2 bed flat for sale

Michigan Avenue, Salford M50

Michigan Avenue, Salford, M50 2Ha

Tenanted investment opportunity! Luxurious two bedroom fourteenth floor apartment with parking space! Situated in the extremely popular X1 Media City development, with unrivalled amenities and transport links.

We are pleased to present this fantastic tenanted investment opportunity! This large luxurious 2 bedroom apartment is ideally positioned on the 14th floor of the very popular development X1 Media City Tower 1 and is 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, and 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 resident’s only gym, as well as a communal cinema room. Perfectly located in the heart of MediaCityUK, the property is local to all shops, bars, restaurants and has 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 it 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 home to innovative technologies and a desirable location to invest. It is no surprise that there is high demand from people wanting to move to this stunning waterfront locale.

Financial Breakdown

Gross Rent: £14,400.00
Net income: £11,585.60
Gross yield: 6.86%
Net yield: 5.52%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08314