2 bedroom apartment

X1 Media City Tower 1, 9 Michigan Avenue, Salford, M50 2HD

Size: 64 sqm

Purchase price

£235,000

Size: 64 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £11,400
Ground rent £250
Service charge £1,422
Lettings fees £1,094
Net income £8,634
Gross yield 4.85%
Net yield 3.67%

AMAZING INVESTMENT OPPORTUNITY!! Stunningly modern 24th floor, 2-bed, 2-bath apartment with parking space in the highly sought after X1 Media City Tower 1!


This beautiful corner positioned apartment boasts luxury, featuring a contemporary open plan living and dining area with large double aspect windows offering truly breath-taking views of the surrounding areas, a high spec, fully integrated kitchen as well as two large bedrooms with the master bedroom including a stylish en-suite. There is a separate 3-piece family bathroom, as well as ample storage space. Residents of X1 Media City can also enjoy the tower’s numerous facilities such as a private resident’s gymnasium, cinema room and dining area with terrace.

X1 Media City Tower 1 is located in 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!

The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas, 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 (100% occupancy for September 2018), 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.

Interested in this property? Enquire today for more information

Key features

Key features

Parking space included

Key features

Buy-to-let hotspot

Key features

Multi award winning lettings management

Key features

Tenanted for immediate income

Key features

Fully furnished

Key features

Fitted kitchen

Key features

En-suite

Key features

Communal cinema room and dining areas

Key features

Resident's gym

Key features

Excellent transport links

AMAZING INVESTMENT OPPORTUNITY!! Stunningly modern 24th floor, 2-bed, 2-bath apartment with parking space in the highly sought after X1 Media City Tower 1! More info...

This beautiful corner positioned apartment boasts luxury, featuring a contemporary open plan living and dining area with large double aspect windows offering truly breath-taking views of the surrounding areas, a high spec, fully integrated kitchen as well as two large bedrooms with the master bedroom including a stylish en-suite. There is a separate 3-piece family bathroom, as well as ample storage space. Residents of X1 Media City can also enjoy the tower’s numerous facilities such as a private resident’s gymnasium, cinema room and dining area with terrace.

X1 Media City Tower 1 is located in 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!

The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas, 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 (100% occupancy for September 2018), 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.

  • Key features
    Tick Desktop Parking space included
    Tick Desktop Buy-to-let hotspot
    Tick Desktop Multi award winning lettings management
    Tick Desktop Tenanted for immediate income
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop En-suite
    Tick Desktop Communal cinema room and dining areas
    Tick Desktop Resident's gym
    Tick Desktop Excellent transport links
  • 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 £11,400
Ground rent £250
Service charge £1,422
Lettings fees £1,094
Net income £8,634
Gross yield 4.85%
Net yield 3.67%

*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.