£80,000
Studio for sale
30 Frederick Road, Salford M6Leasehold
1 bath
1 reception
EPC Rating: B
Key information
Tenure
Leasehold (993 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
9% net return
Hands off investment
Fully managed
Premium student accomodation
Ideal location
Spacious and well laid out studio
Modern kitchen
Ensuite bathroom
Communal areas
Enquire today for videos and further details
The Campus Block A 30 Frederick Road, Salford 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's 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 won't be on the market for very long, enquire today to avoid disappointment!
Financial Breakdown
Gross Rent: £10,800.00
Net income: £7,252.68
Gross yield: 13.5%
Net yield: 9.07%
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-07890
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