Following the fast selling out of Phase 2, X1 Salford Quays Phase 3 is now offering a 6% NET rental yield has been launched in response to high demand from investors! As seen by the popularity of Phases 1 and 2, investors are increasingly purchasing rental property in Salford Quays area due to its new-found popularity amongst young professionals.
Comprising a mix of one and two bed apartments over five floors, these properties will mirror the success of the previous two phases launched in the area and sell out very fast.
Phase 1 was an indisputable success - currently fully tenanted and completed, while Phase 2 proved extremely popular due to the success of the earlier phase, with investors snapping up all the apartments in the space of just one short month!
A high number of clients have already registered their interest on hearing about the launch of the third phase and we expect demand to be very high for these new units.
These rising house prices reflect the increasing number of people moving to the area. These people are swarming to the Quays because of its unique location, which sees it lie within minutes of a number of businesses within Salford Quays and Manchester City Centre, which lies just a five minute drive away.
Investors are extremely keen in rental properties based in and around Manchester due to the high rental yields available in the city, which saw it named as HSBC’s second buy-to-let hotspot in 2014.
All apartments are supplied furnished, at an additional cost.
Experienced at managing both residential buy-to-let and student accommodation properties, residents can be assured of a professional service throughout their tenancy.
Located in an area of huge regeneration, Salford Quays is one of the most vibrant places in Manchester to work, live or play.
Less than 15 minutes to Manchester City Centre by either car or public transport, the properties are less than a five minute walk from both the Salford Quays and Exchange Quay tram stops and has ample parking space for commuters.