1-bedroom flat · M3 6GL
For saleListed 1679 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Limited Lending Pool ONE BEDROOM APARTMENT WITH PARKING !!
Qube Residential are delighted to bring to the market this stylish well proportioned one bedroom apartment, located on the fifth floor at the ever popular Adelphi Wharf.
Comprising of a spacious living area, modern integrated kitchen, well proportioned double bedroom and tiled three piece bathroom. Fully furnished including a washer/dryer, Smart TV and blinds.
This property further benefits from an outside balcony and secure underground parking. Residents have access to a roof terrace and communal gardens, and are within walking distance of the City centre.
Service Charges £1,122.88 PA (at time of advertising) Ground Rent £300 PA Lease Length 250 Years Currently Tenanted on Periodic Tenancy @ £900 PCM Entrance Hall 3.39m x 1.37m Carpeted, intercom, built in storage cupboard housing washer/dryer.
Open Plan Lounge 3.45m x 2.44m Carpeted, wall mounted electric radiator, upvc French doors leading on to outside balcony, opens onto kitchen/diner.
Open Plan Kitchen/Diner 3.38m x 3.06m Laminated flooring and part carpeted, range of wall and base units, flat edged work surfaces,integrated electric oven and hob with stainless steel splashback and extractor, sink and drainer with mixer taps, integrated dishwasher, integrated fridge freezer, recessed spotlights to ceiling.
Bedroom 3.51m x 2.77m Carpeted, wall mounted electric radiator, upvc double glazed window.
Bathroom 1.48m x 1.48m Tiled flooring, low level w/c, pedestal wash basin, built in tiled shower cubicle with power shower, chrome vertical towel warmer.
Value & comps
No previous sales on record.
Returns
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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 Adelphi Wharf 3, 7 Adelphi Street, Salford, M3
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