Summary - Embankment West, 3 New Kings Head Yard, SALFORD, M3 M3 7GN
1 bed 1 bath Apartment
Turnkey central-let unit with strong rental income potential and long lease.
["503 sq ft compact one-bed, modern open-plan layout","EWS1 A1 available — contemporary 2021 construction","Currently tenanted until September 2026","Strong advertised rental yield around 6.7%–7.2%","Service charge approx £1,890.22 pa; notable running cost","Ground rent approx £388.39 pa","Electric room heaters are the main heating — consider running costs","Long lease: 241 years remaining; low local crime"]
This fourth-floor studio-style one-bedroom in Embankment West offers a straightforward investment in Manchester city centre. Built in 2021, the contemporary apartment totals 503 sq ft with a compact open-plan layout and modern finishes — suited to single professionals or city renters. An EWS1 A1 form is available, and the building is pet-friendly.
The property is currently tenanted until September 2026 and demonstrates strong income potential: advertised rental yields of about 6.7%–7.2% at current rents (£1,250–£1,350 pcm). Its central location near Victoria Station and Deansgate makes it attractive to commuters and students in this cosmopolitan neighbourhood.
Running costs and practicalities are clear: service charge approximately £1,890.22 pa and ground rent about £388.39 pa, with room heaters and electric supply as the main heating/fuel arrangement. The long lease (241 years remaining) and low local crime add security, while council tax band B keeps occupancy costs modest.
The apartment is compact and will suit owners or landlords seeking city-centre convenience rather than family living. Investors should note the fixed tenancy until 2026 and the apartment’s electric heating setup when forecasting net yields and refurbishment needs.
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