Buy-to-let development launches in Salford Quays

first_imgHome » News » Housing Market » Buy-to-let development launches in Salford Quays previous nextHousing MarketBuy-to-let development launches in Salford QuaysThe Negotiator1st July 20160623 Views Knight Knox, has launched the third phase of the buy-to-let development, X1 Media City.The £200 million development from award-winning developer X1 is on Salford Quays. With its four towers overlooking the waterfront, the scheme will provide 1,100 apartments when complete.Tower 3 offers 275 fully furnished apartments and is due for completion in Q4 2018, with the two earlier towers completing at the end of 2017. Situated on Michigan Avenue, Salford Quays, the development has experienced extremely strong investor demand so far, with 103 apartments in Tower 3 being snapped up in the first two weeks of launch alone, at a sales value in excess of £17.1 million.X1 Media City is a 15-minute tram ride from Manchester city centre. Spacious studios, luxury one and two-bedroom apartments are now for sale, priced from £114,995.Michael Fenlon, Sales Director at Knight Knox, said, “With the first two phases of X1 Media City being incredibly popular, we have no doubt that the third phase will sell out very quickly. “Salford Quays is a hugelypopular area and has been the focal point of the city’s regeneration in recent years. We’re delighted to be providing another premium residential property scheme to one of the country’s investment hotspots.”land and new homes Knight Knox Salford Quays buy-to-let development X1Media City July 1, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more