1 bedroom flat for sale

  • £135,000
  • 8.7% Rental Yield
  • 87 ALI
X1 The Gateway, Trafford Road, Salford, M5
For Sale

1 bedroom flat for sale

X1 The Gateway, Trafford Road, Salford, M5
  • £135,000
  • 8.7% Rental Yield
  • 87 ALI

Overview

Updated on February 19, 2023
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
    • Sq Ft
  • Year Built

Description

SIUPERB PROPERTY INVESTMENT WITH PRIVATE BALCONY! 4.93% NET YIELD

Mr Investa are pleased to present to the market this FANTASTIC ONE BEDROOM APARTMENT located on the 2nd floor of an impressive building, X1 The Gateway. This popular development stands in a prime location within close proximity to Manchester City Centre & MediaCityUK/Salford Quays. This is an ideal property investment opportunity. Call us now for more information.

EWS1 Form available.

The property is within close proximity to a variety of shops, bars and restaurants in Salford Quays/MediaCityUK, including the Lowry Theatre and Lowry Outlet Mall, whilst Manchester City Centre is also easily accessible. For commuters, Salford Quays Metrolink stop is conveniently located just across the road from the building!

Currently Tenanted Until 12th September 2023

Current Rental Income: £9,000 per annum
Tenancy Expiry: 12th Sept 2023
Service Charge: £924 per annum
Ground Rent: £350 per annum
Lettings Fee 8% + VAT: £864 per annum

NET Income: £6,862 per annum
NET Yield: 5.08%

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.

Arical Liveability Index

87
Schools
Good
Restaurants
Outstanding
Transport
Outstanding
Services
Outstanding
Groceries
Outstanding
Safety
Outstanding

What's Nearby?

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Predicted Rental Yield

8.7%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

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