yieldit are pleased to present this great low maintenance, high specification apartment which is the perfect opportunity for an investor in the highly sought-after and very well-placed development of Adelphi Wharf, Salford. The property is already tenanted meaning you can enjoy an impressive rental yield above 6% NET straight from completion, so this is an investment opportunity which is certainly not to be missed.

This modern 1-bedroom apartment is positioned on the ground floor and features bright spacious rooms and a fully fitted contemporary kitchen, utility cupboard, as well as a spacious double bedroom with separate bathroom suite, all finished to a high specification. The apartment also includes a lovely terrace which is accessible by patio doors from the living room.

Adelphi Wharf provides residents with a peaceful retreat from the hustle and bustle of the city but is still within walking distance of Manchester’s vibrant and exciting centre. The development is perfectly positioned to have access to a variety of transport links, such at Salford Crescent train station along with numerous bus routes and the motorway network making it ideal for commuters. The area is home to a selection of shops, bars and restaurants on the nearby Chapel Street and parks such as Peel Park and The Meadow.

Salford is an unrivalled location for investment, with price growth being higher than the national average and providing high rental yields and good potential for capital growth. The areas surrounding Chapel Street have seen huge redevelopment over the years which has contributed to the desirability of it as a residential location. Industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth so there hasn’t ever been a better time to invest.