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Michigan Tower

Salford , United Kingdom

£260,000.00

Investment Type: BUY-TO-LET

Est. Completion: AVAILABLE

  • 3 Bedrooms & 2 Bathrooms
  • On Site Gym Facilities
  • Situated In The Heart Of Salford Quays
  • On Site Cinema Room
  • On Site Gym Facilities
  • Ideal For Owner Occupiers & Buy-To-Let Landlords

Pure Investor brings to the market this stunning three-bedroom apartment set in the heart of Salford Quays. Ideal for first-time buyers, young professionals and buy-to-let landlords looking for a move-in-ready property. The apartment is within walking distance of all that Salford Quays and Media City have to offer including bars, restaurants, supermarkets and general local amenities. Harbour City, Broadway and Anchorage tram stops are all within walking distance. The property has a gymnasium, television room and outside space for the use of all the residents.

INVESTMENT INFORMATION
- Asking price: £260,000.00
- Currently vacant. The landlord is in the process of looking for a new tenant but is happy to keep their options open to a potential buyer.
- Expected rental income: £1,600.00pcm (£19,200.00 per annum)
- Expected gross yield: 7.4%
- Expected net yield: 6.0%
- Leasehold: 975 years from 2016
- 2024 Service charge: £3,474.23 per annum
- Ground rent: £250.00 per annum
- Council tax band: D
- EPC rating: B
- 3rd floor

Video - Michigan Tower

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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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

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