Residential Investment
6% p/a NET

arrow
arrow

Adelphi Wharf, Manchester

Manchester

Beautiful studios from £114,995
Property ownership - 250 years leasehold
6% net annual yields expected

Following the tremendous success of Phases 1 and 2, the eagerly anticipated Adelphi Wharf Phase 3 is now available. The development is located in the heart of Salford, Manchester; which is undergoing a £650 million regeneration. Since this extensive and ongoing regeneration, the demand for rental accommodation in Salford has grown tenfold and shows no sign of slowing in the future as the city continues to grow. In 2014 Salford was named the buy-to-let hotspot. 

  • Stunning studio apartments from £114,995 | 1 bedroom apartments from £119,995 | 2 bedroom apartments from £164,995 | 3 bedroom apartments from £229,995
  • Returns of circa 6% NET per annum expected
  • Annual yields starting from £6,900 
  • Property ownership - 250 years leasehold
  • Fully let and managed by an experienced letting agent
  • Located in a high rental demand area
  • Close to two city centres: Salford and Manchester
Product Summary
  • Location: Salford, M3 6EN 
  • 224 units comprising of studios and 1, 2 and 3 bedroom apartments
  • Completion Date Q2 2018 
  • Residential 
  • Developer – Fortis Developments 
  • Management Company – Fortis Letting and Management 
  • 15 minute walk to Spinningfields; a retail and business hub in Manchester City Centre 
  • Sought after location for investors – 10 minute walk to Manchester City Centre   
  • 10 years construction warranty 
  • Furniture not included – cost to include furniture pack from £2,800 (cost increases per bed type) 
  • Includes on-site amenities such as: 
    • State-of-the-art private gymnasium
    • Communal areas 
    • Secure bicycle storage 
  • Car parking spaces available for selected units
  • Close proximity to excellent transport links, including train stations and bus routes 
  • Beautifully appointed overlooking the River Irwell 
  • Prime rental demand in the area and high capital appreciation anticipated
Financials

Returns of circa of 6% NET are expected from the completion of your apartment.

TypeStudio
Net Income £6,900
Purchase £114,995
Gross annual income £8,589
Service Charge £840
Management/Letting Fees £500
Ground Rent £349

Net Yield Expected: 6%

Purchase Process

1: After a full consultation process with your property advisor, a unit will be selected. They will then prepare and send you a Reservation form 

2: Pay a £5,000 reservation fee to secure your unit  

3: Both parties’ solicitors will be instructed and a Legal Contracts Pack is issued to your solicitor for review and subsequently sent to you to sign 

4: Pay your Exchange deposit monies into your solicitors client account 

5: If applicable to the payment plan you have agreed - pay a build milestone stage payment  

6: Remaining balance of monies will be due on Completion of the development 


Features

Gym
Gym

Wifi
Wifi

Bike Storage
Bike Storage

Communal Areas
Communal Areas

Find out more about Adelphi Wharf, Manchester

Please let us know your name.
Please let us know your email address.
Invalid Input
Invalid Input

CALL US NOW ON FREE PHONE 0800 088 2656

From outside the UK please call (+44) 333 212 0415