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£139,000

2 bed flat for sale
Adelphi Wharf 2, Adelphi Street, Salford M3

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • Leasehold

Yieldit

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About this property

  • For cash buying investors only

  • Near 8% net return on investment

  • 3rd floor apartment

  • Allocated parking included

  • River views

  • Ideally situated development

  • Two double bedrooms

  • Private balcony

  • Excellent transport links

  • Enquire for video tour

Adelphi Wharf 2, Adelphi Street, Salford, M3 6En

Yieldit is pleased to present this stunning third-floor apartment, featuring a spacious private balcony with far-reaching views of the city, accessed via patio doors from the open-plan living area.

Internally, the apartment boasts a bright and modern open-plan layout, including a fully fitted kitchen with integrated appliances, two generously sized double bedrooms, an en-suite shower room, a stylish family bathroom with a three-piece suite, and an allocated parking space.

Adelphi Wharf offers residents a peaceful retreat from the city's hustle and bustle while remaining within walking distance of Manchester’s vibrant city centre. The development is ideally located for commuters, with excellent transport links including Salford Crescent train station, numerous bus routes, and easy access to the motorway network. Residents also benefit from nearby amenities such as shops, bars, and restaurants on Chapel Street, as well as green spaces like Peel Park and The Meadow.

Salford is an exceptional location for property investment, with house price growth consistently outperforming the national average. The area offers high rental yields and strong potential for capital appreciation. Significant redevelopment around Chapel Street has enhanced its appeal as a residential destination. With Greater Manchester projected to require at least 200,000 new homes by 2040 to accommodate economic and population growth, there has never been a better time to invest.

Please note: Letting and management fees may apply.

Financial Breakdown

Gross Rent: £15,000.00
Net income: £10,850.00
Gross yield: 10.79%
Net yield: 7.81%
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-08111

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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.