Thriving region in the North West of England
and the UK’s property investment hotspot
Price range: £132,995 – £394,995
376 apartments spread over eight storeys, the development is a premium opportunity for investors looking for their next property.
Bridgewater Wharf is the new development in Greater Manchester, close to both Manchester and Salford city centres.The premium apartments, duplexes and townhouses at Bridgewater Wharf are sure to prove popular in Salford which is suffering from a ongoing shortage of high quality rental accommodation. Many apartments include spacious balconies which overlook Salford and Manchester, providing the sort of views which are in high demand.
Bridgewater Wharf is the perfect home for people looking to live close to both Manchester city centre and the picturesque Salford Quays waterfront, which includes MediaCityUK. Both are only a short distance from the development, as are all of the restaurants, shops, bars and public transport options that anyone could ask for. When on-site amenities are taken into account – such as secure cycle storage, a communal residents’ lounge, a private gymnasium and parking on selected units – it is clear that Bridgewater Wharf is an outstanding opportunity for investors.
Why Invest In Greater Manchester:
Bridgewater Wharf – 5.5% NET Rental Income Guaranteed for 2 years
The Private Rented Sector is expected to grow by 24% by 2021 and rents are similarly on an upward curve, with Knight Frank predicting a national rise in rents of 14% by 2022.
As key players in the government scheme, Manchester and Salford have grown impressively and now compete with London as top locations in the UK for investors. Greater Manchester now contributes more than £56bn GVA to the economy annually and this is predicted to rise 2.8% each year until 2024.
Economic growth in Greater Manchester is driving the buy-to-let market which is good news for investors. It has led to the housing boom in the region today, with Salford and Manchester becoming some of the most popular places to relocate to in the UK. Today, there are thousands of young people moving to the Greater Manchester region for the excellent employment opportunities and high quality lifestyle on offer.
Property prices in Salford have increased by 33.9% in the last 5 years (Zoopla, March 2019)
MediaCityUK is doubling in size with a £1BN investment (Peel Holdings)
By 2022, it is predicted that house prices will grow by 15.3% and rents will rise by 13.6% (JLL, 2018)
Greater Manchester will need at least 200,000 New Homes by 2040 to meet anticipated economic and population growth (TFGM, 2017)
Property types: studio apartments, one bedroom apartments, two bedroom apartment, three bedroom apartments, three bedroom townhouses, three bedroom duplexes, four bedroom duplexes
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