Michigan Point Tower D, 18 Michigan Avenue, Salford M50 2HL
Size: 65 sqm
Purchase price
£220,000
Size: 65 sqm
Tenanted
Gross rent | £16,500 |
Service charge | £1,628 |
Net income | £14,872 |
Gross yield | 7.5% |
Net yield | 6.76% |
We are pleased to present this large luxurious 2-bedroom apartment with en-suite, ideally positioned on the 7th floor of the brand new X1 Media City Tower D. Benefiting from a corner position with floor to ceiling windows, a tonne of natural light and views of Media City this stunning apartment features open plan living, fully-fitted high gloss kitchen, two double bedrooms, ensuite to the master, family bathroom and utility cupboard.
This opportunity is presented as a tenanted investment meaning you can generate an impressive return above 6% NET right from completion and this property is sure to make a fantastic addition to any investor’s portfolio. Media City could not be a better choice of location for savvy buy-to-let investors, being home to huge corporations such as the BBC, ITV and hundreds of other businesses there is always a huge demand for high quality accommodation such as X1 Media City.
Media City is one the best locations for young professional renters in the UK right now. Offering a host of shops, popular bars and restaurants within walking distance of this impressive development, as well as the Lowry Theatre and the Imperial War Museum North just minutes away. Residents will also have direct access to Manchester city centre via the Harbour City Metrolink tram stop, which is ideally positioned outside of the development.
It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace. Property prices in Salford have skyrocketed over the last few years and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth, making now the perfect opportunity to invest.
TAKE A LOOK AT THIS SUPERB INVESTMENT! Corner positioned stunning 2-bed, 2-bath luxury apartment complete with furniture pack and yielding above 6% NET, don’t miss out and enquire today.
Interested in this property? Enquire today for more information
Key features
Don't miss out on this excellent investment
Brand new development
Tenanted investment opportunity
Fantastic rental yield
Popular and well placed development
A whole host of amenities on the doorstep
Walking distance to the Metrolink stop
Easy access to Manchester city centre
Furniture pack included
Corner apartment
TAKE A LOOK AT THIS SUPERB INVESTMENT! Corner positioned stunning 2-bed, 2-bath luxury apartment complete with furniture pack and yielding above 6% NET, don’t miss out and enquire today. More info... Less info...
We are pleased to present this large luxurious 2-bedroom apartment with en-suite, ideally positioned on the 7th floor of the brand new X1 Media City Tower D. Benefiting from a corner position with floor to ceiling windows, a tonne of natural light and views of Media City this stunning apartment features open plan living, fully-fitted high gloss kitchen, two double bedrooms, ensuite to the master, family bathroom and utility cupboard.
This opportunity is presented as a tenanted investment meaning you can generate an impressive return above 6% NET right from completion and this property is sure to make a fantastic addition to any investor’s portfolio. Media City could not be a better choice of location for savvy buy-to-let investors, being home to huge corporations such as the BBC, ITV and hundreds of other businesses there is always a huge demand for high quality accommodation such as X1 Media City.
Media City is one the best locations for young professional renters in the UK right now. Offering a host of shops, popular bars and restaurants within walking distance of this impressive development, as well as the Lowry Theatre and the Imperial War Museum North just minutes away. Residents will also have direct access to Manchester city centre via the Harbour City Metrolink tram stop, which is ideally positioned outside of the development.
It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace. Property prices in Salford have skyrocketed over the last few years and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth, making now the perfect opportunity to invest.
*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 | £16,500 |
Service charge | £1,628 |
Net income | £14,872 |
Gross yield | 7.5% |
Net yield | 6.76% |
*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: 5236745.