1 bedroom apartment for sale

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1 bedroom apartment for sale

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

Price History

Initial price £260,000
06/08/24 £254,000
22/11/24 £248,000
28/03/25 £245,000
09/04/25 £219,000
Price Change -15.77%

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. Parking is not included, but the building is situated in a prime location with good broadband and mobile signal coverage. The property is available to both investors and owner-occupants, with a projected 6.85% rental yield at £1250 PCM or 7.12% at £1300 PCM. The lease runs for 250 years from 2020, with a service charge of approximately £1947 per annum and ground rent of £425 per annum, reviewed every 5 years. The property is tenanted until August 2025 and is available to view subject to contract.