2 bedroom apartment for sale

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2 bedroom apartment for sale

New Kings Head Yard, Manchester, Greater Manchester, M3
£250,000

Price History

Initial price £255,000
20/02/25 £250,000
Price Change -1.96%

Description

This apartment is located in the heart of Manchester, one of the UK's fastest-growing cities, and is currently tenanted, generating a 6.23% yield. The property has recently been re-tenanted at £1,375 per month, increasing the yield to 6.47%. The apartment is part of the Embankment West development, which offers a range of amenities, including a gym, coworking space, on-site coffee shop, and 24/7 parcel collection. The property's prime location and excellent amenities have driven high demand from tenants, resulting in a 96% occupancy rate and high retention rates, making it an attractive investment opportunity.