2 bedroom flat

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

Size: 57.5 sqm

Purchase price

£185,000

Size: 57.5 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,780
Ground rent £250
Service charge £1,260
Lettings fees £978
Net income £7,292
Gross yield 5.29%
Net yield 3.94%

Yieldit are delighted to offer this fantastic 2 bedroom apartment to the market in the heart of Salford Quays. At 57.5sqm, this apartment offers ample space for tenants, comprising a hallway, living and dining area, kitchen, double bedroom and bathroom, second double bedroom and balcony. The apartment also comes fully furnished.

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 for professionals working in the city, including an onsite gym and fabulous views overlooking the river 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 15% in the last five years alone (Zoopla, Q4 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!

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

PERFECT INVESTMENT OPPORTUNITY - EARN INSTANT INCOME ON THIS ALREADY TENANTED OPPORTUNITY WITH EWS1 FORM IN PLACE! Excellent two bedroom premium apartment with balcony in the heart of Salford Quays.

Interested in this property? Enquire today for more information

Key features

Key features

Buy-to-let investment

Key features

2 bedroom apartment

Key features

Close to MediaCityUK

Key features

Earn instant income

Key features

Shops, bars and local amenities close by

Key features

Excellent transport links

Key features

Fully furnished

Key features

Fitted kitchen

Key features

Gymnasium

PERFECT INVESTMENT OPPORTUNITY - EARN INSTANT INCOME ON THIS ALREADY TENANTED OPPORTUNITY WITH EWS1 FORM IN PLACE! Excellent two bedroom premium apartment with balcony in the heart of Salford Quays. More info...

Yieldit are delighted to offer this fantastic 2 bedroom apartment to the market in the heart of Salford Quays. At 57.5sqm, this apartment offers ample space for tenants, comprising a hallway, living and dining area, kitchen, double bedroom and bathroom, second double bedroom and balcony. The apartment also comes fully furnished.

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 for professionals working in the city, including an onsite gym and fabulous views overlooking the river 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 15% in the last five years alone (Zoopla, Q4 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!

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

  • Key features
    Tick Desktop Buy-to-let investment
    Tick Desktop 2 bedroom apartment
    Tick Desktop Close to MediaCityUK
    Tick Desktop Earn instant income
    Tick Desktop Shops, bars and local amenities close by
    Tick Desktop Excellent transport links
    Tick Desktop Fully furnished
    Tick Desktop Fitted kitchen
    Tick Desktop 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 £9,780
Ground rent £250
Service charge £1,260
Lettings fees £978
Net income £7,292
Gross yield 5.29%
Net yield 3.94%

*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.