Nestled in the heart of Salford Quays, Furness Quay Manchester stands as a beacon of modern urban living, offering a unique blend of convenience, luxury, and investment potential. This development has captured the attention of buy-to-let property investors, thanks to its strategic location, high-quality apartments, and appeal to professional tenants. In this blog, we’ll delve into the details of Furness Quay Manchester, exploring its developer, the types of apartments available, its proximity to key locations, and why it’s a prime choice for investors.
The Developer Behind Furness Quay Manchester
Furness Quay Manchester is brought to life by Latimer, a division of Clarion Housing Group. Latimer is renowned for its commitment to creating high-quality homes that cater to diverse needs, from outright sales to shared ownership options. With a focus on sustainability and community, Latimer ensures that each development is not just a place to live but a thriving hub for residents. Furness Quay Manchester exemplifies this ethos, offering a range of apartments designed to meet the demands of modern living while fostering a sense of community.
Types of Apartments Available
The development boasts a distinctive collection of one, two, and three-bedroom apartments and duplexes. Each unit is thoughtfully designed with open-plan living spaces, fully integrated appliances, and high-quality fixtures and finishes. Many apartments feature private balconies, providing residents with a personal outdoor space to relax and enjoy the views.
For those seeking a touch of luxury, the development includes exclusive resident features such as an on-site concierge and a landscaped communal rooftop terrace with breathtaking views of the city skyline. These amenities not only enhance the living experience but also add value to the property, making it an attractive option for buy-to-let investors.
Prices of Apartments Available in Furness Quay Manchester
This development boasts some of the lowest prices available in Manchester at the moment and poses a great investment opportunity or place to live.
1 Beds Start at £178K
2 Beds Start at £268K
3 Beds Start at £336K
Proximity to MediaCity and Manchester City Centre
One of the standout features of Furness Quay Manchester is its exceptional location. Situated in Salford Quays, the development is just a stone’s throw away from MediaCityUK, a hub for digital and creative industries. This proximity makes it an ideal choice for professionals working in MediaCity, who seek convenient and stylish living options.
Additionally, Manchester City Centre is easily accessible, with excellent transport links including the Salford Quays Metrolink stop, which is only a five-minute walk away. Residents can reach the city centre in just 13 minutes by tram, making it perfect for those who want to enjoy the vibrant culture, shopping, and dining options that Manchester has to offer.
Appeal to Professional Tenants
The appeal of Furness Quay Manchester to professional tenants cannot be overstated. Its proximity to major business hubs like MediaCityUK and Manchester City Centre makes it a top choice for young professionals and recent graduates. The development’s modern design, high-spec interiors, and exclusive amenities cater to the lifestyle preferences of this demographic, ensuring high demand for rental properties.
Moreover, Salford Quays itself is a rapidly developing area with a wealth of cultural, sporting, and leisure destinations. From the Lowry Theatre to the monthly Makers Market, residents have access to a vibrant community and a plethora of activities right on their doorstep. This combination of convenience and lifestyle makes Furness Quay Manchester a magnet for professional tenants.
Why Invest in MediaCityUK
MediaCity Manchester has grown into one of the UK’s most important creative and digital hubs, attracting both institutional investment and individual property buyers. The area continues to undergo ambitious expansion, with plans approved to deliver around 3,000 new homes alongside 800,000 square feet of additional commercial space across 60 acres of land. This transformation is set to double the size of the district, creating new retail, leisure, and public spaces that will strengthen its position as a mixed-use destination.
The strength of MediaCity is underpinned by its ownership and management. Landsec, one of the UK’s largest property companies, acquired a majority stake in the development in 2021 for £425.6 million and has since taken full control, working in partnership with Peel L&P. This institutional backing provides a stable foundation for long-term growth and ensures that regeneration is delivered with strategic oversight and financial strength.
Occupier demand is another major advantage. The first phase of MediaCity reached approximately 96% occupancy, housing global brands such as the BBC and ITV alongside more than 250 creative and tech SMEs. This mix of blue-chip tenants and innovative smaller businesses provides both stability and growth potential, reducing the risks associated with overreliance on one sector (Pro Manchester). New content studios, workspaces, and innovation hubs continue to draw businesses seeking to be part of a thriving cluster (GM Business Board).
From an investment perspective, MediaCity offers both secure income and strong growth prospects. Some transactions in the area have achieved net initial yields of around 5.8 per cent, while leases often include rent reviews tied to inflation, providing investors with predictable, inflation-linked income growth (MediaCityUK). Residential values in Salford Quays and surrounding areas are also on the rise, driven by high rental demand and the wider regeneration pipeline.
Connectivity is another factor that makes MediaCity highly appealing. The area benefits from excellent transport links, including the Manchester Metrolink, which connects it directly to the city centre. Its position within Greater Manchester ensures access to a highly skilled workforce, with the region already recognised as one of the UK’s leading centres for media, digital, and technology industries (Pro Manchester).
Finally, MediaCity has established itself as more than just a commercial district. Initiatives such as HOST Salford are helping to generate millions in social value by supporting job creation, skills development, and digital growth within the community (MediaCityUK). Investment in creative technologies and innovation is positioning the area as a future-proofed ecosystem for both businesses and residents, offering investors long-term stability in an increasingly competitive market (MediaCityUK).
Why Buy-to-Let Investors Should Consider Furness Quay Manchester
For buy-to-let property investors, Furness Quay Manchester presents a compelling opportunity. The development’s location in Salford Quays, a rapidly appreciating area, ensures strong capital growth potential. Over the past decade, house prices in Salford have risen by 105%, highlighting the area’s investment appeal.
The rental yield is equally attractive, with potential returns of up to 6%. This is bolstered by the high demand for rental properties among professional tenants, who are drawn to the development’s proximity to business hubs and its modern amenities. Additionally, the 999-year leasehold and turnkey investment opportunity make Furness Quay Manchester a secure and hassle-free choice for investors.
Furness Quay Manchester is more than just a residential development; it’s a gateway to a thriving community, a hub for professional tenants, and a lucrative investment opportunity. With its high-quality apartments, strategic location, and appeal to young professionals, it ticks all the boxes for buy-to-let property investors. Whether you’re looking to expand your portfolio or make your first investment, Furness Quay Manchester offers the perfect blend of work and leisure, ensuring strong returns and long-term growth.
Investing in Furness Quay Manchester, is not just about owning property; it’s about being part of a dynamic and rapidly growing area that promises a bright future. Don’t miss the chance to be part of this exciting development, explore Furness Quay Manchester today and discover the potential it holds for your investment journey.
