3 bedroom flat for sale

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

£220,000

Property Description

Key features

  • Tenanted For Instant Income
  • Three Bedroom Two Bathroom Apartment
  • Resident gymnasium
  • Shops and amenities
  • Close to public transport
  • Fully furnished

Full description

The local area could not be a better environment for buy-to-let investors. The ongoing rise of MediaCityUK – home to the BBC and ITV amongst others – has created a unique and vibrant locale in Salford Quays which is perfect for the sort of young professional renters so desired by landlords.

Tenants will be only a short walk from all the local shops, bars and restaurants, and are also approximately 15 minutes away from Manchester city centre via the convenient local Metrolink tram service. It is no wonder that the population of Salford is booming, and apartment prices are growing at a similar pace.

Currently tenanted, investors can enjoy an immediate income on this well-priced apartment. Enquire today for further details.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £15,000
Ground rent: £250
Service charge: £1,928
Lettings fees: £1,440
Net income: £11,382
Gross yield: 6.82%
Net yield: 5.17%

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-12268


Listing History

Added on Rightmove:
03 April 2019

Nearest stations

  • Harbour City (0.0 mi)
  • Broadway (0.1 mi)
  • Anchorage (0.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Harbour City (0.0 mi)
  • Broadway (0.1 mi)
  • Anchorage (0.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference YL-12268. 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 yieldit, Manchester. 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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