Overview Investment Options X1 The Gateway Site Map Buy-to-Let in the North West City Map Greater Manchester - Raillink Q&A
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Welcome to the latest addition to Salford’s prospering buy-to-let market: X1 The Gateway. With a sleek, modern design, a luxurious finish and set in a desirable location; this new residential development raises the bar when it comes to providing future tenants with a firstclass cosmopolitan living experience. Whilst X1 The Gateway is a dream for residents, it presents itself as a remarkable investment opportunity for investors too, as they can expect annual returns as high as 6% NET. As property prices continue to soar, investors are set to see their investment appreciate over time thanks to the supply/demand imbalance currently dominating the market across the UK.
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A total of 191 stunning apartments on offer
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Large 1, 2 and 3 beds available from £115,000
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Located between Manchester City Centre and Salford Quays
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Waterfront views
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Situated in a prime residential area
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Expected NET returns of 6%
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Short walk to transport links, including Salford Quays tram stop
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Within easy walking distance of MediaCityUK
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Let and managed by X1 Lettings
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Built by experienced and award-winning developer X1
Any financial information provided in this document is intended as a guide and does not constitute a contract.
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Studio apartments from: £100,000
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1 Bedroom apartments from: £115,000
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2 Bedroom apartments from: £140,000
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3 Bedroom apartments from: £190,000
Situated in the heart of the Quays, this prime residential development brings a mixture of 191 stunning 1, 2 and 3 bedroom apartments to market. All residential units are finished to the highest of standards, creating an almost hotel-like living experience for its tenants. Residents of X1 The Gateway can enjoy the stylish design of the development as well as picturesque waterfront views. Additionally, X1 The Gateway provides private landscaped gardens on the first floor for the residents to relax in, along with secure bicycle storage and car parking.
The images provided in this document are intended as a guide and could be subject to change
The location of X1 The Gateway is absolutely ideal. It neighbours directly with Salford Quays and all its attractions; such as MediaCityUK, the Imperial War Museum, the Lowry Outlet and the Lowry Theatre, in addition to the area’s many bars and restaurants. Within close proximity one can also find the home of Manchester United, the city’s famous Football Club and numerous tram and bus stops to connect residents directly to Manchester’s thriving city centre.
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Footpath
Elmira Way
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Example plan of the 7th floor layout 1
X1 The Gateway has a host of on-site amenities, including a private gym, stunning outdoor communal areas and parking available.
Footpath
35 metres
Grocery Shop
35 metres
Cash Machine
50 metres
Bus Station
160 metres
Tram Link
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Studio Apartments x 1
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1 Bed Apartments x 86
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2 Bed Apartments x 85
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3 Bed Apartments x 19
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Archie Street
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* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
Footpath
This development comprises 191 apartments, divided as follows:
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Trafford Road
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En-suite Bathroom
Living Room
Kitchen
Bathroom
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Entrance
Balcony
Storage
Master Bedroom Kitchen/Dining
Kitchen/Dining
Storage
Balcony
Bedroom
Entrance
Bedroom
Bedroom
En-suite Bathroom Living Room
Living Room
Bathroom Master Bedroom
Bathroom Balcony Bedroom
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* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
Entrance
* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
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Manchester is a top UK retail destination—the city was recently ranked the most popular shopping destination outside London, with shops in Manchester City Centre amassing a huge £910m in retail revenue in 2014 alone.
HOUSE PRICES IN THE NORTH WEST ARE PREDICTED TO GROW 6% IN 2016 RICS 2015
Experts have estimated that the UK buy-to-let market is now worth a staggering £1 trillion, an all-time high for the sector. Whilst overall the sector is going from strength to strength, a few trends are becoming more and more prominent: According to the English Housing Survey, the property market in London is declining, as major regional cities in the North West such as Greater Manchester are seeing a sharp increase in activity levels. Tenants and investors alike are increasingly seeing the uncapped potential in the Greater Manchester region, with the city of Salford regarded as one of the region’s standout successes. LSL reported that gross rental yields across the country stood at an average of 5.1% in April 2015, but over the same period investors into the North West received returns as high as 7.1%, which is 2% above the UK average. With an increasing number of people, in particular young professionals, flocking away from the
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extremely high property and rental prices in London, the North West of the country is seeing an increase in businesses relocating, an ever-growing population size and a property market that is more buoyant than ever before. Savvy investors are aware that market conditions in this part of the country are incredibly favourable, especially in the wake of increasing investment into regeneration projects such as the £1bn Manchester Devolution Deal and the HS2 High Speed Rail Network, making the North West an excellent location for buy-to-let investments.
Manchester is also famous for its sporting prowess—home to two of the largest football clubs in the world, it is unsurprising that ESPN named Manchester the UK’s ‘Greatest Sporting City’ in 2015.
The popularity of the North West skyrocketed with the creation of MediaCityUK, a multi-million-pound media hub in Salford Quays that is now home to broadcasters BBC and ITV, the University of Salford and a piazza larger than London’s Trafalgar Square.
NORTH WEST YIELDS 7.1% IN APRIL 2015, THE HIGHEST IN THE COUNTRY LSL 2015
One of the jewels in Manchester’s crown is the Metrolink system, the largest light rail transport system in the UK. Metrolink has 93 stops across 7 lines travelling the length and breadth of Greater Manchester, with a total of 31.2m passengers using the system last year.
SALFORD IS A ‘KEY GROWTH AREA’ MEN, 2015
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THE CITY OF SALFORD
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The Lowry Theatre
Old Trafford
Beetham Tower
Acclaimed theatre in Salford Quays
Home of Manchester United football club
Iconic landmark on the Manchester Skyline
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MediaCityUK Europe’s first bespoke media hub
Spinningfields
The Arndale Centre
Manchester Central
University of Manchester
Manchester Piccadilly
Manchester’s burgeoning financial district
Manchester’s premier retail complex
11,000 capacity exhibition centre
The second largest university in the UK
Manchester’s largest train station
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3.7 miles
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The images provided in this document are intended as a guide and could be subject to change
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MediaCityUK
Harbour City 2 min
2 min
Manchester Piccadilly 2 min
3 min
2 min
1 min
St Peter’s Square
Deansgate
Anchorage
Salford Quays Cornbrook
2hr 8mins
160 metres
2 min
2 min
MediaCityUK
The Lowry Theatre
Old Trafford Football Ground
Beetham Tower
Manchester Central
Manchester Piccadilly
Situated on the picturesque Salford Quays waterfront, MediaCityUK is home to the BBC and ITV studios, as well as over 200 businesses and a stunning outdoor piazza.
Perfectly complementing the Salford Quays area, The Lowry Theatre is an iconic tourist destination, named Greater Manchester’s most visited tourist attraction in 2010 and 2011.
Manchester United’s football stadium attracts millions of visitors every year, keen to experience the atmosphere in the home of one of the world’s most famous football clubs.
Beetham Tower epitomises luxury both inside and out—the glass-fronted exterior hosts a luxury Hilton hotel and Cloud 23, a bar that offers unparalleled city views from the 23rd floor.
Manchester Central has been a recognisable landmark to the city for many years, providing Manchester with over 23,000 square meters of flexible space for events and exhibitions.
With over 23 million passengers passing through the station every year, Manchester’s Piccadilly train station is the fourth busiest station in the United Kingdom outside London.
2 min Exchange Quay
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Pomona
London Euston
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Am I buying freehold or leasehold? 999 years leasehold What is the address of the site? 211 Trafford Road, Salford M5 3AW Are there tenants already in place? No, X1 The Gateway is a new-build development Is there a management company in place? Yes, the designated management company for X1 The Gateway will be X1 Lettings, who will block manage the building on your behalf What are the projected annual returns for X1 The Gateway? Estimated returns are approximately 6% NET from the completion of your apartment Are there any restrictions if I want to sell? No, X1 The Gateway is a residential development, and you are free to sell your apartment on the open market any time after completion How much is the ground rent? The ground rent for this development is ÂŁ350 per annum
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Any financial information provided in this document is intended as a guide and does not constitute a contract.
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