1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (993 years remaining)
- Student Investment Property
- Tenant in Situ - Receive Immediate Income!
- Located in Popular Baltic Triangle
- 5 Minute Walk from The Albert Dock
- High Rental Demand
- Property Management Agency in Place
- Onsite Gym
- Onsite Cinema Room
X1 Lettings are pleased to bring this 1st floor, furnished INVESTMENT PROPERTY to the market - with a long tenancy in place - investors can look to receive IMMEDIATE INCOME.
The studio apartment at X1 The Studios is located in the heart of the Baltic Triangle - an area of high rental demand and only a 5 minute walk from The Albert Dock.
Overview:
Rental income - £142 per week achieved
Ground Rent - £250 double every 10 years for 30 years from review date 31.12.2023
Council Tax Band A
EPC Rating B
Service Charge - £ 1636.35 X2 per year - £3272.70 per year
Management Fee - 8%+VAT
This development is extremely popular with students and working professionals alike and receives high levels of rental interest thanks to its enviable waterfront location and host of onsite amenities for residents including an onsite gym and cinema room.
X1 The Studios enjoys excellent travel links with easy access to the city centre ,wider Liverpool and motorway access only a 15 minute drive away.
With Universities now set to resume on-campus learning and students due to be returning to the City, viewings of this property are highly encouraged!
Places of interest
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
See more properties like this:
*DISCLAIMER
Property reference SAL210009. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales and Lettings - Greater Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on November 3, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on November 3, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.