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Studio apartment for sale

Adelphi Street, Salford, Greater Manchester

£119,995

Property Description

Full description

Tenure: Leasehold

The second phase of the incredibly successful Adelphi Wharf project has been hotly anticipated, located in one of the UK’s buy-to-let property hotspots - Greater Manchester’s popular region of Salford. Adelphi Wharf Phase 2 comes on the back of the highly successful selling-out of the first phase, with investors enamoured with the development’s superb location, spacious apartments boasting luxury fixtures and fittings, as well as the area’s ever-growing rental demand.

Adelphi Wharf is set to be an idyllic tenant retreat, perfectly contrasting city and country living. Residents will enjoy the best of both worlds - a stunning waterfront property overlooking the picturesque River Irwell, yet just a stone’s throw away from vibrant Manchester and all that the city centre has to offer. Phase 2 of this £75 million development will consist of 163 stunning apartments, ranging from spacious studios
to luxury three-beds, each furnished to the highest of standards. In addition, Adelphi Wharf features a state-of-the art private on-site gym, as well as communal areas, secure bicycle storage and allocated parking for its residents.

Directions
Adelphi Wharf’s location is second-to-none -as well as overlooking the picturesque River Irwell, residents of this development are just a short walk from both Manchester and Salford city centres.


Property ref: 121_2508_4031957


Details 
Adelphi Wharf is set to be an idyllic tenant retreat, perfectly contrasting city and country living. Residents will enjoy the best of both worlds - a stunning waterfront property overlooking the picturesque River Irwell, yet just a stone’s throw away from vibrant Manchester and all that the city centre has to offer. Phase 2 of this £75 million development will consist of 163 stunning apartments, ranging from spacious studios to luxury three-beds, each furnished to the highest of standards. In addition, Adelphi Wharf features a state-of-the art private on-site gym, as well as communal areas, secure bicycle storage and allocated parking for its residents.

Specification 
The standard maintained in Adelphi Wharf could not be higher - each and every apartment within the development is spacious and luxurious, benefitting from unparalleled views of either the stunning river or dynamic city that surrounds the development. Juliette balconies and private terraces enhance residents’
enjoyment of living by the waterside, whilst the luxurious fixtures and furnishings in each apartment perfectly befits modern city living. At the forefront of high-end rental accommodation in Salford, the second phase of Adelphi Wharf will emulate the first, fitted with top-of-the-range appliances and fixtures that perfectly enhance the apartment’s ample space and natural light. In addition to the development’s stunning living spaces, the site will also provide on-site amenities that would not look out of place in a boutique hotel. A private gym, stunning outdoor spaces and secure bicycle storage were all meticulously designed with residen...

FAQs 
Am I buying as freehold or leasehold?
250 years leasehold

What is the address of the site?
Adelphi Wharf, Adelphi Street, Salford M3 6EN

Are there tenants already in place?
No, Adelphi Wharf is a new-build development, with completion expected Q3 2017

How much is the ground rent on this development?
Ground rent is £345 per annum

What are the projected annual returns?
Returns of circa 6% NET are expected from the completion of your apartment.

When is my rental income paid?
Quarterly in arrears, paid directly into your bank account.

Is there a lettings & management company in place?
This development will be fully let by Fortis Residential and block-managed by Fortis Estate Management.

Are there any restrictions if I want to sell?
No, Adelphi Wharf is a residential development,/so you are free to sell your apartment on the open market after completion of the purchase

Furniture Packs. 
Furniture Packs are available for each apartment to make things even simpler for you.

Prices are:

Studio Apartment - £2,800.00 VAT
1 Bedroom Apartment- £3,000.00 VAT
2 Bedroom Apartment - £3,800.00 VAT
3 Bedroom Apartment - £4,600.00 VAT




More information from this agent

Listing History

Added on Rightmove:
16 January 2016

Floorplans

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