# 2 bedroom apartment for sale (M3 4NX) ## Property Details | Key | Value | |-----|-------| | Address | Wilson Building, Potato Wharf, M3 4NX | | Price | £325,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | ## Description A stunning, fully furnished 2-bed, 2-bath show home apartment with parking and a large private balcony. An exceptional, fully furnished 2-bedroom, 2-bathroom apartment finished to an impeccable show home standard, with parking and a large private balcony in the heart of sought-after Castlefield. Combining contemporary design with luxurious comfort, this outstanding apartment offers stylish city living at its finest. Beautifully presented throughout, the property features two generous double bedrooms, two sleek, modern bathrooms, and an impressive open-plan living, dining and kitchen space designed for both relaxing and entertaining. Finished with high-specification fixtures and fittings, every detail has been carefully considered to create a sophisticated and inviting home. Step out onto the private balcony and enjoy uninterrupted views, providing the perfect place to unwind after a busy day. Ideally positioned in one of Manchester's most desirable neighbourhoods, the apartment is just moments from Deansgate's renowned restaurants, bars, shops and transport links, while also offering excellent access to the motorway network - making it perfect for both city professionals and commuters alike. ## Property Photos - ![Photo](/listings/photos/88969386/1684201) - ![Photo](/listings/photos/88969386/1684204) - ![Photo](/listings/photos/88969386/1684205) - ![Photo](/listings/photos/88969386/1684206) - ![Photo](/listings/photos/88969386/1684207) - ![Photo](/listings/photos/88969386/1684208) - ![Photo](/listings/photos/88969386/1684209) - ![Photo](/listings/photos/88969386/1684210) - ![Photo](/listings/photos/88969386/1684211) - ![Photo](/listings/photos/88969386/1684212) - ![Photo](/listings/photos/88969386/1684213) - ![Photo](/listings/photos/88969386/1684214) - ![Photo](/listings/photos/88969386/1684215) - ![Photo](/listings/photos/88969386/1684216) - ![Photo](/listings/photos/88969386/1684217) - ![Photo](/listings/photos/88969386/1684218) - ![Photo](/listings/photos/88969386/1684219) - ![Photo](/listings/photos/88969386/1684220) - ![Photo](/listings/photos/88969386/1684221) - ![Photo](/listings/photos/88969386/1684222) - ![Photo](/listings/photos/88969386/1684223) - ![Photo](/listings/photos/88969386/1684224) - ![Photo](/listings/photos/88969386/1684225) - ![Photo](/listings/photos/88969386/1684226) - ![Photo](/listings/photos/88969386/1684227) - ![Photo](/listings/photos/88969386/1684228) - ![Photo](/listings/photos/88969386/1684229) - ![Photo](/listings/photos/88969386/1684230) ## Floorplans - ![Floor plan.jpg](/listings/photos/88969386/1684231) - Floor plan.jpg ## EPC Graphs - ![EPC 1](/listings/photos/88969386/1684232) - EPC 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 | |---------|-------|------|------| | WHITWORTH, 39 FLAT 203 POTATO WHARF, MANCHESTER, GREATER MANCHESTER, M3 4BH | £204,000 | 14/01/2026 | Flat | | 1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE | £210,000 | 09/01/2026 | Flat | | TIMBER WHARF, 32 APARTMENT 226 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NX | £188,000 | 08/01/2026 | Flat | | THE BOX WORKS, 4 APARTMENT 410 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £230,000 | 15/12/2025 | Flat | | 190 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU | £350,000 | 28/11/2025 | Flat | | THE BOX WORKS, 4 APARTMENT 202 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £266,250 | 28/11/2025 | Flat | | 1 FLAT 2204 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BE | £265,000 | 25/11/2025 | Flat | | TIMBER WHARF, 32 APARTMENT 415 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £250,000 | 24/11/2025 | Flat | | WORSLEY MILL, 10 APARTMENT 73 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4LG | £264,000 | 17/11/2025 | Flat | | 1 FLAT 2506 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BE | £305,000 | 07/11/2025 | Flat | | THE BOX WORKS, 4 APARTMENT 302 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £250,000 | 10/10/2025 | Flat | | BRIDGEWATER HOUSE, 7 FLAT 14 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW | £195,000 | 11/07/2025 | Flat | | 1 FLAT 1101 REGENT ROAD, MANCHESTER, GREATER MANCHESTER, M3 4BA | £182,500 | 04/07/2025 | Flat | | 186 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU | £320,000 | 23/06/2025 | Flat | | TIMBER WHARF, 32 APARTMENT 511 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £285,000 | 17/06/2025 | Flat | | IRWELL HOUSE, 13 FLAT 8 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW | £297,000 | 06/06/2025 | Flat | | TIMBER WHARF, 32 APARTMENT 515 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £190,000 | 17/04/2025 | Flat | | 3 APARTMENT 168 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4EB | £185,000 | 26/03/2025 | Flat | | GOODWIN BUILDING, 41 FLAT 604 POTATO WHARF, MANCHESTER, GREATER MANCHESTER, M3 4NU | £238,000 | 09/01/2025 | Flat | | TIMBER WHARF, 32 APARTMENT 718 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NZ | £340,000 | 09/08/2024 | Flat | **Area average:** £250,738 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £283,659 (357 Flat, M3, 2024–2026) - **Deviation:** +14.6% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,222/mo - **Realistic:** £1,358/mo - **Optimistic:** £1,494/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/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 | |------|------|------|------|------| | 2 Bed Flat, Trinity Way, M3 | £1,800/mo | 2 | 0.12 miles | OpenRent | | 2 Bed Flat, Trinity Way, M3 | £2,500/mo | 2 | 0.12 miles | OpenRent | | 2 Bed Flat, Vista River Tower, M3 | £1,650/mo | 2 | 0.14 miles | OpenRent | | 2 Bed Penthouse, Liverpool Road, M3 | £1,595/mo | 2 | 0.21 miles | OpenRent | **Average rent: £1,886/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.53% (weak for cashflow) - **Max investor price (0.8%):** £215,625 - **Target investor price (1%):** £172,500 *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 £1,725/mo).* - **Gross yield:** 6.4% - **Cost-to-rent:** 15.7× - **Monthly cashflow:** £248/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3.2% *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:** -15.9% - **10y growth:** 28.1% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of May 2026.* - **1y growth (index):** -2% - **5y growth (index):** 9.1% - **10y growth (index):** 56.3% ## 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)