Buy to Let Property For Sale UK

Salford Quays Property Investment

From: £175,995
Onsite gym and cinema facilities
Projected 6% rental yield
3-minute walk from MediaCityUK
Onsite retail and leisure units
Views over central Manchester and Salford Quays

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Luxury riverside apartments overlooking MediaCityUK and Manchester's city centre

Michigan Towers is a new property development completing Q1 2023 in the Salford Quays area of Salford, Greater Manchester.

The first phase will comprise 375 one, two, and three-bedroom apartments starting from £175,995 and an onsite gym and cinema room. The development also offers beautiful landscaped gardens and a private residents' courtyard.

Key Figures

Starting Price

Net Yield

Q1 2023
Completion Date

Investment Details

Michigan Towers is located in Salford Quays and is a short walk from restaurants such as Wagamama and Nando's, Quayside MediaCityUK shopping centre and The Lowry arts complex. There is a Sainsbury's supermarket onsite for residents' convenience.

The development is just a three minute walk from Salford's MediaCityUK and is well placed for those working in the digital sector. It is also an 8-minute journey into central Manchester via the Metrolink making it ideally located for professionals who need to commute into the UK's second city for work.

Residents can enjoy the calmness of living by the water whilst also being within easy reach of the Peel Group's bustling MediaCityUK complex and central Manchester.

The Numbers

Ground Rent:£395

Number of Units:375

Service Charge:£1.88 per square foot per annum

Prices:One bedroom apartments from £175,995 , two bedroom apartments from £235,995, three bedroom apartments from £278,995

Leasehold:999 years from 2022

Old Trafford
Quayside MediaCityUK Shopping Centre
The Lowry Arts Complex
  • Onsite gym
  • Exclusive residents cinema room
  • Management office
  • Security
  • Bike store
  • High quality furnishings
  • Landscaped courtyard
  • Double height entrance atrium
  • Bright and inspirational living areas
  • Generously sized apartments
  • £5000 reservation deposit
  • 25% of purchase price (less reservation deposit) and 50% of furniture pack are payable within 21 days on exchange of contract
  • 10% of purchase price and 50% of furniture pack are payable six months after exchange of contract
  • Remaining balance to be paid upon completion

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