The Exchange, 8 Elmira Way, Manchester, M5 3NQ
Size: sqm
Purchase price
£165,000
Size: sqm
Tenanted
Gross rent | £14,100 |
Ground rent | £250 |
Service charge | £2,639 |
Net income | £11,211 |
Gross yield | 8.55% |
Net yield | 6.79% |
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY!- This excellent two bedroom, two bathroom apartment, comes with a balcony and allocated parking.
At 52sqm, this apartment offers ample space for tenants, comprising of a hallway, living and dining area, kitchen, double bedroom with en suite, a family bathroom, second double bedroom and balcony. The apartment also comes fully furnished and with a allocated parking space.
The apartment is in one of the UK‚ a most exciting rental landscapes. X1 The Exchange is close to both MediaCityUK and Manchester city centre, making it the perfect home for the burgeoning number of young professionals living and working in Greater Manchester.
The development offers all the amenities that renters in the area look for, including an onsite gym and fabulous views overlooking the quays and city.
Both Salford and Manchester are fantastic buy-to-let hotspots, with industry experts stating that there is room for regional house price growth of up to 30% in the next few years ‚a unsurprising when statistics show that property prices in Salford have already risen by over 40% in the last five years alone.
Salford is not a city that stands still ‚ a ambitious regeneration and development projects continue to inspire investors and developers and ensure that the city is one of the UK, most determined, innovative and creative business destinations.
Tenants at X1 The Exchange can enjoy a fantastic range of local shops, bars and restaurants and make use of the good local transport system which offers direct access to Manchester city centre. MediaCityUK is within easy walking distance as well and offers many cultural attractions.
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY ! - This excellent two bedroom two bathroom apartment comes with a balcony and allocated parking.
Interested in this property? Enquire today for more information
Key features
Earn Instant Income
Two Bedroom Apartment
Comes With Parking Space
8th Floor
Excellent Location
Fully Furnished
Great Transport Links
Onsite Gymnasium
Balcony
EWS1 Form In Place
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY ! - This excellent two bedroom two bathroom apartment comes with a balcony and allocated parking. More info... Less info...
EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY!- This excellent two bedroom, two bathroom apartment, comes with a balcony and allocated parking.
At 52sqm, this apartment offers ample space for tenants, comprising of a hallway, living and dining area, kitchen, double bedroom with en suite, a family bathroom, second double bedroom and balcony. The apartment also comes fully furnished and with a allocated parking space.
The apartment is in one of the UK‚ a most exciting rental landscapes. X1 The Exchange is close to both MediaCityUK and Manchester city centre, making it the perfect home for the burgeoning number of young professionals living and working in Greater Manchester.
The development offers all the amenities that renters in the area look for, including an onsite gym and fabulous views overlooking the quays and city.
Both Salford and Manchester are fantastic buy-to-let hotspots, with industry experts stating that there is room for regional house price growth of up to 30% in the next few years ‚a unsurprising when statistics show that property prices in Salford have already risen by over 40% in the last five years alone.
Salford is not a city that stands still ‚ a ambitious regeneration and development projects continue to inspire investors and developers and ensure that the city is one of the UK, most determined, innovative and creative business destinations.
Tenants at X1 The Exchange can enjoy a fantastic range of local shops, bars and restaurants and make use of the good local transport system which offers direct access to Manchester city centre. MediaCityUK is within easy walking distance as well and offers many cultural attractions.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £14,100 |
Ground rent | £250 |
Service charge | £2,639 |
Net income | £11,211 |
Gross yield | 8.55% |
Net yield | 6.79% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Not to worry though, the Professor has picked out some similar properties that you might be interested in
X1 The Exchange, 81 Elmira Way, Salford, Manchester, M5 3NQ
Annual rent | £10,950 |
Net yield | 6.44% |
Eldroth Avenue, Wythenshawe, Manchester, M22 9AS
Annual rent | £13,800 |
Net yield | 6.05% |
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yieldit is a company registered in England and Wales. Registered number: 5236745.