1 bed flat for sale

Elmira Way, Salford M5

The Exchange 8 Elmira Way Salford M5 3Nq

This modern 1-bedroom apartment presents an excellent opportunity to purchase a tenanted, income-generating investment, offering a highly attractive net yield of approximately 6% from completion.

Step inside to discover a bright and spacious open-plan living and dining area, a sleek high-gloss fitted kitchen, a contemporary three-piece bathroom suite and a generous double bedroom. This apartment is ideal for young professionals or couples seeking a stylish city pad with immediate rental potential.

Located in the heart of X1 The Exchange, the apartment is just minutes from MediaCityUK and Manchester city centre, two thriving hubs for work, culture, and lifestyle. Residents enjoy access to premium amenities including a fully equipped on-site gym and stunning views over the quays and city skyline.

Salford and Manchester remain among the UK’s most sought-after buy-to-let locations, with property prices in Salford having risen by 40% over the past five years and forecasts suggesting up to 30% further growth in the coming years. The area is undergoing major regeneration, cementing its reputation as one of the UK’s most dynamic and forward-thinking cities.

Tenants benefit from excellent transport links, local shops, bars, restaurants, and just a short walk to MediaCityUK, offering an unbeatable combination of convenience, lifestyle, and investment potential.

Financial Breakdown

Gross Rent: £11,700.00
Net income: £8,364.00
Gross yield: 9.36%
Net yield: 6.69%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08371