£75m luxury residential scheme in city set for launch
THE third and final phase of the £75m luxury residential scheme at Adelphi Wharf in Salford has been launched.
Knight Knox, a provider of buy-to-let properties to the private investor market, says the first phase has already sold out with just one of the second phase’s 163 units remaining.
The apartments are being sold by Knight Knox, while Fortis Developments is the developer, in association with Elite City Living.
The scheme will be let by Fortis Lettings and Management and block managed by Fortis Estate Management.
Within walking distance of Manchester city centre, the scheme is set to include secure bicycle storage, an on-site gymnasium (located in Phase 1 and available to all residents), a concierge reception area and landscaped gardens. Secure underground parking will also be available.
Andy Phillips, commercial director at Knight Knox, said: “Investment activity is booming across the North West at the moment, particularly around the Salford area – and the city’s regeneration shows no sign of slowing down this year.
“Adelphi Wharf not only offers a particularly good opportunity for investors looking to reap high yields, but will also provide luxury housing to the influx of people moving to Salford as the Northern Powerhouse continues to thrive.”
