Michigan Avenue, Manchester, Greater Manchester, M50
KN

Michigan Avenue, Manchester, Greater Manchester, M50

By Knight Knox

£ 269,995

Reviews

2 out of 5 stars

Knight Knox says ..

**IDEAL 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 two-bedroom apartment in MediaCityUK, Salford, presents a modern living space within a vibrant and rapidly developing area. The apartment’s design is contemporary, with high-quality finishes evident in the provided images. MediaCityUK offers excellent transport links, including a tram stop and proximity to several train stations, making commuting convenient. The presence of schools and other amenities in the vicinity adds to the location’s family-friendliness. However, the lack of private outdoor space is a notable drawback, and the price point may be considered high relative to some comparable properties in the area, depending on the specific features and views. The absence of precise square footage data for comparable properties makes a definitive assessment on value challenging. Potential buyers should consider the overall cost of ownership, including service charges and potential future maintenance costs, alongside the benefits of the location and the apartment’s modern design. Further investigation into the specific apartment’s features (e.g., views, floor level, and building amenities) is recommended before making a purchasing decision. The listing’s emphasis on buy-to-let potential suggests it might be more attractive to investors than owner-occupiers.

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
2
Bathrooms
0
Sqft (est)
661.98

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
297,229.02 £
Increased by 22.34 %
from 242,946.66 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est letting value
1,323.96 £/mo
Increased by 100.00 %
from 661.98 £/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

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35 Winnipeg Quay £ 95,0000.36 KM