Studio

9, Michigan Avenue, 
Media City, 
SALFORD, 
M50 2HB
Purchase price
£115,000
  • Size: 28 sqm
  • Tenanted
ATTENTION INVESTORS - ENQUIRE TODAY ON THIS FANTASTIC HIGH YIELDING INVESTMENT! A luxurious smart pad studio in the sought after X1 Media City development.
  • Financial Performance*
Gross rent
£9,900
Ground rent
£250
Service charge
£1,158
Net income
£8,492
Gross yield
8.61%
Net yield
7.38%
  • Key Features
  • Perfect investment opportunity
  • Luxurious smart pad
  • 15th floor apartment
  • High quality finish
  • Extremely popular development
  • Ideal location
  • A huge selection of amenities on the doorstep
  • Excellent transport links
  • Impressive rental yield
  • Walkthrough video available upon request

This luxurious studio apartment is located in Tower A 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.

  • Financial Performance *
Gross rent
£9,900
Ground rent
£250
Service charge
£1,158
Net income
£8,492
Gross yield
8.61%
Net yield
7.38%
*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