Summary - Apartment 616, The Exchange, 8 Elmira Way M5 3NQ
1 bed 1 bath Apartment
Contemporary city apartment close to Metrolink and MediaCity, ready-produced rental income.
Tenant in place at £925pcm until March 2025
This second-floor one-bedroom apartment is offered with a sitting tenant paying £925pcm until March 2025, making it a straightforward income purchase. The development is well-located for Metrolink stops and MediaCity, and residents have access to an on-site gym. An EWS1 (B1) and EPC B are available, supporting mortgageability and market appeal.
The open-plan living area and contemporary kitchen present a low-maintenance, modern finish with full-height windows and wood-effect flooring across approximately 442 sq ft. The bedroom and shower room are average in size and suitable for single professionals or couples seeking city convenience. Heating is by electric room heaters rather than central gas.
Practical points for investors: the property is leasehold with 127 years remaining and a small ground rent of £250. The tenancy ends in March 2025, so buyers should budget for potential voids or re-letting costs and confirm current service charge and insurance arrangements before purchase. Overall, this is a compact, city-edge buy-to-let with immediate income and straightforward tenant transition risk.
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