Property Details

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

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.

• 1 Bedroom
• 1 Reception
• 1 Bathroom
• Apartment
• Leasehold