Studio apartment

X1 Media City, Salford M50 2HB

Size: sqm

Purchase price

£122,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,340
Ground rent £250
Service charge £967
Lettings fees £584
Net income £6,540
Gross yield 6.84%
Net yield 5.36%

X1 Media City is one of the premier residential developments in the North West and will provide 1,100 apartments spread across four magnificent towers to the private rental market. The towers overlook Salford Quays and MediaCityUK, meaning that they are located in one of the most exciting areas in the UK. With corporations such as the BBC, BUPA and the University of Salford having headquarters here, this is truly an area where innovative technologies and digital creativity have found a home, and young professionals are moving to this stunning waterfront locale to be a part of it.

X1 Media City Tower 1 was the first of the four towers to be launched, and it is now completed and occupied. The 275 large apartments have been finished to the highest possible standard and residents are able to take advantage of on-site facilities such as a private gymnasium. The local area also provides all of the amenities and cultural sights one could need, as well as providing direct access to the nearby city of Manchester via the tram service which is located adjacent to X1 Media City. All apartments will be let and managed by the award-winning X1 Lettings, ensuring the best possible service for both investors and tenants.

The location at MediaCityUK, found in the heart of Salford Quays, truly contributes to the cosmopolitan vibe of the development, as it is increasingly becoming the place-to-be for creative and digital businesses. Don’t miss out on this chance to invest in property in Salford Quays and enquire today.

ATTENTION INVESTORS - ENQUIRE TODAY ON THIS EXCELLENT TENANTED INVESTMENT OPPORTUNITY! A luxurious studio on the 16th floor of the sought after X1 Media City Tower A. Don't miss out and enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted buy-to-let property investment

Key features

Tenanted until April 2023

Key features

Luxury studio on the 16th floor

Key features

5.23% NET yield

Key features

Sought after development and location

Key features

Private gym

Key features

Close to Manchester City centre

Key features

Excellent transport links

ATTENTION INVESTORS - ENQUIRE TODAY ON THIS EXCELLENT TENANTED INVESTMENT OPPORTUNITY! A luxurious studio on the 16th floor of the sought after X1 Media City Tower A. Don't miss out and enquire today! More info...

X1 Media City is one of the premier residential developments in the North West and will provide 1,100 apartments spread across four magnificent towers to the private rental market. The towers overlook Salford Quays and MediaCityUK, meaning that they are located in one of the most exciting areas in the UK. With corporations such as the BBC, BUPA and the University of Salford having headquarters here, this is truly an area where innovative technologies and digital creativity have found a home, and young professionals are moving to this stunning waterfront locale to be a part of it.

X1 Media City Tower 1 was the first of the four towers to be launched, and it is now completed and occupied. The 275 large apartments have been finished to the highest possible standard and residents are able to take advantage of on-site facilities such as a private gymnasium. The local area also provides all of the amenities and cultural sights one could need, as well as providing direct access to the nearby city of Manchester via the tram service which is located adjacent to X1 Media City. All apartments will be let and managed by the award-winning X1 Lettings, ensuring the best possible service for both investors and tenants.

The location at MediaCityUK, found in the heart of Salford Quays, truly contributes to the cosmopolitan vibe of the development, as it is increasingly becoming the place-to-be for creative and digital businesses. Don’t miss out on this chance to invest in property in Salford Quays and enquire today.

  • Key features
    Tick Desktop Tenanted buy-to-let property investment
    Tick Desktop Tenanted until April 2023
    Tick Desktop Luxury studio on the 16th floor
    Tick Desktop 5.23% NET yield
    Tick Desktop Sought after development and location
    Tick Desktop Private gym
    Tick Desktop Close to Manchester City centre
    Tick Desktop Excellent transport links
  • 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 £8,340
Ground rent £250
Service charge £967
Lettings fees £584
Net income £6,540
Gross yield 6.84%
Net yield 5.36%

*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.