1 bedroom apartment

Adelphi Wharf 1, 11 Adelphi Street, Salford M3 6JN

Size: 54 sqm

Purchase price

£130,000

Size: 54 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,000
Ground rent £456
Service charge £2,451
Net income £6,093
Gross yield 6.92%
Net yield 4.69%

We are pleased to present this wonderful low maintenance, high specification apartment perfect for an investor in the highly sought-after and very well-placed development of Adelphi Wharf in Salford. Please note, this property is being sold with a tenant in situ so is suitable for investors only.

This modern 1-bedroom apartment is positioned on the third floor and benefits from lift access and secure entry. Internally, the property consists of entrance hallway; open plan living area with floor to ceiling window providing lovely views of the River Irwell; fully-fitted contemporary kitchen; larger than average double bedroom; bathroom with shower over bath; spacious storage cupboard.

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.

INVESTORS ONLY - TAKE A LOOK AT THIS SPACIOUS APARTMENT WITH RIVER VIEWS! Excellently presented one double bedroom apartment within walking distance of Manchester city centre.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent investment opportunity

Key features

Not suitable for owner occupiers

Key features

Large one bedroom apartment

Key features

Third floor

Key features

River views

Key features

Floor to ceiling windows

Key features

Wonderfully maintained by current tenants

Key features

Fantastic location

Key features

Lift access

Key features

Don't miss out and enquire today

INVESTORS ONLY - TAKE A LOOK AT THIS SPACIOUS APARTMENT WITH RIVER VIEWS! Excellently presented one double bedroom apartment within walking distance of Manchester city centre. More info...

We are pleased to present this wonderful low maintenance, high specification apartment perfect for an investor in the highly sought-after and very well-placed development of Adelphi Wharf in Salford. Please note, this property is being sold with a tenant in situ so is suitable for investors only.

This modern 1-bedroom apartment is positioned on the third floor and benefits from lift access and secure entry. Internally, the property consists of entrance hallway; open plan living area with floor to ceiling window providing lovely views of the River Irwell; fully-fitted contemporary kitchen; larger than average double bedroom; bathroom with shower over bath; spacious storage cupboard.

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.

  • Key features
    Tick Desktop Excellent investment opportunity
    Tick Desktop Not suitable for owner occupiers
    Tick Desktop Large one bedroom apartment
    Tick Desktop Third floor
    Tick Desktop River views
    Tick Desktop Floor to ceiling windows
    Tick Desktop Wonderfully maintained by current tenants
    Tick Desktop Fantastic location
    Tick Desktop Lift access
    Tick Desktop Don't miss out and enquire today
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £9,000
Ground rent £456
Service charge £2,451
Net income £6,093
Gross yield 6.92%
Net yield 4.69%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.