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1 bed property, in Cheltenham Place, £104,950
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1 bed property

Cheltenham Place, 33 Frederick Road, Salford, M6
Cash Buyers
£104,950

Our Summary

  • Suitable cash buyer investment
  • | Suitable Investment Opportunity - Cash Buyer | Peppercorn Ground Rent 4th Floor Investment Studio | New Development | Fully Tenanted Investment Opportunity | Cash Buyer Investor This completed and tenanted studio apartment offers immediate rental income for investors seeking a hassle-free opportunity

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Description

The property is a studio apartment located on the 4th floor of a new development with a 999-year lease from 2024 and a peppercorn ground rent. It is fully tenanted, achieving £975 per month, and has a service charge of £2,529 per year. The apartment is fully furnished and fitted to a high specification with modern kitchens, integrated appliances, quality worktops, and fully tiled ensuite bathrooms in a contemporary finish.

The resident facilities include a fully equipped gymnasium, laundry facilities, and secure bike storage, with excellent connectivity just a five-minute walk from Salford Crescent Station.