Summary - ADELPHI WHARF 3, 7 703 ADELPHI STREET SALFORD M3 6GN
2 bed 2 bath Apartment
Ready-made rental income in a modern riverside development near transport links.
Two bedrooms, two bathrooms, approximately 732 sq ft
This modern two-bedroom apartment in Adelphi Wharf 3 offers ready-made rental income and long lease security. The property is tenanted until July 2026, delivering an immediate yield around 8.8% at current rent, with projected uplift if rent increases to £1,300 pcm.
Set in a contemporary riverside development built in 2016, the flat spans approximately 732 sq ft and includes two bathrooms. Residents benefit from good transport links, nearby universities, and excellent mobile and broadband coverage. Flood risk is low and an EWS1 A1 form is available.
Costs to factor include an annual service charge of about £2,105 and ground rent of approximately £310. Heating is electric room heaters, so running costs may be higher than gas-heated alternatives. The property sits in a broadly deprived area but records very low crime and strong demand from students and professionals.
This apartment suits investors seeking immediate rental returns or owner-occupiers wanting a modern city base. The long lease (around 241 years remaining) reduces leasehold risk, but buyers should budget for service charges and electric heating costs when assessing net yield and affordability.
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