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1 bed flat
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Our Summary
- Eleventh Floor | One-Bedroom Apartment | Exciting Investment Opportunity | Pomona Strand | Tenant in situ | 6
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Description
This is a one-bedroom apartment located on the 11th floor of the X1 Manchester Waters development in Salford, with a net yield of 6.74%. The property is part of a brand-new development with stunning views of the surrounding area, and is situated just a minute's walk from the Pomona tram stop, providing excellent links to the city. The apartment is fully furnished to a high specification and comes with all white goods.
The leasehold property has a lease term of 240 years, with a ground rent of £469.83 per year and a service charge of £1,475.35 per annum. The current rent achieved is £1,000 per calendar month, making it an attractive investment opportunity for those looking to capitalize on the area's growth potential.