We are pleased to offer a stunning new waterfront residential development, perfectly located just minutes from Manchester city centre. Offering investors a strong combination of capital appreciation and high rental yields. First phase of a new build development, the 164 new apartments at Wharfside look set to raise the bar for new waterfront properties in central Manchester.
Wharfside, Manchester - An Overview
1/2/3-bed apartments
488 - 1,034 sq ft
249-year leasehold title
Est. completion Q3 2016
Up to 75% LTV available
Rental yields of up to 5.48%
Starting from GBP158,000
Wharfside - Key Investment Highlights
High-quality specification and finish
First phase of a new-build riverside development around the historic Wilburn Basin
Car parking available for many units
Just a short walk from the thriving Spinningfields business and employment hub
Wharfside - Location In Manchester
Key to the appeal of the new Wharfside project is its location in close proximity to Manchester city centre, and in particular the stunning new commercial district at Spinningfields. Home to a number of high profile international brands including RBS, HSBC and BNY Mellon, Spinningfields is rapidly becoming the new commercial hub for the North West.
Around the new Wharfside development, the regeneration of Manchester’s riverside has become a £72 million core initiative of the city and aims to transform the local river paths into exciting promenades which encourage residential and commercial development just minutes from the city’s CBD.
Manchester is growing at an impressive rate. The city centre’s population now exceeds 500,000 residents, with forecasts expecting a further 50,000 over the next decade. Meanwhile the Greater Manchester population grew by 7% between 2003 and 2013 and is expected to attract a further half a million new residents by 2025.
This growth is being driven by the city’s strong economic and business growth, with 110,000 new jobs forecast to be created by 2024 and average incomes having grown by 8.4% from 2013 to 2014. The five years to 2014 saw annual growth of 5.4% in the city’s private sector office jobs; 42% higher than the growth seen in London over the same period.
Wharfside - Reservation and Payment Process
- £3,000.00 reservation fee
- 10% on exchange,
- 5% 6 weeks after exchange
- Balance upon completion (September 2016)
