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The Campus, 32 Frederick Road, Salford, M6

Key features

  • The property generates around a 10.5% net yield after all costs, which is strong for a fully managed, tenanted investment at this price point.

Description

X1 Sales presents tenanted studio apartment for sale in The Campus - Salford.
24 square metres.
Investment Opportunity, Cash Buyers please.

508C The Campus – Investment Opportunity

X1 Sales are pleased to present this fully furnished studio apartment within the popular X1 The Campus development.

This well-presented studio is being sold with a tenant already in situ and a management company in place, making it an ideal turnkey investment for hands-off landlords seeking immediate rental income.

The development is ideally located close to local universities and benefits from excellent transport links into the city centre, making it highly attractive to both students and young professionals.

Asking Price: £59,000

The apartment comprises approximately 24 sqm and, due to its size and nature, is suitable for cash buyers only.

Investment Highlights:
Tenant in place paying £215 per week
Fully managed investment (9% + VAT management fee)
EWS1 certificate in place
999-year lease (commenced 2018)

Strong rental demand location

Additional Information:
Ground rent: £482.96 per annum
Review date: 31/12/2026 (5-year RPI increases)
Council Tax Band A (students exempt; payable by professionals)

Please contact the team for further information or to arrange a viewing.

Please note: Images are for illustrative purposes only and may represent a similar unit within the development. They may not reflect the exact apartment available. Please ask for confirmation if required.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Campus, 32 Frederick Road, Salford, M6

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About X1 Sales & Lettings, Salford

9 Michigan Avenue, Salford, M50 2HA

Welcome to X1!

Whether you're looking to purchase your first buy-to-let property, build on your existing portfolio, buying for capital appreciation, or simply find your next home, X1 have properties for sale to suit a wide range of needs.

We are proud of the properties that we bring to market and our teams' in-depth knowledge of the local areas helps us to share a breadth of information to help you whatever your investment strategy may be.

Buying a property doesn't need to be a stressful experience and we are confident that when you buy with X1, it won't be.

Buying with X1 means you will enjoy a relationship with one point of contact and your sales negotiator will help every step of the way; from initial viewing, submitting an offer and will remain with you as you continue through progression and to the point of completion.

Take a look at some of our latest properties and don't hesitate to get in touch for further information - we are looking forward to working with you every step of the way!

Our offices are open

Monday - Friday 09:30 to 5pm.

We are not open evenings or weekends.

Affordability

Monthly repayments£270
Property: £ 59,000
Deposit: £ 5,900
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference SAL230044. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales & Lettings, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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