Michigan Point Tower B, 11 Michigan Avenue, M50
- PROPERTY TYPE
Flat
- SIZE
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Description
9.4% Gross Yield | Tenant in Situ at £1,250 pcm | 14th Floor, Michigan Point Tower B
A turnkey investment in the heart of MediaCity. This two-bedroom, two-bathroom apartment on the 14th floor of Michigan Point Tower B is let to an established tenant at £1,250 pcm (£15,000 per annum), offering immediate income with no void period.
Investment Summary
9.4% gross yield at the asking price
Tenant in situ at £1,250 pcm, in place
Service charge: £2,752.64 per annum
Ground rent: approx. £380 per annum
Leasehold: [999]-year lease from 1 January 2016, approx. [989] years remaining
EWS1 form in place, A1 rating
Professional management company in place
The Apartment
Two double bedrooms and two bathrooms
Open-plan living area with modern fitted kitchen
Excellent natural light and city views from the 14th floor
Sold furnished, including all white goods
Building & Location
Free 24-hour residents’ gym, overnight security and secure bike storage
Harbour City tram stop directly outside, with fast links to Manchester city centre
Sainsbury’s on the ground floor
MediaCity’s offices, bars and restaurants on the doorstep, supporting consistent tenant demand
Full tenancy details are available on request. Please contact X1 Sales & Lettings to arrange a viewing or request the investment pack.
Images may reflect similar property please contact for exact images and reports
An exceptional opportunity to secure a stylish apartment in one of Manchester’s most exciting and well-connected locations, either as a turnkey investment or a contemporary city home.
Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
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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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Visit our security centre to find out moreDisclaimer - Property reference 7861369c-99fd-4d31-b08a-a62af862eb7d. 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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