2 bedroom apartment for sale

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2 bedroom apartment for sale

Adelphi Wharf 3, 7 Adelphi Street, Salford, M3
£186,000

Price History

Initial price £220,000
31/05/24 £190,000
20/07/24 £186,000
Price Change -15.45%

Description

This modern 2-bedroom apartment is a stylish and affordable home located in a sought-after area with easy access to amenities and transport links. The property boasts a contemporary design and offers a convenient lifestyle, making it perfect for both investors and owner-occupants. With a current 8.06% rental yield at £1250 PCM, this is an attractive opportunity for cash buyers. The apartment is tenanted until May 24 and is subject to contract. With a projected 8.39% rental yield at £1300 PCM, this property is expected to generate significant returns. The development, Adelphi Wharf 3, offers a tranquil modern living experience on the banks of the River Irwell, with close proximity to bus and train routes, as well as broadband and mobile signal coverage. With a leasehold term of 250 years from 2016, service charge of £1852 PA, ground rent of £250 PA, and buildings insurance of £TBC, this property offers a comprehensive package for those looking for a comfortable and convenient living space.