Residents enjoy quick access to major employment hubs, local parks and waterways, and a growing range of cafes, bars, and everyday amenities, making the location particularly appealing to commuters and young professionals.
The Apartments
Apartments are designed for modern urban living, with a mix of one and two-bedroom layouts that balance comfort and practicality.
Generous living areas, contemporary fitted kitchens, and stylish bathrooms create attractive, low-maintenance homes, while large windows in many units help to maximise natural light and make the most of the surrounding city and skyline views.
The Development
The development forms part of a high-spec residential block in a sought-after regeneration corridor.
Professionally managed communal areas, efficient building systems, and a secure environment contribute to a smooth resident experience, supporting strong occupancy levels.
Key onsite facilities include:
Secure entry system and monitored communal spacesLift access serving the main residential floorsDedicated cycle storage for city commutersWell-presented lobby
Why Invest?
6%+ projected rental returns in a high-demand Manchester city-fringe neighbourhoodStrong appeal to professionals working in the city centre, Salford Quays & MediaCityUKRegeneration-led area with improving amenities, transport links, and public realmModern, high-spec apartments designed for resilient long-term rental demandFully hands-off structure with professional management available to support consistent income
Enquire now to secure your unit and receive a full investment breakdown."
Listed by
Manchester
RW Invest North Ltd
Reference: 90965334
EPC ratings on this postcode
We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.
| Address | Current | Potential | Floor area | Age band | Type |
|---|---|---|---|---|---|
| Apartment 001, Commerce Quay, 221 Ordsall Lane, Salford | 69 | 69 | 64 m² | — | Flat |
| Apartment 002, Commerce Quay, 221 Ordsall Lane, Salford | 74 | 74 | 43 m² | — | Flat |
| Apartment 003, Commerce Quay, 221 Ordsall Lane, Salford | 74 | 74 | 43 m² | — | Flat |
| Apartment 101, Commerce Quay, 221 Ordsall Lane, Salford | 74 | 74 | 60 m² | — | Flat |
| Apartment 102, Commerce Quay, 221 Ordsall Lane, Salford | 79 | 79 | 64 m² | — | Flat |
| Apartment 103, Commerce Quay, 221 Ordsall Lane, Salford | 81 | 81 | 43 m² | — | Flat |
| Apartment 104, Commerce Quay, 221 Ordsall Lane, Salford | 81 | 81 | 43 m² | — | Flat |
| Apartment 105, Commerce Quay, 221 Ordsall Lane, Salford | 78 | 78 | 75 m² | — | Flat |
| Apartment 106, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 107, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 108, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 109, Commerce Quay, 221 Ordsall Lane, Salford | 82 | 82 | 58 m² | — | Flat |
| Apartment 110, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 111, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 112, Commerce Quay, 221 Ordsall Lane, Salford | 71 | 71 | 117 m² | — | Flat |
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Floorplans
Floorplan 1
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £210,000 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| 7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE | £143,000 | 04/11/2025 | Flat |
| RENOLDS HOUSE APARTMENT 40 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB | £80,000 | 23/10/2025 | Flat |
| COMMERCE QUAY, 221 APARTMENT 005 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 4TT | £300,000 | 31/03/2025 | Flat |
| 7 APARTMENT 119 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £152,500 | 14/02/2025 | Flat |
| BRIDGEWATER POINT APARTMENT 705 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB | £158,000 | 07/02/2025 | Flat |
| 7 APARTMENT 122 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £177,000 | 15/12/2023 | Flat |
| RENOLDS HOUSE APARTMENT 19 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB | £153,000 | 01/12/2023 | Flat |
| BRIDGEWATER WHARF BLOCK E UNIT 405 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3WH | £145,000 | 03/11/2023 | Flat |
| 7 APARTMENT 806 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YF | £175,000 | 13/10/2023 | Flat |
| 7 APARTMENT 111 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £212,000 | 12/10/2023 | Flat |
| 7 APARTMENT 120 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £210,000 | 29/09/2023 | Flat |
| 7 APARTMENT 410 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE | £150,000 | 12/09/2023 | Flat |
| 7 APARTMENT 706 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YF | £176,000 | 21/08/2023 | Flat |
| BRIDGEWATER WHARF BLOCK A UNIT 605 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3WH | £145,500 | 14/08/2023 | Flat |
| QUAY 5, 232 APARTMENT 4A ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NB | £150,000 | 24/07/2023 | Flat |
| 7 APARTMENT 211 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YD | £210,000 | 11/07/2023 | Flat |
| WATERHOUSE APARTMENTS, 14 11 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4BZ | £240,330 | 08/03/2023 | Flat |
| BRIDGEWATER POINT APARTMENT 426 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YB | £162,500 | 07/03/2023 | Flat |
| BRIDGEWATER POINT APARTMENT G01 WORRALL STREET, SALFORD, GREATER MANCHESTER, M5 4YA | £113,500 | 17/02/2023 | Flat |
| RENOLDS HOUSE APARTMENT 32 EVERARD STREET, SALFORD, GREATER MANCHESTER, M5 4UB | £141,000 | 08/02/2023 | Flat |
Area average: £169,717 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of April 2026.
Rental Range
Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Salford.
LHA (30th percentile) floor for Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)
Location
Address
Ordsall Lane
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Oldfield Road/Ordsall lane | 0.0 miles |
| Shop | BM Auto Body Work Ltd | 0.1 miles |
| Bus stop | Ordsall Lane/Oldfield Road | 0.1 miles |
| Shop | Co-op Food | 0.1 miles |
| Train station | Deansgate | 0.8 miles |
| Train station | Salford Central | 0.9 miles |
| University | Manchester Metropolitan University | 1.2 miles |
| University | Manchester School of Art | 1.3 miles |
| Hospital | Salford Gastric Bypass Surgery | 1.4 miles |
| Hospital | The Ailsa Craig Medical Practise | 2.8 miles |
Street-level crime
| Category | Count |
|---|---|
| Total incidents | 0 |
Within 1 mile during May 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| Primrose Hill Primary School and Children's Centre | Primary | 0.4 miles | Good — 30 Jun 2022 |
| St Joseph's RC Primary School | Primary | 0.4 miles | Good — 24 May 2022 |
| Old Trafford Community Academy | Primary | 0.6 miles | — (Inspected (no overall grade)) |
| Oasis Academy MediaCityUK | Secondary | 0.6 miles | Good — 1 Jul 2016 |
| St Alphonsus RC Primary School | Primary | 0.7 miles | — (Inspected (no overall grade)) |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 1 Bed Flat, Hulton Street, M5 | £1,200/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Pomona Strand Old Trafford, M16 | £1,000/mo | 1 | 0.47 miles | OpenRent |
Average rent: £1,100/mo (2 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).
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