BRIDGEWATER

BRIDGEWATER
GATE
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TAKE A LOOK INSIDE ONE OF
GREATER MANCHESTER’S MOST
SOUGHT-AFTER RESIDENTIAL
DEVELOPMENTS
BRIDGEWATER
GATE
GATE
BRIDGEWATER
THE
CONTENT
06
THE DEVELOPMENT
Discover Greater Manchester’s latest luxury residential
development: a mixture of 53 stunning studios, 1, 2
and 3 bedroom apartments.
08
THE DESTINATION
Bridgewater Gate is situated perfectly between the
thriving city centre of Manchester and the flourishing
city of Salford. Discover more about the area.
16
THE OPPORTUNITY
Why invest? Discover why Bridgewater Gate is
the perfect buy-to-let opportunity.
18
THE OVERVIEW
Get to know the development better by exploring
Bridgewater Gate’s site plan and example layouts.
24
THE FACTS & PROCESS
Find out more about the purchase process and
what steps to take next.
26
THE DEVELOPER
Meet the highly experienced developer behind
Bridgewater Gate and view a snapshot of their
extensive portfolio of both student and residential
properties.
28
THE MANAGEMENT
Learn about the experienced lettings and
management companies in place who will
expertly manage your investment.
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THE
DEVELOPMENT
Situated on Woden Street, just off Ordsall Lane,
Bridgewater Gate is the latest addition to Greater
Manchester’s thriving property market. This unique
buy-to-let opportunity consists of 53 fashionable
apartments in a new-build development right in
the heart of the flourishing city of Salford, Greater
Manchester.
You as the investor are able to choose from a variety of
spacious studios and boutique one, two and three bedroom apartments – available fully furnished* with quality
features, modern fixtures and elegant finishing touches.
A selected range of apartments additionally benefit from
having access to terraces and balconies, whilst all
residents will be able to enjoy the perks of having a
charming communal rooftop garden.
Its location in Salford means that Bridgewater Gate is a
short journey away from both Manchester’s bustling city
centre and MediaCityUK, one of the UK’s most
successful business and media hubs. Bridgewater Gate
is one of the most opportune buy-to-let investments in
Greater Manchester, combining luxurious modern design
with the serenity offered by beautiful, enclosed green
space.
Bridgewater Gate promises to be a state-of-the-art
property spread over six floors, maximising floor space
and creating stunning views over Greater Manchester and
its canals.
£1billion
has been contributed to the local economy
by MediaCityUK
Salford Council, 2015
* furniture subject to an additional charge
Bridgewater Gate, Greater Manchester
The Printworks & The Arndale Centre, Manchester
£100million
has been invested in Salford in the form of
regeneration and development projects
MediaCityUK, Salford Quays
Salford Council, 2015
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BE IN THE
HEART OF
THE ACTION
Spinningfields, Manchester
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M602
Motorway
THE
LOCATION
MediaCityUK
Harbour
City
Bridgewater Gate’s location is second to none. Residents are surrounded by a range of
amenities such as shops, bars, restaurants and theatres. Right on the property’s doorstep
are a number of tram and bus stops connecting tenants directly with the rest of Greater
Manchester. Easy access to nearby main roads and motorways furthermore means that
travelling to neighbouring cities is quick and easy.
Bridgewater Gate
Amenities
MediaCityUK
The Lowry
Theatre
Exchange
Quay
Salford
Quays
Water Network
Old Trafford
Stadium
Tram Network
Train Network
M602 Motorway
Pomona
Old
Trafford
Old
Trafford
Ma
n
Ai che
rp st
or er
t
H
RT
NO
Salford
Crescent
Manchester
Victoria
M.E.N
Arena
Manchester
Victoria
Salford
Central
River
Irwell
City Centre
BRIDGEWATER
GATE
Arndale
Shopping
Market
Street
Beetham
Tower
Deansgate
Castlefield
Cornbrook
Manchester
Ring Road
China
Town
Etihad
Campus
Manchester
Central
Etihad
Stadium
Manchester
Piccadilly
Deansgate
Castlefield
Manchester
Piccadilly
Trafford
Bar
Manchester
Ring Road
Ardwick
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SALFORD
Greater Manchester is a conurbation of ten
boroughs including the two cities of Salford and
Manchester. Salford is a city that has recently
grown in both reputation and popularity. It is the
more rural of the two, with vast green spaces and
the River Irwell meandering throughout the city.
With the relocation of both the BBC and ITV to Salford’s
MediaCityUK (one of the leading digital industry hubs in
Europe), the city has experienced a dramatic increase in
business activity and migration. This has led to a rise in
value of properties and rental accommodation.
In fact research by KPMG shows that the move of the BBC
to Salford Quays has contributed as much as £277m
to the UK’s Gross Value Added in 2014/15. At the same
time the population in Salford has grown rapidly: a variety
of sources report that leading up to the end of the first half
of 2015, its total population increased by 1.3% - bringing
the overall number to 242,040.
To accommodate such growth, Salford is seeing a huge
amount of regeneration happening across all areas:
projects include the likes of MediaCityUK, the £10 million
Chapel Street Corridor transformation and the current
Salford Central project worth an impressive £650 million,
all of which have galvanised the city. So much so, that
according to online property portal Zoopla, the value of
homes experienced an upsurge of as much as 12% in the
first half of 2014.
The Lowry Outlet, Salford Quays
Salford
12%
Increase of house prices in Salford in the first
half of 2014.
Zoopla, 2014
Greater Manchester
MediaCityUK,
Salford Qauys
Investors and developers alike are increasingly realising the true potential of the city of Salford.
This has manifested itself in the form of approximately 3,000 new houses and 11,000 new
apartments granted planning permission by Salford City Council by the end of Q1 2015.
It is therefore no surprise that in 2014, Salford was titled the UK’s ‘buy-to-let hotspot’ by HSBC.
This wonderful city is set for a bright future filled with endless possibilities in terms of
infrastructure improvements, and continued inward investment. In fact, it is estimated that the
city will receive in excess of £3.5bn worth of investment into non-residential property over the
next 10 years.
Port Salford, is a £400m conversion project of the Salford Docks aiming to create the only inland
multi-modal distribution park in the UK to be reached by rail, road and sea is one of the planned
regeneration projects in the Salford area that is set to enhance the local infrastructure and boost
the regional economy. Additionally, by the end of 2018, the Salford Central project is due to be
finished, with key elements being the transformation of Chapel Street.
£3.5billion
Value of investment into non-residential
developments planned for Salford over the
next decade.
Manchester Evening News, 2015
GATE
BRIDGEWATER
Market Square, Manchester
MANCHESTER
Greater Manchester is one of the most talked about
areas in the UK at the moment, as it has been
targeted for devolution and has been deemed as a
key player in the Northern Powerhouse scheme.
Of the 8 boroughs and two cities of the Greater
Manchester area, it is Manchester which has shot to
prominence on a global scale over the past 12 months.
Repeatedly awarded titles such as “buy-to-let hotspot” or
“best place to live”, Manchester is a city second to none. It
has everything and anything on offer for its population no
matter their interests, budgets or personalities. Not only
is it home to world renowned football clubs Manchester
United and Manchester City, but it also has a vast array of
first-class restaurants, trendy bars, quirky cafes, excellent
shopping facilities, superb museums and a variety of
concert venues.
Thanks to its economic strength and national importance,
Manchester is booming. Businesses and people alike are
increasingly realising the city’s potential as a place to live,
work and play, leading to rental properties in Manchester
being massively sought-after. In return, this means that
the buy-to-let market here is thriving, as the area is seeing
rising property and rental prices, in addition to average
yields of up to 8%.
In line with Chancellor George Osborne’s Northern
Powerhouse campaign (the attempt to rebalance the
British economy by closing the economic gap between
the North and South), Greater Manchester has received
a £1bn Devolution Deal, which has gained it increased
inward investment from both national and international
investors.
Manchester
1.4%
House prices in the North West grew by 1.4%
in the year leading up to Q2 2015.
Nationwide, 2015
Greater Manchester
Spinningfields, Manchester
This has especially become clear as of late, as Manchester is seeing an increasing number of
joint venture projects with Chinese firms and investors, following the state visit of Chinese
President Xi Jinping in 2015.
One example case is Airport City, an £800m collaboration project between the Manchester
Airport Group and the Beijing Construction Engineering Group. Consequently, Manchester’s
busy airport is receiving a make-over in terms of new direct-flight destinations, a new terminal
and an enhanced surrounding infrastructure network.
“
Manchester is a confident, international city, strengthened
by hugely successful partnerships between the public and
private sectors that have helped drive an engine of growth
larger than anywhere else outside of London and the South
East.
”
As an increasing number of plans and projects are revealed, Manchester can prepare to see its
local economy grow, particularly thanks to a surge of businesses and professionals relocating to
the area.
Sir Richard Leese, Manchester City Council 2015
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THE
OPPORTUNITY
Bridgewater Gate brings a selection of excellent
studios and luxurious 1, 2 and 3 bedroom apartments
to market. With starting prices of £114,995 for studio
apartments, this superb residential development
caters for all investor budgets, needs and
requirements.
Spread over six floors, Bridgewater Gate raises the bar when
it comes to luxurious city living: all apartments are available to
investors on a furnished basis*, using only the highest quality
of materials and fixtures. A range of apartments even come
with the benefit of a car parking space, whilst some have
access to their own private balconies or terraces.
With expected NET returns of circa 6%, Bridgewater Gate
presents itself as an optimal investment opportunity for savvy
investors who realise the true potential of Salford as a
booming buy-to-let market.
* furniture subject to an additional charge
Bridgewater Gate, Greater Manchester
Investment options for Bridgewater Gate:
Studio apartments from £114,995
1-bedroom apartments from £124,995
2-bedroom apartments from £144,995
3-bedroom apartments from £167,495
6%
Expected NET rental returns of circa 6% are
projected for Bridgewater Gate
* All figures and floor plans are based on forecasts provided by the developer, are indicative only and are subject to change.
Any financial information provided in this document is intended as a guide and does not constitute a contract.
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GATE
BRIDGEWATER
THE
OVERVIEW
Take a look at the planned development and example layouts of the available apartments.
Overall Bridgewater Gate features 53 available apartments, which are split into:
4 X Studio Apartments
21 X 2-bedroom Apartments
22 X 1-bedroom Apartments
6 X 3-bedroom Apartments
Front elevation
Bridgewater Gate
Proposed frontal elevation for
Bridgewater Gate
Bridgewater
Manchester
Bridgewater Gate,
Gate, Greater
Manchester
Rooftop Garden Terrace
Garden Terrace
Car Park
Entrance
* All plans are based on concepts provided by the developer, are indicative only and are subject to change
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Storage
Floor Plan
Studio Apartment
Bathroom
Balcony
Example apartment layout starting
from 36.04sqm (392sqft)
Bedroom
Kitchen
Living Area
Entrance
Floor Plan
1-Bed Apartment
Example apartment layout starting
from 37.09sqm (408sqft)
Balcony
Kitchen
Living Area
Bathroom
Storage
Bedroom
Entrance
* All plans are based on concepts provided by the developer, are indicative only and are subject to change
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Storage
Entrance
Floor Plan
2-Bed Apartment
Kitchen
Bathroom
Example apartment layout starting
from 52.05sqm (565sqft)
Living Area
Bedroom 1
Bedroom 2
Bedroom 3
Floor Plan
3-Bed Apartment
Example apartment layout starting
from 82.08sqm (891sqft)
Bedroom 2
Balcony
Living Area
Bedroom 1
En-suite
Kitchen
Bathroom
Storage
Entrance
* All plans are based on concepts provided by the developer, are indicative only and are subject to change
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THE
FACTS
Am I buying leasehold or freehold?
When is my rental income paid?
250 years leasehold
Quarterly in arrears, direct into your bank account from
completion of your apartment.
What is the address of the site?
Bridgewater Gate, Ordsall Lane, Salford M5 4UU
Are there tenants already in place?
No, Bridgewater Gate is a new-build development
What are the projected annual returns on
this project?
Annual returns are projected at 6%
Is there a management company in place?
Yes, The designated management company is Fortis
Lettings and Management, whilst Fortis Estate
management will block manage the building.
Are there any restrictions if I want to sell?
No, Bridgewater Gate is a residential development, so
you are free to sell your apartment on the open market
after completion
CLIENT TESTIMONIAL
“
I would like to say that I am
very pleased with your
service. The purchase
process is very good and
very easy, plus the solicitors
you recommend are
professional.
”
How much is the ground rent?
Ground rent is £345 per annum
Victor Kattan, Fortis Investor
1
Initial Contact
2
Legal Matters
3
4
5
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
First Exchange
25% of the balance is payable upon exchange of contracts
Second Exchange
25% of the remaining balance payable upon completion of the
structural frame
Final Exchange
Remaining balance is payable upon completion of the development
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GATE
BRIDGEWATER
THE
DEVELOPER
ADELPHI WHARF PHASE 2
BRIDGEWATER POINT
MAID MARIAN HOUSE
DEVONSHIRE HOUSE
Situated just off Chapel Street, the
gateway between Manchester and
Salford, Adelphi Wharf is a luxury
residential development bringing
stunning apartments with waterfront
views to market.
Situated on Ordsall Lane, Bridgewater
Point is the sister development of
Bridgewater Gate. With 220 striking
apartments, it is the perfect addition to
Salford’s thriving property market.
Maid Marian House is an opportune
student property investment in the
heart of Nottingham. Investors here
have the choice between classic,
superior and premium studio
apartments.
Devonshire House is a bespoke
conversion of a former office block
offering tenants the choice between
spacious studios and stunning one
and two bedroom apartments.
Fortis Developments Ltd., in partnership with Elite
City Living, is one of the fastest-growing
development companies in the UK, created to
provide luxury developments, and to achieve and
surpass the growing standards in the UK rental
marketplace.
Firmly established at the forefront of the industry, Fortis
Developments is now one of the most experienced and
extensive developers of student accommodation, luxury
apartments and regeneration schemes in the UK.
Fortis Developments undertake luxury accommodation and
regeneration schemes in prime locations nationwide and
the cornerstone of Fortis’s success has been a combination
of creativity and functionality.
Furthermore, all residential sites built by Fortis
Developments will be fully let by their lettings subsidiary
Fortis Lettings & Management and block-managed by Fortis
Estate Management, meaning that both property and tenant
are in safe hands.
View a selection of the Fortis portfolio:
EAST POINT
MEREBANK COURT
AVALON COURT
STANLEY COURT
Bringing a total of 39 apartments to
the local residential market, East Point
is a highly sought-after development
in the heart of Leeds, which raises the
bar when it comes to luxury city centre
living.
Merebank Court is located on the
edge of Liverpool’s busy city centre.
With its 78 boutique 1, 2, and 3 bed
apartments it offers itself as the ideal
buy-to-let opportunity for savvy
investors.
Avalon Court, a £2.5 million conversion
project, is home to 98 luxury studio
apartments. It is the perfect home for
all students seeking high-quality,
boutique accommodation in the heart
of Nottingham’s vibrant city centre.
Stanley Court is one of Liverpool’s
most fantastic buy-to-let properties.
As a conversion of a former office, it
supplies the local property market with
a total of 48 stunning studios, available
to investors as premium and superior
investment options.
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Adelphi Wharf, Salford
THE
MANAGEMENT
Fortis Lettings and Management, and Fortis Estate
Management, are the companies appointed to
manage Bridgewater Gate.
The two subsidiaries of the Fortis brand have a full portfolio
of residential properties across the UK, with current
developments located in cities including Birmingham,
Liverpool, Glasgow and Newcastle.
Currently responsible for the letting and management of
more than 1,600 apartments, you can be certain that your
investment is in safe hands.
Lettings & Management
Estate Management
DEVELOPMENT PORTFOLIO
DUNN HOUSE
CHRONICLE HOUSE
Sold Out & Tenanted!
Sold Out & Tenanted!
BARD HOUSE
SOVEREIGN HOUSE
Sold Out & Tenanted!
Sold Out & Tenanted!
MINERVA HOUSE
NEW BANK HOUSE
Sold Out & Tenanted!
Sold Out & Tenanted!
ST ANDREW’S COURT
EAST POINT
Sold Out & Tenanted!
Sold Out & In Construction!
CENTRAL HOUSE
AVALON COURT
Sold Out & Tenanted!
Sold Out & Tenanted!
MEREBANK COURT
ADELPHI WHARF PHASE 1
Sold Out & Tenanted!
Sold Out & In Construction!
ALL SAINT’S
STANLEY COURT
Sold Out & Tenanted!
Sold Out & In Construction!
REDE HOUSE
MAID MARIAN HOUSE
Sold Out & Tenanted!
Sold Out & In Construction!
DEVONSHIRE HOUSE
BRIDGEWATER POINT
Sold Out & Tenanted!
Sold Out & In Construction!
ROBERT OWEN HOUSE
ADELPHI WHARF PHASE 2
Sold Out & Tenanted!
Available for sale!
BURGESS HOUSE
Sold Out & Tenanted!
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