Construction Begins at Salford’s Bridgewater Wharf

June 20, 2019

Share to: 

Article Summary

Manchester
  • The 376-property scheme includes studio to three-bedroom apartments, townhouses and duplexes.

  • The building on Manchester's waterfront offers beautiful riverside views. Also, its location in the centre of Salford means it is only a short walk to the vibrant city centre.

  • Just £132,495 is the starting prices at Bridgewater Wharf.  Predicted for buy-to-let investors are 7.5% yields.

Construction has started at the new Bridgewater Wharf development on Ordsall Lane in the heart of Salford. The 376-property scheme includes studio to three-bedroom apartments, townhouses and duplexes. As well as great onsite facilities such as a modern, well-equipped gym and a green shared area.

Fortis Developments

Managing the project are award-winning developers Fortis Group. With construction being led by the contractor arm of Fortis Group, Beaumont Morgan. The building on Manchester’s waterfront offers beautiful riverside views. Also, its location in the centre of Salford means it is only a short walk to the vibrant city centre. Also, MediaCityUK. Therefore, making it very attractive to the area’s growing tenant market and buy-to-let investors.

Salford Property Investments

Kieran Moore, director at Fortis Group, said: “Ordsall Lane in particular is a key gateway that joins Salford with Manchester. While providing a lower cost of living for residents without covering the access to thriving amenities and connectivity to the regions key businesses.

“The Salford market is growing. We will only see an increase in the demand for high-quality rental accommodation as more investment is put into drawing in more businesses, and therefore more employees, to the area.”

Property Investments Under £150,000

Just £132,495 is the starting prices at Bridgewater Wharf.  Predicted for buy-to-let investors are 7.5% yields. Construction is due to complete in early 2020.

What is property investment?

Put simply, property investment is property purchased with the intention of generating financial returns for its buyer. These returns could be in the form of rental income through buy-to-let properties, house price growth through the future sale of the property or both. Property investments can be owned by individuals or organisations and can be short, long or medium term.

Get in touch

For all of the latest information about Manchester property investments and to start your own property investment journey, contact the experts at North Property Group now.

Share to: 

Explore our property in Manchester

The Bailey

From £262,450

   Gross Yield: 6%
   In Construction
   Est. Q4 2024
   Lease Length: 250 Years

Related Articles

Manchester revealed as the UK’s best connected city

Manchester has been announced as the UK’s best connected city for transport and communications, in a recent report by Transport for Wales.

Read More →

Manchester named top UK city for Foreign Direct Investment

Manchester was recently recognised as a leading city for foreign direct investment in the UK, coming only second to London.

Read More →

Red Bank Manchester – A Regeneration Project and Investment Opportunity

Manchester has become one of the UK’s best property markets, with thousands flocking to the city each year to work, study, and play…

Read More →

Manchester named ‘creative capital’ of the UK

For many property investors in the UK’s 2023 buy-to-let market, the standout feature has been the remarkable rental growth.

Read More →

Property Investment Thrives as Rental Prices Increase, Landlords Seeing an Extra Months Rental Income per year

UK house prices have seen a positive trajectory for the third consecutive month, demonstrating resilience despite earlier forecasts of a downturn.

Read More →

Manchester Secures Coveted Spot on The New York Times’ 2024 ’52 Places to Go’ List

For many property investors in the UK’s 2023 buy-to-let market, the standout feature has been the remarkable rental growth.

Read More →

Come talk to our professionals to learn more about the UK property market now!

Learn more about investing in Manchester by downloading our guide today