Summary - Apartment 261 Endeavour House, 1b, Elmira Way M5 3LN
2 bed 2 bath Flat
Immediate rental income in a well-connected MediaCity location.
Two bedrooms and two bathrooms, approx. 700 sq ft
Tenant in place — rental income £975 pcm until Feb 2025
Fully furnished with fitted kitchen and bathroom
Balcony and Hyperoptic high-speed broadband available
Leasehold: 127 years remaining (ample term)
Service charge £2,964.71 pa and ground rent £275 pa (10-year RPI)
Electric room heaters — higher running costs than gas heating
Show images are of a display apartment; layouts may vary
Set within Endeavour House on Elmira Way, this two-bedroom apartment offers a practical buy-to-let or first-step purchase in the Salford Quays/MediaCity area. The property is presented fully furnished, includes a balcony, and benefits from Hyperoptic high-speed broadband — appealing to students and young professionals. It comes with a sitting tenant paying £975 pcm, providing immediate rental income until February 2025.
The apartment is average-sized (about 700 sq ft) with two bathrooms and modern, neutral décor showcased in the marketing images. Heating is electric via room heaters and the building has an average thermal performance. The lease has 127 years remaining, which is ample for mortgage and investment purposes; annual service charge is £2,964.71 and ground rent £275 with a 10-year RPI review.
Location is a core strength: a short walk to Salford Quays, MediaCity and local tram stops, with shops, restaurants and leisure options close by. Flood risk and local crime are low, and mobile and broadband connectivity are excellent. Buyers should note the higher running costs associated with electric heating and the comparatively high service charge when assessing returns or monthly budgets.
This apartment suits investors seeking steady income in a student/multicultural neighbourhood or buyers wanting a well-connected city-base. Images shown are of a show apartment — actual layout and finishes may vary between units.
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