Compact, income-producing one-bed with long lease and on-site amenities in MediaCityUK..
22nd-floor water-facing one-bedroom apartment
Currently tenanted until Dec 2025 at £1,050 pcm
Compact footprint: approximately 431 sq ft, open-plan layout
Service charge £1,635.14 (2025) and ground rent £250 p.a.
Long lease: c. 971 years remaining; EWS1 in place
On-site amenities: gym and cinema room
Electric room heaters—potentially higher running costs
Excellent transport links; short walk to Harbour City tram stop
A compact one-bedroom apartment on the 22nd floor of Michigan Point Tower A, offering contemporary, water-facing views in the heart of MediaCityUK. The property is currently tenanted until December 2025 for £1,050 pcm, providing immediate rental income and straightforward hands-off ownership for an investor. On-site amenities include a gym and cinema room and the development sits close to Harbour City tram stop, shops and restaurants.
The flat is part of a new-build block with a long lease (975 years less five days from 01.01.2016) and an EWS1 certificate in place. At about 431 sq ft the layout is open-plan and well suited to a single occupant or couple; finishes are modern with integrated kitchen appliances and hardwood-style flooring. Council tax band is not provided.
Ownership costs are a material consideration: the 2025 service charge is £1,635.14 and ground rent is £250 pa. Heating is by electric room heaters which may mean higher running costs compared with communal gas systems. The apartment is small, so re-letting to similar tenants is likely straightforward, but yield calculations should account for service charge and utility costs.
This property will appeal chiefly to investors seeking immediate rental income in a very well connected, culturally vibrant part of Salford. Buyers looking for a primary residence should note the size, ongoing tenancy and running-cost profile before viewing.
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