Studio Flat For Sale £110,000
Yieldit are pleased to present a selection of studio, one bedroom and three bedroom apartments in the premium development of Michigan Point Tower B. The apartments have been finished to an excellent standard and are able to capture the huge rental appetite in this area. 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.
Studio apartments from £110,000 - 5.29% net
One bedroom apartments from £140,000 - 4.9% net
Three bedroom apartments from £230,000 - 4.6% net
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. 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.
Interested? Take a look at the financial projections below based on a second floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £7,500
Ground rent: £250
Service charge: £680
Lettings fees: £750
Net income: £5,820
Gross yield: 6.82%
Net yield: 5.29%
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-16988
Studio apartments from £110,000 - 5.29% net
One bedroom apartments from £140,000 - 4.9% net
Three bedroom apartments from £230,000 - 4.6% net
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. 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.
Interested? Take a look at the financial projections below based on a second floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £7,500
Ground rent: £250
Service charge: £680
Lettings fees: £750
Net income: £5,820
Gross yield: 6.82%
Net yield: 5.29%
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-16988
