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For saleReduced 7 Oct 2026
£170,000Offers over

Michigan Point Tower D, 18 Michigan Avenue, M50 2HL

2bedrooms
2bathrooms
Apartmenttype

Listed 25 Nov 2025 · price reduced 7 Oct 2026 · Salford

How the price compares

This home£170,000
Median 2 bed in M50£220k64 homes listed · £280 per sq ft
Difference-23%below the area median

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

mc9373733lfloorplan.png

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.

AddressTypeSoldPrice
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

Monthly repayment£850£17,000 deposit · £153,000 loan
Stamp Duty£900England rates

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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