1 bedroom flat for sale

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1 bedroom flat for sale

The Campus, 30 Frederick Road, Salford, M6
£76,000

Our Summary

  • Great Investment Opportunity, tenanted studio apartment in salford with management company and EWS1 in place

Description

This modern studio apartment in X1 The Campus Block B, Salford, is an excellent investment opportunity with a tenant already in place, generating immediate income. The property benefits from a 999-year lease, commenced in 2018, and a ground rent of £454.70 per year. The annual service charge is £2,217.32, and the average weekly rent achieved is £177. The apartment is part of a development that offers a range of amenities, including an on-site gym, communal space, and bike store, as well as on-site security and CCTV. The property is located close to Salford University and has good transport links into the city. With a review date of 2029 and a 5-year RPI & Billing Period, this investment opportunity is ideal for those looking to generate a steady income with minimal hassle.
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