If you want a turnkey, income-producing asset in one of the UK’s strongest regeneration zones, this Furness Quay investment opportunity is designed to deliver immediate cash flow and long-term capital upside. The final release comprises a limited number of fully completed units in MediaCityUK, each offered with professional management, a 999-year lease and headline gross yields of 6.5%, with select purchaser scenarios delivering up to 24% return on cash invested. A number of units are already tenanted, with a select few of the unoccupied units coming with the furniture in situ at no additional cost. With demand at an all-time high, these Furness Quay units will move quickly.
Table of Contents
Why the Furness Quay investment opportunity is a good investment now
MediaCityUK is the economic engine for Salford and a core growth driver for Greater Manchester. Anchored by major broadcasters and technology firms and supported by the University of Salford, MediaCityUK continues to expand under a multi-phase masterplan. For planning context see Salford City Council’s area guidance, and for demographic context consult the Office for National Statistics population estimates. Those structural factors explain why this Furness Quay investment opportunity is time sensitive and why long-let rental demand in the area remains robust.
Development snapshot
- Final release: 10 units remaining, fully completed and income producing.
- Headline gross AST yield: 6.5%.
- Return on cash invested: up to 24% for selected financing scenarios.
- Tenure: 999 year lease with peppercorn ground rent.
- Management: fully managed turnkey ownership model.
- Location: waterfront Furness Quay, MediaCityUK, Salford Quays.
Because these units are complete and let ready, buyers avoid off-plan risk and can capture rental income from day one. See full floor plans, specifications and the reservation process on the Furness Quay property page.
Click here to visit our Furness Quay property page for more information.
MediaCityUK demand drivers and investor rationale
MediaCityUK is a mixed-use employment and residential hub that supports thousands of jobs and residents. Major occupiers and institutions create steady rental demand, while phased regeneration underpins continued capital appreciation. Market trackers and research show sustained rental pressure across Greater Manchester, which underpins why a Furness Quay investment opportunity focused on ASTs can deliver stable, predictable returns.
For a deeper view of how the media sector lifts values and drives occupational demand, click here to read our analysis of Manchester’s media boom.
Tenant profile: who will rent Furness Quay units
The typical tenant for Furness Quay is the professional commuter or local employee seeking quality, convenience and good amenity provision. Expect:
- Media and tech professionals working at MediaCityUK.
- University of Salford postgraduates and staff.
- Corporate secondees and long-staying contractors.
- Young couples and single professionals who prioritise transport connections and waterfront living.
This tenant mix produces stable, long-term lets with lower tenant turnover than student-heavy schemes. That stability is why the Furness Quay investment opportunity is structured around ASTs and professional block management.
Apartment specification and investor-ready features
In our Furness Quay investment, units are delivered to market-standard specifications that appeal to long-let tenants: efficient layouts, contemporary kitchens and bathrooms, and desirable waterside aspects. Combined with strong block management, these features reduce void periods and redecoration costs between tenancies. For lifestyle and amenity context, click here to read our Furness Quay — a waterside gem article.
Practical return modelling for AST investors
All figures below relate to Assured Shorthold Tenancies only. These are realistic, conservative scenarios based on the project yield and typical operating costs.
Example: one-bed apartment
- Purchase price: reduced market rate for final release.
- Annual rent (AST) producing headline gross yield: 6.5%.
- Estimated net yield after service charge, management and maintenance: c. 4.0–4.8% depending on unit service charge and financing.
- Cash-on-cash returns: in specific leveraged purchase examples, net income combined with mortgage structure can generate up to 24% return on cash invested. We will model this explicitly for each buyer.
If you want an exact projection, request the unit-level investment pack including service charge schedules and mortgage illustrations.
Location advantages that reduce downside
Our Furness Quay investment benefits from direct transport links and proximity to MediaCityUK’s employer cluster. These location advantages materially reduce tenant risk:
- Metrolink connectivity to Manchester city centre and surrounding districts.
- Walking distance to BBC, ITV and multiple tech and creative firms.
- Waterfront setting that supports tenant appeal and resale demand.
- Continued public and private investment across Salford Quays that underpins long-term appreciation.
For further context on how neighbouring regeneration projects support demand, read our piece on the Old Trafford regeneration vision.
Click here to read our article on the Old Trafford Regeneration.
Comparison with other MediaCity options
Unlike off-plan or early-stage schemes, Furness Quay is complete and income-producing. That removes construction risk and shortens time to first rent. Compared with older stock, these units offer modern specifications, lower immediate capital expenditure and a clearer tenant proposition that speeds leasing. For a detailed investment comparison, click here to read our Furness Quay investment analysis.
Due diligence checklist for AST investors
Before committing to any Furness Quay investment opportunity, confirm:
- Unit-level service charge profile and any sinking funds.
- Lease documentation and any headlease covenants. The 999 year lease provides long term security but all covenants must be reviewed.
- Block management arrangements and contact details for the managing agent.
- Mortgage availability and stamp duty costs which affect cash-on-cash returns.
- Local lettings market comparables and recent rent achieved in the block.
We prepare a full due diligence pack for every active enquiry to stress test returns and support lender discussions.
Next steps and call to action
This Furness Quay investment opportunity is rare and limited. With ten completed units remaining, immediate action is recommended for buyers seeking AST income in MediaCityUK. Request the full investment pack, which includes unit-level financial modelling, service charge schedules and mortgage illustrations.
Enquire now to secure a Furness Quay investment and request a full investment pack.
View unit specs and start the reservation process on the Furness Quay property page.
Share this on:
