2 Bedrooms Flat for sale in X1 Salford Quays, Spinner House, Elmira Way, Salford M5 | £ 167,000
Overview
| Price: | £ 167,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M5 |
| Address: | X1 Salford Quays, Spinner House, Elmira Way, Salford M5 |
| Bathrooms: | 2 |
| Bedrooms: | 2 |
Property Description
This spacious 3rd floor apartment comprises 2-bedrooms and 2-bathrooms, situated in the X1 Salford Quays Phase 3 development in Salford.
The bright and modern space comprises a hallway, living and dining area, kitchen, balcony (with access from the living room), large master bedroom with en-suite, additional double bedroom, and family bathroom.
Located in one of the uk’s most exciting rental landscapes, X1 The Exchange is close to both MediaCityUK and Manchester city centre, making it the perfect home for the burgeoning number of young professionals living and working in Greater Manchester.
Both Salford and Manchester are fantastic buy-to-let hotspots, with industry experts stating that there is room for regional house price growth of up to 30% in the next few years – unsurprising when statistics show that property prices in Salford have already risen by over 40% in the last five years alone (Zoopla, May 2018)!
Financial Breakdown
Gross rent: £10,740
Ground rent: £250
Service charge: £1,700
Lettings fees: £1,074
Net income: £7,716
Gross yield: 6.43%
Net yield: 4.62%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-13217
Property Location
Property Marketed by Yieldit
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