Why Choose Merchant’s Wharf for Your Next Manchester Investment?

There are many reasons why you should invest in Manchester when you next decide to make a buy to let investment. Manchester delivers the holy trinity essential to any money-making investment – low price, high yield and even higher growth prospects.

Merchant’s Wharf apartments are priced well below the average value for Manchester with 3-bedroom duplex units starting from £429,950. This is because of the fantastic deal achieved by the developer. The returns are projected at a healthy 6.5%, and price growth will reach 17.1% in the next 5 years. This figure could be conservative as other property experts have predicted that prices in the North West region will grow by 28.8% by 2025!

Regeneration is key to ensuring this price growth, and the expanding nature of the riverside area suggests that there is money to be made when it comes to investment. New residential schemes like Merchant’s Wharf Manchester are completing all the time, with plenty more gaining planning permission or in the construction phases. This buzz in activity is rapidly enhancing the area which sits in such a highly desirable spot for Manchester investment on the River Irwell, only a short train ride from both the city centre and Salford Quays.

By investing now at a low price, watch the value of these apartments skyrocket in just a few years when it is an even more fashionable and well-known multi-purpose destination on the Manchester map.

Salford is such a fruitful city for investment because it continues to experience a lack of supply in accommodation throughout both residential and student sectors. For the last 5 years, there has been high demand from tenants for luxury living spaces in Manchester, leading to better yields for investors and the highest price growth in the UK for five of the last six years.

Another factor contributing to positive Manchester investment is population. Manchester is the fastest growing UK city with 130,000 people now living in the city centre and a 14.1% rise expected by 2041. There are also 2.7 million residents in the Greater Manchester area which includes Salford, and 1.7 million of these are of a working age. Many of these professionals work in the creative and digital business hubs at MediaCityUK and the financial offices predominantly located in Spinningfields, 1.2km away from Merchant’s Wharf.

Universities help to stir up increases in the population due to their high graduate retention rate. There are over 105,000 students in Manchester and over 50% of these decide to stay in Manchester after their studies are complete.

Manchester is considered the best city to live in the UK. It is a key economy for business and investment throughout the world, and on a more local scale, is responsible for 51% of north-west economic output. Over 6,500 businesses are located in Manchester with 80 of these in the acclaimed FTSE 100. Famous brands include BBC, ITV, Adidas and Google. It also has the largest travel to work catchment area of any regional UK city.

All of these factors and more encourage investors to invest in Manchester rather than former property hotspots such as London, where you simply can’t get low property prices, high yields or capital appreciation anymore. If you’re a first-time investor, Merchant’s Wharf makes for a rewarding property investment strategy, with returning investors also looking to this development for their next Manchester investment due to its ability to produce great profits, coupled with the excitement of being part of such a prestigious new scheme.