Studio apartment

Bexley Square, Salford, M3 6DX

Size: 39.97 sqm

Purchase price

£105,000

Size: 39.97 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,440
Ground rent £250
Service charge £3,359
Lettings fees £1,253
Net income £5,578
Gross yield 9.94%
Net yield 5.31%

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 studio apartment is accessible via a secure keyless entry system and comprises of a bright and airy open-plan living space including a fully-fitted kitchen and a stylish modern bathroom. The apartment comes fully furnished.

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 40% in the last five years alone (Zoopla, November 2018), 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 area and beyond, 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.

ATTENTION INVESTORS - PERFECT INVESTMENT OPPORTUNITY! A beautifully presented studio apartment within a Grade-II listed former Town Hall in Salford. Enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income on this tenanted investment

Key features

5.74% NET yield

Key features

Sought after development

Key features

Ground floor studio apartment

Key features

Grade-II listed former town hall in Salford

Key features

Excellent location close to Manchester city centre

Key features

Private residents’ gymnasium

Key features

Stylish and modern kitchen and bathroom

ATTENTION INVESTORS - PERFECT INVESTMENT OPPORTUNITY! A beautifully presented studio apartment within a Grade-II listed former Town Hall in Salford. Enquire today to avoid disappointment. 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.

This modern studio apartment is accessible via a secure keyless entry system and comprises of a bright and airy open-plan living space including a fully-fitted kitchen and a stylish modern bathroom. The apartment comes fully furnished.

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 40% in the last five years alone (Zoopla, November 2018), 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 area and beyond, 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.

  • Key features
    Tick Desktop Earn instant income on this tenanted investment
    Tick Desktop 5.74% NET yield
    Tick Desktop Sought after development
    Tick Desktop Ground floor studio apartment
    Tick Desktop Grade-II listed former town hall in Salford
    Tick Desktop Excellent location close to Manchester city centre
    Tick Desktop Private residents’ gymnasium
    Tick Desktop Stylish and modern kitchen and bathroom
  • LocationLocation
  • EPCEPC

*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 £10,440
Ground rent £250
Service charge £3,359
Lettings fees £1,253
Net income £5,578
Gross yield 9.94%
Net yield 5.31%

*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.