The Campus, 32 Frederick Road... 1 bed property for sale

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The Campus, 32 Frederick Road... 1 bed property for sale

The Campus, 32 Frederick Road, Salford, Salford, M6
£73,000

Our Summary

  • 82%Readymade Investment Opportunity – Studio Apartment with Tenant in SituPrice: £73,000Gross Yield: 13
  • metresFully Furnished Studio ApartmentModern Development – Popular with Students and Young ProfessionalsCouncil Tax Band: A (students exempt; professionals responsible for their own)Lease: 999 years from 2018 Ideal For:Buy-to-let investors seeking strong yieldsHands-off landlords (managed property)Investors looking for low entry price with high rental returnThis property is only available to cash buyers due to its size and mortgage restrictions

Description

X1 The Campus - Block C is a fully furnished studio apartment in a popular student and young professional area, near the University with excellent transport links. The property is a readymade investment opportunity with a long-term tenant already in place, providing a hassle-free income from day one. With a gross yield of 13.63% and a net yield of approximately 7.82%, this property offers a strong return on investment. The annual rental income is £9,949.08, with a service charge of £2,816.13 and ground rent of £350 per annum. The property is professionally managed by an established lettings team, and is ideal for buy-to-let investors seeking strong yields, hands-off landlords, or investors looking for a low entry price with high rental return. Due to its size and mortgage restrictions, this property is only available to cash buyers.