1 Bedroom Apartment

8 Elmira Way, 
Salford, 
M5 3NQ
Purchase price
£118,000
  • Size: 45 sqm
  • Tenanted
ATTENTION INVESTORS - GENERATE IMMEDIATE INCOME WITH THIS STYLISH APARTMENT! Fourth floor one-bedroom apartment, moments from MediaCityUK.
  • Financial Performance*
Gross rent
£11,700
Ground rent
£334
Service charge
£2,066
Lettings fees
£1,170
Net income
£8,130
Gross yield
9.92%
Net yield
6.89%
  • Key Features
  • Turnkey investment
  • Popular and well maintained development
  • Fourth floor
  • One double bedroom
  • Secure development
  • Fully managed
  • Excellent location
  • Close to transport links and amenities

This modern 1-bedroom apartment presents an excellent opportunity to purchase a tenanted, income-generating investment, offering a highly attractive net yield of approximately 6% from completion.

Step inside to discover a bright and spacious open-plan living and dining area, a sleek high-gloss fitted kitchen, a contemporary three-piece bathroom suite and a generous double bedroom. This apartment is ideal for young professionals or couples seeking a stylish city pad with immediate rental potential.

Located in the heart of X1 The Exchange, the apartment is just minutes from MediaCityUK and Manchester city centre, two thriving hubs for work, culture, and lifestyle. Residents enjoy access to premium amenities including a fully equipped on-site gym and stunning views over the quays and city skyline.

Salford and Manchester remain among the UK’s most sought-after buy-to-let locations, with property prices in Salford having risen by 40% over the past five years and forecasts suggesting up to 30% further growth in the coming years. The area is undergoing major regeneration, cementing its reputation as one of the UK’s most dynamic and forward-thinking cities.

Tenants benefit from excellent transport links, local shops, bars, restaurants, and just a short walk to MediaCityUK, offering an unbeatable combination of convenience, lifestyle, and investment potential.

  • Financial Performance *
Gross rent
£11,700
Ground rent
£334
Lettings fees PA
£1,170
Service charge
£2,066
Net income
£8,130
Gross yield
9.92%
Net yield
6.89%

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1 Bedroom Apartment

8 Elmira Way, 
Salford
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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