# 2 bedroom apartment for rent (M50 2HN)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 1606, MICHIGAN POINT TOWER D, 18, MICHIGAN AVENUE, SALFORD, GREATER MANCHESTER M50 2HN |
| Price | £1,300 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £193,995 Aug 2023 |

## Description

** DEPOSIT FREE OPTION AVAILABLE ** Available Immediately. Furnished. A stunning two bedroom apartment perched on the 16th floor of this recently built Salford Quays development which offers residents access to an impressive gym and cinema room. It also benefits from a concierge service and is a short walk from Media City and amenities including Harbour City Metro link station. The bright and spacious property offers impressive views and high specification interior. The immaculate accommodation briefly comprises: entrance hallway, open plan living room, fitted kitchen with integrated appliances, two double bedrooms, en suite shower room, luxury three piece bathroom suite and two storage cupboards. EPC Rating (B) Council tax band (C)

## Property Photos

- ![Photo](/listings/photos/157576043/555621)
- ![Photo](/listings/photos/157576043/555623)
- ![Photo](/listings/photos/157576043/555627)
- ![Photo](/listings/photos/157576043/555631)
- ![Photo](/listings/photos/157576043/555637)
- ![Photo](/listings/photos/157576043/555640)
- ![Photo](/listings/photos/157576043/555643)
- ![Photo](/listings/photos/157576043/555646)
- ![Photo](/listings/photos/157576043/555648)
- ![Photo](/listings/photos/157576043/555652)
- ![Photo](/listings/photos/157576043/555655)

## EPC Graphs

- ![EE Rating](/listings/photos/157576043/555658) - EE Rating

## 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):** £873/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 |
|------|------|------|------|------|
| 2 Bed Flat, Winnipeg Quay, M50 | £1,210/mo | 2 | 0.19 miles | OpenRent |
| [Red, Media City UK, Salford, Greater Manchester, M50 2AL](http://87.117.209.195:8080/listings/a32d5f9) | £1,600/mo | 2 | 0.24 miles | Rightmove |

**Average rent: £1,405/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,405/mo).*

- **Gross yield:** 1296.9%
- **Monthly cashflow:** £1,234/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3929.1%

*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)