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1 bed flat
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Our Summary
- Tenants benefit from excellent transport links, local shops, bars, restaurants, and just a short walk to MediaCityUK, offering an unbeatable combination of convenience, lifestyle, and investment potential
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Description
This modern 1-bedroom apartment at X1 The Exchange in Salford is an attractive investment opportunity, offering a net yield of approximately 6% from completion. The apartment features a bright and spacious open-plan living and dining area, a sleek kitchen, a contemporary bathroom, and a generous double bedroom. Located in the heart of MediaCityUK and Manchester city centre, the apartment offers easy access to premium amenities, including a gym and stunning city views.
With Salford and Manchester being sought-after buy-to-let locations, the area is undergoing major regeneration, making it an excellent investment opportunity. The apartment is currently tenanted, generating a gross rent of £11,700 and a net income of £8,364, providing a gross yield of 9.36% and a net yield of 6.69%.