Merchants Wharf
Manchester, M5 4WD
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Property details
Local average
£206,700 (+35.5%)
Street crime
4 incidents within 1 mile (Apr 2026)
Key features
- Completed Manchester Apartment Ready to be Tenanted
- Potential NET Yield of 6.5%
- High-End Finish and Luxury Specifications
- Exclusive Access to Onsite Gym and Residents' Lounge
- Set to Benefit From Nearby Pomona Island Regeneration Scheme
- 28.8% Projected Price Growth in 5 Years
- Walking Distance of Zone 1 Tram Stop
- Designed by Leading Architects and Award-Winning Developer
- Onsite Rental Company
- Enquire Now to Receive Info Pack and Financial Breakdown
Description
DESCRIPTION
The investment
This is an attractive opportunity for investors seeking strong and reliable performance in the heart of one of Manchester's most quickly evolving areas.
The location
Positioned in a historically significant district once home to Manchester's renowned dyeworks industry, the area has now evolved into a thriving residential hotspot undergoing transformative regeneration. The development benefits from outstanding connectivity to MediaCityUK, Deansgate, Spinningfields, and the vibrant waterside bar and restaurant scene. This strategic location places residents right at the heart of major employment, leisure, and lifestyle hubs, making it especially attractive to the city's growing population of young professionals.
The apartments
These apartments exude luxury living throughout, complete with walk-in wardrobes, premium materials, and contemporary interior design. High-end fixtures, modern layouts, and carefully considered detailing ensure maximum comfort and aesthetic appeal - ideal for tenants seeking a stylish, high-quality home close to the city's key districts.
The development
Crafted to an exceptionally high standard by the award-winning Legacie, this development delivers a blend of striking architecture and premium on-site features. As the area continues to attract new investment and regeneration funding, demand for high-quality accommodation is rising quickly, putting this scheme in a prime spot to benefit.
Want to find out more?
Contact us today to receive a full digital brochure, apartment floor plans, and a full investment breakdown."
Listed by
Liverpool
RW Invest North Ltd
Reference: 88774500
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 401, Commerce Quay, 221 Ordsall Lane, Salford | 81 | 81 | 60 m² | — | Flat |
| Apartment 402, Commerce Quay, 221 Ordsall Lane, Salford | 79 | 79 | 64 m² | — | Flat |
| Apartment 403, Commerce Quay, 221 Ordsall Lane, Salford | 81 | 81 | 43 m² | — | Flat |
| Apartment 404, Commerce Quay, 221 Ordsall Lane, Salford | 81 | 81 | 43 m² | — | Flat |
| Apartment 405, Commerce Quay, 221 Ordsall Lane, Salford | 79 | 79 | 75 m² | — | Flat |
| Apartment 406, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 407, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 408, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 409, Commerce Quay, 221 Ordsall Lane, Salford | 81 | 81 | 58 m² | — | Flat |
| Apartment 410, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 411, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 412, Commerce Quay, 221 Ordsall Lane, Salford | 79 | 79 | 86 m² | — | Flat |
| Apartment 413, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 414, Commerce Quay, 221 Ordsall Lane, Salford | 83 | 83 | 39 m² | — | Flat |
| Apartment 415, Commerce Quay, 221 Ordsall Lane, Salford | 78 | 78 | 62 m² | — | Flat |
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Floorplans
Floorplan 1
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £280,000 | — |
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 |
| 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 |
| SLATER HOUSE APARTMENT 47 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4UE | £180,000 | 22/12/2022 | Flat |
Area average: £171,092 (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 March 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 |
| Bus stop | Ordsall Lane/Oldfield Road | 0.1 miles |
| Shop | Co-op Food | 0.1 miles |
| Shop | Little Waitrose | 0.2 miles |
| Train station | Deansgate | 0.8 miles |
| Train station | Salford Central | 0.9 miles |
| University | Manchester School of Art | 1.3 miles |
| University | University of Law | 1.4 miles |
| Hospital | Salford Gastric Bypass Surgery | 1.4 miles |
| Hospital | The Ailsa Craig Medical Practise | 2.8 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 2 |
| Other crime | 1 |
| Other theft | 1 |
| Total incidents | 4 |
Within 1 mile during Apr 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, Ordsall Lane, M5 | £995/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Timber Wharf, M15 | £1,050/mo | 1 | 0.33 miles | OpenRent |
| 1 Bed Flat, Timber Wharf, M15 | £1,050/mo | 1 | 0.33 miles | OpenRent |
| 1 Bed Flat, Ellesmere Street, M15 | £995/mo | 1 | 0.37 miles | OpenRent |
| 1 Bed Flat, Ellesmere Street, M15 | £995/mo | 1 | 0.37 miles | OpenRent |
| 1 Bed Flat, Vista River Tower, M3 | £1,400/mo | 1 | 0.4 miles | OpenRent |
Average rent: £1,081/mo (6 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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