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.