Summary - Apartment 5-10 Adelphi Wharf 1, 11, Adelphi Street M3 6JN
1 bed 1 bath Not Specified
Compact city apartment with terrace and strong rental appeal for investors.
- One-bedroom apartment with open-plan living and integrated kitchen
- Approximately 520 sq ft; compact, city-centre layout
- Upper-floor apartment with balcony/roof terrace and river views
- Long lease remaining (about 247 years)
- Sold at online auction; 5% non-refundable deposit required
- Service charge £2,105.28pa and ground rent £350pa
- Electric room heaters (no gas) may raise running costs
- Area popular with students and professionals; rental potential
This one-bedroom apartment in the award-winning Adelphi Wharf sits on an upper floor and offers an open-plan living/dining layout with a fully fitted integrated kitchen and modern shower room. At around 520 sq ft, the apartment is a compact, well-proportioned city home with a balcony/roof terrace and large windows that bring in natural light.
The development is well located for city commutes — approximately 0.6 miles from Salford Central Station — and is popular with students and professionals, making it suitable for buy-to-let investors seeking steady rental demand. The long lease (around 247 years remaining) and no flood risk add to ownership certainty.
Buyers should note this lot is being sold at auction via an online bidding platform. Successful bidders will face auction conditions including a 5% non-refundable exchange deposit and an additional reservation fee (up to 6% inc. VAT, subject to minimums), so affordability calculations should include these sums plus Stamp Duty where applicable. Annual charges are significant: service charge £2,105.28 and ground rent £350.
Practical considerations: heating is by electric room heaters, and mains electricity is the primary fuel, which may mean higher running costs than gas-heated homes. The apartment is leasehold and managed within a larger contemporary complex, so communal maintenance standards and costs should be reviewed in the legal pack before bidding.
1 bedroom apartment for sale in Adelphi Street, Salford, Greater Manchester, M3 6JN, M3 — £95,000 • 1 bed • 1 bath • 520 ft²
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2 bedroom property for sale in Adelphi Wharf 1A, 11 Adelphi St, Salford, M3 — £130,000 • 2 bed • 1 bath • 1088 ft²
2 bedroom apartment for sale in 11 Adelphi St, Salford, Greater Manchester, M3 6JN, M3 — £130,000 • 2 bed • 1 bath • 1088 ft²
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