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£220,000

Pink, Media City, M50

  • 2 beds
Flat

£220,000

  • 2 beds
Flat
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Buy with a mortgage
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Estimate monthly mortgage payment:

£1,004 per month

Minimum deposit amount:

£11,000
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Home to the BBC, ITV, Ericsson, dock10 and Kellogg`s, Media City is the international hub for technology, innovation and creativity at the heart of Salford Quays. Within short distance to Manchester city centre and easily accessible via tram, the location offers an abundance of amenities from bars and restaurants to The Lowry shopping mall, theatre and Imperial War Museum.

This particular property is located on the 15th floor and offers breath taking views of Media City.

Property briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with access to balcony; fully integrated kitchen with appliances; master bedroom with access to en suite bathroom; second double bedroom; bathroom.

Currently tenanted until 9th July 2025 achieving ?1,100 pcm on a fully furnished basis, the property would be the ideal buy to let investment offering an attractive 5.8% gross return.

We can advise the development has an EWS1 form with B1 rating which may be required by lenders issuing a mortgage.

Annual service charge: ?3,550.32
Annual ground rent: ?326.70
Length of lease: 250 years from 2010
Est. rental income: ?1,250 pcm on a fully furnished basis.




Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Council Tax
Manchester City Council, Band D

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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