About this property
£102,950 – Buy-to-Let Investment Opportunity | 10.5% Gross Yield
A fantastic turnkey investment opportunity offering a gross rental yield of approximately 10.5%, with a tenant in situ providing immediate income.
Investment Summary:
Asking price: £102,950
Current rent: £900 pcm (£10,800 per annum)
Gross yield: Approx. 10.5%
Lettings management fee: 8% + VAT
Service charge: £2,120.13 per annum
Tenancy: Tenant in situ
Lease term: Long lease
Ground rent: None
Located in the heart of Salford, X1 Cheltenham Place offers modern studio apartments ideal for both students and young professionals.
Residents benefit from a range of on-site amenities including a fully equipped gym, secure bike storage and repair facilities, and 24/7 laundry access. The development also provides reception staff and overnight security for added peace of mind.
Further benefits include the X1 Loyalty eCard, offering exclusive discounts at local shops and restaurants, along with free high-speed Wi-Fi throughout the development.
Perfectly positioned within Salford’s vibrant cultural and media district, the property offers excellent access to MediaCityUK, home to the BBC and ITV, as well as The Lowry, Salford Quays, and a wide range of bars, restaurants, and leisure facilities.
For more information or to arrange a viewing, please contact us today.
Please note: Photos and layout may vary from the advertised unit.
X1 Lettings is a member of The Property Ombudsman Redress Scheme and relevant Client Money Protection Schemes.
