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2 bed property, in Media City, £175,000
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2 bed flat

Media City, Michigan Point Tower A, 9 Michigan Avenue, Salford, Salford, M50
£175,000

Our Summary

  • Two-Bedroom Apartments | Michigan Point Tower A | Tenants in situ | Attractive yields for investment | Select Units inclusive of Car Parking | Salford Two-Bedroom Apartments | Michigan Point Tower A | Tenants in situ | Attractive yields for investment | Select Units inclusive of Car Parking | Salford A fantastic investment opportunity for anyone seeking a hands off management investment

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Description

The property is a two-bedroom apartment in Michigan Point Tower A, located in Salford, with a tenant in place. The apartment has an open plan kitchen/living area, two good-sized bedrooms, and an ensuite to the master bedroom. White goods and furniture are included in the sale.

The building has facilities such as an on-site gym, cinema room, communal kitchen/dining facilities, and launderette. The apartment is connected to the Metrolink and has its own dedicated tram stop. Select units are inclusive of car parking, which achieves an extra £85-£100 per month in rent.

The lease term is 975 years less 5 days, commencing on January 1st, 2016, and the ground rent is £250 per year.