Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Key features
- EWS1 Approved
- Tenant in situ
- Investment property
Description
X1 Sales and Lettings is delighted to present this stunning 2-bedroom, 2-bathroom apartment on the 2nd floor of X1 Media City Tower B. This property, offers a perfect investment opportunity for those seeking a hassle-free, fully managed asset.
Property Highlights:
Prime Location: Situated in the heart of MediaCityUK, this apartment offers convenient access to a thriving business and entertainment hub. The property is ideally positioned with floor-to-ceiling windows showcasing impressive, far-reaching views.
Turnkey Investment: With a tenant already in place paying £1,100 per month, enjoy immediate rental income from day one. The building also has a valid EWS1 certificate, making it compliant with current fire safety standards.
Stylish Living Space:
The apartment is fully furnished and features an open-plan kitchen and living area, creating a welcoming social space. The master bedroom benefits from an en-suite bathroom, and there is a second generously sized bedroom. White goods and a comprehensive furniture pack are included in the sale.
Building Amenities:
Residents can enjoy a range of facilities including an onsite gym, cinema room, communal kitchen/dining area, and laundry facilities.
Excellent transport links with a dedicated Metrolink tram stop at Harbour City, providing easy access to the rest of Greater Manchester and beyond.
Financial Details:
Gross Rent: £1,100 per month (tenant in place)
Service Charge (2024): £2,331.25 per annum.
Ground Rent: £250 per annum (next review date 31.12.2024, subject to 5-year RPI).
Management Fees: 9% plus VAT (of rent achieved).
Lease Terms:
975 years remaining (less 5 days) from 01.01.2016.
Council Tax Band: C
EPC Rating: C
Note to Purchasers: These particulars are intended as a general guide only and do not form any part of an offer or contract. Prospective buyers are encouraged to conduct a personal inspection to verify the accuracy of the information provided.
Viewing Highly Recommended! Contact us today to arrange a viewing and explore this exceptional investment opportunity.
- 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: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
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Visit our security centre to find out moreDisclaimer - Property reference SAL240227. 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 X1 Sales & Lettings, 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.
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