Embankment West, 3 New Kings Head... 1 bed apartment for sale

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Embankment West, 3 New Kings Head... 1 bed apartment for sale

Embankment West, 3 New Kings Head Yard, SALFORD, M3
£165,000

Price History

Initial price £190,000
03/05/25 £180,000
10/07/25 £175,000
14/07/25 £165,000
Price Change -13.16%

Description

This 3rd floor one-bedroom apartment in the Embankment West development is located in the heart of the city, just a stone's throw away from Victoria Station and Deansgate. The property offers 527 square feet of living space and is available to both investors and owner-occupants. Currently tenanted until August 2025, the apartment has a 250-year lease since 2020 and a service charge of £1947 per annum. The ground rent is £388 per annum, with a 5-year review period linked to the Retail Prices Index. The property has a rental yield of 8.73% at £1200 per calendar month, projected to increase to 9.09% at £1250 per calendar month. With a pet-friendly policy, this apartment is an excellent opportunity for those looking to invest or live in the city centre.