Michigan Avenue, London M50

GBP 125,000
For Sale

Property Details

Bathrooms

1

Property Type

Studio

Description

Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 1

Agent: Nest Seekers UK - Mayfair Phone: 020 4568 9926

<p><br/></p><p>A fantastic investment opportunity in Salford Quays! This fully furnished, modern studio apartment in the prestigious X1 Media City development is tenanted at £850 PCM until March 2027, offering a strong and stable income.</p><br/><p>Studio | £850 PCM Rent | Tenancy until Mar 2027<br/><strong>Gross Yield: 8.16%</strong> based on £125,000 price<br/>Open-plan design with panoramic views of MediaCityUK<br/>On-site gym, 24/7 concierge, and communal spaces<br/>Steps from MediaCityUK tram stop with easy access to Manchester City Centre</p><br/><p><strong>Additional Details:</strong><br/>Lease: Approx. 975 years remaining<br/>Service Charge: £886.96 p.a.<br/>Ground Rent: £350.00 p.a.<br/>Council Tax: Band B<br/>EPC: B</p><br/><p>Located close to BBC, ITV, The Lowry Theatre, and various shops and restaurants, this is an ideal, hands-off investment in one of Greater Manchester’s most popular rental markets.</p><br/>

Location

Address

Michigan Avenue, London M50

City

London M50

Features and Finishes

None

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