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
£190,000

Price History

Initial price £200,000
23/05/25 £196,000
19/06/25 £192,000
02/09/25 £190,000
Price Change -5.00%

Description

This 8th floor studio apartment in the Embankment West development offers a lucrative investment opportunity with a current 7.26% rental yield at £1150 per month and a projected 7.58% yield at £1200 per month. The property is located in the city centre, just around the corner from the Corn Exchange, and benefits from excellent views over Greengate and Salford. With a leasehold of 250 years from 2021, service charge of approximately £1551.88 per annum, and ground rent of approximately £343.79 per annum, this property is available to both investors and owner-occupants. The apartment is currently tenanted until September 2026 and has an EPC rating of B. The development, which won the UK Property Awards, features high-quality apartments and a range of amenities, making it an attractive option for those looking for city centre living.