2 bedroom apartment for sale

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

Full description

Size: 64 sqm

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.

Less info

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

EPC

Financial Performance*

Purchase price £230,000
Gross rent £11,400
Ground rent £250
Service charge £918
Lettings fees £1,094
Net income £9,138
Gross yield 4.96%
Net yield 3.97%

*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 Tower 1, Michigan Avenue, Salford, M50 2HA, Salford

Purchase price £230,000
Gross rent £11,400
Ground rent £250
Service charge £918
Lettings fees £1,094
Net income £9,138
Gross yield 4.96%
Net yield 3.97%

Full description

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

TicksTenanted to August 2019 for immediate income
TicksManaged by award winning agents - X1 Lettings
TicksOffered fully furnished
TicksStunning sought after development
TicksAllocated parking
TicksOnsite private residents gym
TicksOnsite cinema room
TicksSouth facing with stunning views of the river

Amenities

Bus Bus
City Centre City Centre
Close To Public Transport Close To Public Transport
Double Glazing Double Glazing

EPC

*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.