Large riverside two-bedroom apartment with parking and immediate rental income..
Large 1,088 sq ft two-bedroom apartment with balcony
Fifth-floor apartment with secure underground garage parking
Long lease: 250-year lease from 2016 (241 years remaining)
Currently tenanted until 03/01/2026 at £1,100 pcm (income-producing)
High service charge: £5,474 per annum; ground rent £300 pa
EWS-1 Grade 1B present and limited lending pool — check mortgages
Sold at auction, starting bid £130,000; online secure sale terms apply
Built 2016 in a student/professional waterfront neighbourhood
This spacious fifth-floor apartment at Adelphi Wharf offers 1,088 sq ft of contemporary riverside living with a large balcony and secure underground parking. Laid out as an entrance hall, open-plan lounge/diner, separate fitted kitchen, two double bedrooms and a family bathroom, it suits buyers seeking a low-maintenance city-base or an income-producing asset.
The property is currently tenanted long-term to 03/01/2026 at £1,100 pcm, so it arrives with immediate rental income and is being sold via online auction with a starting bid of £130,000. The 250-year lease (from 2016) and 241 years remaining provide long lease security for owners and lenders.
Important practical points: service charge is high (£5,474 pa) and ground rent £300 pa. The building holds an EWS-1 Grade 1B report and there is a limited lending pool — buyers should check mortgage availability and possible remediation requirements before bidding.
Positioned in a cosmopolitan student and professional neighbourhood with excellent transport links, this modern development offers waterfront living close to Salford and Manchester amenities. The apartment is well suited to investors seeking an immediate income stream or professionals wanting a large city apartment with parking.
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