Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Description
X1 Sales and Lettings is proud to present this 2 Bedroom , 2 Bathroom Apartment for Sale on the 20th Floor of X1 Media City With Secure Underground Parking Space!
A fantastic investment opportunity for anyone seeking a hands off management investment. The building has the EWS1 and tenant in place, receive rental income IMMEDIATELY!
Located in the heart of MediaCityUK, this apartment is on the 20th floor of X1 Media City Tower B and is situated towards the rear of the building with floor to ceiling windows and far reaching views.
The apartment comes fully furnished with a tenancy currently in place. The open plan kitchen / living area helps to make this a welcome social space with two good sized bedrooms and an ensuite to the master bedroom. White goods and furniture pack included with sale.
X1 Media City Tower B has an EWS1 in place and the building has a fantastic range of facilities for residents to take advantage of including onsite gym, cinema room, communal kitchen / dining facilities and launderette facilities.
The property is well connected via the Metrolink and has its own dedicated tram stop at Harbour City with excellent travel links further afield.
INCOME:
Gross rent: £1,300per month (tenant in place until March 2025).
Car park space achieves an extra £75.00 per month
Service Charge 2024 £2,331.25 / Anum
X1 Lettings Management Fees: 9% plus VAT (of rent achieved)
Lease Terms - 975 years less 5 days commencing on 01.01.2016
Ground rent: £250.00 / Anum
-Review date - 31.12.2024 / 5 year RPI
Council Tax Band C / EPC rated C
NOTE TO PURCHASERS: These particulars are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Property viewings are highly encouraged and neither X1, nor the vendor accept any responsibility of these particulars which are not intended to be statements or representations of fact.
A property inspection to ascertain the correctness of each of the statements contained in these particulars is deemed essential.
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£250 per year
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£2331.25
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: TBC
Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Harbour City Tram Stop0.0 miles
- Broadway Tram Stop0.1 miles
- Anchorage Tram Stop0.2 miles
About the agent
X1 Sales & Lettings, Salford
9 Michigan Avenue, Salford, M50 2HA
Whether you're looking to purchase your first buy-to-let property, build on your existing portfolio, buying for capital appreciation, or simply find your next home, we have properties for sale to suit a wide range of needs. We are proud of the properties that we bring to market and our teams' in-depth knowledge of the local areas helps us to share a breadth of information to help you whatever your investment strategy may be.
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Visit our security centre to find out moreDisclaimer - Property reference SAL230142. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales & Lettings, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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