>
Media City, Michigan Point Tower B... 2 bed flat for sale
Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
£215,000
Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
£215,000
Our Summary
- Exciting investment opportunity in Michigan Point Tower B
- A fantastic investment opportunity for anyone seeking a hands off management investment
- Rent achievable: £1,300 pcm suitable investment opportunity
Description
This 16th-floor two-bedroom apartment in X1 Media City Tower B, Michigan Point, is an exciting investment opportunity. The property comes fully furnished with a tenancy currently in place, ensuring immediate rental income. The apartment features an open-plan kitchen/living area, two good-sized bedrooms, and an en-suite to the master bedroom. The building has a range of facilities, including an on-site gym, cinema room, communal kitchen/dining facilities, and launderette facilities. With a secure underground parking space, car parking space achieves an extra £75 per month, and the property is well connected via the Metrolink with its own dedicated tram stop. The apartment is available for sale with a rent achievable of £1,300 per month, and X1 Lettings Management Fees are 9% plus VAT (of rent achieved). The lease terms are 975 years less 5 days commencing on 01.01.2016, with a ground rent of £250 per annum.