Exchange Point, 3 New Kings Head... 2 bed apartment for sale

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Exchange Point, 3 New Kings Head... 2 bed apartment for sale

Exchange Point, 3 New Kings Head Yard, Salford M3
£240,000

Price History

Initial price £260,000
18/07/25 £240,000
Price Change -7.69%

Description

This 3rd floor, 2-bedroom, 1-bathroom apartment in the Embankment West development is located in the city centre, just a short walk from Victoria Station and Deansgate. The property boasts a balcony and a total living space of 624 square feet. With a 250-year lease since 2020, the apartment is available to both investors and owner-occupants. Currently tenanted until August 2025, it offers a 6.75% rental yield at £1350 per month, with a projected 7.00% yield at £1400 per month. The service charge is approximately £2399 per annum, and the ground rent is £465.71 per annum, with a 5-year review period linked to RPI. With a C EPC rating and Council Tax Band D, this pet-friendly apartment is an attractive option for those looking to live in the heart of the city.