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Exchange Point, Embankment West, New... 1 bed apartment for sale
Exchange Point, Embankment West, New Kings Head Yard, Salford M3
£214,000
Exchange Point, Embankment West, New Kings Head Yard, Salford M3
£214,000
Price History
Initial price | £260,000 |
06/08/24 | £254,000 |
29/11/24 | £248,000 |
28/03/25 | £245,000 |
09/04/25 | £219,000 |
01/07/25 | £214,000 |
Price Change | -17.69% |
Description
This 9th floor, 1-bedroom, 1-bathroom apartment in the Exchange Point Embankment West development boasts a city view balcony and 527 square feet of living space. The property is pet-friendly and features electric heating, with amenities including a gym, resident workspace, 24-hour concierge, and in-house cafe. The building is EWS1 A1 rated and mortgage buyers are welcome. The property is currently tenanted until August 2025 and offers a 7.01% rental yield at £1250 per month, with a projected yield of 7.29% at £1300 per month. The lease has 250 years remaining since 2020, with a service charge of approximately £1947 per annum and ground rent of £425 per annum, which reviews every 5 years linked to RPI. The property is located in one of Manchester's biggest residential developments, Embankment West, which offers a range of amenities and a thriving community.