About this property
Modern Third-Floor Two-Bedroom Apartment | Tenant in Situ | £1,200 PCM Rental Income
X1 Sales is delighted to present this modern and well-maintained two-bedroom apartment, located on the third floor of Tower A at X1 Media City. Situated in the heart of Salford Quays, this property represents an excellent opportunity for investors looking for a ready-made, income-producing investment.
The apartment is currently tenanted and achieving £1,200 per calendar month (£14,400 per annum), providing an attractive turnkey investment from day one.
Key Investment Information
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Tenant in situ until October 2026
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Current rental income: £1,200 PCM | £14,400 per annum
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Ground Rent: £250 per annum (subject to review in accordance with the lease)
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Lease Term: 975 years less 5 days from 01.01.2016
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Service Charge: £2,628.53 per annum, payable quarterly
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EPC Rating: C
Apartment Features
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Two-bedroom apartment
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Located on the third floor of Tower A
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Fully furnished throughout
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Indesit oven, fridge freezer and washer/dryer
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Modern fixtures and fittings
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Hyperoptic broadband pre-installed
On-Site Facilities
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Resident-only gym
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Private cinema room
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Communal kitchen and balcony areas for residents to enjoy and socialise
Location
Ideally positioned in Salford Quays, X1 Media City benefits from excellent access to MediaCityUK and the wider Manchester area. Harbour City tram stop is located directly outside the development, providing convenient transport links.
Residents are also within easy reach of the on-site Sainsbury’s, MediaCityUK, the BBC and ITV, as well as a wide selection of restaurants, bars and amenities. Booths supermarket, The Lowry theatre and shopping centre are also nearby.
A fantastic opportunity to acquire a fully let, two-bedroom apartment generating £14,400 per annum, in one of Greater Manchester’s most established waterfront locations.
Please note: Images are for illustrative purposes only and may show a similar apartment within the development. They may not reflect the exact apartment offered for sale. Please contact us if you would like confirmation regarding the photographs.