Media City, Michigan Point Tower A, 9 Michigan Avenue, Salford, M50
- BATHROOMS
1
- SIZE
Ask agent
Key features
- 5th floor studio
- 31 sq M
- Long lease - 975 years less 5 days commencing on 01.01.2016
- EWS1 approved
- Tenant in situ
- Cash Buyers Please
Description
X1 Presents: 5th Floor Studio Apartment at MediaCity Tower A
Property Details
Located in the vibrant MediaCityUK
Studio apartment, ideal for working professionals
Secure entry with CCTV
EWS1 approved – no cladding works required
Furnishings & Appliances
Fully furnished
Indesit oven and fridge/freezer
Modern interior design
Hyperoptic broadband installed
Charges & Investment
Asking price: £105,000
Rental income: £895 pcm
Full letting management: 9% + VAT
Ground rent: £250 per annum (subject to lease increases)
Long Lease -
975 years less 5 days commencing on 01.01.2016
Service charge: £1,267.23 per annum
Gross yield: ~10.2%
Net yield (after costs): ~7.7%
Facilities
On-site gym
Cinema room
Communal kitchen, laundry room, and balcony spaces
Local Area
Harbour City tram stop on the doorstep
MediaCityUK including BBC, ITV, Booths, Lowry Shopping & Theatre
Variety of local bars and restaurants
Quayside location with scenic views
Tenancy Details
Currently tenanted at £895 per month
Long-term tenant on a rolling contract (providing flexibility for sale)
- 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.
- Ask agent
- 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
Energy performance certificate - ask agent
Media City, Michigan Point Tower A, 9 Michigan Avenue, Salford, M50
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference SAL250073. 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.
*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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.