2 bedroom apartment

Michigan Avenue, Salford M502HA

Size: 64 sqm

Purchase price

£200,000

Size: 64 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,800
Ground rent £250
Service charge £1,815
Lettings fees £1,037
Net income £7,698
Gross yield 5.4%
Net yield 3.85%

A LUXURY 2-BEDROOM APARTMENT IN ONE OF THE UK'S BEST BUY-TO-LET HOTSPOTS! This is a fantastic investment opportunity in the highly sought after X1 Media City development.


This luxurious 2-bedroom apartment is situated on the 4th floor of the incredibly popular X1 Media City Tower 1 and features a contemporary open plan living and dining area with large double aspect windows, flooding the apartment with natural light; a top-of-the-range integrated kitchen as well as two spacious double bedrooms with a stylish en-suite for the master bedroom. 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 including a private resident’s gymnasium, cinema room and dining area with terrace.

The area surrounding X1 Media City provides residents with all of the amenities and cultural sights one could need, as well as providing direct access to Manchester city centre via the tram service which is adjacent to this development. MediaCityUK has something for everyone: There is the Lowry Outlet Mall which has an abundance of stores, a cinema and even monthly markets which offer a mix of handmade goods; World-class exhibitions at both the Imperial War Museum North and The Lowry museums and The Lowry Theatre which offers a wide range of entertainment. Residents can also take advantage of this unique location by taking tours around TV studios or a relaxing walk around the beautiful quayside.

MediaCityUK is an area where innovative technologies and digital creativity have truly found a home. With corporations such as the BBC, BUPA and the University of Salford, it is no surprise that many people are moving to this stunning waterfront locale to be a part of it. 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 investment opportunity for either a new or experienced investor. X1 Media City additionally benefits from expert block management from X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted for immediate income

Key features

2-bedroom apartment

Key features

Fully furnished

Key features

Fitted kitchen

Key features

En-suite

Key features

Resident's gym

Key features

Cinema room

Key features

Buy-to-let hotspot

Key features

Excellent transport links

Key features

Award winning lettings management

A LUXURY 2-BEDROOM APARTMENT IN ONE OF THE UK'S BEST BUY-TO-LET HOTSPOTS! This is a fantastic investment opportunity in the highly sought after X1 Media City development. More info...

This luxurious 2-bedroom apartment is situated on the 4th floor of the incredibly popular X1 Media City Tower 1 and features a contemporary open plan living and dining area with large double aspect windows, flooding the apartment with natural light; a top-of-the-range integrated kitchen as well as two spacious double bedrooms with a stylish en-suite for the master bedroom. 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 including a private resident’s gymnasium, cinema room and dining area with terrace.

The area surrounding X1 Media City provides residents with all of the amenities and cultural sights one could need, as well as providing direct access to Manchester city centre via the tram service which is adjacent to this development. MediaCityUK has something for everyone: There is the Lowry Outlet Mall which has an abundance of stores, a cinema and even monthly markets which offer a mix of handmade goods; World-class exhibitions at both the Imperial War Museum North and The Lowry museums and The Lowry Theatre which offers a wide range of entertainment. Residents can also take advantage of this unique location by taking tours around TV studios or a relaxing walk around the beautiful quayside.

MediaCityUK is an area where innovative technologies and digital creativity have truly found a home. With corporations such as the BBC, BUPA and the University of Salford, it is no surprise that many people are moving to this stunning waterfront locale to be a part of it. 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 investment opportunity for either a new or experienced investor. X1 Media City additionally benefits from expert block management from X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates.

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop 2-bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop En-suite
    Tick Desktop Resident's gym
    Tick Desktop Cinema room
    Tick Desktop Buy-to-let hotspot
    Tick Desktop Excellent transport links
    Tick Desktop Award winning lettings management
  • 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 £10,800
Ground rent £250
Service charge £1,815
Lettings fees £1,037
Net income £7,698
Gross yield 5.4%
Net yield 3.85%

*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.