£175,000
2 bed flat for saleMichigan Point Tower B, 11 Michigan Avenue M50
2 beds
2 baths
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
23rd floor apartment
Panoramic views
Salford Quays’ sought-after waterfront location
Two double bedrooms
Family bathroom and ensuite
High end finish
Popular development
Excellent transport links and amenities
Yielding above 7% net
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Michigan Point Tower B, 11 Michigan Avenue, M50 2Hj
Yieldit are pleased to present this contemporary high floor two bedroom, two bathroom apartment which presents an excellent opportunity for investors seeking strong rental demand within one of Salford Quays’ most vibrant and fast growing residential districts. Offering panoramic city views and yielding in excess of 7%, the property is positioned in a modern, full service tower that blends sleek design with convenience and premium resident amenities, precisely what today’s professional tenants demand.
The apartment boasts a bright, open plan living area enhanced by floor to ceiling windows, allowing for abundant natural light and far reaching panoramic views. A well equipped kitchen, two stylish bathrooms, and two generously sized bedrooms create a modern, low maintenance living space ideal for long term tenancies. Its elevated position within the building adds an extra layer of privacy and exclusivity.
Residents enjoy access to on site facilities including a concierge service, gym, and communal areas, all just moments from MediaCityUK, waterfront attractions, popular dining options, and excellent transport links into Manchester city centre. This prime location, combining lifestyle appeal with close proximity to major employment hubs, drives consistent rental demand and attractive yields throughout the year.
Designed for the modern urban rental market, this apartment offers a compelling mix of hassle free management, high occupancy potential, and strong long term capital growth, making it a strategic and reliable addition to any investment portfolio.
Financial Breakdown
Gross Rent: £17,100.00
Net income: £12,573.00
Gross yield: 9.77%
Net yield: 7.18%
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-08357
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Tenure
Leasehold (969 years)
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