Recent sale
28 BRIDGEWATER STREET
£166k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
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· freshListing: fresh, refreshed 3d ago (2026-09-17T04:00:02.382776+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 (2026-07-10T08:48:29.890950+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)Crime· freshCrime: fresh, refreshed today (2026-09-20T01:24:22.764986+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 today
£170,000
Estimated value
Range: £161k - £178k|Last sold: £163k (2018-08-09)
Estimate of £170k for purpose built flats in Manchester. 244 transactions in the last 12 months; median £209k.
AI Confidence
-
High confidence
Value History
Current estimate
£170k
£161k - £178k - High confidence
Annualised (CAGR)
-0.92%
Over the full window
Peak estimate
£216k
Sep 2022
From peak
-21.30%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M3 district (quarterly)index YoY -4.63%
Growth by window
3m
-2.30%
6m
-1.73%
12m
-10.05%
24m
-11.92%
60m
-3.41%
Rental Market
Estimated rent (pcm)
£1,050
/ month
Gross yield
6.55%
Net yield
3.19%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£209k
2-bed Purpose Built Flat
12m Price Growth
+17.5%
vs UK avg
Days on Market
127d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£170,000
- SDLT standard£900
- SDLT BTL surcharge (5%)£8,500
- Legal + Survey£15,000
- Refurb (light)£11,900
- Total All-In Cost£206,300
Funding
- Deposit (25%)£42,500
- Mortgage (75% LTV)£127,500
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£78,800
Monthly Returns
- Monthly Rent (est)£1,050
- Mortgage Payment (IO)-£558
- Management (10%)-£105
- Insurance-£92
- Maintenance-£71
- Monthly Cashflow+£224
Capital Returns
- 5yr Property Value£150,094
- 5yr Capital Gain (-2.46% pa)+£-19,906
- 5yr Cumulative Rent (net)+£46,920
- Less mortgage interest-£33,480
- 5yr Total Return-£6,466
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £165,818 | £38,318 | +£2,688 | -£1,494 | -1.9% |
| Year 2 | £161,739 | £34,239 | +£5,376 | -£2,885 | -3.7% |
| Year 3 | £157,760 | £30,260 | +£8,064 | -£4,176 | -5.3% |
| Year 4 | £153,879 | £26,379 | +£10,752 | -£5,369 | -6.8% |
| Year 5 | £150,094 | £22,594 | +£13,440 | -£6,466 | -8.2% |
Assumes -2.46% 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 (£78,800).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
8 BRIDGEWATER STREET
£123k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
8 BRIDGEWATER STREET
£165k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
8 BRIDGEWATER STREET
£135k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£36,554
Median Income
Signal
1,025
Population
Signal
0.0 / 100
Deprivation