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Elmira Way, The Exchange, M5
For saleReduced 27 Aug 2026
£160,000Fixed price

Elmira Way, The Exchange, M5 3NQ

2bedrooms
2bathrooms
Flattype
635sq ft
Leaseholdtenure

Listed 7 Jul 2026 · price reduced 27 Aug 2026 · Salford

How the price compares

This home£160,000£252 per sq ft
Median 2 bed in M5£210k92 homes listed · £333 per sq ft
Difference-24%below the area median

About this home

X1 Sales & Lettings presents this fifth floor two-bedroom, two-bathroom apartment for sale in X1 The Exchange. Sample photos shown of similar property within the Development. £1,200 monthly rental income - Suited to BTL investors! About this development X1 The Exchange has a range of fully furnished, spacious apartments in the heart of Salford Quays. The property is a short walk away from a wide choice of restaurants, bars and shops in the ever popular Media City. The Lowry Theatre, Lowry Outlet and Helly Hansen Watersports centre are highlights of this property’s location. An on site gym is available 24/7 using a tenant access card. An overnight security guard is stationed on site every evening until early morning. Overview:

Tenure - Leasehold (130 years, 5 months remaining)

COUNCIL TAX BAND C

EPC Rating C

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.

Property details

Property type
Flat
Size
635 sq ft / 59 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
126 years left
Ground rent
£333.85 per year (Ask agent about the review period)
Service charge
£2,969.93 per year

Floorplan

All

Location

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  • Salford Quays Tram Stop0.1 mi
  • Exchange Quay Tram Stop0.2 mi
  • Anchorage Tram Stop0.3 mi

What nearby homes sold for

Median sold prices in M5 over the last 12 months: flat £190k · terraced £240k · semi-detached £264k.

AddressTypeSoldPrice
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

Buying costs

Monthly repayment£800£16,000 deposit · £144,000 loan
Stamp Duty£700England rates

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 7 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 27/08/2026.

Agent disclaimer

Disclaimer - Property reference fbfc4472-a468-494d-856f-659110d0c659. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales & Lettings, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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