EPC rating

X1 Gateway, Trafford Road, Salford, M5

Guide Price
£300,000
Flat
2
3

Key Features

  • 4th Floor Corner Positioned, 3 Double Bedroom Apartment
  • Private Balcony & Parking Included
  • Immaculately Presented
  • Convenient For MediaCityUK / Salford Quays
  • Salford Quays Metrolink Service Nearby
  • Overnight Security
  • On-Site Gymnasium With 24hr Access
  • Fully Furnished
  • Ideal Investment Opportunity
  • EWS1 Approved

TENANTED & GENERATING IMMEDIATE INCOME! *Take a look at the photos, floorplan & 360 virtual tour of the actual apartment!* Mr Investa are pleased to present to the market this 4th Floor, CORNER POSITIONED , 3 DOUBLE BEDROOM APARTMENT WITH PRIVATE BALCONY & PARKING INCLUDED! The property comes fully furnished. Currently tenanted until November @ £1,600pcm. Current Financial Performance Until 05/11/24 Rental Income: £1,600pcm / £19,200 per annum Ground Rent: £350 per annum Service Charge: £3,244 per annum Lettings Fee 8% + VAT: £1,843 per annum NET Income: £13,763 NET Yield: 4.5% Located on the 4th floor of an impressive building, X1 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 Approved. 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! 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.

Financial Performance

  • Gross Rent
    £19200
  • Ground Rent
    £350 / year
  • Service Charge
    £3,244 / year
  • Lettings Fees
    £1843.20
  • Net Income
    £13763
  • Gross Yield
    6.40%
  • Net Yield
    4.5%

Speak with Mr Investa

Got any questions or would like to arrange a viewing?

Call us on +44 (0)161 713 3693.


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