High-floor investment with tenant income, secure parking and fast Hyperoptic broadband.
Tenant in situ paying £1,300pcm
Allocated secure car parking included, £95pcm income
Fully furnished with appliances and Hyperoptic broadband
15th-floor, modern open-plan living with balcony access
975 years lease remaining; low ground rent (£250pa)
Service charge £2,534.47pa (2025) — budget accordingly
EPC rating C; built 2016, modern construction
Electric room heaters — potentially higher running costs
This 15th-floor two-bedroom, two-bathroom apartment in Michigan Point Tower A is presented as a ready-made investment: a tenant in situ paying £1,300pcm, with an allocated secure car parking space currently generating an additional £95pcm. The property is sold fully furnished and benefits from fast Hyperoptic broadband, modern fitted kitchen appliances and large windows with quayside views.
Practical running costs and tenure are straightforward. The lease is long (975 years remaining), ground rent is low (£250pa) and the 2025 service charge is £2,534.47pa. EPC rating is C. Heating is by electric room heaters, so buyers should note potential running costs compared with gas-heated properties.
The building offers on-site amenities including a gym, cinema room and communal spaces, and the location places public transport, shops and MediaCityUK employers on the doorstep. As a tenant-occupied flat, it suits investors seeking immediate rental income; owner-occupiers should expect a viewing process subject to tenancy arrangements.
Key negatives to consider: the flat uses electric room heating which may increase energy bills; the service charge covers communal upkeep and should be budgeted for; and the presence of a sitting tenant means no vacant possession on completion. Overall, this is a low-management, modern investment in a high-demand, well-connected media and leisure quarter.
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