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1 bedroom apartment for sale
Embankment West, 3 New Kings Head Yard, SALFORD, M3
£165,000
Embankment West, 3 New Kings Head Yard, SALFORD, M3
£165,000
Price History
| Initial price | £200,000 |
| 28/06/24 | £195,000 |
| 03/08/24 | £191,000 |
| 12/08/24 | £190,000 |
| 03/05/25 | £180,000 |
| 10/07/25 | £175,000 |
| 15/07/25 | £165,000 |
| Price Change | -17.50% |
Description
This 3rd floor one-bedroom apartment in the Embankment West development offers a 9% rental yield, making it an attractive investment opportunity. The property is located in the city centre, just a stone's throw away from Victoria Station and Deansgate, and is pet-friendly. The apartment is currently tenanted until September 2026, and with a 250-year lease since 2020, offers long-term security. The service charge is approximately £1947 per annum, and the ground rent is approximately £388 per annum, with a 5-year review period linked to the Retail Price Index. With a projected 9.45% rental yield at £1300 per calendar month, this property is a great opportunity for investors and owner-occupants alike.