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Michigan Point Tower, Michigan Avenue, Salford, M50

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

696 sq ft

65 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
2 bed apartment
1

Key features

  • Dual Aspect 16th Floor Apartment
  • Views Over The Quays Towards Old Trafford Football Ground
  • Two Double Bedrooms & Two Bathrooms
  • Popular Location in MediaCityUK
  • Convenient To Sainsbury's Local
  • Easy Access to Harbour City Metrolink
  • On-Site Gym & Cinema Room
  • Ideal For Investors
  • £1,300pcm Until July 2025
  • Attractively Priced To Sell

Description

SUPERB PRICE

16th FLOOR WITH STUNNING VIEWS OVER THE QUAYS, TOWARDS OLD TRAFFORD FOOTBALL GROUND!

GENRATING IMMEDIATE INCOME @ £1,300pcm UNTIL JULY 2025!

Take a look at the 360 Virtual Tour!

A BEAUTIFUL two double bedroom, two bathroom, 16th floor CORNER POSITIONED apartment, featuring DUAL ASPECT full height windows with far-reaching views. This beautifully presented apartment is ideal for investors.

In brief, the property comprises; hallway with utility cupboard, open plan lounge/dining/kitchen with feature full height windows with stunning views, main bedroom with en-suite, second double bedroom and a bathroom.

Superb Opportunity For Buy-To-Let Investors At A Desirable Price!

Current Rental Income: £15,600 per annum
Service Charge: £2,320 per annum
Ground Rent: £250 per annum
Lettings Management Fee 8% + VAT: £1,497.60

NET Income: £11,532.40 per annum
NET Yield: 6%

Michigan Point Towers are in the perfect location, across from the water at Salford Quays. The area has an abundance of restaurants and bars, with excellent transport links into the City Centre and beyond. Being ever popular with residence, the towers are always in high demand.

Michigan Point benefits from an on-site gym and cinema room for residents use and also a Sainsburys Local on the ground floor. The apartment has the perfect arrangement for a professional tenant which will provide an investor with a great yield.

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Michigan Point Tower, Michigan Avenue, Salford, M50

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About Mr Investa Ltd, Salford

Mr Investa, Blue Tower, MediaCityUK, M50 2ST
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We offer a unique and bespoke service for Landlord to Landlord Sales.

Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.

Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.

Our aim is to take the time, effort and stress away for our clients by doing all of the leg work for them, so we have created a simple 5 step process to help buy or sell a buy-to-let property.

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Monthly repayments
£934
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Disclaimer - Property reference MSN-88569507. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mr Investa Ltd, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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