Studio for sale in X1 The Town Hall, Salford M3

£85,000
Interested in this property? Call +44 161 506 6169 * or Request Details

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Studio for sale

1 1 EPC Rating: D EPC Rating: D

Tenure:
Leasehold
Time remaining on lease:
990 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Utilities and more details

Property 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

Property description

X1 The Town Hall, Salford, M3 6Dd

The studio is accessible via a secure keyless entry system is a bright and airy open-plan living space including a fully-fitted kitchen and a stylish modern bathroom.This studio is offered on a fully furnished basis and has access to its own private terrace.

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

Property info

Floorplan(s): Townhallfp.Jpg

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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