This well proportioned two bedroomed apartment is located on the seventh floor of Adelphi Wharf, a modern waterfront development in Salford. The accommodation is immaculate throughout and briefly comprises of; large hallway, large kitchen/living area, two double bedrooms with ensuite to the master, family bathroom, storage cupboard and huge balcony with water views. The apartment also comes with a parking space.<br /><br />Manchester city centre is just a short walk from this exciting waterside development which overlooks the River Irwell. There are a number of transport links close by, such as Salford Crescent train station and numerous bus routes. There is also easy access to the nearby motorway network. The local area also offers a selection of bars, shops and restaurants along Chapel Street and green space in the form of Peel Park.<br /><br />The price growth in Salford is higher than the national average, with the 2 year growth at 1.2 times the national average. The average house price in Salford, M3 is £265,507 and the average rent is £916. The area surrounding Adelphi Wharf has also seen a huge amount of regeneration including the ongoing redevelopment of Chapel Street and the New Bailey area of the city. This is an exciting time to invest in Adelphi Wharf, so enquire today to avoid disappointment.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £11,940 <br /> Ground rent: £240 <br /> Service charge: £1,394 <br /> Lettings fees: £1,940 <br /> Net income: £8,366 <br /> Gross yield: 5.19% <br /> Net yield: 3.64% <br /> <br /> IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.<br /><br /> <br /> <br /> yieldit ref: YL-17387