Michigan Point Tower 1, Michigan Avenue, Salford, M50 2HA
By yieldit
£ 245,000
Reviews
4 out of 5 stars
yieldit says ..
ATTENTION INVESTORS - INVESTMENT OPPORTUNITY IN A SOUGHT AFTER DEVELOPMENT! Three-bedroom, two-bath, 9th floor luxury apartment in X1 Media City Tower 1, Salford Quays.
Property Oracle says ..
The property is located in Salford Quays, a popular area in Greater Manchester. The area benefits from good transport links, with several train stations within a reasonable distance, including Salford Crescent and Salford Central. The proximity to MediaCityUK also suggests convenient access to employment opportunities. Several schools are nearby, including Oasis Academy Mediacityuk which has a good Ofsted rating, indicating a positive educational environment for families. The location score is high due to this combination of factors.
Based on the provided images, the property appears to be in good condition. The kitchen and bathrooms are modern and well-maintained. While some of the bedrooms show some signs of being lived in, there is no visible evidence of significant damage or the need for extensive repairs or renovations. The overall impression is one of a clean and well-presented apartment.
The property information does not specify the presence of a garden or outdoor space. Therefore, no score can be given for land.
The list price of £245,000 is slightly below the average price of £261,322 for the area. Considering the lack of information regarding the square footage of the property, a direct comparison using price per square foot is not possible. However, given the property’s apparent good condition and desirable location, the price appears reasonable, especially when compared to similar properties in the vicinity. The price seems to reflect the market value for a modern apartment in Salford Quays.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 9
- Location
- 9
- Land
- 0
- Bedrooms
- 3
- Bathrooms
- 2
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 298,335.00 £Increased by 24.44 %
- Average area rental value
- 1,397.00 £/moIncreased by 10.61 %
- Est rental Yield
- 5.62 %Decreased by 11.08 %
- Crime Rate
- 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Aldridgeutc@Mediacityuk | University Technical College | 0.56 KM | |
| Oasis Academy Mediacityuk | Academy Sponsor Led | Good | 0.90 KM |
| Lark Hill Community Primary School | Community School | Requires improvement | 1.13 KM |
| Langworthy Children'S Centre | Children's Centre Linked Site | 1.22 KM | |
| Willow Tree Primary School | Community School | Good | 1.43 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Ohio Avenue | £ 205,294 | 0 | 0.00 KM |
| The Quays | £ 0 | 0 | 0.00 KM |
| Joule Close | £ 0 | 0 | 0.00 KM |
| Netherland Street | £ 0 | 0 | 0.00 KM |
| Trafford Wharf | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester United Football Ground | 2996 | MUF | 1.33 KM |
| Salford Crescent | 2794 | SLD | 2.23 KM |
| Trafford Park | 2969 | TRA | 3.01 KM |
| Salford Central | 2798 | SFD | 4.17 KM |
| Deansgate | 2963 | DGT | 4.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Michigan Point Tower 1, Michigan Avenue, Salford, M50 2HA | £ 245,000 | BUY | 8 / 10 | 0.00 KM |
| Michigan Point Tower A, Michigan Avenue, Salford Quays, M50 | £ 235,000 | BUY | 5 / 10 | 0.00 KM |
| Media City Tower, Media City, Salford Quays, Salford, M50 | £ 185,000 | BUY | 5 / 10 | 0.01 KM |
| 9 Michigan Ave | £ 125,000 | BUY | 5 / 10 | 0.01 KM |
| Media City Tower, Michigan Avenue, Salford, M50, Manchester, M50 | £ 149,995 | BUY | Unknown | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 81 Vancouver Quay | £ 243,000 | 0.25 KM |
| 111 Vancouver Quay | £ 199,950 | 0.25 KM |
| 115 Vancouver Quay | £ 384,000 | 0.25 KM |
| 118 Vancouver Quay | £ 338,650 | 0.25 KM |
| 83 Vancouver Quay | £ 185,000 | 0.25 KM |