>
1 bedroom property for sale
Media City, Michigan Point Tower A, 9 Michigan Avenue, Salford, M50
£105,000
Media City, Michigan Point Tower A, 9 Michigan Avenue, Salford, M50
£105,000
Our Summary
- Cash Buyers Please
Description
This stunning 5th floor studio apartment in MediaCityUK is a ready-made investment opportunity, complete with a tenant and management company in place. The property boasts a modern interior design, fully furnished with appliances, and hyperoptic broadband installed. With a secure entry system and CCTV, this apartment offers a safe and convenient living space. The asking price is £105,000, with a rental income of £895 per month, providing a gross yield of 10.2% and a net yield of 7.7% after costs. The property is located in the heart of MediaCityUK, with a tram stop on the doorstep and access to local bars, restaurants, and shops. The long-term tenant is on a rolling contract, providing flexibility for the sale. With a long lease and minimal service charges, this property offers a hassle-free investment opportunity.