The Campus Block B, Frederick Road, Manchester
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
269 sq ft
25 sq m
Key features
- • For Sale by Modern Auction • Subject to Reserve Price & Reservation Fee Investment Studio Third Floor Tenant in situ Managed by local lettings company (9% Plus VAT)
Description
*Photos of sample unit. Contact us to arrange in person viewing (subject to tenant access).
This property is currently tenanted, offering investors monthly gross income of £922.14. Tenant in situ until August 2026.
Ideal for cash buyers, this hassle-free investment opportunity benefits from professional onsite management and modern tenant amenities, including:
Onsite study room
Fully equipped resident gym
well-maintained communal areas
Financial Overview:
Service Charge: £2,746.97 p.a - Service charge - payable quarterly - includes water , wifi and electricty as unit is rented to the tenant on bills included basis.
Ground Rent: £454.70 p.a. (Reviewed every 5 years, next due 01/2029, RPI linked)
Lettings Management Fees: 9% + VAT
Council Tax Band: A
Lease: 999 years from 01/01/2018 (less 3 days)
EPC Rating: B
Located within close proximity to university campuses and key transport links, X1 The Campus is a prime location for student and young professional tenants.
Viewings are highly recommended – contact our team today to arrange an appointment or request further information.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Higher than 2nd floor (with lift),Lift access
The Campus Block B, Frederick Road, Manchester
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Visit our security centre to find out moreDisclaimer - Property reference Auction303B. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call X1 Sales & Lettings, Salford on 0151 453 8069.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.