Studio flat · M3 6EN
Listing removedListed 1275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE TO CASH BUYERS We are delighted to welcome to the market this fantastic studio apartment at the ever popular Adelphi Wharf development.
This studio apartment is bright and airy with open plan living/kitchen area. Fully fitted and integrated kitchen. Fantastic communal roof terrace.
Just 1 mile from Spinningfields and with fantastic transport links - Adelphi Wharf is the perfect location.
The Property currently has a long term tenancy agreement until January 2026 achieving £650 PCM. Service Charge £1,716.42 PA (at time of advertising) Lease Length 250 Years From Feb 2016.
Ground Rent £300 PA Entrance Hall 2.41m x 1.42m Carpeted, built in storage cupboard (housing water tank and washer/dryer) Open Plan Studio 5.4m x 4.99m Carpeted, intercom system, 2 x ceiling to floor double glazed windows, 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, sink and drainer with mixer taps, integrated dishwasher, integrated fridge freezer, spotlights to ceiling.
Bathroom 2.4m x 2.15m Tiled flooring, low level w/c, handwash basin, panelled bath with power 'over-shower' and splash guard, 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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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 1A, 11 Adelphi Street, Salford, M3
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