# 1 bedroom flat for rent (M50 2HN)

## Property Details

| Key | Value |
|-----|-------|
| Address | Media City, Michigan Point Tower D, 18 Michigan Avenue, Salford, M50, M50 2HN |
| Price | £1,050 pcm |
| Bedrooms | 1 |
| Council tax | C |
| Last sold | £159,995 |

## Description

AVAILABLE 14TH OCTOBER!

Fully Furnished Apartments

Situated in the heart of MediaCityUK

Onsite residents gym

Onsite cinema room

Co-working spaces

Tenant loyalty card exclusive

Secure entry system

Embark on a new era of living with the upcoming unveiling of X1 Media City Tower D in 2023. Nestled in the heart of MediaCityUK, this brand-new 26-storey development promises unrivaled amenities and an exceptional location for a lifestyle of comfort and convenience.

Situated opposite the Harbour City tram stop, X1 Media City Tower D ensures seamless connections to wider Manchester, making it the perfect home for dynamic working professionals across the city.

Residents at X1 Media City can effortlessly stroll into MediaCityUK in under 2 minutes, immersing themselves in a vibrant atmosphere adorned with numerous bars and restaurants right on their doorstep.

Discover the epitome of luxury in fully furnished apartments designed to a high specification, complete with essential white goods. Beyond your residence, relish in the amenities that X1 Media City Tower D offers – an onsite gym, a cinema room, and a co-working space, all inclusive of your rent.

TENANCY DETAILS

Holding deposit equivelant to 1 weeks rent, £242.30 refundable upon successfully completing referencing.

One months deposit entered into government protected scheme (DPS) £1,050 otherwise.

Reposit available £242.30

For more information or to book in a viewing call us today.

Photos/layout may differ from advertisement.

## Property Photos

- ![Picture No. 06](/listings/photos/153293813/555593) - Picture No. 06
- ![Picture No. 02](/listings/photos/153293813/555595) - Picture No. 02
- ![Picture No. 04](/listings/photos/153293813/555598) - Picture No. 04
- ![Picture No. 05](/listings/photos/153293813/555599) - Picture No. 05

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/153293813/555600) - EPC Rating Graph

## Rental Range

*ONS Price Index of Private Rents (Salford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,046/mo
- **Realistic:** £1,162/mo
- **Optimistic:** £1,278/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, N V Building, M50 | £1,195/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Lightbox, M50 | £1,250/mo | 1 | 0.33 miles | OpenRent |
| 1 Bed Flat, Trafford Road, M5 | £1,050/mo | 1 | 0.51 miles | OpenRent |
| 1 Bed Flat, Southwood House, M5 | £2,200/mo | 1 | 0.57 miles | OpenRent |

**Average rent: £1,424/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,223/mo).*

- **Gross yield:** 1397.7%
- **Monthly cashflow:** £1,072/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4222.9%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)