Property description
With both BBC & ITV Studios being close, X1 Media City has fantastic universal appeal making this a highly desirable opportunity for any investor.
Assured net rental yields of 6% are guaranteed for the first year make this a truly safe hands-off investment.
X1 Media City has generated incredible traction since its launch in October 2014. Offering over 1,000 luxury apartments in a sought-after location, X1 Media City has gained attention as the biggest residential development in the North West, a feat that allows the provision of high-quality rental accommodation to the influx of young professionals flocking to the area. The first phase of X1 Media City has shown that there is incredible demand for luxury apartments in Salford Quays, from both investors and potential tenants alike. Containing a mix of luxury apartments ranging from studios to 3-bed apartments, Tower 2 of X1 Media City will cater to a multitude of people, keen to enjoy all that luxury living has to offer. In addition to its state-of-the-art exterior and its high-end fixtures and furnishings throughout, this development will also offer future tenants luxury amenities on-site that perfectly befit luxury residential living. Including a residentsâ cinema and on-site gymnasium, X1 Media City will also offer floor space on the bottom of the development reserved for commercial and retail units, meaning that residents can even enjoy retail therapy from the comfort of their own home. Additionally, the development benefits from an excellent location, within easy walking distance of prime transport links both locally and to neighbouring towns and cities. Greater Manchesterâs iconic Metrolink system offers residents a quick and easy journey into Manchester City Centre, as well as access to Manchester Piccadilly train station, offering train travel spanning the length and breadth of the country. Furthermore, residents of X1 Media City are never too far away from Manchesterâs major motorway systems and just a short journey to Manchester Airport, meaning that they are in a prime position to take advantage of every avenue of Manchesterâs diverse and efficient transport system. With this in mind, it is clear that every element of X1 Media City is designed with its modern and cosmopolitan residents in mind. The four iconic towers that make up the development will enjoy beautiful architecture, unique views of either the breath-taking Salford Quays waterfront or panoramic city views, as well as the in-build amenities to provide the highest-quality luxury living. The incredible popularity of the first phase of X1 Media City is testament to the huge investor demand for this development, with investors increasingly enamoured with X1 Media Cityâs location, price and investment returns. Therefore, Tower 2 seeks to further capitalise on this demand, which is predicted to continue and even increase in the future. Local Area MediaCityUK, situated on the picturesque waterfront, is currently skyrocketing in popularity. Home to the BBC and ITV, two of the biggest broadcasters in the UK, MediaCityUK has recently enjoyed the prestige attached to its reputation as the biggest purpose-built media hub in Europe, and has boosted tourism in the area as a result. The area, as well as its proximity to incredible cultural destinations such as The Lowry Theatre, Old Trafford Football Stadium (the home of Manchester United), and the Imperial War Museum, now also boasts a piazza bigger than Londonâs Trafalgar Square, populated with trendy bars and restaurants. Therefore, it is no surprise that the area is in high demand. Residence in Salford, within the Greater Manchester region, offers a distinctly lower cost of living than London, as well as lower commercial and residential property prices, so it is unsurprising that the shift in focus from London to Manchester is rapidly becoming a national trend. Salford Quays has seen a plethora of young professionals surging to the area since the completion of the MediaCityUK site in 2008. Therefore, high-end rental accommodation is perfect for this growing populace of young creative workers seeking to live and work in the dynamic and thriving area. It is in this landscape that X1 Media City has been launched, perfectly encapsulating the needs of this burgeoning market. The success of X1 Media Cityâs first phase is a testament to the growing demand for prime residential apartments in such a prime location, offering amenities like bars, restaurants and cultural places of interest right on the doorstep. MediaCityUKâs popularity is not likely to stop, which is why Tower 2 is so perfectly placed to offer high-end apartments to this growing populace
Property Features :
- Fantastic Location
- Shops and Amenities Nearby
- Close To Public Transport
- City Centre Location
- Studio Flat
- IDEAL INVESTMENT OPPORTUNITY
- IDEAL INVESTMENT OPPORTUNITY
- Entry-Phone System