Exchange Point, Embankment West, New... 1 bed apartment for sale

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Exchange Point, Embankment West, New... 1 bed apartment for sale

Exchange Point, Embankment West, New Kings Head Yard, Salford, M3
£219,000

Price History

Initial price £248,000
28/03/25 £245,000
09/04/25 £219,000
Price Change -11.69%

Description

This 9th floor, 1-bedroom, 1-bathroom apartment in the Exchange Point Embankment West development offers 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 has a 250-year lease since 2020. The service charge is approximately £1947 per annum, and ground rent is £425 per annum, with a 5-year review period linked to RPI. The property is available to both investors and owner-occupants, with projected rental yields of 6.85% at £1250 per calendar month and 7.12% at £1300 per calendar month. The property is tenanted until August 2025.