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Studio flat for sale
Apartment 509, 2 New Kings Head Yard, Salford M3 7GH
£99,500
Apartment 509, 2 New Kings Head Yard, Salford M3 7GH
£99,500
Our Summary
- For sale on 29 May 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
Description
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Here is a summary of the property description in a single paragraph:
A studio apartment in the prestigious Affinity Living Embankment West development in Manchester city centre is up for auction. Built in 2021, the property features a range of high-end amenities, including a gym, coffee shop, and concierge service, and offers breathtaking views over Salford and Greengate. The apartment is a solid investment opportunity, generating a rental income of over £12,000 per year, and offers a 10% return on investment against the guide price. The property is being sold on a leasehold basis, with ground rent and service charge review periods to be confirmed in the lease documents. The auction will take place online, with bidding open to those who have registered in advance.