The Gateway, 15 Trafford Road, Salford, Greater Manchester, M5

Listed 30 Jul 2026 · Salford
High-Yield Tenanted Investment Opportunity – One-Bedroom Apartment, Salford Quays Investment Overview Asking Price: £100,000 Tenant in Situ: Let until 27/07/2026 Rent: £975 pcm (£11,700 pa) Management Fee: 9% + VAT (10.8% total) Service Charge: £2,600 pa Ground Rent: £400 pa Investment Breakdown Annual Rental Income: £11,700 Annual Costs: Lettings Management Fee: £11,700 × 10.8% = £1,263.60 Service Charge: £2,600 Ground Rent: £400 Total Annual Costs: £4,263.60 Net Annual Income: £11,700 – £4,263.60 = £7,436.40 Yield Calculations: Gross Yield: 11.7% Net Yield: 7.4% Strong, predictable rental income for a cash investor, with tenant already in situ. Property Features Prime Salford Quays location
One-bedroom apartment with balcony Fully furnished, modern kitchen and bathroom Ideal buy-to-let investment for students or professionals Hyperoptic internet – attractive to modern tenants Local Amenities Lowry Outlet & Lowry Theatre within walking distance Range of bars, restaurants, and cafes nearby 10-minute walk to Salford Quays & Exchange Quay tram stops Tesco Express and other shops close by Easy commute to Manchester City Centre Walking distance to MediaCityUK Investment Highlights
High-yielding, fully tenanted property Predictable rental income with minimal management risk Excellent location with strong demand from professionals and students Secure cash flow and low void risk Note: Images may be of the show apartment. Size and layout of individual apartments may vary. Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
EPC Rating: C
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Median sold prices in M5 over the last 12 months: flat £190k · terraced £240k · semi-detached £264k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Apartment 31, Gilbert House, 2, Elmira Way Salford M5 3DE | Flat Leasehold | 28 Aug 2026 | £165,000 |
| Apartment 328, Spinner House, 1a, Elmira Way Salford M5 3LH | Flat Leasehold | 23 Jul 2026 | £60,000 |
| Apartment 351, Spinner House, 1a, Elmira Way Salford M5 3LH | Flat Leasehold | 6 Jul 2026 | £125,000 |
| Apartment 33, Platt House, 5, Elmira Way Salford M5 3DR | Flat Leasehold | 25 Jun 2026 | £180,000 |
| Apartment 516, The Exchange, 8, Elmira Way Salford M5 3NQ | Flat Leasehold | 29 May 2026 | £97,500 |
| Apartment 9, Platt House, 5, Elmira Way Salford M5 3DR | Flat Leasehold | 1 May 2026 | £173,000 |
| Apartment 347, Spinner House, 1a, Elmira Way Salford M5 3LH | Flat Leasehold | 30 Apr 2026 | £125,000 |
| Apartment 44, Egerton House, 3, Elmira Way Salford M5 3DH | Flat Leasehold | 10 Apr 2026 | £175,000 |
| Apartment 408, The Exchange, 8, Elmira Way Salford M5 3NQ | Flat Leasehold | 2 Apr 2026 | £162,500 |
| Apartment 33, Walker House, 6, Elmira Way Salford M5 3DU | Flat Leasehold | 13 Mar 2026 | £168,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M5
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by X1 Sales & Lettings, Salford on Rightmove (original listing). First listed 30 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 23/02/2026.
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