Summary - Michigan Avenue, Salford, Greater Manchester, M50 M50 2HA
1 bed 1 bath Apartment
Turn-key ninth-floor rental with excellent transport links and strong tenant demand.
Currently tenanted on monthly rolling contract at £950pcm
EWS1 available; cladding tested — no works required (verify independently)
Ninth-floor flat with far-reaching Salford Quays views
Leasehold with c.965 years remaining
Modest ground rent £250; review changing to RPI, next Dec 2025
Electric room heaters — potential for higher running costs
458 sq ft; one double bedroom, open-plan living/kitchen
EPC Rating B; fast broadband and excellent transport links
This ninth-floor one-bedroom apartment in Michigan Point offers a compact, well-maintained rental asset in Salford Quays, currently let on a monthly rolling tenancy at £950 pcm. Its 458 sq ft layout includes an open-plan living/kitchen, double bedroom and modern three-piece bathroom, making it straightforward to let to professionals working in MediaCity and the wider Manchester area.
The building sits directly by Harbour City tram stop with excellent transport links, fast broadband and very low local crime — all positive tenant attractors. The property has an EWS1 form and the external wall system was tested with no remedial works required; prospective buyers should still verify the cladding position and any interim measures.
Key ownership considerations are the leasehold tenure (approximately 965 years remaining) and a modest ground rent of £250 which is being amended to an RPI-linked review, next due December 2025. Heating is by electric room heaters, which can mean higher running costs compared with gas-heated homes; EPC rating B indicates generally good efficiency.
For investors this is a turn-key lettable flat in a modern development, offering immediate rental income and strong local demand from professionals and students. Owner-occupiers seeking vacant possession should note current tenancy is on a rolling monthly contract and vacant possession would depend on tenancy end dates.
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