Summary - APARTMENT 813, 2, NEW KINGS HEAD YARD M3 7GJ
1 bed 1 bath Apartment
High-yield eighth-floor studio with tenant in place—ideal city-centre investor opportunity.
Eighth-floor studio with floor-to-ceiling window and city views
Located on the eighth floor of the contemporary Embankment West development, this compact 420 sq ft studio offers a straightforward city-centre income opportunity. Built in 2021 with an EWS1 A1 rating, the apartment benefits from a large floor-to-ceiling window that brings in natural light and provides views across Greengate and Salford. The building sits between Greengate and the Corn Exchange, with on-site amenities and excellent transport links suited to commuter and student demand.
This property is presented as a leasehold investment with a long lease (circa 247 years remaining), confirmed service charge (£1,551.88 pa) and ground rent (£343.79 pa). It is currently tenanted until September 2026, delivering a reported rental yield around 7.2–7.6% (at £1,150–£1,200 pcm). The low local crime rate, fast broadband, excellent mobile signal and nearby amenities support ongoing lettability, particularly to students or young professionals.
Buyers should note the studio layout is small and best suited to single occupants; the apartment uses electric room heaters which can increase running costs compared with gas-heated properties. The service charge is a recurring cost to factor into yield calculations and viewings will be subject to tenant access until the tenancy ends. The property’s new-build specification and central location, however, make it an efficient, low-maintenance addition to a rental portfolio or a convenient owner-occupier pied-à-terre.
Overall, this is a clear, city-centre investment with immediate rental income and long lease security. It will appeal to investors seeking a hands-off, high-yield asset in a lively, well-connected district; owner-occupiers should consider the compact size and electric heating when assessing ongoing living costs.
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