All About Merchant’s Wharf: Our Latest Manchester Investment Opportunity

Merchant’s Wharf is situated in the M5 postcode, ideally based between Manchester city centre and Salford Quays. Residents of Merchant’s Wharf will benefit from easy access to everything Manchester has to offer. It takes just ten minutes by bike or 6 minutes by car to reach MediaCityUK, while the trendy districts of Manchester city centre like Spinningfields are reachable in around 20 minutes via public transport.

Merchant’s Wharf is the latest project from renowned development company, Legacie Developments. Legacie are a development company most commonly known for their portfolio of projects in Liverpool, having completed popular Liverpool developments such as Reliance House.

Legacie are widely recognised as one of the best development companies in the UK due to their luxurious designs and outstanding attention to detail. As the first Manchester development led by Legacie, Merchant’s Wharf is guaranteed to generate plenty of interest from both investors and tenants alike.

Merchant’s Wharf boasts an interesting history. The land that Merchant’s Wharf is being constructed on was once a historic dyeworks dating back to the 18th and 19th century. A key player within Manchester’s famous textile industry, the dyeworks would tint velvet and other fabrics before exporting them around the world.

If you’re interested in high demand, strong growth prospects, attractive returns, and below-market rates, Merchant’s Wharf is an unmissable investment opportunity.

Prices for Merchant’s Wharf start from just £149,950, which is up to 55% below market value for the area. With projected rental returns of up to 6.5%, Merchant’s Wharf is a highly lucrative investment in terms of both rental income and capital growth.

Located in a thriving regeneration zone within the M5 Salford area, Merchant’s Wharf is set to see some significant capital growth over the coming years. Manchester as a whole is experiencing some of the highest capital growth levels of any UK city, with the North West leading the way for property price growth with an expected 24.1% rise in value by 2024, while Manchester house prices are expected to grow by 57% by 2028.

The luxurious design and fantastic location of Merchant’s Wharf is sure to appeal to the city’s growing population of young professional tenants. Manchester already boasts a large population and subsequently high levels of rental demand. With the population of Greater Manchester expected to double within the next 5 years, it’s likely that those who buy investment properties in quality developments like Merchant’s Wharf will see a great deal of demand for their investment for many years.