Flat 16, 24 Bridgewater Street, Manchester, M3 4NH

UPRN:10090240083Purpose Built Flat2 bedsBuilt 2003-2006

LeaseholdCouncil Tax: -EPC: C (74)AI-Powered Intelligence

Data freshness:Listing· freshPrice Paid· 2mo agoPlanning· 2mo agoEPC· 4mo agoRisk· 3mo agoCrime· freshConnectivity· 3mo agoAmenities· 3mo agoArea· Census 2021

Flat 16, 24 Bridgewater Street, Manchester, M3 4NH

HP Score

/ 100

High Potential

Verdict

today

BUY
Strong overall fundamentals
INVESTIGATE
Some risks
AVOID
High risk factors

Confidence

High

Sale Estimate

£170,000

£161k - £178kHigh

Estimate

£170k

Range

£161k – £178k

Rent Estimate (pcm)

£1,050

£1k - £1kMedium

Monthly

£1,050

Yield

6.55%

AI Verdict

Derived from HomePortfolio scores

AI summary

Flat 16 earns a BUY rating with HP Score 85/100. Investment score 62/100 reflects moderate fundamentals. Crime intensity is very low. Walkability is good (82/100). Flood risk is rated low. Tenure is leasehold. Verdict and headline figures are derived from the live HomePortfolio API; narrative deep-dives below combine real signals with modelled analytics.

Key SourcesEPC RegisterZoopla ListingsHP Property IntelligenceOfcom Connected NationsMobile Coveragevalue historyplanning signalsgaz salesHP Walkability v2ONS Census 2021Police.ukPlanIt / LA PortalsHMLR CovenantsHMLR Price PaidEnvironment Agency RoFRaSDefra Noise MapOSM AmenitiesOfsted / GIAS

HP Score

85/ 100

Excellent

Investment Score

62/ 100

Moderate

Crime Score

0/ 100

Low

Walkability

82/ 100

High

Transit & Bike

High

Real Data

Opportunity

Why this could be an opportunity

Low confidence0 independent sourcesListing checked 12 Sept 2026

This rests largely on a single source. Treat the score as a prompt to investigate, not a conclusion.

Valuation edge0/40
claims [AVM -58.8% (HIGH)] → consensus -58.8% → credited 0.0% after backtest shrinkage; single-source claim - capped pending corroboration
- zoopla_valuationsestimate for 10090240083· as of 12 Aug 2026
Rental economics0/30
gross yield 4.7%; range width penalty ×1.00
- zoopla_valuationsrent estimate 1050/mo (range 1000-1100)· as of 12 Aug 2026· verify before relying on this
Seller motivation5/20
0 price cut(s), 186 days on market; calibration: cuts mark staleness, credited as negotiation context only
- zoopla_listingsprice_changes + first_published_date· as of 12 Sept 2026
Risk & liquidity9.8/10
244 sales/12mo in area; valuation range width 10%
- property_intelligencetransactions_12mo

4 of 4 components scored. Calibrated against 6,141 realised listing→HMLR-sale outcomes, estimates taken as-of listing month. A large discount from one source alone is capped - independent sources must agree before it counts fully.

Economics

What happens to your money

Price sensitivity

£202,500£310,500

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£270,000

At the asking price

Monthly rent£1,050/mo

Evidenced range £1,000-£1,100

Interest rate5.4%

Loan to value75%

Cash required: £85,800
Net cash flow: -£184/mo
Cash on cash: -2.6%
Score at this price: 15

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 1.15 - below the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

zoopla_valuationsestimate for 10090240083Valuation edge · as of 12 Aug 2026
zoopla_valuationsrent estimate 1050/mo (range 1000-1100)Rental economics · as of 12 Aug 2026
zoopla_listingsprice_changes + first_published_dateSeller motivation · as of 12 Sept 2026
property_intelligencetransactions_12moRisk & liquidity

Sold comparables in depth Valuation methodology

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Rental economics needs verification before you rely on it
rent estimate 1050/mo (range 1000-1100)

Property risk deep-dive →flood, subsidence, crime, environment - the full domain

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Treat the discount as unconfirmed - compare recent sold prices on the street yourself before pricing an offer around it.
Only one independent source currently supports the valuation edge.
3. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Every step above was generated from a specific gap or flag in the evidence - no generic advice, no invented tasks.

Valuation & Market

Sale Estimate£170,000

Rent Estimate (pcm)£1,050

Gross Yield6.55%

1y Growth+17.5%

3y Growth-3.9%

5y Growth-2.5%

10y Growth+3.2%

Last Sold Price£163,000 (2018-08-09)

View Market Details

Risk Overview

Flood RiskLow
Subsidence1
RadonLow
MiningUnknown
Landslide1
Air QualityUnknown
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

0M3 4NH

Approval Rate

-12mo

Development

low

Manchester/PLA-2026-000889
Change of use of the ground floor from flexible commercial space (Use Class E / Sui Generis) to ancillary gymnasium and laundry room for the exclusive use of residents, and reconfiguration of Level 2 to provide residential amenity, marketing suite (Sui Generis) alongside retained workspace (Use Class E), and associated works.
Pending
Manchester/OTH-2026-001433
Non-Material Amendment to Planning Permission 145354/FO/2026 for the Installation of security baskets and amended window design, to amend Condition 2 (Specified Plans) by replacing approved drawing 17280 13.A0 (G Wing Proposed Basket Planning Drawing) with revised drawing 17280 19.A0.
Approved
Manchester/PLA-2026-001505
Listed Building consent for various works to roof, rainwater goods, lead valleys and gutters
Pending

View Planning Timeline