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Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 1
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 2
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 3
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 4
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 5
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 6
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 7
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 8
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 9
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 10
Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ - Image 11

Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ

North West

£950,000
Listed on 17/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
9250 sqft

Description

This commercial property is located in the rapidly evolving Piccadilly Basin area of Manchester City Centre, an environment characterized by new developments and vibrant urban life. The unit, which spans ground and lower ground levels, has been stripped back to a shell, providing a versatile blank canvas that invites creative redevelopment. Ample natural light floods the space through windows on all sides, while scenic views over the canal basin enhance its appeal. Previously utilized as a bar/leisure establishment, recent planning permission granted for a boutique hotel with 31 rooms highlights its potential for various uses, including retail or office space, subject to necessary approvals. There is also an ongoing live planning status due to material work commencement on site in April 2021. This presents a unique opportunity for investors looking to capitalize on the increasing demand in this area. The long leasehold tenure of 150 years offers stability for future development endeavors.

Investment Analysis

(M1 area)

Below Market Value

This property is priced -74.6% below area average per sq ft

-74.6%
Potential saving
This Property
£103/sq ft
Area Average
£404/sq ft
Avg Rent (weekly)
£319
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£4,114,261
10% above area average per sq ft
Potential ROI
+229.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (M1)

Area prices are falling by -27.0% over the last 12 months
3 year growth: -8.3%
5 year growth: -3.2%
Investment Disclaimer: Analysis based on M1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bridge House, Unit 1 Ducie Street, Piccadilly Basin Canal Side, Manchester, M1 2DQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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