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For saleReduced 24 Aug 2025
£238,000

Embankment West, 2 New Kings Head Yard, SALFORD, M3 7GH

2bedrooms
1bathroom
Apartmenttype
656sq ft
Leaseholdtenure

Listed 6 Dec 2024 · price reduced 24 Aug 2025 · Salford

How the price compares

This home£238,000£363 per sq ft
Median 2 bed in M3£250k80 homes listed · £350 per sq ft
Difference-5%in line with the area

About this home

*** 7% RENTAL YIELD*** CITY CENTRE AROUND THE CORNER! 5th Floor 2-Bed Apartment in the Embankment West development. 656 Sq. Ft. EWS1 Form Available. Subject to Contract.

***CASH only*** EWS1 A1 Rated. Available to both Investors and Owner-Occupants. Currently 7.16% Rental Yield @ £1450 PCM. Projected 7.65% Rental Yield @ £1550 PCM. Property Tenanted until SEPT 2026.

Leasehold: 250 years from 2021 Service Charge: Approximately £2426.44 PA Ground Rent: £521.41 PA Council Tax Band - D EPC Rating - C

Laurence Place is a new development located in the heart of the city centre, excellently positioned between Greengate and the Corn Exchange. Living at Embankment West epitimises city centre living, whether it's grabbing a coffee from the on site Embankment cafe, or strolling into the town centre on a weekend for shopping. This two bedroom apartment is located on the 8th floor and has views over Greengate and Salford which can be enjoyed through a large floor to ceiling window which fills the living space with natural light.

Split across two buildings, Exchange Point and Laurence Place, Affinity Living Embankment West won the prestigious Residential High-rise Development UK award at the 2019/20 UK Property Awards. 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.

Property details

Property type
Apartment
Size
656 sq ft / 61 sq m
Council tax band
D
Tenure
Leasehold
Lease remaining
247 years left
Ground rent
£521.41 per year (Ask agent about the review period)
Service charge
£2,426.44 per year
Parking
No parking

Floorplan

Floorplan

Location

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  • Manchester Victoria Station0.3 mi
  • Salford Central Station0.3 mi
  • Market Street Tram Stop0.5 mi

What nearby homes sold for

Median sold prices in M3 over the last 12 months: flat £275k · terraced £375k · semi-detached £275k · detached £308k.

AddressTypeSoldPrice
Apartment 406, 2, New Kings Head Yard
Salford M3 7GH
Flat
Leasehold
29 Jul 2026£165,000
Apartment 509, 2, New Kings Head Yard
Salford M3 7GH
Flat
Leasehold
11 Jul 2025£100,000
Apartment 001, 2, New Kings Head Yard
Salford M3 7GH
Flat
Leasehold
23 Jul 2024£210,000
Apartment 103, 2, New Kings Head Yard
Salford M3 7GH
Flat
Leasehold
26 Feb 2024£175,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in M3

Buying costs

Monthly repayment£1,191£23,800 deposit · £214,200 loan
Stamp Duty£2,260England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by NEXIS Property, Manchester on Rightmove (original listing). First listed 6 Dec 2024; details checked 7 Nov 2026. Latest change: reduced on 24/08/2025.

Agent disclaimer

Disclaimer - Property reference DNG240632. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NEXIS Property, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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