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The Exchange, 8 Elmira Way, Salford... 1 bed apartment for sale
The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5
£137,000
The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5
£137,000
Price History
Initial price | £140,000 |
13/02/25 | £137,000 |
Price Change | -2.14% |
Description
This one-bedroom apartment in the popular "The Exchange" development is a turn-key investment opportunity. Located in the growth corridor between Salford Quays/MediaCityUK and Manchester City Centre, the apartment offers excellent value. The property features a spacious open-plan lounge, dining, and kitchen area, a well-appointed bedroom, and a modern three-piece bathroom. The apartment is currently tenanted at £925pcm until June 2025 and is suitable for buy-to-let investment only. The location is ideal, with easy access to Manchester and Salford Quays, and nearby tram stops, convenience stores, and restaurants. The property also benefits from a leasehold with approximately 128 years remaining, with a ground rent that increases in line with RPI every 10 years.