Adelphi Wharf Apartments in Manchester

Investment Summary
Adelphi Wharf contrasts city and country living. The picturesque property provides a residential retreat overlooking the beautiful River Irwell. The meandering river makes its way through the North West before forming the Manchester Ship Canal in Manchester’s city centre, less than half a mile away from the development.
The location of Adelphi Wharf is simply unrivalled. Upon completion in August 2016 of Phase 1, the boutique apartments will be on the doorstep of the newly transformed Chapel Street corridor, as well as only fifteen minute walk from the city centre.
This £75million development features all the facilities needed for modern twenty-first century living. Both bicycle storage and selected car parking spaces allow for residents to traverse both the city and local countryside easily. The onsite gym offers a modern luxurious convenience for all residents to enjoy. Adelphi Wharf also features beautifully landscaped gardens for residents to relax and admire the scenery from.
The first phase of the development contains 202 luxury apartments. Adelphi Wharf is in the heart of an area galvanised by both a rising population and regeneration, but its countryside appeal is not lost thanks to endless views of the river and meadows.
Adelphi Wharf’s location is almost unprecedented.
Situated overlooking the iconic River Irwell and enjoying an abundance of unspoilt rural areas, this development is truly a rustic retreat. However, despite its picturesque surroundings, Adelphi Wharf also benefits from its cosmopolitan location in the midst of the thriving city of Salford.
Located on Adelphi Street, Adelphi Wharf is just a stone’s throw away from Chapel Street, a central corridor linking Salford to the neighbouring city of Manchester.
With local amenities easily accessible by foot, residents are also free to explore the immediate area with ease thanks to excellent transport links in and around the area.
Also, access to prime transportation links mean that residents of Adelphi Wharf are easily connected to almost anywhere within Greater Manchester’s ten boroughs thanks to the Metro link system, the UK’s largest light rail tram system that has 92 stops along 57 miles in and around the city.
Example Investments;
Description; 1 bed apartment
Price; £109,995
Size; 39.6 sqm
Rent; £7,800 per annum
Lettings fee; £390
Service Charge; £720
NET Income £6,690
NET Yield; 6% (Rental income assured for 2 years)
Description; 2 bed town house
Price; £124,995
Size; 61.3sqm
Rent; £9,000
Lettings fee; £450
Service Charge; £840
NET Income £7,710
NET Yield; 6% (Rental income assured for 2 years)
Description; 3 bed town house
Price; £169,995
Size; 147.6sqm
Rent; £11,400 per annum
Lettings fee; £570
Service Charge; £400
NET Income £10,430
NET Yield; 6% (Rental income assured for 2 years)
Questions & Answers
Am I buying as freehold or leasehold?
250 years leasehold
What is the address of the site?
Adelphi Street, Salford M3 6EN
Are there tenants already in place?
No, Adelphi Wharf is a new-build development, with the first phase ready to accept tenants in August 2016.
What are the projected annual returns on this project?
Returns of circa 6% are assured for the first year from completion of your apartment
When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion
Is there a management company in place?
Yes, the designated management company will be Fortis Lettings & Management, who will block manage and let the building
Are there any restrictions if I want to sell?
No, Adelphi Wharf is a residential development, so you are free to sell your apartment on the open market
How much is the ground rent?
Ground rent is £295 per annum
NEXT STEP?
For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474
We can send you:
Brochure,
Availability,
Price List,
Floor Plans.
If you wish to reserve online please request the reservation form.
Please ask us any questions that you may have.





