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The Campus, 30 Frederick Road... 1 bed flat for sale
The Campus, 30 Frederick Road, Salford, M6
£70,000
The Campus, 30 Frederick Road, Salford, M6
£70,000
Our Summary
- Ideal for cash buyers, this hassle-free investment opportunity benefits from professional onsite management and modern tenant amenities, including:Onsite cinema roomFully equipped resident gymSecure entry and well-maintained communal areasFinancial Overview:Service Charge: £2,217
Description
This high-yield studio apartment is located on the 1st floor of the sought-after X1 The Campus development in Manchester and is currently tenanted, generating an immediate rental income of £823.33 PCM, equating to an impressive gross yield of approximately 8.5% at the current asking price. The property benefits from professional onsite management and modern tenant amenities, including an onsite cinema room and fully equipped resident gym. With a service charge of £2,217.32 p.a., ground rent of £454.70 p.a., and management fees of 9% + VAT, this hassle-free investment opportunity is ideal for cash buyers. The property is located close to university campuses and key transport links, making it a prime location for student and young professional tenants. Viewings are highly recommended, and the property is available for sale with a lease of 999 years from 01/01/2018.