Studio flat in Salford

Apartment 509, 2 New Kings Head Yard, Salford M3 7GH
  • Lot No: 165
  • Property Type: Studio flat
  • Contract Type: Split fee

Guide Price* £95,000+ plus fees

Property Description

An ideal opportunity to acquire an apartment within an exclusive and desirable development. Affinity Living Embankment West is part of a £10 million regeneration project in Manchester city centre. Built in 2021 by prestigious developer Select Property Group, it features 365 premium apartments across two buildings – Laurence Place and Exchange Point. This high-end property is state-of-the-art with amenities and services in abundance. It successfully transformed Salford into one of the Manchester’s most desirable residential districts and was awarded the Residential High-Rise Development UK prize at 2019/20 UK Property Awards. Breath taking views over Salford and Greengate coupled with facilities which include gym, coffee shop and concierge service makes this apartment a superb BTL investment or home. This studio apartment commands a rental income in excess of £12k per year and as such offers a handsome return on investment for a savvy investor. With rental incomes rising this property offers approx. a 10% return against the guide price.

Leasehold Information

Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.


Additional Information:

Construction Material: (apartment block) Heating: Room heaters, electric. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as available. Satellite and Cable - BT and Sky show as available in this area.


Tenure

Leasehold