Summary - MILLENNIUM TOWER, 250 APARTMENT 1905 THE QUAYS SALFORD M50 3SB
1 bed 1 bath Apartment
Secure, tenanted studio with parking and immediate rental income in Salford Quays.
High-floor studio with allocated off-street parking included
This high-floor studio in Millennium Tower offers a compact, contemporary living space with an allocated parking bay — a rare find in Salford Quays. The open-plan layout, fitted kitchen and modern tiled bathroom deliver low-maintenance city-centre living suited to professionals, students or buy-to-let investors. The property is currently producing £1,000 pcm, providing immediate income and straightforward tenant continuity.
Practical running costs should be considered: an average service charge of £1,583.68 pa (paid quarterly at £395.92), annual ground rent of £312.97 and electric underfloor heating. The long lease (approx. 130 years remaining) reduces long-term leasehold risk; building insurance is included in the service charge. Note there is conflicting EPC information on file (B and C reported); buyers should verify the current certificate.
Millennium Tower is a secure development with lift access and excellent transport links to MediaCityUK and Manchester via nearby Metrolink. The location benefits from cafés, leisure facilities and good local schools, but the wider area is classified as a deprived, multicultural student neighbourhood — strong rental demand, but mixed local amenity levels. Investors will find straightforward management potential and a decent starting yield; occupiers get a well-connected, low-upkeep city apartment with parking included.
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