Media City, Michigan Point Tower D... 2 bed flat for sale

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Media City, Michigan Point Tower D... 2 bed flat for sale

Media City, Michigan Point Tower D, 18 Michigan Avenue, Salford, M50
£234,999

Price History

Initial price £245,000
26/04/25 £234,999
Price Change -4.08%

Description

Investor Opportunity: A high-yield 2-bedroom apartment in X1 Media City Tower D, a completed development in the heart of MediaCityUK, is available for sale. The apartment is currently generating £1,375 per month in rental income, ensuring immediate returns. With a long lease of 975 years from January 2023 and a ground rent of £350 per year, which increases with RPI every 5 years, this investment offers long-term security. The apartment is fully furnished and features high-spec finishes, with stunning views from its 13th-floor location. Onsite amenities include a gym, cinema room, and co-working space, and the development is situated opposite Harbour City tram stop, offering excellent transport links. With a 2-minute walk to MediaCityUK and its lively cultural scene, this turnkey investment is expected to generate strong rental returns and offer future growth potential.