Laurence Place, 2 New Kings Head... Studio for sale

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Laurence Place, 2 New Kings Head... Studio for sale

Laurence Place, 2 New Kings Head Yard, Salford M3
£196,000

Price History

Initial price £200,000
23/05/25 £196,000
Price Change -2.00%

Description

This 8th floor studio apartment is located in the Embankment West development, a prestigious residential complex in the heart of Manchester's city centre. With a floor area of 420 Sq. Ft, the apartment features a large floor-to-ceiling window that fills the living space with natural light and offers views over Greengate and Salford. The property is currently tenanted until August 2024 and offers a 6.73% rental yield, with a projected increase to 7.04% once the rent is increased to £1150 per month. The apartment is leasehold for 250 years from 2021, with a service charge of approximately £1551.88 per annum and a ground rent of approximately £343.79 per annum. The property is EWS1 A1 rated and has a B energy performance certificate rating. With its central location, on-site cafe, and stunning views, this apartment is perfect for both investors and owner-occupants.