2 bedroom apartment

Michigan Avenue, Manchester M50 2GY

Size: 62 sqm

Purchase price

£234,995

Size: 62 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £250
Service charge £1,665
Lettings fees £250
Net income £8,335
Gross yield 4.47%
Net yield 3.55%

** Owner Occupiers Welcome ** View Immediately This Fantastic 2 Bed, 2 Bath At X1 Media City Tower 1 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

** Owner Occupiers Welcome ** View Immediately This Fantastic 2 Bed, 2 Bath At X1 Media City Tower 1 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.


*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 £250
Net income £8,335
Gross yield 4.47%
Net yield 3.55%

*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.