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See how verdicts workStudio flat · M50 2HP
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented studio apartment situated within the popular Michigan Point development on Michigan Avenue, Salford.
Offering contemporary living in a highly sought-after location, this property is an ideal opportunity for first-time buyers, professionals or investors.
The accommodation comprises a bright and versatile open-plan living space, providing clearly defined areas for sleeping, living and dining, alongside a modern fitted kitchen with integrated appliances.
The apartment also benefits from a contemporary bathroom and well-maintained presentation throughout.
Located within easy reach of the vibrant Salford Quays waterfront, residents can enjoy a wide selection of restaurants, cafés, bars, leisure facilities and green spaces nearby.
Excellent transport links provide convenient access to Manchester City Centre and surrounding areas, making this an attractive location for both owner-occupiers and investors.
Key Details: Leasehold - 971 Years 3 Months Remaining EPC - B Council Tax - B Service Charge - £1100.00 pa Ground Rent - £tbc 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
Agent & docs
FAQ
About 2607 Michigan Point Tower D, 18, Michigan Avenue, Greater Manchester
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