Studio apartment

Michigan Point B, 11 Michigan Avenue

Size: sqm

Purchase price

£110,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,500
Ground rent £250
Service charge £680
Lettings fees £750
Net income £5,820
Gross yield 6.82%
Net yield 5.29%

Yieldit are pleased to present a selection of studio, one bedroom and three bedroom apartments in the premium development of Michigan Point Tower B. The apartments have been finished to an excellent standard and are able to capture the huge rental appetite in this area. X1 Media City is in high demand and features fantastic communal facilities such as a secure entry system with intercom access, a state-of-the-art private onsite residents’ gym as well as a communal cinema room.

Studio apartments from £110,000 - 5.29% NET
One bedroom apartments from £140,000 - 4.9% NET
Three bedroom apartments from £230,000 - 4.6% NET

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. 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.

MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest.

Interested? Take a look at the financial projections below based on a second floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

GREAT INVESTMENT OPPORTUNITIES IN THE HEART OF MEDIA CITY - Studio, one bedroom and three bedroom apartment available to both owner occupiers and buy to let investors! ENQUIRE TODAY!

Interested in this property? Enquire today for more information

Key features

Key features

Studios, one bedroom & three bedroom apartments

Key features

Buy-to-let hotspot

Key features

Earn instant income

Key features

Premium specification

Key features

Excellent transport links

Key features

Onsite gymnasium

Key features

Situated in the heart of Media City

Key features

Communal areas

Key features

Fully furnished

Key features

Shops, bard and local amenities nearby

GREAT INVESTMENT OPPORTUNITIES IN THE HEART OF MEDIA CITY - Studio, one bedroom and three bedroom apartment available to both owner occupiers and buy to let investors! ENQUIRE TODAY! More info...

Yieldit are pleased to present a selection of studio, one bedroom and three bedroom apartments in the premium development of Michigan Point Tower B. The apartments have been finished to an excellent standard and are able to capture the huge rental appetite in this area. X1 Media City is in high demand and features fantastic communal facilities such as a secure entry system with intercom access, a state-of-the-art private onsite residents’ gym as well as a communal cinema room.

Studio apartments from £110,000 - 5.29% NET
One bedroom apartments from £140,000 - 4.9% NET
Three bedroom apartments from £230,000 - 4.6% NET

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. 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.

MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the BBC and ITV, making the area the home to innovative technologies and a desirable location to invest.

Interested? Take a look at the financial projections below based on a second floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Studios, one bedroom & three bedroom apartments
    Tick Desktop Buy-to-let hotspot
    Tick Desktop Earn instant income
    Tick Desktop Premium specification
    Tick Desktop Excellent transport links
    Tick Desktop Onsite gymnasium
    Tick Desktop Situated in the heart of Media City
    Tick Desktop Communal areas
    Tick Desktop Fully furnished
    Tick Desktop Shops, bard and local amenities nearby
  • 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 £7,500
Ground rent £250
Service charge £680
Lettings fees £750
Net income £5,820
Gross yield 6.82%
Net yield 5.29%

*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.