X1 Michigan Towers
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Why Invest In X1 Michigan Towers?
X1 Michigan Towers is a stunning, luxury residential apartment complex conveniently located at the very heart of the UK’s television, radio and digital production hub. The properties are being built by an award-winning developer, with the finished project expected to generate exceptionally high demand from tenants in the local area.
We’ve picked out some of the key reasons investors should consider Michigan Towers below, but please contact us for more information if you’re interested.
Both at a city level and a regional level, industry experts such as Savills and JLL forecast Manchester and the North West to offer the most attractive capital growth in the entire UK over the next 5 years. Luxury developments like Michigan Towers will benefit from this growth, improving the likelihood of an exceptional return on investment.
Given the undersupply of housing in Manchester and the specific location of Michigan Towers, there will likely be strong tenant demand from professionals working for major employers in the area, such as the BBC and ITV.
As a premium product, X1 Michigan Towers will offer tenants a 24/7 concierge, onsite cafe and gym, and landscaped gardens.
This will differentiate Michigan Towers from other apartment blocks in the area, which will increase demand from tenants.
In addition, Michigan Towers’ award-winning developer has transacted on over 7,000 units with investors from 110 countries. In short, high-quality comes as standard and this has resulted in a long track record of investor interest.
There are various property choices available at Michigan Towers depending on budget and requirements.
One Bed Apartment
Two Bed Apartment
Three Bed Apartment
Two Bed Townhouse
"Manchester is forecast to see both the highest sales price and rental growth of any UK city over the next five years"
Michigan Towers Investor Incentive Package Available Now
- 6% Projected Yield
- Only 25% Deposit Required
- Attractive Payment Plan
- 10 Year Building Warranty
- UK’s Number 1 City For Capital Growth
Contact Track Capital to hear more on +44(0)203 627 3987 or email [email protected]
X1 Michigan Tower 1, Michigan Avenue, Salford
Convenient Location - Short Commute
In the heart of MediaCityUK, Michigan Towers is conveniently located for young professionals working in the area, including quick and simple connections to the city-centre via Manchester’s tram system. MediaCity itself is full of modern amenities, including restaurants, shops and nightlife, which attracts tenants to the area.
Frequently Asked Questions
Below you can find a range of common questions from previous investors. If you require specific details and advice please do not hesitate to contact us today on +44(0)203 627 3987 or via [email protected]
Michigan Towers is projected to complete in Q1 2023.
This means any investors would be purchasing off-plan. There are many advantages to this, which we can discuss with you (for one, the developer offers incentives that can increase long-term ROI).
You can read our guide to off-plan property investment to learn more.
The lease length at Michigan Towers is 999 years.
Furniture packs are priced as follows:
- 1 bed furniture pack – £2,995
- 2 bed furniture pack – £3,995
- 3 bed furniture pack – £4,995
There is an award-winning management company in place with a demonstrable track record, who offer affordable rates in exchange for complete management of the property. We will introduce buyers to this company.
Our investor network is located from across the globe. We can assist with your investment strategy no matter where you’re based. We have many investors from the Middle East and countries such as Hong Kong and Singapore.
What does our Founder, Nick, think of Michigan Towers?
“As a company, we were really pleased to partner with the developer of X1 Michigan Towers as this project is set to dominate Manchester’s skyline and see substantial tenant demand.
The location means it will benefit from the original MediaCityUK waterfront luxury, and its performance will also be aided by Phase 2 expansion plan for the area, which is set to double the size of MediaCity (there’s £1 billion worth of further investment planned).
If you’re looking for a high-quality, premium development in Manchester from a trusted developer with a significant track record, then X1 Michigan Towers would be a great addition to any portfolio. It offers strong forecasted rent and value increases, transport links, a quality product, regeneration, major employers, and educational institutions – all of which are the investment fundamentals we look for in any property”.
Nick Hyland, Founder & Director