3-bedroom flat · M50 2HB
For saleListed 467 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A standout investment opportunity in the heart of Salford Quays. With rental yields in Manchester reaching up to 6.65%, Michigan Towers combines prime location, luxury design and high demand.
Just a short walk from MediaCityUK, this completed development is already attracting strong tenant interest from professionals working across tech, media, and healthcare sectors.
Why it works for investors: Completed, ready-to-let 2-bed units Located near BBC, itv & The University of Salford Retail & leisure spaces on-site 999-year lease & NHBC warranty High-quality spec throughout Contact Rothmore Property today to request floorplans or access other top-performing UK developments.
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
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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
Agent & docs
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FAQ
About Michigan Towers, 1608, Michigan Avenue, Salford
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