High-floor studio with excellent MediaCity links, ideal for investors or commuting professionals.
- 12th-floor position with far-reaching Salford Quays views
- Very long lease (circa 967 years) reduces long-term risk
- Excellent transport: Harbour City tram stop directly outside
- Compact footprint ~307 sq ft; limited living space
- Service charge ~£1,400pa and ground rent £250pa
- Electric room heaters only; no gas central heating
- Sold by auction — 4.5% non-refundable reservation fee applies
- Low crime, fast broadband, affluent nearby area
Set on the 12th floor of Michigan Point Tower, this compact studio offers wide Salford Quays views and immediate access to MediaCity amenities. The open-plan living/kitchen, separate sleeping area and full bathroom suit a single professional or short-let investor looking for a central, well-connected unit.
Practical running costs include an average service charge of £1,400pa and ground rent of £250pa; heating is by electric room heaters. The long lease (circa 967 years) and very low local crime rate are strong ownership positives, but the flat’s small footprint (about 307 sq ft) limits space and furnishings.
This property is offered through a Modern Method of Auction. Buyers should note the non-refundable reservation fee of 4.5% (minimum £6,600) plus a £300 buyer information pack fee, and the requirement to complete within 56 days. These auction costs and timescales affect affordability and make full due diligence essential.
For investors, the flat’s location beside Harbour City tram stop and proximity to MediaCity make it straightforward to let to commuting professionals or students. For first-time buyers, the low asking price is attractive, but factor in service charges, electric heating, and auction fees when assessing overall cost.
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