Studio

X1 The Town Hall, 
Salford, 
Manchester, 
M3 6DD
Purchase price
£70,000
  • Tenanted
ATTENTION INVESTORS, SPACIOUS STUDIO APARTMENT AVAILABLE LOCATED IN POPULAR DEVELOPMENT X1 THE TOWN HALL. Enquire for further details.
  • Financial Performance*
Gross rent
£11,400
Ground rent
£500
Service charge
£4,206
Lettings fees
£1,140
Net income
£5,554
Gross yield
16.29%
Net yield
7.93%
  • Key Features
  • Grade-II Listed Former Town Hall in Salford
  • Large Luxury Studio
  • Onsite Gymnasium
  • Award-Winning X1 Lettings Block Management
  • Close to both Manchester and MediaCityUK
  • Excellent Transport Links
  • Ground Floor
  • Sold With Tenant In Situ

The studio is accessible via a secure keyless entry system is a bright and airy open-plan living space including a fully-fitted kitchen and a stylish modern bathroom.This studio is offered on a fully furnished basis and has access to its own private terrace.

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 Media City UK.

It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace. Property prices in Salford have skyrocketed over the last few years and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth, making now the perfect opportunity to invest. Note letting and management fee may apply.

  • Financial Performance *
Gross rent
£11,400
Ground rent
£500
Lettings fees PA
£1,140
Service charge
£4,206
Net income
£5,554
Gross yield
16.29%
Net yield
7.93%

Fill in your details below to enquire about property YL-07979
Studio

X1 The Town Hall, 
Salford, 
Manchester
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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.
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