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

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

By Savills

£ 140,000

Reviews

2 out of 5 stars

Savills says ..

One bedroom apartment in the popular 'The Exchange' development.

Property Oracle says ..

This one-bedroom apartment in Salford Quays’s ‘The Exchange’ development presents a potentially attractive opportunity for buyers. The location benefits from convenient access to public transport, including the Metrolink, and offers proximity to Manchester city centre. The apartment itself boasts a modern kitchen and bathroom, based on the provided images. While the photos reveal some clutter that might require attention, the overall condition appears to be satisfactory. A lack of outdoor space is a significant limitation. The list price of £140,000 may represent good value when compared with similar properties in the immediate vicinity, although more comprehensive data on price per square foot could provide a more precise valuation. Further investigation into the building’s specifics, such as service charges and maintenance costs, would be highly recommended before making a purchase decision. The presence of nearby schools (Oasis Academy Mediacityuk being rated good) is an added advantage for potential buyers with families.

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
6
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
452.00

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
202,948.00 £
Increased by 22.34 %
from 165,884.00 £
Average area rental value
1,397.00 £/mo
Increased by 10.61 %
from 1,263.00 £/mo
Est letting value
904.00 £/mo
Increased by 100.00 %
from 452.00 £/mo
Est rental Yield
5.62 %
Decreased by 11.08 %
from 6.32 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills 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

Bedroom External Living Living Living Kitchen Bedroom Bathroom

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
21 Paris Avenue £ 105,7500.29 KM