Modern Studio Apartment in X1 Media City, Tower 1 – Tenanted Investment with 8.16% Gross Yield
| Website: | https://www.nestseekers.com/3768142 |
|---|---|
| Address: | 9 Michigan Ave Salford, Greater Manchester M50 2HD United Kingdom |
| Floor: | 12th |
| Furnished: | YES |
|---|---|
| Ownership: | Apartment |
| Type: | Studio |
| Rooms: | 1 |
| Bathrooms: | 1 |
| Area: | 30 m² (323 sq ft) |
| Tenure: | Leasehold |
| Tenure Years Left: | 974 |
| Price Qualifier: | Guide Price |
| Council Tax Band: | TBC |
| Energy Certificate Rating: | B |
Financials
Description
A fantastic investment opportunity in Salford Quays! This fully furnished, modern studio apartment in the prestigious X1 Media City development is tenanted at £850 PCM until March 2027, offering a strong and stable income.
Studio | £850 PCM Rent | Tenancy until Mar 2027
Gross Yield: 8.16% based on £125,000 price
Open-plan design with panoramic views of MediaCityUK
On-site gym, 24/7 concierge, and communal spaces
Steps from MediaCityUK tram stop with easy access to Manchester City Centre
Additional Details:
Lease: Approx. 975 years remaining
Service Charge: £886.96 p.a.
Ground Rent: £350.00 p.a.
Council Tax: Band B
EPC: B
Located close to BBC, ITV, The Lowry Theatre, and various shops and restaurants, this is an ideal, hands-off investment in one of Greater Manchester’s most popular rental markets.
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London City | 1 Cornhill, London EC3V 3ND, United Kingdom. Phone: +44 20 7190 9737 |
