Flat for sale in Michigan Avenue, Salford M50

£220,000
Interested in this property? Call +44 161 506 6169 * or Request Details

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Flat for sale - 2 bedrooms

2 2 1 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
967 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Utilities and more details

Property features

  • Investment opportunity
  • Desirable corner unit
  • Breath-taking views
  • Superb location
  • Two bedrooms
  • Two bathrooms
  • Allocated parking space
  • Open plan living area
  • Floor to ceiling windows
  • Enquire today for further information

Property description

Michigan Point Tower A Michigan Avenue Salford Lancs M502HD

We are pleased to present this large luxurious 2 bedroom apartment with en-suite, ideally positioned on the 18th floor of the newly completed and highly popular X1 Media City Tower 1 development in MediaCityUK – the home of both the BBC and itv. An allocated underground parking space is included.

This corner positioned apartment boasts a contemporary open plan living/dining area with large double aspect windows throughout, offering truly breath-taking views. Further benefits include a high spec fully integrated kitchen as well as two large bedrooms with the master featuring a stylish en-suite with an additional separate 3-piece family bathroom.

The building features enviable onsite facilities such as a private resident’s gymnasium, cinema room and dining area with terrace for residents to enjoy.

X1 Media City Tower 1 boasts one of the best locations for young professional renters in the UK right now. Offering a host of shops, bars and restaurants within walking distance of this impressive development, as well as the Lowry Theatre and the Imperial War Museum North just minutes away. Residents will also have direct access to Manchester city centre via the Harbour City Metrolink tram stop, which is ideally positioned outside of the development.

Property prices in Salford have skyrocketed over the last few years and industry experts anticipate that Greater Manchester will need at least 200,000 new homes by 2040 to meet anticipated economic and population growth – making now a fantastic time to invest!

Interest in this development is always extremely high, contact us today to avoid disappointment.

Please note, lettings and management fees may apply.

Financial Breakdown

Gross Rent: £16,020.00
Net income: £13,206.00
Gross yield: 7.28%
Net yield: 6%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07885

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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