Summary - Apartment 1304, Laurence Place, 2 New Kings Head Yard, Salford M3 7GL
2 bed 1 bath Apartment
Modern flat with strong rental appeal near transport hubs.
Two-bedroom thirteenth-floor apartment with private balcony
A contemporary two-bedroom thirteenth-floor apartment in the Affinity Living Embankment West development, offered vacant and ready for immediate occupation or letting. The property includes an open-plan reception/kitchen, bathroom and private balcony, and benefits from onsite resident facilities such as 24-hour concierge, gym, co‑working space, café and secure bike storage. Built in 2021, the flat is modern and low-maintenance in finish.
This property sits in a cosmopolitan, student-heavy neighbourhood close to Victoria Station and Deansgate, supporting strong rental demand from students and young professionals. The long lease (approximately 242 years remaining) is a key positive for long-term ownership. Broadband and mobile connectivity are good, and the building’s contemporary specification helps appeal to short-let and longer-term tenants.
Buyers should note material costs and sale conditions: the service charge is £2,453.76 per annum and ground rent is £600 per annum. Heating is electric via room heaters, which can increase running costs compared with communal gas systems. The sale is by auction, unconditional on the day, being marketed by Joint Receivers with no warranties given; purchasers must consult the legal pack for full costs, special conditions and any additional fees.
This lot will suit investors seeking a modern, amenity-rich apartment in a major conurbation with good transport links, and buyers comfortable with auction procedure and associated upfront costs (10% deposit minimum and a buyer’s fee). Fringe factors: student neighbourhood dynamics, potential higher energy bills, and buyer diligence required due to the receivership sale.
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