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Total views:  2500+
Guide price
£128,000

1 bedroom apartment for sale

The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5
Featured
Apartment
1 bed
1 bath
452
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 127 yrs left
Ground rent£250 per annum | review period: unconfirmed
Service charge£1,814.80 per annum
Council taxBand B
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • One double bedroom
  • Popular 'The Exchange' development
  • Fifth floor
  • Tenanted until May 2026
  • £975 pcm rental currently achieved
  • Salford Quays growth corridor location
  • EPC Rating = C
One bedroom apartment in the popular 'The Exchange' development.

Description

Savills are delighted to present a turn key investment opportunity, with this one double bedroom apartment in the popular ‘The Exchange‘ development.

Nestled in the growth corridor between Salford Quays/MediaCityUK and Manchester City Centre, The Exchange offers excellent value. Briefly, the apartment consists of an spacious open-plan lounge, dining and kitchen area.

The bedroom is a well-appointed and practical space, whilst the bathroom is a modern three piece suite.

The apartment is currently tenanted at £975pcm until June 2026, and at present is suitable for buy to let investment only.

EWS1 Form Available!

This property has cladding, as far as we know the current position with the property is: ‘It’s been tested and there are no works required’ * You should make enquiries about the external wall system of the property, if it has cladding and if it is safe or if there are interim measures in place.

Location

The Exchange sits in a great location with ease of access to all Manchester and Salford Quays have to offer.

Salford Quays and Exchange Quay tram stops are located close by for travel in and around the city (0.3m and 0.4m respectively), with the bustling Manchester city centre only circa 1.5 miles away.

Grocery shopping is provided easily thanks to the local convenience stores nearby (Tesco Express 427ft, Co-op 0.3m).

General shopping, restaurants and bars can be accessed either via a short trip to Manchester (Circa 2.2m) or into Media City where you'll find a great selection including but not limited to; The Alchemist (0.7m), The Botanist (0.9m) and Nando's (0.7 m)

For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 0.8m and 4m away respectively.

For cultural activities, locally residents are only 1m from MediaCityUK which often hosts an array of food festivals, music gigs and activities.

Please note all distances quoted are approximate.

Square Footage: 452 sq ft
Leasehold with approximately 127 years remaining.


Additional Info

Ground rent is doubled for the first 30 years at 10 year intervals, thereafter it increases in line with RPI for every 10 years following. Next review due 2025.

Property information from this agent

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About this agent

Savills - Manchester Bridge Street
Savills - Manchester Bridge Street
50 Bridge Street Manchester M3 3BW
0161 506 8698
Full profileProperty listings
The core principle of our business is to deliver an exceptional service that is met with exceptional value. From market appraisals to negotiations, rental inspections to marketing and PR, we can help you with every step of the process of buying, selling, renting and letting your property. We like to think our services act as a one-stop shop for a comprehensive and collaborative services for all our clients. Our coverage reaches across the North West, and namely covers residential property services in and around Manchester, Salford and Cheshire. Most visited website Savills.co.uk is the most visited UK national estate agency website, averaging over 2.4 million visits a month in 2020, and recording over 3.1 million visits in January 2021. Global exposure Our site is available in 22 languages including English, Chinese, Spanish and Russian. This guarantees your property will have the global exposure it deserves as well as providing access to more buyers via our website. Put simply, because we get more qualified visits, you get more opportunities to sell.
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