2 bedroom apartment for sale

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2 bedroom apartment for sale

X1 The Exchange, 8 Elmira Way, Salford, Manchester M5
£155,000

Price History

Initial price £160,000
08/09/25 £155,000
Price Change -3.13%

Description

This modern apartment at X1 The Exchange in Salford, Manchester, is available to purchase as a tenanted investment property, offering a yield of around 6% net from completion. The apartment features an open-plan living and dining area, private balcony, modern kitchen, two double bedrooms, and two bathrooms. The development offers on-site amenities, including a gym, and is close to Media City UK and Manchester city centre, making it an ideal location for young professionals, couples, and sharers. With Salford and Manchester being popular buy-to-let hotspots, the property is expected to generate a strong return on investment, with property prices in Salford having risen by over 40% in the last five years. The apartment is currently generating a gross rent of £14,700 and a net income of £10,304.21, offering a gross yield of 9.48% and a net yield of 6.65%.