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Michigan Towers in Manchester

A luxury new residential development in a stunning waterfront setting near Manchester City Centre

Manchester, United Kingdom

6% assured rental yields available now

X1 Michigan Towers is an exciting new flagship development, which is set to change the Manchester skyline. This new development features four iconic towers, each with unique façades and stunning architectural design.

This unique development captures the essence of city living while offering the very best of a tranquil quayside location. Whatever your mood you will not struggle to find something to keep you entertained or relaxed after a long day with X1 Michigan Towers range of on site amenities including a gymnasium and cinema room.

Investment Type: BUY-TO-LET

Est. Completion: Q1 2023

Prime City Location

  • Prices from just £175,995
  • 6% assured rental yields available now
  • Only 25% due on exchange of contracts
  • Tower 1 out of 4 just released now, with 30 floors available
  • Just launched with access to the best apartments still available
  • Investor Friendly Payment Plan 

Availability

One Bed Apartment

£175,995.00

Two Bed Apartment

£216,995.00

Three Bed Apartment

£276,995.00

Two Bed Townhouse

£299,995.00

£ 299,995
850 sq ft 2 beds 2 baths
£ 179,995
430 sq ft 1 bed 1 bath
£ 235,995
656 sq ft 2 beds 2 baths

Investment Opportunity

Investment Highlights

  • Prices from just £175,995
  • Array of onsite facilities
  • Perfectly located in MediaCity UK
  • 6% assured rental yields available now
  • Stunning views
  • Onsite residents gym and cinema
  • Great potential capital growth
  • Award winning developer
  • 999 year leasehold from 2022
  • Award winning management company in place
  • Car parking spaces available on selected units

Investment Breakdown

  • Ground rent – £395 per annum
  • Service charge – Estimated at £1.88 per square foot
  • One, two and three bed furniture packages available
  • 1 bed furniture pack – £2,995
  • 2 bed furniture pack – £3,995
  • 3 bed furniture pack – £4,995
  • Construction due to commence Q1 2021
  • Estimated completion date of Q1 2023
 

Market Key Facts

  • Sales price growth estimated 17.1% increase in the next 5 years
  • Average rent in Manchester is £1145
  • Rental growth estimated 16.5%
  • Average house price is £173,400
  • 84% increase in jobs between 2002 & 2020
manchester property investment

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Estate Agent

Anas Alsaqati

Sales Director

M: +44 (0) 7985 487333 E: anas@qinvestments.eu



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