Initial price	£127,500
26/07/24	£120,000
Price Change	-5.88%

This one-bedroom apartment at Adelphi Wharf Development in Salford is a great investment opportunity. Situated on the ground floor, the property features a newly carpeted entrance hall, spacious open-plan living/dining area, modern kitchen, and shower room. The development offers stunning views of the River Irwell and is perfectly located for easy commuting, with Salford Central Station just 0.6 miles away and proximity to both Salford and Manchester city centers. The apartment is currently tenanted until 2024 at £900 per calendar month, with a service charge of £1,690.10 per annum and ground rent of £240 per annum, with a 250-year lease from 2015. The property is managed by Xenia Estates and has a Grade A1 EWS-1 rating.