Summary - 2 APARTMENT 504 NEW KINGS HEAD YARD SALFORD M3 7GH
2 bed 1 bath Apartment
Modern 2-bed city-centre flat with strong rental yield and EWS1 A1 clearance.
Two-bedroom apartment, approximately 656 sq ft (open-plan living)
A modern two-bedroom apartment in the heart of Salford’s Embankment West, built 2021 and presented as part of a high-quality mixed-use development. The open-plan living space benefits from a large floor-to-ceiling window that fills the apartment with natural light and offers city views across Greengate and Salford. The development won a Residential High‑rise award and includes on-site amenities and easy access to shops, cafes and transport links.
This unit is offered with an EWS1 A1 form and is currently tenanted until September 2026, making it immediately income-producing for investors. Current rent is cited at £1,450 pcm (7.16% yield) with a projected rent of £1,550 pcm (7.65% yield). The sale is described as cash-only and the apartment is Leasehold with a long lease (reported around 247–250 years remaining).
Buyers should note the material costs of ownership: an annual service charge of approximately £2,426.44 and a ground rent of £521.41 per year. Heating is electric via room heaters, and the main fuel is electricity, which can increase running costs compared with gas-heated flats. Council Tax is Band D and the EPC is rated C.
Overall this apartment suits investors seeking central, new-build accommodation with immediate rental income and strong yields. Owner-occupiers may value the location and modern specification but should factor leasehold costs and electric heating into affordability calculations.
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