2 bedroom apartment

8, Elmira Way, Salford, M5 3NQ

Size: 54 sqm

Purchase price

£195,000

Size: 54 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £11,040
Ground rent £250
Service charge £2,055
Lettings fees £1,068
Net income £7,667
Gross yield 5.81%
Net yield 4.04%

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 of a hallway, living and dining area, kitchen, two double bedrooms, an ensuite shower room and family bathroom. 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 Quays have already risen by over 6% in the last year (Rightmove, Q2 2022)!

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.

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom two bathroom apartment is located in Salford within easy reach of MediaCityUK and Manchester city centre.

Interested in this property? Enquire today for more information

Key features

Key features

Generate instant income

Key features

Tenanted investment opportunity

Key features

Two spacious double bedrooms

Key features

Fully furnished

Key features

Located on the third floor

Key features

Fully-fitted modern kitchen

Key features

Two bathrooms

Key features

Popular development

Key features

Excellent transport links

Key features

Close to Media City UK and Manchester city centre

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom two bathroom apartment is located in Salford within easy reach of MediaCityUK and Manchester city centre. 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 of a hallway, living and dining area, kitchen, two double bedrooms, an ensuite shower room and family bathroom. 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 Quays have already risen by over 6% in the last year (Rightmove, Q2 2022)!

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 Generate instant income
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Two spacious double bedrooms
    Tick Desktop Fully furnished
    Tick Desktop Located on the third floor
    Tick Desktop Fully-fitted modern kitchen
    Tick Desktop Two bathrooms
    Tick Desktop Popular development
    Tick Desktop Excellent transport links
    Tick Desktop Close to Media City UK and Manchester city centre
  • 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 £11,040
Ground rent £250
Service charge £2,055
Lettings fees £1,068
Net income £7,667
Gross yield 5.81%
Net yield 4.04%

*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.