Elmira Way, Salford, Greater Manchester, M5 3NQ | Property for sale | Savills
648 sq ft(60.20 sq m)
Guide price £175,000

Elmira WaySalford, Greater Manchester, M5 3NQ

  • New
Flat / Apartment
648 sq ft (60.20 sq m)
2Bedrooms
2Receptions

Key features

  • Sizeable two bedroom apartment
  • Convenient Salford Quays location
  • Private balcony
  • EWS1 Available
  • Currently tenanted until May 2025 at £1,200PCM

Investors only! Two double bedroom, two bathroom apartment with balcony in The Exchange.

About this property

  • Savills are delighted to present a turn key investment opportunity, with this two double bedroom, two bathroom 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 open-plan lounge, dining and kitchen area with a balcony off the living space.

    Benefitting from two double bedrooms, the primary bedroom enjoys an en suite bathroom, whilst the primary bathroom is a modern three piece suite.

    The apartment is currently tenanted at £1,200pcm until May 2025, and is therefore at present 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.

    View payable Stamp Duty for this property

Great option for a straightforward turn key investment in an area undergoing large scale regeneration.

Ryan GriffinProperty agent

Local information

  • 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.

Additional information

  • Lease expiry date: 2153
  • 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.
  • EPC Rating: C
  • Tenure: Leasehold. Lease Expiry: 15/03/2153 (128 years remaining)
  • Service Charge: £2,268.00pa
  • Ground Rent: £250.00pa (review date TBC)
  • Council Tax Band: C