Summary - Apartment 327 Adelphi Wharf, 7 Adelphi Street M3 6GJ
2 bed 2 bath Not Specified
Waterside apartment with parking and immediate rental income potential.
Third-floor two-bedroom apartment with balcony and river view
694 sq ft open-plan living; master bedroom with en-suite
Secure underground garage parking included
Currently tenanted until Sept 2026, income £1,250 pcm
Sold at auction — starting bid £120,000; limited lending pool
Leasehold: 250 years remaining; ground rent £240 pa
Service charge approx £2,135.62 pa
Electric room heaters; no central gas heating
A well-proportioned two-bedroom third-floor apartment in Adelphi Wharf, offered with secure underground parking and a waterside balcony. The open-plan lounge/kitchen, two double bedrooms (master with en-suite) and 694 sq ft provide a practical layout for rental or owner-occupation.
Currently let until September 2026 producing £1,250 pcm, this unit suits investors seeking immediate income. The property is being sold at auction with a starting bid of £120,000 — buyers should note there may be a limited lending pool for auction purchases and verification/AML checks apply.
Practical costs and constraints are clear: leasehold tenure with 250 years remaining, annual service charge approx. £2,135.62 and ground rent £240 pa. Heating is by electric room heaters (no central gas), and the area is classified as deprived despite excellent broadband and very low crime; viewings are strictly by appointment.
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