Adelphi Wharf Phase 2

The second phase of the incredibly successful Adelphi Wharf project has been hotly anticipated, located in one of the UK's buy-to-let property hotspots - Greater Manchester's popular region of Salford.

  • Located In Manchester
  • Prices From £109,995
  • 1, 2 And 3 Bedroom Apartments Available
  • Situated on Waterfront Of River Irwell
  • 2nd Phase of a 3 phase development
  • Completion Q4 2017

Why Invest In Adelphi Wharf Phase 2?

The second phase of the incredibly successful Adelphi Wharf project has been hotly anticipated, located in one of the UK's buy-to-let property hotspots - Greater Manchester's popular region of Salford.
Adelphi Wharf Phase 2 comes on the back of the highly successful selling-out of the first phase, with investors enamoured with the development's superb location, spacious apartments boasting luxury fixtures and fittings, as well as the area's ever-growing rental demand. 
Adelphi Wharf is set to be an idyllic tenant retreat, perfectly contrasting city and country living. Residents will enjoy the best of both worlds - a stunning waterfront property overlooking 
the picturesque River Irwell, yet just a stone's throw away from vibrant Manchester and all that the city centre has to offer.
Phase 2 of this £75 million development will consist of 163 stunning apartments, ranging from spacious studios to luxury three-beds, each furnished to the highest of standards. In addition, Adelphi Wharf features a state-of-theart private on-site gym, as well as communal areas, secure bicycle storage and allocated parking for its residents.

The standard maintained in Adelphi Wharf could not be higher - each and every apartment within the development is spacious and luxurious, benefitting from unparalleled views of either the stunning river or dynamic city that surrounds the development. Juliette balconies and private terraces enhance residents' enjoyment of living by the waterside, whilst the luxurious fixtures and furnishings in each apartment perfectly befits modern city living. 
At the forefront of high-end rental accommodation in Salford, the second phase of Adelphi Wharf will emulate the first, fitted with top-of-the-range appliances and fixtures that perfectly enhance the apartment's ample space and natural light. 
In addition to the development's stunning living spaces, the site will also provide on-site amenities that would not look out of place in a boutique hotel. A private gym, stunning outdoor spaces and secure bicycle storage were all meticulously designed with residents in mind, making Adelphi Wharf the perfect tenant retreat.

Why Salford?

Once known only as Manchester's more indistinct neighbour, Salford has now come into its own, thanks to huge regeneration projects that have rejuvenated the entire city. Schemes like MediaCityUK on Salford's stunning quayfront, and the Chapel Street corridor which links Salford and Manchester have revitalised the city, breathing new life into areas with almost uncapped potential.

  • Private sector employment in Salford is forecast to increase by 11.2% by 2020, with the creation of over 8,600 new jobs - Association of Greater Manchester Authorities
  • Population growth in Salford is expected to be higher than the national average by 2025 - Office of National Statistics (ONS)
  • The average value of a home in Salford increased by 12% in the first half of 2014 - Zoopla
  • Cost of regeneration over the last 5 years: £1.72 billion (£425m public sector investment and £1.3bn private sector investment) - Salford 2025: A Modern Global City Report

Why Manchester?

Greater Manchester is the UK's largest conurbation outside of London - its population is over 2.7 million, larger than the entire populace of Glasgow, Edinburgh and Belfast combined. The region accounts for a huge £42bn of the country's annual GVA and is seen as the economic centre of the North West, thanks to playing host to the largest international airport outside the capital, as well as the largest light-rail public transport system in the UK. 
In addition, the Government's Northern Powerhouse initiative has put Greater Manchester at its heart, with schemes like HS2 high-speed rail network 
allowing quick and easy access from Manchester to other major cities like Leeds and London only enhancing the city's incredible status.
With successful infrastructure already in place and schemes set to continue the region's innovation in the future, there has never been a better time to invest in Greater Manchester.

  • There are an estimated 1.13 million households across Greater Manchester, but this is forecast to grow by 9.5% by 2020 - Greater Manchester Forecasting Model (GMFM) 
  • The Conservative Government plan to use the Greater Manchester and the Northern Powerhouse to become the biggest economy in Europe by 2030 - The Financial Times
  • Investment in transport in Greater Manchester will add an additional £1bn of economic output to the region, as well as supporting over 20,000 new jobs - Transport for Greater Manchester
  • As of 2014, the average house price in Greater Manchester was £206,465 - Manchester Evening News

FAQ'S

Am I buying as freehold or leasehold? 
250 years leasehold 

What is the address of the site? 
Adelphi Wharf, Adelphi Street, Salford M3 6EN

Are there tenants already in place? 
No, Adelphi Wharf is a new-build development, with completion expected Q3 2017

How much is the ground rent on this development? 
Ground rent is £345 per annum 

What are the projected annual returns? 
Returns of circa 6% NET are expected from the completion of your apartment 

When is my rental income paid? 
Quarterly in arrears, paid directly into your bank account

Is there a lettings & management company in place? 
This development will be fully let by Fortis Residential and block-managed by Fortis Estate Management

Are there any restrictions if I want to sell? 
No, Adelphi Wharf is a residential development, so you are free to sell your apartment on the open market after completion of the purchase

The Property Supplier

For more information on Adelphi Wharf Phase 2 please contact:

+44 (0)1494 416 196 (UK)

OR

+852 53034685 (Hong Kong)


Online Enquiry