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Tranquillity is a new luxury waterfront development between Manchester city centre and MediaCityUK. Tranquillity is set in beautiful, landscaped gardens, that creates a welcome retreat from the hustle and bustle of city life.
Designed by award-winning architects, Tranquillity is comprised of 250 one-, two-, and three-bed apartments. The development is ideal for professionals, families, and first-time buyers seeking modern comforts of upmarket property in an idyllic setting. Tranquillity offers residents connectivity, well-being, and a work-life balance with residents’ gymnasium along with river views.
Tranquillity creates a real sense of community for its residents. The development has an on-site Community Manager and an app that can be used to develop clubs and communities, promote businesses in the area, manage tenancies and much more. Tranquillity is located next to Pomona Island. This is a £1 Billion development project which will transform the Manchester landscape.
Manchester’s property market has experienced remarkable growth, with average prices surging by an incredible 289% over the past decade. In the last 12 months, Salford has increased by 4%, outperforming most areas across the country. Despite this growth, Salford still offers investors affordable entry rates, making it an attractive option.
Compared to other areas in Greater Manchester, Salford offers the highest rental yields, typically ranging from 5% to 7%.
With Manchester located nearby, and property prices lower than its neighbouring city, Salford presents an excellent opportunity for those looking for long-term growth and rental returns.
Tranquillity has excellent connectivity to Manchester via the Metrolink Tram network. The Exchange Quay tram stop is a short 4-minute walk away, and from there, it’s 2 minutes to MediaCityUK and 10 minutes to Manchester’s city centre and beyond.
