X1 Town Hall, Manchester M3 6DD
Size: sqm
Purchase price
£100,000
Size: sqm
Gross rent | £9,300 |
Ground rent | £250 |
Service charge | £2,267 |
Lettings fees | £744 |
Net income | £6,039 |
Gross yield | 9.3% |
Net yield | 6.04% |
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 deluxe 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
Buy-to-let investment opportunity
Anticipated NET yield above 6%
Sought after development
Ground floor deluxe studio apartment
Grade-II listed former town hall in Salford
Excellent location close to Manchester city centre
Private residents’ gymnasium
Stylish and modern kitchen and bathroom
ATTENTION INVESTORS - PERFECT INVESTMENT OPPORTUNITY! A beautifully presented deluxe studio apartment within a Grade-II listed former Town Hall in Salford. Enquire today to avoid disappointment. More info... Less 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.
*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.
Gross rent | £9,300 |
Ground rent | £250 |
Service charge | £2,267 |
Lettings fees | £744 |
Net income | £6,039 |
Gross yield | 9.3% |
Net yield | 6.04% |
*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.
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yieldit is a company registered in England and Wales. Registered number: 5236745.