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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 25 page views

Since listed: 849 page views

Description

This stunning 8th floor studio apartment features a contemporary open plan living, dining and sleeping area with large windows offering breath-taking views of the surrounding areas and a high spec, fully integrated kitchen. There is a separate 3-piece bathroom, as well as ample storage space. X1 Media City is in high demand and features fantastic communal facilities 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.

Located in Salford Quays - the newly dubbed ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep as well as having easy access to Manchester city centre via the Harbour City Metrolink tram stop which sits at the foot of the development. The area is understandably known as one of the uk’s buy-to-let hotspots and tenants are desperate to live in X1 Media City. This area offers the ultimate cosmopolitan lifestyle experience for the many people who call the stunning Salford Quays waterfront home, proving that this is, by any measure, one of the most attractive places to live in the UK, and the overwhelming tenant demand only goes to confirm this.

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 35% in the last 5 years alone. (Zoopla – June 2019) making it one of the most popular buy-to-let hotspots in the UK!

Financial Breakdown

Assured rent: £6,687
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £6,687
Assured until: May 2020
Assured yield: 6.08%

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-13621

Map & Nearby

Local Amenities

  • Manchester United Football Ground 0.8 miles
  • Salford Crescent 1.1 miles
  • Oasis Academy MediaCityUK 0.4 miles
  • St Joseph's RC Primary School 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Manchester United Football Ground 0.8 miles
  • Salford Crescent 1.1 miles
  • Oasis Academy MediaCityUK 0.4 miles
  • St Joseph's RC Primary School 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in M50:

  • £199,738
  • Price increase

  • £11,218
  • (5.951%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £175,279
  • Properties sold

    135

Rental opportunities

£806 pcm
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Estimated running costs

Based on available 3rd party data

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The Developer

Price history

Sold prices provided by Land Registry
1st Oct 2019 £115,000 Price reduced by £5,000
29th Aug 2019 £120,000 Price reduced by £5,000
8th Jul 2019 £125,000 Price reduced by £5,000
13th Jun 2019 £130,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla 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.