Studio for sale in Salford M50, 0 Bedroom

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

We are pleased to present this stylish studio apartment located on the 12th floor of the luxurious X1 Media City Tower One development on the doorstep of MediaCityUK – the home of both the bbc and itv.

The apartment also benefits from an onsite private residents’ gymnasium, as well as a cinema room. This is truly the hub for young professionals working and living in Manchester.

X1 Media City Tower 1 boasts one of the best locations for young professional renters in the UK right now. There are 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.

This is the perfect time to invest in the area of Salford as property prices have increased 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.

Enquire now to not miss out on this perfect investment opportunity.

Financial Breakdown

Gross rent: £7,200
Ground rent: £250
Service charge: £711
Lettings fees: £250
Net income: £5,989
Gross yield: 5.67%
Net yield: 4.72%

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-12560