Total views: 2477
Map2 bedroom flat for sale
The Exchange,, 8 Elmira Way, Salford, M5
Flat
2 beds
2 baths
656
EPC rating: C
Key information
Features and description
- EWS1 Approved
- Gross Yield: ~9.3%
- Net Yield (after management, service charge & ground rent): ~6.5%
Two Bedroom, two-bathroom furnished property with balcony views on the tenth floor in Salford Quays!
X1 Sales presents this TENETH floor two-bedroom, two-bathroom apartment for sale in X1 The Exchange. This property is tenanted and achieves £1,275.00 per month £15,300 per anum Gross Rent! - making this an ideal purchase for investors.
Gross Yield: ~9.3%
Net Yield (after management, service charge & ground rent): ~6.5%
About this development
X1 The Exchange has a range of fully furnished, spacious apartments in the heart of Salford Quays.
The property is a short walk away from a wide choice of restaurants, bars and shops in the ever popular Media City. The Lowry Theatre, Lowry Outlet and Helly Hansen Watersports centre are highlights of this property’s location.
An on site gym is available 24/7 using a tenant access card.
An overnight security guard is stationed on site every evening until early morning.
Overview:
Rental income received - £1275.00 per month / £15,300 per anum
:ettings management fee is 9% plus vat
2025 Service Charge - £ 2,706.50
Ground Rent - £250p/a (5 Year RPI) review date 19.03.2025
Tenure - Leasehold (130 years, 5 months remaining)
COUNCIL TAX BAND C
EPC Rating C
*Pictures displayed are sample photos of another property within this development. Please contact us to view the exact!*
X1 Sales presents this TENETH floor two-bedroom, two-bathroom apartment for sale in X1 The Exchange. This property is tenanted and achieves £1,275.00 per month £15,300 per anum Gross Rent! - making this an ideal purchase for investors.
Gross Yield: ~9.3%
Net Yield (after management, service charge & ground rent): ~6.5%
About this development
X1 The Exchange has a range of fully furnished, spacious apartments in the heart of Salford Quays.
The property is a short walk away from a wide choice of restaurants, bars and shops in the ever popular Media City. The Lowry Theatre, Lowry Outlet and Helly Hansen Watersports centre are highlights of this property’s location.
An on site gym is available 24/7 using a tenant access card.
An overnight security guard is stationed on site every evening until early morning.
Overview:
Rental income received - £1275.00 per month / £15,300 per anum
:ettings management fee is 9% plus vat
2025 Service Charge - £ 2,706.50
Ground Rent - £250p/a (5 Year RPI) review date 19.03.2025
Tenure - Leasehold (130 years, 5 months remaining)
COUNCIL TAX BAND C
EPC Rating C
*Pictures displayed are sample photos of another property within this development. Please contact us to view the exact!*
About this agent
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue
Salford, Greater Manchester
M50 2HA
0161 506 3018Welcome to X1 Sales and Lettings! We are a nationwide agency representing over 4000 landlords across the UK and are proud of both the properties in our care and the strong reputation that we have built over the last 10 years. The X1 team is passionate about providing a level of aftercare that is unparalleled within the market and places high importance on both landlord and tenant relations. Tenants renting with X1 will receive a resident exclusive loyalty card which gives access to discounts and offers at a range of local businesses across the City. Landlords benefit from one dedicated point of contact who communicates with property managers, and tenancy care managers to ensure that costs are kept to a minimum and rental income is maximised. For more information on our services - or to get started on your home moving journey - get in touch with a member of the team today. We are looking forward to working with you!
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