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Studio, in Laurence Place, £190,000
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Studio

Laurence Place, 2 New Kings Head Yard, SALFORD, M3
£190,000
-5.0%

Price History

Initial price £200,000
May 24, 2025 £196,000
Jun 19, 2025 £192,000
Sep 3, 2025 £190,000
Price Change -5.0%

Our Summary

  • With 365 High Quality apartments the development was part of a £10 million regeneration project - one of the most impressive undertaken in Manchester city centre in recent years - Affinity Living Embankment West will become the highly desirable residential development at the very heart of this new district

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Description

This 8th floor studio apartment in the Embankment West development offers a lucrative investment opportunity with a current 7.26% rental yield at £1150 per month and a projected 7.58% yield at £1200 per month. The property is located in the city centre, just around the corner from the Corn Exchange, and benefits from excellent views over Greengate and Salford. With a leasehold of 250 years from 2021, service charge of approximately £1551.88 per annum, and ground rent of approximately £343.79 per annum, this property is available to both investors and owner-occupants.

The apartment is currently tenanted until September 2026 and has an EPC rating of B. The development, which won the UK Property Awards, features high-quality apartments and a range of amenities, making it an attractive option for those looking for city centre living.