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Guide price

£125,000

Studio for sale
Michigan Avenue, Salford M50

    • 1 bath

  • EPC Rating: B

Unfurnished
Added on 07/11/2025

About this property

    Modern Studio Apartment In X1 Media City, Tower 1 – Tenanted Investment With 8.16% Gross Yield

    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.

    Studio | £850 pcm Rent | Tenancy until Mar 2027
    Gross Yield: 8.16% based on £125,000 price
    Open-plan design with panoramic views of MediaCityUK
    On-site gym, 24/7 concierge, and communal spaces
    Steps from MediaCityUK tram stop with easy access to Manchester City Centre

    Additional Details:
    Lease: Approx. 975 years remaining
    Service Charge: £886.96 p.a.
    Ground Rent: £350.00 p.a.
    Council Tax: Band B
    EPC: B

    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.

    Energy Efficiency Rating

    EPC rating: B

    Mortgage calculator

    Monthly repayment

    £625 per month

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    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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