3 bedroom apartment

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

Size: 84 sqm

Purchase price

£260,000

Size: 84 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £14,700
Ground rent £250
Service charge £1,840
Lettings fees £1,411
Net income £11,199
Gross yield 5.65%
Net yield 4.31%

Attention investors! High demand development, tenanted for immediate income! 3 bedroom, 2 bath 9th floor luxury apartment in X1 Media City Tower 1, Salford Quays.


We are pleased to present this large luxurious 3 bedroom apartment ideally positioned on the 9th 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 stunning apartment comprises of a modern fully integrated kitchen with open plan living/dining area, three good sized bedrooms with the master featuring a high spec en-suite bathroom with a second stylish 3-piece suite bathroom. The apartment is offered fully furnished to a high standard harmonious with the lavish modern design of the development.

The development is in high demand and features fantastic communal facilities for residents of the building, such as a secure entry system with intercom access, a state-of-the-art private onsite residents’ gym as well as a communal cinema room. Perfectly located in the heart of Media City, local to all shops, bars, restaurants and great transport routes with the tram stop being a stone’s throw away.

MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 40% in the last 5 years alone. (Zoopla – November 2018) making it one of the most popular buy-to-let hotspots in the UK!!

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 to recieve further details upon this investment opportunity

Key features

Key features

Tenanted investment opportunity

Key features

Luxurious development in high demand

Key features

Furnished to a high spec

Key features

Located close to all amenities

Key features

Fantastic transport routes

Key features

En-suite

Key features

Private residents gym in the building

Key features

Cinema room

Attention investors! High demand development, tenanted for immediate income! 3 bedroom, 2 bath 9th floor luxury apartment in X1 Media City Tower 1, Salford Quays. More info...

We are pleased to present this large luxurious 3 bedroom apartment ideally positioned on the 9th 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 stunning apartment comprises of a modern fully integrated kitchen with open plan living/dining area, three good sized bedrooms with the master featuring a high spec en-suite bathroom with a second stylish 3-piece suite bathroom. The apartment is offered fully furnished to a high standard harmonious with the lavish modern design of the development.

The development is in high demand and features fantastic communal facilities for residents of the building, such as a secure entry system with intercom access, a state-of-the-art private onsite residents’ gym as well as a communal cinema room. Perfectly located in the heart of Media City, local to all shops, bars, restaurants and great transport routes with the tram stop being a stone’s throw away.

MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 40% in the last 5 years alone. (Zoopla – November 2018) making it one of the most popular buy-to-let hotspots in the UK!!

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

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Luxurious development in high demand
    Tick Desktop Furnished to a high spec
    Tick Desktop Located close to all amenities
    Tick Desktop Fantastic transport routes
    Tick Desktop En-suite
    Tick Desktop Private residents gym in the building
    Tick Desktop Cinema room
  • 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 £14,700
Ground rent £250
Service charge £1,840
Lettings fees £1,411
Net income £11,199
Gross yield 5.65%
Net yield 4.31%

*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.