Media City, Michigan Point Tower A... 2 bed flat for sale

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Media City, Michigan Point Tower A... 2 bed flat for sale

Media City, Michigan Point Tower A,, 9 Michigan Avenue,, Salford, Salford, M50
£185,000

Our Summary

  • Offering uninterrupted views of the Quays and Old Trafford, this property combines modern city living with excellent investment potential

Description

This stunning 25th-floor apartment in MediaCityUK offers a unique investment opportunity with a net yield of 7.3%. The property is fully furnished and features modern appliances, with hyperoptic broadband installed. The apartment is situated in the heart of MediaCityUK, with harbour city tram stop directly outside and on-site gym and cinema room. The property has a long lease, with 975 years remaining, and an EWS1 A1 rating. The current tenant is in situ, paying £1,350 per month, and the annual rental income is £16,200. After deducting annual costs, the net income is £13,415.53. With its excellent location, modern amenities, and high rental yield, this property presents a fantastic opportunity for investors.