1 Bedroom Apartment

9 Adelphi Street, 
Salford, 
M3 6GG
Purchase price
£139,000
  • Size: 41 sqm
  • Tenanted
TOP FLOOR APARTMENT WITH WRAP AROUND TERRACE AND INCREDIBLE VIEWS! Don't miss out on this stunning one bedroom apartment in a superb city centre location yielding near 7% NET with NO GROUND RENT!
  • Financial Performance*
Gross rent
£12,000
Service charge
£2,248
Net income
£9,752
Gross yield
8.63%
Net yield
7.02%
  • Key Features
  • No ground rent
  • Generating a yield near 7% NET
  • Top floor apartment
  • Spacious wrap around terrace
  • Incredible views
  • High specification finish throughout
  • Furniture pack included
  • One double bedroom
  • Popular and well located development
  • Enquire today for further information

yieldit are pleased to present this stylish high specification apartment with NO GROUND RENT payable! The property is a perfect opportunity for an investor, situated 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 in the region of 7% NET straight from completion, so this is an investment opportunity which is certainly not to be missed.

This top floor apartment includes its own spacious private wrap around terrace with incredible far-reaching views of the city and the River Irwell accessed by patio doors from the living area. Internally, the apartment features a bright open plan living area and comes fully furnished. The kitchen is fully fitted and modern with integrated appliances and the double bedroom is carpeted and benefits from a floor to ceiling window providing plenty of natural light.

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
£12,000
Service charge
£2,248
Net income
£9,752
Gross yield
8.63%
Net yield
7.02%
*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