Studio apartment

X1 The Town Hall, Bexley Square

Size: 29 sqm

Purchase price

£95,000

Size: 29 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,180
Ground rent £250
Service charge £1,159
Lettings fees £1,023
Net income £6,748
Gross yield 9.66%
Net yield 7.10%

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.

These apartments are 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. We have both studios and one bedroom apartments available; some of which come with parking spaces. All are tenanted for immediate returns.

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.

Property prices in Salford are up by over 49% in the last ten years alone (Zoopla, October 2021), 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 a fantastic time to invest!

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.

Interested? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

PERFECT FOR INVESTORS - STUDIO AND ONE BEDROOM APARTMENTS IN THE ICONIC X1 TOWN HALL. Earn instant income on these already tenanted investment opportunities.

Interested in this property? Enquire today for more information

Key features

Key features

Sought after development

Key features

Original period features

Key features

Close to Manchester city centre

Key features

Offered fully furnished

Key features

Onsite gymnasium

Key features

Grade II Listed

Key features

Form Salford Town Hall

Key features

Cash buyers only

Key features

Tenanted for immediate returns

Key features

Studios and one bedrooms available

PERFECT FOR INVESTORS - STUDIO AND ONE BEDROOM APARTMENTS IN THE ICONIC X1 TOWN HALL. Earn instant income on these already tenanted investment opportunities. More info...

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.

These apartments are 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. We have both studios and one bedroom apartments available; some of which come with parking spaces. All are tenanted for immediate returns.

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.

Property prices in Salford are up by over 49% in the last ten years alone (Zoopla, October 2021), 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 a fantastic time to invest!

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.

Interested? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Sought after development
    Tick Desktop Original period features
    Tick Desktop Close to Manchester city centre
    Tick Desktop Offered fully furnished
    Tick Desktop Onsite gymnasium
    Tick Desktop Grade II Listed
    Tick Desktop Form Salford Town Hall
    Tick Desktop Cash buyers only
    Tick Desktop Tenanted for immediate returns
    Tick Desktop Studios and one bedrooms available
  • LocationLocation

*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.

Breakdown
Financial performance*
Gross rent £9,180
Ground rent £250
Service charge £1,159
Lettings fees £1,023
Net income £6,748
Gross yield 9.66%
Net yield 7.10%

*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.