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1 bed property, in Endeavour House, £100,000
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1 bed flat

Endeavour House, 1b Elmira Way, Salford, M5
£100,000
-16.3%

Price History

Initial price £119,500
Jul 2, 2025 £115,000
Oct 7, 2025 £112,500
Jan 14, 2026 £102,500
Feb 24, 2026 £100,000
Price Change -16.3%

Our Summary

  • High-Yield Tenanted Investment Opportunity – One-Bedroom ApartmentInvestment BreakdownAsking Price: £112,500Tenant in Situ: Short hold tenancy (6 months ending January 2026)Rent: £975 per monthManagement Fee: 9% + VAT (10

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Description

This is a fourth-floor one-bedroom apartment in Salford Quays, located opposite the tram stop, making it ideal for those working in Manchester City Centre. The property is fully furnished and comes with a sitting tenant, with a short hold tenancy ending in January 2026. The asking price is £112,500, with an annual rental income of £11,700 and annual costs of £4,263.60, resulting in a gross yield of 10.40% and a net yield of 6.61%.

The property features a balcony, Hyperoptic internet, and is within walking distance to local amenities such as the Lowry Outlet, Lowry Theatre, and MediaCityUK. The tenant is currently paying £975 per month, with a management fee of 9% + VAT and a service charge of £2,600 per annum.