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The Campus, 32 Frederick Road... 1 bed property for sale
The Campus, 32 Frederick Road, Salford, Salford, M6
£72,500
The Campus, 32 Frederick Road, Salford, Salford, M6
£72,500
Our Summary
- Unit 607CInvestment Opportunity: Tenanted Studio Apartment in The Campus, SalfordX1 Sales is delighted to present this tenanted studio apartment in the highly sought-after development, X1 The Campus
- Perfectly positioned near the University of Salford, this fully furnished studio offers an excellent investment opportunity with a reliable tenant and professional management company already in place
- Ideally suited for cash buyers, offering consistent rental income
Description
This tenanted studio apartment in X1 The Campus, Salford, is an investment opportunity with a reliable tenant and professional management company already in place. The fully furnished property, measuring 24 square metres, is located near the University of Salford and offers excellent transport links to Manchester City Centre. The studio is let on a 999-year lease, with a rent of £776 per month, and the ground rent is £350 per year, with a review date in 2025. The management fee is 9% plus VAT, and the council tax is Band A, with students exempt and professionals responsible for their own council tax. The property also benefits from low maintenance, with a service charge of £2,217.32 per year, which includes water, Wi-Fi, and electricity. This is a ready-made investment opportunity for cash buyers, offering consistent rental income and a hassle-free experience.