Studio Flat For Sale £85,000
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’s 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 Breakdown
Gross rent: £8,100
Ground rent: £250
Service charge: £2,351
Lettings fees: £778
Net income: £4,721
Gross yield: 9.53%
Net yield: 5.55%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-05940
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’s 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 Breakdown
Gross rent: £8,100
Ground rent: £250
Service charge: £2,351
Lettings fees: £778
Net income: £4,721
Gross yield: 9.53%
Net yield: 5.55%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-05940
Studio Flats For Sale Melville Street
Studio Flats For Sale Chapel Street
Studio Flats For Sale Bexley Square
Studio Flats For Sale Browning Street
Studio Flats For Sale Ford Street
Studio Flats For Sale Kays Gardens
Studio Flats For Sale Mayan Avenue
Studio Flats For Sale St Stephen Street
Studio Flats For Sale Brotherton Drive
Studio Flats For Sale Tysoe Gardens
Studio Flats For Sale East Ordsall Lane
Studio Flats For Sale North Star Drive
Studio Flats For Sale Rosamond Drive
Studio Flats For Sale Cleminson Street
Studio Flats For Sale Sidney Street
Studio Flats For Sale Chapel Street
Studio Flats For Sale Bexley Square
Studio Flats For Sale Browning Street
Studio Flats For Sale Ford Street
Studio Flats For Sale Kays Gardens
Studio Flats For Sale Mayan Avenue
Studio Flats For Sale St Stephen Street
Studio Flats For Sale Brotherton Drive
Studio Flats For Sale Tysoe Gardens
Studio Flats For Sale East Ordsall Lane
Studio Flats For Sale North Star Drive
Studio Flats For Sale Rosamond Drive
Studio Flats For Sale Cleminson Street
Studio Flats For Sale Sidney Street
