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1 bedroom flat for sale
The Exchange, Elmira Way, Salford, M5
£134,950
The Exchange, Elmira Way, Salford, M5
£134,950
Price History
Initial price | £139,950 |
18/02/25 | £134,950 |
Price Change | -3.57% |
Description
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Here is a summarized version of the property description in a single paragraph:
This one-bedroom apartment in X1 The Exchange, Salford Quays, is a perfect opportunity for buy-to-let investors, generating a net yield of 6.3% with a current rental income of £11,400 per annum. The property is fully furnished and has an EWS1 form approved, making it an attractive investment opportunity. The apartment is located on the 4th floor of a popular and fully occupied development, within walking distance to shops, bars, and restaurants, as well as the Lowry Theatre and Lowry Outlet Mall. The Salford Quays Metrolink stop is conveniently located across the road, making it an ideal property for commuters. The property is tenanted until September 2025, providing a guaranteed income stream from day one of ownership.