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

>

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

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

Description

This 16th-floor apartment in X1 Media City Tower B offers a fantastic investment opportunity in the heart of MediaCityUK. The two-bedroom, two-bathroom property comes fully furnished and has a tenancy currently in place, generating immediate rental income of £1,300 per month. The apartment features floor-to-ceiling windows with far-reaching views, an open-plan kitchen/living area, and two good-sized bedrooms with an ensuite to the master bedroom. The building has a range of facilities for residents, including an onsite gym, cinema room, and communal kitchen/dining facilities. The property is well-connected via the Metrolink, with its own dedicated tram stop at Harbour City. The sale includes a car parking space, which can generate an additional £75 per month in rent. The service charge for 2025 is £2,452, and the X1 Lettings Management Fees are 9% plus VAT of the rent achieved. The property is available with a 975-year lease, commencing on January 1, 2016, and a ground rent of £250 per annum.
Finance This Property