This one-bedroom apartment is located in the popular X1 The Exchange development in central Salford Quays, with a tenant already in situ. The property offers a 9% plus VAT management yield and a projected 6.3% net yield. The apartment is situated on the fourth floor and features a range of amenities, including an on-site gym and 24/7 security. The development is within walking distance of a variety of restaurants, bars, and shops, as well as the Lowry Theatre, Lowry Outlet, and Helly Hansen Watersports centre. The property is leasehold with 130 years remaining on the lease, and the annual ground rent is £250, with a 5-year RPI review date. The annual service charge is £1,834.93, and the property is in Council Tax Band B.