2 bedroom apartment for sale

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

Full description

Size: 62 sqm

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.

Less info

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

EPC

Financial Performance*

Purchase price £240,000
Gross rent £10,500
Ground rent £250
Service charge £1,423
Lettings fees £945
Net income £7,882
Gross yield 4.38%
Net yield 3.28%

*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, 9 Michigan Avenue, Salford, M50 2HA, Salford

Purchase price £240,000
Gross rent £10,500
Ground rent £250
Service charge £1,423
Lettings fees £945
Net income £7,882
Gross yield 4.38%
Net yield 3.28%

Full description

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

TicksTenanted for immediate income
TicksHighly sought after development
TicksFully furnished
TicksPrivate residents gym onsite
TicksResidents' terrace
TicksLocal to all amenities
TicksGreat transport routes
TicksHighly desirable area

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.