2 bedroom apartment

X1 Media City, 9 Michigan Avenue, Salford, M50 2HA

Size: 62 sqm

Purchase price

£235,000

Size: 62 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £250
Service charge £1,423
Lettings fees £945
Net income £7,882
Gross yield 4.47%
Net yield 3.35%

Outstanding 2 bed, 2 bath apartment in the sought after X1 Media City Tower with breathtaking views.


We are pleased to present this outstanding two bedroom, two bathroom apartment situated in the recently completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays.

This 2 bed 2 bath apartment comes fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of amazing views of the city. The development of the X1 Media City Tower has fantastic on site facilities including a gymnasium and cinema room for residents use as well as the added benefit of being situated in the buy to let hub of Salford.

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.

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. Over 60,000 people now work in the creative and digital industries in Greater Manchester, according to Amion, which forecasts that number will grow 27% by 2034.

The demand for accommodation in the area is continuing to grow, this also 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), No surprise as to why this is such a popular choice for investment!

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

Highly sought after development

Key features

Fully furnished

Key features

Private residents gym onsite

Key features

Residents' terrace

Key features

Local to all amenities

Key features

Great transport routes

Key features

Highly desirable area

Outstanding 2 bed, 2 bath apartment in the sought after X1 Media City Tower with breathtaking views. More info...

We are pleased to present this outstanding two bedroom, two bathroom apartment situated in the recently completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays.

This 2 bed 2 bath apartment comes fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of amazing views of the city. The development of the X1 Media City Tower has fantastic on site facilities including a gymnasium and cinema room for residents use as well as the added benefit of being situated in the buy to let hub of Salford.

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.

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. Over 60,000 people now work in the creative and digital industries in Greater Manchester, according to Amion, which forecasts that number will grow 27% by 2034.

The demand for accommodation in the area is continuing to grow, this also 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), No surprise as to why this is such a popular choice for investment!

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 Highly sought after development
    Tick Desktop Fully furnished
    Tick Desktop Private residents gym onsite
    Tick Desktop Residents' terrace
    Tick Desktop Local to all amenities
    Tick Desktop Great transport routes
    Tick Desktop Highly desirable area
  • 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 £10,500
Ground rent £250
Service charge £1,423
Lettings fees £945
Net income £7,882
Gross yield 4.47%
Net yield 3.35%

*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.