L I V I N G L I F E O N T H E W A T E R F R O N T
ASSURED RENTAL RETURNS OF CIRCA 6% NET
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WELCOME
Adelphi Wharf contrasts city and country living. The picturesque property provides a residential retreat overlooking the beautiful River Irwell. The meandering river makes its way through the North West before forming the Manchester Ship Canal in Manchester’s city centre, less than half a mile away from the development.
will be on the doorstep of the newly
landscaped gardens for residents to
transformed Chapel Street corridor, as
relax and admire the scenery from.
The location of Adelphi Wharf is simply
The onsite gym offers a modern luxurious
unrivalled. Upon completion of Phase 1
convenience for all residents to enjoy.
in Q1 2017, these boutique apartments
Adelphi Wharf also features beautifully
well as only ten minute walk from the city centre.
The first phase of the development contains 202 luxury apartments, ranging
This ÂŁ75million development features
from studios to three bed town houses.
all the facilities needed for modern 21st century living. Both bicycle storage
Adelphi Wharf is in the heart of an area
and selected car parking spaces allow
galvanised by both a rising population
residents to traverse both the city and
and regeneration, but its countryside
local countryside easily.
appeal is not lost thanks to endless views of the river and meadows.
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KNIGHT KNOX INTERNATIONAL
The Adelphi Wharf development will mark Knight Knox International’s 50th project launched onto the UK market, bringing the total number of apartments launched to more than 4,500, at a value in excess of £360million. By forging strong relationships with a select number of developers, we work in partnership with them on their projects and, as such, are able to provide our investors exclusive access to prime developments across the country. With reports that 1/3 of the population will be a private tenant by the year 2020, it is little wonder
that the buy-to-let market in the UK is thriving, leading to an influx of investment into prime regional markets that will alleviate the strain on the local housing markets. www.knightknox.com
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CUSTOMER RECOMMENDATION
Through Knight Knox International, I have built an investment portfolio of 25 buy-to-let properties that are all yielding me high returns and are all fully managed, meaning I do not have to worry about dealing with the day-to-day issues. I will be looking to build my portfolio further and would certainly recommend Knight Knox International. Mr I Latif
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DEVELOPMENT SUMMARY
Located in Salford, bordering directly on Manchester City Centre, Adelphi Wharf is a £75million development comprising a total of 580 designer apartments. The first phase, set to be completed in August 2016, offers a mix of studio, 1, 2 and 3-bed apartments, in addition to a limited number of town houses. In addition to enabling residents to live life on the waterfront, the development will be situated just off Salford’s new and enhanced Chapel Street, only minutes away from bus, tram and train stations, as well as Manchester’s vibrant City Centre.
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* These images are for marketing purposes only and do not reflect intended furniture packs.
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POPULATION OF SALFORD EST. TO GROW BY 10.1% BY 2020
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EXPLORE THE CITY
Adelphi Wharf’s location is almost unprecedented. Situated overlooking the iconic River Irwell and enjoying an abundance of unspoilt rural areas, this development is truly a rustic retreat. However, despite its picturesque surroundings, Adelphi Wharf also benefits from its cosmopolitan location in the midst of the thriving city of Salford. Located on Adelphi Street, Adelphi Wharf is just a stone’s throw away from Chapel
Street, a central corridor linking Salford
stops along 57 miles in and around the
to the neighbouring city of Manchester.
city. Furthermore, the M602 motorway connects Salford and Manchester, and
With local amenities easily accessible by
easy accessibility to the M60 motorway
foot, residents are also free to explore
means that Adelphi Wharf residents are
the immediate area with ease thanks
never far away from neighbouring cities
to excellent transport links in and
such as Liverpool and Leeds.
around the area. Also, access to prime transportation links mean that residents
The location of Adelphi Wharf is truly
of Adelphi Wharf are easily connected
unrivalled, as it offers its residents the
to almost anywhere within Greater
best of both worlds— picturesque rural
Manchester’s ten boroughs thanks to
surroundings, and cosmopolitan living in
the Metrolink system, the UK’s largest
the heart of a thriving city.
light rail tram system, which has 92
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WHY INVEST IN GREATER MANCHESTER?
In recent years, the UK has seen a seismic shift in the buy-to-let market. Whereas the market was once increasingly London-centric, with investors enticed by the high demand and even higher house prices that the capital offered, regional investments are now taking centre stage. The London market has slowed in recent months thanks to mountainous house prices, which is why there has been a
rise in investors and homebuyers alike,
by 12% since January 2014, a growth rate
migrating from the capital into big
higher even than London, which only
regional cities like Greater Manchester,
recorded an 8.2% growth. Because of this,
keen to take advantage of the lower
average rents in Salford Quays are now
house prices and higher rental yields.
in excess of £600, meaning that investors in the area are benefitting from higher
Since the creation of MediaCityUK, the
returns on investment. As the region
popularity of Salford has skyrocketed,
benefits from billions of pounds of inward
with HSBC even naming Salford the UK’s
investment, more and more investors
buy-to-let hotspot for 2014, since the
are becoming enamoured with the area’s
area’s housing and rental market has
substantial rejuvenation, as well as the
surged. According to Zoopla, the average
future investment potential that Salford
value of a home in Salford has increased
has to offer.
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MANCHESTER NAMED ‘GO TO’ DESTINATION IN 2015 NEW YORK TIMES
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AN AREA TRANSFORMED
The city of Salford is going through one of the most exciting revitalisations in the UK.
gateway from Salford to Manchester, and
Greater Manchester offers the most
This is just the beginning of Salford’s
to provide 580 new homes in a truly
centralised transport infrastructure in
regeneration, with plenty more inward
burgeoning area. With regeneration rife
the country, including the largest airport
investment on the horizon. New homes
and an almost unprecedented level of
outside of London. In Salford, ten tram
are particularly important to the region,
tourism taking place in the area, the city
stops, two train stations and numerous
as the whole of the UK is facing a
of Salford is thriving, with no sign of
bus routes link the cities together.
massive housing shortage. Across Greater
stopping in the foreseeable future.
has recently undergone a ÂŁ10million transformation.
It is in this economy that plans for Adelphi Wharf has been announced, set
Manchester, the 10 boroughs have Chapel Street, the A6, is the primary
homes are needed per year.
calculated approximately 11,000 new
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£650 MILLION HAS SO FAR BEEN INVESTED IN REGENERATION PROJECTS IN SALFORD
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TIMELINE OF REGENERATION & INVESTMENT
The waterways in and around Greater Manchester have played a vital role in the history of the area. With the history of the North so synonymously linked with the Industrial Revolution that dominated the 19th century, the wealth of Greater Manchester was greatly enhanced by schemes like the Manchester Ship Canal, which made the transportation of goods more efficient and cost-effective. The impact that such a revolutionary scheme had on the Greater Manchester area is unquestionable, as the Canal proved to be invaluable during the
trading boom that came as a result of the Industrial Revolution and beyond.
1230: SALFORD - A FREE BOROUGH
Although the Manchester Ship Canal and
issued by Ranulf de Blundeville, Earl of Chester.
The town of Salford becomes a free borough thanks to a charter
the time of the Industrial Revolution has long gone, Greater Manchester’s illustrious industrial past is still ever-present, thanks
1805: UK’S FIRST GAS STREET LAMPS
to the iconic River Irwell, a constant
The first gas street light illuminates part of Chapel Street in Salford,
reminder of a bygone era, and a
along with the Philips and Lee factory.
glowing testament to a powerful region so steeped in local history.
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1830: NEW RAILWAY SYSTEMS UNVEILED
1896: FORWARD INNOVATION
The Liverpool and Manchester Railway opens, improving
The Royal Technical College is established, now known as the University of
intercity connectivity almost overnight. However, this new form
Salford. Additionally, the first purpose-built industrial estate is created at
of transportation causes a major decline in operations of Greater
Trafford Park next to Salford Quays.
Manchester’s existing waterways.
1894: THE MANCHESTER SHIP CANAL Manchester Ship Canal officially opens on the 21st May 1894, with a ceremony officiated by Queen Victoria. The resulting Port of Manchester soon establishes itself as one of the busiest and most crucial ports in the UK, making it vital for the North West’s journey to becoming an industrial powerhouse
1926: SALFORD BECOMES A CITY 21st April 1926 sees King George V grant the County Borough of Salford its own city status, henceforth becoming the City of Salford.
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1993: PEEL INVESTS IN SALFORD
2011: MEDIACITYUK
Peel Holdings acquires the land surrounding the former Ship
£650 million development MediaCityUK is finally built, a bespoke
Canal from Salford City Council, marking the very beginning of
industry hub for digital and creative industries. The new home
Salford’s illustrious transformation.
of the BBC and ITV studios completely rejuvenates the area of Salford Quays.
2006: THE ATLANTIC GATEWAY Sci-Tech Daresbury opens, the first project of Peel Group’s Atlantic Gateway scheme consisting of £50 billion of investment spread over 50 years to revitalise the Northern Corridor.
2015: PORT SALFORD The estimated completion date for Port Salford, a complete conversion of the Salford Docks, consisting of a 153,000sqm warehousing facility and the only inland multi-modal distribution park in all of the UK served by rail, road and sea. The cost of the conversion is set to be £400 million.
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2018: REGENERATION OF SALFORD CENTRAL The estimated completion date for the Salford Central project, with a development scheme targeting 50 acres of Salford’s civic and historic centre. Key elements will include focus on Chapel Street, which is to be a new gateway to the city centre, and plans for the New Bailey, an extension to Manchester’s Central Business District. The cost is said to be in the region of £650 million.
Beyond 2015, the future looks bright for
train station, along with countless other
Salford. Plans are afoot to expand the
investment projects taking place in Salford,
MediaCityUK site by an additional 60 acres,
all contribute to the government’s current
and the regeneration of the area is not
plan to create a ‘Northern Powerhouse’, an
likely to stop there. Bars, restaurants and
area in the North of England set to balance
shops are set to populate the already-
the economy away from London. With all its
thriving waterfront, and the picturesque
inward investment, creativity and potential
waterways are set to experience a
for expansion, Greater Manchester’s status
regeneration of their own as part of a
as the UK’s ‘second city’ is indisputable,
£50 million Atlantic Gateway project.
and its aim of becoming a ‘Northern
Furthermore, additional phases in the
Powerhouse’ in its own right is becoming
Chapel Street Regeneration Scheme, as
almost inevitable.
well as plans to improve Salford Central
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PURCHASE PROCESS
1 2 3
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Speak to your designated property consultant Choose your perfect apartment and pay the deposit Both sets of solicitors are instructed and the legal documents and sales pack sent out to you 25% payable within 21 days upon exchange of contact (less the reservation fee) A further 25% payable on roof height (approximatley 6 months) Remaining balance payable upon completion of the development
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4.3M PEOPLE IN THE UK ARE RENTING PRIVATELY SAVILLS, RENTAL BRITAIN
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LOCATION INFORMATION
University of Salford, Salford Leisure Centre & Salford Business Centre M
The Lowry Hotel
Salford Museum and Art Gallery
Spinningfields
Salford Crescent Station,
Royal Exchange Theatre
& Victoria Station Salford Cathedral
Arndale Shopping Centre
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SALFORD
CHAPEL STREET REGENERATION AREA
ADELPHI STREET
M
CHAPEL STREET
MANCHESTER CITY CENTRE
ALL YOU NEED RIGHT AT YOUR DOOR Located in an area that has benefitted
With local amenities like shops,
from intense regeneration and
restaurants and museums on the
investment over the past couple of years,
doorstep, plus the added benefit of
Adelphi Wharf is ideal for anyone seeking
being a 10-minute walk to the centre of
a hassle-free, buy-to-let investment.
Manchester, these new-build apartments
Designed with residents in mind,
are certain to be a success.
the spacious rooms and competitive price point all combine to ensure the apartments will generate high levels of interest from the private rental market,
10 MINUTES FROM MANCHESTER CITY CENTRE
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FLOOR PLANS
KEY Studio Apartments 1 Bedroom Apartments 2 Bedroom Apartments
MASTER FLOOR PLAN - PHASE 1 Total Units : 202
Townhouses
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Kitchen/Dining
Bathroom Balcony
Entrance
Living Room Storage
Master Bedroom
STUDIO FLOOR PLAN Total Units : 33
* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
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Entrance Bathroom
Master Bedroom
Living Room
Kitchen/Dining Balcony
ONE BEDROOM FLOOR PLAN Total Units : 60
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Storage Bathroom
Kitchen/Dining
En-suite Entrance
Living Room
Master Bedroom
Balcony
Master Bedroom
TWO BEDROOM FLOOR PLAN Total Units : 88
* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
26 Bedroom
Entrance
Kitchen/Dining Living Room
Bedroom
Master Bedroom
Bathroom Balcony
THREE BEDROOM FLOOR PLAN Total Units : 12
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En-suite
Bathroom
Townhouse Ground Floor Plan Townhouse Basement Floor Plan
Balcony
Living Room Kitchen/Dining
Master Bedroom Entrance Bedroom
Bedroom
Townhouse Lower Ground Floor Plan Master Bedroom
Bathroom
TOWNHOUSE FLOOR PLAN Total Units : 9
* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
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FORTIS DEVELOPMENTS
1. Dunn House | Sunderland Sold Out & Tenanted! 2. Bard House | Nottingham Sold Out & Tenanted!
Setting the standards for student, leisure and residential development throughout the UK!
3. Minerva House | Nottingham Sold Out & Tenanted! We undertake luxury student accommodation and regeneration projects in prime locations at key university sites nationwide. Along with our
Fortis Developments Ltd is one of the fastest growing development companies in the UK. The company was created to provide luxury developments, achieving the growing standards in the marketplace.
careful choice of locations, the cornerstones
Firmly established at the forefront of the industry,
markets around the UK.
Fortis Developments is now one of the most experienced and extensive developers of student accommodation, luxury apartments and regeneration schemes in the UK.
of our success have been a combination of creativity and functionality. It is our objective to create highly sought after developments in growing
4. St Andrew’s Court | Glasgow Sold Out & Tenanted! 5. Central House | Glasgow Sold Out & Tenanted! 6. Merebank Court | Liverpool Sold Out & Tenanted! 7. All Saints | Sunderland Sold Out & Tenanted! 8. Rede House | Middlesbrough Sold Out & Tenanted!
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1.
2.
3.
4.
9. Devonshire House | Birmingham Sold Out & Tenanted! 5.
6.
7.
8.
10. Robert Owen House | Glasgow Sold Out & In Construction! 11. Burgess House | Newcastle Sold Out & In Construction! 12. Chronicle House | Chester Sold Out & In Construction! 13. Sovereign House | Sheffield Sold Out & In Construction!
9.
10.
11.
12. 14. New Bank House | Sheffield Sold Out & In Construction! 15. East Point | Leeds 70% Sold Out! 16. Avalon Court | Nottingham Sold Out & In Construction!
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16.
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BY 2018, 1 IN 5 UK HOUSEHOLDS WILL BE RENTING IN THE PRIVATE SECTOR
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NEED TO KNOW
Am I buying as freehold or leasehold?
How much is the ground rent?
Is there a management company in place?
250 years leasehold
Ground rent is ÂŁ295 per annum
Yes, the designated management company will
What is the address of the site? Adelphi Street, Salford M3 6EN
What are the projected annual returns on this project?
manage and let the building
Returns of circa 6% are assured for the first year
Are there any restrictions if I want to sell?
from completion of your apartment
No, Adelphi Wharf is a residential development,
Are there tenants already in place? No, Adelphi Wharf is a new-build development.
be Fortis Lettings & Management, who will block
When is my rental income paid? Quarterly in arrears, direct into your bank account from completion
so you are free to sell your apartment on the open market
Market Leaders in Worldwide Property Investment www.knightknox.com 0161 772 1370
L I V I N G L I F E O N T H E W A T E R F R O N T
www.knightknox.com/adelphiwharf 0161 914 6488 The information contained within this document is intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.
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