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The Exchange, Elmira Way, Salford, M5

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

501 sq ft

47 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
4th Floor - 1 Bed
1

Key features

  • Spacious One Bedroom Apartment
  • Fully Furnished
  • Popular Development In A Fantastic Location
  • Conveniently Located Close To Salford Quays/MediaCityUK
  • Short Commute To Manchester City Centre
  • Walking Distance To Salford Quays Metrolink Stop
  • On-Site Gymnasium With 24hr Access
  • Telecom Entry System
  • Ideal Opportunity For Buy-To-Let Investors
  • Over 6% NET Yield

Description

PERFECT OPPORTUNITY FOR BUY-TO-LET INVESTORS!
Tenanted Until September 2025
Over 6% NET Yield
Fully Furnished
EWS1 Form Approved

Take a look at our 360 Virtual Tour & Video Walkthrough!

Current Financial Performance
Rental Income: £950pcm / £11,400pa
Service Charge: £1,580.16 per annum
Ground Rent: £250 per annum
Lettings Fee 8% + VAT: £1,094.40 per annum

NET Income: £8,475.44
NET Yield: 6.1%

Mr Investa are pleased to present to the market this SUPERB ONE BEDROOM APARTMENT, located on the 4th floor of a popular and fully occupied development, X1 The Exchange.

Convenient location, walking distance to a variety of shops, bars and restaurants in Salford Quays/MediaCityUK, including the Lowry Theatre and Lowry Outlet Mall, whilst Manchester City Centre is also easily accessible.

For commuters, Salford Quays Metrolink stop is conveniently located just across the road from the building!

This is an ideal property for buy-to-let investors looking to generate income from day one of ownership.

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Exchange, Elmira Way, Salford, M5

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Recently sold & under offer
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About Mr Investa Ltd, Salford

Mr Investa, Blue Tower, MediaCityUK, M50 2ST
Industry affiliations:Industry affiliation logo 0

We offer a unique and bespoke service for Landlord to Landlord Sales.

Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.

Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.

Our aim is to take the time, effort and stress away for our clients by doing all of the leg work for them, so we have created a simple 5 step process to help buy or sell a buy-to-let property.

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Disclaimer - Property reference MSN-42502455. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mr Investa Ltd, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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