Cheltenham Place, 33 Frederick Road, Salford, Salford, M6
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Investment Summary:
- Achieving £975 pcm (£11,700 p/a)
- Gross yield of 9.8%
- Net yield approx. 7.1% after costs
- Fully managed at 9% + VAT – hands-off investment
Description
Apartment 312 | 3rd Floor Investment Studio | Fully Tenanted
This newly completed, fully tenanted studio apartment offers a ready-made investment with immediate rental income and professional management already in place.
Investment Overview:
Rental Income: £975 pcm (£11,700 per annum)
Lettings Management Fee: 9% + VAT
Service Charge: £2,120.13 per annum
Ground Rent: Peppercorn
Lease: 999 years (from 2024)
EWS1 Approved
Property Details:
Located on the 3rd floor of a modern 15-storey development on Frederick Road, Apartment 312 is finished to a high specification, appealing to the strong local rental market.
The studio is fully furnished and comprises:
Contemporary fitted kitchen with integrated appliances
Stylish, fully tiled ensuite bathroom
High-quality fixtures and finishes throughout
Location Highlights:
Ideally positioned just moments from major university buildings and approximately six minutes from MediaCityUK, the development benefits from consistent tenant demand. It is also adjacent to X1 The Campus, a well-established and fully occupied scheme of over 300 studios.
Resident Facilities:
Fully equipped gymnasium
On-site laundry facilities
Secure bicycle storage
Excellent transport links, including Salford Crescent Station within a five-minute walk
This is a low-maintenance, income-generating investment ideal for landlords seeking a hands-off addition to their portfolio.
For further information or to discuss this opportunity, please contact the X1 Sales & Lettings team.
- 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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Cheltenham Place, 33 Frederick Road, Salford, Salford, M6
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Visit our security centre to find out moreDisclaimer - Property reference SAL260043. 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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