Apartment

Bexley Square, 
Salford, 
M3 6DD
Purchase price
£60,000
  • Tenanted
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY YIELDING OVER 8% NET! - CASH BUYERS ONLY! Fantastic studio apartment for sale situated on the ground floor of the Grade-II listed former town hall in Salford - X1 Town Hall
  • Financial Performance*
Gross rent
£10,200
Ground rent
£500
Service charge
£3,739
Lettings fees
£918
Net income
£5,043
Gross yield
17.0%
Net yield
8.41%
  • Key Features
  • Cash buyers only
  • Buy to let investment opportunity
  • Spacious studio
  • Fully furnished
  • Double bed
  • Fully fitted kitchen with appliances
  • Sought after development
  • Close to Manchester city centre

Formerly a Magistrates Court and Town Hall, this beautiful Grade II listed building underwent an extensive refurbishment to transform it into 122 luxury residential apartments, re-branded as X1 Town Hall.

This modern apartment is accessible via a secure keyless entry system and comprises a bright and airy open-plan living space including a fully fitted kitchen and a stylish modern bathroom.

X1 Town Hall also includes communal facilities for tenants, such as private on-site gym, lift access to all levels, a management office, CCTV fitted in all communal areas and super-fast Wi-Fi throughout. This development is situated close to Manchester and Salford city centres, as well as MediaCityUK.

Salford is a city where innovation, leadership and partnership working are contributing significantly to the increased economic vitality, growth and competitiveness of Greater Manchester and the region as a whole. Part of the Northern Powerhouse, it is an integral player in Greater Manchester, ambitious growth and devolution agenda.

X1 Town Hall is block management by X1 Lettings who are experts in lettings within the North West in particular and have market leading tenancy rates across all of their sites.

This is an excellent opportunity for either first time buy-to-let investors or experienced portfolio landlords.

  • Financial Performance *
Gross rent
£10,200
Ground rent
£500
Lettings fees PA
£918
Service charge
£3,739
Net income
£5,043
Gross yield
17.0%
Net yield
8.41%

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Apartment

Bexley Square, 
Salford
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC