Studio Flat For Sale £114,950
This stunning 2nd floor studio apartment features a contemporary open plan living, dining and sleeping area with large windows offering breath-taking views of the surrounding areas and a high spec, fully integrated kitchen. There is a separate 3-piece bathroom, as well as ample storage space. X1 Media City is in high demand and features fantastic communal facilities such as a secure entry system with intercom access, a state-of-the-art private onsite residents’ gym as well as a communal cinema room.
Located in Salford Quays - the newly dubbed ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep as well as having easy access to Manchester city centre via the Harbour City Metrolink tram stop which sits at the foot of the development. The area is understandably known as one of the UK’s buy-to-let hotspots and tenants are desperate to live in X1 Media City. This area offers the ultimate cosmopolitan lifestyle experience for the many people who call the stunning Salford Quays waterfront home, proving that this is, by any measure, one of the most attractive places to live in the UK, and the overwhelming tenant demand only goes to confirm this.
MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the bbc and itv, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 35% in the last 5 years alone. (Zoopla – June 2019) making it one of the most popular buy-to-let hotspots in the UK!
Financial Breakdown
Gross rent: £7,500
Ground rent: £250
Service charge: £680
Lettings fees: £0
Net income: £6,570
Gross yield: 6.52%
Net yield: 5.72%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16098
Located in Salford Quays - the newly dubbed ‘Canary Wharf of the North’ - residents have access to a host of restaurants, bars and shops right on their doorstep as well as having easy access to Manchester city centre via the Harbour City Metrolink tram stop which sits at the foot of the development. The area is understandably known as one of the UK’s buy-to-let hotspots and tenants are desperate to live in X1 Media City. This area offers the ultimate cosmopolitan lifestyle experience for the many people who call the stunning Salford Quays waterfront home, proving that this is, by any measure, one of the most attractive places to live in the UK, and the overwhelming tenant demand only goes to confirm this.
MediaCityUK is a dynamic commercial centre, currently home to more than 8,700 businesses which employ over 127,000 people making MediaCityUK one of the best locations for young professional renters in the UK right now. Media City is the home of major corporations such as the bbc and itv, making the area the home to innovative technologies and a desirable location to invest. It is no surprise that there is a high demand of people wanting to move to this stunning waterfront locale, reflective on the house prices in the area which have seen a rise by over 35% in the last 5 years alone. (Zoopla – June 2019) making it one of the most popular buy-to-let hotspots in the UK!
Financial Breakdown
Gross rent: £7,500
Ground rent: £250
Service charge: £680
Lettings fees: £0
Net income: £6,570
Gross yield: 6.52%
Net yield: 5.72%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16098
