For Investment Purposes Only – Minimum 35% Deposit Required
Merchant’s Wharf is a brand-new residential development nestled between Manchester city centre and Salford Quays set just off the River Irwell. The development welcomes 196 luxury apartments spread over two buildings up to nine storeys high. A collection of 1, 2 and 3-bedroom apartments are available as part of a lucrative buy to let investment with up to 6.5% rental return.
There are stunning balconies throughout the floors and private terraces on the penthouse floor overlooking the stunning waterfront. Onsite commercial units provide convenient amenities and a concierge service is available to look after tenants 24/7 in this fully managed buy to let investment opportunity.
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Enjoying a historic past, the area of land on which these apartments are situated was previously a dyeworks where fabrics such as velvet were dyed and shipped around the world. Now a popular residential area where major investment and regeneration are taking place, the development will bring much needed high quality accommodation to the city.
Hotspots such as MediaCityUK, Deansgate and Spinningfields are all within a short distance, meaning this development will be a hit with young working professionals in these districts.
6.5% Net Rental Return
950m from Cornbrook Metrolink
Luxury Balconies and Terraces
Onsite Commercial Space
Prestigious North West Developer
Prices from £149,950
Active Area for Regeneration in Manchester City Centre
Despite being located within 1 mile from both Salford Quays and Manchester city centre, Merchant’s Wharf benefits from being part of the Ordsall Riverside zone – a regeneration area where many other residential developments have either already been built, or are currently under construction.
The Council plan for the waterfront destination to be a vibrant, mixed-use zone with residential, commercial and leisure developments. There is significant capital appreciation to be made here with the area increasing in value all the time as these new developments start taking shape and the vision becomes a reality.
Manchester in general is an exceptional city for investment and an essential cog in the wheel of the North West’s economy. Well known for being the fastest growing UK city outside of London, it’s no surprise that over 51% of the North West’s total economic output is produced by Greater Manchester. Manchester has the largest travel to work catchment area of any any regional UK city, has a city centre population of 130,000 people and also boasts the best graduate retention rate outside London – over 50%.
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