For sale Flat

Merchants Wharf

Manchester – 6.5% Rental Yields | Strong Income Investment, M5 4WA

1 beds 1 baths Listed 17 Jul 2026 (-3d)

£189,950

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# 1 bedroom apartment for sale (M5 4WA)

## Property Details

| Key | Value |
|-----|-------|
| Address | Merchants Wharf, Manchester – 6.5% Rental Yields \| Strong Income Investment, M5 4WA |
| Price | £189,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |

## Description

"**Merchants Wharf – 6.5% Rental Yields | Strong Income Investment**

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."

## Property Photos

- ![Photo](/listings/photos/91022106/1344375)
- ![Photo](/listings/photos/91022106/1344376)
- ![Photo](/listings/photos/91022106/1344377)
- ![Photo](/listings/photos/91022106/1344378)
- ![Photo](/listings/photos/91022106/1344379)
- ![Photo](/listings/photos/91022106/1344380)
- ![Photo](/listings/photos/91022106/1344381)
- ![Photo](/listings/photos/91022106/1344382)
- ![Photo](/listings/photos/91022106/1344383)

## Floorplans

- ![Floorplan 1](/listings/photos/91022106/1344384) - Floorplan 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £199,581 (72 Flat, M5, 2024–2026)
- **Deviation:** -4.8%

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,046/mo
- **Realistic:** £1,162/mo
- **Optimistic:** £1,278/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/mo

## 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)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 6.9%
- **Cost-to-rent:** 14.4×
- **Monthly cashflow:** £217/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -15.8%
- **10y growth:** 33.3%

## House Price Index (HM Land Registry)

*Official index for Salford; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -5%
- **5y growth (index):** 17.3%
- **10y growth (index):** 75%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Local average

£199,581 (-4.8%)

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

"Merchants Wharf – 6.5% Rental Yields | Strong Income Investment

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: 91022106

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	—	£189,950	—

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).

5y growth -15.8%

10y growth 33.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Salford. Series: Flats and maisonettes. As of April 2026.

1y (index) -5%

5y (index) 17.3%

10y (index) 75%

Rental Range

Estimated market rent for Salford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,046/mo

Realistic £1,162/mo

Optimistic £1,278/mo

Based on Local Authority from postcode lookup → Salford.

LHA (30th percentile) floor for Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M5 4WA

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 0.58%

Max investor price (0.8%) £137,500

Target investor price (1%) £110,000

Gross yield 6.9%

Cost-to-rent ratio 14.4×

Monthly cashflow £217/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4.7%

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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