Number 1

Property Summary

A fantastic opportunity to acquire a high‑floor studio apartment in the iconic Number One Pink development in MediaCityUK. Positioned on the 19th floor, this modern studio offers impressive panoramic views across Salford Quays and sits in one of the most desirable rental locations in Greater Manchester.

The apartment is fully tenanted, with a new occupant recently moved in and paying £875 per calendar month, providing immediate rental income from completion.

Key Features

• Studio apartment on the 19th floor
• Stunning views overlooking the Quays
• Modern, purpose-built waterside development
• Fully tenanted at £875 PCM (no arrears)
• Long lease – 234 years remaining
• EWS1 Form B1 – Passed (fully mortgageable)
• No known building works required
• Secure, high-demand location in MediaCityUK

Financial Overview

Yield Calculation

• Purchase Price: £115,000
• Annual Rental Income: £10,500
• Gross Yield: 9.13%
• Annual Outgoing Costs: £2,201.94
• Net Yield: 7.2%

This represents an exceptionally strong yield for MediaCityUK, especially with a long lease, low maintenance obligations, and a stable tenancy already in place.

Reasons to Invest

• High Rental Demand in MediaCityUK

MediaCity remains one of the strongest rental markets in the North West, attracting professionals from the BBC, ITV, Ericsson, Kellogg’s and a growing tech and digital sector. Studios here let quickly and achieve premium rents.

• Immediate Income With a New, Reliable Tenant

The property is already tenanted at £875 PCM, with no arrears or payment issues. Investors benefit from income from day one without void periods or marketing costs.

• Attractive 9%+ Gross Yield

At an asking price of £115,000, this apartment delivers a 9.13% gross yield, making it highly competitive compared to similar city‑centre investments.

• Long Lease & Low Annual Costs

With 234 years remaining, the lease poses no medium‑term renewal risk. Ground rent and service charges are in line with local market norms for a modern high‑rise waterfront building.

• Fully Mortgageable – EWS1 B1

The EWS1 Form B1 certification ensures the building is compliant with current cladding safety standards, increasing mortgage availability and supporting long‑term resale value.

• Proven Capital Growth Area

MediaCityUK continues to see major ongoing investment, transport enhancements, and new commercial development – all contributing to strong capital appreciation trends.

Development Highlights

• Secure entry and concierge
• High‑speed lifts
• Excellent access to Metrolink tram stops
• Surrounded by bars, restaurants, cafés, gyms, and supermarkets
• Minutes from Manchester city centre
• Waterside location with scenic walks and public spaces

Conclusion

Apartment 1904, Number One Pink offers an outstanding opportunity for investors seeking a high-yield, low‑maintenance, fully performing property in one of Manchester’s most prestigious and continually growing districts. With a secure tenancy in place, long lease, strong rental income, and excellent location, this is a truly hands‑off investment ideal for any portfolio.