X1 The Exchange External Buy to Let Property Manchester
X1 The Exchange Bedroom Buy to Let Property Manchester
X1 The Exchange Bathroom Buy to Let Property Manchester
X1 The Exchange Balcony Buy to Let Property Manchester
X1 The Exchange Gym Buy to Let Property Manchester
X1 The Exchange Communal Entrance Buy to Let Property Manchester
X1 The Exchange External Buy to Let Property Manchester
X1 The Exchange External Buy to Let Property Manchester

8 Elmira Way, Salford, Manchester M5 3NQ

X1 The Exchange was completed in 2016 and is now one of the most popular rental developments on Salford Quays. Comprised of 140 apartments overlooking the historic Salford Quays waterfront, X1 The Exchange brings luxury and elegance to this popular rental area. Attracting approx. 7 million visitors, at a value of around £479m, it is little wonder that Salford Quays is at the top of the list for residents seeking good quality properties, in a location that is accessible for both commuters and city centre workers alike.

What Is Available?

The apartment we have available is a 2 bedroom, 2 bathroom residential property, located on the third floor of the development being the largest apartment within the block. The property is tenanted until July 2020 currently being let out at £950 per calendar month. The apartment comes fully furnished with the addition of a balcony with views overlooking Salford Quays which are extremely popular with tenants.

This property, in particular, is a corner plot accentuating the views to 270 degrees. The development also has on-site services such as management by X1 Lettings and a private gymnasium making this investment opportunity even more attractive to possible tenants. Built to a high standard including facilities such as secure parking spaces, these high-end apartments are certain to generate a huge amount of interest from the local rental market.

Re-Sale Highlights

  • Development Completion Date: 2016
  • Residential, Student, Mixed Use: Residential 
  • Rental Occupancy History: Fully Let
  • Tenancy Ends: July 2020
  • Rental Amount: £950pcm
  • Apartment Details: Third Floor
  • Apartment Type: 2 Bedroom, 2 Bathroom
  • Lease: 138 year lease from March 2015
  • Ground Rent: £250 per annum
  • Service Charge: £1,659.60
  • Lettings Fee: £1,094.40
  • Management Company: X1 Lettings 

View more of our resale property investments here. 

*Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase.

what3words location /// drums.shirts.tidy

Key Features

4.5% Net Yield
Parking Included
In Demand Area
2 Bedroom, 2 Bathroom Residential Apartment
Largest Apartment Within The Block
Subscribe for future releases.
×

My Account


×

Create an Account

×

My Details

×

Enquire About This Property

Call Us Today
01244 343355

×

Lost Password

Lost your password? No problem! Enter your email address to verify your account.

×

Subscribe to Blog

×

Documents