1 Bedroom Apartment

Michigan Avenue, 
Salford, 
M50 2HD
SSTC
  • Tenanted
ATTENTION INVESTORS - STYLISH 24TH FLOOR APARTMENT IN MEDIA CITY YIELDING ABOVE 6% NET! Entirely well presented one bedroom apartment in the ever popular X1 Media City development.
  • Financial Performance*
Gross rent
£11,700
Ground rent
£250
Service charge
£1,655
Lettings fees
£1,264
Net income
£8,532
Gross yield
8.67%
Net yield
6.32%
  • Key Features
  • Fantastic investment opportunity
  • 24th floor
  • Stunning views
  • Double bedroom
  • Furnished
  • High gloss kitchen
  • Tenant in situ
  • Management in place
  • Shops, bars and restaurants closeby
  • Excellent transport links

yieldit are delighted to offer for sale this stylish and immaculately maintained 24th floor one bedroom apartment, in the ever popular X1 Media City development.

This opportunity is presented as a tenanted investment meaning you can generate an impressive return above 6% NET right from completion and this property is sure to make a fantastic addition to any investor’s portfolio. Media City could not be a better choice of location for savvy buy-to-let investors, being home to huge corporations such as the BBC, ITV and hundreds of other businesses there is always a huge demand for high quality accommodation such as X1 Media City.

Media City is one the best locations for young professional renters in the UK right now. Offering a host of shops, popular 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.

It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace. 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 the perfect opportunity to invest.

  • Financial Performance *
Gross rent
SSTC
Ground rent
SSTC
Service charge
SSTC
Net income
SSTC
Gross yield
SSTC
Net yield
SSTC
*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.
  • Location
  • EPC
Energy Performance Rating