2 bedroom apartment for sale

X1 Media City, Michigan Avenue, Salford Quays, Media City, M5 2GY

Full description

Size: 62 sqm

TENANTED FOR INSTANT INCOME UNTIL DECEMBER 2018! This two bedroom apartment on the 16th floor is the perfect investment to attract young professionals looking to work and play in MediaCityUK or Manchester. more info...

A stylish two bedroom apartment located on the 16th floor of the brand new X1 Media City Tower 1 development on the doorstep of MediaCityUK – the home of both the BBC and ITV.

This well-sized apartment comes fully furnished and enjoys a modern finish alongside enviable onsite facilities such as a gymnasium, cinema room and private dining area with terrace for residents to enjoy.

X1 Media City Tower 1 boasts one of the best locations for young professional renters in the UK right now. There is a host of shops, 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 fast access to all that Manchester city centre has to offer via the Harbour City Metrolink tram stop which is ideally positioned outside of the development.

Property prices in Salford are up by over 40% in the last five years alone (Zoopla, May 2018), 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 a fantastic time to invest!

X1 Media City is fully block management by X1 Lettings who operate widely in the area, making this an excellent opportunity for either first time buy-to-let investors or experienced portfolio landlords.

This apartment benefits from a rental assurance of £6,597 until November 2018.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

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Key features

Key features Tenanted For Instant Income
Key features Two Bedroom Two Bathroom
Key features 16th Floor Apartment
Key features MediaCityUK location
Key features Stylish and modern finish
Key features Close to Manchester city centre
Key features Residents' gymnasium
Key features Award-winning management in place
Key features Fully Furnished

Financial Performance*

Purchase price £220,000
Gross rent £9,600
Ground rent £250
Service charge £1,422
Lettings fees £922
Net income £7,006
Gross yield 4.36%
Net yield 3.18%

*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.

2 bedroom apartment for sale

X1 Media City, Michigan Avenue, Salford Quays, Media City, M5 2GY, Salford Quays

Purchase price £220,000
Gross rent £9,600
Ground rent £250
Service charge £1,422
Lettings fees £922
Net income £7,006
Gross yield 4.36%
Net yield 3.18%

Full description

TENANTED FOR INSTANT INCOME UNTIL DECEMBER 2018! This two bedroom apartment on the 16th floor is the perfect investment to attract young professionals looking to work and play in MediaCityUK or Manchester. more info...

A stylish two bedroom apartment located on the 16th floor of the brand new X1 Media City Tower 1 development on the doorstep of MediaCityUK – the home of both the BBC and ITV.

This well-sized apartment comes fully furnished and enjoys a modern finish alongside enviable onsite facilities such as a gymnasium, cinema room and private dining area with terrace for residents to enjoy.

X1 Media City Tower 1 boasts one of the best locations for young professional renters in the UK right now. There is a host of shops, 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 fast access to all that Manchester city centre has to offer via the Harbour City Metrolink tram stop which is ideally positioned outside of the development.

Property prices in Salford are up by over 40% in the last five years alone (Zoopla, May 2018), 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 a fantastic time to invest!

X1 Media City is fully block management by X1 Lettings who operate widely in the area, making this an excellent opportunity for either first time buy-to-let investors or experienced portfolio landlords.

This apartment benefits from a rental assurance of £6,597 until November 2018.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Key features

TicksTenanted For Instant Income
TicksTwo Bedroom Two Bathroom
Ticks16th Floor Apartment
TicksMediaCityUK location
TicksStylish and modern finish
TicksClose to Manchester city centre
TicksResidents' gymnasium
TicksAward-winning management in place
TicksFully Furnished

Amenities

Bicycle Storage Bicycle Storage
Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport

*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.