Studio for sale

Michigan Point Tower A, 9 Michigan Avenue, Salford Quays M50

8.1% gross yield. A spacious studio apartment on the 18th floor of an iconic development in Salford Quays/MediaCity with stunning views across the manchester skyline. **investment opportunity. Tenanted with A rental income of £850 per month | £10,200 per annum** EWS1 Available. Mortgage Buyers Welcome.

The modern studio apartment is offered Furnished and provides 325 sq.ft of accommodation comprising hallway with storage and utility cupboards, living space with floor to ceiling windows, compact kitchenette with integrated oven, hob and under counter fridge and a fully-tiled three piece bathroom suite. Residents can also enjoy access to a communal lounge and on-site gymnasium. EPC rating B (83).

Michigan Tower A sits in a prime location just minutes from Salford Quays and MediaCityUK with a host of amenities close by including shops, bars and restaurants as well as BBC and itv studios and offices. For commuters further afield, the property sits across from Harbour City Tram Station providing instant access to Manchester City centre & Manchester Airport whilst the M602 motorway is just a short drive away.

Important Information

Tenure: Leasehold
Service Charge: £1,000 per annum
Ground Rent: £250 per annum
Lease: 975 years (less 5 days) from 01 January 2016
Council Tax Band: B
Management Company: Haymarket