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Studio
Michigan Avenue, Salford M50
£125,000
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Our Summary
- 16% Gross YieldA fantastic investment opportunity in Salford Quays
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Description
The property is a fully furnished studio apartment in X1 Media City, Tower 1, with an open-plan design and panoramic views of MediaCityUK. It features on-site gym, 24/7 concierge, and communal spaces. The apartment is tenanted at £850 pcm until March 2027, with approximately 975 years remaining on the lease.
It has a gross yield of 8.16% based on a £125,000 price, and additional costs include a service charge of £886.96 p.a. and ground rent of £350.00 p.a.