Summary - 57, WATERHOUSE APARTMENTS, 14, WORRALL STREET M5 4BZ
2 bed 2 bath Apartment
Bright fifth-floor apartment with balcony, ideal for buy-to-let or commuting buyers.
Waterside aspect with River Irwell views and full-length balcony
Constructed 2022 in modern nine-storey development
Two bedrooms, master with en-suite; bright open-plan living
Currently tenanted — investment income potential immediate
Leasehold tenure with service charge ~£1,200 and ground rent ~£350
Electric heating via room heaters; check running costs
On-site amenities: residents' lounge, roof terrace, gym (under construction)
Local area: very deprived urban neighbourhood — consider local risks
Set on the fifth floor of The Waterhouse, this two-bedroom apartment offers a waterside aspect over the River Irwell and a full-length balcony for external living. The building is modern (constructed 2022) and provides communal amenities including a residents' lounge, roof terrace and an on-site gym currently under construction.
The apartment is compact but efficiently laid out, with a bright open living area and an en-suite to the master bedroom. Excellent transport links put Manchester city centre, Salford Quays and motorway connections within easy reach — attractive for commuters and renters.
Practical considerations: the property is leasehold with an average service charge of £1,200 and ground rent around £350 per year. Heating is electric, using room heaters, and the apartment is currently tenanted — making it immediately relevant to investors but requiring due diligence for owner-occupiers.
The wider locality is an urban, culturally mixed area with high levels of deprivation. While the riverside setting and new-build specification offer rental appeal, buyers should weigh local socio-economic factors alongside the development’s strong connectivity and waterside position.
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