X1 Media City, Michigan Avenue, Salford, M50 2HD
Size: 84 sqm
Purchase price
£265,000
Size: 84 sqm
Tenanted
Gross rent | £17,700 |
Ground rent | £250 |
Service charge | £3,060 |
Net income | £14,390 |
Gross yield | 6.68% |
Net yield | 5.43% |
This spectacular apartment will make an excellent addition to an investor’s portfolio, tenanted until December 2023 generating a brilliant 5% NET yield. Situated on the 24th floor of the popular X1 Media City development it boasts unrivalled picturesque city views from every floor to ceiling window. There are three spacious bedrooms, the master with fitted wardrobes and ensuite, a bright and airy open plan living area, high gloss kitchen, a luxury bathroom and two handy storage cupboards.
The local area could not be a better environment for buy-to-let investors. The ongoing rise of MediaCityUK’s home to the BBC and ITV amongst others has created a unique and vibrant locale in Salford Quays which is perfect for the sort of young professional renters so desired by landlords.
Tenants will be only a short walk from all the local shops, bars and restaurants, and are also approximately 15 minutes away from Manchester city centre via the convenient local Metrolink tram service. It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace.
Currently tenanted, investors can enjoy an immediate income on this well-priced apartment. Enquire today for further details.
EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! This spacious three-bedroom, two-bathroom apartment with city views is situated in an ideal location and comes with its own allocated parking space.
Interested in this property? Enquire today for more information
Key features
Not suitable for owner occupiers
23rd Floor apartment
Earn income right from completion
Yielding above 5% NET
Tenanted until December 2023
Twenty third floor three bedroom apartment
Stunning far reaching city views
Allocated parking space included
Popular and well maintained development
Ideally located
EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! This spacious three-bedroom, two-bathroom apartment with city views is situated in an ideal location and comes with its own allocated parking space. More info... Less info...
This spectacular apartment will make an excellent addition to an investor’s portfolio, tenanted until December 2023 generating a brilliant 5% NET yield. Situated on the 24th floor of the popular X1 Media City development it boasts unrivalled picturesque city views from every floor to ceiling window. There are three spacious bedrooms, the master with fitted wardrobes and ensuite, a bright and airy open plan living area, high gloss kitchen, a luxury bathroom and two handy storage cupboards.
The local area could not be a better environment for buy-to-let investors. The ongoing rise of MediaCityUK’s home to the BBC and ITV amongst others has created a unique and vibrant locale in Salford Quays which is perfect for the sort of young professional renters so desired by landlords.
Tenants will be only a short walk from all the local shops, bars and restaurants, and are also approximately 15 minutes away from Manchester city centre via the convenient local Metrolink tram service. It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace.
Currently tenanted, investors can enjoy an immediate income on this well-priced apartment. Enquire today for further details.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £17,700 |
Ground rent | £250 |
Service charge | £3,060 |
Net income | £14,390 |
Gross yield | 6.68% |
Net yield | 5.43% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Not to worry though, the Professor has picked out some similar properties that you might be interested in
X1 Media City, Michigan Avenue, Salford, M50 2HA
Annual rent | £13,000 |
Net yield | 6.05% |
Richmond Court, 50 North George St, Salford, M3 6DW
Annual rent | £10,495 |
Net yield | 7.24% |
Still not found what you've been looking for? Click here to view our available properties.
© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 11547318.
© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.