2 bedroom apartment

X1 Media City, Michigan Avenue, Manchester, M50 2GY

Size: 62 sqm

SSTC

£210,000

Size: 62 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £250
Service charge £1,665
Lettings fees £1,008
Net income £7,577
Gross yield 5.38%
Net yield 3.89%

**CASH ONLY, PREMIUM 21st FLOOR INVESTMENT OPPORTUNITY* A spacious two bedroom apartment on the 21st floor, the newly completed X1 Media City Tower 1 development in the heart of Salford Quays and the doorstep of MediaCityUK


An outstanding two-bedroom apartment perfectly positioned on the 21st floor of the recently completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays and on the doorstep of MediaCityUK. Excellent city views!

This apartment comes fully furnished to a high standard and enjoys a modern and stylish finish with on site facilities including a gymnasium and cinema room.

The apartment offers luxury accommodation in one of the UK’s best rental locations, with corporations such as the BBC, BUPA and the University of Salford right on the doorstep in MediaCityUK. It’s unsurprising then that economic growth in Manchester has outstripped that in capital since 2014 according to the Financial Times and between January and March 2015, 1,393 new companies launched in Salford, an 85% increase on the previous year.

This is truly an area where innovative technologies and digital creativity have found a home, so it is no surprise that many people are moving to this stunning waterfront locale – as well as the UK’s de-facto second city Manchester being just a short tram journey away.

Plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the local area, making this is a fantastic buy-to-let opportunity for either a new or experienced investor.

Apartments at X1 Media City additionally benefit from expert block management from X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, meaning you know your investment is in safe hands.

Interested in this property? Enquire today for more information

Key features

Key features

21st floor apartment

Key features

Two bedrooms, two bathrooms

Key features

Excellent city views

Key features

Great transport links

Key features

Onsite gymnasium

Key features

Communal area

Key features

Shops, bars and restaurants nearby

Key features

Fully furnished

Key features

Cinema room

**CASH ONLY, PREMIUM 21st FLOOR INVESTMENT OPPORTUNITY* A spacious two bedroom apartment on the 21st floor, the newly completed X1 Media City Tower 1 development in the heart of Salford Quays and the doorstep of MediaCityUK More info...

An outstanding two-bedroom apartment perfectly positioned on the 21st floor of the recently completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays and on the doorstep of MediaCityUK. Excellent city views!

This apartment comes fully furnished to a high standard and enjoys a modern and stylish finish with on site facilities including a gymnasium and cinema room.

The apartment offers luxury accommodation in one of the UK’s best rental locations, with corporations such as the BBC, BUPA and the University of Salford right on the doorstep in MediaCityUK. It’s unsurprising then that economic growth in Manchester has outstripped that in capital since 2014 according to the Financial Times and between January and March 2015, 1,393 new companies launched in Salford, an 85% increase on the previous year.

This is truly an area where innovative technologies and digital creativity have found a home, so it is no surprise that many people are moving to this stunning waterfront locale – as well as the UK’s de-facto second city Manchester being just a short tram journey away.

Plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the local area, making this is a fantastic buy-to-let opportunity for either a new or experienced investor.

Apartments at X1 Media City additionally benefit from expert block management from X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, meaning you know your investment is in safe hands.

  • Key features
    Tick Desktop 21st floor apartment
    Tick Desktop Two bedrooms, two bathrooms
    Tick Desktop Excellent city views
    Tick Desktop Great transport links
    Tick Desktop Onsite gymnasium
    Tick Desktop Communal area
    Tick Desktop Shops, bars and restaurants nearby
    Tick Desktop Fully furnished
    Tick Desktop Cinema room
  • LocationLocation

*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 £1,665
Lettings fees £1,008
Net income £7,577
Gross yield 5.38%
Net yield 3.89%

*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.