Michigan Point Tower A, 9 Michigan Avenue, Manchester, M50 2HB
YI

Michigan Point Tower A, 9 Michigan Avenue, Manchester, M50 2HB

By yieldit

£ 230,000

Reviews

2 out of 5 stars

yieldit says ..

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! A stunning 15th floor, fully furnished three double bedroom apartment in the heart of MediaCityUK, Salford Quays.

Property Oracle says ..

This three-bedroom apartment is situated in the X1 MediaCityUK development in Salford Quays, Manchester. The location benefits from good transport links, with several train stations within reasonable proximity, offering easy access to Manchester city centre and beyond. MediaCityUK itself provides employment opportunities and a vibrant atmosphere, attractive to young professionals and students. The apartment itself appears modern and well-maintained, based on the provided photographs, though it doesn’t appear luxurious. The open-plan living area and modern kitchen are notable features. The three bedrooms each offer good space, especially considering it’s an apartment. The lack of specific information regarding square footage and plot size makes a detailed assessment of value per sqft challenging, but based on comparative listings in the immediate vicinity, the listed price seems reasonably competitive for the area and type of property, especially given that the property is described as already tenanted, suggesting potential rental income. The absence of a garden or outdoor space is a consideration for potential buyers who prioritize this amenity, typical for high-rise apartments. Overall, this property represents a suitable investment opportunity in a desirable location. Potential buyers should conduct their own due diligence before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
3
Bathrooms
2

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
298,335.00 £
Increased by 24.44 %
from 239,734.00 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Aldridgeutc@MediacityukUniversity Technical College0.50 KM
Oasis Academy MediacityukAcademy Sponsor LedGood0.94 KM
Lark Hill Community Primary SchoolCommunity SchoolRequires improvement1.09 KM
Langworthy Children'S CentreChildren's Centre Linked Site1.15 KM
Willow Tree Primary SchoolCommunity SchoolGood1.35 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ohio Avenue £ 205,29400.00 KM
The Quays £ 000.00 KM
Joule Close £ 000.00 KM
Netherland Street £ 000.00 KM
Tweedale Street £ 125,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF1.39 KM
Salford Crescent2794SLD2.23 KM
Trafford Park2969TRA3.02 KM
Salford Central2798SFD4.21 KM
Deansgate2963DGT4.52 KM

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91 Vancouver Quay £ 45,0000.32 KM