2 bedroom flat for sale

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2 bedroom flat for sale

Michigan Point Tower, Michigan Avenue, Salford, M50
£200,000

Price History

Initial price £220,000
19/11/24 £200,000
Price Change -9.09%

Description

This 16th floor corner apartment at Michigan Point Towers in Salford Quays offers stunning views over the Quays towards Old Trafford Football Ground. The property is a beautiful two double bedroom, two bathroom apartment with dual aspect full height windows and is ideal for investors. With a current rental income of £15,600 per annum, the property generates immediate income until July 2025. The apartment features an open plan lounge/dining/kitchen, main bedroom with en-suite, second double bedroom, and a bathroom. The property benefits from an on-site gym, cinema room, and a Sainsburys Local on the ground floor. With a net income of £11,532.40 per annum and a net yield of 6%, this is a superb opportunity for buy-to-let investors at a desirable price.