3 bedroom apartment

X1 Media City, Michigan Avenue, Salford, M50 2HD

Size: 84 sqm

Purchase price

£265,000

Size: 84 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Not suitable for owner occupiers

Key features

23rd Floor apartment

Key features

Earn income right from completion

Key features

Yielding above 5% NET

Key features

Tenanted until December 2023

Key features

Twenty third floor three bedroom apartment

Key features

Stunning far reaching city views

Key features

Allocated parking space included

Key features

Popular and well maintained development

Key features

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...

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.

  • Key features
    Tick Desktop Not suitable for owner occupiers
    Tick Desktop 23rd Floor apartment
    Tick Desktop Earn income right from completion
    Tick Desktop Yielding above 5% NET
    Tick Desktop Tenanted until December 2023
    Tick Desktop Twenty third floor three bedroom apartment
    Tick Desktop Stunning far reaching city views
    Tick Desktop Allocated parking space included
    Tick Desktop Popular and well maintained development
    Tick Desktop Ideally located
  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
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.