X1 The Town Hall, Salford, M3 6DD
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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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
- Second Floor
- 8.51% Net Yield
- Private Terrace
- Sold With Tenant In Situ
Description
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
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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X1 The Town Hall, Salford, M3 6DD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Salford Central Station0.2 miles
- Manchester Deansgate-Castlefield Tram Stop0.6 miles
- Salford Crescent Station0.7 miles
About the agent
yieldit, Manchester
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.
yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen
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Visit our security centre to find out moreDisclaimer - Property reference YL-07831. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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