Studio apartment

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

Size: 27 sqm

Purchase price

£130,000

Size: 27 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,100
Ground rent £250
Service charge £643
Lettings fees £778
Net income £6,430
Gross yield 6.23%
Net yield 4.95%

A stunning spacious fully self contained luxury studio apartment situated on the 24th floor of the newly completed X1 Media City Tower 1 development in the heart of Salford Quays.


We are pleased to present this large luxurious self contained studio apartment ideally positioned on the 24th floor of the newly completed X1 Media City Tower 1 development on the doorstep of MediaCityUK – the home of both the BBC and ITV.

This spacious 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. Offering 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 - September 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!

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 for immediate income

Key features

Situated on the 24th floor with stunning views

Key features

Modern & stylish design

Key features

Fully furnished

Key features

Managed by award winning agent - X1 Lettings

Key features

Private resident gym onsite

Key features

Dining area with terrace

A stunning spacious fully self contained luxury studio apartment situated on the 24th floor of the newly completed X1 Media City Tower 1 development in the heart of Salford Quays. More info...

We are pleased to present this large luxurious self contained studio apartment ideally positioned on the 24th floor of the newly completed X1 Media City Tower 1 development on the doorstep of MediaCityUK – the home of both the BBC and ITV.

This spacious 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. Offering 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 - September 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!

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

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop Situated on the 24th floor with stunning views
    Tick Desktop Modern & stylish design
    Tick Desktop Fully furnished
    Tick Desktop Managed by award winning agent - X1 Lettings
    Tick Desktop Private resident gym onsite
    Tick Desktop Dining area with terrace
  • 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 £8,100
Ground rent £250
Service charge £643
Lettings fees £778
Net income £6,430
Gross yield 6.23%
Net yield 4.95%

*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.