Michigan Point Tower D, 18 Michigan Avenue, M50 2HL
Listed 25 Nov 2025 · price reduced 7 Oct 2026 · Salford
How the price compares
Key features
- Tenanted for immediate income
- Hands off investment style
- Two bedroom apartment
- Sold fully furnished
- Two bathrooms
- Second floor
- Lift access
- High tenant demand
- EWS1 - A1 rated
- Enquire for video tour
About this home
yieldit are pleased to present this impressive modern apartment which is positioned within one of Salford Quays’ most popular residential towers and presents an excellent tenanted, hands off investment, currently yielding in the region of 6% net. With a tenant in situ until 2026 and full management already in place, it offers investors a stable, low maintenance opportunity in a consistently high demand rental market.
Designed with contemporary living in mind, the property features an open plan layout, generous natural light and a sleek kitchen with integrated appliances. Both the bedroom and bathroom are well proportioned, creating a comfortable and stylish living environment that appeals to a wide range of tenants.
Residents enjoy secure entry, lift access and professional on site management, ideal for investors seeking a truly passive and hassle free addition to their portfolio.
Salford Quays remains one of Greater Manchester’s strongest investment hotspots, driven by its waterside living, the world class MediaCityUK employment hub, excellent amenities and rapid tram links to Manchester city centre. High rental demand, strong regeneration and ongoing commercial growth continue to support reliable occupancy and long term capital potential.
A compelling choice for investors seeking a modern, fully managed and reliably lettable asset in one of the region’s most desirable rental locations.
Financial Breakdown
Gross Rent: £16,200.00 Net income: £11,980.16 Gross yield: 9.53% Net yield: 7.05% 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-08345
Property details
- Property type
- Apartment
Floorplan
Location
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1 on this map
- Harbour City Tram Stop0.1 mi
- Broadway Tram Stop0.1 mi
- MediaCityUK Tram Stop0.3 mi
What nearby homes sold for
Median sold prices in M50 over the last 12 months: flat £193k · terraced £430k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Apartment 704, Michigan Point Tower D, 18, Michigan Avenue Salford M50 2HL | Flat Leasehold | 5 Sept 2024 | £200,000 |
| Apartment 804, Michigan Point Tower D, 18, Michigan Avenue Salford M50 2HL | Flat, new build Leasehold | 21 May 2024 | £309,995 |
| Apartment 901, Michigan Point Tower D, 18, Michigan Avenue Salford M50 2HL | Flat, new build Leasehold | 4 Apr 2024 | £200,000 |
| Apartment 707, Michigan Point Tower D, 18, Michigan Avenue Salford M50 2HL | Flat, new build Leasehold | 2 Apr 2024 | £147,995 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M50
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by yieldit, Manchester on Rightmove (original listing). First listed 25 Nov 2025; details checked 7 Nov 2026. Latest change: reduced on 07/10/2026.
Agent disclaimer
Disclaimer - Property reference YL-08345. 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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