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The Exchange, 8 Elmira Way, Salford... 1 bed apartment for sale
The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5
£128,000
The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5
£128,000
Our Summary
- DescriptionSavills are delighted to present a turn key investment opportunity, with this one double bedroom apartment in the popular ‘The Exchange‘ development
Description
This one-bedroom apartment in the popular "The Exchange" development offers a turn-key investment opportunity. Located in the growth corridor between Salford Quays/MediaCityUK and Manchester City Centre, the apartment is nestled in a great location with easy access to local amenities, public transportation, and Manchester's city centre. The apartment features a spacious open-plan lounge, dining, and kitchen area, a well-appointed bedroom, and a modern three-piece bathroom. The property is currently tenanted until June 2026 and is suitable for buy-to-let investment only. The apartment has cladding, but an EWS1 form is available, and the current position is that it has been tested and no works are required. The leasehold has approximately 127 years remaining, with a ground rent that doubles for the first 30 years and then increases in line with RPI every 10 years.