3 Bedrooms Flat for sale in Michigan Point Tower 1, Michigan Avenue, Salford M50 | £ 260,000
Overview
| Price: | £ 260,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Greater Manchester |
| Town: | Salford |
| Postcode: | M50 |
| Address: | Michigan Point Tower 1, Michigan Avenue, Salford M50 |
| Bathrooms: | 2 |
| Bedrooms: | 3 |
Property Description
We are pleased to present this large luxurious 3 bedroom apartment ideally positioned on the 9th floor of the newly completed X1 Media City Tower 1 development on the doorstep of MediaCityUK – the home of both the bbc and itv.
This stunning apartment comprises of a modern fully integrated kitchen with open plan living/dining area, three good sized bedrooms with the master featuring a high spec en-suite bathroom with a second stylish 3-piece suite bathroom. The apartment is offered fully furnished to a high standard harmonious with the lavish modern design of the development.
The development is in high demand and features fantastic communal facilities for residents of the building, such as a secure entry system with intercom access, a state-of-the-art private onsite residents’ gym as well as a communal cinema room. Perfectly located in the heart of Media City, local to all shops, bars, restaurants and great transport routes with the tram stop being a stone’s throw away.
MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the bbc and itv, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 40% in the last 5 years alone. (Zoopla – November 2018) making it one of the most popular buy-to-let hotspots in the UK!
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £14,700
Ground rent: £250
Service charge: £1,840
Lettings fees: £1,411
Net income: £11,199
Gross yield: 5.65%
Net yield: 4.31%
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-12956
Property Location
Property Marketed by Yieldit
.png){kind=logo}
Similar Properties
Flat For Sale Salford Flat For Sale M50 Salford new homes for sale M50 new homes for sale Flats for sale Salford Flats To Rent Salford Flats for sale M50 Flats to Rent M50 Salford estate agents M50 estate agents
