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2 bedroom flat for sale

X1 Saltra, Brindley House, 1 Elmira Way, Salford, M5 3DA

Sold STC £160,000

Property Description

Key features

  • Tenanted to April 2019!
  • Offered with allocated parking space
  • Fully furnished to a high spec
  • Highly sought after area
  • Contemporary and spacious layout
  • Secure entry system
  • Great transport links
  • Local to all amenities
  • Contemporary and spacious layout

Full description

We are pleased to present this stunning contemporary 2-bed, 2 bathroom apartment situated on the 1st floor of Brindley House part of the X1 Saltra development.

This spacious apartment comprises a modern fully integrated kitchen, a contemporary 3-piece family bathroom as well as an en suite leading from the master bedroom. All rooms have ample space, large double-glazed windows and are furnished to the highest specification.

In addition, the property is perfectly situated local to all amenities, located on the doorstep of Salford Quays and within easy reach of Manchester city centre via road or the local Metrolink tram service. The area is perfect for investors thanks to a swelling population and a booming economy. People from around the country are moving to the area and are in need for high-quality rental accommodation such as this development.

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, November 2018).

The pace of growth in the area is not predicted to slow, making X1 Saltra a superb investment opportunity. Apartments like this do not become available often – make sure to enquire today to avoid missing out!

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £9,600
Ground rent: £275
Service charge: £1,284
Lettings fees: £921
Net income: £7,120
Gross yield: 6.19%
Net yield: 4.59%

IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-12958

Listing History

Added on Rightmove:
12 November 2018

Map & Street View

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