One of the latest additions to our Manchester property portfolio, Merchant’s Wharf is an unmissable new development in the heart of Salford. Made up of 196 units with a choice of 1, 2 and 3-bedroom apartments, this off-plan residential development is the ideal investment opportunity for those looking to take advantage of the Manchester area’s thriving rental market.
Just Metres Away From the Salford Waterfront
Spread over 1.08 acres of land, Merchant’s Wharf is an ambitious new addition to Salford’s property market and ongoing regeneration scene. The two blocks of flats set to make up this development will reach up to nine storeys high, offering fantastic views for residents and adding to the city’s impressive city scape.
With prices starting at just £149,950, Merchant’s Wharf is one of the most affordable luxury investment opportunities in Greater Manchester. Better yet, the projected rental yields up to 6.5% included with this investment, along with the high expected growth for the city as a whole, make this a buy to let opportunity that’s not to be missed.
A Rich History and Prime Location
Merchant’s Wharf boasts an interesting and rich historical past. The land played a big part in the textile industry as it was home to a building named the Ordsall Dye Works in 1792. As a key location in the Industrial Revolution of the 18th and 19th century, velvet fabrics were dyed and exported around the world up until the building’s closure in 1964. The history makes the area even more desirable for tenants such as young professionals.
Other than high rental demand and chances of strong capital growth over the coming years, Merchant’s Wharf offers a prime location for investors and tenants alike just metres away from the waterfront. Located in between Manchester’s Deansgate and Salford’s MediaCityUK, this development is the perfect distance from both the hustle and bustle of the city centre and the fantastic business scene of Salford Quays.
Developed by Legacie Developments
Legacie Developments are one of the most celebrated property development companies in the UK. Having launched past projects such as Ropemaker Place in Liverpool, and with exciting upcoming developments such as Parliament Square, Legacie knows what it takes to create an eye-catching and luxurious development. Having been nominated for North West property developer of the year, launching a new development in Salford is a natural step towards dominating the thriving market in the region. Boasting a successful track record and a fantastic industry reputation, those investing in a Legacie development can expect the highest quality every step of the way.
Exclusive Apartments Only via RWinvest
Transport Links to Merchant's Wharf
Manchester City Centre
- - 6 min by Car
- - 18 min by Foot
Deansgate Train Station
- - 5 min by Car
- - 22 min by Foot
Salford Quays Tram Stop
- - 4 min by Bike
- - 14 min by Foot
A UK Investment Hotspot
Huge Predicted Growth
According to Savills house price growth predictions, the North West region is set to see a growth of 28.8% by 2025. This is the highest increase expected out of any UK region, exceeding the overall UK average of 21.1%, and it’s likely that the ongoing regeneration of areas like Salford will play a big part in the region’s growth.
Over recent years, Manchester has seen the highest rate of property price growth, allowing investors to make some huge returns through capital appreciation. If you’re keen to invest in a fast-growing location, look no further than the Salford and Manchester area.
A Great Place to Live
Having been hailed ‘the gateway to Manchester’, Salford is considered one of the best UK areas for property investment in 2021 and beyond. Following extensive regeneration over recent years, Salford has grown into one of the most desirable places to live in the country, especially for students and young professionals keen to make their mark on the business scene of the city. With the University of Salford and its many prestigious courses, and MediaCityUK with top business names like BBC and ITV, it’s easy to see why Salford property is in high demand.
Great Transport Links
Not only is Salford a fast-growing area with plenty of fantastic business opportunities, education prospects and things to see and do, but it’s also well-connected to other parts of Greater Manchester. Manchester city centre is reachable in less than 30 minutes by train, allowing Salford residents to enjoy the city centre’s nightlife and shopping attractions while still enjoying everything Salford has to offer. Liverpool is also just a short train ride away, with connections to the city’s major train stations such as Liverpool Lime Street and Liverpool South Parkway.
Merchant's Wharf is one of the best deals on Manchester property I have ever seen. The prices are below market value so our investors have a real opportunity to make substantial capital growth.Sarah Roberts, RWinvest