1 Bedroom Apartment

11 Adelphi Street, 
Salford, 
M3 6JN
Purchase price
£130,000
  • Size: 54 sqm
  • Tenanted
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.
  • Financial Performance*
Gross rent
£9,444
Ground rent
£456
Service charge
£2,451
Net income
£6,537
Gross yield
7.26%
Net yield
5.03%
  • Key Features
  • Excellent investment opportunity
  • Not suitable for owner occupiers
  • Large one bedroom apartment
  • Third floor
  • River views
  • Floor to ceiling windows
  • Wonderfully maintained by current tenants
  • Fantastic location
  • Lift access
  • Don't miss out and enquire today

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.

Please note lettings management fees and charges may apply.

  • Financial Performance *
Gross rent
£9,444
Ground rent
£456
Service charge
£2,451
Net income
£6,537
Gross yield
7.26%
Net yield
5.03%
*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