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For saleReduced 20 May 2026
£110,000Guide price

The Exchange, 8 Elmira Way, Salford, Greater Manchester, M5 3NQ

1bedroom
1bathroom
Ask agenttype
Leaseholdtenure

Listed 19 May 2026 · price reduced 20 May 2026 · Salford

How the price compares

This home£110,000
Median 1 bed in M5£170k38 homes listed · £328 per sq ft
Difference-35%below the area median

Key features

  • 1 Bedroom Apartment
  • Open Plan Living/Kitchen
  • Fully Fitted & Integrated Kitchen
  • Shower Room

About this home

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £110,000.

Limited Lending Pool

Qube Residential are delighted to bring to the market this one bedroom property in The Exchange, 8 Elmira Way, Salford. Comprising of one double bedroom, main bathroom and kitchen through living room. The property comes fully furnished including white goods. Within walking distance of Salford Quays and close to great transport links. Call to book your viewing today!

Service Charges: £2,613 PA Ground Rent: £250 PA (5 Year RPI) review date 19.03.2030 Lease Length: 129 Years Remaining. Awaiting EWS-1

Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Entrance Hall 2.1m x 1.3m Laminated flooring, intercom, built in stoarge cupboard housing washer/dryer.

Open Plan Living/Kitchen 6.42m x 3.36m Laminated flooring, ceiling to floor double glazed window, wall mounted electric radiator, recessed spotlights to ceiling, opens onto kitchen.

Kitchen Range of wall and base units, flat edged work surfaces, integrated electric oven and hob with extractor, circular sink and drainer with mixer taps, integrated dishwasher, integrated fridge freezer, recessed spotlights to ceiling.

Bedroom 4.21m x 3m Laminated flooring, ceiling to floor double glazed window, wall mounted electric radiator, recessed spotlights to ceiling.

Shower Room 2.1m x 1.37m Tiled flooring, low level w/c, pedestal wash basin, shower cubicle with power shower, chrome vertical towel warmer, recessed spotlights to ceiling, tiled to compliment.

Property details

Property type
Ask agent
Tenure
Leasehold

Floorplan

Floorplan

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 516, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
29 May 2026£97,500
Apartment 408, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
2 Apr 2026£162,500
Apartment 202, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
27 Feb 2026£153,000
Apartment 112, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
5 Feb 2026£158,000
Apartment 411, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
28 Jan 2026£163,000
Apartment 215, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
19 Dec 2025£150,000
Apartment 312, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
2 Oct 2025£157,000
Apartment 113, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
7 Feb 2025£160,000
Apartment 114, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
27 Jan 2025£100,000
Apartment 415, The Exchange, 8, Elmira Way
Salford M5 3NQ
Flat
Leasehold
16 Sept 2024£172,000

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£550£11,000 deposit · £99,000 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 QUBE Residential, Salford Quays on Rightmove (original listing). First listed 19 May 2026; details checked 7 Nov 2026. Latest change: reduced on 20/05/2026.

Agent disclaimer

Disclaimer - Property reference LVP250212. 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 QUBE Residential, Salford Quays. 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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