£240,000 /Sale price

Salford M5

Overview

SUMMARY: Discover an opportunity with this Salford flat for sale and available for £240,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
X1 Sales present this 3 bedroom , 2 bathroom 6th floor apartment at The Gateway! Modern Investor-Ready Apartment X1 The Gateway, ManchesterAsking Price: £240,000A
fantastic opportunity for buy-to-let investors, this sophisticated, contemporary apartment is part of the recently completed X1 The Gateway development (2021) and comes tenant in situ until June 2026, generating £1,700 pcm rental income.Net Yield 8%Gross yield inc all fee's 5.9%Property HighlightsTenant in Situ: Secure income stream until June 2026 (£1,700 pcm)Fully Furnished: Premium furniture throughout, ready for rentalSpacious Kitchen: Fully integrated appliances, white goods, plus separate utility cupboard with washer/dryerHigh-Quality Finish: Contemporary, modern interiors throughoutEPC Rating: CFinancial DetailsAsking Price: £240,000Service Charge (2025): £3,674.73 per annum (payable quarterly)Ground Rent: £350 per annum, 5-year
RPI reviewLease Length: 999 years from 01.01.2020Lettings fee's 9% plus VAT - full managementLocationSought-after development in Manchester city centreExcellent transport links nearby, ideal for tenants commuting to work or MediaCityClose to shops, restaurants, and local amenitiesInvestor Note: With a long-term tenant already in place and premium furnishings included, this property offers a turnkey investment with minimal management required.
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Details

  • Beds: 3
  • Price: £240,000 /Sale price

Amenities

  • Home
    • Investment purchase - tenant in place long term
    • * On-site Gym
    • * On-site Security 7 PM 7 AM
    • * Balcony with Amazing View
    • * Great Location
    • * Excellent Transport Link
    • Net Yield 8%
    • Gross yield inc all fee's 5.9%

Location

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This Flat for sale is located at Salford M5. The home has 3 Bedroom. This 3 bedroom Flat in Salford is for sale for £240,000 /Sale price.

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