Studio apartment

X1 Media City, Michigan Avenue, Salford, M50 2HH

Size: 29 sqm

Purchase price

£115,000

Size: 29 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,500
Ground rent £250
Service charge £837
Lettings fees £600
Net income £5,813
Gross yield 6.52%
Net yield 5.05%

This luxurious studio apartment is located in Tower B of the sought after X1 Media City development, one of the premier residential developments in the North West which is home to 1,100 apartments spread across four magnificent towers. 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.

The X1 Media City development has been completed 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 smart pad studio on the 11th floor of the sought after X1 Media City development. Don't miss out and enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Generate instant income - NET yield above 5%

Key features

Smart pad studio

Key features

On the 11th floor

Key features

Sought after X1 Media City development

Key features

Floor to ceiling windows

Key features

Fully-fitted stylish kitchen

Key features

Luxurious bathroom

ATTENTION INVESTORS - ENQUIRE TODAY ON THIS EXCELLENT TENANTED INVESTMENT OPPORTUNITY! A luxurious smart pad studio on the 11th floor of the sought after X1 Media City development. Don't miss out and enquire today! More info...

This luxurious studio apartment is located in Tower B of the sought after X1 Media City development, one of the premier residential developments in the North West which is home to 1,100 apartments spread across four magnificent towers. 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.

The X1 Media City development has been completed 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 investment opportunity
    Tick Desktop Generate instant income - NET yield above 5%
    Tick Desktop Smart pad studio
    Tick Desktop On the 11th floor
    Tick Desktop Sought after X1 Media City development
    Tick Desktop Floor to ceiling windows
    Tick Desktop Fully-fitted stylish kitchen
    Tick Desktop Luxurious 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 £7,500
Ground rent £250
Service charge £837
Lettings fees £600
Net income £5,813
Gross yield 6.52%
Net yield 5.05%

*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.