Summary - Apartment 8, The Exchange, 8 Elmira Way, SALFORD M5 3NQ
2 bed 2 bath Apartment
First-floor two-bedroom in Salford Quays, vacant and ready to move in.
First-floor two-bedroom apartment with private balcony
This two-bedroom first-floor apartment in The Exchange sits in the growing Salford Quays–MediaCityUK corridor, a short tram ride from Manchester city centre. The open-plan living/kitchen opens onto a private balcony, offering compact city living with outside space. The property is offered with vacant possession and 128 years remaining on the lease, so it is ready to occupy or let immediately.
Practical details suit both buyers and investors: EPC C, an EWS1 form was completed in August 2021, and the apartment is described as having been tested with no required remedial works. Note the building does have cladding — purchasers should confirm the current external wall system position and any interim measures before exchange. Main heating is by electric room heaters, which can be more costly than communal gas systems.
Service charge and ground rent are material running costs to factor in. The service charge is around £3,000 pa and ground rent currently £250, with clause-driven increases (doubling in the first 30 years and reviews every ten years), and the next review due in 2025. These costs will affect yield for investors and monthly budgeting for owner-occupiers.
Location is a strong selling point: immediate access to tram stops, MediaCityUK amenities, restaurants and leisure, with very low local crime and fast broadband. The apartment’s size (approx. 644 sq ft) and layout will suit first-time buyers seeking a ready-to-move-in city home or investors targeting consistent rental demand in this cosmopolitan, student-neighbourhood corridor.
2 bedroom apartment for sale in Elmira Way, Salford, Greater Manchester, M5 — £160,000 • 2 bed • 2 bath • 688 ft²
2 bedroom flat for sale in The Exchange, 8 Elmira Way, Salford, M5 — £165,000 • 2 bed • 2 bath
1 bedroom apartment for sale in The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5 — £137,000 • 1 bed • 1 bath • 452 ft²
2 bedroom flat for sale in The Exchange, 8 Elmira Way, Salford Quays, Greater Manchester, M5 — £170,000 • 2 bed • 2 bath • 614 ft²
2 bedroom flat for sale in The Exchange, 8 Elmira Way, Salford, M5 — £175,000 • 2 bed • 2 bath • 635 ft²
2 bedroom flat for sale in The Exchange, 8 Elmira Way, Salford Quays, Greater Manchester, M5 — £165,000 • 2 bed • 2 bath • 614 ft²
