Flat for sale in Salford M50, 2 Bedroom

Salford, Salford, UK

Quick Summary

Property Type:
Flat
Status:
For sale
Price
£ 230,000
Beds:
2
Baths:
2
Recepts:
1
County
Greater Manchester
Town
Salford
Outcode
M50
Location
X1 Media City Tower 1, Michigan Avenue, Salford M50
Marketed By:
Yieldit
Posted
2024-04-27
M50 Rating:





More Info?
Please contact Yieldit on 0161 506 9203 or Request Details

Property Description

We are pleased to present this superb two bedroom apartment ideally positioned on the 2nd floor of the newly completed X1 Media City Tower 1 development in the heart of the picturesque Salford Quays.

This stunning apartment is offered fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of stunning views of the quays.

The X1 Media City Tower has it all, with fantastic on site facilities including a gymnasium and cinema room for residents to enjoy. It is no surprise that many people are moving to this stunning waterfront locale to be a part of it, making it one of the most popular buy-to-let hotspots in the UK.

MediaCityUK is extremely sought after for both investors and residents, with corporations such as the bbc, bupa and the University of Salford located on the doorstep, this is truly an area where innovative technologies and digital creativity have found a home. This is demonstrated by the fact that between January and March 2015,1,393 new companies launched in Salford, an 85% increase on the previous year! This reflects in the increase of house prices in the area which have seen a rise in excess of £58,000 in the last 5 years alone (Zoopla – September 2018)

With plans to double the size of MediaCityUK only add to the need for high quality rental accommodation in the local area, as well as the added benefit of being managed by X1 Lettings who enjoy a large presence in the area and boast market leading tenancy rates, meaning you know your investment is in safe hands. This makes for a fantastic buy-to-let opportunity for either a new or experienced investor.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £11,400
Ground rent: £250
Service charge: £918
Lettings fees: £1,094
Net income: £9,138
Gross yield: 4.96%
Net yield: 3.97%

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.

Yieldit ref: Yl-12703

Property Location

Marketed by Yieldit



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Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.