0 Bed Not Specified For Sale

Michigan Avenue, Salford

M50 2HA

£105,000

Added 07 Nov 2025

Property Details

Property Type

Not Specified

Bedrooms

0

Location

M50

Description

Stunning 5th floor studio apartment, in the heart of MediaCityUK. Ready made investment with tenant and management company in place!


X1 Presents: 5th Floor Studio Apartment at MediaCity Tower A

Property Details
Located in the vibrant MediaCityUK
Studio apartment, ideal for working professionals
Secure entry with CCTV
EWS1 approved – no cladding works required

Furnishings & Appliances
Fully furnished
Indesit oven and fridge/freezer
Modern interior design
Hyperoptic broadband installed

Charges & Investment
Asking price: £105,000
Rental income: £895 pcm
Full letting management: 9% + VAT
Ground rent: £250 per annum (subject to lease increases)

Long Lease -
975 years less 5 days commencing on 01.01.2016

Service charge: £1,267.23 per annum
Gross yield: ~10.2%
Net yield (after costs): ~7.7%

Facilities
On-site gym
Cinema room
Communal kitchen, laundry room, and balcony spaces

Local Area
Harbour City tram stop on the doorstep
MediaCityUK including BBC, ITV, Booths, Lowry Shopping & Theatre
Variety of local bars and restaurants
Quayside location with scenic views

Tenancy Details
Currently tenanted at £895 per month
Long-term tenant on a rolling contract (providing flexibility for sale)

Location

Map showing M50 2HA

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting X1 Sales & Lettings directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

X1 Sales & Lettings

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