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1 bedroom 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 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.