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2 Bed Flat, Single Let, Salford, M50 2HH £215,000

Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50 2HH - 9 months ago
  1. Deal Search
  2. Salford
  3. M50
  4. M50 2HH
Leasehold
BTL
ROI: 6%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £215,000

February 21, 2025

Floor Plans

Description

  • TWO-BEDROOM APARTMENT +
  • MEDIA CITY TOWER B +
  • 16TH FLOOR +
  • RENT ACHIEVABLE: £1,300 PCM - SUITABLE INVESTMENT OPPORTUNITY +
  • EPC GRADE B +
  • COUNCIL TAX BAND C +
  • UNDERGROUND CAR PARKING SPACE ACHIEVING EXTRA £75 PCM +

Exciting investment opportunity in Michigan Point Tower B! 16th Floor two-bedroom apartment with included car parking space.

X1 Sales and Lettings is proud to present this 2 Bedroom , 2 Bathroom Apartment for Sale on the 16th Floor of X1 Media City With Secure Underground Parking Space!

A fantastic investment opportunity for anyone seeking a hands off management investment. The building has the EWS1 and tenant in place, receive rental income IMMEDIATELY!

Located in the heart of MediaCityUK, this apartment is on the 20th floor of X1 Media City Tower B and is situated towards the rear of the building with floor to ceiling windows and far reaching views.

The apartment comes fully furnished with a tenancy currently in place. The open plan kitchen / living area helps to make this a welcome social space with two good sized bedrooms and an ensuite to the master bedroom. White goods and furniture pack included with sale.

X1 Media City Tower B has an EWS1 in place and the building has a fantastic range of facilities for residents to take advantage of including onsite gym, cinema room, communal kitchen / dining facilities and launderette facilities.

The property is well connected via the Metrolink and has its own dedicated tram stop at Harbour City with excellent travel links further afield.

INCOME:
Rent Achievable: £1,300 pcm.
Car park space achieves an extra £75.00 per month

Service Charge 2025 £2,452 / Anum

X1 Lettings Management Fees: 9% plus VAT (of rent achieved)

Lease Terms - 975 years less 5 days commencing on 01.01.2016
Ground rent: £250.00 / Anum
-Review term -5 year RPI

Council Tax Band C / EPC rated B

NOTE TO PURCHASERS: These particulars are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.

Property viewings are highly encouraged and neither X1, nor the vendor accept any responsibility of these particulars which are not intended to be statements or representations of fact.

A property inspection to ascertain the correctness of each of the statements contained in these particulars is deemed essential.

Agent Details

X1 Sales & Lettings, Salford

0151 453 8069

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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