Apartment 13, 2 Waterways Avenue, Manchester, M15 4QZ
UPRN:10070458581Flat/Maisonette bedsBuilt -
-Council Tax: -EPC: B (82)AI-Powered Intelligence
Data freshness:Listing· freshListing: fresh, refreshed 4d ago (2026-09-16T04:00:02.584543+00:00)Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· 2mo agoPlanning: ageing, refreshed 2mo ago (2026-07-10T09:43:01.251206+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 3mo agoRisk: ageing, refreshed 3mo ago (2026-07-04T06:46:22.443816+00:00)Connectivity· 3mo agoConnectivity: ageing, refreshed 3mo ago (2026-07-04T20:23:28.637306+00:00)Amenities· 3mo agoAmenities: ageing, refreshed 3mo ago (2026-07-05T20:05:00.707256+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated yesterday
£240,000
Estimated value
Range: £216k - £264k|Last sold: -- (-)
Estimate of £240k for flat/maisonettes in Manchester. 227 transactions in the last 12 months; median £205k.
AI Confidence
-
Medium confidence
Value History
Current estimate
£240k
£216k - £264k - Medium confidence
Annualised (CAGR)
-2.24%
Over the full window
Peak estimate
£284k
Sep 2020
From peak
-15.49%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M15 district (quarterly)index YoY -4.52%
Growth by window
3m
-8.40%
6m
-7.69%
12m
+5.73%
24m
+5.73%
60m
-10.45%
Rental Market
Estimated rent (pcm)
£1,700
/ month
Gross yield
7.24%
Net yield
22.91%
Vacancy trend
12-month change
Tenant profile
Market Metrics
--/
Avg Area Price
£205k
--bed Flat/Maisonette
12m Price Growth
-
vs UK avg
Days on Market
138d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£240,000
- SDLT standard£2,300
- SDLT BTL surcharge (5%)£12,000
- Legal + Survey£15,000
- Refurb (light)£16,800
- Total All-In Cost£286,100
Funding
- Deposit (25%)£60,000
- Mortgage (75% LTV)£180,000
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£106,100
Monthly Returns
- Monthly Rent (est)£1,700
- Mortgage Payment (IO)-£788
- Management (10%)-£170
- Insurance-£99
- Maintenance-£100
- Monthly Cashflow+£543
Capital Returns
- 5yr Property Value£171,319
- 5yr Capital Gain (-6.52% pa)+£-68,681
- 5yr Cumulative Rent (net)+£79,860
- Less mortgage interest-£47,280
- 5yr Total Return-£36,101
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £224,352 | £44,352 | +£6,516 | -£9,132 | -8.6% |
| Year 2 | £209,724 | £29,724 | +£13,032 | -£17,244 | -16.3% |
| Year 3 | £196,050 | £16,050 | +£19,548 | -£24,402 | -23.0% |
| Year 4 | £183,268 | £3,268 | +£26,064 | -£30,668 | -28.9% |
| Year 5 | £171,319 | £-8,681 | +£32,580 | -£36,101 | -34.0% |
Assumes -6.52% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£106,100).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Area Economic Intelligence
Signal
£31,516
Median Income
Signal
1,235
Population
Signal
2.1 / 100
Deprivation