1 bedroom apartment for sale

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1 bedroom apartment for sale

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 offers a turn-key investment opportunity. The apartment features a spacious open-plan lounge, dining, and kitchen area, a well-appointed bedroom, and a modern three-piece bathroom. Currently tenanted at £925 per month until June 2025, it's suitable for buy-to-let investment only. The property has cladding, but according to the current information, it has been tested and no works are required. The apartment is located in a great spot, with easy access to Manchester and Salford Quays, and is close to local amenities, including shops, restaurants, and bars. The Exchange is also close to Manchester's football stadiums and MediaCityUK, which hosts various events and activities. The property is leasehold with approximately 128 years remaining, and the ground rent is doubled for the first 30 years, then increases in line with RPI every 10 years.