2-bedroom flat · M5 3NQ
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Modern 2 Bedroom, 2 Bathroom Apartment with Balcony | X1 The Exchange | Fully Furnished A fantastic opportunity to rent this spacious and fully furnished two-bedroom, two-bathroom apartment in the sought-after X1 The Exchange development.
Complete with a private balcony, this modern apartment is ideal for professionals, couples or sharers looking for stylish living with excellent connectivity.
The property offers a bright and spacious open-plan living and dining area, a contemporary fitted kitchen with integrated appliances, two generous double bedrooms, and two modern bathrooms, including an en-suite to the principal bedroom.
The private balcony provides the perfect space to relax and enjoy outdoor living.
Residents at X1 The Exchange benefit from an excellent range of on-site amenities, including a fully equipped residents' gym available 24 hours a day and 24/7 on-site security with regular patrols across both this development and the neighbouring building, providing added peace of mind.
Ideally located, the development offers excellent public transport connections, making commuting simple.
MediaCityUK is just a short journey away, while Manchester city centre is easily accessible via nearby tram, bus and road links, placing some of the city's best shopping, restaurants and entertainment within easy reach.
Parking is available by separate negotiation from £80 pcm , subject to availability.
Key Features Two spacious double bedrooms Two modern bathrooms, including en-suite Fully furnished Private balcony Bright open-plan living space 24-hour residents' gym 24/7 on-site security with regular patrols Excellent public transport links Close to MediaCityUK Easy commute to Manchester city centre Parking available from £80 pcm (additional cost, subject to availability) Early viewing is highly recommended to appreciate everything this superb apartment has to offer.
Tenancy details Holding deposit equivalent to 1 weeks rent, £294.23 refundable upon successfully completing referencing.
Five week deposit entered into government protected scheme (dps) £1,471 otherwise. Reposit available £294.23 equivalent to one weeks rent which is non-refundable.
For more information or to book in a viewing call us today. Photos/layout may differ from advertisement.
X1 Lettings are a member of The Property Ombudsmen Redress Scheme and relevant Client Money Protection Schemes.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apt 501, The Exchange, Salford
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