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

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 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
  • Enquire for video tour

Description

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
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Michigan Point Tower B, 11 Michigan Avenue, M50 2HJ

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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

Your mortgage

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Lenders usually expect a 10% deposit
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Years
Current average is 4.5%
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Monthly repayments
£799
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Disclaimer - Property reference YL-08357. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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