2-bedroom flat · M50 3TZ
For saleListed 59 days
Opportunity summary
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About
***INVESTMENT OPPORTUNITY*** *TENANT IN SITU* RENT £1150 P/M* *6% YIELD* *IN ONE OF MANCHESTERS HOT SPOTS* *797 SQFT* An excellent opportunity to acquire a spacious two-bedroom apartment in the sought-after City Lofts development, with a tenant already in situ providing immediate rental income from day one.
Extending to approximately 797 sq ft, the apartment offers a generous open-plan living and kitchen area, two well-proportioned bedrooms, a modern bathroom, and a Juliet balcony.
Floor-to-ceiling windows maximise natural light while offering attractive waterfront views towards MediaCityUK, enhancing the property's appeal to professional tenants.
City Lofts is one of Salford Quays' most desirable developments, benefiting from a 24-hour concierge, impressive communal areas, landscaped waterside walkways, and excellent access to MediaCityUK, Manchester City Centre and Metrolink services.
The location continues to deliver strong tenant demand, making it a proven buy-to-let investment.
An ideal opportunity for investors seeking immediate rental income in one of Greater Manchester's strongest-performing rental markets.
Contact Philip James today for further information or to arrange a viewing.
Philip James are proud to offer this fantastic two bedroom apartment located in City Lofts, one of the most popular developments in Salford Quays as it has been created to the highest of standards to cater for the most demanding lifestyles.
Features includes, extravagant waterside walkways, a grand reception, an on-site 24 hour concierge and well-designed hallways, lifts, lobbies and communal areas.
This development is close to amenities and transport links.
The apartment has an open plan lounge/kitchen with full length windows and a sliding door with stunning views over the Quays from the Juliet balcony, the modern kitchen is inclusive of an integrated fridge/freezer, dishwasher, microwave, electric oven, hob and extractor fan.
There are two double bedrooms, one with access to a three piece en suite with a walk in shower, wash basin and W.C. The second bedroom is a great size with ample space for furniture.
The main bathroom is also a three piece suite offering an overbath shower, wash basin and W.C. Currently tenanted for £900pcm, no EWS1 so only available for Cash Buyers !
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About The Quays, Salford Quays, Manchester, M50
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