X

Thinking of

Selling

or

Letting

Your Property

Get your FREE market appraisal
Sold 1 Bedroom 1 Bathroom 1 Reception From £150,000

Trafford Road, Salford, M5 - From £150,000

  • Buy-to-Let Investment Opportunity
  • 1 Bedroom Apartments Available from £150,000
  • Expected Net Returns 6% PA
  • Waterfront Views
  • Completion Q1 2018

XI GATEWAY 1 BEDROOM APARTMENT

Welcome to the latest addition to Salford's prospering buy-to-let market: X1 The Gateway. With a sleek, modern design, a luxurious finish and set in a desirable location; this new residential development raises the bar when it comes to providing future tenants with a first- class cosmopolitan living experience.

Whilst X1 The Gateway is a dream for residents, it presents itself as a remarkable investment opportunity for investors too as they can expect returns as high as 6% NET. As property prices continue to soar, investors are set to see their investment appreciate over time thanks to the supply/demand imbalance currently dominating the market across the UK.

OVERVIEW

o A total of 191 stunning apartments on offer

o Large 1 Beds from £150,000

o Located between Manchester City Centre and Salford Quays

o Waterfront views

o Situated in a prime residential area

o Expected NET returns of 6%

o Short walk to transport links, including Salford Quays tram stop

o Within easy walking distance of MediaCityUK

o Let and managed by X1 Lettings

o Built by experienced and award-winning developer X1

o Ground rent £350, Service charge £433.36


PAYMENT PLAN

o 25% on exchange on contracts, within 28 days less reservation fee.

o 10% six months from exchange of contracts (furniture pack payment to be made at this stage).

o 65% on completion. ...Read Less

The Stamp Duty for this property would be £500    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 500
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

Recalculate Stamp Duty Amount

Arrange a Viewing

This property is currently Sold. However, register your details below and we will contact you if it becomes available again.
floorplan
Back to Top
Back to Top
Back to Top