2-bedroom flat · M50 2HN
For saleReduced £20k (−10%) on 27 MayListed 181 days
Opportunity summary
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About
This exceptional 13th-floor apartment in Michigan Point Tower D represents a premier "turn-key" addition to any investment portfolio.
Situated in the heart of the thriving MediaCityUK district, the property is being sold with reliable tenants already in situ, allowing an incoming landlord to benefit from immediate rental income and a seamless transition of ownership.
With the ongoing expansion of major global broadcasters and tech firms in the immediate vicinity, the demand for high-quality professional housing in the M50 postcode has never been stronger, making this an asset built for both steady yields and long-term capital appreciation.
The apartment itself is designed to meet the exacting standards of the modern professional tenant.
High above the bustle of the Quays, the living space is defined by impressive floor-to-ceiling windows that flood the rooms with natural light and offer expansive views across the Greater Manchester skyline.
The open-plan layout is both functional and stylish, featuring a contemporary kitchen equipped with integrated appliances and high-gloss cabinetry that flows naturally into a spacious dining and lounge area.
This high-spec finish ensures the property remains a competitive and desirable option in the local rental market.
The accommodation comprises two generous double bedrooms, providing the versatility required for professional sharers or small families.
The master suite benefits from a private en-suite shower room finished with designer fixtures, while a second, equally sleek family bathroom serves the rest of the home.
Beyond the apartment walls, residents enjoy access to premium on-site amenities, including a private gym, cinema room, and communal social spaces, all of which contribute to high tenant retention and a premium rental value.
Location remains the primary driver for investment success here.
Michigan Point is positioned perfectly for the commuter lifestyle, with the Harbour City Metrolink stop located practically on the doorstep, offering a direct 15-minute link to Manchester City Centre.
With the BBC, ITV, and a vibrant array of waterfront bars and restaurants just a short stroll away, this property is perfectly placed to capitalize on the sustained growth of one of the North West's most iconic regeneration zones.
This is a rare opportunity to secure a high-floor, managed asset in a proven location where vacancy rates are consistently low and investor demand remains high.
Key details Lease length - 970+ years remaining Service Charge - £3500 PA Ground Rent -£232 PA Rental Income - £1300PCM EPC - B Council Tax Band - B No Parking Included A1 EWS1 available Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Michigan Avenue, Salford, Greater Manchester
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