2 bed flat for sale

X1 The Exchange, 8 Elmira Way, Salford, Manchester M5

X1 The Exchange, 8 Elmira Way, Salford, Manchester, M5 3Nq

This stunning modern apartment is available to purchase as a tenanted, income-generating investment, offering an impressive net yield of approximately 6% from completion.

The property features an entrance hallway, a spacious open-plan living and dining area, a fully fitted high-gloss modern kitchen, balcony, a contemporary three-piece bathroom suite, a generous double bedroom, and a second well-sized double bedroom—making it an ideal home for young professionals, couples, or sharers.

Located within X1 The Exchange, the apartment is ideally positioned close to both MediaCityUK and Manchester city centre—two key employment and lifestyle hubs attracting a growing population of young professionals. The development offers a range of sought-after amenities, including a fully equipped on-site gym and stunning views over the quays and city skyline.

Salford and Manchester continue to be among the UK’s top buy-to-let hotspots. Industry forecasts suggest regional house price growth of up to 30% in the coming years, which follows a remarkable 40% increase in Salford property prices over the last five years. Salford is a city in motion, driven by bold regeneration and development projects that reinforce its status as one of the UK’s most innovative and forward-thinking business destinations.

Tenants at X1 The Exchange benefit from easy access to local shops, bars, and restaurants, as well as excellent transport links offering direct routes into Manchester city centre. Additionally, MediaCityUK is just a short walk away, providing a vibrant mix of cultural attractions and employment opportunities.

Financial Breakdown

Gross Rent: £15,000.00
Net income: £10,574.21
Gross yield: 9.38%
Net yield: 6.61%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08194