Merchant's Wharf, Manchester

Merchant’s Wharf is a new-build residential development located beside the River Irwell in Salford. Situated just 850m to Manchester city centre and 1.2km from Salford Quays, this stylish new scheme brings over 196 waterfront apartments to a newly established neighbourhood. There are 1, 2 and 3-bedroom apartment layouts with limited 3-bedroom duplex units now remaining, ideal for flat sharing friends and working professionals in the surrounding areas.

The land on which Merchant’s Wharf apartments are being constructed was previously a dyeworks in the 18th and 19th centuries, where velvet and other fabrics were tinted and then exported all over the globe. The site is now set to be transformed as part of a wider regeneration initiative, working towards creating a mixed-use zone on this post-industrious landscape.

Merchant’s Wharf Manchester presents a unique off plan buy to let investment opportunity with a historic twist. The apartments are up to 55% below market value, with units starting from £429,950 for a 3-bedroom duplex! A projected rental return of 6.5% will provide buy to let investors with a lucrative rental income after the development’s completion.

Aside from securing properties well below market value and earning high rental yields, Manchester has an exceptionally strong property market, forecast to see the highest increase in property prices over the next five years than any other UK city. Investors could see house price growth of 17.1% on rental properties. Merchant’s Wharf is in a perfect position to benefit from this.

This brand-new residence features some impressive onsite amenities including a gym and car parking. Designed by leading architects, Merchant’s Wharf has stunning private balconies sprinkled throughout the development with spacious outdoor terraces benefitting the superior penthouse units. A concierge service is provided for tenants, working around the clock to look after their every want and need.

There are also onsite commercial units which will lend themselves to chic bistros and bars, making this a mixed-use development with ultimate convenience for tenants. This fits in nicely with the wider riverside area initiatives which aim to blend residential, commercial and leisure sectors together throughout the properties being built there.

Between Deansgate in Manchester city centre and Salford Quays lies a regeneration zone along the River Irwell where new residential developments are completely reshaping the area. Merchant’s Wharf apartments can be found within this highly sought-after residential hotspot, just 1.2km from Spinningfields business district and 1.8km from MediaCityUK which is currently undergoing a £1 billion expansion.

Merchant’s Wharf is located only 290m from Cornbrook Metrolink which affords direct connections all around the city. There is also a bus stop right outside the development and excellent road links. A new bridge being constructed over the River Irwell will hook this scheme up with fellow residential developments in the district, creating a harmonious community perfect for Manchester’s growing workforce of young professionals.

The developer of Merchant’s Wharf is Legacie Developments. Legacie has been working in the property development industry for over 20 years and is now highly established throughout the sector. Their participation in the development of Liverpool’s Reliance House, Dale Street and Ropemaker Place among many others has made moving into the Manchester market a natural next step for them.

As one of the largest privately owned developers in the North West, Legacie strive to deliver unmatched value to both their investors and the tenants. Their sold track record built up over several years cements them as a trustworthy and extremely skilful developer of property.