We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · M50 2HJ
Listing removedListed 697 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Studio Apartment | Michigan Point Tower B | Tenant in situ | Projected Net Yield of 6.82% | Salford Studio Apartment | Michigan Point Tower B | Tenant in situ | Projected Net Yield of 6.82% | Salford Tenant in place - receive immediate income on this property.
Cash buyer preferred. Stunning studio apartment in the heart of MediaCityUK. Modern design with great transport links around Manchester Get in touch NOW for a viewing!
Key Details: * EWS1 in place * Service Charge 2026 - £1,352.99 *Ground Rent - £377.61 Lease Terms -975 years less 5 days commencing on 01.01.2016 Council Tax Band A Review date 01.01.2031 5 year RPI - Billing Period 01 Sep - 31 Aug X1 Media City is located in the heart of Media City, which is the perfect development for working professionals.
The building is a short walk from the exciting array of restaurants, bars and shops that the area has to offer.
X1 Media City has great transport links; Harbour City Metrolink Tram Stop is located directly outside the building, which provides direct links in Manchester City Centre and excellent links to other areas within Greater Manchester.
X1 Media features a 24-hour on-site gym available for tenant use at no extra cost, In addition to this, there is secure bike storage and an overnight security guard based on the reception of the building every evening 7 days a week.
PROPERTY DETAILS * Located in the vibrant MediaCityUK * Studio, one bathrooms * Secure entry, security, CCTV FURNISHINGS * Fully furnished inc White Goods * Indesit Oven and Fridge Freezer * Modern design and appliances included * Hyperopic Broadband installed FACILITIES * On-site gym * Cinema room * Communal kitchen and balcony space LOCAL DETAILS * Harbour City tram stop on the doorstep *Onsite Sainsbury's * MediaCityUK including BBC, ITV, Booths, Lowry Shopping & Theatre * Plenty of local bars and restaurants * Located on the quays
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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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 Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50
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