2-bedroom property · M5 3NW
Listing removedListed 753 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Limited Lending Pool. We are delighted to bring to the market this very well presented two-bedroom apartment situated on the ninth floor of the sought after X1 The Gateway, Salford.
The apartment affords stunning views over Salford Quays and is within one-minute walk of Salford Quays Tram Station.
Property comprises entrance hall, open plan living/dining, fully integrated kitchen, two double bedrooms with master having en-suite shower room, additional shower room, outside balcony with stunning views of Salford Quays.
Service Charges: £2,216 PA Lease Length: 999 Years.
Ground Rent: £350 PA (5 Year RPI) Review Date 01/01/2025 Council Tax Band: B EPC Rated: C Current tenancy runs until 24/08/2025 Current rental income £1250 (PCM)
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 The Gateway, 15 Trafford Rd, Salford, M5
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