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See how verdicts work3-bedroom flat · M50 2HD
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
X1 Media City, Michigan Avenue, Salford, M50 2HD This spectacular apartment will make an excellent addition to an investor's portfolio, with an anticipated yield in excess of 6% net.
Situated on the 23rd floor of the popular X1 Media City development, it boasts unrivalled picturesque city views from every floor-to-ceiling window.
There are three spacious bedrooms, the master benefiting from fitted wardrobes and a modern ensuite, a bright and airy open-plan living area, high-gloss kitchen, a luxury bathroom, and two handy storage cupboards - offering both style and practicality.
The local area could not provide a better environment for buy-to-let investors.
The continued growth of MediaCityUK, home to the BBC, itv and a host of creative and digital businesses, has created a unique and vibrant destination within Salford Quays - perfectly suited to the young professional tenant market.
Residents are only a short walk from local shops, bars and restaurants, and approximately 15 minutes from Manchester city centre via the convenient Metrolink tram service.
With Salford’s population continuing to grow and apartment values rising at pace, this is a superb opportunity to secure a high-performing investment in a thriving location.
Financial Breakdown Gross Rent: £20,280.00 Net income: £14,210.00 Gross yield: 8.88% Net yield: 6.22% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07196
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 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
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FAQ
About A2305 X1 Media City, Michigan Avenue, Salford
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