Studio Flat For Sale, Adelphi Wharf Phase 3, Adelphi Street, Salford M3

Description

Excellent investment opportunity or ideal for owner occupiers! This excellent newly completed studio apartment is located just 10 minutes from Manchester city centre, enquire today to avoid disappointment.

This wonderful studio apartment comprises of; entrance hallway leading to a spacious open plan lounge and fully fitted kitchen area; leading onto a generously sized balcony overlooking the courtyard; a three piece family bathroom with shower over bath. This stunning apartment comes fully furnished to a high spec, and is located on the 6th floor.

Adelphi Wharf is a luxury development set in the highly sought-after area of Salford. The building offers stunning views of the River Irwell and an onsite private residents’ gym. In addition, the development is perfectly situated offering fantastic transport routes throughout Greater Manchester. Being only 0.6 miles to Salford Central Station makes for an easy commute, as well as being local to both Salford and Manchester City Centre.

The tranquil atmosphere, together with incredible views of the beautiful river that runs alongside the development, makes Adelphi Wharf the perfect urban retreat for both investors or owner occupiers. In addition, property prices in the area have skyrocketed by over 22% in the last five years alone (Zoopla, March 2021), and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth – making now a fantastic time to invest!

This apartment is newly completed, a fabulous brand-new investment opportunity not to be missed.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £7,800
Ground rent: £250
Service charge: £840
Lettings fees: £936
Net income: £5,774
Gross yield: 6.24%
Net yield: 4.62%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16468

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Studio Flat For Sale £125,000 Adelphi Wharf Phase 3, Adelphi Street, Salford M3

Studio Flat For Sale £125,000
Adelphi Wharf Phase 3, Adelphi Street, Salford M3