Summary - APARTMENT 803, MICHIGAN POINT TOWER A, 9, MICHIGAN AVENUE M50 2HA
2 bed 2 bath Flat
Turnkey two-bed investment near MediaCity tram stop with strong rental potential..
Seventh-floor two-bedroom, two-bathroom modern apartment with city views
Long lease: 975 years less 5 days (967 years remaining)
Service charge £2,534.47 per year; payable quarterly
Ground rent £250 per annum (subject to lease review)
Current rental potential approx. £1,300+ pcm; tenant being secured
On-site gym, private cinema room, communal social spaces, on-site Sainsbury’s
Harbour City tram stop and excellent transport links to Manchester centre
Electric room heaters; EPC C and moderate thermal efficiency (higher running costs)
This seventh-floor, two-bedroom apartment in Michigan Point Tower A offers a turnkey rental opportunity in the heart of MediaCityUK. The flat is presented modern and fully furnished with integrated appliances, floor-to-ceiling windows and open-plan living that captures city views and natural light — attractive to young professionals and media renters.
Building amenities strengthen the investment case: resident-only gym, private cinema room, communal social spaces and an on-site Sainsbury’s. Harbour City tram stop and multiple transport links are moments away, making the location especially convenient for commuting to central Manchester and local employers such as the BBC and ITV.
Financially the flat is straightforward: long lease (967 years remaining), EWS1 in place, and a current rental expectation of around £1,300+ pcm. Annual service charge and ground rent are material running costs to include in yield calculations: Service Charge £2,534.47 (2025) and Ground Rent £250 p.a.
Considerations: heating is electric via room heaters, which can mean higher energy bills compared with gas-heated properties; EPC rating C and average wall thermal transmittance indicate moderate efficiency. The service charge is relatively high for a two-bedroom apartment, so factor ongoing management and communal facility costs into net returns. Overall, this is a low-risk, well-located investment with strong tenant demand potential in a very affluent, well-served urban quarter.
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