2 bedroom apartment

Adelphi Wharf, Salford, M3 6JN

Size: 66.4 sqm

Purchase price

£195,000

Size: 66.4 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £19,800
Ground rent £395
Service charge £1,587
Lettings fees £2,376
Net income £15,442
Gross yield 10.15%
Net yield 7.92%

This well proportioned two bedroomed apartment is located on the THIRD floor of Adelphi Wharf, a modern waterfront development in Salford. The accommodation is immaculate throughout and briefly comprises of; large hallway, large kitchen/living area, two double bedrooms, bathroom, storage cupboard and balcony. The apartment also comes with a parking space.

Manchester city centre is just a short walk from this exciting waterside development which overlooks the River Irwell. There are a number of transport links close by, such as Salford Crescent train station and numerous bus routes. There is also easy access to the nearby motorway network. The local area also offers a selection of bars, shops and restaurants along Chapel Street and green space in the form of Peel Park.

The price growth in Salford is higher than the national average, with the 2 year growth at 1.2 times the national average. The average house price in Salford, M3 is £265,507 and the average rent is £916. The area surrounding Adelphi Wharf has also seen a huge amount of regeneration including the ongoing redevelopment of Chapel Street and the New Bailey area of the city. This is an exciting time to invest in Adelphi Wharf, so enquire today to avoid disappointment.

**EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT PROPERTY**PARKING SPACE** BALCONY**

Interested in this property? Enquire today for more information

Key features

Key features

EARN INSTANT INCOME

Key features

PARKING SPACE

Key features

BALCONY

Key features

FITTED KITCHEN

Key features

WELL PROPORTIONED ACCOMODATION

Key features

WALKING DISTANCE TO MANCHESTER CITY CENTRE

**EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT PROPERTY**PARKING SPACE** BALCONY** More info...

This well proportioned two bedroomed apartment is located on the THIRD floor of Adelphi Wharf, a modern waterfront development in Salford. The accommodation is immaculate throughout and briefly comprises of; large hallway, large kitchen/living area, two double bedrooms, bathroom, storage cupboard and balcony. The apartment also comes with a parking space.

Manchester city centre is just a short walk from this exciting waterside development which overlooks the River Irwell. There are a number of transport links close by, such as Salford Crescent train station and numerous bus routes. There is also easy access to the nearby motorway network. The local area also offers a selection of bars, shops and restaurants along Chapel Street and green space in the form of Peel Park.

The price growth in Salford is higher than the national average, with the 2 year growth at 1.2 times the national average. The average house price in Salford, M3 is £265,507 and the average rent is £916. The area surrounding Adelphi Wharf has also seen a huge amount of regeneration including the ongoing redevelopment of Chapel Street and the New Bailey area of the city. This is an exciting time to invest in Adelphi Wharf, so enquire today to avoid disappointment.

  • Key features
    Tick Desktop EARN INSTANT INCOME
    Tick Desktop PARKING SPACE
    Tick Desktop BALCONY
    Tick Desktop FITTED KITCHEN
    Tick Desktop WELL PROPORTIONED ACCOMODATION
    Tick Desktop WALKING DISTANCE TO MANCHESTER CITY CENTRE
  • 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 £19,800
Ground rent £395
Service charge £1,587
Lettings fees £2,376
Net income £15,442
Gross yield 10.15%
Net yield 7.92%

*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.