Adelphi Wharf 1, 11 Adelphi Street, Salford M3 6JN
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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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
Description
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 Breakdown
Gross Rent: £9,444.00
Net income: £6,536.64
Gross yield: 7.26%
Net yield: 5.03%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07651
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Adelphi Wharf 1, 11 Adelphi Street, Salford M3 6JN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Salford Crescent Station0.6 miles
- Salford Central Station0.3 miles
- Manchester Deansgate-Castlefield Tram Stop0.8 miles
About the agent
Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.
yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen
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Visit our security centre to find out moreDisclaimer - Property reference YL-07651. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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