Summary - Apartment 1-18 Adelphi Wharf 1, 11, Adelphi Street M3 6DN
1 bed 1 bath Apartment
Contemporary one-bedroom with allocated parking and attractive rental yield for investors..
- 678 sq ft one-bedroom apartment with allocated off-street parking
- Built 2016; modern building with balcony and river-side location
- Tenanted until Sept 2026; current yield c.8.57% at £1,000 pcm
- Projected yield c.9.0% at £1,050 pcm; EWS1 A1 form available
- Sale listed as CASH BUYER ONLY — not mortgage-ready without conditions
- Service charge approx. £1,601pa; ground rent approx. £350pa
- Electric room heaters (main heating) — consider running costs
- Located in a very deprived area — assess tenant demand and management
A modern one-bedroom apartment in Adelphi Wharf 1 offering 678 sq ft of usable space and allocated off-street parking. Built in 2016, the flat is part of a contemporary riverside development close to Chapel Street transport links and two train stations within half a mile.
Currently let until September 2026, this unit is presenting a strong investor case: current rental yield approximately 8.57% at £1,000 pcm, projected c.9.0% at £1,050 pcm. An EWS1 A1 form is available, and the long lease (around 241–250 years remaining from 2016) reduces long-term lease risk.
Important practical points for buyers: this sale is listed as cash-buyer only. Ongoing costs include an approximate service charge of £1,601pa and ground rent around £350pa. Heating is electric via room heaters and the property sits in a very deprived area statistically—consider rental demand and management implications.
This apartment suits an investor or buyer seeking a low-maintenance, modern city-base with immediate rental income. The combination of allocated parking, good broadband and mobile coverage, low crime and proximity to universities and city amenities supports tenant demand, but purchasers should factor service charges, electric heating costs and the cash-sale stipulation into affordability calculations.
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