Summary - APARTMENT 256, ENDEAVOUR HOUSE, 1B, ELMIRA WAY M5 3LN
1 bed 1 bath Flat
High-yield, tenant-in-place one-bedroom near MediaCityUK and tram links.
- Prime position opposite Salford Quays tram stop
- One bedroom, balcony, open-plan living area
- Fully furnished; tenant in situ until January 2026
- Gross yield ~10.4%; net yield ~6.6% (after stated costs)
- Service charge about £2,600 and ground rent £400 annually
- Leasehold with 127 years remaining
- Heating via electric room heaters (higher running costs)
- Hyperoptic broadband available; excellent transport links
A compact, high-yield one-bedroom apartment in Endeavour House, positioned directly opposite Salford Quays tram stop. Currently let on a short-hold tenancy (six months ending January 2026), the property produces strong headline income and is offered as a cash purchase — appealing to buy-to-let investors seeking immediate rental return in a buoyant Quays location.
The fourth-floor home is presented fully furnished with an open-plan living area, modern fitted kitchen and a balcony. Hyperoptic broadband is available and the area is within easy walking distance of MediaCityUK, restaurants, shops and tram links, making it attractive to students and professionals.
Buyers should note this is a leasehold investment with 127 years remaining, an annual service charge around £2,600 and ground rent approximately £400. Heating is by electric room heaters, which can mean higher running costs compared with central heating systems. The flat is sold with a tenant in situ, so immediate vacant possession cannot be guaranteed.
For investors this is a straightforward, well-located rental asset with above-average gross yield; for occupiers it offers a low-maintenance, well-connected one-bedroom home but carries leasehold costs and electric heating to consider.
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