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X1 Michigan Tower

Manchester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q4 2024

Two Bed Apartment

£267,995.00

Three Bed Apartment

£330,995.00

  • Salford Quays Waterfront location
  • Prices From Just £235,995
  • 6% net assured rental income
  • Additional developer incentives
  • Excellent developer track record
Purchase Process

Investment Highlights

  • Prices from just £235,995
  • Array of onsite facilities
  • Perfectly located in MediaCity UK
  • 6% net assured rental income 
  • New developer incentives now on offer 
  • Great potential capital growth
  • Award winning developer
  • 999 year leasehold from 2022
  • Award winning management company in place
  • Car parking spaces available on selected units
  • One, two and three bed furniture packages available

Investment Breakdown

  • Leasehold: N/A
  • Ground rent: £395 per annum
  • Service charge: Estimated at £1.88 per square foot
  • 1 bed furniture pack: £2,995
  • 2 bed furniture pack: £3,995
  • 3 bed furniture pack: £4,995
  • Estimated Completion: Q4 2024

Market Key Facts

  • Sales price growth estimated 17.1% increase in the next 5 years
  • Average rent in Manchester is £1145
  • Rental growth estimated 16.5%
  • Average house price is £173,400
  • 84% increase in jobs between 2002 & 2020

X1 Michigan Tower - Overview

Pure Investor are delighted to present X1 Michigan Tower, a luxury residential development comprising of 375 studio, one and two bedroom apartments and townhouses, located in Manchester.

X1 Michigan Towers is an exciting new flagship development, which is set to change the Manchester skyline. This new development features four iconic towers, each with unique façades and stunning architectural design.

This unique development captures the essence of city living while offering the very best of a tranquil quayside location. Whatever your mood you will not struggle to find something to keep you entertained or relaxed after a long day with X1 Michigan Towers range of on site amenities including a gymnasium and cinema room.

Purchase Process

  • Reserve your unit with a signed reservation form and pay a £5,000 reservation fee
  • 25% deposit due on exchange of contracts (less reservation fee) and 50% off furniture pack within 21 days of reservation
  • 10% stage payment due and remaining 50% of furniture pack 6 months after exchange of contracts
  • Remaining balance due on completion

X1 Michigan Tower - Key Points

Location

Location

Manchester, United Kingdom

Bedrooms

Bedrooms

2 / 3 bedrooms

Price

Price

£267,995.00

Completion

Completion

Q4 2024

Rental Yield

Rental Yield

Up To 6%

Video - X1 Michigan Tower

Development Availability

PropertySizeBedroomsPriceEnquire
Two Bed Apartment635 square foot2£267,995.00Enquire
Three Bed Apartment-3£330,995.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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X1 Michigan Tower - Location

Situated in the heart of MediaCityUK in the iconic Salford Quays, home to Coronation Street as well as the likes of the BBC, ITV, Ericsson and Kellogg’s, this new phase of development complements the existing towers, and fits perfectly within the bustling business and leisure community.

X1 Michigan Tower is also ideally located just a short distance from a wide variety of local shops, bars and restaurants making it ideal for tenants looking to fully embrace the Manchester lifestyle and culture.

Nearby Amenities

  • MediaCityUK - 3 minute walk
  • The Lowry Mall/Theatre - 4 minute walk
  • Manchester United - 20 minute walk
  • Oldsall Park - 23 minute walk

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Manchester

In recent years Manchester and Salford have undergone significant regeneration programmes which have led to a thriving economy and rental market.

Manchester itself is a buy-to-let hotspot with international recognition as huge numbers of young people flock to the city, pushing up property prices and increasing demand for luxury apartments.

Manchester has great rail connections, with three major train stations in the city centre and London being just two hours away. The new High-Speed Railway, HS2, will ensure great connections to the capital and halve the journey time.

  • Sales price growth estimated 17.1% increase in the next 5 years
  • Average rent in Manchester is £1145
  • Rental growth estimated 16.5%
  • City centre house prices have increased by 27% since 2015
  • House prices are 176% higher in London

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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