1 bedroom apartment for sale

X1 Salford Quays Phase 3, Elmira Way, Salford, M5 3LH

Full description

Size: 40.5 sqm

** CAR PARKING SPACE ** Luxury 1st floor 1 bedroom apartment in Salford Quays with balcony, tenanted until April 2019, managed by award winning X1 Lettings. more info...

Completed in 2016 we are pleased to offer this fabulous investment opportunity in the new luxury X1 Spinner House development located in the highly sought after Salford Quays.

This apartment is situated on the 1st floor of the X1 Spinner House development and is offered fully furnished to a high specification. The apartment features a luxury modern design fitting with the opulence of the building, compromising of a spacious living space with private balcony, large master bedroom with serene views overlooking the park and fully fitted kitchen and 3-piece bathroom designed and fitted to the highest specification.

X1 Spinner House is a luxury development, offering the perfect living environment for working professionals perfectly situated in the heart of Salford. The building features an opulent décor and offers residents allocated parking, lift access as well as stunning views of the quays. Residents benefit from free gym access in the adjacent X1 Exchange building as well as being walking distance from Media City, and Exchange Quays Tram Stop.

Salford is not a city that stands still, with ambitious regeneration and development programmes such as MediaCityUK continue to inspire investors and developers and ensure that the city is one of the UK’s most determined, innovative and creative business destinations as well as one of the most desirable investment locations.

Salford offers great lucrative investment opportunities with longevity as regeneration in the area has made Salford a highly desirable area to live work, play and of course invest! House prices in the area are consistently on a rise, with an increase of 35% over the last 5 years alone! (Zoopla – October 2018). Salford’s great location supported by excellent transport connections to major cities across the UK and Europe only adds to this being a great investment opportunity not to be missed!

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Key features

Key features Tenanted for immediate return on investment
Key features Managed by award winning X1 Lettings
Key features Perfect for first time buyers
Key features Fully furnished
Key features Great transport routes
Key features 10mins walk to Old Trafford
Key features Allocated parking included
Key features Balcony with serene park views

EPC

Financial Performance*

Purchase price £147,000
Gross rent £9,720
Ground rent £275
Service charge £984
Lettings fees £749
Net income £7,712
Gross yield 6.61%
Net yield 5.25%

*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.

1 bedroom apartment for sale

X1 Salford Quays Phase 3, Elmira Way, Salford, M5 3LH,

Purchase price £147,000
Gross rent £9,720
Ground rent £275
Service charge £984
Lettings fees £749
Net income £7,712
Gross yield 6.61%
Net yield 5.25%

Full description

** CAR PARKING SPACE ** Luxury 1st floor 1 bedroom apartment in Salford Quays with balcony, tenanted until April 2019, managed by award winning X1 Lettings. more info...

Completed in 2016 we are pleased to offer this fabulous investment opportunity in the new luxury X1 Spinner House development located in the highly sought after Salford Quays.

This apartment is situated on the 1st floor of the X1 Spinner House development and is offered fully furnished to a high specification. The apartment features a luxury modern design fitting with the opulence of the building, compromising of a spacious living space with private balcony, large master bedroom with serene views overlooking the park and fully fitted kitchen and 3-piece bathroom designed and fitted to the highest specification.

X1 Spinner House is a luxury development, offering the perfect living environment for working professionals perfectly situated in the heart of Salford. The building features an opulent décor and offers residents allocated parking, lift access as well as stunning views of the quays. Residents benefit from free gym access in the adjacent X1 Exchange building as well as being walking distance from Media City, and Exchange Quays Tram Stop.

Salford is not a city that stands still, with ambitious regeneration and development programmes such as MediaCityUK continue to inspire investors and developers and ensure that the city is one of the UK’s most determined, innovative and creative business destinations as well as one of the most desirable investment locations.

Salford offers great lucrative investment opportunities with longevity as regeneration in the area has made Salford a highly desirable area to live work, play and of course invest! House prices in the area are consistently on a rise, with an increase of 35% over the last 5 years alone! (Zoopla – October 2018). Salford’s great location supported by excellent transport connections to major cities across the UK and Europe only adds to this being a great investment opportunity not to be missed!

Key features

TicksTenanted for immediate return on investment
TicksManaged by award winning X1 Lettings
TicksPerfect for first time buyers
TicksFully furnished
TicksGreat transport routes
Ticks10mins walk to Old Trafford
TicksAllocated parking included
TicksBalcony with serene park views

EPC

*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.