This property has been taken off the market.

2 Bed Flat For Sale Michigan Avenue, Salford, M50

£215,000- Flat

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Last Updated: 11th May 2024

Description

NO ONWARD CHAIN!\r
DEED OF VARIATION IN PLACE!\r
Cash or Mortgage Buyers Welcome\r
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Currently tenanted on a rolling monthly contract.\r
Can be sold as vacant possession or with tenant in situ.\r
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Take a look at the 360 Virtual Tour!\r
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An attractive two double bedroom, two bathroom, 8th floor CORNER POSITIONED apartment, featuring dual aspect windows with FAR-REACHING VIEWS. This beautifully presented apartment is ideal for investors and owner occupiers alike.\r
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In brief, the property comprises; entrance hallway with utility cupboard, open plan living and dining kitchen, main bedroom with en-suite, second double bedroom and a bathroom.\r
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Residents benefit from a secure fob entry system to access the building to a foyer with post boxes on the ground floor. To the first floor, there are communal facilities including; a fully equipped gym, laundry room, cinema room, lounge area with access to an outdoor terrace.\r
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Suitable For Buy-To-Let Investors or Owner Occupiers!\r
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Potential Rental Income: £1,300pcm / £15,600pa\r
Service Charge: £2,350 per annum\r
Ground Rent: £250 per annum\r
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Tenure: Leasehold 975 years.\r
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Michigan Point Towers are in the perfect location, across from the water at Salford Quays. The area has an abundance of restaurants and bars, with excellent transport links into the City Centre and beyond. Being ever popular with residence, the towers are always in high demand.\r
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Michigan Point benefits from an on-site gym and cinema room for residents use and also a Sainsburys Local on the ground floor. The apartment has the perfect arrangement for a professional tenant which will provide an investor with a great yield.\r
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NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
Agent Details
Mr Investa Ltd
Mr Investa, Blue Tower, MediaCityUK, M50 2ST

Investment Analysis

Annual Rent:
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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested