1-bedroom flat · M50 2HB
Sold STCListed 395 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1-Bed Apartment in Michigan Towers - £224,995 Location: M50 Postcode, Salford Quays Bedrooms: 1 Bathrooms: 1 Price: £224,995 Key Features: Stylish, high-spec 1-bedroom apartment Located in the heart of Salford Quays, minutes from MediaCityUK Ideal for both owner-occupiers and investors Excellent transport links via Metrolink and road Concierge service, resident's gym, and modern amenities Why Invest in MediaCityUK & Michigan Towers?
1. Prime Location & Regeneration Zone MediaCityUK is one of the UK's most successful urban regeneration projects.
Once a derelict dockland, it has transformed into a thriving media and tech hub, home to the BBC, ITV, Kellogg's, and over 250 businesses 2.
High Rental Yields & Capital Growth Properties in MediaCityUK offer rental yields of up to 8%, significantly above the Manchester average 3.
£1 Billion Expansion Underway The ongoing Phase 2 expansion will double the size of MediaCityUK, adding 2,000 new residential units, 540,000 sq ft of office space, and vibrant retail and leisure zones 4.
Strong Demand from Professionals & Students With major employers and university campuses nearby, the area attracts a steady stream of tenants seeking high-quality accommodation 5.
Exceptional Amenities & Design Michigan Towers features four iconic towers with sweeping views, landscaped public spaces, cafes, retail, and leisure facilities.
It blends luxury living with urban convenience
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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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
FAQ
About Michigan Avenue, Manchester, Greater Manchester, M50
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