2 Bedrooms Flat for sale in Adelphi Wharf, Adelphi Street, Salford M3 | £ 179,995
Overview
| Price: | £ 179,995 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M3 |
| Address: | Adelphi Wharf, Adelphi Street, Salford M3 |
| Bathrooms: | 2 |
| Bedrooms: | 2 |
Property Description
We are pleased to present this stylish and modern development set in the highly sought-after area of Salford. Adelphi Wharf offers stunning views of the beautiful River Irwell, This modern 2 bedroom apartment features bright spacious rooms, a fully fitted stylish kitchen as well an en suite bathroom from the master bedroom.
The location is perfect for transport routes being only 0.6 miles to Salford Central Station making for an easy commute as well as being local to both Salford and Manchester City Centres.
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.
The development as a whole will feature over 580 stunning apartments, furnished to a high standard fitting with the opulent design of the building.
The property prices in Salford are up by over 40% in the last five years alone (Zoopla, September 2018), 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!
As well as the potential for growing rental returns throughout the life cycle of the investment, Adelphi Wharf also offers the prospective of capital appreciation when selling the property too, thanks to growing house prices in Salford and the massive surge in demand.
This is the perfect lavish addition to any portfolio making for a lucrative investment as well as a great low maintenance brand new apartment for an owner occupier! Truly an 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: £9,000
Ground rent: £345
Service charge: £840
Lettings fees: £345
Net income: £7,470
Gross yield: 5%
Net yield: 4.15%
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-12569
Property Location
Property Marketed by Yieldit
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