£240,000

3 bedroom flat for sale

Salford, M5
flat flat
bedrooms 3 bedrooms

Property description

X1 Sales present this 3 bedroom , 2 bathroom 6th floor apartment at The Gateway!


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.
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First listed

2 days ago

Energy Performance Certificate

Salford, M5

Marketed by

X1 Sales and Lettings - Greater Manchester Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
Call agent on 0161 506 3018
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by X1 Sales and Lettings - Greater Manchester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact X1 Sales and Lettings - Greater Manchester for full details and further information.