Article Summary

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.