1 bed flat for sale

Michigan Point Tower B, 11 Michigan Avenue M50

Michigan Point Tower B, 11 Michigan Avenue, M50 2Hg

Investment Opportunity – Michigan Point Tower B, 11 Michigan Avenue, M50 2HG

This modern one-bedroom, one-bathroom apartment is located within the highly sought-after Michigan Point development in Salford Quays. Positioned on Michigan Avenue, the property benefits from excellent connectivity to MediaCityUK and Manchester city centre, making it a prime choice for tenants working in the area.

The apartment offers a contemporary open-plan living and dining space, complemented by a high-quality kitchen and bathroom. Finished to a modern standard throughout, it provides the style and convenience that young professionals demand in this thriving rental market.

From an investment perspective, this property delivers a strong return, achieving close to a 7% net yield. With professional management already in place and the apartment fully tenanted, investors benefit from immediate rental income and a completely hands-off ownership experience.

MediaCityUK is a hub of culture, technology, and employment, home to the BBC, itv, and numerous digital and creative businesses. Alongside its strong employment base, it offers an exciting lifestyle with waterfront dining, shopping, fitness facilities, and leisure attractions all within walking distance. The area’s modern infrastructure and excellent transport links into Manchester city centre make it one of the most desirable places to live in the North West.

With sustained tenant demand and long-term growth prospects, Salford Quays and MediaCityUK continue to attract both professionals and investors. This apartment at Michigan Point represents a secure, high-performing investment opportunity in a location where rental demand remains consistently strong.

Financial Breakdown

Gross Rent: £11,400.00
Net income: £8,346.34
Gross yield: 8.44%
Net yield: 6.18%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08262