Summary - Apartment 5-04 Adelphi Wharf 1, 11, Adelphi Street M3 6JN
2 bed 1 bath Apartment
Large fifth-floor two-bedroom apartment with balcony river views and secure parking, sold at online auction..
- Large 1,088 sq ft two-bedroom apartment with river-facing balcony
- Secure underground parking included
- Currently tenanted until 03/01/2026 at £1,100 pcm (income-producing)
- Long lease: 242 years remaining (from 2016)
- Service charge high: c. £5,474 pa; ground rent £300 pa
- Limited lending pool may restrict mortgage options
- Electric room heaters — higher running costs versus gas heating
- EWS-1 Grade 1B reported; sold via online auction (Secure Sale)
A spacious two-bedroom apartment on the fifth floor of Adelphi Wharf, offering 1,088 sq ft of well-proportioned living space and a large outside balcony with river views. The property includes a separate fitted kitchen, open-plan lounge/diner, two double bedrooms, family bathroom and secure underground parking — practical features for city professionals and investors.
Currently producing rental income of £1,100 pcm under a long-term tenancy secured until 03/01/2026, this unit suits investors seeking an immediate yield. The 242-year lease (from 2016), long lease term and EWS-1 Grade 1B report are positive legal points for future purchasers, though there is a limited lending pool which may restrict mortgage availability for some buyers.
Buyers should note above-average costs: an annual service charge of approximately £5,474 and ground rent of £300 per year. Heating is by electric room heaters, and the building relies on electricity as the main fuel — potentially raising running costs compared with gas-heated properties. Sale will be by online auction (Secure Sale) with terms and conditions applying.
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