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

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

Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
£199,950

Our Summary

  • A fantastic investment opportunity for anyone seeking a hands off management investment

Description

This two-bedroom apartment is available for sale on the 12th floor of Media City Tower B, fully furnished and with a long-term tenant in place. The property has a fantastic investment opportunity, with a guaranteed rental income of £1,300 per month until October 2025. The apartment has an open-plan kitchen and living area, two bedrooms, and an en-suite bathroom. The building has a range of facilities for residents, including a gym, cinema room, and communal kitchen and dining areas. The property is well-connected via the Metrolink, with its own dedicated tram stop at Harbour City. The service charge for 2025 is £2,441.16 per annum, and the lease terms are 975 years less 5 days, commencing on January 1, 2016. The ground rent is £250 per annum, with a review date of December 31, 2024.