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Elmira Way, The Exchange, M5
For sale
£100,000

Elmira Way, The Exchange, M5 3NQ

1bedroom
1bathroom
Flattype
430sq ft
Leaseholdtenure

Listed 22 Oct 2026 · Salford

How the price compares

This home£100,000£233 per sq ft
Median 1 bed in M5£170k38 homes listed · £328 per sq ft
Difference-41%below the area median

Key features

  • First floor one-bedroom apartment
  • Long-term tenant in situ - achieving £1,050 pcm
  • Situated in the heart of Salford Quays - tram links only a stones throw from building
  • Supermarkets & coffee shops in local area
  • Accessible to both Manchester and Media City
  • Onsite gym and security

About this home

Presenting an excellent investment opportunity, this well-appointed first-floor one-bedroom apartment is situated in the heart of Salford Quays, offering immediate access to an array of local amenities and unrivalled transport connections. The property is currently occupied by a reliable long-term tenant, making it an ideal prospect for investors seeking a secure and steady income stream. The apartment itself is designed to maximise both comfort and practicality, featuring a generously sized double bedroom with ample storage space, a modern bathroom fitted with quality fixtures, and an open-plan living and dining area that benefits from an abundance of natural light through large windows. The contemporary kitchen is equipped with integrated appliances and stylish cabinetry, providing a sleek yet functional space for everyday living. Residents of the building enjoy exclusive access to an onsite gym, perfect for those who value convenience and well-being, as well as the reassurance of onsite security. The location is second to none, with tram links just a stone’s throw from the building, ensuring swift connections to both Manchester city centre and the vibrant Media City. Supermarkets, coffee shops, and a variety of retail options are all within easy reach, creating a lively and convenient neighbourhood atmosphere. This sought-after setting appeals to professionals and commuters alike, with the added benefit of being close to cultural attractions, dining options, and entertainment venues. The apartment is presented in excellent condition, with neutral décor throughout, making it ready for immediate occupancy or continued tenancy. Whether you are expanding your investment portfolio or seeking a property in a dynamic and fast-growing area, this apartment represents a compelling choice. Early viewing is highly recommended to fully appreciate the quality of accommodation and the exceptional lifestyle on offer in this prime Salford Quays location. Please contact the office for further details or to arrange a viewing appointment. EPC Rating: C

Property details

Property type
Flat
Size
430 sq ft / 40 sq m
Tenure
Leasehold
Lease remaining
127 years left
Ground rent
£333.85 per year (Ask agent about the review period)
Service charge
£2,066.07 per year

Floorplan

All

Location

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1 on this map

  • 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£500£10,000 deposit · £90,000 loan
Stamp Duty£0England 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 22 Oct 2026; details checked 7 Nov 2026. Latest change: added on 22/10/2026.

Agent disclaimer

Disclaimer - Property reference 6d2ae817-13f7-4198-851b-2c524fd62c63. 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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