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See how verdicts work2-bedroom flat · M50 2HA
For saleReduced £5k (−2.8%) on 23 JulListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We're pleased to offer this 2-bedroom apartment, situated within the prestigious Michigan Point development in the heart of Salford Quays.
This sought after residence offers exceptional on-site amenities, including a fully equipped gym, dining room, and cinema.
This modern and spacious 2-bedroom, 2-bathroom apartment offers an exceptional standard of living, featuring a bright open-plan layout that seamlessly connects the living, kitchen, and dining areas - perfect for entertaining or relaxing in style.
Both bedrooms are generously sized doubles, with the principal bedroom benefiting from a sleek en-suite bathroom. A second fully fitted bathroom adds further convenience.
Situated within a contemporary residential complex, residents enjoy exclusive access to a range of premium amenities, including a state-of-the-art private gym, a stylish cinema room ideal for private viewings or quiet evenings in, a private dining room that opens onto an outdoor seating area - perfect for alfresco dining, entertaining guests, or enjoying a quiet evening outdoors, and a concierge service offering additional peace of mind and convenience.
Currently tenanted, this apartment presents a strong investment opportunity with a rental yield of approximately 7.2%.
Michigan Point boasts a prime location in Salford Quays, one of Greater Manchester’s most desirable and vibrant districts.
With the tram stop located just outside the building, residents benefit from direct and effortless access to Manchester city centre.
Additionally, MediaCityUK - home to the BBC, itv, and a host of tech and creative businesses - is only a short walk away.
The surrounding area offers a fantastic lifestyle with a wide array of restaurants, cafes, bars, shops, and waterfront attractions right on your doorstep, ensuring there’s something for everyone just moments from home.
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
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FAQ
About Apartment 306, Michigan Point Tower A, Salford
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