2-bedroom flat · M5 3NU
For saleListed 1650 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom. 2 Bathroom apartment with Balcony for sale in X1 Gateway.
About this development A brand new development for 2021, X1 The Gateway has a range of luxury, fully furnished 1, 2 and 3 bedroom apartments with incredible views of Salford Quays.
The property is a short walk away from a wide choice of restaurants, bars and shops in the ever popular Media City whilst Salford Quays Metrolink stop is just across the road - perfect for commuters!
The Lowry Theatre, Lowry Outlet Mall and Helly Hansen Water sports centre are highlights of this property’s location.
Overview of finances: Service Charge (2025): £2,621.61 Ground Rent £470.14 per year. 5 year RPI.
Review date 01.01.2030 Rental Achieved - £1,200 per month (tenanted until June 2025) Letting Fee's 9% plus VAT for fully managed service Summary Council Tax Band B Tenant in place - investor can receive immediate income Onsite gym open 24/7 Overnight security Washer/dryer Walking distance to Media City Opposite Salford Quays Metrolink stop Close to local shops, bars and restaurants Images are for illustrative purposes only and MAY show a similar unit within the development.
The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 15 Trafford Road, Salford, M5
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