Michigan Avenue, Salford, Greater Manchester, M50 2HA | Property for sale | Savills
458 sq ft(42.55 sq m)
Guide price £140,000(€159,630)

Michigan AvenueSalford, Greater Manchester, M50 2HA

    Key features

    • Investors only
    • Gross Yield 7.7%
    • Tenanted until August 2024 for £900 per calendar month
    • EWS1 Form available
    • Ninth Floor
    • Modern development
    • Beautifully maintained

    Available for investment only and currently achieving a gross yield of 7.7%. Stunning one bedroom apartment in the highly sought after Michigan Point development.

    About this property

    • Savills are delighted to present a 9th floor one double bedroom apartment in the highly sought after Michigan Point development.

      Boasting far reaching views towering over Salford Quays, Michigan Point is a striking apartment complex that has proven hugely popular with Manchester and Salford's growing working professional populace.

      Briefly, the property comprises of an entrance hallway with a modern three piece suite bathroom, open plan living and kitchen space, and a spacious double bedroom.

      Currently tenanted for £900 per calendar month until August 2024 and achieving a gross yield of 7.7%.

      EWS1 Form available.

      This property has/may have cladding, as far as we know the
      current position with the property is:
      It's been tested and there are no works required.
      * You should make enquires about the external wall system
      of the property, if it has cladding and if it is safe or if there
      are interim measure in place.

      View payable Stamp Duty for this property

    Beautifully maintained and some far reaching views over The Quays make this apartment really stand out!

    Ryan GriffinProperty agent

    Local information

    • Michigan Point sits in a desirable Salford Quays location close to all Media City has to offer. Harbour City tram stop (0.1m) is located directly outside the development offering excellent connectivity in and around Manchester.
    • The picturesque water front of the Quays is also situated nearby (0.2m), offering a serene and peaceful setting to relax close to home.
    • You are also not far from sport and entertainment options. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 1.1m and 4.4m away respectively.
    • For cultural activities locally, residents are situated near to Media City (0.4m) which offers a variety of leisure and nightlife activities.
    • Please note all distances quoted are approximate.

    Additional information

    • Service charge: £1,516.64 per annum
    • Ground rent: £250 per annum
    • Ground rent review method and date of review: Currently being amended to in line with RPI, next review date Dec 2025
    • Lease expiry date: 01/01/2991
    • Council tax: Salford council, Band C
    • EPC Rating: B
    • Tenure: Leasehold. Lease Expiry: 01/01/2991 (967 years remaining)
    • Service Charge: £1,516.64pa
    • Ground Rent: £250.00pa (review date TBC)
    • Council Tax Band: C