The Gateway, 15 Trafford Road, Salford, M5

- PROPERTY TYPE
Flat
- BEDROOMS
3
- SIZE
883 sq ft
82 sq m
Key features
- Investment purchase - tenant in place long term
- * On-site Gym
- * On-site Security 7 PM – 7 AM
- * Balcony with Amazing View
- * Great Location
- * Excellent Transport Link
- Net Yield 8%
- Gross yield inc all fee's 5.9%
Description
Modern Investor-Ready Apartment | X1 The Gateway, Manchester
Asking Price: £240,000
A fantastic opportunity for buy-to-let investors, this sophisticated, contemporary apartment is part of the recently completed X1 The Gateway development (2021) and comes tenant in situ until June 2026, generating £1,700 pcm rental income.
Net Yield 8%
Gross yield inc all fee's 5.9%
Property Highlights
Tenant in Situ: Secure income stream until June 2026 (£1,700 pcm)
Fully Furnished: Premium furniture throughout, ready for rental
Spacious Kitchen: Fully integrated appliances, white goods, plus separate utility cupboard with washer/dryer
High-Quality Finish: Contemporary, modern interiors throughout
EPC Rating: C
Financial Details
Asking Price: £240,000
Service Charge (2025): £3,674.73 per annum (payable quarterly)
Ground Rent: £350 per annum, 5-year RPI review
Lease Length: 999 years from 01.01.2020
Lettings fee's 9% plus VAT - full management
Location
Sought-after development in Manchester city centre
Excellent transport links nearby, ideal for tenants commuting to work or MediaCity
Close to shops, restaurants, and local amenities
Investor Note: With a long-term tenant already in place and premium furnishings included, this property offers a turnkey investment with minimal management required.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Gateway, 15 Trafford Road, Salford, M5
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Visit our security centre to find out moreDisclaimer - Property reference SAL250066. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales & Lettings, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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