2 bedroom apartment for sale

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2 bedroom apartment for sale

X1 The Exchange, 8 Elmira Way, Salford, Manchester M5
£160,000

Our Summary

  • Ideal investment opportunity

Description

This modern apartment at X1 The Exchange in Salford, Manchester, is available for purchase as a tenanted investment property, generating a net yield of 6% from completion. The apartment features an open-plan living and dining area, private balcony, fully-fitted kitchen, two double bedrooms, and a three-piece bathroom. The development offers on-site gym and stunning views of the quays and city. Located near Media City UK and Manchester city centre, it's an ideal home for young professionals, couples, and sharers. The property is situated in one of the UK's most exciting rental landscapes, with strong potential for regional house price growth. The current gross rent is £14,700, with a net income of £10,304.21, making it an attractive investment opportunity.