Media City Tower A, Michigan Avenue, Salford, M50 2HA
Size: sqm
Purchase price
£190,000
Size: sqm
Tenanted
Gross rent | £12,900 |
Ground rent | £250 |
Service charge | £2,350 |
Net income | £10,300 |
Gross yield | 6.79% |
Net yield | 5.42% |
Yieldit are pleased to present this stunning two bedroom apartment with furniture pack. Consisting of fully fitted kitchen, master bedroom including ensuite and further double bedroom with one main bathroom, the apartment has been development to a modern high specification finish throughout situated in the X1 Media City Tower A.
The development is in high demand and features fantastic communal facilities for residents of the building - these include a secure entry system with intercom access, a state-of-the-art private onsite residents gym, as well as a communal cinema room. Perfectly located in the heart of MediaCityUK, this development has a number of bars, restaurants and shops on its doorstep, as well a tram stop that has direct links to Manchester city centre.
MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 20% in the last 5 years alone. (Zoopla, April 2021) making it one of the most popular buy-to-let hotspots in the UK!
With average house prices at GBP 247,726 and an expected increase of 6% in 2022, Manchester, expected average house price is GBP 262,589 for 2022 according to Property Notify.
Manchester is set to see the highest rate of economic growth of all the major UK cities over the next five years with GVA growth of 16.4% according to Oxford Economics, so make sure you invest today to avoid missing out!
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! A stunning 7th floor, fully furnished two bedroom apartment in the heart of MediaCityUK, Salford Quays
Interested in this property? Enquire today for more information
Key features
Tenanted buy-to-let property investment
Luxury 7th Floor Apartment
On Site Gym
Over 5% NET Yield
Close to Manchester City centre
Excellent Transport Links
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! A stunning 7th floor, fully furnished two bedroom apartment in the heart of MediaCityUK, Salford Quays More info... Less info...
Yieldit are pleased to present this stunning two bedroom apartment with furniture pack. Consisting of fully fitted kitchen, master bedroom including ensuite and further double bedroom with one main bathroom, the apartment has been development to a modern high specification finish throughout situated in the X1 Media City Tower A.
The development is in high demand and features fantastic communal facilities for residents of the building - these include a secure entry system with intercom access, a state-of-the-art private onsite residents gym, as well as a communal cinema room. Perfectly located in the heart of MediaCityUK, this development has a number of bars, restaurants and shops on its doorstep, as well a tram stop that has direct links to Manchester city centre.
MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 20% in the last 5 years alone. (Zoopla, April 2021) making it one of the most popular buy-to-let hotspots in the UK!
With average house prices at GBP 247,726 and an expected increase of 6% in 2022, Manchester, expected average house price is GBP 262,589 for 2022 according to Property Notify.
Manchester is set to see the highest rate of economic growth of all the major UK cities over the next five years with GVA growth of 16.4% according to Oxford Economics, so make sure you invest today to avoid missing out!
*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 | £12,900 |
Ground rent | £250 |
Service charge | £2,350 |
Net income | £10,300 |
Gross yield | 6.79% |
Net yield | 5.42% |
*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.
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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.