The scheme, which will be completed over three phases, is based on Adelphi Street on the bank of the River Irwell, within walking distance of Manchester city centre.
Phase 1 of the £75m scheme is now sold out. The second phase will comprise 163 of the scheme’s total 593 units. Construction is already underway, with completion expected in Q3 2017.
Amenities for the 450,000 sq ft development are set to include secure bicycle storage, an on-site gymnasium, concierge reception area and landscaped gardens. Secure underground parking will also be available.
Michael Fenlon, sales director at Knight Knox, said: “The last 12 months have witnessed significant investment into Salford’s regeneration and the city’s development doesn’t show signs of slowing down throughout 2016.
“We’re thrilled to be launching the second phase of this high-quality residential property. It offers valuable opportunities to investors and I’ve no doubt that this phase will echo the sales success of the first.”
The development will be let and block managed in its entirety by Fortis Lettings and Management.
Director of Fortis, Kieran Moore, said: “Like Phase One, the second phase of this development will incorporate modern architecture along the city’s water front, which we’ve worked hard to ensure will complement the local surroundings.
“The riverside walkway will allow residents easy access to the waterfront, so they can enjoy Salford’s landscape with ease. I expect that Adelphi Wharf will breathe new life into the city’s property scene, which continues to become more and more desirable.”