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The Gateway, 15 Trafford Road, Salford, M5

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 11th Floor Two Bedroom Apartment
  • Private Balcony with Elevated City Views
  • Modern Development Built in 2021
  • Fully Furnished Throughout
  • Rent Achieved: £1,275 PCM
  • Approx. 8.7% Gross Yield
  • Spacious Open-Plan Living Area
  • Integrated Kitchen with White Goods
  • Strong Rental Demand Location
  • Cash Buyers Only

Description

X1 Sales Presents Apartment 1111 The Gateway.

STUNNING 11TH FLOOR APARTMENT WITH BALCONY | SPACIOUS TWO BEDROOM HOME | STRONG INVESTMENT OPPORTUNITY

X1 Sales & Lettings are delighted to present this beautifully appointed two-bedroom apartment located on the 11th floor of the highly sought-after Gateway development in Manchester.

Boasting impressive elevated city views alongside a private balcony, this modern apartment offers spacious contemporary living within one of Manchester’s most desirable residential developments. Finished to a high specification throughout, the property is ideal for investors seeking a strong-performing, turnkey buy-to-let opportunity in a prime city location.

Developed in 2021, The Gateway provides sophisticated urban living with premium finishes, excellent transport links, and close proximity to Manchester City Centre, MediaCityUK, and major employment hubs.

Property Features:

Two Bedroom Apartment
11th Floor Position
Private Balcony with Elevated City Views
Bright & Spacious Open-Plan Living Area
Fully Furnished to a High Standard
Modern Integrated Kitchen with White Goods
Separate Utility Cupboard with Washer Dryer
Contemporary Bathroom Suite
Excellent Tenant Demand
Ideal Turnkey Buy-to-Let Investment

Investment Information:

Rental Income Achieved: £1,275 PCM
Service Charge: £2,756.93 per annum
Ground Rent: £470.14 per annum
Lettings Management Fee: 9% + VAT

Please note: Cash buyers only due to ground rent terms.

Yield Information:
At an asking price of £175,000:

Gross Yield:
approx 8.74%

Estimated Net Yield (after service charge, ground rent and management fees):
5.83%

The development is ideally positioned for professionals and tenants seeking modern city living, with easy access to transport links, universities, restaurants, shops, and Manchester’s thriving business districts.

Contact X1 Sales & Lettings today to arrange a viewing or request further information.

Please note: Photographs and layouts may vary from the advertisement and may show a similar unit within the development.

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: B
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

Approximate location

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Affordability

Monthly repayments£853
Property: £ 170,000
Deposit: £ 17,000
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About X1 Sales & Lettings, Salford

9 Michigan Avenue, Salford, M50 2HA

Welcome to X1!

Whether you're looking to purchase your first buy-to-let property, build on your existing portfolio, buying for capital appreciation, or simply find your next home, X1 have properties for sale to suit a wide range of needs.

We are proud of the properties that we bring to market and our teams' in-depth knowledge of the local areas helps us to share a breadth of information to help you whatever your investment strategy may be.

Buying a property doesn't need to be a stressful experience and we are confident that when you buy with X1, it won't be.

Buying with X1 means you will enjoy a relationship with one point of contact and your sales negotiator will help every step of the way; from initial viewing, submitting an offer and will remain with you as you continue through progression and to the point of completion.

Take a look at some of our latest properties and don't hesitate to get in touch for further information - we are looking forward to working with you every step of the way!

Our offices are open

Monday - Friday 09:30 to 5pm.

We are not open evenings or weekends.

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Disclaimer - Property reference SAL260047. 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.

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