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See how verdicts work2-bedroom flat · M3 6GG
Sold STCReduced £20k (−10.5%) on 21 JunListed 988 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Achieving £1,350 pcm rent. EWS1 B1 Rating! Mortgage buyers welcome. Adelphi Wharf is a purpose built development of spacious apartments is fantastic location.
Strategically positioned within the corridor of both The Salford University and Media City UK the home of both the BBC and itv.
This immaculate 4th floor apartment offer generous spacious living throughout.
Consisting of a hallway to an impressive living area with a multi appliance fitted kitchen with integrated appliance and a superb covered balcony off the living area. Two double size bedrooms.
The bathroom offer a stylish fitted three piece suite in white.
Management company Xenia Ground rent £300 per year Service Charge £2384.64per year Leasehold 250 year from 2016 EPC B Gross Yield-7.3% Net Yield-6%
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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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 401, Adelphi Wharf 2, Salford
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