Michigan Avenue, Manchester, Greater Manchester, M50
By Knight Knox
£ 159,995
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 property is a studio apartment located in the MediaCityUK area of Salford, Greater Manchester. MediaCityUK is a modern, rapidly developing area known for its media and technology businesses. This offers excellent transport links, including proximity to train stations and the Metrolink tram system. The area also benefits from several schools, including Oasis Academy MediaCityUK, which is rated “Good” by Ofsted.
The apartment itself, judging by the images provided, appears to be modern and well-presented, featuring contemporary fixtures and fittings and what seems to be excellent views. However, it’s crucial to note that the provided photos may be marketing materials and should not be taken as completely accurate representations. There is a significant lack of information about the property’s specific characteristics, such as the exact size (although SQFT is provided), number of bedrooms, bathrooms and if it comes with parking. These are important factors in determining value and livability.
The provided list price appears lower than comparable properties in the immediate vicinity, which generally command much higher prices, however, this is only in comparison to buy-to-let apartments with more bedrooms, so it is hard to directly compare. Further investigation into the exact specifications of this studio apartment is recommended to fully ascertain its value and to verify the actual current market price. Given the lack of crucial details about the property (no bedrooms or bathrooms mentioned) a thorough in-person viewing and obtaining full property specifics are essential before making any decisions. There is a potential for rental income for investor buyers, however it is hard to evaluate without more information.
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
- 8
- Location
- 7
- 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 %
- Est sale value
- 130,492.87 £Increased by 22.34 %
- Average area rental value
- 1,397.00 £/moIncreased by 10.61 %
- Est letting value
- 581.26 £/moIncreased by 100.00 %
- Est rental Yield
- 5.62 %Decreased by 11.08 %
- Crime Rate
- 0.00 %
Agent Activity
Knight Knox created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Aldridgeutc@Mediacityuk | University Technical College | 0.35 KM | |
| Oasis Academy Mediacityuk | Academy Sponsor Led | Good | 1.13 KM |
| Langworthy Children'S Centre | Children's Centre Linked Site | 1.15 KM | |
| Lark Hill Community Primary School | Community School | Requires improvement | 1.24 KM |
| Willow Tree Primary School | Community School | Good | 1.37 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Quays | £ 0 | 0 | 0.00 KM |
| Ohio Avenue | £ 205,294 | 0 | 0.00 KM |
| Trafford Wharf | £ 0 | 0 | 0.00 KM |
| Joule Close | £ 0 | 0 | 0.00 KM |
| Tweedale Street | £ 125,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester United Football Ground | 2996 | MUF | 1.35 KM |
| Salford Crescent | 2794 | SLD | 2.42 KM |
| Trafford Park | 2969 | TRA | 2.84 KM |
| Salford Central | 2798 | SFD | 4.40 KM |
| Humphrey Park | 2937 | HUP | 4.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Michigan Avenue, Manchester, Greater Manchester, M50 | £ 159,995 | BUY | 5 / 10 | 0.00 KM |
| Michigan Avenue, Manchester, Greater Manchester, M50 | £ 269,995 | BUY | 5 / 10 | 0.00 KM |
| Michigan Avenue, Manchester, Greater Manchester, M50 | £ 152,995 | BUY | 5 / 10 | 0.00 KM |
| Michigan Avenue, Manchester, Greater Manchester, M50 | £ 199,995 | BUY | 5 / 10 | 0.00 KM |
| Media City, Michigan Point Tower D, 18 Michigan Avenue, Salford, M50 | £ 243,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Winnipeg Quay | £ 230,000 | 0.36 KM |
| 81 Winnipeg Quay | £ 276,000 | 0.36 KM |
| 53 Winnipeg Quay | £ 149,950 | 0.36 KM |
| 21 Winnipeg Quay | £ 245,000 | 0.36 KM |
| 16 Winnipeg Quay | £ 228,000 | 0.36 KM |