3-bedroom flat · M50 2TH
For saleListed 11 days
Opportunity summary
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About
EWS1 Certified. Dynamic location overlooking Media City Plaza with panoramic views, an attractively presented, luxury, high specification, 17 th floor apartment of approximately 797 sq. ft.
with electric heating system, aluminium double glazing, intercom entry, communal lifts. Available to investors or owner occupiers. Fabulous location. Impressive accommodation.
ACCOMMODATION Ground Floor: Communal Reception Entrance Hall with staircase and communal lifts to all floors.
Communal 17 th Floor landing: Apartment Impressive Reception Entrance Hall with front door, walnut finish laminate flooring, utility cupboard with space and plumbing for washer/dryer.
Superb Lounge/Dining Room/Kitchen (side) measuring 19 ft 1 x 14 ft 1 (5.82m x 4.29m), occupying a corner position with walnut finish strip flooring, two double glazed windows and patio door to Integral Balcony with panoramic views, Southerly facing.
High specification Kitchen Area with attractive fitted units with cream high gloss doors and feature worktops incorporating a range of wall and base cupboards, integral fridge/freezer, extractor hood, ceramic hob with electric under oven, integral dishwasher, one and a half bowl single drainer sink unit, ceramic tile splashbacks, under pelmet lighting.
Bedroom One (side) measuring 10 ft 8 on average x 8 ft 8 (3.25m x 2.64m) with double glazed window with panoramic views and door to luxurious Ensuite Shower Room/WC combined.
Luxury Ensuite Shower Room/WC combined with auto lighting, high specification white suite with chrome fittings comprising low level WC, wall basin, glazed shower screen to double shower cubicle, chrome ladder radiator, vanity plinth, mirrored vanity cabinet, ceramic tiled walls and floor.
Bedroom Two (side) measuring 10 ft 4 on average x 10 ft 8 on average (3.15m x 3.25m), irregular shaped room, with feature curved outer wall, two double glazed windows. Bedroom Three.
Suitable for single bed or use as study / walk in wardrobe, measuring 10 ft 4 x 6 ft 1 (3.15m x 1.85m) with double glazed window.
Luxury Master Bathroom/WC combined with auto lighting, high specification white suite with chrome fittings comprising low level WC, wall basin, bath with glazed shower screen and over bath shower, vanity plinth, mirrored vanity cabinet, chrome ladder radiator, ceramic tiled floor and walls.
Local restaurants can be found at Salford Quays itself together with the dynamic Media City, Lowry Centre, Galleria Shopping Outlet Mall, Cinema Complex and the Imperial War Museum.
Regular tram services operate around Salford Quays to Manchester City Centre and surrounding areas and the M602 Motorway network provides commuter links throughout the North West and also to the Trafford Centre.
The Virgin Active Leisure Complex with gymnasium and swimming pool can be found at the base of Imperial Point. There is a Tesco Express, Co-op and Nisa supermarket on Trafford Road.
Tenure We are advised by the vendor the property is believed to be long leasehold for the residue of 250 years from 11 th October 2010 (236 years remaining).
Depending on the Leasehold /Freehold title any current Ground/Chief Rent, if applicable, together with current service charge details are to be confirmed by the Vendors solicitor (but are available on request from our office at any time).
Service Charge There is a service charge payable to the Management Company and further details are available on request from our office.
Local Authority is Salford City Council Council Tax Band: D Directions Travelling along Trafford Road in the direction of the M602 motorway, turn left at the traffic light junction with Broadway, crossing over the roundabout onto a further continuation of Broadway and on coming to the traffic lights proceed straight across in the direction of Media City where the Heart can be found.
In accordance with UK Anti-Money Laundering Regulations, Northwood is required to verify the identity of all purchasers.
Identity checks are carried out by an independent third-party provider and are subject to a fee of £30 + VAT (£36 inc. VAT) per person , payable by the purchaser. This fee is non-refundable.
A Memorandum of Sale cannot be issued until these checks have been completed. Proof of funds and solicitor details will also be required. EPC rating: C. Tenure: Leasehold,
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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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.
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About The Heart, Media City M50 2TH
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