Flat for sale in M5, 1 Bedroom

A stylish one apartment located on the 20th floor of the brand new X1 Media City Tower 1 development on the doorstep of MediaCityUK – the home of both the bbc and itv.

This well-sized apartment comes fully furnished and enjoys a modern finish alongside enviable onsite facilities such as a gymnasium, cinema room and private 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. There is 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 fast access to all that Manchester city centre has to offer via the Harbour City Metrolink tram stop which is ideally positioned outside of the development.

Property prices in Salford are up by over 40% in the last five years alone (Zoopla, May 2018), 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!

X1 Media City is fully block management by X1 Lettings who operate widely in the area, making this an excellent opportunity for either first time buy-to-let investors or experienced portfolio landlords.

Financial Breakdown

Gross rent: £9,300
Ground rent: £250
Service charge: £918
Lettings fees: £744
Net income: £7,388
Gross yield: 5.81%
Net yield: 4.62%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

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