Summary - Exchange Point, Embankment West, New Kings Head Yard, Salford, M3 M3 7GN
1 bed 1 bath Apartment
Turnkey income opportunity with strong yield and resident amenities.
9th-floor one-bedroom with private balcony and city views
527 sq ft — compact, efficient layout for easy rental management
Tenanted until Sept 2026; current rent £1,300 pcm
Gross rental yield 7.29% (current), projected 7.57% at higher rent
Leasehold: ~247 years remaining since 2020 (long lease)
Service charge ~£1,947 pa; ground rent ~£425 pa (2025 figures)
No parking included; on-street only
Electric heating (room heaters) — higher running costs possible
This ninth-floor, one-bedroom apartment in Embankment West offers a compact 527 sq ft layout with a private balcony and clear city views — a straightforward buy-to-let with immediate income. The building delivers wide appeal: modern construction (2020), resident amenities including a gym, workspace and 24-hour concierge, and an A1 EWS1 rating for peace of mind.
Financially this flat is configured for investors. It is tenanted until September 2026 and currently achieves a 7.29% gross rental yield at £1,300 pcm, with a projected yield of 7.57% at £1,350 pcm. The long lease (around 247 years remaining) reduces long-term lease risk and mortgage lenders are typically willing to lend against the unit.
Buyers should note the material running costs: an annual service charge of approximately £1,947 and ground rent of about £425 (both 2025 figures). Parking is not included and heating is electric room heaters, which may affect utility bills and tenant appeal for some occupiers. The property is best suited to investors seeking central, low-maintenance stock or professionals/students wanting central city living.
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