£80,000

Studio for sale

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Leasehold

£80,000

Studio for sale

X1 The Campus, Frederick Street, Salford, Manchester M6

1 bath
1 reception
EPC rating: B

Key Information

Tenure:
Leasehold (998 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Salford Crescent 0.3 miles
  • The Albion Academy 0.4 miles
  • St Paul's CofE Primary School 0.5 miles
  • Salford Central 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Salford to find out more about the local area.

Features and description

  • Leasehold
  • Generate instant income
  • Luxury studio apartment
  • Premium student accommodation
  • Tenanted for the 2024 academic year
  • Popular and well-kept development
  • Onsite gym and communal areas
  • On Salford universities doorstop
  • Excellent transport links
  • Fantastic location
  • Shops, bars and amenities nearby
X1 The Campus, Frederick Street, Salford, Manchester, M6 6Gz

This premium student studio apartment comes fully furnished to the highest specification and includes; a double bed, bedside table, wardrobe, a study area with desk, a sofa, dining table and chairs, a fitted kitchen with appliances and finally, a flat screen TV. X1 The Campus also provides residents with luxury communal facilities including a resident's only gym, a communal lounge and cinema room, bicycle storage, a laundry room, free Wi-Fi, overnight security and a secure entry system. With so much to offer, it is no surprise that X1 The Campus is so popular amongst students at the University of Salford!

X1 The Campus couldn't be in a more ideal location, literally being just around the corner from the University of Salford's Frederick Road campus, whilst Manchester city centre and MediaCityUK are also not too far away. X1 The Campus is within walking distance of local pubs and bars as well as a variety of great transport links, such as Salford Crescent Train Station and buses which link students to both Salford and Manchester city centres. Students also have access to local green spaces such as Peel Park where they can escape from busy university life, whilst also being well placed to enjoy all the benefits of modern urban living in one of the UK, most exciting cities.

Salford is an excellent place to invest right now with roughly 19,000 students enrolled at the University of Salford, a figure that is on the rise year on year. More than 90% of these students cannot be housed by the university and instead require private rental accommodation, meaning that high quality apartments such as the ones in X1 The Campus are snapped up extremely quickly. This property surely won't be on the market for long, enquire today to avoid disappointment!

Financial Breakdown

Gross Rent: £9,120.00
Net income: £5,458.28
Gross yield: 11.4%
Net yield: 6.82%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07522

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  1. Zoopla
  2. For sale
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