£85,000

Studio for sale

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Leasehold

£85,000

Studio for sale

X1 The Town Hall, Salford M3

1 bath
1 reception
EPC rating: D

Key Information

Tenure:
Leasehold (990 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • The Cathedral School of St Peter and St John RC Primary 0.2 miles
  • St Philip's CofE Primary School 0.2 miles
  • Salford Central 0.2 miles
  • Manchester Victoria 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Manchester to find out more about the local area.

Features and description

  • Leasehold
  • 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
  • Second Floor
  • 8.51% Net Yield
  • Private Terrace
  • Sold With Tenant In Situ
X1 The Town Hall, Salford, M3 6Dd

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.

Financial Breakdown

Gross Rent: £11,400.00
Net income: £7,230.12
Gross yield: 13.41%
Net yield: 8.51%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07831

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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.

  1. Zoopla
  2. For sale
  3. Greater Manchester
  4. Salford
  5. Bexley Square

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