2 bedroom apartment

X1 Media City Tower 1, Michigan Avenue, Salford, M50 2HA

Size: 64 sqm

Purchase price

£230,000

Size: 64 sqm

SQM
Finance breakdown
Financial performance*
Gross rent £11,400
Ground rent £250
Service charge £1,422
Lettings fees £1,094
Net income £8,634
Gross yield 4.96%
Net yield 3.75%

A fantastic south facing 2-bedroom, 2–bath apartment in the newly completed X1 Media City Tower 1 development in the heart of Salford Quays with river views and parking.


We are pleased to present this superb two bedroom apartment ideally positioned on the 2nd floor of the newly completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays.

This stunning apartment is offered fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of stunning views of the quays.

The X1 Media City Tower has it all, with fantastic on site facilities including a gymnasium and cinema room for residents to enjoy. It is no surprise that many people are moving to this stunning waterfront locale to be a part of it, making it one of the most popular buy-to-let hotspots in the UK.

MediaCityUK is extremely sought after for both investors and residents, with corporations such as the BBC, BUPA and the University of Salford located on the doorstep, this is truly an area where innovative technologies and digital creativity have found a home. This is demonstrated by the fact that between January and March 2015, 1,393 new companies launched in Salford, an 85% increase on the previous year! This reflects in the increase of house prices in the area which have seen a rise in excess of £58,000 in the last 5 years alone (Zoopla – September 2018)

With plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the local area, as well as the added benefit of being managed by X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, meaning you know your investment is in safe hands. This makes for a fantastic buy-to-let opportunity for either a new or experienced investor.

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

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted to August 2019 for immediate income

Key features

Managed by award winning agents - X1 Lettings

Key features

Offered fully furnished

Key features

Stunning sought after development

Key features

Allocated parking

Key features

Onsite private residents gym

Key features

Onsite cinema room

Key features

South facing with stunning views of the river

A fantastic south facing 2-bedroom, 2–bath apartment in the newly completed X1 Media City Tower 1 development in the heart of Salford Quays with river views and parking. More info...

We are pleased to present this superb two bedroom apartment ideally positioned on the 2nd floor of the newly completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays.

This stunning apartment is offered fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of stunning views of the quays.

The X1 Media City Tower has it all, with fantastic on site facilities including a gymnasium and cinema room for residents to enjoy. It is no surprise that many people are moving to this stunning waterfront locale to be a part of it, making it one of the most popular buy-to-let hotspots in the UK.

MediaCityUK is extremely sought after for both investors and residents, with corporations such as the BBC, BUPA and the University of Salford located on the doorstep, this is truly an area where innovative technologies and digital creativity have found a home. This is demonstrated by the fact that between January and March 2015, 1,393 new companies launched in Salford, an 85% increase on the previous year! This reflects in the increase of house prices in the area which have seen a rise in excess of £58,000 in the last 5 years alone (Zoopla – September 2018)

With plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the local area, as well as the added benefit of being managed by X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, meaning you know your investment is in safe hands. This makes for a fantastic buy-to-let opportunity for either a new or experienced investor.

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

  • Key features
    Tick Desktop Tenanted to August 2019 for immediate income
    Tick Desktop Managed by award winning agents - X1 Lettings
    Tick Desktop Offered fully furnished
    Tick Desktop Stunning sought after development
    Tick Desktop Allocated parking
    Tick Desktop Onsite private residents gym
    Tick Desktop Onsite cinema room
    Tick Desktop South facing with stunning views of the river
  • 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 £11,400
Ground rent £250
Service charge £1,422
Lettings fees £1,094
Net income £8,634
Gross yield 4.96%
Net yield 3.75%

*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.