£70,000
Studio for saleX1 The Town Hall, Salford, Manchester M3
1 bath
1 reception
EPC Rating: D
About this property
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
Ground Floor
Sold With Tenant In Situ
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. Note letting and management fee may apply.
Financial Breakdown
Gross Rent: £11,400.00
Net income: £6,274.12
Gross yield: 16.29%
Net yield: 8.96%
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-07979
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Tenure
Leasehold (990 years)
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