2 bedroom flat for sale

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2 bedroom flat for sale

Adelphi Street, Salford, Greater Manchester, M3
£208,000

Price History

Initial price £220,000
29/02/24 £223,000
27/04/24 £215,000
05/03/25 £208,000
Price Change -5.45%

Description

This 4th-floor apartment in Adelphi Wharf is a fantastic opportunity for mortgage buyers and investors alike. With an EWS1 B1 rating, it's a great investment prospect, offering a gross yield of 7.3% and a net yield of 6%. The apartment boasts spacious living areas, including a generous living room with a multi-appliance fitted kitchen and a covered balcony. The two double bedrooms are complemented by a stylish bathroom with a three-piece suite. Located in a fantastic location, the property is close to Salford University and Media City UK, the home of the BBC and ITV. With a ground rent of £300 per year and a service charge of £2,384.64 per year, this leasehold property offers a 250-year lease from 2016.