2 bedroom apartment

X1 The Exchange, 8 Elmira Way, Salford M5 3NQ

Size: 62 sqm

Purchase price

£180,000

Size: 62 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,500
Ground rent £250
Service charge £1,392
Lettings fees £1,260
Net income £7,598
Gross yield 5.83%
Net yield 4.22%

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

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 18% in the last five years alone (Zoopla, September 2021)!

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.

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.

This is not an investment to be missed out on so act fast as this is sure to be popular!!!!!!!!

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

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income of yield of 4.25%

Key features

Two bedroom apartment

Key features

Two Bathrooms

Key features

Excellent location

Key features

First Floor

Key features

Fully furnished

Key features

Spectacular transport links

Key features

Onsite gymnasium

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

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

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 18% in the last five years alone (Zoopla, September 2021)!

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.

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.

This is not an investment to be missed out on so act fast as this is sure to be popular!!!!!!!!

  • Key features
    Tick Desktop Earn instant income of yield of 4.25%
    Tick Desktop Two bedroom apartment
    Tick Desktop Two Bathrooms
    Tick Desktop Excellent location
    Tick Desktop First Floor
    Tick Desktop Fully furnished
    Tick Desktop Spectacular transport links
    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 £10,500
Ground rent £250
Service charge £1,392
Lettings fees £1,260
Net income £7,598
Gross yield 5.83%
Net yield 4.22%

*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.