# 1 bedroom apartment for sale (M3 6GG)

## Property Details

| Key | Value |
|-----|-------|
| Address | Adelphi Street, Salford, Greater Manchester, M3, M3 6GG |
| Price | £135,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |

## Description

**VIDEO TOUR** - VITALSPACE ESTATE AGENTS are pleased to offer for sale this highly desirable, conveniently located ONE DOUBLE BEDROOM apartment located within the recently completed Adelphi Wharf 2 development in Salford. This immaculately presented apartment benefits from an open plan living area which leads into a contemporary kitchen complete with a host of integrated appliances and space for a dining table. The bedroom is a great size and has a full height windows with access out onto a balcony overlooking the River Irwell. A modern three piece shower room plus a utility cupboard can also be found within this apartment. Residents also have access to a communal roof terrace with incredible views across Salford and towards the city centre. Adelphi Wharf is positioned within an excellent location, within easy walking distance to places such as Spinningfields, Deansgate and Salford Central Train Station. Chapel Street has been regenerated in recent years and now includes an array of restaurants, cafes and shops. Being only 0.6 miles to Salford Central Station as well as being local to both Salford and Manchester City Centre, this apartment is perfect for those looking to commute. The tranquil atmosphere, together with incredible views of the beautiful River Irwell running alongside the development, makes Adelphi Wharf the perfect urban retreat. Currently tenanted generating a monthly rent of £950 per month. Contact VitalSpace Estate Agents for further information or to arrange an internal viewing.

## Property Photos

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## EPC Graphs

- ![EPC 1](/listings/photos/174536150/119340) - EPC 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] ADELPHI WHARF 2, 9 APARTMENT 411 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £138,000 | 28/01/2026 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT 5-20 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DN | £145,000 | 22/12/2025 | Flat |
| ADELPHI WHARF 3, 7 614 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GL | £130,000 | 27/02/2025 | Flat |
| [Same street] ADELPHI WHARF 2, 9 APARTMENT 705 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £125,000 | 16/12/2024 | Flat |
| KNIGHTSBRIDGE COURT, 2 APARTMENT 17 BLACKBURN STREET, SALFORD, GREATER MANCHESTER, M3 6FY | £175,000 | 04/12/2024 | Flat |
| ADELPHI WHARF 2, 9 APARTMENT 117 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6FZ | £136,000 | 28/02/2024 | Flat |
| ADELPHI WHARF 3, 7 APARTMENT 310 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GJ | £115,000 | 27/02/2024 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT G-05 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DN | £180,000 | 06/11/2023 | Flat |
| [Same street] ADELPHI WHARF 2, 9 APARTMENT 502 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £115,000 | 24/02/2023 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT 3-21 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DN | £135,000 | 21/12/2022 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT 3-27 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DZ | £216,800 | 19/12/2022 | Flat |
| RICHMOND COURT, 50 APARTMENT 15 NORTH GEORGE STREET, SALFORD, GREATER MANCHESTER, M3 6DW | £136,000 | 23/11/2022 | Flat |
| ADELPHI WHARF 2, 9 106 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6FZ | £232,000 | 14/09/2022 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT 6-17 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DN | £132,000 | 14/09/2022 | Flat |
| ADELPHI WHARF 3, 7 APARTMENT 104 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GH | £145,000 | 09/09/2022 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT 5-19 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DN | £143,000 | 02/09/2022 | Flat |
| [Same street] ADELPHI WHARF 2, 9 503 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £142,500 | 29/06/2022 | Flat |
| ADELPHI WHARF 2, 9 114 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6FZ | £225,000 | 15/06/2022 | Flat |
| ADELPHI WHARF 3, 7 APARTMENT G10A ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GH | £119,000 | 18/05/2022 | Flat |
| [Same street] ADELPHI WHARF 2, 9 704 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £225,000 | 22/04/2022 | Flat |
| ADELPHI WHARF 3, 7 617 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GL | £250,000 | 04/04/2022 | Flat |
| [Same street] ADELPHI WHARF 2, 9 418 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £124,500 | 25/03/2022 | Flat |
| ADELPHI WHARF 3, 7 420 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GJ | £135,000 | 25/03/2022 | Flat |
| ADELPHI WHARF 3, 7 621 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GL | £125,000 | 14/03/2022 | Flat |
| ADELPHI WHARF 1, 11 APARTMENT 1-19 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6DN | £155,000 | 10/03/2022 | Flat |
| ADELPHI WHARF 2, 9 115 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6FZ | £189,950 | 25/02/2022 | Flat |
| [Same street] ADELPHI WHARF 2, 9 619 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £149,000 | 12/11/2021 | Flat |
| [Same street] ADELPHI WHARF 2, 9 508 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £115,000 | 10/11/2021 | Flat |
| [Same street] ADELPHI WHARF 2, 9 501 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £220,000 | 20/08/2021 | Other |
| [Same street] ADELPHI WHARF 2, 9 508 ADELPHI STREET, SALFORD, GREATER MANCHESTER, M3 6GG | £76,480 | 13/08/2021 | Other |

**Street average:** £143,048 (10 sales)
**Area average:** £160,988 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £285,168 (345 Flat, M3, 2024–2026)
- **Deviation:** -52.7%

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,046/mo
- **Realistic:** £1,162/mo
- **Optimistic:** £1,278/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Adelphi Street, M3 | £950/mo | 1 | 0 miles | OpenRent |
| Studio Flat, Chapel Street, M3 | £700/mo | 1 | 0.18 miles | OpenRent |
| 1 Bed Penthouse, The Crescent, M5 | £999/mo | 1 | 0.19 miles | OpenRent |
| Studio Flat, Chapel Street, M3 | £700/mo | 1 | 0.2 miles | OpenRent |
| 1 Bed Flat, Block C, M5 | £1,250/mo | 1 | 0.23 miles | OpenRent |

**Average rent: £920/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.7% (weak for cashflow)
- **Max investor price (0.8%):** £118,750
- **Target investor price (1%):** £95,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £950/mo).*

- **Gross yield:** 8.4%
- **Cost-to-rent:** 11.8×
- **Monthly cashflow:** £298/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -1.2%
- **10y growth:** 29.9%

## House Price Index (HM Land Registry)

*Official index for Salford; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.6%
- **5y growth (index):** 11%
- **10y growth (index):** 71.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)