2 bedroom apartment

Michigan Point Tower D, 18 Michigan Avenue, Salford M50 2HL

Size: 65 sqm

Purchase price

£220,000

Size: 65 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Don't miss out on this excellent investment

Key features

Brand new development

Key features

Tenanted investment opportunity

Key features

Fantastic rental yield

Key features

Popular and well placed development

Key features

A whole host of amenities on the doorstep

Key features

Walking distance to the Metrolink stop

Key features

Easy access to Manchester city centre

Key features

Furniture pack included

Key features

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...

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.

  • Key features
    Tick Desktop Don't miss out on this excellent investment
    Tick Desktop Brand new development
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Fantastic rental yield
    Tick Desktop Popular and well placed development
    Tick Desktop A whole host of amenities on the doorstep
    Tick Desktop Walking distance to the Metrolink stop
    Tick Desktop Easy access to Manchester city centre
    Tick Desktop Furniture pack included
    Tick Desktop Corner apartment
  • 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 £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.