Picture No. 09

Studio Flat For Sale £65,000
Michigan Point Tower, 11 Michigan Avenue, Salford, Greater Manchester, M50


Description
FOR SALE BY ONLINE AUCTION ON TUESDAY 3RD OCTOBER 2023

*GUIDE PRICE £65,000+

*Tenanted Investment Opportunity*
A tenanted upper floor studio apartment which forms part of the popular X1 Media City development which is ideally situated for the amenities of Salford Quays and MediaCity with the adjacent Harbour City Metrolink stop.

Currently achieving £630 pcm, representing a gross return yield of over 11.5% based on the guide price.
The property offers an semi open plan living area/kithen, double bedroom and shower room.

We are advised that beyond the contents of the legal pack documentation the Sellers solicitors are unable to address any further enquiries – prospective bidders are advised to satisfy themselves entirely in relation to the documentation prior to registration and make their own further investigations as necessary.

Ground Rent: £250.00 per annum
Service Charge: Approximately £780
Lease: Approximately 969 remaining


Follow the link for more information:
        
onthemarket.com

  
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