3 bed flat for sale

X1 Media City, Michigan Avenue, Salford M50

X1 Media City, Michigan Avenue, Salford, M50 2HD

This spectacular apartment will make an excellent addition to an investor's portfolio, with an anticipated yield in excess of 6% net. Situated on the 23rd floor of the popular X1 Media City development, it boasts unrivalled picturesque city views from every floor-to-ceiling window.

There are three spacious bedrooms, the master benefiting from fitted wardrobes and a modern ensuite, a bright and airy open-plan living area, high-gloss kitchen, a luxury bathroom, and two handy storage cupboards - offering both style and practicality.

The local area could not provide a better environment for buy-to-let investors. The continued growth of MediaCityUK, home to the BBC, itv and a host of creative and digital businesses, has created a unique and vibrant destination within Salford Quays - perfectly suited to the young professional tenant market.

Residents are only a short walk from local shops, bars and restaurants, and approximately 15 minutes from Manchester city centre via the convenient Metrolink tram service. With Salford’s population continuing to grow and apartment values rising at pace, this is a superb opportunity to secure a high-performing investment in a thriving location.

Financial Breakdown

Gross Rent: £20,280.00
Net income: £14,210.00
Gross yield: 8.88%
Net yield: 6.22%
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-07196