2 bedroom apartment

X1 Media City Tower 2, Michigan Avenue, Salford, Greater Manchester, M50 2HG

Size: 59 sqm

Purchase price

£199,950

Size: 59 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £250
Service charge £1,384
Lettings fees £1,008
Net income £7,858
Gross yield 5.25%
Net yield 3.93%

EXCELLENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY. Two bedroom two bathroom apartment in the heart of Media City - walking distance to ITV & BBC studios, enquire today to avoid disappointment.


INVESTMENT PROPERTY - CASH BUYERS ONLY!

This stunning apartment is situated on the 3rd floor of the newly completed Tower 2 of the X1 Media City development. Fully furnished to the highest standard, this apartment features a bright and spacious open plan living and dining area with a high spec fitted kitchen; 2 double bedrooms with an en-suite for the master bedroom; a family bathroom complete with 3-piece suite and plenty of storage space. Residents of X1 Media City can also enjoy the tower’s fantastic facilities such as a private resident’s gym, cinema room and dining area with terrace.

Located in Salford Quays - the newly dubbed ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep, as well as having easy access to Manchester city centre via the Harbour City Metrolink tram stop which sits at the foot of the development. The area is understandably known as one of the UK’s buy-to-let hotspots and tenants are desperate to live in X1 Media City. This area offers the ultimate cosmopolitan lifestyle experience for the many people who call the stunning Salford Quays waterfront home, proving that this is, by any measure, one of the most attractive places to live in the UK, and the overwhelming tenant demand only goes to confirm this.

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. The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas. With the added benefit of being managed by X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, you know your investment is in safe hands.

Interested in this property? Enquire today for more information

Key features

Key features

Cash buyers only

Key features

Third floor

Key features

Two bedroom two bathroom apartment

Key features

Excellent location

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Shops, bars and amenities nearby

Key features

Great transport links

EXCELLENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY. Two bedroom two bathroom apartment in the heart of Media City - walking distance to ITV & BBC studios, enquire today to avoid disappointment. More info...

INVESTMENT PROPERTY - CASH BUYERS ONLY!

This stunning apartment is situated on the 3rd floor of the newly completed Tower 2 of the X1 Media City development. Fully furnished to the highest standard, this apartment features a bright and spacious open plan living and dining area with a high spec fitted kitchen; 2 double bedrooms with an en-suite for the master bedroom; a family bathroom complete with 3-piece suite and plenty of storage space. Residents of X1 Media City can also enjoy the tower’s fantastic facilities such as a private resident’s gym, cinema room and dining area with terrace.

Located in Salford Quays - the newly dubbed ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep, as well as having easy access to Manchester city centre via the Harbour City Metrolink tram stop which sits at the foot of the development. The area is understandably known as one of the UK’s buy-to-let hotspots and tenants are desperate to live in X1 Media City. This area offers the ultimate cosmopolitan lifestyle experience for the many people who call the stunning Salford Quays waterfront home, proving that this is, by any measure, one of the most attractive places to live in the UK, and the overwhelming tenant demand only goes to confirm this.

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. The plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the surrounding areas. With the added benefit of being managed by X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, you know your investment is in safe hands.

  • Key features
    Tick Desktop Cash buyers only
    Tick Desktop Third floor
    Tick Desktop Two bedroom two bathroom apartment
    Tick Desktop Excellent location
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop Great transport links
  • 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 £1,384
Lettings fees £1,008
Net income £7,858
Gross yield 5.25%
Net yield 3.93%

*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.