1/13

£185,000

Asking price

2 bed flat for sale 189 Water Street, Manchester, M3 4JE

2 beds Flat / Apartment

Leasehold

Added on 31/08/2026

About this property

GREAT INVESTMENT OPPORTUNITY FOR THIS TWO-BED, TWO-BATH APARTMENT WITH PRIVATE BALCONY AND ALLOCATED PARKING. This unit benefits from active tenants in place with an achievable rental yield of 7.30%. The property is located in the Vie Building with easy access to the city centre.

The property benefits from an open-plan living room, kitchen and dining area. Two double bedrooms, one with an en-suite and fitted wardrobes and a family bathroom. The property also has a private balcony and an allocated underground parking space. This property is situated on the edge of the city centre with many amenities close by such as Regent Park which has such stores as Sainsbury's, Boots and also JD Gyms. There are also many fast food restaurants nearby but you can walk into the city centre within 15 minutes for nightlife and retail therapy.

Key features

2 bedrooms
Balcony
Parking included
Active tenant in place
Great location
Passed EWS1 Certificate

Floorplan

Energy performance

B 82

Current

Potential

92+

81-91

82 B

86 B

69-80

55-68

39-54

21-38

1-20

This home is rated band B, scoring 82 out of 100. The average British home is band D. Its certificate says it could reach band B (86) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Price guide

This home (approx.)

£337 / sq ft

Area average (sold)

£389 / sq ft

Price per area, sold homes nearby

£247 / sq ft

£337 / sq ft

£516 / sq ft

Lowest

This home

Highest

About £337 per sq ft, below the middle of recent sales in M3 (£247–£516, 10th–90th percentile, 763 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 763 homes sold in M3 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in M3 →

Location

189 Water Street, Manchester, M3 4JE

Open map Street View

Council tax: Band D (Approx £2,312/year)

Mortgage and stamp duty

Property price £185,000

£92k £278k

Deposit10% £19,000

£0 £185k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £166,000 mortgage. Most lenders would want a household income of about £37,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in M3 4JE. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Apartment 79, 189, Water Street Flat / maisonette	Flat / maisonette	May 2026	581 sq ft £283/sq ft	581 sq ft	£283	£164,500
Apartment 78, 189, Water Street Flat / maisonette	Flat / maisonette	May 2026	603 sq ft £365/sq ft	603 sq ft	£365	£220,000
Apartment 81, 189, Water Street Flat / maisonette	Flat / maisonette	Aug 2025	603 sq ft £361/sq ft	603 sq ft	£361	£217,600
Apartment 75, 189, Water Street Detached	Detached	May 2025	452 sq ft £343/sq ft	452 sq ft	£343	£155,000
Apartment 104, 189, Water Street Flat / maisonette	Flat / maisonette	May 2025	549 sq ft £333/sq ft	549 sq ft	£333	£182,676
Apartment 83, 189, Water Street Flat / maisonette	Flat / maisonette	Jan 2025	657 sq ft £369/sq ft	657 sq ft	£369	£242,000
Apartment 115, 189, Water Street Flat / maisonette	Flat / maisonette	Jan 2025	431 sq ft £363/sq ft	431 sq ft	£363	£156,500
Apartment 97, 189, Water Street Flat / maisonette	Flat / maisonette	Oct 2024	527 sq ft £322/sq ft	527 sq ft	£322	£170,000