Waterhouse Gardens | 2 Bed | Unit 45

Property details

About this deal

Waterhouse Gardens is a landmark mixed-use neighborhood situated on the historic site of the former Boddingtons Brewery in Manchester city center. Developed by Salboy, it features 556 high-spec apartments, duplexes, and penthouses spread across five terracotta-toned towers.

Incentives

• Furniture pack£4,000
• Cashback£1,000
• Stamp duty contribution£1,000
• Legal fee contribution£1,000
• Yield Assurance — 8% gross yield assured for 12 monthsUnsecured claim
• Reduced Management Fee — 7% → 5% of gross rent for 6 months£288

Computed from this unit's own figures — not an opinion or a recommendation.

• Rental yield8.1% gross yield40/40
• Fixed costs£3,015/yr (0.85% of price)6/12
• Buyer incentives£7,288 (2.1% of price)5/10
• Service charge vs rent£3,015/yr = 10% of gross rent6/8
• Tenure securityLeasehold, 825 yrs12/12