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Offers in region of
£209,000

2 bedroom flat for sale

Media City, Michigan Point Tower B, 11 Michigan Avenue,, Salford, M50
Flat
2 beds
2 baths
Added > 14 days

Key information

TenureLeasehold
Ground rent£250 per annum | review period: 5 yrs
Service charge£2,331.25 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold
  • EWS1 Approved
  • Tenant in situ
  • Investment property
Spacious 2-Bedroom Apartment Parking in MediaCityUK – Ideal Investment Opportunity!

X1 Sales and Lettings is delighted to present this stunning 2-bedroom, 2-bathroom apartment on the 2nd floor of X1 Media City Tower B. This property, offers a perfect investment opportunity for those seeking a hassle-free, fully managed asset.

Property Highlights:

Prime Location: Situated in the heart of MediaCityUK, this apartment offers convenient access to a thriving business and entertainment hub. The property is ideally positioned with floor-to-ceiling windows showcasing impressive, far-reaching views.

Turnkey Investment: With a tenant already in place paying £1,100 per month, enjoy immediate rental income from day one. The building also has a valid EWS1 certificate, making it compliant with current fire safety standards.

Stylish Living Space:
The apartment is fully furnished and features an open-plan kitchen and living area, creating a welcoming social space. The master bedroom benefits from an en-suite bathroom, and there is a second generously sized bedroom. White goods and a comprehensive furniture pack are included in the sale.

Building Amenities:
Residents can enjoy a range of facilities including an onsite gym, cinema room, communal kitchen/dining area, and laundry facilities.

Excellent transport links with a dedicated Metrolink tram stop at Harbour City, providing easy access to the rest of Greater Manchester and beyond.

Financial Details:
Gross Rent: £1,100 per month (tenant in place)
Service Charge (2024): £2,331.25 per annum.
Ground Rent: £250 per annum (next review date 31.12.2024, subject to 5-year RPI).
Management Fees: 9% plus VAT (of rent achieved).

Lease Terms:
975 years remaining (less 5 days) from 01.01.2016.
Council Tax Band: C
EPC Rating: C

Note to Purchasers: These particulars are intended as a general guide only and do not form any part of an offer or contract. Prospective buyers are encouraged to conduct a personal inspection to verify the accuracy of the information provided.

Viewing Highly Recommended! Contact us today to arrange a viewing and explore this exceptional investment opportunity.

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About this agent

X1 Sales and Lettings - Greater Manchester
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
0161 506 3018
Full profileProperty listings
Welcome to X1 Sales and Lettings! We are a nationwide agency representing over 4000 landlords across the UK and are proud of both the properties in our care and the strong reputation that we have built over the last 10 years.  The X1 team is passionate about providing a level of aftercare that is unparalleled within the market and places high importance on both landlord and tenant relations.  Tenants renting with X1 will receive a resident exclusive loyalty card which gives access to discounts and offers at a range of local businesses across the City.  Landlords benefit from one dedicated point of contact who communicates with property managers, and tenancy care managers to ensure that costs are kept to a minimum and rental income is maximised.  For more information on our services -  or to get started on your home moving journey -  get in touch with a member of the team today.  We are looking forward to working with you! 
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