1 bedroom apartment

X1 The Exchange, 81 Elmira Way, Media City, Salford, M5 3NQ

Size: 40 sqm

Purchase price

£155,000

Size: 40 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,000
Ground rent £250
Service charge £915
Lettings fees £900
Net income £6,935
Gross yield 5.81%
Net yield 4.47%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom, one bathroom apartment comes with a balcony and allocated parking.

This one bedroom apartment comes fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of fantastic on site facilities including a gymnasium.

The apartment is in one of the UK’s 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 – unsurprising when statistics show that property prices in Salford have already risen by over 40% in the last five years alone (Zoopla, September 2018)!

Salford is not a city that stands still – ambitious regeneration and development projects continue to inspire investors and developers and ensure that the city is one of the UK’s most determined, innovative and creative business destinations.

This is not an investment opportunity to be missed out on!

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.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom, one bathroom apartment comes with a balcony and allocated parking.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

One bedroom apartment

Key features

Excellent location

Key features

7th floor

Key features

Great transport links

Key features

Fully furnished

Key features

Onsite gymnasium

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom, one bathroom apartment comes with a balcony and allocated parking. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent one bedroom, one bathroom apartment comes with a balcony and allocated parking.

This one bedroom apartment comes fully furnished to a high standard and enjoys a modern and stylish finish with the added bonus of fantastic on site facilities including a gymnasium.

The apartment is in one of the UK’s 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 – unsurprising when statistics show that property prices in Salford have already risen by over 40% in the last five years alone (Zoopla, September 2018)!

Salford is not a city that stands still – ambitious regeneration and development projects continue to inspire investors and developers and ensure that the city is one of the UK’s most determined, innovative and creative business destinations.

This is not an investment opportunity to be missed out on!

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.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop One bedroom apartment
    Tick Desktop Excellent location
    Tick Desktop 7th floor
    Tick Desktop Great transport links
    Tick Desktop Fully furnished
    Tick Desktop Onsite gymnasium
  • LocationLocation
  • EPCEPC

*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.

Breakdown
Financial performance*
Gross rent £9,000
Ground rent £250
Service charge £915
Lettings fees £900
Net income £6,935
Gross yield 5.81%
Net yield 4.47%

*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.