Immediate rental income in a well-connected riverside development.
Tenant in situ achieving up to £1,000 pcm
A one-bedroom apartment in Michigan Point Tower B offered with a tenant in situ, producing up to £1,000 pcm (approx. £12,000 pa). The flat is compact (circa 452 sq ft) with modern finishes, integrated appliances and hyper-optic broadband — ready for immediate rental income on completion.
The building provides useful communal amenities including an on-site gym, cinema room and communal balcony/kitchen spaces and sits adjacent to MediaCityUK transport links, shops and restaurants. Service charge for 2025 is £1,613.65 with a small ground rent of £250 pa; council tax is Band B. The long lease (975 years remaining) and EPC B are practical ownership positives.
Buyers should note this is an electric-heated apartment using room heaters, which can mean higher running costs compared with gas central heating. The property is sold with the existing tenant and furnishings; any investor must take tenancy terms into account. Overall, this is a straightforward, low-management investment for someone seeking immediate rental yield in a well-connected media and leisure district.
Viewing is recommended for investors who prioritise immediate income and location; owner-occupiers should consider the tenancy in place and heating arrangement before committing.
2 bedroom flat for sale in Media City, Michigan Point Tower B, 11 Michigan Avenue, Salford, M50 — £180,000 • 2 bed • 2 bath • 678 ft²
1 bedroom apartment for sale in Michigan Point Tower B, 11 Michigan Avenue, M50 2HG, M50 — £135,000 • 1 bed • 1 bath • 905 ft²
1 bedroom property for sale in Media City, Michigan Point Tower A, 9 Michigan Avenue, Salford, M50 — £105,000 • 1 bed • 1 bath • 301 ft²
2 bedroom flat for sale in Media City, Michigan Point Tower D, 18 Michigan Avenue, Salford, M50 — £245,000 • 2 bed • 2 bath • 635 ft²
1 bedroom apartment for sale in Michigan Avenue, Manchester, Greater Manchester, M50 — £130,000 • 1 bed • 1 bath • 452 ft²
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