1 Bedroom Apartment

7 Adelphi Street, 
Salford, 
M3 6GL
Purchase price
£125,000
  • Size: 41 sqm
  • Tenanted
SUPERB LOW MAINTENANCE INVESTMENT YIELDING NEAR 7% NET! Stylish fifth floor one bedroom apartment with balcony, within walking distance of Manchester city centre.
  • Financial Performance*
Gross rent
£10,560
Ground rent
£240
Service charge
£1,853
Lettings fees
£1,056
Net income
£7,411
Gross yield
8.45%
Net yield
5.93%
  • Key Features
  • Excellent buy-to-let investment
  • Generate immediate income
  • Fifth floor apartment
  • One spacious double bedroom
  • High specification throughout
  • Private balcony
  • Very popular and well located development
  • Fantastic transport links

We are pleased to present this superb addition to any portfolio, a great low maintenance, high specification apartment perfect for an investor in the highly sought-after and very well-placed development Adelphi Wharf – Salford. Already tenanted and producing a fantastic rental yield in the region of 7% NET, this is an opportunity not to be missed.

This modern 1-bedroom apartment is positioned on the fifth 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 little private balcony with far reaching views.

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.

  • Financial Performance *
Gross rent
£10,560
Ground rent
£240
Service charge
£1,853
Lettings fees
£1,056
Net income
£7,411
Gross yield
8.45%
Net yield
5.93%
*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.
  • Location
  • EPC
Energy Performance Rating