With an amazing location and stunning views across Manchester and the Salford Quays, these luxury apartments are sure to be a hit with the local rental market
Located in the thriving area of Manchester’s Media City, X1 Media City will be the largest residential development in the North West and will dominate the Salford Quays skyline.
These four iconic towers will boast a mix of studios, 1, 2 and 3 bedroom apartments, with the first and second floor space being offered for commercial and retail units. Providing 1100 apartments, private underground parking will also be offered.
Already home to iconic buildings such as the BBC and ITV television, this landmark development is located within the midst of Media City, adding to the £1.4 billion of public and private investment that has made this area one of the key growth areas in the country.
X1 Media City allows investors to take advantage of a product that will not only provide excellent yielding investments today but also is guaranteed to be an unparalleled contribution to any property portfolio.
Your property will be fully let and managed by X1 Lettings making it perfect for those looking for a hands free Buy-to-Let investment. As an experienced management company, X1 Lettings are able to offer annual yields of circa 6% for non resident investors.
- Studio - 2 Beds
- 1 - 2 Baths
- 27 - 60 sq.m
- Michigan Avenue
Salford Quays. M50 2GY
X1 Media City is a development comprising four towers each of which are 26 storeys and comprise 275 residential apartments and commercial space.
Towers 1 and 2 have been completed and are fully sold and fully occupied.
The site of Towers 3 and 4 had two major infrastructure issues which needed to be resolved prior to the development of the towers themselves. The first issue was electricity mains running through the site. This needed to be relocated away from the construction site which required the negotiation with the statutory undertaker.
Those works have been completed. In addition the footprint of the basement car park is very tight with the boundary with the adjoining tramway. A foundation solution needed to be agreed with Greater Manchester Transport Authority and that piling solution has now been agreed to the satisfaction of the Transport Authority and the piling works to give integrity to the boundary between the two sites have now been completed.
X1's contractors, Vermont, were originally due to start the main works earlier this year but this has been delayed and we would anticipate a commencement on site in January 2021. The preparatory works to enable this are now scheduled to commence in November this year.
The construction of Tower 3 will take 26 months, Tower 4 will take a further 18 months from completion of Tower 3. Tower 3 therefore is expected to be completed at the end of Quarter 1 2023 and Tower 4 is expected to be completed by the end of Quarter 3 2024.
Tower Two -
- Completion 7th June 2019 on programme (but anticipated to be May).
- Topping out of concrete frame scheduled for Tuesday 17th July 2018.
- Façade installation to levels 2 - 8 complete
- M&E - Containment to level 18
- BCWS installed from level 2 to level 14
- Communal mains water installed from level 2 to 14
- Apartment domestics hot and colds installed from level 2 to level 5
- RWP Installed to level 20
- Electrical containment in riser to level 15
- Busbar installed to level 14
- Distribution boards installed to level 13
- Wet riser installed level 4 - 15
- Sprinkler system installed to level 7 - commenced testing
- Ventilation plenums complete levels 2- 4
- Intercom, cctv, fire, tv, data 1st fix to level 8
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