Hello everyone, today we are looking at Salboy’s Waterhouse Gardens. A mixed use development of 556 homes in five terracotta towers. Apartments, duplexes and penthouses.
For prices, taxes and the whole buying process, see our guide: UK Property Guide
The scheme’s unit types, current price range, floor plans and location: see the project page
Prices and available apartments
The figures below come from the developer’s current stock list, with sold units taken out. Right now 92 units available.
| Type | Size | Entry price | Available |
|---|---|---|---|
| One bedroom | 53-55 m² | £336,000 | 3 |
| Two bedroom | 70-91 m² | £427,000 | 89 |
Project facts
| Developer | Salboy |
| Address | Dutton Street, Manchester, M3 1LE |
| Total homes | 556 |
| Handover | 2025, block by block |
| Lease length | 999 years |
| Reservation fee | £2,000 |
| Payment plan | 25% on exchange, 75% on completion |
Location and transport
Dutton Street, Manchester M3 1LE. Victoria station and the NOMA district are close; this is the northern edge of the city centre.
What the building has
The Waterhouse Club: swimming pool and spa, cold plunge, gym and landscaped green space.
Tenant profile
Professionals who want to rent close to the centre in a building with amenities. A building with a pool is still relatively rare in central Manchester.
The yield
The expected rental yield the developer states is 6%. This is a projection, not a guarantee; the yield you realise depends on the rental market, the service charge and void periods. A yield worked out without deducting the service charge misleads.
Total cost
On top of the apartment price come stamp duty, legal fees, the land registry fee and, for a buyer living abroad, additional verification fees. You can work out your own scenario in the capital.works purchase cost calculator.
Risks and what to watch for
The blocks are handed over separately and completion dates differ by block. Make sure the contract states which block your apartment is in and that block's timetable.
Alternatives in the same city
Our portfolio has other schemes in Manchester too. By entry price:
- Furness Quay: from £269,311, completed
- Obsidian: from £323,815, completion Q4 2026
- Velocity: from £327,522, completion Q3 2028
We can work out together which scheme fits your goal, based on your budget, your intended use and your exit plan.
Answers to the most common questions on this topic: Buying property in the UK
Price, size and availability come from the developer’s stock list dated September 2026 and can change. Source: capital.works® API Global portfolio.
