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
£180,000

Price History

Initial price £190,000
03/05/25 £180,000
Price Change -5.26%

Description

This 3rd floor one-bedroom apartment is located in the Embankment West development, just a short walk from the city centre. The property boasts 527 sq ft of living space and comes with an EWS1 form available, making it suitable for mortgage buyers. With a 250-year lease since 2020, the property offers a projected 8.33% rental yield at £1250 PCM, currently achieving an 8.00% yield at £1200 PCM. The apartment is tenanted until August 2025 and comes with a service charge of £1947 PA and ground rent of £388 PA, which is reviewed every 5 years. With a pet-friendly policy, this apartment is perfectly situated for commuters, being just a stone's throw from Victoria Station and Deansgate, offering easy access to nearby cities and outer Manchester.