The Campus, 32 Frederick Road... 1 bed property for sale

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The Campus, 32 Frederick Road... 1 bed property for sale

The Campus, 32 Frederick Road, Salford, Salford, M6
£72,500

Our Summary

  • Unit 607C Investment 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

X1 Sales is offering a tenanted studio apartment in the highly sought-after development, X1 The Campus, perfect for investors seeking a hassle-free opportunity. The fully furnished studio, measuring 24 square metres, is currently rented out for £776 per month and benefits from EWS1 certification, ensuring compliance with new regulations. The lease commenced in 2018 and has 999 years remaining, with a ground rent of £350 per year and a 9% + VAT management fee. The property is situated near the University of Salford, making it an ideal location for students and young professionals, with excellent transport links to Manchester City Centre and beyond. With a low maintenance investment, the 2024 service charge is £2,217.32 per year, pending 2025 figures. This ready-made investment offers consistent rental income and is suitable for cash buyers, providing a reliable source of income.
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