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Our Summary
- 23 Sqm Studio Properties | Exciting Hands-Off Investment Opportunity in Salford
- Studio Apartments | 23 sqm | Excellent Returns | Fully Furnished | SalfordAn ideal turnkey investment opportunity within the ever-popular X1 The Campus Blocks A-C development
- This high-yield, fully managed investment offers great potential for a steady income stream, making it an attractive option for investors looking for a hands-off, long-term rental opportunity
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Description
This property is a 23 sqm studio apartment located in Salford, within the popular X1 The Campus development. The apartment is fully furnished and tenanted, with a management company in place, ensuring a hands-off investment experience. The property offers a 999-year lease, with a ground rent of £350 per annum, which increases every 5 years based on the Retail Price Index.
The service charge covers water, Wi-Fi, and electricity, and the property is located close to the university with excellent transport links to the city center. The apartment features a range of amenities, including a free onsite gym, communal space, and bike storage, making it an attractive option for tenants. With a rent achieved of over £900 per month, this property offers a strong yield and is an ideal investment opportunity for those looking for a steady income stream.