Salford rental growth outpaces Manchester for a third year

Salford has now recorded faster rental growth than neighbouring Manchester for three consecutive years. The driver is straightforward: tenant demand tied to MediaCity and the university has grown while apartment completions have slowed.

For investors, the practical effect is a yield premium at a lower entry price. Our Riverbank Wharf release is priced against this backdrop, with a projected NET yield of 7.4% on one-bedroom stock.

Projections are indicative and depend on occupancy, running costs and interest rates. Capital is at risk.

Capital at risk. Property values can fall as well as rise. This is for information only and is not financial advice.