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, M50
£200,000

Our Summary

  • Prime BTL Investment Opportunity – 6

Description

This spacious, furnished two-bedroom apartment is located on the 13th floor of Media City Tower A, a prime BTL investment opportunity with a tenant in situ until June 2025. The property generates £1,300 PCM, offering a gross yield of approximately 6.6% based on the asking price of £200,000. The apartment is fully furnished and situated in the heart of MediaCityUK, a top rental hotspot with excellent amenities and transport links. The development offers a range of resident amenities, including a free on-site gym, cinema room, communal kitchen and balcony spaces, and secure bike storage. The property is managed by an onsite team and has a dedicated account manager for ease of ownership. With a 5-year RPI review cycle and a long lease until 01.01.2016, this is an attractive investment opportunity for professionals working in the area, including those at the BBC, ITV, and local digital hubs.
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