Property for sale
Key information
Property description & features
- Tenure: Leasehold (966 years remaining)
- None obstructed view overlooking Manchester
- EWS1 in Place
- Tenant in situ at £850.00 pcm
- Investment property
- High Yield
Studio Apartment in Media City Tower A – Ideal Investment Opportunity
Located in the prestigious Media City Tower A, this fully tenanted studio apartment offers a prime investment opportunity with excellent rental returns and long-term growth potential.
Investment Highlights:
Current Rent: Tenant in place paying £850 per month until August 2025.
EWS1 Form: Compliance in place.
Service Charge: £1,282.16 per annum.
Ground Rent: £250 per annum (No doubling ground rent due to deed of variation).
Lease Terms: 975 years less 5 days starting from 1st January 2016.
Council Tax: Band C.
View: Enjoy unobstructed views overlooking Manchester.
Outstanding Facilities:
On-site Gym: 24-hour access for residents at no additional cost.
Cinema Room: Exclusive use for tenants, perfect for relaxation.
Communal Spaces: Shared kitchen and balcony area for socializing.
Secure Entry: 24-hour security, CCTV, and overnight security guard.
Stylish & Modern Living:
Furnished: Fully equipped with modern furnishings and white goods.
Appliances: Indesit oven and fridge freezer included.
Broadband: High-speed Hyperoptic broadband installed.
Prime Location:
Transport Links: Harbour City Metrolink Tram Stop right outside the building, offering direct links to Manchester City Centre and Greater Manchester.
Local Amenities: Steps away from MediaCityUK's vibrant scene including BBC, ITV, Booths, and The Lowry Shopping & Theatre.
Convenience: On-site Sainsbury’s and a fantastic selection of nearby bars and restaurants.
This property is ideal for investors seeking a secure and lucrative opportunity in one of Manchester's most dynamic and sought-after areas.
Places of interest
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
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*DISCLAIMER
Property reference SAL220030. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales and Lettings - Greater Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 4, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.