About this property
X1 Sales presents this TENTH floor two-bedroom, two-bathroom apartment for sale in X1 The Exchange. This property is tenanted and achieves £1,275.00 per month £15,300 per anum Gross Rent! – making this an ideal purchase for investors.
Gross Yield: ~9.3%
Net Yield (after management, service charge & ground rent): ~6.5%
About this development
X1 The Exchange has a range of fully furnished, spacious apartments in the heart of Salford Quays.
The property is a short walk away from a wide choice of restaurants, bars and shops in the ever popular Media City. The Lowry Theatre, Lowry Outlet and Helly Hansen Watersports centre are highlights of this property’s location.
An on site gym is available 24/7 using a tenant access card.
An overnight security guard is stationed on site every evening until early morning.
Overview:
Rental income received – £1275.00 per month / £15,300 per anum
:ettings management fee is 9% plus vat
2025 Service Charge – £ 2,706.50
Ground Rent – £250p/a (5 Year RPI) review date 19.03.2025
Tenure – Leasehold (130 years, 5 months remaining)
COUNCIL TAX BAND C
EPC Rating C
Pictures displayed are sample photos of another property within this development. Please contact us to view the exact!
Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
