Popular
Total views: 2500+
Floorplan
Map1 bedroom flat for sale
Endeavour House, 1b Elmira Way, Salford, M5
Flat
1 bed
1 bath
441
EPC rating: C
Key information
Tenure: Leasehold | 127 yrs left
Ground rent: £400.85 per annum | review period: 5 yrs
Service charge: £2,600 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Gross Yield: 9.79%
- Net Yield (After Costs): 6.22%
- Cash purchase
- 41 Sq Metres
- Overnight security
- Close to local shops, bars and restaurants
- Opposite salford quays tram stop
- Walking distance to media city
- Fourth floor
- Idyllic salford quays location
FOURTH FLOOR ONE bedroom apartment comes fully furnished with a sitting tenant. This is a great location for those working close by or in Manchester City Centre as the SALFORD QUAYS TRAM STOP is opposite.
High-Yield Tenanted Investment Opportunity – One-Bedroom Apartment
Investment Breakdown
Asking Price: £112,500
Tenant in Situ: Short hold tenancy (6 months ending January 2026)
Rent: £975 per month
Management Fee: 9% + VAT (10.8% total)
Service Charge: £2,600
Ground Rent: £400
Annual Rental Income
£975 × 12 = £11,700
Annual Costs
Lettings Management Fee (9% + VAT)
Service Charge: £2,600
Ground Rent: £400
Yields
Gross Yield:
= 10.40%
Net Yield (After Costs):
= 6.61%
Summary
Asking Price £112,500
Annual Rent £11,700
Annual Costs £4,263.60
Net Income £7,436.40
Gross Yield 10.40%
Net Yield 6.61%
Property Features:
Prime Salford Quays Location
One-Bedroom Apartment with Balcony
Ideal Buy-to-Let investment, perfect for students and professionals
Hyperoptic Internet available – ideal for modern tenants
Furnishing & Fittings:
Fully Furnished
Fitted Kitchen
Modern Bathroom
Local Amenities:
Lowry Outlet & Lowry Theatre within walking distance
Variety of bars, restaurants, and cafes nearby
Just a 10-minute walk from Salford Quays & Exchange Quay tram stops
Tesco Express within reach
Easy commute to Manchester City Centre
Walking distance to MediaCityUK
Note: The images provided are of the show apartment. The size and layout of individual apartments may vary.
High-Yield Tenanted Investment Opportunity – One-Bedroom Apartment
Investment Breakdown
Asking Price: £112,500
Tenant in Situ: Short hold tenancy (6 months ending January 2026)
Rent: £975 per month
Management Fee: 9% + VAT (10.8% total)
Service Charge: £2,600
Ground Rent: £400
Annual Rental Income
£975 × 12 = £11,700
Annual Costs
Lettings Management Fee (9% + VAT)
Service Charge: £2,600
Ground Rent: £400
Yields
Gross Yield:
= 10.40%
Net Yield (After Costs):
= 6.61%
Summary
Asking Price £112,500
Annual Rent £11,700
Annual Costs £4,263.60
Net Income £7,436.40
Gross Yield 10.40%
Net Yield 6.61%
Property Features:
Prime Salford Quays Location
One-Bedroom Apartment with Balcony
Ideal Buy-to-Let investment, perfect for students and professionals
Hyperoptic Internet available – ideal for modern tenants
Furnishing & Fittings:
Fully Furnished
Fitted Kitchen
Modern Bathroom
Local Amenities:
Lowry Outlet & Lowry Theatre within walking distance
Variety of bars, restaurants, and cafes nearby
Just a 10-minute walk from Salford Quays & Exchange Quay tram stops
Tesco Express within reach
Easy commute to Manchester City Centre
Walking distance to MediaCityUK
Note: The images provided are of the show apartment. The size and layout of individual apartments may vary.
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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