X1 Media City Tower 1 Buy to Let Property Manchester
X1 Media City Tower 1 Buy to Let Property Manchester
X1 Media City Tower 1 Buy to Let Property Manchester
X1 Media City Tower 1 Buy to Let Property Manchester
X1 Media City Tower 1 Buy to Let Property Manchester

X1 Media City Tower 1, 9 Michigan Ave, Salford, M50 2HD

X1 Media City offers investors a great opportunity for capital appreciation, as it is the largest residential development in the North-West consisting of four iconic towers, containing a mixture of apartments. The location at MediaCityUK, found in the heart of Salford Quays, was crowned by The Guardian in 2014 as the “UK’s Property Hotspot”, due to its property values having risen faster than anywhere else in the country. In July 2014, Salford even out-did the capital by nearly 4%, showing an annual growth rate as high as 12%. This large rise has been attributed largely to the relocation of British broadcasters, such as the BBC and ITV to the MediaCityUK development.

What Is Available?

This hi-spec 3 bedroom, 2 bathroom luxurious property benefits from its popular location, underground parking, a private gymnasium and an on-site cinema. As well as spectacular views over the city centre MediaCityUK. Furniture is available upon negotiation with the current owner - this property within MediaCityUK will be worth considering.  

Re-Sale Highlights:

  • Development Completion Date: 2016
  • Residential, Student, Mixed Use: Residential
  • Rental Occupancy History: Used as Residential Occupancy, never tenanted.
  • Rental Amount: £1,350/£1,450 including parking
  • Apartment Details: 18th floor 
  • Apartment Type: 3 Bedrooms, 2 Bathrooms
  • Rental Guarantee: None
  • Lease: 975 years from January 2016
  • Ground Rent: £250
  • Service Charge: £2,453.36 per annum 

Images shown are examples of apartment finishes within the entire block and may not be the exact apartment purchased.

View more of our resale property investments here. 

*Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase.

**The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase.

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Key Features

Popular Location
Underground Car Parking Space Included
Ideal for Capital Appreciation
Spectacular Views over Manchester
Professional Residential Development
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