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

The Exchange, 8 Elmira Way, Salford Quays, Greater Manchester, M5

By X1 Lettings

£ 170,000

Reviews

2 out of 5 stars

X1 Lettings says ..

FOURTH FLOOR one-bedroom listing in fully occupied building X1 The Exchange in central Salford Quays! Long term tenant in place.

Property Oracle says ..

This two-bedroom, two-bathroom apartment at The Exchange, Salford Quays, presents a modern and well-maintained living space. Located in a popular area known for its regeneration and amenities, the property benefits from convenient access to public transport (the Metrolink) and is relatively close to Manchester city centre. The interior, as shown in the photographs, exhibits a contemporary style with a clean and updated aesthetic. While the property is an apartment and consequently lacks outdoor space, its location and condition are definite positives. Nearby schools are present, however, the Ofsted ratings of some should be investigated. The provided price falls within the range of similar properties in the same development, making it competitively priced given the property’s current condition and overall location. Further due diligence regarding potential service charges and ground rent would be recommended as standard procedure before proceeding with any offer. The absence of plot size information in the listing is noteworthy and a potential point of further clarification needed.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
548.41

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
298,335.00 £
Increased by 24.44 %
from 239,734.00 £
Est sale value
246,236.09 £
Increased by 22.34 %
from 201,266.47 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est letting value
1,096.82 £/mo
Increased by 100.00 %
from 548.41 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • X1 Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Oasis Academy MediacityukAcademy Sponsor LedGood0.55 KM
St Joseph'S Rc Primary SchoolVoluntary Aided SchoolRequires improvement0.70 KM
Primrose Hill Children'S CentreChildren's Centre Linked Site0.92 KM
Primrose Hill Primary School And Children'S CentreCommunity SchoolRequires improvement0.94 KM
St Paul'S Cofe Primary SchoolAcademy Sponsor Led1.40 KM

Images

Picture No. 09 Picture No. 08 Picture No. 10 Picture No. 07 Picture No. 06 Picture No. 05 Picture No. 03 Picture No. 04 Picture No. 01 Picture No. 02

Nearby Streets

NameAverage PriceAverage SqftDistance
Hulton Street £ 000.00 KM
Clippers Quay £ 000.00 KM
King William Street £ 000.00 KM
Stern Avenue £ 000.00 KM
Trafford Road £ 159,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester United Football Ground2996MUF1.30 KM
Salford Crescent2794SLD1.94 KM
Salford Central2798SFD3.35 KM
Deansgate2963DGT3.48 KM
Trafford Park2969TRA3.58 KM

Nearby Properties

AddressPriceDistance
9 Craven Drive £ 162,0000.22 KM
3 Craven Drive £ 153,0000.22 KM
5 Craven Drive £ 158,0000.22 KM
41 Craven Drive £ 161,0000.24 KM
11 Paris Avenue £ 100,0000.29 KM