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Elmira Way, The Exchange, M5
For sale
£145,000

Elmira Way, The Exchange, M5 3NQ

2bedrooms
2bathrooms
Flattype
624sq ft
Leaseholdtenure

Listed 6 Oct 2026 · Salford

How the price compares

This home£145,000£232 per sq ft
Median 2 bed in M5£210k92 homes listed · £333 per sq ft
Difference-31%below the area median

Key features

  • Two-Bedroom / Two-Bathroom on 2nd Floor
  • Heart of Salford Quays
  • Tenant in situ achieving £1,250 pcm
  • Salford Quays tram stop a stones throw away
  • Fully furnished
  • Onsite security

About this home

This modern two-bedroom, two-bathroom apartment is situated on the second floor of a well-maintained development in the heart of Salford Quays. The property is ideally located for both professionals and investors, with a tenant currently in situ achieving a rental income of £1,250 per calendar month. The apartment is fully furnished to a high standard, offering a turnkey solution for those seeking a hassle-free investment or a stylish city home. The spacious open-plan living and dining area is complemented by large windows that allow for plenty of natural light, while the contemporary kitchen is fitted with integrated appliances and ample storage. Both bedrooms are generously sized, with the master benefiting from an en-suite bathroom, and there is a further modern family bathroom. Additional features include onsite security, providing peace of mind for residents, and a welcoming communal entrance with lift access to all floors.

The property is just a stone’s throw from Salford Quays tram stop, offering excellent transport links into Manchester city centre and beyond. The surrounding area boasts a wide array of amenities, including shops, bars, restaurants, and leisure facilities, all within easy walking distance. The picturesque waterfront and landscaped communal grounds provide a pleasant setting for relaxation and recreation. This apartment offers the perfect balance of urban convenience and comfortable living, making it an attractive choice for both owner-occupiers and investors alike. Viewings are highly recommended to fully appreciate the quality and location of this exceptional property.

Property details

Property type
Flat
Size
624 sq ft / 58 sq m
Council tax band
C
Tenure
Leasehold
Lease remaining
127 years left
Ground rent
£333.85 per year (Ask agent about the review period)
Service charge
£2,789.16 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£725£14,500 deposit · £130,500 loan
Stamp Duty£400England 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 6 Oct 2026; details checked 7 Nov 2026. Latest change: added on 06/10/2026.

Agent disclaimer

Disclaimer - Property reference 2d4334d7-034c-4e6d-943f-b3ef7b9ce1ec. 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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