3 bedroom apartment

X1 Media City Tower 2, Michigan Avenue, Salford, M50 2GY

Size: 80 sqm

Purchase price

£230,000

Size: 80 sqm

Finance breakdown
Financial performance*
Gross rent £14,400
Ground rent £250
Service charge £2,073
Lettings fees £1,382
Net income £10,695
Gross yield 6.26%
Net yield 4.65%

This stunning apartment is situated on the 11th floor of the newly completed Tower 2 of the X1 Media City development offering breath-taking views of the city skyline and the Quays. Offered being 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; 3 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 18% in the last five years alone (Zoopla - September 2021), 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. This makes for a fantastic buy-to-let opportunity!

NEWLY COMPLETED INVESTMENT OPPORTUNITY WITH A POTENTIAL NET YIELD OF 5.25%! A luxurious 3-bedroom apartment in the highly sought after X1 Media City Tower 2 located on the 11th floor with views over the Quays.

Interested in this property? Enquire today for more information

Key features

Key features

Potential net yield of 5.25%

Key features

Newly completed development

Key features

Buy-to-let hotspot

Key features

Excellent transport links

Key features

11th floor, 3-bedroom apartment

Key features

Fully furnished

Key features

En-suite to master bedroom

Key features

private resident’s gym, cinema room & dining area

Key features

Ultra stylish fitted kitchen and bathroom

NEWLY COMPLETED INVESTMENT OPPORTUNITY WITH A POTENTIAL NET YIELD OF 5.25%! A luxurious 3-bedroom apartment in the highly sought after X1 Media City Tower 2 located on the 11th floor with views over the Quays. More info...

This stunning apartment is situated on the 11th floor of the newly completed Tower 2 of the X1 Media City development offering breath-taking views of the city skyline and the Quays. Offered being 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; 3 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 18% in the last five years alone (Zoopla - September 2021), 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. This makes for a fantastic buy-to-let opportunity!

  • Key features
    Tick Desktop Potential net yield of 5.25%
    Tick Desktop Newly completed development
    Tick Desktop Buy-to-let hotspot
    Tick Desktop Excellent transport links
    Tick Desktop 11th floor, 3-bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop En-suite to master bedroom
    Tick Desktop private resident’s gym, cinema room & dining area
    Tick Desktop Ultra stylish fitted kitchen and bathroom
  • 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 £14,400
Ground rent £250
Service charge £2,073
Lettings fees £1,382
Net income £10,695
Gross yield 6.26%
Net yield 4.65%

*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.