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1 bed property, in Adelphi Street, £200,000
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1 bed flat

Adelphi Street, Salford, M3 6
£200,000

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Our Summary

  • TURNKEY INVESTMENT OPPORTUNITY
  • Adelphi Wharf presents strong potential for rental growth, driven by a combination of location, demand, and broader market trends
  • 5% net yield, there is scope for future rent increases as the market continues to strengthen
  • This apartment presents an ideal turnkey investment opportunity, offering both strong rental returns and minimal ongoing maintenance

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Description

Adelphi Wharf offers a strong potential for rental growth due to its prime waterside location, close to Manchester and Salford city centres, and the ongoing regeneration of the area. The property's modern, energy-efficient design and excellent transport links make it highly attractive to young professionals and students, leading to high demand and a shortage of similar high-spec apartments. With a recently renewed tenancy generating £1,100pcm and a 5.5% net yield, there is scope for future rent increases as the market continues to strengthen.

Manchester's rental growth consistently outpaces the national average, and with rising mortgage rates pushing more people into long-term renting, this property offers an excellent opportunity for sustained rental income and long-term capital appreciation, making it an ideal turnkey investment opportunity.