Michigan Avenue, Manchester, Greater Manchester, M50
KN

Michigan Avenue, Manchester, Greater Manchester, M50

By Knight Knox

£ 152,995

Reviews

2 out of 5 stars

Knight Knox says ..

**EXCELLENT BUY-TO-LET INVESTMENT | RESIDENTIAL APARTMENTS**: MediaCityUK investment opportunity. X1 Media City Tower 4 includes a selection of spacious studio apartments across the 26 floors of this development in one of the UK's best buy-to-let markets. **CONTACT NOW FOR DETAILS**

Property Oracle says ..

This listing presents a studio apartment in MediaCityUK, Salford, a vibrant and increasingly popular area known for its media and technology industries. The property benefits from the convenience of this location; proximity to public transportation, schools, and amenities. The images suggest a modern, well-maintained interior. However, a lack of key information, such as the specific floor level, building, and the inclusion of any amenities (parking, etc.), presents some uncertainty. The absence of bedrooms and bathrooms needs further clarification. This property’s price point is noticeably lower than comparable apartments in the immediate area. While this might seem attractive, a thorough investigation is necessary to understand the reason for this price discrepancy and ascertain whether it represents genuine value or reflects a hidden disadvantage. Potential buyers should prioritize obtaining comprehensive details about the property’s specific features, its precise location within the development, the associated service charges, and any other costs that might affect the overall value proposition. Given that the information regarding SQFT and plot size is incomplete, it is not possible to conduct an in-depth assessment of its value per square foot compared to neighbouring properties.

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
6
Condition
7
Location
8
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
290.63

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 £
Est sale value
130,492.87 £
Increased by 22.34 %
from 106,661.21 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est letting value
581.26 £/mo
Increased by 100.00 %
from 290.63 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Knight Knox created the listing.

Nearby Schools

NameTypeOfstedDistance
Aldridgeutc@MediacityukUniversity Technical College0.35 KM
Oasis Academy MediacityukAcademy Sponsor LedGood1.13 KM
Langworthy Children'S CentreChildren's Centre Linked Site1.15 KM
Lark Hill Community Primary SchoolCommunity SchoolRequires improvement1.24 KM
Willow Tree Primary SchoolCommunity SchoolGood1.37 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF1.35 KM
Salford Crescent2794SLD2.42 KM
Trafford Park2969TRA2.84 KM
Salford Central2798SFD4.40 KM
Humphrey Park2937HUP4.46 KM

Nearby Properties

AddressPriceDistance
2 Winnipeg Quay £ 34,9850.36 KM
82 Winnipeg Quay £ 124,0000.36 KM
38 Winnipeg Quay £ 75,0000.36 KM
12 Winnipeg Quay £ 157,0000.36 KM
35 Winnipeg Quay £ 95,0000.36 KM