1-bedroom flat · M5 3NY
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern 1-Bedroom Apartment – X1 The Exchange Available to rent – 1 bedroom, 1 bathroom apartment A well-presented one-bedroom apartment situated within X1 The Exchange, offering modern living with excellent access to Manchester city centre and MediaCity.
The property comprises a bright and comfortable living space, a fitted kitchen, one double bedroom and a modern bathroom, making it an ideal home for a single professional or couple.
Property Features One double bedroom One modern bathroom Open-plan living and kitchen area Residents' gym 24/7 security patrols across the X1 developments in the surrounding area Car parking available from £80 per month, subject to availability Excellent transport links Convenient access to Manchester city centre Close to MediaCity and Salford Quays Well-connected location with local amenities nearby Location X1 The Exchange is ideally positioned for those looking to enjoy convenient access to both Manchester city centre and MediaCity .
The surrounding area offers a range of shops, restaurants, bars and everyday amenities, while excellent transport connections make commuting straightforward.
This apartment would suit a professional tenant looking for a modern home in a well-connected development with useful on-site facilities and additional security. Contact us to arrange a viewing.
X1 Lettings are a member of The Property Ombudsman Redress Scheme and relevant Client Money Protection Schemes As well as paying the rent, you may also be required to make the following permitted payments: Holding deposit fee: equivelant to one weeks rent, either refundable or deducted from first months rent.
Deposit: five weeks rent Reposit: one off fee for the amount of a weeks rent. During the tenancy (payable to the Agent): Payment of up to £50 if you want to change the tenancy agreement.
Payment for the reasonably incurred costs for the loss of keys/security devices. Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
FAQ
About Elmira Way, The Exchange, M5
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