No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Investment Opportunity
Guide price£149,995
Added > 14 days

Studio for sale

Michigan Avenue, Salford M50
New build
New home
Save
Studio
0 bed
1 bath
EPC rating: C*
270 sq ft / 25 sq m

Key information

Tenure: Leasehold | 999 yrs left
Ground rent: £0 per annum | review period: unconfirmed
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Mains supply
Heating: Central heating
Electricity: Mains supply
Sewerage: Mains supply
Discover more information

Property description & features

  • Tenure: Leasehold (999 years remaining)
  • Guaranteed 6% NET rental for 5 years
  • High Tech Gym
  • Communal Room
  • Cinema Room
  • Parking Remaining
Luxury living awaits in this newly built waterfront apartment in the heart of Media City, Manchester. The bespoke architectural design is a standout feature in one of the city's most vibrant neighbourhoods. With Manchester currently leading in growth among UK cities, investing in this prime location is a wise choice.


Please see below details:

- Studio apartment at £149,995 on floor 2


- Guaranteed 6% NET rental for 5 years:


- Year 1: £8,999 per annum = £749 per month


- Year 2: £8,999 per annum = £749 per month


- Year 3: £8,999 per annum = £749 per month


- Year 4: £8,999 per annum = £749 per month


- Year 5: £8,999 per annum = £749 per month


- Total rental return over 5 years = £44,940 NET of all management costs


- Plus capital growth expected 3-5% per annum 

When it comes to convenience, this location has it all. A short walk will lead you to bars, restaurants, shopping facilities, and Salford Quays. The tram to Piccadilly Gardens takes just 22 minutes, and Harvey Nichols is only a 15-minute drive away. For groceries, there's a Sainsbury's Local within the building.

Do not miss out on this exceptional opportunity to live in the thriving heart of Manchester. Contact Sovereign International today and let us guide you through the process of securing this stunning property.

Places of interest

    Welcome to Sovereign International Real Estate, where I combine the elegance of luxury property investments with top-notch customer service. My exciting journey began with a vision to cater to the unique needs of my valued private clients in the bustling real estate markets of the UK and Dubai. At Sovereign International, I am a strong believer in the power of listening to my clients, understanding their wishes and turning them into a profitable investment. I am dedicated to help you make wise investments but also to offer you the finest real estate services that you can find. Your dream of owning a brand new property in the UK or Dubai is now closer than ever and I am here to help turn that dream into a reality.

    See more properties like this:

    *DISCLAIMER

    Property reference Studio. 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 Sovereign International Real Estate - Sales.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 23, 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 December 23, 2021

    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: obtained on September 15, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.