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Chapel Street, Salford, Salford, M3 1 bed property for sale
Chapel Street, Salford, Salford, M3
£40,000
Chapel Street, Salford, Salford, M3
£40,000
Our Summary
- X1 Sales is proud to offer a ready made investment opportunity for the right buyer
- Student investment opportunity, not suitable for owner occupiers / live in landlords
Description
This student investment opportunity is a one-bedroom flat with an ensuite bathroom, located within a 5-bedroom cluster in a purpose-built student accommodation. The flat is fully furnished and shares a kitchen and living space with the other tenants in the cluster. The property is tenanted until August 2025 and generates £637 per month in rental income. The management company is in place, making it a ready-to-go investment for the right buyer. The property also features an on-site gym, laundry service, and secure bike storage. With a ground rent of £250 per year and a service charge of £3,895.87 for 2023, this investment opportunity is perfect for cash buyers looking for a hassle-free rental income.