MICHIGAN TOWERS
SALFORD QUAYS, MANCHESTER
Michigan Towers is an exciting new flagship development, which will define the new skyline at MediaCityUK and Manchester. Featuring four iconic towers, each with unique façades and stunning designs. Each tower is set within modern landscaped spaces, with cafes, restaurants, shops and offices. With heights ranging between 14 and 35 floors, the towers provide both sweeping views of MediaCityUK, Salford Quays and central Manchester. This mixed-use scheme is an ideal investment opportunity and is truly unique in its contemporary design and perfect quayside location. An exclusive opportunity to invest in limited luxury property located at the very heart of Peel’s thriving MediaCityUK project.
One bedroom apartments
| Sizes from 430 sq ft | prices from £175,995 | Virtual tour |
2 bedroom 2 bathroom apartments
| Sizes from 645 sq ft | prices from £235,995 | Virtual tour |
3 bedroom 2 bathroom apartments
| Sizes from 871 sq ft | prices from £276,995 | Virtual tour |
2 bedroom 2 bathroom townhouses
| Sizes from 850 sq ft | prices from £299,995 | Virtual tour |
Completion
Q3 2023
Payment terms
£5,000 on reservation
25% 21 days after exchange
10% 6 months after exchange
Balance on completion
25% 21 days after exchange
10% 6 months after exchange
Balance on completion
Location
- Situated in the heart of MediaCityUK in the iconic Salford Quays, home to the BBC, ITV, Ericsson and Kellogg’s
- 3 universities – within 3 miles
- Deansgate and centre – 3 miles
- Arndale and Trafford centre, Piccadilly station and northern quarter – 4 miles
Investment potential
- Lucrative investment opportunities with the high potential for impressive capital gains
- The first tower is 98% let due to the high rental demand from office workers in the area
- Let by X1 lettings rental increases of 5% are achieved per year
- Rental Guarantee of 6% for 5 years
- Investors in X1 Media City Tower 1 can now see like for like units selling for up to 44% increase from what they paid
Leisure
- With an exciting mix of bars, restaurants and shopping, MediaCityUK offers residents the perfect lifestyle balance with green spaces that cannot be found in the city centre and the possibility of commuting to wider Manchester on the doorstep
Transport
- Trafford Park line tram Metrolink a £350 million extension
- £13 billion government investment in last 5 years for northern transport and infrastructure
Economy
- MediacityUk is a vibranrt economy where 8,000 residents live work and study in the digital hub of the north west. Home to 250 businesses and the university of Salford. Phase 2 will add 1,800 units and £1 billion of investment in the area
Regeneration
- Construction is underway on the second phase of Peel L&P’s MediaCityUK project, with X1 Michigan Towers at the heart of the expansion. Phase 2 will see a £1 billion further investment into MediaCityUK across 55,000 sq m of office, retail, residential, hotel and public realm
- The new investment in Salford Quays follows around £650m that has been invested across 1.5 million sq ft of office, retail, university and leisure space