1 Bedrooms Flat for sale in 21-07 The Heart Building, Media City M50 | £ 185,000
Overview
Price: | £ 185,000 |
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Contract type: | For Sale |
Type: | Flat |
County: | |
Town: | |
Postcode: | M50 |
Address: | 21-07 The Heart Building, Media City M50 |
Bathrooms: | 1 |
Bedrooms: | 1 |
Property Description
We are pleased to present this high specification one bedroom apartment in the sought-after Media City.
This well-presented one bedroom briefly compromises of an entrance hallway, three-piece bathroom suite with integrated mirrored cupboards, an open plan living space with fully integrated kitchen, fitted with fridge freezer, electric hob and oven and dishwasher.
Media City is the home of major corporations such as the bbc and itv situated on the quays, it is a hub for working professionals. House prices in the area have seen a dramatic increase over the years with the constant expansion, with a rise of 30.27% in the last 5 years alone and continuing to grow (Zoopla – October 2018).
It is no surprise that there is a high demand of people wanting to move 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 not to be missed!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £9,300
Ground rent: £250
Service charge: £2,433
Lettings fees: £893
Net income: £5,724
Gross yield: 5.03%
Net yield: 3.09%
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-11629
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