Turnkey new-build with gym, concierge and projected 6.5% net yield.
Three large double bedrooms and three bathrooms
This newly built, south-facing three-bedroom apartment in Merchants Wharf offers turnkey rental potential in a central Manchester location. Finished to a high standard and delivered complete, the property benefits from on-site management, concierge and a gym — enabling immediate lettings and hands-off income from day one.
Projected figures include a 6.5% net rental yield and a quoted 28.8% capital growth over five years; these make the flat a clear investment play for buyers seeking rental return and exposure to Manchester’s regeneration. The development is by an experienced builder (Legacie) with a substantial regional portfolio and an on-site rental company to assist lettings.
Important considerations are factual: the surrounding ward is classified as very deprived, tenure is not specified in the sales information, and some neighbourhood amenities reflect a dense, urban environment aimed at young professionals rather than quiet family living. Crime is recorded as very low and the property has no flood risk, but buyers should verify tenure, service charges and the full financial pack before committing.
Overall this is a modern, well-equipped apartment aimed primarily at investors or buy-to-let purchasers wanting immediate income and long-term upside, while owner-occupiers seeking a quieter, suburban family setting may find the location less suitable.