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See how verdicts work1-bedroom flat · M3 6GJ
For saleReduced £60k (−44.4%) on 26 OctListed 1278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Limited Lending Pool This well proportioned one bedroom apartment at the Award Winning Adelphi Wharf Development is ideal for investment buyers.
Situated on the fourth floor, this wonderful apartment comprises newly carpeted entrance hall, spacious open plan living/dining, fully fitted and integrated modern kitchen, modern shower room and Juliet balcony.
Adelphi Wharf is a luxury development set in the highly sought-after area of Salford. The building offers stunning views of the River Irwell.
In addition, the development is perfectly situated offering fantastic transport routes throughout Greater Manchester.
Being only 0.6 miles to Salford Central Station makes for an easy commute, as well as being local to both Salford and Manchester City Centres. Currently Tenanted Until 31/07/2024 at £875pcm.
Service Charge: £1,220 PA (at time of advertising) Ground Rent: £240 Deed of Variation in Place.
Lease: 250 years from 13 August 2015 EWS-1 Grade A1 Management Company: Xenia Estates Entrance Hall 3.33m x 1.3m Carpeted, intercom system, built in storage cupboard (housing washer/dryer) Open Plan Living/Kitchen 5.94m x 2.8m Carpeted, upvc French doors leading to outside balcony, wall mounted electric radiator, opens onto kitchen.
Kitchen Laminated flooring, range of wall and base units, flat edged work surfaces, integrated electric hob and oven with stainless steel splashback and extractor hood, sink and drainer with mixer taps, integrated fridge freezer, integrated dishwasher, recessed spotlights to ceiling.
Bedroom 3.59m x 2.79m Carpeted, wall mounted electric radiator, ceiling to floor upvc double glazed window.
Shower Room 1.49m x 1.46m Tiled flooring, low level w/c, pedestal wash basin, fully tiled shower cubicle with power shower, chrome vertical towel warmer, tiled to compliment.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Adelphi Wharf 3, 7 Adelphi Street, Salford, M3
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