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at Merchant's Wharf, Merchants Wharf... 3 bed apartment for sale
Merchants Wharf, Manchester M5
£549,950
Merchants Wharf, Manchester M5
£549,950
Our Summary
- Now a thriving residential area undergoing significant investment and regeneration, the development offers much-needed high-quality homes
Description
This luxurious apartment is situated in a historic location, once a dyeworks, which is now undergoing significant regeneration and investment. The property boasts a south-facing aspect, walk-in wardrobe, and high-end finishes, making it an ideal choice for both buy-to-let investors and owner-occupiers. The apartment is part of a £475 million development by Legacie, winner of Property Developer of the Year 2023, which has already delivered £30 million in returns to investors. Investors can earn a net rental yield of 6.5% and a projected capital growth of 28.8% over the next five years, making it a lucrative investment opportunity. The property's prime location, near MediaCityUK, Deansgate, and Spinningfields, as well as its proximity to bars and restaurants along the waterfront, makes it an attractive choice for young professionals working in the area.