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Studio, in Michigan Avenue, £125,000
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Studio

Michigan Avenue, London M50
£125,000

Our Summary

  • A fantastic investment opportunity in Salford Quays

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Description

The property is a modern studio apartment in the X1 Media City development, with a tenancy at £850 PCM until March 2027, providing a 8.16% gross yield based on a £125,000 price. It features an open-plan design with panoramic views of MediaCityUK, on-site gym and concierge, and communal spaces. The property is located steps from the MediaCityUK tram stop and has easy access to Manchester City Centre.

It has a long lease with 975 years remaining, and additional costs include service charge (£886.96 p.a.), ground rent (£350.00 p.a.), and council tax (Band B).